Thursday, April 09, 2020

Insurance

Being former military, I have a USAA credit card and have car and homeowner's insurance with USAA.  Here's an excerpt from an email I just received from them:
We know the COVID‐19 pandemic is having a financial impact, and we're taking action to ease the burden. Every member with an auto insurance policy in effect as of March 31, 2020, will receive a 20% credit on two months of premiums in the coming weeks. All told, we're returning about $520 million.

We're able to pass on those savings because your efforts to stay home during the pandemic have meant fewer drivers on the road, which means fewer accidents and claims.

You will receive a credit applied to your bill. There is no need to call or take any action.
Very cool, and indicative of why I do business with them.

2 comments:

Anna A said...

Liberty Mutual is doing the same thing. Only difference is 5% less returned.

Anonymous said...

We just got notified by Hartford: 15% off 2 months and increased grace period for non-payment to May 31.

-- Ann in L.A.