Thursday, October 30, 2008

Hybrid Discount


As boaters continue to search for ways to beat see sawing gas prices and, at the same time, become more eco-friendly, their efforts are now being met with at least one reward. Travelers offers the industry’s first hybrid boat insurance discount—up to 10% on hybrid boat and yacht insurance. “Hybrid vessels are using the latest, state-of-the-art technology in the marine industry,” says Chantal Cyr, vice president of the Boat and Yacht Division for Travelers.

The move comes as several versions of hybrid boats enter marinas around the world, including the Island Pilot DSe Hybrid, which is currently making its debut at the Fort Lauderdale International Boat Show. “Travelers marine specialists thoroughly reviewed the functionality and operation of hybrid boats currently in the marketplace,” adds Cyr. “Our research suggests boat manufacturers will begin incorporating hybrid designs into different models to provide a hybrid option similar to what’s taking place in the automotive industry.”

Travelers defines hybrid boats as those with an integrated propulsion system that incorporates both an internal combustion engine and an electric motor in its original design. For more on hybrid boats, and an in-depth look at the Island Pilot DSe Hybrid, look for Power & Motoryacht’s special January Engines Issue.

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