While many boat rental facilities offer some form of boat rental insurance, your personal boat insurance policy can provide liability coverage if you operate a rental watercraft. Check your boat policy or speak with your boat insurer to determine what, if any, coverage will apply to renting a boat.
Depending on the size and type of boats you offer, you may need to apply for certain licenses and certifications before renting out vessels. You should also familiarize yourself with local boat rental regulations and laws concerning navigational rules and restricted areas when operating a rented vessel.
A rental business must instruct its customers on all of the following: Safe operation and characteristics of rented vessel: This includes the basics of how to operate the vessel safely, such as how to start and stop the engine, how to steer the vessel, and how to use the safety equipment.