Business News
Teachers Get Added No-Cost Protection With Liberty Mutual’s New Car Insurance Policy
2008-08-25 09:00:00
Specialized Policy Rolled Out in Five Additional States
BOSTON, Aug. 25 // -- Liberty Mutual, the nation's eighth
largest car insurer, today announces its new, customized car insurance
policy that provides added coverage and benefits for teachers without
increasing the cost is now available to teachers and school administrators
in Michigan, Wisconsin, Ohio, Connecticut, and Kentucky.
"Teachers -- who we celebrate and reward for their commitment to
educating our children -- have unique insurance needs," said Greg Gordon,
senior vice president of Marketing at Liberty Mutual. "Given that the
average teacher's salary isn't even keeping pace with the rate of
inflation, we've created a package of benefits that doesn't stretch their
pockets."
Liberty Mutual's customized educators' car insurance policy is for
full-time teachers and administrators at primary or secondary schools and
accredited colleges or universities. Beginning its roll out last month in
Illinois, Minnesota, and Nevada, this customized policy is now available in
eight states with additional states being added throughout the year. The
no- additional-cost features include:
-- A Collision Deductible Waiver: The customer's deductible is fully
waived if a covered collision loss occurs while traveling on school
business.
-- A Comprehensive Deductible Waiver: The deductible is fully waived if
the car is vandalized while parked at the school or at a school-sponsored
function.
-- Personal Property Coverage: Educational materials or school-owned
property stolen from or damaged in the teacher's car are covered at actual
cash value up to $2,500, with a $50 deductible.
In addition, teachers and administrators who are members of one of
Liberty Mutual's more than 10,000 affinity groups -- including more than
1,200 educational partners -- could qualify for an additional discount. To
learn about the new teacher's car insurance policy or discount eligibility,
contact any local Liberty Mutual office in Michigan, Wisconsin, Ohio,
Connecticut, and Kentucky, or call 1-888-823-5644.
For information on how teachers can apply for one of 15 master's degree
scholarships from Liberty Mutual, or earn a 15 percent discount on graduate
professional development courses from Pearson, log onto
http://www.libertymutual.com/teachers.
Liberty Mutual Group
"Helping people live safer, more secure lives" since 1912, Boston-based
Liberty Mutual Group is a diversified global insurer and sixth-largest
property and casualty insurer in the U.S. based on 2007 direct written
premium. Liberty Mutual Group ranks 94th on the Fortune 500 list of largest
U.S. corporations, based on 2007 revenue. The company has over 41,000
employees located in more than 900 offices throughout the world.
The eighth-largest auto and home insurer in the U.S., Liberty Mutual
(http://www.libertymutual.com) sells full lines of coverage for automobile,
homeowners, valuable possessions, personal liability, and individual life
insurance. The company is an industry leader in affinity partnerships,
offering car and home insurance to employees and members of more than
10,000 companies, credit unions, professional associations and alumni
groups.
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