Car Insurance News: How Are Car Insurance Companies Helping Drivers Cut Off Expenses

LOS ANGELES, April 26, 2020 /PRNewswire-PRWeb/ -- Compare-autoinsurance.org has launched a new blog post that presents how car insurance companies can help drivers during this coronavirus pandemic.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/car-insurance-companies-help-drivers-pass-through-these-times-of-financial-hardship-caused-by-the-coronavirus-pandemic/

Drives who have been financially affected by the current COVID-19 outbreak can ask for help from their car insurance companies. Some car insurance providers are offering payment flexibility, they are suspending policy cancellations due to nonpayment, or they are automatically renewing policies even if the drivers can't pay.

During these difficult times for everyone, car insurance companies understand their customers. Drivers who have financial difficulties caused by the coronavirus pandemic, should contact their car insurance providers and check all the helping options that are available to them.

Compare-autoinsurance.org (https://compare-autoinsurance.org/) presents a list of options that car insurance providers present to their customers that are experiencing financial troubles:

    --  Car insurance providers are offering coronavirus-related payment delays.
        Many car insurance providers are willing to work with their customers
        who are financially affected by the COVDI-19 outbreak. Car insurance
        companies like Allstate, Geico, MetLife, or Progressive are offering
        assistance in different forms. In general, they offer the possibility to
        pause cancellation of premiums due to nonpayment,
    --  Insurance companies can suspend car coverage. Suspending coverage pauses
        the policy but doesn't cancel it. During the period of suspension,
        drivers will not have a coverage lapse. Also, drivers may need to file
        an "affidavit of non-use" from their state's department of motor
        vehicles to halt state-required auto coverage. This document lets the
        state know that the drivers won't use their cars for a given period.
        Most insurers, including Allstate, CNA, Farmers, Geico, Progressive, and
        Travelers are pausing policy cancelations of their customers who are
        having financial difficulties during the coronavirus outbreak.
    --  Insurance providers are offering flexible payments and special payment
        plans. During these difficult times, car insurance companies are doing
        all they can to help their customers. Drivers may choose to pay less
        than their usual amount bill, and the unpaid bill will be evenly
        distributed among the remaining payments. No matter who provides the car
        insurance, drivers who are affected by this pandemic should contact
        their insurers immediately to discuss a custom payment plan.
    --  Insurers allow drivers to reduce their coverage. Another option to
        explore is the reduction of car coverage. Car insurance companies allow
        drivers to reduce their coverage during this pandemic. While the car is
        out of use, drivers shouldn't pay for unneeded coverage. Drivers should
        reduce their car coverage to the coverage required by the state law.
        However, drivers should consider keeping or adding comprehensive
        coverage that will cover their vehicles for different problems not
        related to driving like fire, flooding, animal damage, vandalism, and
        theft.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

SOURCE Compare-Autoinsurance.org