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  Home > Media Center > Press Releases > 2003 > INA Signs on as Official Insurance Sponsor of Hot Rod Power Tour
  Press Release
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INA Signs on as Official Insurance Sponsor of Hot Rod Power Tour
PHILADELPHIA, USAMay 29, 2003

When the 2003 Hot Rod Power Tour kicks off in the "Music City" of Nashville, Tenn., Insurance Group of North America (INA), the consumer marketing and underwriting division of ACE INA, will become the first insurance sponsor of this popular auto industry event. Organized by Hot Rod Magazine, the tour is an eight-day, seven-city trek, beginning in Nashville on May 30 and ending in Fort Worth, Texas, on June 6. This year, the event is expected to draw more than 200,000 spectators to watch more than 600 car enthusiasts who are expected to complete the entire 1,200 mile course.

Through its sponsorship, INA will have the title of Official Insurance Company of the 2003 Hot Rod Power Tour. INA is also the Kick-Off Night Sponsor and will be linked with a number of major activities on the first night of the tour.

"We are thrilled about being the Official Insurance Company of this year’s Hot Rod Power Tour. It will be exciting to be part of a 600-car caravan as it winds through America’s Bayou States," said Kurt R. Schwamberger, President of Consumer Solutions Group, a division of ACE INA. "As we stop at venues along the way, we encourage car enthusiasts to come out and visit the tour, and to stop by our booth to ‘kick our tires’ and see how their current collector car coverage measures up to what we offer."

Those participating or visiting the INA booth at each tour stop can enter to win a custom car cover and other items in the "INA – Hot Rod Power Tour Contest." Entry forms can be obtained and submitted at the INA booth. Winners will be randomly drawn each night of the tour.

"Collector cars - from antiques and classic cars to street rods, hot rods and exotics – have specific and unique insurance needs that standard auto policies can’t meet," added Schwamberger. "In designing our collector car coverage, INA set out to create one of the most flexible, well-tailored policies in the market and at a competitive cost."

With INA Collector Car Insurance, car owners can:

  • Insure one car or a whole collection, all under one policy and with one premium
  • Select from a range of coverages
  • Select the method and frequency of premium payment
  • Insure their car without strict mileage limitations
  • Select a zero deductible
  • Select the towing option preferred (including flatbed towing)
  • Receive coverage for their custom paint job is covered
  • Insure excess sound equipment
  • Receive an agreed-value for the total loss of your vehicle, or replacement cost for a partial loss

Admission to each tour venue is free to the public. The tour route will include stops in:

May 30 Nashville, TN at the Gaylord Opryland Resort

June 1 Memphis, TN at the Desoto Civic Center

June 2 Jackson, MS at the Fairgrounds and Coliseum

June 3 New Orleans, LA at the Fairgrounds Racecourse

June 4 Lake Charles, LA at the Lake Charles Civic Center

June 5 Shreveport, LA at the Red River Raceway

June 6 Ft. Worth, TX at the Ball Park in Arlington

INA, Insurance Group of North America, is the consumer marketing and underwriting division of ACE INA. Policies are underwritten by ACE American Insurance Company, a member of the ACE Group of Companies, rated A (Excellent) by A.M. Best Company and A+ (Strong) by Standard & Poor’s, headed by ACE Limited (NYSE: ACE). ACE INA is a leading provider of property and casualty products and services to a broad range of domestic and international businesses.


Contact Information
Media Contact:
Carol Gosser
(215) 640-4759
carol.gosser@ace-ina.com

     
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