Shelter Insurance® to provide auto
coverage premium refunds to help customers during Covid-19 crisis
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[April 25, 2020]
The Shelter Insurance® group of companies was
among the first to take the stance of continuing coverage when a
customer could not pay their premium, and now Shelter, including its
subsidiaries AmShield Insurance®, Haulers Insurance®, and Say
Insurance®, will join others in our industry in finding ways to
provide relief to our customers who insure their personal autos with
us.
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Many of our customers are under unprecedented
stay-at-home orders and social-distancing mandates, so they are
driving fewer miles and experiencing fewer accidents. In the
interest of providing help to our customers now, when they need it
most, Shelter will issue a payment to our policyholders representing
approximately 30% of their personal auto monthly premium for the
months of April and May, based on our best estimate of the impact of
this pandemic on our customers and on Shelter’s business.
We will work diligently to obtain approval from the Departments of
Insurance in each state we serve to get this money into our
customers’ hands as quickly as possible. If a customer paid their
premium automatically through a bank account, we will deposit
directly into the account when possible. Otherwise, we will mail a
check.
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Shelter is known for doing the right thing. We will
continue to evaluate this rapidly evolving situation and do what we
can to help our customers, agents, and employees.
Shelter Insurance® is a group of companies with four personal lines
property and casualty companies, a reinsurance company, and a life
insurance company. Shelter markets through Shelter Insurance®,
AmShield Insurance®, Haulers Insurance, Say Insurance® and offers
auto, home, life, farm and business insurance services to customers
in 21 states. The firm’s corporate headquarters is in Columbia,
Missouri and more information is available at ShelterInsurance.com.
[SANDRA ONEY, SHELTER INSURANCE] |