-- 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