{Two|2} more {insurance companies|insurance provider|insurer} {announce|reveal} {help|assistance|aid} for {auto|car|automobile|vehicle} {customers|clients|consumers} – KOMU 8

9 April 2020

COLUMBIA -{Two|2} more {insurance companies|insurance provider|insurer}, both with {large|big} {facilities|centers} in mid-Missouri, are taking {steps|actions} to {help|assist} {customers|clients|consumers} out {amid|amidst|in the middle of} {concerns|issues} {related to|associated with|connected to} COVID-19 and the economy.

State Farm Mutual {Automobile|Vehicle|Car|Auto} {Insurance Company|Insurance provider|Insurer} {announced|revealed} Thursday a $2 billion dividend that will go to its {auto|car|automobile|vehicle} {insurance|insurance coverage} {customers|clients|consumers}. {On average|Typically|Usually}, State Farm {auto|car|automobile|vehicle} {customers|clients|consumers} can {expect|anticipate} to {receive|get} a credit of about 25 percent of premium for the time {period|duration} March 20 through May 31, {but|however} {exact|precise|specific} {percentages|portions} will {vary|differ} by state.

{{Likewise|Also|Similarly}, Shelter {Insurance|Insurance coverage} {said|stated} Wednesday it will {issue|provide|release} payments to {auto|car|automobile|vehicle} {insurance policy|insurance coverage|insurance plan} holders in the {amount|quantity} of {roughly|approximately} 30% of their {personal|individual} {monthly|regular monthly|month-to-month} premiums for April and May.

| Shelter {Insurance|Insurance coverage} {said|stated} Wednesday it will {issue|provide|release} payments to {auto|car|automobile|vehicle} {insurance|insurance coverage} policy holders in the {amount|quantity} of {roughly|approximately} 30% of their {personal|individual} {monthly|regular monthly|month-to-month} premiums for April and May.

} Both {companies|business} {cited|mentioned|pointed out} the {fact|truth|reality} that {people|individuals} are driving less at the {moment|minute}, and {therefore|for that reason} {auto|car|automobile|vehicle} claims are {expected|anticipated} to be {fewer|less}.

{Earlier|Previously} in the week, Allstate and American {Family|Household} {Insurance|Insurance coverage} {announced|revealed} they will {give back|return} about $800 million to their {auto|car|automobile|vehicle} {insurance|insurance coverage} {customers|clients|consumers}.

Allstate {said|stated} it will {refund|reimburse} about 15% of premiums paid by its {customers|clients|consumers} in April and May, which {comes to|concerns|pertains to} {a total|an overall} of about $600 million.

American {Family|Household} {Insurance|Insurance coverage} {said|stated} it will {give back|return} about $50 per {car|vehicle|automobile|cars and truck} that {a household|a home|a family} {has|has actually} {insured|guaranteed} with the {company|business} {via|through|by means of} a one-time payment. It {said|stated} that will {total|amount to} about $200 million.

Source: komu.com

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