Because most people are staying at home due to the coronavirus, some auto insurance companies are offering premium refunds due to nobody being on the road right now. While you have time at home, you should check to see if your insurance provider is offering you something. Most people who will receive a refund won’t have to do anything, but it’s always good to check. Read on for more information about how to make sure that you receive what you deserve.
- Since auto accident rates are dropping by up to 50%, insurance companies do not have as many expenses, leaving them the opportunity to provide their policyholders with refunds.
- Customers do not have to do anything to receive the refund, but they should be aware of any scammers who may be posing as an insurance representative from their agency.
- Major companies that are sending out refunds include: All State, Travelers, American Family, Geico, and more.
“Most Americans are still sheltering in place due to local and state orders surrounding the Coronavirus outbreak.”