Travelers now offers the first insurance discount for hybrid boats and yachts!
Photo courtesy of Frauscher Shipyard
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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.