Volkswagen Commercial Vehicles has launched a new fixed price insurance offer to reward loyal owners who are often hit with increases in premiums when staying with the same insurer.
The three-year fixed price insurance offer from Volkswagen Commercial Vehicle Financial Services has been introduced in response to customer feedback after research revealed 40 per cent of owners switch insurance every year because loyalty isn’t rewarded. The deal is being provided by UKI, who own the Churchill, NIG and Direct Line brands. The fixed rates won’t apply if a driver picks up a motoring conviction during the three years by the way.
Figures show drivers experience an average increase of £46 a year when renewing with the same insurer, costing the nation an estimated £4.1 billion in excess premiums, according to the Financial Conduct Authority and Competitions and Market Authority .
The Volkswagen Commercial Vehicles offer, part of the brand’s Working With You promise, secures the renewal price for two cycles meaning the premium you pay now will still be the amount charged for a duration of three years, if you choose to renew. The price will only change if your circumstances do.
The hassle-free deal is available across the Volkswagen Commercial Vehicles range of new and used passenger-carrying vehicles: Caddy Life, Caddy Maxi Life, Shuttle, Caravelle, California and Grand California.
While customers can relax and enjoy the added certainty that comes with the three-year fixed price commitment, the offer gives customers flexibility to cancel or switch, with the policy operating as a normal 12-month contract. A further benefit is that any repairs done as part of a claim are carried out by Volkswagen-trained technicians using genuine parts.
Tom Macintyre, Brand Manager for Volkswagen Commercial Vehicle Financial Services, said: “As part of our commitment to Working With You, we are responding directly to customer feedback with this insurance offer which rewards loyalty. We believe owning a vehicle – whether it’s a Caravelle, Caddy Life or California – should be hassle, worry, and stress-free and allowing our customers to secure a fixed price on their annual insurance for three years offers exactly that.”
For more details on Volkswagen Commercial Vehicles’ award-winning range of products and services, or to find your nearest Van Centre, please visit www.volkswagen-vans.co.uk.