COVID-19: Insurers cut auto premiums — some by 75 per cent — as lockdown reduces claims [Financial Post (Toronto, Ontario, Canada)]
Allstate Corporation (The) (ALL)
Last allstate corporation (the) earnings: 2/4 06:08 pm
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Source: Financial Post
COVID-19: Insurers cut auto premiums — some by 75 per cent — as lockdown reduces claims The Insurance Bureau of Canada suggests customers contact their insurance company to see whether they qualify for relief A number of Canadian insurers are reducing or rebating auto insurance premiums to compensate customers who are driving less because they are working at home or are self-isolating as a result of the coronavirus pandemic. Aviva Canada said Wednesday it is offering $100 million in relief measures for drivers, including options to immediately reduce insurance premiums. Customers who have stopped driving entirely can reduce their auto insurance premiums by up to 75 per cent, the Toronto-based company said. Allstate Insurance Company of Canada, Pembridge Insurance Company, and Pafco Insurance Company, meanwhile, said they plan to send one-time payments to qualifying customers by May in the amount of about 25 per cent of their monthly auto premium. The cumulative payments are expec
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ALL
Earnings
- 10/30/24 - Beat
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Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form 13F-HR
- 11/5/24 - Form 4
- ALL's page on the SEC website