Free Third-party Liability Insurance from Renault Leasing

Clients of Renault Leasing CZ, a brand leasing company offering financing of purchases of automobiles of Renault and Dacia makes, have been offered their third-party liability insurance for free for the entire term of their contracts; this offer is valid commencing on 15 November and until the end of the year.

Prague, 13 November 2007

Renault Leasing CZ introduced an incredible offer on the market commencing as of 15 November. Its clients can have their third-party liability insurance FOR FREE for the entire term of their contracts, if they opt for any offer of financing of the purchase of their new passenger or utility automobiles of Renault or Dacia makes. Those clients, who would make use of the preferential price package of insurance products known as “Kasko Max”, which is offered by the insurance company UNIQA, would save themselves more than ten thousand crowns thanks to their free third party liability insurance.

Along with the free third-party liability insurance, clients are entitled to take out comprehensive car insurance with an excess of either 10 per cent or 5 per cent, as well as ‘GAP’ insurance (insurance of the difference between what one would owe on a vehicle and what an insurance company values it at in case of its theft or total write-off) for attractive rates, all of that for the entire duration of their financing contracts. Of course, premiums payable for the comprehensive car insurance and the GAP insurance may be included in their monthly instalments. The benefit for clients who make use of this option would be counted in thousands of Czech crowns. For example, clients who purchase a Renault Thalia or a Dacia Logan would save as much as CZK 12,000 over three years, and even as much as close to CZK 20,000 if the duration of their financing contracts extends to five years.

“This attractive package is intended to relieve clients of their fears of growing third-party liability insurance premium rates. The overwhelming majority of those insurers who are active on the Czech market have announced year-on-year increases of their rates for that product by approximately 5 - 6 per cent”, Mr Zdeněk Jiroutek, Marketing Manager of Renault Leasing CZ, explains. “Clients are absolutely free to select their desired model of automobile as well as the manner of financing the purchase of their new car. The benefit of free third-party liability insurance and attractive rates for KASKO and GAP insurances would remain in place irrespective of whether the clients pick up any of those special offers or the standard rates of financing from Renault Leasing, and/or any of the models of the Renault or the Dacia makes”, Mr Zdeněk Jiroutek adds on account of the terms and conditions of the free insurance on offer.

The supply from Renault Leasing CZ covers a broad range of variants of financing. They include financial leasing as well as loans with maturities extending from 6 to 84 months, with an option of advance payments as low as zero per cent Nowadays, there always is the possibility of opting for the package of insurance benefits, including free third-party liability insurance.

The GAP insurance represents a new product in the offer of the company. The insurance covers the difference between the acquisition price of a vehicle and its general value determined by the insurance company for the purposes of compensation in the event of a total write-off or theft of the vehicle.

The offer is limited in time. It applies to contracts, executed between 15 November and 31 December 2007.

Details on the product can be obtained from all partners of Renault and Dacia or on the web site: www.renaultleasing.cz.