-

Travelers Introduces Quantum Boat 2.0℠

Enhanced boat insurance product expands customer eligibility and offers a better quoting experience for agents

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of Quantum Boat 2.0, which offers more personalized coverage options through an easy-to-use platform that allows agents to seamlessly quote and bind coverage.

“We built Quantum Boat 2.0 on a highly intuitive platform to help agents increase efficiency and enhance customer service,” said Michael Klein, Executive Vice President and President, Personal Insurance at Travelers. “With new coverage options, expanded boater eligibility and an array of potential discounts, we continue to provide customers with a great experience and a suite of tailored products and services.”

Quantum Boat 2.0 broadens customer eligibility to include principal operators as young as 21 years old and extends coverage to first-time boat owners. Policies are available for multiple boat types, including personal watercraft, center console fishing boats, pontoons, sailboats and classic or antique boats.

Additional features of Quantum Boat 2.0 include:

  • Mechanical Breakdown Coverage Options – can cover losses to inboard and outboard motors, such as wear and tear of the lower unit and machinery, including the mechanical transmission, outdrive and lower unit parts.
  • Boat Replacement Coverage – may protect customers if they suffer a total loss within three years of purchasing a new boat.
  • Protection from Underinsured Boaters – offers protection if the insured is involved in an incident with another boater who lacks sufficient coverage.
  • Boat Liability-Only Availability – allows consumers to secure liability-only coverage.
  • TravAssist BoatsideTM On-Water Towing – can provide emergency services while afloat.

Policies will provide Travelers’ best-in-class services, including a team dedicated to marine claims, and potential savings opportunities, such as a multi-policy discount.

Quantum Boat 2.0 is currently available in Arkansas, Arizona, Indiana, Maine, Minnesota, Mississippi, Missouri, Oklahoma, Tennessee and Texas, with additional states rolling out in the coming months.

Find an agent or learn more about boat and yacht insurance from Travelers here.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $41 billion in 2023. For more information, visit Travelers.com.

Contacts

Media:
Chesleigh Fowler, 860-277-5102
cfowler3@travelers.com

Industry:

The Travelers Companies, Inc.

NYSE:TRV
Release Versions
English

Contacts

Media:
Chesleigh Fowler, 860-277-5102
cfowler3@travelers.com

More News From The Travelers Companies, Inc.

Travelers Recognized for Military-Friendly Culture

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced it has maintained its Gold rank on VIQTORY’s Military Friendly® Companies list, as well as its inclusion on the Military Friendly® Employers and Military Spouse Friendly Employers® lists. The company was also once again named to the Military Times Best for Vets Employers list. “With unmatched leadership skills, a drive for team success and a strong work ethic, the military community adds tremendous value...

Travelers Shares Strategies to Help Protect Businesses and Consumers from Insurance Fraud

HARTFORD, Conn.--(BUSINESS WIRE)--In recognition of International Fraud Awareness Week, Travelers (NYSE: TRV) is highlighting strategies to help businesses and consumers protect themselves from insurance fraud. This threat costs Americans $308.6 billion annually, according to estimates from the Coalition Against Insurance Fraud. “Insurance fraud drives up the overall cost for everyone and undermines consumer trust and the integrity of the insurance process,” said Pranay Mittal, Vice President o...

Travelers and National Trust for Historic Preservation Announce Recipients of Four Grants to Strengthen Community Resilience and Restore American Landmarks

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) and the National Trust for Historic Preservation today announced the recipients of four grants that will help strengthen community resilience and restore American landmarks, starting in New Orleans with a grant to the Preservation Resource Center (PRC). The other grant recipients will be the Eames House in Los Angeles; Mystic Seaport Museum in Mystic, Connecticut; and the Oliver Kelley Farm in Elk River, Minnesota. The...
Back to Newsroom