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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 | 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 |
| Back to article | ||
Subject: Couple of issues
First of all, is VW going to be designated as the official payor on the policy? Will there be a payor change after the first year? Is the driver or VW the owner? If the driver is, what if he/she refuses to do the payor change? Will VW simply let the policy lapse? Wouldn't that then contradict with its goal of selling cars and having a customer base of good, loyal drivers? Also, aren't the good drivers subsidizing the bad ones here? Do you know if they treated these VW purchaser as a "group," hence not having to jack up the price for the good drivers (compared with had they bought individual policies)?