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Allstate is giving $600 million back to customers because there are fewer car crashes during the coronavirus pandemic

1 month ago   |   By Business Insider

Insurance giants are saving hundreds of millions of dollars thanks to the drop in filed claims as Americans stop driving.
Allstate said it would return $600 million, or about 15% of premiums, to customers this month.
Across the world, a drop in driving has meant fewer wrecks, cleaner air, and safer streets for everyone - not just drivers.
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Allstate is returning hundreds of millions from auto insurance premiums as the number of claims filed falls dramatically thanks to a similar decrease in driving.
The No. 4 American insurer said Monday...
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Car insurance companies will give customers back $800 million in premiums

Car insurance companies will give customers back $800 million in premiums

1 month ago   |   By Daily Mail

Allstate Corp, one of the largest U.S. auto insurers, said on Monday that most customers will receive a 'payback' of 15 percent of their monthly premium in April and May, totaling about $600 million.
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