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Powerboating GearMarine Hybrid Engines Gaining GroundLargest solar yacht in the world arrives AustraliaElectronics expert says thermal imaging to surpass radarJoystick control for shaft-drive boats - the Twin Disc game changerManson Anchors heads off all rivals in German testSpaceship-Sleek Solar Hybrid YachtThe New Radar Technology – 'Broadband' Radar ExplainedNew Mobilarm VPIRB device making wavesTravelers Introduces First Electric Boat DiscountMarketWire.com-- Travelers, a leading provider of boat and other personal insurance products, is launching a first in the industry insurance premium discount* of up to 10 percent for those owning electrically powered boats. Whether boaters are interested in a quieter boating experience, or if they are seeking environmentally friendly boating solutions that help save money on annual fuel costs, electric boats can provide the right alternative for this segment of boaters. As a result, the number of electric boat manufacturers has grown and there continues to be a demand for electric boats in the current economy.
"There has always been a segment of boaters who prefer a quieter electric boat and with the rising cost of marine fuel and a growing focus on the environment there is no doubt that more boaters will consider this option," said Chantal Cyr, vice president of the Boat and Yacht Division for Travelers. "As habits are changing and more people are using electric boats, Travelers is offering an innovative insurance solution that fits the evolving lifestyle of our customers."
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