-- OEM coverage - covers replacement cost of an Original Equipment
Manufacturer part when the damaged part of a vehicle with less than 20,000
miles cannot be repaired.
-- Replacement Cost Endorsement - pays the difference between the Actual
Cash Value (ACV) of the auto and the cost of a new vehicle in the event of
a total loss to a new vehicle less than twelve months old and with less
than 15,000 miles;
-- Deductible Dollars - reduces both the Collision and Limited Collision
deductible each year the policy does not have a claim by $100 each year, to
a maximum of $500 (or the total deductible if less than $500); and
-- Accident Forgiveness - on policies in effect with Plymouth Rock more
than four years in which the listed drivers are SDIP step 99, a surcharge
will not be applied and the SDIP credit will not be lost due to one
surchargeable, at-fault accident that may occur to a listed operator and
vehicle.
As part of its original filing on November 19, Plymouth Rock also is
seeking the Division's approval to offer the following three new discounts
targeted at less experienced operators:
-- An Advanced Driver Training Discount for drivers with less than six
years of experience who participate in an RMV-certified advanced driver
training program such as In Control®, available for up to three years on
Bodily Injury, Personal Injury Protection, Property Damage and Collision
coverages;
-- A Good Student Discount for inexperienced operators enrolled full-time
in high school or an accredited college or university, who have no more
than three SDIP points and maintain at least a "B" or equivalent grade
average; and
-- A Student Away at School Discount for inexperienced operators residing
at an accredited educational institution more than 100 miles from the
garaging location who do not have regular access to the covered vehicle
while at school.
"Plymouth Rock has always provided its customers with more than just
insurance, and we are pleased that we will now be able to reduce rates and
provide even more new features and benefits to our policyholders," said
Plymouth Rock President Hal Belodoff. "As we have done consistently for
almost twenty-five years, we will continue to lead with the strength of our
pioneering Door to Door Valet(SM) suite of claims services and our
industry-leading True Service® Pledge."
Headquartered in Boston, Massachusetts, Plymouth Rock Assurance Corporation
(www.plymouthrock.com) is the flagship carrier of The Plymouth Rock Group
of Companies, which together write and manage over $1 billion in auto and
homeowners insurance throughout the Northeast. Plymouth Rock's
industry-leading service innovations include its Crashbusters® vans, the
nation's first complete mobile automobile claim service; its Door to Door
Valet Claim Service(SM) that offers vehicle pick-up, delivery and
guaranteed auto repairs; and its True Service(SM) Pledge, a
first-of-its-kind written commitment to service excellence. Plymouth Rock
has received a rating of "A-/Excellent" from A.M. Best, the insurance
industry's premier independent rating service.
Contact Information: Contact: Paula Gold 617-951-1003 pgold@prac.com