Powerboat P1 Inks Sponsorship Deal With Progressive Insurance

Starting this season and extending through 2026, Progressive Insurance will become the official insurance sponsor for all Powerboat P1 USA-produced offshore races, including the inaugural P1 Offshore Triple Crown series. Progressive also will sponsor Powerboat P1 organization safety teams for its offshore racing AquaX personal watercraft competitions.

When the first green flag flies for the Triple Crown, safety teams will be flying Progressive Insurance colors. Photo by Pete Boden copyright Shoot 2 Thrill Pix.
The news was announced in a Powerboat P1 press release this morning.
“As the No. 1 boat insurer in the country covering over 1.8 million watercraft, it’s important for us to make sure people are not only insured on the water, but are also protected with the proper safety equipment,” said Eric Doubler, Progressive’s recreational lines direct business leader, in the release. “Collaborating with Powerboat P1 on these initiatives speaks to our shared goal of growing the sport and the boating community, while promoting on-water safety.”
Powerboat P1 also is producing the American Power Boat Association Offshore National Championship Series season-opener, May 16-18 in Cocoa Beach, Fla. Progressive is not involved in backing the Cocoa Beach event.
“Strategic sponsorships are at the heart of our business and unveiling this new relationship with Progressive Insurance is a great way to start the year,” said Michelle Petro, the director of operations for Powerboat P1 USA. “This new sponsorship reflects our shared commitment to safety, professionalism and innovation in marine motorsport, and Progressive’s support will allow us to further enhance the resources and capabilities of our safety operations.”
Editor’s note: An earlier version of this story had an error in the caption regarding Thunder On Cocoa Beach. It has since been corrected. All apologies for any confusion the error may have created.
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