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Old 02-06-2008, 09:03 PM   #1 (permalink)
SD_smart_Guy
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smart dealers to offer insurance for fortwo

Here is the article talking about the what smart has planned for insurance as they put it a one stop shop for all your smart needs.

FARMINGTON HILLS, Mich., Feb. 6 /PRNewswire/ ** Daimler Financial
Services Americas is supporting the retail sales launch of the smart fortwo
in the United States with a comprehensive package of finance and insurance
products for consumers and dealers.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080206/CLW027 )

Daimler Financial is providing inventory financing for smart USA
Distributor LLC, wholesale financing for dealer inventories, retail
financing for smart fortwo owners and has teamed up with Liberty Mutual
Insurance Company to create a smart USA-branded retail insurance program
that is licensed in all 50 states.

"Our Daimler Insurance team, working with Liberty Mutual, has created a
personal auto insurance plan for smart fortwo drivers that can save
customers hundreds of dollars a year on their car insurance," said Klaus
Entenmann, President and CEO of Daimler Financial Services Americas. "Our
retail and insurance packages offered by smart center dealers will allow
smart fortwo owners to take advantage of one-stop shopping to quickly get
rolling in this amazing vehicle."

The highlights of this personal auto insurance plan for smart fortwo
drivers is called: "Insurance foryou" and features:


** 12-month guaranteed rate
** Genuine smart fortwo replacement parts
** New vehicle replacement coverage in the first year of ownership and
within 15,000 miles
** 24-hour roadside assistance anywhere in the U.S. and Canada
** towing to your nearest smart dealer or qualified repair facility
** 24-hour claims service, seven days a week

"smart USA is excited to partner with two fantastic companies who pride
themselves on outstanding customer service. Both Daimler Financial Services
and Liberty Mutual have a long history of success in the United States,"
said David Schembri, President, smart USA.

This consumer car insurance program is innovative in the captive
financing market as all customer touch points are being used to promote the
program including Finance & Insurance Manager referral, website enrollment,
finance billing inserts, and cross-selling by Liberty Mutual field agents
and call center agents.

"Our research has shown that well-known major insurers may not have
been fully prepared to quote on a brand new vehicle that is creating a
brand new segment in the U.S. market," said Anamika Singhal, General
Manager, Daimler Insurance Americas. "With Liberty Mutual as a partner on
Insurance foryou, the program enables smart fortwo owners to obtain a
highly competitive quote along with a special discount which helps get
vehicles on the road, especially for those thousands of customers who made
advanced reservations on the purchase of the smart fortwo months ago."

About Daimler Financial Services Americas (DCFS USA LLC)

Daimler Financial Services Americas (DCFS USA LLC) provides
brand-specific financing for Mercedes-Benz automotive dealers' inventories
and their retail customers, and conducts business in the United States
luxury car market as Mercedes-Benz Financial. In the U.S. trucking
industry, Daimler Financial Services Americas conducts business as Daimler
Truck Financial and finances Daimler commercial vehicle products such as
Freightliner, Sterling and Western Star for dealers and their customers in
the fleet, vocational, municipal and owner/operator segments. Daimler
Financial Services Americas serves as the headquarters for operations in
the United States, Canada, Mexico, Argentina and Brazil, and has
approximately 1,600 employees. Daimler Financial Services Americas is a
company of the Daimler Financial Services Group, headquartered in Berlin,
Germany, which operates in nearly 40 countries with an employee base of
close to 6,800. Daimler Financial Services is one of the leading financial
services organizations worldwide. For more information about Daimler
Financial Services Americas, visit http://www.daimler-financialservices.com/na

About smart USA and smart fortwo

smart USA Distributor LLC, headquartered in Bloomfield Hills, Michigan,
is the exclusive distributor of the smart fortwo(R) in the United States
and Puerto Rico and is a wholly-owned subsidiary of Penske Automotive
Group, Inc. The smart fortwo is manufactured by Mercedes-Benz Cars and is a
Daimler brand. This technologically advanced vehicle achieves 40 plus mpg
on the highway and is an ultra-low emissions vehicle, as certified by the
State of California Air Resources Board. The vehicle is 8.8 feet long, 5.1
feet tall and 5.1 feet wide and comes equipped with many functional and
safety features found in most luxury models. smart is currently sold in 36
other countries, and more than 850,000 smart fortwos have been sold since
1998. For more information about smart USA or the smart fortwo, visit
http://www.smartusa.com.
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Old 02-06-2008, 09:11 PM   #2 (permalink)
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Great post!

Sure hope the rates are better than what I got quoted recently by a Liberty Mutual guy (who never heard of the smart, and wasn't aware of the partnership.)


Orphan Wanted.
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Old 02-06-2008, 09:16 PM   #3 (permalink)
 
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I got insurance for my smart through Liberty Mutual. They've had the smart promotion for several weeks already. I'm not sure how great of a discount they offered, but something is better than nothing, right?
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Old 02-06-2008, 09:45 PM   #4 (permalink)
 
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Great news.
This will create stability in both markets. Liberty Mutual is stepping up. SOMEONE is smart over there!!
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Old 02-07-2008, 05:23 AM   #5 (permalink)
 
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Sounds like a great idea!!
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Old 02-07-2008, 11:08 AM   #6 (permalink)
 
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Glad to hear this. I have been with Liberty Mutual for over 40 years, and when I first called last week to get a quote on my new little smartie (expected in about three months), they told me that I was the first in RI to ask about it, and that they would have to do some research. A week later, I got another call. The woman I spoke to told me that the company (Liberty Mutual) was probably going to consider the smart "unbindable" (read uninsurable) due to lack of information on repair costs! But since we had been customers of theirs for so long, they will insure it for me for about $110 more than what we are paying now! Hope the right hand will soon know what the left hand is doing!
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Old 02-07-2008, 11:16 AM   #7 (permalink)
 
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If you have USAA check their site, they have updated their quotes to have the Smart car.
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Old 02-07-2008, 11:38 AM   #8 (permalink)
I have a bad feeling....
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I have bad credit, so I dont know if this applies but when I got a quote online, it was expensive. like 300/mo.
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Old 02-07-2008, 12:19 PM   #9 (permalink)
 
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Quote:
Originally Posted by jediknight36 View Post
I have bad credit, so I dont know if this applies but when I got a quote online, it was expensive. like 300/mo.
Are you sure is not $300 per 6 months?
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Old 02-07-2008, 12:25 PM   #10 (permalink)
 
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Quote:
Originally Posted by strider63 View Post
Are you sure is not $300 per 6 months?
They only offer 12-month policies, but the online quotes are broken down by monthly payment, too
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