Car Insurance During Covid 19 Geico
Geico will offer about 2 5 billion of credits to its 19 million auto and motorcycle policyholders reflecting the decline in driving and therefore car crashes stemming from the coronavirus pandemic.
Car insurance during covid 19 geico. Updated may 18 2020. Save more with a 15 policy credit for new and existing customers. We re in this together. About 36 5 million people filed for unemployment over the last eight weeks as of may 14 2020.
Read more call us at 888 532 5433 to make changes to your life insurance policy. Here s what you need to know. Geico whose headquarters are in chevy chase maryland is giving a 15 percent credit on up to six months of premiums for customers who renew or buy motor vehicle policies between april 8 and oct. Car insurance during covid 19.
The refunds will total about 2 5 billion according to geico a subsidiary of holding company berkshire hathaway which is considered the. Geico state farm progressive and others are offering car insurance relief to customers amid the covid 19 outbreak. To help provide support during the coronavirus covid 19 we ve committed to providing approximately 2 5 billion through policy credits to our auto motorcycle and rv policyholders. Geico usaa liberty mutual and allstate are among the insurers offering refunds to car insurance policyholders driving less due to the coronavirus.
The company was founded in 1936 and insures more than 28 million vehicles. With just a few clicks you can access the geico insurance agency partner your boat insurance policy is with to find your policy service options and contact information. Discounts rebates and refunds by janet berry johnson cpa on april 17 2020 unless you work in an essential business you re probably spending a lot less time on the road whether you use your personal vehicle for business or have a dedicated work vehicle. Geico which stands for government employees insurance company is the second largest auto insurer in the united states.
7 insurance companies giving refunds during the covid 19 pandemic. On average the credit will be 150.
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