Consumer Group: Car Insurers Should Give More Money Back To Customers During Pandemic

NEW YORK (CBSNEWS.COM) — Auto insurers have made billions of dollars in profit this year while offering customers a smattering of promised refunds, according to a consumer advocacy group.

Dallas traffic (credit: CBS 11 News)

Allstate, Geico, Progressive and other insurers vowed in April to return a portion of monthly premiums to motorists, reflecting a sharp decline in driving because of the coronavirus pandemic. While the companies kept their word, they typically returned less than half of one month’s payment to homebound drivers.

♦♦♦ Click Here To Read The Complete Story On cbsnews.com ♦♦♦