The Deductible Reimbursement benefit is designed to increase your profits and help to control your loss-ratio. You will also be providing your customers with more extensive coverage at a lower cost.
The Deductible Reimbursement plan will reimburse your customer their deductible amount in the event their covered vehicle is involved in an accident. It reimburses from $1 up to $500 for comprehensive and collision repairs and all plans include credit fraud protection for up to $225 due to theft.
In other words, if your customer is involved in an accident with damage between $500 - $1,000, they will be reimbursed up to the first $500. If your customer is involved in an accident with damage of $500 or less, they will be reimbursed for the full amount and will be out-of-pocket nothing.
Contact an NSD representative today to get more information on offering this valuable coverage. Not available in all States.