Commercial Boats For Sale

Boats used for commercial gain by the owner or agent are categorized as commercial vessels. For example, fishing boats typically fall into this category when the boat is operated for commercial fishing. Commercial Boats must comply with regulations concerning the seaworthy condition of the vessel and safety equipment. Small commercial vessels are generally limited to 12 paying passengers; however, there are exemptions to this rule. For example, the long boats or dragon boats that accommodate more than 12 paddlers.

Dive charter boats are also classified as Commercial Vessels when they operate for profit in transporting passengers to and from dive sites.

Strictly speaking, all privately owned boats that are not recreational would be classified as commercial boats. Tourist boats taking guests to viewing sites or whale watching would also be classified as commercial boats. Similarly, small ferry boats transporting goods, vehicles, and people would also be commercial vessels. Non-government boats involved in Hydrographic survey work are rated as commercial boats.

In the US, commercial boats cannot be used for recreational purposes. Workboats and tender boats that serve oil rigs or dry docks are also commercial boats, as are boats that service navigation buoys.

The average financing or boat loan rate for Commercial Boats today is 7.99%. Commercial boat loans currently range from 7.49% to 10.74%. Keep in mind, there are factors that determine this rate range such as down payment amount, your credit lines, and credit score. If you need a boat loan for a Commercial boat to cover the purchase of a new or used boat, the [Boatzon loan calculator](https://boatzon.com/boat-loan-calculator) can help you determine what type of boat you can afford. Our pre-qualification process for a boat loan does not require your SSN required to pre-qualify, has no impact on your credit report, and we can approve your loan as fast as 24 hours.

The average estimated annual policy for Commercial boats on Boatzon averages between $409 to $1479 per month. Boat insurance rates are generally lower or higher depending on where you live. For example, if you live in a state with a coastline or prone to name storms or hurricanes, your rate will be higher. Territories such as the Great Lakes states or states with rivers have lower insurance the smaller boat lengths. Northern states typically have lower rates as well due to the boating season being shorter.