Insurance discount for COVID-19?

[Kirby64]

No love yet from State Farm. If never, may be time to go shopping.

You can still drop your mileage driven and that should adjust the price. I did and it dropped a bit.

 

[cucubits]

Same here with State Farm. I asked about this and got a pretty random and vague reply mostly ending with her saying she believes I already have the best rates (Spoiler: I do not, I was just lazy to shop around). Asked to lower the miles, have yet to receive a confirmation on that and we'll see if there's any difference.

Fun fact, I over the past weeks I've received emails explaining what the company does during these times from everyone who touched my email in this and my previous two lifetimes, except from state farm. Not a peep from them

 

[ChairmanMeow]

I just called Tesla Insurance and told them I'm not using my car anymore due to covid-19. They recalculated my yearly mileage and reduced my monthly premium by $55.

Give them a call.

 

[The_Observer]

I just called Tesla Insurance and told them I'm not using my car anymore due to covid-19. They recalculated my yearly mileage and reduced my monthly premium by $55.

Give them a call.

How much were you paying before, and what was your calculated mileage per year before this happened?

 

[ChairmanMeow]

How much were you paying before, and what was your calculated mileage per year before this happened?

I was paying $138 for 10,000 miles/year.

 

[The_Observer]

I was paying $138 for 10,000 miles/year.

Wow, a good 40% decrease, very nice.

 

[jeremymc7]

I just heard from Allstate they will be issuing a refund knowing that most people are driving much less.

I was not given a specific amount or time frame.

My daily drive was under 10 miles before CV. Now that I work from home it's basically nothing.

 

[PNWLeccy]

Dropped my usage down to 100mi/mo. on Geico and they refunded me $155 towards my premium through 6/30. I will then receive the 15% discount upon renewal

 

[cucubits]

I really need to start shopping around. Now I'm being told by state farm that the change to reduce mileage can take up to 15 business days to get processed. Really? Changing a number in a computer?

 

[dmurphy]

I was paying $138 for 10,000 miles/year.

I assume that's per month? We pay about that as well, but that's the total for both vehicles. Just saw this on the SF website - so it's happening. Works out to about $34.50/month in credit. Not earth shattering, but I won't say no.

 

[dmurphy]

I assume that's per month? We pay about that as well, but that's the total for both vehicles. Just saw this on the SF website - so it's happening. Works out to about $34.50/month in credit. Not earth shattering, but I won't say no.

View attachment 530878

And here's our policy details, in case anyone can use them ... this combo of options seems to work out well.

 

[vickh]

USAA will refund 20% 2 months. I'm already on low mileage discount so I'm not sure if I should push the mileage further. How do they verify that anyways?

 

[Trevor B]

Some Insurers Offer a Break for Drivers Stuck at Home

 

[EVNation]

Just saw this article in the news:

Car insurers' rebates and discounts are giving billions back to drivers. It may not be enough - CNN

 

[Harveydent]

For Tesla insurance people- need to call them or email? Can Any changes be done online to get some savings?
TIA - new owner

 

[TomT]

I got an email from State Farm on Wednesday saying they are doing the same thing. It will be a credit on your account.

No love yet from State Farm. If never, may be time to go shopping.

 

[TwoK4drSi]

Progressive is doing 20% as well

 

[Harveydent]

Just got off the phone with Tesla insurance. Zero wait time btw.
Rate dropped to $80/mo with monthly mileage of 150mi from a commute of 1,000 month.
Was $140/mo before.

 

[smartypnz]

Still waiting on SF. No email, or any other communication.

Renewal coming up in May, so............

 

[Resist]

Farmers is giving 25% off auto policies for the month of April, maybe even longer depending on what happens.