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No-Charge Auto Insurance Pioneer Out to Sell More VWs, Convince Skeptics Rating Model Works

National News • February 1, 2005
Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to offer car buyers, regardless of their risk ...

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Subject: RE: RE: Free?

Posted On: February 1, 2005, 5:02 pm CST
Posted By: InsMgmt
Comment:
The cost of the car will certainly be adjusted to absorb the cost of the program. The sticker from the factory will already reflect the increase. The cost of the program will be absorbed in sales of VWs across the country, not simply within the program states. A minor adjustment to the pricing spread over thousands of vehicles will not be that apparent.

As for young or irresponsible drivers being unable to afford the second year premium, I suppose this will put VW owners where they belong - squarely in the ranks of the morally hazardous.

With hundreds of VWs vanishing, being destroyed by hit-and-run motorists, developing wiring issues leading to all consuming fires, consumer advocacy investigations, trail lawyer seminars, all contributing to a general boost to the economy, it would appear that this is an idea a politically savy State Attorney General screams for. ;-}
Subject Posted By Posted On
RE: How is this not rebating Larry Lubell
Apr 23, 2007, 2:23 pm
bad customer service REMONA HOLLOWAY
Apr 19, 2007, 9:57 pm
How is this not rebating larry lubell
Feb 9, 2005, 5:05 pm
free insurance John
Feb 3, 2005, 7:10 am
RE: insurance risk, credit risk, and rating models Jared from Subway
Feb 2, 2005, 2:44 pm
insurance risk, credit risk, and rating models Jared Yanowicz
Feb 2, 2005, 12:54 pm
Couple of issues Oytun Palas
Feb 2, 2005, 1:24 am
How is this beneficial to Nationwide? Arthur Ciszek
Feb 1, 2005, 10:59 pm
RE: RE: Free? InsMgmt
Feb 1, 2005, 5:02 pm
Limits Aquagecko
Feb 1, 2005, 4:47 pm
RE: Free? Jimmy
Feb 1, 2005, 4:38 pm
Free? John
Feb 1, 2005, 4:15 pm
Questions ChrisC
Feb 1, 2005, 1:47 pm
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