The American Motorcyclist Association and Columbus-Ohio-based Nationwide Mutual Insurance Company have announced a new partnership. The new affiliation makes Nationwide the AMA’s “Motorcycle Insurer of Choice” and brings new benefits to the AMA’s 270,000-plus members, according to a written news release issued jointly by both organizations.
Under the terms of the three-year agreement, Nationwide will offer AMA members its Rev & Ride(SM) motorcycle coverage at discounted rates. In addition, new Nationwide motorcycle policyholders that aren’t members of the AMA will receive a one-year AMA membership. The partnership also offers Nationwide opportunities to sponsor major AMA events.
“We’ve been looking for a partnership like this for a long time, and we’re thrilled to be working with Nationwide,” said AMA Chief Executive Officer Patricia DiPietro. “The insurance discounts will be a great benefit for AMA members, and Nationwide’s commitment to helping the AMA grow is a testament to the power of this program.”
“Our exclusive partnership with the AMA is one way we’re promoting our Rev & Ride coverage,” said Steve Rasmussen, president and chief operating officer of Nationwide Property & Casualty Operations. “We’ve teamed up with the AMA because it’s the country’s largest association of true motorcycle enthusiasts, and that gives Nationwide a clear advantage in a very competitive marketplace.”
Nationwide offers an “all-on-one” policy through Rev & Ride. A single standard policy contract covers up to 12 motorcycles, snowmobiles, ATVs, trikes, sidecars, scooters, snowmobiles, and trailers. Nationwide has special service and claim centers dedicated only to these vehicles, staffed by experts with specific knowledge about motorcycles.
Already available in Ariz., Ill., Ind., Iowa, Mich., Neb., Ohio, Penn., and Wis., Nationwide’s Rev & Ride coverage will be available in most states by the end of the year. The coverage is being sold through Nationwide Insurance, Allied Insurance, Titan Auto Insurance and Victoria Insurance.
The American Motorcyclist Association was founded in 1924 and is based in Pickerington, Ohio. The AMA is a non-profit organization with more than 270,000 members
Nationwide, based in Columbus, Ohio, and identifies itself as one of the largest diversified insurance and financial services organizations in the world, with more than $157 billion in assets. Nationwide ranks 98th on the Fortune 500 list.
Nationwide and the Nationwide Framework are federally registered service marks of Nationwide Mutual Insurance Company. On Your Side and Rev & Ride are service marks of Nationwide Mutual Insurance Company.
Source: Nationwide Insurance Company; American Motorcycle Association
Topics Mergers & Acquisitions Auto Ohio
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