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This immediate relief represents about 30 of related auto.
Auto insurance refunds coronavirus erie. Eries announcement comes as many other insurers have previously announced refunds discounts dividends and credits totaling 81 billion as a result of decreased driving due to the coronavirus. The refunds will begin in april and will be issued either by check or in the. Erie insurance announced today it will provide 200 million in dividends directly to personal and commercial auto insurance customers. Erie insurance announced two hundred million dollars in direct dividend payments for car insurance customers on top of a reduction in premiums.
This new relief brings the total effort to four. 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. Insurers response to covid 19. For more covid 19 pandemic coverage visit our instant insights page the coronavirus and its impact related.
Compare car insurance online. How insurance companies are giving back during covid 19. As some auto insurance companies start giving refunds and credits to commuters stuck at home during the coronavirus outbreak theres an easy way drivers with other carriers can catch the same. Allstate says its auto insurance customers will get on average 15 back based on april and may monthly.
Erie insurance announces 200 million in personal and commercial auto rate cuts to provide financial relief to customers.
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