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.
North Carolina Adjuster and Son Charged With Embezzlement in Roof Jobs 
AIG Sues Newly Launched Dellwood Insurance and Its Founders 
Trump’s Bond Insurer Tells Judge Shortfall Is ‘Inconceivable’ 
Grand Jury Indicts ‘Hole in Won’ Owner on Prize Insurance Fraud Charges 
