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The Hanover Seeks to Cut Auto Rates by Up to 30 Percent or More; Shave Three Years Off State's Existing Six-Year Surcharge Period
Date:11/19/2007

as his or her apartment, condo or house.

Connections Auto also will offer two distinctive package options - Connections DriveSmart and Connections DriveSmart Advantage-giving drivers more choices without the hassle of having to add a'la carte coverages or endorsements to their base policies.

Connections DriveSmart will offer drivers Second Chance Accident Forgiveness, where under certain conditions The Hanover will waive the surcharge for one at-fault accident under a driver's policy every 36 months; Ultimate Towing and Labor, which pays increased limits for eligible towing and labor cost and Ultimate Rental Reimbursement, which pays eligible car rental costs for an extended time if an insured's vehicle is damaged in an accident.

Connections DriveSmart Advantage, which provides an additional level of protection above the benefits of Connections DriveSmart, also includes New Car Replacement Guard, which pays the value of a new vehicle if an insured's vehicle is involved in an accident and declared a total loss within one year of purchase or 15,000 miles, whichever is sooner, and Deductible Dividends, which automatically reduces an insured's collision damage deductible by $100 and will reduce the deductible $100 further at each annual renewal, up to a maximum of $500, for each year a policyholder goes without a chargeable accident.

Other features of Connections Auto will include the ability to purchase stand-alone endorsements such as Loan/Lease Gap Coverage, which covers the difference between what a policyholder owes on his or her auto loan or lease and what the vehicle is worth before it is totaled.

Availability

The Hanover, which currently insures more than 150,000 drivers in the state, will make Connections Auto available for new and renewal business effective April 1, contingent upon approval. Connections Auto, like all of The Hanover's products, will be sold exclusively though the company's network of independent agent partne
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SOURCE The Hanover Insurance Group, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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