News | November 13, 1998

Daewoo Offering Insurance At Dealerships

Daewoo buyers can now drive away from any of Daewoo's 15 company-owned retail stores in the United States with auto insurance.

The on-site insurance is provided by Insurance Answer Center (IAC), which features more than 50 insurance companies and several hundred auto insurance plans in the United States. Daewoo consumers can obtain insurance from IAC on a 24-hour, seven-day-a-week basis through its Website or by calling a toll-free number.

Daewoo's marketing program includes company-owned retail stores staffed by salaried customer consultants, targeted marketing to college students, three-year/36,000-mile scheduled maintenance with every new car, and now auto insurance referral.

"On-site insurance information and comparative quoting is another customer service that sets Daewoo apart from other auto manufacturers, Tucker added. "Daewoo's global marketing strategy provides us the opportunity to bring unique customer services, such as auto insurance resources, to car buyers at our retail stores throughout the U.S."

In addition to offering IAC access to customers, Daewoo Motor America is also offering the service to its employees in the United States.

Daewoo showrooms have opened in Van Nuys, Huntington Beach, Ontario, San Diego and Oakland, CA; Orlando, Pompano Beach and St. Petersburg, FL; Fairfield, CT; Atlanta; Chicago; Boston; Smithtown, NY; Philadelphia; and Warwick, RI. The company says it plans to have 24 company- owned retail stores up and running by the end of 1998.