New Products from Travelers and Ahoy Insurance
At On The Water Marine Insurance, we’re always looking for ways to give our clients the best possible insurance coverage. As an independent marine insurance broker, I’m really excited to share some great news about new products from industry leaders Travelers and Ahoy Insurance that can offer you even more protection and peace of mind.
Introducing Travelers Boat 2.0 in Select States
Travelers has just launched their new Quantum Boat 2.0 product, and it’s a game-changer for boat owners. If you’re in Indiana, Missouri, Tennessee, or Texas, this is something you’ll want to know about. Here are a few highlights:
- Expanded Agreed Value Coverage: With this, you can lock in your boat’s value at the start of your policy, so if the worst happens, you won’t have to worry about getting less than what your boat is worth.
- Broader Navigation Limits: Whether you’re boating along the coast, on inland lakes, or even in international waters, this product has you covered.
- First-Time Boat Owners Accepted: This is big! Travelers is now making it easier for first-time boat owners to get the comprehensive coverage they need, so if you’re new to boating, you’re in good hands.
- New On-Water Towing with No Out-of-Pocket Costs: If you ever need towing while you’re out on the water, this coverage means you won’t have to pay anything out-of-pocket. It’s one less thing to worry about when you’re enjoying your time on the water.
With these features, Quantum Boat 2.0 is a fantastic option for both seasoned boaters and those just getting started.
Ahoy Insurance Expands to Alabama and Texas with Boat Product
Ahoy Insurance, which is known for its tech-savvy approach, has some exciting news too. They’ve expanded their offerings to Alabama and Texas with a product specifically designed for boats up to 50 feet in length and valued up to $500,000. One of the best parts? No marine surveys are required, which makes getting insured a breeze.
Plus, you can get a quote in just four minutes using their super user-friendly online platform. If you’re in Alabama or Texas and want a hassle-free insurance option, you can get started here.
Ahoy’s New Nationwide Yacht Insurance Product
But that’s not all. Ahoy has also rolled out a new surplus lines insurance product that’s perfect for yacht owners. This one’s available nationwide and is tailored for yachts up to 95 feet and valued up to $2.5 million. If you’re in Florida (or anywhere else in the country), this is a great option to consider.
This new yacht product includes comprehensive protection, flexible policy options, and all the tech-driven features that Ahoy is known for. We’ve already seen great success with these programs, including a $1.4 million center console in Texas that’s now covered.
Why Choose On The Water Marine Insurance?
My goal is to find the best insurance options that are perfectly suited to your needs. With the introduction of Travelers’ Boat 2.0 in Indiana, Missouri, Tennessee, and Texas—especially with the new benefits for first-time boat owners and no out-of-pocket costs for on-water towing—and Ahoy Insurance’s expanded products in Alabama and Texas, along with their nationwide yacht coverage, we’ve got you covered like never before.
Whether you’re insuring a fishing boat, a luxury yacht, or anything in between, I’m here to help you through the process and make sure your vessel is fully protected. Feel free to reach out to learn more about these exciting new products and how they can benefit you.
And as always, don’t forget to wear your life jacket and enjoy your time on the water!
Written by Eric Fisher
Agency President at On The Water Marine Insurance.
Recent Posts
Share This Article
Related Articles
If you run a small fishing charter in states like Ohio, Indiana, or Kentucky, having the right insurance is crucial. Whether you're offering bass, walleye, crappie, or catfishing charters, a personal boat policy with a charter fishing guide endorsement can provide the coverage you need—without breaking the bank. In this post, we’ll explore real-world rate examples and why our policies stand out, including no forced winter layup periods and matching uninsured boater coverage to your liability limits.
Whether you’re a seasoned bass fisherman or just getting started, having the right bass boat insurance is crucial. This blog covers the essentials, from agreed value coverage to protect your boat’s full value, to insurance for electronics and fishing equipment. We also explore common claims like lower unit damage, the importance of tournament coverage, and medical payments protection.
When it comes to insuring your boat or yacht, understanding the difference between admitted and surplus lines insurance is crucial. Admitted carriers offer state-backed protections and often more comprehensive coverage, while surplus lines step in for higher-risk situations, but with more restrictive rules and higher costs. In this post, I’ll share a recent experience with a client who nearly switched to surplus lines, even though they qualified for admitted coverage—and why it’s important to know the difference when protecting your investment.
