The Division of Insurance announced Wednesday that many drivers will receive refunds for their auto insurance policies due to less claims being paid as Nevadans continue to “Stay Home for Nevada”.
“There are fewer cars on the road here in Nevada and many insurance carriers have reported significant decreases in claims. Fewer claims saves money which the carriers are now providing back to their consumers. This means money will be going back to consumers’ pockets in a time when relief is needed the most,” said Insurance Commissioner Barbara Richardson.
The Division of Insurance (“Division”) has reviewed and approved recent requests from auto insurance companies to provide premium refund credits, checks, dividends, and similar measures in response to the stay at home orders and other disruptions brought about by the COVID-19 pandemic.
Consumers whose insurance companies are currently participating will be notified directly by their insurance company. Consumers do not need to take any action to receive such relief.
Consumers who have questions about premium relief refunds are encouraged to contact their insurance company first. If they have additional questions, they may contact the Division by emailing cscc@doi.nv.gov.
(Division of Insurance contributed to this report.)
