Farmers Insurance Introduces New Annual Auto Policy in Ohio

Farmers Insurance Group of Cos., including Farmers Insurance Company of Columbus recently announced a new product for its over 256,000 insurance policyholders or new policyholders in Ohio.

Beginning December 17, 2007, the Farmers will offer an annual auto insurance policy that will allow Farmers auto insurance policyholders and new customers to choose either a full-year auto policy term option or the six-month policy term option currently offered.

“The annual auto policy provides the same wide array of coverages and discounts available on the six-month policy, and does so at a price that is “locked” in for a full year,” explained Kevin Kelso, president of Personal Lines, Farmers Insurance Group.

“Most auto insurance policies renew every six months. Now, with Farmers’ annual auto policy, policyholders can lock in a low price for a full 12 months, so they know exactly what their coverage will cost for the whole year,” Kelso added. “Existing Farmers auto policyholders may choose to take the one-year policy at renewal time, or remain with a six-month policy.”

Farmers Group, Inc. is a wholly owned subsidiary of Zurich Financial Services.

Source: Farmers Inasurance Group of Cos.

Topics Auto Ohio Agribusiness