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New York (CNN Business)Two insurers -- Allstate and American Family Insurance -- announced Monday they will give back about $800 million to their auto insurance customers because people are driving far less during the coronavirus crisis.
companies return $800 million in premiums because no one is driving
USAA should as well!
@COL Jack C and @Navy7813, we continue to look at the impacts of the stay at home / shelter in place orders are having on our members and we are working on ways to help.
I agree, it makes sense to provide discounts on member's auto insurance for cars that are being used less. By the way, regarding the rebates, dividends, etc., we rec'd a $30 dividend last year on our homeowners, auto, life & personal property portfolio with USAA, not impressive.