Going digital:
nline reading has become a preferred choice for many. Germania has refocused its news distribution in the last year to accommodate the increasingly popular platform and manage expenses for the benefit of our policyholders. Historically, Germania has printed and mailed four quarterly issues of Germania Today, our magazine exclusively devoted to our policyholders. Last summer, Germania piloted its first digital-only publication, published directly to our website, www. germaniainsurance.com. The goal of reducing the number of print editions is to reduce waste and the cost of postage and printing. GermaniaToday available
online
“The media world has evolv d greatly over the years, and Germania has taken pride in shifting in ways that best serve our policyholders,” Melisa Bosse, director of communication, said. “We still hope to accommodate our loyal readers by continuing our print edition, but downscale to minimize resources.” Spring and fall editions will be printed in their traditional format and delivered to your mailbox. The summer and winter editions of Germania Today will be available online only. Germania has and will continue to post online copies of each quarterly issue of Germania Today at www. germaniainsurance.com/newsletter.
Fee increases:
What they are and
how they will affect you
Non-Sufficient Funds Fee Effective this month, Germania will begin charging a $25 fee for payments made by paper check, bank draft, or e-check that are returned by the bank due to non- sufficient funds (NSF) and uncollected funds. Currently, Germania charges policyholders a $20 fee only for paper checks returned due to non-sufficient funds. The additional fees will help to offset the charges Germania incurs from our bank for each NSF occurrence. For commercial lines, umbrella, and boatowner policies, Germania will continue to charge a $20 fee for payments made by paper check that are returned by the bank due to non-sufficient funds. Policyholders will see the NSF fee listed on the cancellation/NSF notice sent to them as a result of the returned payment. In addition, invoices and electronic
funds transfer (EFT) schedules will also state that any payment returned for insufficient and uncollected funds will result in a $25 fee added to the policyholder’s next invoice. Motor Vehicle Crime Prevention Authority Fee Recently passed state legislation has raised the fee insurers must pay the state organization that works to prevent automobile burglaries and theft from $2 to $4 per motor vehicle each year. House Bill 2048’s fee increase is effective for personal and business auto policies effective on or after Sept. 1, 2019. Auto renewal policies began reflecting the increase on policies issued on or after July 22, 2019. Please contact your Germania agent with any questions regarding these fee increases.
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