Texans Can Receive Full Vehicle Value Under New Auto Insurance Policy

DALLAS, May 23 /PRNewswire/ — Texans can now purchase auto insurance that locks in the amount they would receive if their vehicle is stolen or totaled during the policy term. Agreed value coverage, which is not subject to depreciation or a deductible, is being introduced into the Texas market by the Chubb Group of Insurance Companies.Agreed value coverage is part of several enhancements available through Chubb’s new Texas Masterpiece(R) Auto Preference(R) Program, which replaces the insurer’s Texas Platinum(SM) Auto Program offering…..

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