Oregon Charter Boat Bond

The Oregon Charter Boat Bond is required by the State of Oregon Marine Board in the amount of $5,000. The cost of the bond is usually the minimum premium and fees of $150.

Individuals who charter boats and accept deposits from clients in excess of $100 per person are required to have this bond.  The bond protects the State Marine Board by ensuring that the bondholder will comply all terms of ORS Chapter 830. In addition, they shall perform all agreed upon duties according to contracts, and return all deposits following cancellation of service.

How to Get an Oregon Charter Boat Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon Charter Boat Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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What does a Charter Boat do?

A charter boat is a boat used to carry seven or more passengers for hire. Purposes include angling, sightseeing or other recreational activities. 

What are the requirements needed in order to obtain a charter boat license?

Those who wish to apply for the license must submit the following:

• Completed Charter Vessel License Application 
• Proof that the applicant has protection against liability imposed by law covering occurrences by the operator of the charter board, and the employees of the operator, for the damages for bodily injury or death in the minimum amount of $500,000 per occurrence
• Evidence of the charter boat’s carrying capacity
• Payment for the annual fee