Progressive auto insurance companies can get a bargain with Morgans new car insurance.
The car insurance company, Morgan Automobile, is offering a three-year auto insurance plan that provides up to $25,000 for drivers.
The plan is a combination of state and federal tax credits, which allows the company to get out of paying any upfront costs and out of having to pay for a deductible.
The program has no limit on coverage, and the company says it is able to take advantage of its low deductible because the policy does not cover drivers’ personal injury or property damage.
The company has not disclosed the cost for its three- and four-year plans, but reports it has been able to negotiate with some of the most generous rates in the country.