The Hanover Adds Watercraft Coverage to Personal Lines Product Suite

May 24, 2019

The Hanover Insurance Group, Inc. has expanded its suite of personal lines insurance products to include a new watercraft insurance offering.

As part of the new offering, The Hanover’s watercraft product will offer:

  • Broadened range of coverage for watercrafts including motorboats and sailboats between $3,000 to $300,000
  • Flexible coverage offerings, limits and loss settlement options
  • Coverages like fishing equipment, towing assistance, and pet injury protection included in the base offering with the option for increased limits
  • Ease of quoting directly in the company’s TAP Sales platform with the ability to prefill customer account information

In addition, the new watercraft product provides coverage for accidents and losses on lakes, rivers, inland waters, and ocean up to 50 miles off the coast of the U.S., its territories, and Canada, with the option to extend up to 100 miles from the coastline.

The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies. The company provides products through a select group of independent agents and brokers. Together with its agents, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items.

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