Want Insurance with That New Car? GM Thinks You Do

If you live in Oregon or Washington and buy (or bought) a new 2010, 2011, 0r 2012 Buick, Cadillac, Chevrolet or GMC vehicle between July 6 and September 6 of this year, you’ll also get a year of auto insurance from MetLife – for free. You’ll have to have a valid driver’s license and have the title to your vehicle in one of those states.

GM said this is being done in order to test the concept of offering auto insurance as a standard feature for customers. After the free year, these test customers can either renew their MetLife policies or seek coverage from a different insurance company.

In addition to testing whether or not free insurance is a valid consumer incentive, GM is hoping this program will also call attention to some of its newer models, like the Buick Regal, Cadillac CTS Coupe, Chevrolet Cruze, and GMC Terrain, and hoping that coming insured will make them more appealing to prospective buyers.

The free coverage includes liability and physical damage coverage for more than the minimum levels of liability insurance required in either of the two states. The policy will cover the vehicle and anyone driving it with the owner’s permission for a year from the purchase date, as long as the original buyer maintains their ownership or lease contract. Vehicles purchased for commercial use or use in car fleets do not come with insurance.

MetLife Auto & Home’s auto insurance policy will repair or replace a new vehicle that is damaged beyond repair in the car’s first year or first 15,000 miles (whichever comes first), and will not deduct for depreciation during that period.

Complete details can be found on the Buick, Cadillac, Chevrolet, and GMC websites.

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