NU Online News Service, Sept. 8, 12:39 p.m. EST
Markel American Insurance Co. and American Marine Insurance Services have launched Zero Deductible, a program that allows policyholders to eliminate deductible risk on auto, home and boat policies.
“Personal finance experts always recommend that you maximize your deductible to save on insurance and then transfer the savings into a cash emergency fund. Then you have the money to cover costs in case of an accident where you need to pay your deductible,” explains Andreas Diwing, managing director of Zero Deductible. “This is generally good advice, but we offer an even better alternative as we allow you to lock in the savings from day one.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.