More than 2 million Alabamians will receive money or rebates from auto insurance providers as individuals
are driving less due to the coronavirus stay-at-home order.
Gov. Kay Ivey revealed Friday the returns total up to more than$100 million to date. Many significant insurance coverage service providers revealed last month they would be returning cash as the total number of miles took a trip dropped more than half nationwide as people remained at house. The technique and amounts of the refunds differs by business with some returning funds to people and others providing discounts used to the next bill.
Participating business include State Farm, Geico, Allstate, USAA, Progressive, Travelers, Nationwide, Farmers and more. You can see a complete list of business and the quantities they are rebating here.
Ivey praised the insurers for using the refunds.
“I wish to thank auto insurer for stepping up to the plate throughout this tough time and supporting their insurance policy holders. Here in Alabama, the financial effect is higher than $100 million in payments went back to the pockets of consumers at a time when it is severely needed.”
She likewise encouraged other business to follow suit.”The list consists of many of the top automobile insurance providers running in our state. It is my hope that all the others will follow suit, giving required aid to their insurance policy holders in this time of crisis induced by the ongoing COVID-19 pandemic,”she said.Source: al.com