Your clients can benefit from Frankenmuth Insurance’s Loss History Discount even if they’re not completely Loss Free! 

Provided they don’t have a high claims frequency and the aggregate paid on their claims is less than $1,500, they qualify.  And, the discount can be as much as 10% (3 year history) to 15% (5 year history) on their overall rate. 

For new business entries, the eligibility criteria follows:

•      Loss eligibility period – 3 years or 5 years
•      Prior auto coverage was maintained continuously for the past 3 or 5 years
•      Other than Collision, At-Fault Collision and Med Pay claims with an aggregate payout of no more than $1,500
•      The insureds have less than 3 Comprehensive or Collision (regardless of fault) claims in past 3 years
•      They are not eligible if either the frequency or payout thresholds are exceeded

Also, we do not include Roadside Assistance, Glass or Collision claims which are not at fault when applying this discount.

In the near future, we will be defaulting the discount to the 3 year level if not otherwise selected.   Our iBIS system will remove the discount if losses returned on the Loss history report and / or included in the Loss History section of the application exceed the previously mentioned limits.

We encourage you to take advantage of this opportunity for your insureds to save on their Personal Auto premiums.  Please contact your Underwriter or Field Manager if you have questions regarding this key auto discount.