How To Save Car Insurance Money During The COVID-19 Pandemic
Berkshire Hathaway Inc. (BRK.A)
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Source: PR Web
LOS ANGELES (PRWEB) April 27, 2020 Although many insurers are already offering refunds during the COVID-19 pandemic, there are other ways that can help drivers pay lower premiums. Drivers are still required to carry car insurance in 48 out of 50 states, even though millions of US drivers have cut down on driving and are following orders to stay home. As auto insurance claims decline along with traffic in a time of social distancing, drivers should contact their insurers regarding potential refunds in the coming months. Major car insurance companies such as Allstate, Geico, Nationwide, Progressive, and others have already committed to offering premium refunds.Although canceling the policy might be tempting during this crisis, drivers are advised to not do that to avoid paying a penalty. Instead, they can follow the next steps to lower their premiums: Save money with comparison shopping. Insurance providers use their own formulas to calculate premiums for their drivers. The same driv
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