- Ford Pro Insure*, commercial auto insurance to support Ford Pro
vehicle fleets, is now in seven states – Maryland, Minnesota, Arizona, Illinois, Indiana, Tennessee and Wisconsin
- Minnesota is the first state
with a Ford Pro Insure usage-based insurance option – which can
help customers with fleet management and costs
- Ford Pro Insure is part of the ecosystem of vehicles, software,
charging, service and financing supporting productivity for Ford
Pro customers
DENVER, July 10,
2024 /PRNewswire/ -- Ford Pro is broadening the
availability of its commercial auto coverage, Ford Pro Insure, to
Maryland and Minnesota. Ford Pro Insure is underwritten by
Ford Credit's insurance subsidiary and powered by Pie
Insurance.
"We're continuing to bring Ford Pro Insure to new states, giving
more Ford Pro customers another piece of the puzzle to have the
most efficient and productive fleets they can," said Craig Carrington, executive vice president of
Ford Pro FinSimple, Ford Credit's brand that includes commercial
financing and insurance.
"We're proud to offer Ford Pro Insure to more of the small and
medium businesses that make up so much of our nation's economy,
adding to the end-to-end support delivered through Ford Pro."
While Ford Pro Insure is now offered in seven states across the
country, Minnesota is the first
where customers will be offered two choices: a standard policy or a
usage-based policy that leverages the data capabilities on new Ford
Pro vehicles.
"Enrollment in the usage-based policy earns a 10% discount for
businesses and allows business owners greater influence over rates
as they manage use of their fleets," Carrington said. Businesses
enrolled in Ford Pro Telematics may be eligible for additional
discounts.
Pie specializes in small-business commercial insurance and, as
managing general agent, provides sales, distribution, underwriting,
servicing and claims for Ford Pro Insure customers in Arizona, Illinois, Indiana, Maryland, Tennessee and Wisconsin. In Minnesota, coverage is available through
fordpro.com/en-us/insurance/, and Pie manages all but
distribution.
"Ford Pro Insure's growth is a testament to the demand from
business owners for a more data-driven type of auto coverage that
also comes with a complete suite of services whenever and wherever
they need it," said Dax Craig,
co-founder and president of Pie. "We're motivated by the great
feedback we've heard from business owners and our agency partners
to continue to enable small businesses to thrive by making
commercial auto insurance, along with our other commercial
insurance products, affordable and as easy as pie."
Ford Pro Insure is underwritten by Ford Credit subsidiary The
American Road Insurance Company (TARIC) and covers commercial
vehicles purchased through Ford Pro and other channels.
Ford Pro Insure commercial auto coverage is available through
fordpro.com/en-us/insurance/, pieinsurance.com and affiliated Pie
agents.
*Ford Pro Insure is a brand of commercial auto policies issued
by The American Road Insurance Company (TARIC) (NAIC 19631), an
admitted insurance carrier and subsidiary of Ford Motor Company and
Ford Credit. Ford Pro Insure policies are sold and administered by
Pie Insurance Services, Inc. (Pie Insurance), a licensed insurance
producer and non-affiliate of TARIC. (Licenses available at
pieinsurance.com/legal/.) Information provided is subject to Pie's
and TARIC's privacy policies (pieinsurance.com/privacy and
fordpro.com/privacy). Not available in all states and situations.
Coverage subject to policy terms and conditions.
About Ford Motor Credit Company
Ford Motor
Credit Company is a leading automotive financial services company,
providing dealer and customer financing to support the sale of Ford
Motor Company products around the world. This includes financial
services through Lincoln Automotive Financial Services in
the United States, Canada and China, and for commercial customers through
the Ford Pro FinSimple brand in North
America and Europe. Its
retail insurance brands include Ford Insure and Lincoln Motor
Company Insure. Ford Credit is a subsidiary of Ford established in
1959. For more information, visit
www.fordcredit.com,
www.lincolnafs.com or
https://www.fordpro.com/en-us/financing/.
About Pie Insurance
Pie
Insurance is leveraging technology to transform how
small businesses buy and experience commercial insurance, with the
goal of making it affordable and as easy as pie. Pie's intense
focus on granular, sophisticated pricing, and data-driven customer
segmentation enables Pie to match price with risk accurately across
a broad spectrum of small business types, which allows Pie to offer
more affordable insurance to small business owners. Since 2017, Pie
has received over $615 million in
funding and partnered with over 4,000 agencies nationwide.
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SOURCE Pie Insurance