Cincinnati Insurance Companies Offering 15% Discount to Personal Auto Policyholders

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Two property/casualty insurance subsidiaries of Cincinnati Financial Corp., The Cincinnati Insurance Co. and The Cincinnati Casualty Co., are offering a 15% personal lines auto credit for current policyholders.

Personal lines auto policyholders of Cincinnati Insurance and Cincinnati Casualty will receive a 15% credit per policy on their April and May premiums – pending regulatory approval. No action is required by policyholders to receive this discount.

The discounts are in recognition of the reduced driving times brought on by the COVID-19 pandemic. The companies join many other insurers across the country in offering discounts and other accommodations in in response to the current health crisis.

The companies’ other COVID-19 action plans include:

For Policyholders:

Pausing cancellations for personal lines and commercial lines policyholders due to nonpayment of premium and waiving late fees until at least April 30
Waiving restrictions on policyholders now performing delivery services in efforts to protect the wellbeing of their communities
Providing additional risk management advice to businesses considering manufacturing of personal protective equipment
Waiving vacancy clauses for buildings temporarily closed due to the pandemic
Providing credits on commercial policies for vehicles not being used when requested
Conducting virtual claims and risk management inspections where possible, and closely following CDC health guidelines when an in-person meeting is necessary

For Agents:

Delivering meals, purchased from local businesses, to agencies to help support their employees as they work to serve clients in their communities
Transforming training sessions to virtual sessions
Connecting agents for roundtable discussion on how to best serve clients during the COVID-19 outbreak
Using the Cincinnati Customer Care Center to temporarily assist agents as they transitioned their offices to work from home

For Associates:

Moving more than 95% of company associates to work from home
Supplying location-critical associates with sanitization products and offering take-home meals from our food service vendor, limiting the additional number of trips needed
Maintaining full pay for associates who couldn’t do their jobs from home or who were needed to care for family members
Purchasing face coverings for location-critical associates and those who need to meet with policyholders

Source: Cincinnati Financial Corp.