Liberty Mutual Addresses Teachers' Unique Needs With Customized Car Insurance Policy

BOSTON, Aug. 3, 2009 -- Liberty Mutual, the nation's eighth largest car and home insurer, announced its customized car insurance policy for full-time teachers and school administrators is now available in 42 states and the District of Columbia. The no-cost teachers' auto policy endorsement protects the school supplies and equipment they often buy with their own money and transport or store in their cars.

"Recognizing the responsibility and personal investment that our teachers make in their students, we are addressing their unique insurance needs without further stretching their tight budgets," said Greg Gordon, Liberty Mutual senior vice president, Consumer Marketing. "Teachers' cars often double as their office, so protecting their work-related contents in their car can be just as important as protecting the car itself."

For most teachers, that out-of-pocket investment is significant. During the 2007-08 school year, the average teacher spent nearly $400 of his or her own money on classroom supplies. That burden is double for first-year teachers, who spent nearly $800 on average, according to a recent study by the National School Supply and Equipment Association.

The Liberty Mutual customized car insurance policy provides the following features at no additional cost:

  --  Personal Property Coverage: Educational materials or school-owned
      property stolen from or damaged in the teacher's car are covered at
      actual cash value up to $2,500, with a $50 deductible.
  --  A Comprehensive Deductible Waiver: The comprehensive deductible is
      fully waived if the car is vandalized while parked at the school or at
      a school-sponsored function.

  --  A Collision Deductible Waiver: The collision deductible is fully
      waived if a covered crash loss occurs while traveling on school
      business (collision deductible is reduced to $100 in Pennsylvania).

Teachers and administrators who are members of one of Liberty Mutual's more than 12,000 affinity groups -- including more than 1,200 educational partners -- also could qualify for an additional discount. To learn about the new teachers' car insurance policy or discount eligibility, contact any local Liberty Mutual office by calling 1-888-823-5644.

In addition to addressing teachers' special insurance needs, Liberty Mutual also created Learn Return, a program providing resources to help teachers achieve their professional development goals and requirements. Through an exclusive collaboration with Pearson, the global leader in education publishing, teachers can receive a 15 percent discount on more than 100 graduate courses in over 15 content fields. Teachers also can apply for one of several Liberty Mutual Learn Return scholarships for a fully funded master's degree program through Pearson's educational partners. To learn more about these professional development opportunities, teachers can log onto www.libertymutual.com/teachers.

About Liberty Mutual Group

''Helping people live safer, more secure lives'' since 1912, Boston-based Liberty Mutual Group (LibertyMutualGroup.com) is a diversified global insurer and fifth-largest property and casualty insurer in the U.S. based on 2008 direct written premium. Liberty Mutual Group ranks 86th on the Fortune 500 list of largest U.S. corporations, based on 2008 revenue. The company has over 45,000 employees located in more than 900 offices throughout the world.

The eighth-largest auto and home insurer in the U.S., Liberty Mutual (LibertyMutual.com) sells full lines of coverage for automobile, homeowners, valuable possessions, personal liability, and individual life insurance. The company is an industry leader in affinity partnerships, offering car and home insurance to employees and members of more than 12,000 companies, credit unions, professional associations and alumni groups.