Silicon Valley-based insurance company Go on Monday announced it is seeking approval from state regulators to offer a 50% discount on auto insurance to all essential workers who are on the front lines of the COVID-19 crisis.
Once approved in a given state, the Go Essential Transactions, or GET Program, will provide auto insurance at 50% off of standard premiums for all those who are considered to be on the front lines of the COVID-19 fight, such as those who work in healthcare, police, fire departments, grocery stores, pharmacies, media and banks.
“Once governors and insurance commissioners in each state allow us to offer half off normal rates for these essential workers, we hope that we will be able to provide some much-needed assistance to those helping our nation,” Go CEO and Co-Founder Kevin Pomplun said in a statement.
Go said it is now reaching out to all 50 state insurance commissioners to approve the GET program.
The program would provide these workers a 50% discount on auto insurance rates upon verification of employment in an “Essential Service.”
Examples of these services being provided by Go include: healthcare operations; grocery stores, water retailers; food cultivation including farming, livestock, and fishing; organizations that provide food, shelter, and social services; newspapers, tv, radio, and other media services; gas service stations, auto supply; banks, credit unions, financial institutions, and insurance companies; plumbers, electricians, carpenters; and educational institutions.
Go also said it will seek to work with companies that employ essential workers to offer the 50% discount to their employees.
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