As Coronavirus spread, many people realised that their standard travel insurance did not cover them and millions were left stranded overseas. It’s a tough year ahead for the insurance industry, as more cancellations will mean […]
LV= has bowed to consumer pressurer and announce that it will be offering partial refunds to car insurance policyholders, up to £50. However, the catch is that any refund will be means tested; you have […]
Last week (Tuesday 21st April 2020) Admiral announced that they will be giving their customers a £25 refund due to limited to no use of their motor vehicle over the lockdown period. For those who […]
According to Irish media outlets, some five insurers in Ireland intend to refund car drivers after Corona. AXA has stated it will pay out 33 euros each to their car insurance policyholders. The move will […]
That’s one of the questions that J.D. Power asked in the USA last month, after several big name car insurers offered partial premium repayments. In the UK, Admiral also stated they were going to refund […]
Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by Covid-19. This covers payments on business […]
In this debut episode we take a look at Admiral’s £25 premium refund, a quick round-up industry comment and look ahead to the end of lockdown – will the industry see a spike in claims […]
Updated 22.04.2020 Some comment from Ageas on the issue of Coronavirus refunds on car insurance; “In these unprecedented times, we’re continuously reviewing our customer proposition to ensure we can reasonable adapt to best meet their […]
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