Travelers Gives New Discount for New Cars

Posted & filed under Car Insurance, economy.

Noted property and casualty insurance company Travelers has announced a new discount available to their customers. This discount is tied to new cars.

The New Car Discount gives customers a savings of up to 10% on their collision coverage for new vehicles, and can be applied to vehicles that are three or fewer years old. The actual amount of the discount is based on the age of the car.

In a press release, William Pearse, vice president of Product Strategy and Design for Travelers, spoke about the new discount, saying, “The New Car Discount is one more way that Travelers is helping customers save money while delivering peace of mind that they have the right auto insurance coverage. It can be easy to get caught up in the features and looks of a new car, but it’s important to make sure your new investment is properly protected.”