COVID-19 Premium Relief Offered by Insurance Carriers

The COVID-19 pandemic has turned our lives upside down – changing the way we live, work and socialize and putting a great deal of stress on our day-to-day lives. As your trusted insurance provider, we want to bring you some positive news and make you aware of what some of our insurance carriers are offering our customers in light of the current COVID-19 situation.

Auto Owners: Plans to announce a special COVID-19 premium refund program in the near future to assist personal auto customers.
More information: auto-owners.com (program details have not yet been released)

West Bend: Announced that they will be sending a one-time payment of $50 to Home and Highway policyholders who insured their vehicles with us as of March 11, 2020.  They have also extended suspension of cancellations of policies due to nonpayment through 11:59pm CST May 31, 2020
More information: thesilverling.com

Progressive: Will be providing credits of approximately $1 billion in premium to Progressive personal auto customers as a result of fewer claims that come with less frequent driving. Subject to approval by state regulators, Progressive personal auto customers who have a policy in force as of April 30 will be credited 20% of their April premiums in May and personal auto customers with a policy in force as of May 31 will be credited 20% of their May premiums in June.
More information: https://www.progressive.com/support/covid19/

Nationwide: Offering a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020. Customers don’t need to do anything. Refunds will automatically be credited to the customers’ most recent method of payment (automatic withdrawal, credit card, personal check) within the next 30 days.
More information: nationwide.com

We anticipate there will be additional changes and updates over the next few weeks.  As information becomes available, we continue to communicate those changes with you.  As always, please feel free to contact our AgQuest/MN River P&C Insurance locations for more information:

Le Sueur, MN                    Mankato, MN
507-593-0128                       507-345-8602

Central Farm ServiceACCentraSotaCrystalFarmwardGreatHeartSeedLocalSeedUFCUnitedPrairie