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Posted by jack452 on April 24, 2024 at 8:17pm 0 Comments 0 Likes
Posted by jack452 on April 24, 2024 at 8:16pm 0 Comments 0 Likes
Last year brought up too much disaster with it. With the advent of the COVID19 pandemic, businesses faced huge losses. Even well-established businesses are suffering from financial issues. But thanks to the auto insurance companies, who have provided money back during the COVID-10 times. Many auto insurance South Carolina-based companies have helped the clients during the Pandemic period. Nothing is better than that if you have the support of reliable and trustworthy insurance companies. Well, here we list the best Auto Insurance Companies that Gave Money Back During COVID-19.
Farmers Insurance
Farmers Insurance has offered to decrease its customers' April auto insurance premiums by 25%.On the Framers branded and 21st Century branded policies, farmers have reduced the auto insurance premiums by 25%. Here the customer got the discount already on their billing statement as a credit.
Allstate
Allstate has provided more than $600 million in the April and May month under the “'Shelter-in-Place Payback'. On average the company has provided 15% money-back depending upon the monthly premium during April and May 2020.
Allstate planned to consequently store cashback via the payment method of clients either their portable application, because of the client's preferences.
GEICO
Geico offered better auto insurance refunds to the clients. The credit of 15% was given to policyholders of auto as well as a motorcycle. The policy renewed dates were anywhere between April 8 and Oct. 7, 2020.
Nationwide
Due to Covid Pandemic, Nationwide has given its workers as well as every individual who has applied a policy with their organization to provide them a refund value of $50 per strategy as of March 31, 2020. According to the company
, The refund provided is similar to 15% of the average bill for the two months.
Liberty Mutual
The amount of refund by Liberty Mutual is almost $250 million and it was announced under personal Auto Customer Relief Refund. The organization provided a 15% refund on personal auto insurance clients on two months of their auto premium, in light of the top-notch sum as of April 7, 2020. At that time, the discount was meant to happen automatically and reflected in the payment option or with a check.
Progressive
Progressive has provided 20 percent credit in April and May to those who have personal insurance for their autos. Talking about New York, the credits were applicable in May and June.
USAA
USAA has announced to give additional replies based on mitigation in the driver's rate due to the COVID19 pandemic. During covid times, it provided $520 million to its members. The auto insurer member got a credit on two months of premium.
State Farm
State Farm mitigated the driving claims trends due to COVID and declared the Good Neighbour Relief Program. This program aims to provide credit to the customers of auto insurance. Another announcement amid COVID times is the cutting of Auto Rates in every state. Also in September, the company reduced the premiums of business owners in a country with an average of around 7 %.
Velox Insurance
Velox is one of the best auto insurance companies in Georgia having seventeen years of experience in the insurance industry. It has provided liabilities coverage during the pandemic period. Also, it covered the collision as well as physical damage coverage during April-May 2020.
Final Words
Choosing the best commercial auto insurance can benefit you a lot. Many auto insurance companies in Georgia are so transparent and reliable in their services. They assure you to provide affordable auto insurance services.
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