Reportedly, Travelers Canada, the Canadian division of The Travelers Companies, Inc. (TRV), has announced its new Stay-at-Home Auto Premium Credit Program offering its Canadian personal auto insurance customers a credit of 25% on one month’s premium. For the majority of customers’ processing of this credit is expected to start in May. The initiative will automatically credit customers’ accounts, assisting them with much-needed relief during the COVID-19 pandemic.
Also, the company has announced that it will provide auto coverage for customers across the country whose temporary job responsibilities include to use their personal vehicles to make food, pharmacy, grocery, and medical supply deliveries.
“We’ve seen fewer auto claims in April as Canadians continue to stay home during this challenging time, and we expect this to continue into May. Many are experiencing financial hardships, and we hope our new Stay-at-Home Auto Premium Credit Program provides some measure of relief. We have taken a number of steps to help customers, brokers, and communities, and will continue to look for ways to support them,” stated Heather Masterson, President and Chief Executive Officer of Travelers Canada.
To learn more about Travelers Canada’s response to COVID-19, please visit TravelersCanada.ca.
Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page.
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