Irving, Texas-based managing general agent specializing in low cost auto insurance, Bluefire Insurance, said it will provide approximately $2.7 million dollars in rate relief to assist policyholders with financial hardships in Louisiana.
In response to the turbulent times brought on by COVID-19, Bluefire announced a temporary rate reduction of 10% on renewal policies, effective May 15 through Nov. 14, 2020.
In addition, Bluefire is offering a 10% reduction to new policies issued from May 15 through Aug. 15, 2020. Bluefire’s rate reduction is aimed at decreasing insurance costs for the entire six-month policy term, not just for a few months.
Source: Bluefire Insurance
Related:
Topics Auto Louisiana New Markets
Was this article valuable?
Here are more articles you may enjoy.
Experian Launches Insurance Marketplace App on ChatGPT 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
Kansas Man Sentenced for Insurance Fraud, Forgery 
