Qualify for a Car Insurance Refund
As we continue to practice social distancing during Governor Lamont's Stay Home, Stay Safe order, you may notice your cars sitting unused in the driveway. If you find that you have been driving less, your insurance company may owe you money. The Connecticut Insurance Department is now calling on auto insurance companies to issue partial refunds on premiums. Insurer Allstate has already agreed to return more than $600 million to customers nationwide.
In a Department Notice released yesterday, all insurance companies offering auto and motorcycle liability insurance coverage in Connecticut are requested to adjust premiums to reflect the reduced risk from fewer vehicles being driven on the road during the shelter-in-place period. The agency is also encouraging insurers to assist business owners, and restaurants in particular by affording them coverage for those delivery drivers who request commercial hired and non-owned automobile insurance and to use online, "gig” delivery businesses.
For more information, read the press release issued yesterday by the Insurance Department.