Insurance Giveback 15%

[DanH]

GEICO just sent me an email with the details of a 15% giveback due to coronavirus impact on driving/riding.

[randyo]

that is the only time I have heard of actually saving the 15% that Geico claims on their ads

[big blue]

Allstate started the ball rolling on this and several others are going to do it. If we're not driving as much we SHOULD get a discount!

[Stig / Major Tom]

Folks around here should get a rebate on sneakers - never seen so many people walking in my State park!
It's embarrassing to see so many Americans exercising.
And my daughter noticed that they don't have their noses in a cell phone!

Hope the folks across the pond don't hear about this. We've spent decades cultivating our image....

Stig

[Neil955i]

Folks around here should get a rebate on sneakers - never seen so many people walking in my State park!
It's embarrassing to see so many Americans exercising.
And my daughter noticed that they don't have their noses in a cell phone!

Hope the folks across the pond don't hear about this. We've spent decades cultivating our image....

Stig

That reminds me of my first visit to Phoenix Az back in the day. Staying at a mid price Motel on the outskirts and went out for a walk to clear the jet lag. Wot? No pavements? (Sidewalks) Couldn’t believe it.


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[randyo]

Allstate started the ball rolling on this and several others are going to do it. If we're not driving as much we SHOULD get a discount!

they should, when I compared Allstate, their premiums were double what I pay

[DanH]

According to the Chicago Tribune:

• State Farm, a mutual insurer owned by its policyholders, will give customers a $2 billion rebate. Most policyholders will get a 25% credit for the weeks between March 30 and May 31, the Bloomington-based insurer said. State Farm said the percentage awarded will vary by state.
  
  Geico will give back about $2.5 billion to its auto and motorcycle customers. The company will issue a 15% credit as those policies come up for renewal between April 8 and Oct. 7. The credit also applies to new policies purchased with Geico during that time period.
  
  Progressive Insurance will offer its personal auto policyholders a 20% credit for their April and May premiums, totaling about $1 billion. Customers can expect those credits to be automatically applied to their accounts in May and June.
  
  Allstate will return about $600 million to its customers, which most policyholders will get back in the form of a roughly 15% credit on their premiums in April and May. Customers will receive the rebate through a credit to their bank account, credit card or on their Allstate account.
  
  USAA, a member-owned association will return $520 million to its members. Policyholders will receive a 20% credit on two months of premiums.
  
  Liberty Mutual will return about $250 million to personal auto insurance customers in the form of a 15% refund on two months of their annual premiums. The refunds will begin in April.
  
  American Family Insurance will return about $200 million to policyholders. The insurer will return $50 for each vehicle insured.
  
  The Hartford, which has an exclusive agreement with AARP to sell auto and home insurance products to its members, will give back about $50 million to auto customers in the next couple of months. Most customers will receive a 15% refund on their April and May premiums.
  
  Farmers Insurance and its 21st Century Insurance said customers will receive a 25% reduction in April premiums.
  
  Nationwide will offer a one-time premium refund of $50 for each each insured vehicle. Customers will receive a refund in the next 30 days to their most recent method of payment.
  
  Travelers will give its auto insurance customers a 15% credit on their April and may premiums.
  
  The Hanover Insurance Group will return 15% of April and May auto premiums to customers, totaling about $30 million in refunds.
  
  MetLife will give its customers a 15% credit for April and May premiums.

[Stig / Major Tom]

Sheee-oooot.
Don't see my local insurer listed!
And when I call his live-bait shop - no one answers.

Stig

[randyo]

I wonder how much I'll get from progressive.. no monthly payments, the annual premium is so low it's not worth the hassle of writing more than one check $259 for 3 vehicles(v-strom 1k/kpipe & uxv450i) full coverage 250k/500k/100k liability & UM, acv on comprehensive and 100 deductible on collision 5k on accessories

$8.63 would be 20% of 2 months worth