Freisenbruch-Meyer Waives Loss Of Discount

November 19, 2014

Freisenbruch-Meyer Group [FMG] said they recognize the No Claims Discount [NDC] for auto insurance is an industry incentive to promote safe driving/riding, and said that in the aftermath of Tropical Storm Fay and Hurricane Gonzalo, FMG have agreed to waive any loss of NCD for clients who reported an auto related claim due to damage from either storm.

Michael Freisenbruch, FMG President, said, “By waiving the loss of the NCD, our clients will be relieved of experiencing a premium increase at their next renewal due to any claims related to the storms. We have been working diligently for the past few weeks to assist each client and everyone will be notified regarding this offer.”

No-Loss-of-NCD

Any storm related auto claim is still subject to the respective policy deductible, which is payable to the garage that will fix the vehicle. Any questions regarding loss of NCD can be directed to claims@fmgroup.bm.

Share via email

Read More About

Category: All, Business, News

Comments (4)

Trackback URL | Comments RSS Feed

  1. Bermudian Momma says:

    Given the choice between loss of NCD and having to pay $2,500 twice – I would have rathered the loss of NCD.

  2. JUNK YARD DOG says:

    Makes you wonder why they are not regulated.

    Safe driving is the responsibility of the motorist, insurance intensives have nothing to do with it.

    If you are quoted $1,000.00 with a N.C.D. of 50% does that mean that they are more than satisfied with $ 500.00 in the first instance.

    Add it on the take it off Policy.

    It is pure profit ( less expenses) if they can avoid paying a claim.

    For them ” Half a cake is better than no cake at all.” especially if a Senior bakes the cake.