Honda announces free auto insurance for some customers

Insurance technology and news

The vehicle manufacturer is offering some coverage without charge for buyers of its electric Fit. Honda Motor Co. has announced that its latest electric car comes with the unique option of free auto insurance that covers collision with no deductible. This is the most recent feature being offered among manufacturers to encourage the sale of their electric products. The effort has been made to help to make the cost of purchasing and owning an electric car more similar to that of the less expensive vehicles powered by gasoline. It is,…

Read More

Agents concerned of GM free MetLife insurance offer

Independent insurance agents in the Pacific Northwest have been voicing their apprehension over a promotion made by General Motors that offers auto buyers in the area a year of free MetLife Auto & Home liability and damage coverage.  In an effort to encourage more drivers in Washington and Oregon to purchase new GM vehicles, the auto manufacturer has announced that until September 6, when customers in those two states purchase a new 2010, 211, or 2012 car, crossover, or truck, they would also receive a free year of MetLife Home…

Read More

California Car Insurance: Sequoia offering new “Pay As You Go” insurance plan

Following the latest insurance trend sweeping the nation, Sequoia Insurance Co., one of the largest insurers in California, will begin offering a pay-as-you-drive auto insurance policy. Sequoia joins State Farm and Progressive in offering this particular policy, increasing the options available to California drivers. Progressive was the first to incorporate this concept into their coverage options after finding that fewer people were taking to the road in light of rising gas prices and other costs. Drivers interested in the coverage must first have a small device installed in their vehicles.…

Read More