The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.

Auto insurers will return hundreds of millions of dollars to Americans because of coronavirus

Allstate and American Family Insurance have made discounts on car insurance premiums and will refund some of the money because many drivers do not use their cars, largely due to quarantine aimed at slowing down the spread of coronavirus. Writes about it Fox News.

Photo: Shutterstock

Allstate said most customers can expect a 15% reimbursement in April and May, while American Family Insurance will return $ 50 per car installment.

“We are doing this right now, when our clients are most in need of money,” said American Family Chief Executive Officer Thesis Yancy.

Over the past three weeks of March, American Family customers drove 40% less miles, which led to a decrease in the number of calls to insurers.

On the subject: This virus is not the last: scientists warned of new pandemics due to animals

Allstate valued the return program at $ 600 million, while the American Family said it would return approximately $ 200 million to its customers.

The money will go either to a bank account, to a credit card or to an account with an insurance company, writes USA Today.

“That's true because less driving means fewer accidents,” said Tom Wilson, Allstate chairman, president and CEO.

The company said it would also offer payment facilitation to relevant customers and extend insurance coverage for drivers who use their vehicles to make deliveries.

State Farm said it will decide on premiums by the end of the week. “We are closely following trends in auto insurance and are considering how best to get some of the money back to our customers,” a company spokesman said.

Progressive said it was exploring "how best to return some of the insurance policy money to customers."

Many insurers have also extended grace periods for late payments.

The coronavirus pandemic has left many Americans stuck at home and less likely to travel. A sharp drop in driving has led to a sharp drop in fuel prices over the past month. As of Tuesday, April 7, the national average price for gasoline is $ 1,92. A month ago, the average price was $ 2,40 per gallon (3,8 L).

Read also on ForumDaily:

This virus is not the last: scientists warned of new pandemics due to animals

Disinfection expert named the main mistake when cleaning a house during a pandemic

Half of those infected with coronavirus have no symptoms: why is it bad

How to make a protective mask yourself: a simple step-by-step instruction

Miscellaneous In the U.S. insurance coronavirus Special Projects

Do you want more important and interesting news about life in the USA and immigration to America? Subscribe to our page in Facebook. Choose the "Display Priority" option and read us first. And don't forget to subscribe to ForumDaily Woman and ForumDaily New York - there you will find a lot of interesting and positive information. 



 
1073 requests in 2,345 seconds.