Auto insurance companies return $800M in premiums


(CNN) – Some auto insurance companies are giving money back to their customers because people are driving less during the pandemic.

Allstate says it will refund about 15% of premiums paid by costumers in April and May for a total of $600M.

American Family Insurance says it’s giving back about $50 per car for a total of $200M.

Both insurance companies say they are expanding coverage for customers who use their own vehicles to deliver food and medicine during the COVID-19 outbreak.

It’s unclear if other insurers will follow suit but Progressive says it is exploring options.

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