Car Insurance Refunds

Picture from Wallup

As cities go into lockdown, fewer and fewer cars are on the road, resulting in a greatly reduced need for car insurance. But, one may ask, what about the money I paid for insurance? Auto insurance companies, including Admiral in the UK and State Farm in the US, are actually refunding customers! Though they were in no way required to, these insurance companies understand that many people have already paid for a service that has become obsolete. In fact, insurers are offering payment holidays for those who are struggling to make payments. Admiral has additionally announced that they would waive any excess fees for emergency service workers and would provide a free courtesy vehicle if their vehicle was stolen or unsuitable to drive after an accident. Organizations and individuals in every area are finding ways to help out, ways we would never have expected.

Check out more at: https://www.theguardian.com/money/2020/apr/21/admiral-car-insurance-refunds-coronavirus-lockdown-claims?CMP=share_btn_tw

and https://www.marketwatch.com/story/some-auto-insurers-are-giving-refunds-because-of-the-coronavirus-outbeak-heres-how-you-can-get-a-break-too-2020-04-09

Have any ideas for a positive event? Leave a comment. We would love to hear your suggestions!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: