Auto insurance companies returning $800M in premiums during COVID-19

📆 08-04-20 03:30:00
📰 YahooNews

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Two auto insurance giants announced they are returning a total of $800 million in premiums to customers during the novel coronavirus pandemic, saying people are driving less and they are experiencing fewer claims

Tom Wilson, the president and CEO of Allstate, called the move"fair" as less people are driving amid government-mandated stay-at-home orders.

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StateFarm any plan to follow suit?

If they had a model like Metromile they would not have to worry about it!

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