auto insurance discounts News

Judge Permits Suit Alleging Geico Overcharged Drivers During Pandemic

The auto insurer Geico Corp., a unit of Warren Buffett’s Berkshire Hathaway Inc., must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving and fewer accidents, a judge has ruled. In a …

Direct Auto Insurance of Tennessee to Give 15% Credit on April Auto Policies

Direct Auto Insurance affiliates will give personal auto insurance policyholders a 15% credit on their April premiums in an effort to assist customers impacted by COVID-19. Policyholders do not have to take any action to receive the credit. The credit …

Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis

The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most discounts are for personal lines auto customers, however …

Analysts See Auto Insurers’ Coronavirus Rebates As a Solid Short-Term Move

Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers issuing between $8 billion and $10.5 billion in customer …

Loyalty to Insurer Doesn’t Always Pay Off for Drivers

When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for his disloyalty after nine years? With savings of …

Esurance and Walmart Team Up for Auto Insurance Discount Program

Esurance is launching a pilot program offering auto insurance discounts to customers at select Walmart stores in Illinois. Through the pilot program, drivers may obtain a savings card from Esurance kiosks located in approximately 150 Walmart stores in the state. …