Farmers Expands Its Flexible Auto Package in Texas

Effective July 1, Farmers Texas County Mutual is adding two new packages to its Farmers Flex package of options that can reward drivers for being accident-free.

Farmers Senior Vice President of Personal Auto Bill Martin said the additions give many current and future customers “the ability to choose the exact auto coverages they need.”

Options with the premier package include:
–Waives any accident surcharge for one chargeable accident for renewal offers during a three year term.
–Locks in base rates for renewal offers during a two year term (and freezes actual rates subject only to un-waived chargeable accidents -and criteria changes, such as selling your vehicle or moving).
–Offers a deductible for collision coverage that declines right away (on inception of the package) and then declines again for every 12 months following in which there are no chargeable accidents.

Options with the ultimate package include:
–Waives any accident surcharge for any number of chargeable accidents for renewal offers during a three year term.
–Locks in base rates for renewal offers during a three year term (and freezes actual rates subject only to criteria changes, such as selling the vehicle or moving).
–Offers a deductible for both collision and comprehensive coverages that declines right away (on inception of the package) and then declines again for every 12 months following that you have no chargeable accidents.

“Farmers also offers a New Car Pledge with Farmers Flex,” Martin said. “If, during the first 24 months or 24,000 miles of use, your new insured car is declared a total loss from a covered loss, Farmers will pay to replace it with a new one of the same make and model, with no depreciation. If your new car is repairable, we will use only original equipment manufacturer parts for the repairs, when they are available.”

Source: Farmers Group Inc., www.farmers.com

Topics Texas Auto Agribusiness