Licensed charter boat fishing guides and mothership vessels must have proof of liability insurance in their possession while on the water and make it available for inspection by duly authorized agents. Insurance must be:
- In their name (charter boat fishing guides only)
- Currently in force
- Written by a company with at least an A-rating in the latest printing of A.M. Best’s Key Rating Guide
- Of a commercial nature
- Not associated with a primary residence
- At least $300,000 in coverage per occurrence.