With a number of carriers increasing the credit they are giving on their policies, U.S.auto insurers will return over $14 billion to their customers nationwide in response to reduced driving during the pandemic, according to an Insurance Information Institute (Triple-I) estimate.In May, Triple-I that insurers would return more than $10 billion.
Since then a number of carriers have disbursed additional funds, including AAA insurers, , American Family, , State Farm, , Travelers and .Auto insurers are giving refunds to their customers as people are driving less due to coronavirus shut-downs.No action is required by customers to receive credit in most cases, but to learn more, contact your auto insurer.
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