[QUOTE=Adam Wartell]I am considering implementing a new benefit for members of C3VR and, as usual, would like some feedback regarding it.
The benefit: Up to $500 of insurance deductible reimbursement for a stolen C3.
The details: Each member would be eligible to receive up to $500 of reimbursement per membership year for a stolen C3 owned by that member. Proof in the form of insurance declarations page and police report would need to be supplied. Maximum one incident per membership year.
Feeback Questions for all of you:
- Do you feel this would be a valuable benefit for you?
- Would this increase the likelihood of you renewing your current membership when the time comes (for standard and gold)?
- Do you think this would attract new members?
- Would you be willing to pay $5 more per year knowing that you'd be getting this benefit?
- For current lifetime members: Would you be interested in paying $5/year as an optional add-on to your current benefits?
Thanks!
[/QUOTE]
Here's my thoughts -
1. Not for me personally. I have the vette insured through Hagerty with zero deductible.
2. Lifetime member - N/A
3. Yes.
4. It has potential. I would offer it at a slightly higher price for standard members than for gold members. That will help entice a standard member to upgrade to gold. Growing recurring revenue is the goal here.
5.I wouldn't, but it could be very good for those that don't have a deductible policy.
To sum up, although not for me, I think it could be a good add-on to help grow the membership and entice membership upgrades.