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Mercedes-Benz finance arm now offers car insurance

Canadian Mercedes-Benz drivers eligible for first-of-its kind insurance plan

Published: September 22, 2012, 9:00 AM

Mercedes-Benz grille

Do you drive a Benz? Mercedes-Benz Financial Services Canada has just announced the launch of First Class Insurance, a car insurance plan designed exclusively for Mercedes-Benz drivers.

This comprehensive program will be the first of its kind in Canada, and the only branded auto insurance program sponsored by a luxury automobile finance company.

"The program was designed to protect our customers while providing a high-level of service that is truly commensurate with the Mercedes-Benz brand," says Stefan Karrenbauer, President and CEO of Mercedes-Benz Financial Services Canada.

It was developed by Marsh Canada Limited, a leader in insurance brokering and risk management in Canada, and Aviva Canada Inc., one of the country’s leading property and casualty insurance groups.

"First Class Insurance is a pioneering program that will further differentiate the overall Mercedes-Benz driving experience for our valued customers," says Karrenbauer.

Highlights of the First Class Insurance program include:

• Preferred automobile insurance rates including multi-vehicle discounts

• Repairs performed at a Mercedes-Benz approved collision centres

• Genuine Mercedes-Benz replacement parts

• New car replacement if vehicle is a total loss within the first five years

• Preferred residential insurance rates including multi-policy discounts

The program will be brokered by Marsh Canada Limited and serviced by OIS Ontario Insurance Service Limited and, in Quebec, by Services D’Assurance Youville Inc.

It is underwritten by one or more subsidiary insurance companies of Aviva Canada Inc., which include Scottish & York Insurance Co. Limited, Traders General Insurance Company and Elite Insurance Company

Other products offered by Mercedes-Benz Financial Services include: First Class Lease Protection, First Class Tire & Rim Protection, and First Class Guaranteed Auto Protection.

More information is available at www.mercedes-benz-insurance.ca.