Vanishing Deductible Could Mean Big Savings for Nationwide Car Insurance …
Published: Mon 08 Mar 2010
Headquartered in Columbus, Ohio, Nationwide Group holds over forty companies, including publicly traded Nationwide Financial Services. the corporation is a multi-line insurance company and offers a lengthy list of products.
Nationwide Insurance recently introduced a campaign that will possibly attract droves of auto insurance shoppers looking for the lowest rates. the car insurer launched the “vanishing deductible” plan for auto insurance policyholders. the concept behind the program is that if you have never filed an accident claim with your auto insurer, you could qualify to reap the savings.
Nationwide’s vanishing deductible program will reduce policyholders’ deductibles by $100 for each year of safe driving. when new customers start a policy, they will receive $100 of their deductible at the time they become Nationwide policyholders. For every year of safe driving thereafter, the policyholder will receive an additional $100 off of the deductible. Nationwide claims that the vanishing deductible is a way to show their gratitude to responsible drivers. Nationwide is offering the vanishing deductible as an optional policy feature, and the yearly credit is subject to certain eligibility requirements. Although specifics can vary by state, Nationwide has set the maximum discount at $500.
Vanishing Deductible Could Mean big Savings for Nationwide Car Insurance …