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

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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

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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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