The General Motors Company made an unprecedented move by offering free auto insurance to customers in two states. Of course, it is too early to see if GM will expand the incentive nationwide. One of the main deterrents that new car shoppers face is the high costs associated with insuring new vehicles. Most states and finance companies require comprehensive coverage, which is why GM has targeted two states in particular – Washington and Oregon. These two states only require motorists to carry liability and physical damages policies on their vehicles, which will make it cheaper for GM to offer coverage to these consumers.
Participants will need to meet several criteria. First, they will need to be residents of either Oregon or Washington states. They will also need to purchase a new GMC, Cadillac, Chevrolet, or Buick that was manufactured between 2010 and 2012. Customers will need to agree to be covered by the MetLife insurance company, and they will also need to possess a valid license. There’s a lot of stipulations, but what other auto manufacturer is offering free car insurance to any of its customers?
The offer is only valid until September 6th of this year, but if GM profits substantially increase, there is a good chance that they will run the same promotion again in the future on a national level. Consumers that are looking to purchase a new vehicle in the Washington or Oregon just might want to check out the new models available on the showrooms of GM authorized dealers.
