Launch Boat Protection is set to begin operations across 48 US states after receiving approval from the relevant local authorities.
Launch Boat Protection operates differently from the standard warranty model by providing boat owners with a cash reimbursement based on the broken component, eliminating the hassle of warranties.
Launch customers can fix their boat at the repair shop of their choosing and filing a claim is as simple as taking a picture of the invoice with a smartphone. Marine service centres and dealerships can add Launch coverage to any boat sale to avoid lengthy claims approvals.
“Launch is free for marine businesses to offer and can even become a profit centre,” according to Chad Burris of Launch Boat Protection. “Coverage only costs the customer $39 USD per month regardless of boat type or value, provided that the boat is not older than 20 years.”
This new industry product, complemented by standard boat insurance and a towing membership, gives boat owners a blanket of coverage that protects their time on the water and their wallet, according to Launch.
