As Americans drive less because of the coronavirus pandemic and there are fewer accidents, Allstate announced Tuesday it is extending its shelter-in-place payback program through June.
Allstate was the first major insurance company to announce in April that it would give its car insurance policyholders a credit of about 15% of monthly premiums because of the pandemic for April and May. That same credit is extended through June 30.
Geico, State Farm, Progressive and many others have been offering car insurance relief to customers because of COVID-19.
“While more people are back on the roads, the numbers of less severe accidents are below historical levels, so the payback will continue through June, representing approximately $1 billion back to customers over three months,” Allstate President and CEO Tom Wilson said in a statement.