Someauto insurersare making an unheard-of move right now: giving money back to their customers.
That means insurance companies face less risk of paying out claims.
Which Companies Are Refunding Car Insurance Premiums?
The refunds arent huge, but theyre something.
No Interest Til Almost 2027?
We will print and mail checks for customers in your state after receipt of regulatory approval.
The Hill reported on Tuesday thecompany had received approvalin Wisconsin and would send checks starting April 6.
Did you know?
With USAAs average yearly premium of $1,468, its 20% refund should average about $49.
The companies arent refunding premiums for any other types of insurance which makes sense.
Well, at least were off the road.
Weve also heard from some people who were able to claim refunds by calling their insurance companies.
Theyll credit your account or mail checks automatically.
It sounds appealing right?
Check it out here!