American Family Insurance to return $200 million in premiums to auto customers

Posted at 12:55 PM, Apr 06, 2020
and last updated 2020-04-06 13:55:01-04

WISCONSIN — American Family Insurance announced Monday that they plan to return $200 million to their auto insurance customers.

As coronavirus continues to take its toll on the state, people are finding themselves struggling financially and altering their driving habits drastically.

With these current changes, American Family Insurance has decided to provide some relief and return millions of dollars to their auto insurance customers.

“American Family Insurance is doing this out of responsibility to our customers. They are driving less and experiencing fewer claims. Because of these results, they deserve premium relief,” said Telisa Yancy, American Family chief operating officer.

The premium will be a one time payment of $50 per vehicle insured under American Family Insurance. According to a press release from American Family, all 2.3 million checks should be distributed within the next 60 days.

American Family is also offering relief in several other ways. They have waived late fees, offered payment plans, and are offering payment deferral.

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