New car purchases in Massachusetts are on pace to exceed the 2010 year-end total of 310,547 by more than seven percent, according to data from the Massachusetts Registry of Motor Vehicles. In response to increasing new car sales and to help Massachusetts residents save on auto insurance, Travelers of Massachusetts announces the unveiling of its New Car Discount.
The New Car Discount provides savings of up to five percent on auto collision coverage for new vehicles. It applies to vehicles less than three years old, with the level of discount based on the car's model year.
"Buying a new car is a significant investment and we're pleased to offer customers a way to save money and have peace of mind with auto insurance coverage," said Dick Welch, President and CEO of Travelers of Massachusetts. "There are many important decisions to make in the new car buying process, and insurance considerations should be at the forefront of the decision making process."
In addition to the New Car Discount, Travelers of Massachusetts is offering Accident Forgiveness. Customers who have been with Travelers of Massachusetts for four years or more and are free of accidents, violations and major comprehensive claims for five years may qualify for this program.*
"Accidents can happen to even the safest drivers, and when they do, expenses can escalate," said Welch. "With Accident Forgiveness, we are rewarding our loyal customers with good driving histories by providing savings following their first at-fault automobile accident."
In addition to the New Car Discount and Accident Forgiveness, Travelers of Massachusetts offers many other ways to save for its auto insurance customers such as Pay in Full Discount, Annual Mileage Discount, a discount for hybrid vehicles, and a Multi-Policy Discount. To learn more about other ways to save on insurance, visit www.travelersma.com.
*The Accident Forgiveness program is subject to individual eligibility.