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Allstate and other auto insurers giving money back to drivers

Allstate plans to return $ 600 million to auto insurance policyholders over the next two months due to the coronavirus pandemic. “This crisis is pervasive,” Tom Wilson, President and CEO of Allstate, said in a statement on Monday. “Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback …

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Allstate to return $600 million in auto premiums to customers

U.S. insurer Allstate Corp. said on Monday that it would return more than $ 600 million in auto insurance premiums to customers as many Americans stay home and drive less due to “shelter-in-place” orders to curb the coronavirus outbreak. Most customers will receive a “payback” of 15 percent of their monthly …

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How Comprehensive Are Bumper-To-Bumper Extended Warranties?

Advertiser Disclosure Buyers keep cars an average of seven years, and the average age of cars on the road now nears 12 years old. This data from IHS Markit shows us why an extended warranty is becoming an appealing option for more and more buyers. Such warranties are available from …

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