Hartford Financial Services Group Inc. said Friday that it had begun offering 12-month policy terms on its Dimensions personal auto insurance program, which is available through its network of independent agents.
Many auto insurance policies are offered on a six-month basis, the Connecticut insurer noted, so that rates can sometimes change within the course of a year.
New customers in 20 states and the District of Columbia are to be eligible to buy the year-long policy if they also insure their homes with a companion Dimensions homeowners policy, or plan to do so within six months of obtaining their auto insurance. The offering includes a premium discount on both policies.
Hartford, a financial services and insurance company, had revenues last year of $27.1 billion.
