We understand many of you have questions and concerns related to the impact of COVID-19 (Coronavirus) on your personal auto coverage. Our carriers recognize that this is a difficult time, and in response, are offering a credit, refund, premium adjustment or premium reduction, for a current and specified time period. Additionally, many carriers are providing flexibility for payments, and have suspended cancellations and late fees.
Below, we've outlined the terms from each carrier, pending regulatory approval, which are being expedited for review. No action is required on your part to receive these discounts or policy adjustments.
If you have any questions, please contact us at 937-324-8492.
Wallace & Turner, Inc.
Cincinnati Insurance and Cincinnati Casualty personal lines auto policyholders will receive a 15% credit per policy on your April and May premiums. Credits are expected to be issued in June.
Nationwide is offering a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020. The refund will arrive in the next 30 days.
If you have an active personal auto policy at the end of April or May, you will be receiving a 20% premium credit. Progressive will calculate your credit for you at the end of that month, and you’ll see it in your Progressive account a few weeks after that.
Ohio Mutual is offering a 25% policy premium credit for all personal auto policyholders with an in-force policy as of May 31, 2020. Premium creditwill be applied beginning the first week of June.
WRG is adjusting discounts and reducing rates for personal lines auto policyholders. By reducing rates, WRG is lowering premiums by more than $3.7 million for personal auto policyholders, in addition to the almost $2 million in rate reductions offered to policyholders effective March of this year.
Westfield Personal Auto customers will receive a 15% credit of their eligible monthly auto premium for the months of April, May, and June 2020. Customers with an active Personal Auto policy as of April 30, 2020, will receive the full credit to their bill in the month of May 2020.
