Insurance Carrier Providing Premium Credits during COVID-19

Insurance Carrier Providing Premium Credits during COVID-19

April 13, 2020

During COVID-19 many of us have experienced significant changes to our lives. Whether that is losing a job, taking a pay cut, making your home your permanent office, home schooling your kids, etc. We are lucky to work in an industry that is doing what they can to assist people experiencing financial hardship. Many of our carriers are providing billing assistance to help customer’s during this time and are able to consider the following options:

  • Suspending Cancellation due to non-payment for specific time frames
  • Billing Grace Periods
  • Payment flexibility for future payments

In addition to these options, many of our carriers are providing 15% credits to most insured’s April and May premium bills. Our carriers offering this exceptional service include:

  • Auto Owners
  • Travelers
  • Safeco
  • Nationwide
  • Kemper
  • Liberty Mutual
  • Encompass
  • Infinity Auto

We expect more and more carriers to extend premium credits to customers and we hope that will give much needed relief to the families we help and care for in our business.