The insurer also is offering free identity protection for this year to U.S. residents who sign up by June 30
Allstate is extending its Shelter-in-Place Payback through June 30, 2020, for personal auto insurance customers as they drive less and get in fewer accidents during the coronavirus pandemic. The company is also extending the sign-up period for free identity protection to June 30, 2020, for all U.S. residents.
“Allstate is continuing to support customers during the pandemic by extending our Shelter-in-Place Payback,” said Tom Wilson, Chair, President and CEO. “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. We are also extending our offer to give all U.S. residents free identity protection through the rest of 2020. Together we will get through this pandemic and be stronger.”
Allstate, Esurance and Encompass personal auto insurance customers will receive the extended Shelter-in-Place Payback in June. Customers will receive an automatic credit to their accounts with most receiving 15% of their monthly premiums. The amount reflects Allstate’s disciplined analysis of available data, including driving information from Arity, its mobility data and analytics company. It also reflects that the average cost per accident has increased, partially offsetting cost savings.
In addition, the company also announced that it would be making its Allstate Identity Protection product free through December 2020. Allstate’s Identity Protection product is free to all U.S. residents who sign up before June 30, 2020.
