When you receive an offer on Getmyboat you may see an included amount at the bottom of the pricing section for a Security Allowance (i.e. $xxx.xx damage & incidentals).
What it is:
The security allowance is a protection in place for boat owners in case the renter or guests onboard do something that incurs an additional expense. This is very uncommon, but could include things such as minor damage or cleaning fees.
Please note: The security allowance is only activated if the boat owner makes a valid claim within 48hrs of the trip completion date. It will never be charged as part of the booking payment, and does not act as an upfront 'fee' or 'deposit'.
How it works:
If the boat owner submits a claim within 48hrs of the trip completion date, we are authorized to charge your credit card. We will send you an email notification to let you know that a claim has been opened.
Any disputes regarding the claim should first be handled between you and the owner. If the dispute is not resolved then Getmyboat will assess evidence submitted by both parties, and will issue a payout to the owner or refund your credit card depending on the conclusion.