Auto Insurance Companies Refunding Money
The two insurers were the first major.
Auto insurance companies refunding money. Allstate and american family insurance have begun discounting car insurance premiums. More companies may join the bandwagon and the specifics vary from one provider to another so be sure to check with an insurer s website or your insurance agent for further details. Money 7 auto insurance companies refunding or crediting premiums see the list. Several companies that initially announced the givebacks for april and may extended them to june but now all but a handful have ended the refunds.
Coronavirus car insurance refunds. Updated apr 13 2020. Allstate insurance company will give personal auto insurance customers a 15 credit on. As a result some companies are refunding money normally paid out in claims back to their policyholders.
Which companies are refunding money due to covid 19. These car insurance companies are going to refund a portion of premiums since no one is driving insurance companies have figured out no one is getting into car accidents either. Now more than 82 of auto insurance companies like state farm geico and liberty mutual are offering policyholders refunds and credits to save money totaling more than 6 5 billion over the next. Allstate insurance announced shelter in place payback which translates into a 15 refund of.
Getty allstate payback. Auto insurance companies have been announcing plans to either reduce the cost of premiums during the span of. Posted apr 13 2020 alabama state route 59 is often bustling with motorists. Auto insurers refunding millions due to stay at home policies.
Allstate the nation s fourth largest auto insurer refunded 15 percent of customers monthly premiums in april may and june. Here s what some of the biggest auto insurers did.
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