Atlass Insurance Group Increases Liability Limits on High Performance Boats

March 18, 2014

Atlass Insurance Group, a global provider of commercial and marine insurance for more than 30 years, has enhanced its Prime Time Boat Insurance product, available through Atlass and other independent insurance agents nationwide.

Since Prime Time’s launch last year the product has garnered much market attention. A liability limit is now available at a million dollars, with no sub-limits. Higher limits of liability can now be offered in excess of the $1,000,000 limit.

“There is a significant need for a customized boat insurance product designed for the high performance and special risks market,” said company founder and CEO, Frank Atlass. “Getting feedback from clients on the policy has proved to be very beneficial, allowing us to tailor Prime Time to fill the void in the market.”

The marine insurance product is for any owner operated boats valued from $50,000 to $2 million. Prime Time insures high performance speed and fishing boats in need of full coverage, including center consoles with triple or quad outboards and high performance boats with maximum speeds up to 138 MPH.

Prime Time also insures special risks such as older boats, absentee owners and those with extended navigation needs (Central and South America, Mexico, Virgin Islands, Eastern Europe) and owners with prior claims.

Source: Atlass Insurance Group

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