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$50 Refund for Current Customers W/Auto Policy - Nationwide
Why is Nationwide offering this refund?
To get relief in the hands of our customers quickly and simply, Nationwide is offering a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020.
We are offering this rapid relief at a time when drivers are making the right choice to stay off the road and remain home to help flatten the curve
How much is the refund and how was that amount determined?
We are a mutual company, so our focus is on our members, not shareholders. We balance doing what’s right for our members while maintaining our position of financial strength to ensure we deliver on our promises to our members. To get this refund in the hands of our customers quickly, it will be a one-time payment of $50 per policy, which is equivalent to an average savings of 15 percent for two months.
With my policies, 15% is more than $50. Will I get the remaining refund?
No, we are issuing a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020, to get relief in the hands of our customers quickly and simply. The 15% reference is an average across our entire auto customer base.
What policies are eligible?
Any personal auto policies that were active as of March 31, 2020. PowerSports and Motorcycle policies are excluded.
https://blog.nationwide.com/news/nationwide-covid-19-refund-faqs/
Why is Nationwide offering this refund?
To get relief in the hands of our customers quickly and simply, Nationwide is offering a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020.
We are offering this rapid relief at a time when drivers are making the right choice to stay off the road and remain home to help flatten the curve
How much is the refund and how was that amount determined?
We are a mutual company, so our focus is on our members, not shareholders. We balance doing what’s right for our members while maintaining our position of financial strength to ensure we deliver on our promises to our members. To get this refund in the hands of our customers quickly, it will be a one-time payment of $50 per policy, which is equivalent to an average savings of 15 percent for two months.
With my policies, 15% is more than $50. Will I get the remaining refund?
No, we are issuing a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020, to get relief in the hands of our customers quickly and simply. The 15% reference is an average across our entire auto customer base.
What policies are eligible?
Any personal auto policies that were active as of March 31, 2020. PowerSports and Motorcycle policies are excluded.
https://blog.nationwide.com/news/nationwide-covid-19-refund-faqs/