Are Vanishing Deductibles Legal in the Construction Business?

Nationwide Insurance, on the auto insurance side of the business, has promoted a service plan called Vanishing Deductible for drivers who do not have an accident. The general idea is to reward good, safe driving by reducing auto policy deductibles by $100 (up to $500) every year the driver does not have an accident. Vanishing Deductibles may be new with insurance policy decision makers but it is not a novel idea. Most respected roofers have experienced a scenario in which a homeowner had a competitive contractor propose to take care of all repairs…

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Source: blog.gaf.com

Nationwide Insurance, on the auto insurance side of the business, has promoted a service plan called Vanishing Deductible for drivers who do not have an accident. The general idea is to reward good, safe driving by reducing auto policy deductibles by $100 (up to $500) every year the driver does not have an accident. Vanishing Deductibles may be new with insurance policy decision makers but it is not a novel idea. Most respected roofers have experienced a scenario in which a homeowner had a competitive contractor propose to take care of all repairs…

To continue reading, please click here

Source: blog.gaf.com

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