General Motors is offering a pilot program in Oregon or Washington that offers one-year free insurance. All buyers in these two states are eligible, except for fleet customers. The models covered by this program are the new 2010, 2011 or 2012 Chevrolet, Buick, GMC or Cadillac cars, trucks or crossovers.
This program is expected to simplify the ownership process. Both liability and physical damage coverage are provided by this auto insurance.
In fact, it goes beyond the requirements in the two states. Chris Perry, U.S. vice president of General Motors Marketing, said that it aims to give residents at these states “another reason to discover Chevrolet, Buick, GMC and Cadillac vehicles.” He said that GM now has new products such as the Chevrolet Cruze, Buick Regal, GMC Terrain and Cadillac CTS Coupe that are more tempting as they’re offered with a year's worth of insurance.
MetLife Auto & Home is providing this insurance at no added cost but customers have to hurry since the offer is valid only until September 6, 2011. GM is monitoring the program at these two states, much like a pilot, to see if consumers will be attracted to it.
Drivers in Washington and Oregon are in for a treat as GM offers free car insurance with certain new models.
GM’s one-year free car insurance offer includes physical damage coverage as well as liability. Coverage actually exceeds the state requirements in Detroit and Washington.
Bill Moore, MetLife Auto & Home president, explains that the free car insurance improves the appeal of GM’s cars. According to Moore, this is because their policy is widely regarded as among the most comprehensive in the insurance industry. Moore also reveals that they have a new feature that involves car replacement, something that other insurance companies do not offer.
The car replacement feature protects new GM owners in an unparalleled way. If the car gets damaged within the first year or before clocking its first 15,000 miles, then MetLife Auto and Home will shoulder repair costs. In the event that it is no longer repairable, the insurance firm will replace the car. However, what really sets the MetLife Auto and Home offer is that it does not take depreciation into consideration. That means that unlike other insurance firms, you get the full amount without the miles driven deducted as out-of-pocket expenses.
GM’s free insurance offer covers the car as well as the driver for a full year starting on the purchase date. That includes anybody who has the owner’s permission to drive the car, provided that the buyer continues to own the car. Fleet cars or those that were bought for certain commercial undertakings are not eligible for the free insurance.
The carmaker is currently testing the waters when it comes to offering auto insurance as a standard feature for its cars. They are trying to see if it would motivate enough customers to choose their cars. The offer is only available in Washington and Oregon and new GM owners can renew their policies at the end of the year if they want.
For more information, go to: www.cadillac.com/insuranceoffer.com, www.buickinsuranceoffer.com, www.chevyinsurancebreak.com, or www.gmcinsuranceoffer.com.
About General Motors
General Motors is one of the biggest automakers in the world. General Motors started operating in 1908 and has its headquarters in Detroit, Michigan. The carmaker has 202,000 employees spread across every major region of the globe. It has worldwide presence in at least 120 countries. The company and its strategic partners have production facilities in 30 countries. Their portfolio of brands includes Cadillac, Buick, Baojun, Chevrolet, Opel, Jiefang, Wuling, GMC, Holden, Vauxhall, and Isuzu. China is the biggest national market for the carmakers, followed by Brazil, the UK, the United States, Canada, Germany, and Italy. Meanwhile, OnStar, a GM subsidiary, is the leader in the security, information services, and vehicle safety segments.