Germania Today | Spring 2020

New property inspection partner In the near future, Germania will transition to a new property inspections service provider, JMI Reports. Previously performed by CIS Group, required inspections will be completed by JMI, which provides a full range of property evaluation services to insurance carriers. Benefits include: • More responsive service and stronger account management • More inspection type options with a favorable pricing structure • Hazard scoring tools that are best in class • Pre-integration with an inspection automation system The only difference visible to our policyholders is the postcard notification you will receive from JMI whenever an inspection of your property is ordered. Please contact your Germania agent if you have any questions. Keep your auto premium cost down with new deductible options Germania is giving you more freedom to keep your auto insurance premium affordable with new deductible options. Germania currently offers deductibles up to $1,000 for other than collision (OTC) and collision coverages. New deductibles up to $5,000 will be available later this year. This deductible option will become available for policies renewing after May 1. Raising your deductible saves on your premium. However, be sure you are prepared to pay more in the event of a claim. Review your claims history, financial situation, and car value with your Germania agent to determine if this is the right option for you.

coverage: Rental car what you need to know

If you ever find yourself in a position where you have to rent a vehicle in the event of a claim, the coverage can be the difference between simply talking to your insurance company or being responsible for costly rates. Given the recent shift in industry trends, now is the best time to have a conversation with your agent about the importance of adding or increasing your rental car coverage. The latest industry review revealed that rental car expenses are steadily increasing due to the complexity, length, and rising cost of vehicle repairs. Additionally, many manufacturers are phasing out the economy and compact car categories and shifting to large sedans, crossovers, and sport utility vehicles (SUVs). As a result, Enterprise Rent-A-Car – Germania’s car rental partner – is now offering the intermediate car class as its entry-level rental option. The minimum rental car coverage of $20 a day may no longer protect you from out-of-pocket expenses. Increasing your rental coverage limit to $50, $75, or $100 a day can minimize and even eliminate any additional expenses you may incur. For a few dollars more a month, you can better protect yourself in the event of an accident. Reach out to your agent to see how they can assist you in making the best decision for your needs.

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