Safeco’s New Auto Policy Designed to Give Customers More Choices

July 20, 2006

Safeco has introduced a redesigned auto policy aimed at better fitting customers’ lives. The new Safeco Auto Policy* is designed to cover the needs of today’s typical drivers — including coverage of manufacturer-installed audio/video equipment and children’s car-seat replacement in the event of an accident. Safeco also is including a series of additional coverages customers can select from, such as purchase-price replacement for totaled new cars or loan-and-lease coverage for outstanding bank notes on totaled vehicles.

A Safeco Auto Policy now covers a broader group of customers. For instance, domestic partners and civil-union partners can now be identified as “insureds.”

A new endorsement offering*, the Safeco Optimum Package, includes eight bundled coverages aimed at rewarding safe driving and providing extra protection for emergencies, repairs and personal property:

*Diminishing deductible (Reduces collision deductible by $50 every
six months, up to $500, as long as the customer has no at-fault
accidents);
*Electronic lock, ignition and key replacement deductible waiver;
*Emergency expenses;
*Personal property coverage;
*Waiver of adjustment for depreciation;
*Uninsured motorist property damage deductible waiver;
*Worldwide rental car physical damage coverage; and
*Non-owned trailer coverage — increased limits.

The new auto policy is availablein 14 states, and by year end is expected to be introduced in all 44 states where the company offers personal auto products. The 14 states are: Alabama, Colorado, Idaho, Illinois, Indiana, Iowa, Michigan, Missouri, Nebraska, North Dakota, Ohio, Oregon, South Dakota and Utah.

Safeco’s personal auto policies are available through a national network of more than 8,500 independent agents, on the Web at www.safeco.com or by telephone at 800-4-Safeco.

* Availability of coverage options may vary by state.

Source: Safeco

Topics Auto

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