If you’ve had to make a trip out and about, it’s very likely you’ve noticed the amount of cars on the road is less than normal. In fact, car traffic has decreased as states move to “stay-at-home” orders and employers ask employees to work remotely.

Since most insurance companies factor in your miles driven to rate your auto insurance, guess what? You might find some extra cash in your wallet!

Here’s why. Most people are driving significantly less or not at all compared to their normal day-to-day commute. So, insurance companies have decided to respond accordingly and some are even suspending cancellations due to nonpayment and giving other billing flexibility (and at a time when many insureds could use the extra money!).

Who’s Taking Part in Auto Premium Refunds?

Allstate, Geico, Nationwide, Chubb, Liberty Mutual, The Hartford, and Pure are just a few of the insurance companies refunding premiums or giving discounts as a response to COVID-19, but the list continues to grow.

As it relates to Holmes Murphy’s insurance carriers — here’s what they’re doing:

What Can You Do If Your Insurance Company Is Not Yet Providing a Refund or Discount?

Give them a call and ask! Because many insurance companies are seeing a decrease in claims due to less drivers on the road, they’re feeling pressure from competitors to offer discounts. It’s always worth an ask.

Speaking of asking questions…if you have any, don’t hesitate to reach out to us or visit our COVID-19 Resource Center (updated daily with the latest information). We are here for you!