Markel American Insurance Company has enhanced its Markel High Performance insurance program that provides coverage for boats with speeds up to 120mph.
The program joins the company’s other specialty personal lines, such as motorcycle and various boat products, providing essential coverage to enthusiasts.
Markel American Insurance Company (MAIC) said that with the reintroduction of Markel High Performance, high performance boaters will receive more benefits than with any other current program.
The company said that the update of the program is designed to highlight its commitment to the high performance boating market while providing improved coverage at a competitive price.
Timberlee Grove, president and COO of MAIC, said: We have been insuring high performance boats longer than anyone else and understand the challenges these boaters face in finding comprehensive coverage. We want to help them not only insure their boat but to safely pursue their passion of ‘going fast’.