Coronavirus Car Insurance Rebates for the Road Less Traveled
The coronavirus pandemic has torpedoed the economy, our health care system and our everyday lives, but here's some good news: There's a good chance you'll pay less for your car insurance.
With fewer drivers on the road,, which writes policies mainly in the Midwest, was the first insurer to act, offering one-time $50 refunds for each insured vehicle. Since then, all of the major auto insurers have offered some form of relief. And more discounts could be coming if millions of Americans continue to work from home and avoid non-essential travel. A study by the , an advocacy group, and the , an insurance, credit and utilities advocacy group, concluded that the relief offered so far is insufficient given the likely drop in insurance claims.
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