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Officials with the car insurance company say theyll give a 15 percent credit to approximately 18 million policyholders who renew between april 8th and october 7th.
Auto insurance refund geico coronavirus. The auto club stated that every policyholder with auto insurance in effect from march 16 2020 to may 15 2020 will receive a 20 policy refund check for this period. Auto insurers are giving covid 19 refundsheres how much youll get by sissi cao 041120 800am cars drive on the a8 motorway on the first saturday of the easter holidays. 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 65 billion over the next. Geico usaa liberty mutual and allstate are among the insurers offering refunds to car insurance policyholders driving less due to the coronavirus.
April 25 2020 at 258 pm. Auto insurance companies including allstate geico and liberty mutual said they will give policyholders millions of dollars back because americans are driving less during the coronavirus pandemic. Geico will offer about 25 billion of credits to its 19 million auto and motorcycle policyholders reflecting the decline in driving and therefore car crashes stemming from the coronavirus pandemic. This is estimated to add.
Allstate is giving all of its customers with a personal auto insurance plan 15 of their premium back as a refund based on the premium amount for april and may. To help provide support during covid 19 were giving our auto motorcycle and rv policyholders a 15 credit on your next 6 month or 12 month policy term. On average customers can expect about 150 per auto policy without having to do anything.
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