We continue with Part Two of our post, Advertised Insurance Features.
Next up on our list of advertised insurance features is Roadside Assistance, a benefit offered by nearly all insurance companies but advertised in commercials by Liberty Mutual. Roadside Assistance is an optional addition to most policies, although the specific benefits vary from insurer to insurer. In many cases, such as with Liberty Mutual, assistance is available for towing, flat tires, emergency fuel delivery, locksmith services, and more 24-hours a day.
The Discount Double-Check is something State Farm advertises to give you greater peace of mind knowing you are getting all the discounts you qualify for. By going through each of your policies and asking the right questions, they aim to find the discounts that may have otherwise been overlooked.
State Farm may not want you to miss out on any discounts, but neither do we. The truth is any insurance agent can comb through your policies to ensure you are not overlooking any potential savings, but only an independent agent can explore discounts from multiple insurance companies. Instead of limiting yourself to State Farm discounts, let our team look for the same or similar savings from a full list of leading Wisconsin insurance companies instead. In our experience, different discounts carry different weight with different insurers. Our goal is to find the company that will award you the greatest value for the discounts you deserve.
Safe Driving Bonus Check
Insurance companies really appreciate safe drivers since good behavior behind the wheel indicates a low risk of future claims. In exchange for safe habits, most companies will offer some kind of discount or special benefit.
Allstate commercials have become particularly known for promoting the Safe Driving Bonus Check, which rewards accident-free drivers with a bonus check twice a year. Drivers must have a clean driving record and pay extra to enroll in a qualifying tier of the Your Choice Auto Program. So long as they remain accident-free, drivers then receive a check worth up to five percent of the cost of coverage. For a $75 per month policy, that equates to a bonus check worth less than $25 every six months.
Other insurance companies also go to great strides to accommodate safe drivers – often at no additional charge. In addition to safe driver discounts, some insurers also offer things like diminishing premiums and deductibles that get lower over time.
New Car Replacement
If you total your new car, your insurance company will probably only reimburse you for the depreciated value of your vehicle – not the cost to buy a new one. However, some insurance companies like Liberty Mutual advertise New Car Replacement coverage that will pay for a brand-new replacement of the same make and model if you total your car. The coverage remains valid until the vehicle reaches one year old or 15,000 miles. At that point, Liberty Mutual offers Better Car Replacement coverage instead, which promises a better replacement of the same make and model if you total your vehicle in an accident.
In most cases, New Car Replacement coverage comes at a price. However, you are not limited to Liberty Mutual for this type of protection (even though they are the primary insurer currently advertising it). For example, Travelers Insurance offers a version of new car replacement that extends through five years of ownership instead of just the first. You can shop around for competitive rates on new car replacement from multiple insurance companies here at Philleo Agency Insurance. Whether you drive a brand-new car or a used one, we’ll work to find an insurer that best fits your needs.
The next time you see a commercial for car insurance, remember that there are probably many companies offering the same advertised feature – not just one. Always work closely with an independent agent here at Philleo Agency Insurance to determine which insurance benefits are right for you.