Travelers Canada extends auto insurance premium relief program
Company returns another significant percentage of customers' premiums
Travelers Canada extends auto insurance premium relief program
MOTOR & FLEET
By Lyle Adriano
28 Jul 2020

Travelers Canada is extending its “Stay-at-Home Auto Premium Credit Program,” providing more personal auto insurance premium relief to customers in this difficult time.

The insurer will be returning an additional 15% credit on one month’s premium per customer. This follows Travelers’ previous offer of 25% credit on a customer’s premium in April.

Read more: Travelers Canada introduces auto premium credits amid COVID-19

Just like the previous credit offer, the process will be automatic so that customers do not need to do anything else to receive the credit on a future bill. Those customers who have already paid their premium in full will receive their credit in the form of a mailed cheque, Travelers said in a statement.

Read more: Travelers Canada expedites payments to eligible brokers

Apart from the auto insurance premium credits, Travelers said that it continues to do what it can to help everyone affected by the COVID-19 pandemic. The insurer noted that it had accelerated its payments to eligible brokers and pledged $5 million to assist communities impacted by the outbreak.

Read more: Travelers Canada donates $40,000 to multiculturalism efforts

Travelers Canada also donated $40,000 in support of multiculturalism efforts back in June.

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB CA.