NGM Insurance Company Announces New Insurance Products for Massachusetts Drivers

The Main Street America Group’s NGM Insurance Company (NGM) announced today two ways for Massachusetts drivers to save money on their auto insurance when “managed competition” is implemented in the commonwealth on April 1, 2008.

NGM’s new Personal Auto MVP and MVP Auto Elite products are designed to provide the best auto insurance available at a price that fit consumers’ budgets.

Additionally, NGM announced it has received approval from the Massachusetts Division of Insurance to extend the multi-policy discount available with its new Personal Auto MVP product to commonwealth residences insured under the Massachusetts Fair Access to Insurance Requirements (FAIR) plan. The account credit can potentially reduce a policy tier by two, leading to premiums savings of 15 percent to 20 percent. The credit is available for new and renewal auto policies written after April 1, 2008.

“Auto reform has provided us with an opportunity to offer our best auto products at a very competitive price to Bay State drivers,” said Steve Berry, president of Main Street America’s New England Region.

“Our new products feature several important coverages to ensure our Massachusetts policyholders are adequately protected while they are on the road. Yet, the new products are very affordable and represent a great value.”

Berry added, “Personal Auto MVP, NGM’s primary auto product, features an average premium decrease of 7.6 percent. Approximately 70 percent of our current Massachusetts insureds will receive discounts off of their current auto insurance rates. What’s more, additional discounts may be available for drivers who have been free from accidents, equip their cars with anti-theft devices or safety equipment, are good students and/or insure their home with either NGM or our Main Street America Assurance Company.”

MVP Auto Elite, NGM’s new package of endorsements, provides additional coverage at minimal extra cost. NGM offers three levels of coverage — platinum, gold and silver — each with different benefits. MVP Auto Elite Platinum, for example, includes disappearing deductible, in which the collision deductible is reduced over time with renewal; new auto replacement/loan lease gap, which provides new car replacement coverage and coverage for the unpaid amount on a lease or loan in the event of a total loss; and accident forgiveness, in which the driver is not penalized for an “at fault” accident.

All three endorsements include 24-hour roadside assistance through NGM’s new MSAssist program at no extra charge.

“With a Personal Auto MVP policy and MVP Auto Elite endorsement, our NGM policyholders can rest assured that they have all the auto coverage they need to protect themselves in the event of a loss,” Berry said. “And should a loss occur, they will receive assistance through NGM’s efficient and personal WOW! Claim Service.”

Massachusetts consumers interested in learning more about NGM’s new auto insurance products should contact their local independent insurance agent.

About NGM Insurance Company and The Main Street America Group

A member of The Main Street America Group, NGM Insurance Company (NGM) has been serving the insurance needs of individuals, families and businesses in Massachusetts since 1928.

With roots dating back to 1923, The Main Street America Group is a super regional insurance company that operates four property-casualty insurance carriers: NGM, Old Dominion Insurance Company, Main Street America Assurance Company and MSA Insurance Company. Based in Jacksonville, Fla., Main Street America offers a wide range of commercial and personal insurance products, and fidelity and surety bond products, to individuals, families and businesses.

With more than $850 million in direct premium written exclusively by more than 1,100 independent insurance agents, Main Street America insures more than 500,000 policyholders along the Eastern Seaboard from Maine to Florida. The company has regional offices in Jacksonville; Keene, N.H.; Richmond, Va.; and Syracuse, N.Y., and a national claims reporting center in Auburn, Mass. A.M. Best Company rates The Main Street America Group as an “A” (Excellent). Main Street America is the founding company partner of Trusted Choice(R), the global branding program of the Independent Insurance Agents & Brokers of America. For more information about Main Street America, visit

Contact: Mark Friedlander The Main Street America Group (904) 380-7461 [email protected]

SOURCE: The Main Street America Group