Sallie Mae Insurance Services is a service of Next Generation Insurance Group LLC, a licensed insurance producer. For insurance licensing information, click here.
Sallie Mae, Inc. is not a licensed insurance producer or insurance carrier. Insurance programs offered through Next Generation Insurance Group are underwritten by authorized insurance carriers. All insurance is subject to the terms and conditions of the actual policy purchased and will contain reductions, limitations, exclusions and termination provisions. Coverage may not be available in all states.
If your new car is totaled in a covered loss within its first year or 15,000 miles, whichever comes first, it would be repaired or replaced with a brand new auto with no deduction for depreciation. Does not apply to substitute auto, an auto you do not own, or a vehicle leased for six months or more. Vehicle must be previously untitled to qualify. Policy must include physical damage coverage. See policy for restrictions. A deductible may apply. Not available in NC.
If items such as your tires, batteries, steering or electrical wiring or brake parts were damaged in a covered loss and needed to be replaced, they would be replaced with no deduction for depreciation. This coverage does not apply to theft of tires or batteries, unless the entire vehicle were stolen (subject to deductible). Policy must include physical damage coverage. See policy for restrictions. Not available in NC.
MetLife Auto & Home is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates: Economy Preferred Insurance Company, Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Insurance Company (CA Certificate of Authority: 6730; Warwick, RI), Metropolitan General Insurance Company, Metropolitan Group Property and Casualty Insurance Company (CA COA: 6393; Warwick, RI), and Metropolitan Lloyds Insurance Company of Texas, all with administrative home offices in Warwick, RI. Coverage, rates, and discounts are available in most states to those who qualify.
Sallie Mae is in no way responsible for the insurance provided through this program. This choice program is not currently available in Massachusetts. The carriers providing coverage through this program operate independently and are not responsible for each other's financial obligations. No legal partnership or joint venture exists between the parties.
WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
CHECK SALLIEMAE.COM FOR THE MOST UP-TO-DATE PRODUCT INFORMATION.
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