Here's a coronavirus pandemic-related update that reflects one of the many unanticipated but understandable-in-hindsight consequences of the COVID-19 outbreak that led to a widespread shift toward work-from-home arrangements for millions of people:
Some car insurers may return even more money to customers soon, as the premiums those customers are paying arguably don't make as much sense when the customer is rarely driving. Of course, there are plenty of caveats to note there, one of which is that not everyone has behaved the same way during the pandemic -- like how some people have returned to a more normalized existence, like driving to eat at restaurants again, much quicker than other people have. Nevertheless, the pandemic already led auto insurers to give back approximately 15% of drivers' premiums for some months last year -- a collective refund of about $14 billion. But is that enough?
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A coronavirus-related refund might be coming your way soon originally appeared on BGR.com on Tue, 23 Mar 2021 at 22:19:19 EDT. Please see our terms for use of feeds.
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