Arbella Launches Carpartment Insurance [Manufacturing Close - Up] - Insurance News | InsuranceNewsNet

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March 11, 2013
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Arbella Launches Carpartment Insurance [Manufacturing Close – Up]

Proquest LLC

The Arbella Insurance Group announced the launch of Carpartment insurance.

Designed to help make renter's insurance policies simpler and more affordable, Carpartment offers significant discounts to tenants who insure their cars with Arbella.

"We're very excited about making Carpartment available to our policyholders," said Jim Hyatt, Arbella's vice president of Personal Lines. "Renter's insurance is carried by only 31 percent of tenants nationwide, and many of the uninsured have no idea that their possessions aren't covered. Tenants, especially first-time renters, need to realize that going without renter's insurance is a big risk, as rental units are burglarized 50 percent more often than owner- occupied properties. By offering renter's insurance that's both inexpensive and easy to purchase, we're helping our policyholders minimize that risk."

According to a release, with Carpartment, Arbella is offering policyholders the opportunity to add renter's insurance to their car insurance for as little as $3 a week, ensuring that their property is covered in case of loss or damage by fire, burst pipes, burglary, and more. As a further incentive, Arbella is offering a 10 percent auto insurance discount for existing policyholders who also purchase renter's insurance through the Carpartment program.

"At Arbella, we're dedicated to providing our customers and communities with easy ways to protect what's most important to them," Hyatt added. "With Carpartment, we're offering renters a simple way to protect their possessions, both on the road and at home."

Carpartment insurance is now available to Arbella private passenger vehicle customers in Massachusetts.

The Arbella Insurance Group is a customer-focused regional property and casualty insurance company, providing personal and business insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire.

More information:

http://www.arbella.com

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  291

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