Skip to main content

Cruzin Boats touts its boat-rental matchmaking

Cruzin Boats is following a trend that The Economist says is growing — the peer-to-peer model.

Car sharing has seen a recent spike in growth, with companies such as Zipcars popping up nationwide, NPR reported. Cruzin Boats is an insured peer-to-peer, or P2P, boat rental company.

Cruzin provides a safe place for boat owners to generate revenue, the company said in a statement, while qualified boat renters get access to diverse inventory at affordable rates.

“The idea is to match up boating enthusiasts who don’t own a boat with current boat owners who want to defray some of the costs of keeping their vessel,” a company statement read.

In addition to matching boat owners with those who want to rent, Cruzin provides insurance, renter pre-screening, towing services and boat safety education. Boat owners can create a profile page at the Cruzin website that lists their boat with photos, specs, availability and rental prices. Renters complete an Experian background check and submit boating education and experience for their profile before inquiring about a boat.

Cruzin insures both owners and renters with $1 million in hull and liability insurance from a top marine insurer. BoatUS on-water towing services are available should assistance be needed. Additionally through BoatUS, Cruzin provides free access to Coast Guard-approved boating safety education and certification as part of its boater-qualification services.

“The success of collaborative consumption hinges on establishing a community of trust and providing security to those who participate,” Cruzin CEO Jaclyn Baumgarten said in a statement. “With Cruzin, boat owners can feel comfortable knowing their boat is fully insured and that we’ve taken steps to pre-qualify the renters. Their trust is vital to us.”

Click here for the full release.

Click here for the peer-to-peer story on the car-sharing model.



Alleged Tournament Cheats Face Possible Legal Action

Approximately 8 pounds of lead was found stuffed inside fish entered into the contest by two men from Pennsylvania and an Ohio.


The Boat House Group Announces Merger

The transaction will add two Wisconsin dealerships and several sales, storage and service locations to the group’s portfolio of properties.


GLBBS Breaks Ground on Tech Center

The Michigan-based marine trades school will commence construction of a 10,000-square-foot training facility in the second quarter of 2023.


Avikus Debuts Autonomous Navigation

The company will demonstrate ‘Neuboat’, an autonomous phase-2 navigation solution for recreational boats at this year’s FLIBS.


Scope of Ian’s Devastation Emerges

Southwest Florida’s marine industry businesses are ensuring the welfare of their people well before the cleanup even begins.


Mercury Marine Receives Environmental Award

The company was recognized in the large business sustainability category by Wisconsin Manufacturers and Commerce.