Travelers is offering a new discount on boat and yacht insurance premiums for boaters using the Autotether wireless emergency stop lanyard.

These devices help reduce the chances of a runaway boat by turning off the motor should the operator of the vessel go overboard.  Wearing an emergency stop lanyard is required in six states: Alabama, Arkansas, Illinois, Iowa, Nevada and New Jersey.

“Encouraging safe boating is a top priority at Travelers as falls overboard place everyone in the water at risk,” said Chantal Cyr, vice president of the Boat and Yacht Division at Travelers, in a statement. “We expect that offering a boat and yacht insurance premium discount will encourage powerboat owners to consider using a wireless emergency stop lanyard to make boating safer for everyone on the water.”

A discount of up to 2.5% applies only to certain coverages and is currently available for approved wireless lanyard devices, according to Hartford, Conn.-based Travelers. The discount may not be available in all states and is subject to individual eligibility.