coronavirus discounts News

Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

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. State Farm and Nationwide late last week joined the …

Canada’s Insurers to Cut Auto Premiums as Drivers Stay Home During COVID-19 Crisis

Insurance Bureau of Canada (IBC), an industry association for Canada’s home, auto and business insurers, on Wednesday said its members would lower costs for auto insurance to reflect reduced driving during the COVID-19 pandemic. Its members, which make up 90% …

Progressive, Travelers, USAA Latest to Offer Insureds Discounts, Other Accommodations

More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive Insurance announced it is providing approximately $1 billion to its drivers …

GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses

More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15 percent credit …