Auto Insurers Returning $8 Billion in Premiums In Coronavirus Relief Effort
April 14, 2020
Top auto insurers are offering auto insurance premium discounts as people are driving less during the coronavirus pandemic. State Farm and Nationwide joined the ranks of other insurers such as Geico, Progressive, Allstate, Liberty Mutual, USAA, Farmers, Travelers, and American Family, who had already started to provide relief last week. According to the Insurance Information Institute (III), these and other auto insurers have announced refunds, discounts, dividends and credits totaling $8.1 billion. III estimates the total will reach $10.5 billion as more auto insurers announce their offers.
Click here for a listing of insurers and a summary of their discounts and other offerings to date.
