Car Insurance Carriers to Reduce Auto Insurance Premiums

Much of the insurance industry recognizes the uncertainty and financial challenges we are facing as our country bands together to slow the spread of COVID-19.    

Mother and daughter sitting with pet dog in living room at home

Part of the response is that auto insurance companies have announced premium reduction plans to help meet policyholder needs during this crisis.  Some of them are calling it a "Staying Home Refund" or a "Stay-at-Home" auto premium credit.  We wanted to give you a breakdown of what you can expect from the car insurance carriers that we represent here at Elliot Whittier Insurance.   

Safety Insurance - 15% premium credit for April and May 

Travelers Insurance - 15% premium credit for April and May 

Safeco Insurance - 15% premium credit on 2 months premium as of 4/7/2020

Mapfre Insurance (Commerce) - 15%  premium credit for April and May 

Norfolk & Dedham -  20% premium credit for April and May

As this is could be an evolving situation, we encourage you to check back for updates, and to check each particular company link for more details.  In most cases, you do not have to take any action as credits or refunds will happen automatically.

In addition, many companies are providing billing relief including suspending cancellation and non-renewal of coverage due to non-payment.  You must contact us for details on this particular relief effort.  

 

What to do Next?

Have us review your insurance policies and check that your limits are sufficient. Ask what the cost is to bump it up under higher limit scenarios.

Call today 617-846-5000 or click here 24/7/365 and we will get back to you same day or the next business day