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Auto Insurers giving back $$ -- less driving b/c of virus

Discussion in 'Fred's House of Pancakes' started by cyberpriusII, Apr 6, 2020.

  1. cyberpriusII

    cyberpriusII Prodigyplace says I'm Super Kris

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  2. bisco

    bisco cookie crumbler

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    that would be about a hundred bucks for us, if we had allstate
     
  3. Mendel Leisk

    Mendel Leisk Senior Member

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    We've got something now with ICBC (crown corp. insurer in BC): if you drive under 5K kms per year, you get a 10% discount. First heard about it last November when we renewed, but didn't pursue it further, considering we're something like 7~8K. Kinda kicking myself now:

    Even if you exceed 5K, doesn't hurt to try: they make a record of your odo reading when you renew (dated cell phone pic I've heard suffices, I've heard), then next year repeat the process.
     
  4. bisco

    bisco cookie crumbler

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    we have that. they ask the mileage each year, no proof necessary
     
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  5. hill

    hill High Fiber Member

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    Guess it may be worth it - to call our agent at State farm - see if they'll drop our car rates .... tho we had to fight them long & hard, after our renters did THIS to our Nashville rental - a couple years ago;

    [​IMG]

    When we retire in a couple years - this was supposed to be the place.
    Thanks a lot State Farm . . .
    Like a good neighbor?
    me thinks not.

    EDIT:
    Not to leave it too negative, the replacement house nearly new, just a few miles down the road has built-in sprinklers.
    [​IMG]
    Lessoned learned
    I see Allstate (to get back on topic) corporate is forcing their agents nationally to take a heafty cut to make ends meet - so they're not too happy, down in the trenches
    .
     
    #5 hill, Apr 6, 2020
    Last edited: Apr 6, 2020
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  6. Mendel Leisk

    Mendel Leisk Senior Member

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  7. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    +1

    My CFO reports that our rates dropped a bit.
    I'm not looking for a bonanza since we already pay fairly low rates.
     
  8. Salamander_King

    Salamander_King Senior Member

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    I just received an email from GEICO. 15% credit will be applied to any renewal or new policy purchase made between April - October. This is for all current and new policyholders.
     
  9. The Electric Me

    The Electric Me Go Speed Go!

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    I think this is great.
    Anything we can do to make things a little easier during a trying time. Getting a help on your auto insurance would be nice.
    That being said, I haven't heard anything from my Insurance company about getting anything but the next statement for the premium.
     
  10. fuzzy1

    fuzzy1 Senior Member

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    Since the two companies starting this discount at the start of this thread, many more have jumped in with similar programs:

    Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

    "State Farm and Nationwide late last week joined the ranks of the top 10 auto insurers providing relief that already included Geico, Progressive, Allstate, USAA, Liberty Mutual, Farmers, Travelers and American Family.

    In addition, since late last week the following insurers have also announced offers: Erie, Hanover, CSAA, Chubb, Cincinnati Financial, Kemper, MetLife Auto & Home, Mercury, Plymouth Rock, NJM, Auto-Owners, Amica, Shelter, Arbella, Selective, Encova, Mapfre and Union Mutual."
     
  11. Mark57

    Mark57 2021 Tesla Model 3 LR AWD

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    Liberty Mutual is giving back 15% of two months premium. That is about $63 for us. I was quite surprised when I got the email. Very unexpected.
     
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  12. Raytheeagle

    Raytheeagle Senior Member

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    Amica is 20% for 2 months :).

    I'll take it(y).
     
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  13. bisco

    bisco cookie crumbler

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    just got that amica email, comes to about 40 bucks :rolleyes:

    what about medical and dental insurance? all of our check ups have been cancelled
     
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  14. Classic Car Guy

    Classic Car Guy Active Member

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    I think I'm gonna take a lost on this deal. I'm paying 33-34 bucks a month. Lol...:eek:
     
  15. Classic Car Guy

    Classic Car Guy Active Member

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    I'm gonna tell Toyota I need roll back on my wife's Toyota care..:mad:
     
  16. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    A ______ and their money..... ;)
     
  17. fuzzy1

    fuzzy1 Senior Member

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    The checkups represent only a small portion of medical costs. The other costs continue.

    Unlike the auto insurance industry, the medical insurance industry is not basking in any sudden financial windfall from sharply reduced claims.

    Dental would be a different matter.
     
  18. Raytheeagle

    Raytheeagle Senior Member

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    You should get a couple of newer cars;).

    Then it'd amount to much more(y).
     
  19. jerrymildred

    jerrymildred Senior Member

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    We got an email a few days ago the Travelers is going to reduce our premium by 15% for the next two months. Or refund the equivalent if we already paid, which we did.