Press Release

Teachers Get Added No-Cost Protection With Liberty Mutual's New Car Insurance Policy

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Posted 22 October 2008 @ 10:00 am ET

BOSTON, Oct. 22 /PRNewswire/ -- Liberty Mutual, the nation's eighthlargest car insurer, today announces its new, customized car insurance policythat provides added coverage and benefits for teachers without increasing thecost is now available to teachers and school administrators in Alabama,Arizona, Indiana, Maine, Massachusetts and Virginia.

"Teachers -- who we celebrate and reward for their commitment to educatingour children -- have unique insurance needs," said Greg Gordon, Liberty Mutualsenior vice president, Consumer Marketing. "In today's trying economy, thispackage of benefits won't stretch their pockets -- a plus given that theaverage teacher's salary isn't even keeping pace with the rate of inflation."

Liberty Mutual's customized educators car insurance policy is forfull-time teachers and administrators at primary or secondary schools andaccredited colleges or universities. Introduced earlier this year, it is nowavailable in 14 states countrywide, including Connecticut, Illinois, Kentucky,Michigan, Minnesota, Nevada, Ohio and Wisconsin. The no-additional-costfeatures include:

-- A Collision Deductible Waiver: The customer's deductible is fullywaived if a covered collision loss occurs while traveling on school business.

-- A Comprehensive Deductible Waiver: The deductible is fully waived ifthe car is vandalized while parked at the school or at a school-sponsoredfunction.

-- Personal Property Coverage: Educational materials or school-ownedproperty stolen from or damaged in the teacher's car are covered at actualcash value up to $2,500, with a $50 deductible.

In addition, teachers and administrators who are members of one of LibertyMutual's more than 10,000 affinity groups -- including more than 1,200educational partners -- could qualify for an additional discount. To learnabout the new teacher's car insurance policy or discount eligibility, contactany local Liberty Mutual office in Alabama, Arizona, Indiana, Maine,Massachusetts or Virginia, call 1-888-823-5644.

For information on how schools can apply for one of ten $10,000professional development grants from Liberty Mutual, or how teachers can earna 15 percent discount on graduate professional development courses fromPearson, log onto http://www.libertymutual.com/teachers.

Liberty Mutual Group

"Helping people live safer, more secure lives" since 1912, Boston-basedLiberty Mutual Group is a diversified global insurer and sixth-largestproperty and casualty insurer in the U.S. based on 2007 direct writtenpremium. Liberty Mutual Group ranks 94th on the Fortune 500 list of largestU.S. corporations, based on 2007 revenue. The company has over 41,000employees located in more than 900 offices throughout the world.

The eighth-largest auto and home insurer in the U.S., Liberty Mutual(http://www.libertymutual.com) sells full lines of coverage for automobile,homeowners, valuable possessions, personal liability, and individual lifeinsurance. The company is an industry leader in affinity partnerships,offering car and home insurance to employees and members of more than 10,000companies, credit unions, professional associations and alumni groups.

SOURCE Liberty Mutual


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