Travelers now offers the first insurance discount for hybrid boats and yachts!
Photo courtesy of Frauscher Shipyard
Travelers has delivered another
industry-first. You've heard the recent announcement of our Electric
Boat Discount, we're now pleased to unveil our new discount* on Hybrid Boat and Yacht Insurance.
At Travelers, we're as innovative as the state-of-the-art
technology that's being developed in the marine industry. Our new
hybrid boat premium discount is another way that we stay in-synch with
all of our customers' needs.What is a hybrid boat?
Travelers defines a hybrid boat as one that is specifically designed to reduce green house gas emissions and conserve fossil fuels, as compared to an internal combustion engine boat.A hybrid boat also utilizes an integrated propulsion system that incorporates in its original design, both an internal combustion engine (ICE) and an electric motor.
About the hybrid boat discount:
The new hybrid boat insurance discount recognizes and rewards hybrid boat owners by offering up to a 10 percent discount off their boat insurance premium for hull and liability coverages.- The discount applies to hybrid boat and yachts
- Available for both new and existing Travelers boat and yacht insurance customers.