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Auto Insurance Companies Return Millions in Premiums

April 27, 2020 in Industry News

How does getting a percentage of your auto insurance premium back sound? Well, you may be in luck. As millions of Americans stay at home and drive less due to the current COVID-19 pandemic shutdown, many of the nation’s auto insurance companies have agreed there is no reason to ask people to pay the normal rates when fewer people are driving. Many of these insurance companies are offering a partial premium refund to help their customers save some money during this challenging time. Below, we list several of the large insurance companies and the way they are helping customers during this time.

Allstate

Allstate customers will receive a 15-percent refund in cash or credit toward future purchases for April and May. Click here to learn more.

American Family Insurance

The average relief check will topple $100 from American Family Insurance. The company is providing customers a one-time, $50 payment per vehicle under a personal auto insurance policy. Visit here to learn more.

Liberty Mutual

Liberty Mutual is pausing late fees and non-payment cancellations. Car owners who have a policy with Liberty Mutual or Safeco will receive a 15-percent refund on two months of their premiums. Click here for more information. 

Progressive

Progressive is waiving late fees and non-payment cancellations through May 15. Policyholders are also getting a 20-percent credit in April and May. To see the “Apron Relief Program” information, click here.

State Farm

State farm is giving their policyholders a 25 percent credit on insurance premiums for the period between March 20 and May 31. To learn more about the “Good Neighbor Relief Program,” visit here.

USAA

USAA is returning $520 million to customers. Members with auto insurance policies will get a 20-percent credit for two months of coverage. Moreover, the company will halt late fees and non-payment cancellations. For more information on how USAA is helping their customers, visit here.

If you are wondering if your insurance company is offering a premium discount or refund check, the easiest way to find out is to call your agent or visit the website of your insurance company. With the decrease of traffic on the road, the insurance companies doing good for their customers is commendable.

About A.U.T.O Collision Utah

If you are in need of an accurate collision repair estimate, the first time, visit A.U.T.O Collision in Sandy, Utah! Our I-CAR® trained and certified technicians are ready to help our customers in their time of need.

For helpful advice or to learn more about our collision services, contact A.U.T.O. Collision at 801.568.0305 or visit the shop at 215 West 9210 South, Sandy, Utah 84070. We are here to serve you Monday – Friday, 8am – 5:30pm.

AUTO Collision is here in your time of need. No one wants to go through more hassle after an accident. Schedule an Appointment and we’ll help you through the repair process.

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