COVID-19: 15% Auto Discount

Notice to all personal auto policy holders:

We are happy to note that our auto insurance companies are stepping up to provide premium concessions for policies that remain active, as a result of the Corona Virus.

Companies are working quickly, but are apparently required to receive approval from the State of Michigan, Dept. of Insurance & Financial Services (DIFS) due to “rebating” laws.
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Common information pertaining to our carriers is as follows:

• The typical the amount is about 15% (probably excluding State MCCA fees).
• The method to be used will be either account credit or refund via payment method in place.
• The concession will be automatic, you’ll not need to do anything to receive it.  ☺
• If there IS a caveat to this, we’re learning that the forms the State requires for this to happen are extensive and because the DIFS is very behind with Auto No-Fault Reform, State approval is taking more time than expected.  ‘Policy holders may need to be patient’.

We’re proud of our companies for their civic mindedness and effort to do their part.  Please stay tuned, we’ll provide updates as they become available.

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