Red Shield Announces Scalable Auto Insurance

Red Shield Protection has announced that it is offering scalable auto insurance policies that give drivers more flexibility over coverage and rates.
The insurer has sorted its auto protection plans into three basic programs. The first two programs provide coverage to vehicles according to mileage, from below 100,000 miles to 100,000 miles and above, with options to cover some or all the parts and components that are not specified in the car warranty. Customers can manage their insurance premiums according to their chosen options. Meanwhile, a third program is designed to give car owners an option to take short-term contracts for their vehicles.
Read more: The state with the most expensive car insurance rates is…
According to the insurer, these programs were developed to ensure maximum coverage for its clients’ vehicles – and all plans cover limits of liability of up to $12,500 or the actual cash value, depending on which cost is greater.
Red Shield also has a protection plan for motorcycles that it says takes into consideration that motorcycles tend to suffer more abuse than cars. The insurer designed cover for all components and parts outside of the warranty, except for a very few select items specified in the service contract.
People Power: Building The Future Of Insurance One Career At A Time
The insurance industry is at a pivotal point. As emerging technologies reshape underwriting, claims processing, and cust... Read more
Private Equity's Great Divide: Is The Future Insurance-Funded Or Fee-Driven?
A fundamental shift is taking place at the top of the private equity industry. While firms like Blackstone remain commit... Read more
Japan's Next Battleground: The Insurance Sector Under Activist Pressure
Farallon’s push at T&D Holdings marks a shift in focus for activist capital targeting Japan’s untapped insurance... Read more
Cover And Conflict: Tensions Rise Between Insurers And Litigation Funders
Burford’s clash with Chubb signals a deeper rift in the legal-financial ecosystem A high-profile dispute between li... Read more
Underwater And Uninsured: How Climate Risk Is Reshaping The US Mortgage Market
As climate change intensifies, its effects are no longer confined to coastlines or news reports on extreme weather. In t... Read more
When The Raters Get Rated: What The Fitch–Kroll Feud Says About Oversight And Accountability
In a rare and unusually public confrontation between two of America’s credit rating agencies, a recent feud between Fi... Read more