auto premium refunds News

Top Performing Auto Insurers During COVID and What’s Driving Customer Behavior

Spurred by a combination of financial hardship, a decrease in miles driven and a general lack of awareness of the historic relief efforts the industry initiated in 2020, auto insurance customer loyalty has given way to a nationwide surge in …

Michigan Drivers Got Nearly $95M in Premium Refunds in April, May, June

Michigan motorists are being refunded nearly $95 million in car insurance premiums due to a drop in driving and crash claims during the coronavirus pandemic, regulators said. The amount paid back varies by insurer. It typically was 15% to 20% …

Texas Insurer Germania Extending Auto Premium Paybacks Through June

Texas-based farm mutual insurance company, Germania Insurance, is extending its Reduced Driving Payback through June, raising its total reimbursement to policyholders to nearly $9 million in credits. Germania announced its Reduced Driving Payback program in April for personal auto policyholders. …