News COVID-19

Allstate Likely to Provide Insurance Rebate

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May 6, 2020—Allstate is likely to grant another auto insurance rebate due to reduced driving during the coronavirus, reported Reuters.

Tom Wilson, Allstate's chief executive officer, told Reuters that a second round of rebates would reflect reduced driving in specific geographies. 

People are driving more than they were in mid-April but driving is still approximately 30 to 40 percent less than it was before the pandemic.

Allstate said on April 6 it would return more than $600 million in premiums to customers. 

 

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