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By Michael Wong | January 3, 2022.
2. Sailo (Visit sailo):
- Make money renting out your:
- yacht
- sailboat
- motor yacht
- pontoon
- catamaran
- cruiser
- Benefits:
- Earnings:
- You keep 86% of displayed calendar pricing, plus any add-ons you offer, if you have your own charter insurance.
- You keep 71% of displayed calendar pricing, plus any add-ons you offer, if you require coverage by Sailo's insurance policy.
- Renter must pay a refundable $500+ minimum security deposit (which you can change) to cover any incidental damage or lost items, if you choose Sailo's insurance.
- Earnings paid by direct deposit into your bank account 24 hours after a completed rental.
- You choose rental rates and availability:
- Full day = 8 hours
- Half day = 4 hours
- Quarter day = 2 hours
- Installments feature lets you charge the renter an initial deposit to hold the boat, and then charge the remaining balance across up to four payments.
- You approve or refuse any renters or captains.
- Sailo review and verify all captains and renters' boating qualifications.
- Sailo visit every boat to make sure the vessel is up to the highest standards.
- 24/7 customer support.
- USCG licensed captains available to renters.
- Invite your friends to Sailo:
- They get $100 off their first rental.
- You get $100 in boating credits.
- Requirements:
- Maintain and keep the Proof of Insurance on board at all times.
- Provide Documentation of Ownership and/or a valid copy of the Boat's Registration (and any other legally required documentation) on board the boat at all times.
- iOS app rating: 4.7 (25+ ratings)
- Stats:
- 26,000+ rentals.
- 30,000+ vessels.
- 2,300+ captains.
- Funding: $1.1 million (http://c1ick.us/sailo-crb)
- Employees: 2-10 (est. 2015) (http://c1ick.us/sailo-lkd)
- Minimum age: 18+
- Countries: USA, worldwide.
- Free to join: Yes