Texas Insurer Germania Extending Auto Premium Paybacks Through June

May 22, 2020

Texas-based farm mutual insurance company, Germania Insurance, is extending its Reduced Driving Payback through June, raising its total reimbursement to policyholders to nearly $9 million in credits.

Germania announced its Reduced Driving Payback program in April for personal auto policyholders. Payments of $25 have been issued to each personal auto policy during April and again in May if the policy was in effect as of the prior month end.

An additional $25 credit will be returned for each personal auto policy in June that was in effect as of May 31, 2020.

Germania will automatically deposit the $25 credit to the account of each eligible policy, reducing the current balance due. For accounts paid in full, a refund check will be issued and mailed.

The payment process will be automatic, and no action is required by Germania policyholders to receive these credits.

In addition to the Reduced Driving Payback, Germania will continue to waive installment fees for all customers and modify its claims process to accommodate the growing number of vehicles being utilized for delivery purposes.

Both of these adjustments will be implemented through the end of June.

Founded in 1896, Germania Insurance provides auto, property, and life insurance.

Source: Germania Insurance

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