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RESPONSE INSURANCE OFFERS A NEW CHOICE FOR SAFE DRIVERS IN VIRGINIA
VA Bureau of Insurance Approves Lower Cost Auto Insurance Plan
 

Meriden CT – May 24, 2005 |  When it comes to auto insurance, many safe drivers in Virginia have very little to show for the care and responsibility they exercise behind the wheel. But, now they have a real choice that can save them money.

The Response Insurance Group has introduced an innovative new program to benefit safe drivers in Virginia.

“Many insurance companies aren't rewarding people enough for being safe drivers. They often lump drivers together and in many cases give the same rate to both good and the not-so-good drivers," said Mory Katz, Chairman & Chief Executive Officer of the Response Insurance Group of companies. "That’s why we appreciate the Virginia Bureau of Insurance for working with us when we presented our plan to create a rate structure that much more closely reflects a person’s driving record and their own situation.”

How much difference can Response Insurance’s new program make to residents of Virginia? A 47-year-old Arlington couple with good driving records would pay Allstate $1,662 annually to insure a 2004 Ford Taurus LX; they'd pay State Farm $1,210; Progressive $1,130; and they'd pay Response just $981*.

“We’re also offering additional savings to Virginia drivers who are teachers through our Teachers’ Insurance Plan™,” said Steve Oakley, Vice President of Marketing for the Response Insurance Group. “Our research has shown that teachers present a lower risk to insurance companies.” Teachers’ Insurance Plan™, which is also underwritten by members of the Response Insurance Group, is passing on those savings to teachers.

More information and free on-line rate quotes can be obtained at www.response.com and www.teachers.com. In Virginia Worldwide Direct Auto Insurance Company underwrites Response, and Response Insurance Company underwrites Teachers’ Insurance Plan. Both are members of the Response Insurance Group of companies.

* Total 12-month premium for a married couple, age 47, who have been licensed and have not had any accidents or violations for prior 3 years, driving a 2004 Ford Taurus LX. Coverage include 100/300 BI, 50 PD, UM/UIM BI 100/300, 5 MP $250 deductible comprehensive coverage and $500 deductible collision coverage. These rates are based on a 22205 zip code address. Other factors applied. Rates may have changed since printing. Comparative premium quotations are based on publicly available information regarding rates from Allstate Property & Casualty, State Farm Mutual Auto and Progressive Advantage Insurance. Response Insurance Group makes no warranties concerning the information of other companies. Response has used reasonable care in providing premium quotations; however, other factors may influence rates. All applications individually written by licensed members of the Response Insurance Group. Response reserves the right to withdraw an offer of auto insurance if it is determined that consumer does not meet the selection criteria used for an offer, or consumer does not meet other applicable criteria for insurability. Actual premium charged will vary based on driving record, vehicle type, usage, address and other factors.
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Contact:
Ray Palermo
203-634-7251
rpalermo@response.com