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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: How is this not rebating
I cannot comprehend how anyone could not see this as "Unfair trade practice." Bottom line, if some guy goes to buy a V.W. Does another agent have any chance to write him? Clearly the department has given a dealership an unfair advantage.
The insurance company is selling V.W. insurance at a reduced rate in order to buy a volume of business and get a chance at the renewal.
As an owner of an insurance agency that sells auto insurance, I would be terrified save for the realization that this gimmick will fail.