Mississippi auto insurance companies returning over $60 million to customers, check to see if yours is listed

Mississippi auto insurance companies are returning over $60 million to customers, according to a release from the MID. Check below to see if your is listed as returning part of your premium.

From MID:

JACKSON, Miss. – Mississippi drivers will receive credits totaling $60,815,207 from auto insurers after a number of companies have filed requests with the Mississippi Insurance Department (MID).

“I am happy to approve these premium reductions so that Mississippians receive discounted rates,” said Insurance Commissioner Mike Chaney. “Many people are not driving as much right now because of shelter-in-place, emergency declarations, and working from home. It only makes sense to discount what people are paying for automobile insurance and to provide them some financial relief.”

Currently, the following insurers have notified MID of their credit programs. Please find a spreadsheet attached with additional information. For additional updates regarding auto premium discounts, please refer to our Coronavirus webpage at https://bit.ly/2VRr9bc

Mississippi Auto Insurers COVID-19 Premium Relief
As of 4/22/2020
COVID-19 RELATED


State Farm Mutual Automobile Insurance Company
Private Passenger Auto
25%
2
$17,378,635
Mississippi Farm Bureau Casualty Insurance Company
Private Passenger Auto
15%
2
$5,800,000
Progressive Group of Companies*
Private Passenger Auto
20%
2
$8,200,000
GEICO Group of Companies*
Private Passenger Auto
15%
6
$10,900,000
Allstate Group of Companies*
Private Passenger Auto
15%
2
$3,801,862
Safeco/Liberty Group of Companies*
Private Passenger Auto
15%
2
$3,569,236
USAA Group of Companies*
Private Passenger Auto
20%
2
$3,860,232
Nationwide Group of Companies*
Private Passenger Auto
$50/per policy
**
$1,981,550
Shelter Mutual Insurance Company
Private Passenger Auto
30%
2
$3,290,604
MetLife Group of Companies*
Private Passenger Auto
15%
2
$993,000
Travelers Group of Companies*
Private Passenger Auto
15%
2
$641,152
The Hartford Group of Companies*
Private Passenger Auto
15%
2
$369,779
Amica Mutual Insurance Company
Private Passenger Auto
20%
2
$29,157
TOTAL ESTMATED RETURN PREMIUMS:
$60,815,207

Jon Ross Myers

Jon Ross Myers is the executive editor and publisher of the Mississippi News Network, Mississippi's largest digital only media company. He can be reached at editor@tippahnews.com

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