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Travelers To Help Customers Save Money On Car Insurance

Travelers To Help Customers Save Money On Car Insurance

Travelers To Help Customers Save Money On Car Insurance


Travelers (NYSE: TRV) today announced another way for customers to save on auto insurance with the introduction of new cheap car models. The New Car Discount Savings of up to 10 percent in the automobile collision coverage for new vehicles. It applies to vehicles of less than three years, with the level of discounts based on the vehicle model year .

"The new car discount is another way that travelers will help customers save money while providing peace of mind that they have appropriate automobile insurance," said William Pearse, vice- president of product strategy and design for travelers. "It may be easy to get caught up in the functions and looks like a new car, but it is important to ensure your new investment is protected."

New car sales have increased in many parts of the vehicle when comparing the year-end figures from 2009 and 2010 .** When it comes to buying a new car, the cost and insurance coverage may be one of the things over the mind of a consumer. A recent unscientific online survey Travelers.com revealed that when consumers were asked what they consider when buying a car, make and model of vehicle was the previous answer. Insurance costs and coverage received the fewest votes. By not taking into account safety during the car buying process, many new car buyers may be exposed to financial risk or loss of savings opportunities. More than 1,600 consumers have taken the survey, which asked the main considerations when buying a new car. The figures below classify the final results:Travelers To Help Customers Save Money On Car Insurance


Make / Model 53.1%

Security 31.3%

Options 6.3%

The resale value of 5.8%

Cost / Insurance 3.5% coverage

When you buy a new car, there is insurance coverage plans and special discounts. For example, the loan or rental coverage gap to protect owners of new vehicles or leased by covering the difference between the actual value of the vehicle at time of loss, and the outstanding principal owed on the loan or lease in the event of loss Total vehicle. In addition, repair or replacement collision coverage to ensure a customer's new car is replaced by a new car the same make and model, if a total loss occurs .***

"The purchase of a new vehicle is a great buy and insurance considerations should be part of the process. Since insurance can save someone hundreds of dollars for both the short term, adjustments to the right, as well as long-term , the right coverage and limits of insurance should something go wrong, "said Pearse. "Supplier of the independent insurance agent or insurance to guarantee the policy will have an automatic right to cover, discounts and restrictions sufficient to protect the property of the driver."

In addition to reducing prices of new vehicles, Travelers offers many benefits and coverage of other discounts to auto insurance customers, such as accident forgiveness, paid in full discount driver insurance benefits, a discount for hybrid vehicles, and various discounts.
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Travelers To Help Customers Save Money On Car Insurance