Nationwide giving $50 refund to its personal auto insurance customers

Nationwide | April 09, 2020

Nationwide giving $50 refund to its personal auto insurance customers
Nationwide is giving each of its personal auto policyholders a $50 refund because of the coronavirus outbreak. While other insurers have been giving money back to policyholders based on fewer claims because drivers are stuck at home, Nationwide is stressing that its effort is meant to get money to customers who have been hurt by the outbreak. The refund amounts to an average savings of 15% over two months and is on top of existing discounts customers already earn. It will be returned to customers in the last form of payment they have made, whether electronic or by check.

Spotlight

The Insurance Industry has been historically called the laggard in terms of acceptance of technological innovation within the Financial Services sector. But over the last few years, the Insurance sector has been getting disrupted. The abundance of data availability in the sector has made it a natural area of interest for data-driven decision-making tools and platforms.

Spotlight

The Insurance Industry has been historically called the laggard in terms of acceptance of technological innovation within the Financial Services sector. But over the last few years, the Insurance sector has been getting disrupted. The abundance of data availability in the sector has made it a natural area of interest for data-driven decision-making tools and platforms.

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