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Alberta Phil 
Orange Level
Joined: 13 Sep 2009
Location: Alberta, Canada
Points: 3915
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 Topic: Insurance Premiums
Posted: 21 Apr 2020 at 11:15pm |
I got a nice e-mail from my health care insurance provider yesterday telling me that because of a significant reduction in claims to be paid out due to the Covid 19, they are reducing our monthly premiums by 25%!!  I just talked to a friend of mine and he told my he will be getting a refund on part of his auto insurance premium due to a reduction in claims because no one is driving much! Any of you guys getting this "bonus" too?
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shameless dude
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Joined: 10 Apr 2017
Location: east NE
Points: 13607
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Posted: 21 Apr 2020 at 11:53pm |
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nope
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JohnColo
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Joined: 03 Apr 2020
Location: Niwot, CO
Points: 1263
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Posted: 22 Apr 2020 at 12:52am |
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Farmers Union hasn't called me yet, still waiting...
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mdm1
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Joined: 12 Sep 2009
Location: Onalaska, WI
Points: 2677
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Posted: 22 Apr 2020 at 4:29am |
We got $50.00 a vehicle! Ya hoo! Anyone get a stimulus check?
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Everything is impossible until someone does it! WD45-trip loader 1947 c w/woods belly mower, 1939 B, #3 sickle mower 1944 B, 2 1948 G's. Misc other equipment that my wife calls JUNK!
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omahagreg
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Joined: 11 Sep 2009
Location: Omaha, Nebraska
Points: 2806
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Posted: 22 Apr 2020 at 6:24am |
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Yes, $50 per vehicle from American Family
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Greg Kroeker
1950 WD with wide front and Freeman trip loader
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chaskaduo
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Joined: 26 Nov 2016
Location: Twin Cities
Points: 5200
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Posted: 22 Apr 2020 at 7:35am |
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Are those full coverage or liability policies?
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1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp
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weiner
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Joined: 19 May 2012
Location: Cadillac, Mi.
Points: 4304
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Posted: 22 Apr 2020 at 12:36pm |
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Two months reductions of 20% each month from USAA (4 cars)
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Real heros wear dogtags, not capes.
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john(MI)
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Joined: 12 Sep 2009
Location: SE MI
Points: 9262
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Posted: 22 Apr 2020 at 12:41pm |
Just got he statement for the auto ins. It's $200 less than the last time, but MI did some ins. readjustments so that is probably the reason.
Phil, why do you have Health Ins?
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D14, D17, 5020, 612H, CASE 446
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Tbone95
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Joined: 31 Aug 2012
Location: Michigan
Points: 12150
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Posted: 22 Apr 2020 at 12:57pm |
 john(MI) wrote:
Just got he statement for the auto ins. It's $200 less than the last time, but MI did some ins. readjustments so that is probably the reason.
Phil, why do you have Health Ins?
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MI insurance reform does not come into effect until July.
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Alberta Phil
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Joined: 13 Sep 2009
Location: Alberta, Canada
Points: 3915
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Posted: 22 Apr 2020 at 7:56pm |
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We have provincial health coverage provided for seniors by Alberta Health for basic stuff. I have Alberta Blue Cross which is an additional plan that I pay a small premium for. It covers most meds, hospital costs, dental, eyeglasses etc that Alberta Health doesn't cover.
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omahagreg
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Joined: 11 Sep 2009
Location: Omaha, Nebraska
Points: 2806
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Posted: 22 Apr 2020 at 8:24pm |
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One of our vehicles is liability only and one is full coverage. Same rebate no matter
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Greg Kroeker
1950 WD with wide front and Freeman trip loader
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Coke-in-MN
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Joined: 12 Sep 2009
Location: Afton MN
Points: 41978
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Posted: 23 Apr 2020 at 9:42am |
Same with Liberty Mutual - said a refund from them on auto ins
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Life lesson: If you’re being chased by a lion, you’re on a horse, to the left of you is a giraffe and on the right is a unicorn, what do you do? You stop drinking and get off the carousel.
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HD6GTOM
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Joined: 30 Nov 2009
Location: MADISON CO IA
Points: 6627
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Posted: 23 Apr 2020 at 10:06am |
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I just sent them $1020.00 for 6 months insurance on vehicles. I hope they return some. There is some talk about pausing health insurance premiums untill folks get back to work, but they would still have coverage.
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Tbone95
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Joined: 31 Aug 2012
Location: Michigan
Points: 12150
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Posted: 23 Apr 2020 at 10:28am |
HD6GTOM wrote:
I just sent them $1020.00 for 6 months insurance on vehicles. I hope they return some. There is some talk about pausing health insurance premiums untill folks get back to work, but they would still have coverage. |
Well Tom, you don't say how many vehicles, what vehicles, and what type of coverage, so pretty vague. Here in MI, before any pandemic related rebates or our "pending" insurance reform coming this summer, I'd say an average priced vehicle, even as it gets up to 8-10 years old, if you still want to cover it fully, $500 collision deductible, will still cost you ~$125 per month! So that's $750 per vehicle for 6 months. We have the most expensive insurance in the 50 states. Not sure where we will be after the "reform" kicks in.
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Bill_MN
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Joined: 12 Sep 2009
Location: Sioux Falls, SD
Points: 1471
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Posted: 23 Apr 2020 at 10:44am |
HD6GTOM wrote:
I just sent them $1020.00 for 6 months insurance on vehicles. I hope they return some. There is some talk about pausing health insurance premiums until folks get back to work, but they would still have coverage. |
My employer is paying 100% of our health insurance for April and May along with some other assistance measures, but I work for a healthcare system with a self-administered health plan. So it is happening within employers but haven't yet heard of insurers suspending premiums in a broad sense. I just renewed Progressive auto policy and haven't heard of any rebates from them yet.
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1951 WD #78283, 1918 Case 28x50 Thresher #76738, Case Centennial B 2x16 Plow
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chaskaduo
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Joined: 26 Nov 2016
Location: Twin Cities
Points: 5200
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Posted: 23 Apr 2020 at 4:21pm |
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Even got $50 for my Motorhome. (American Family)
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1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp
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steve(ill)
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Joined: 11 Sep 2009
Location: illinois
Points: 87573
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Posted: 23 Apr 2020 at 7:32pm |
Here in MI, before any pandemic related rebates or our "pending" insurance reform coming this summer, I'd say an average priced vehicle, even as it gets up to 8-10 years old, if you still want to cover it fully, $500 collision deductible, will still cost you ~$125 per month! So that's $750 per vehicle for 6 months.
In ILLINOIS i had full coverage on a 2013 F150 and a 2019 Ford Flex and they were $750 EACH for a year ............ and i just got about 30% knocked off of that by switching to PROGRESSIVE.
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Like them all, but love the "B"s.
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Tbone95
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Joined: 31 Aug 2012
Location: Michigan
Points: 12150
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Posted: 24 Apr 2020 at 8:13am |
steve(ill) wrote:
Here in MI, before any pandemic related rebates or our "pending" insurance reform coming this summer, I'd say an average priced vehicle, even as it gets up to 8-10 years old, if you still want to cover it fully, $500 collision deductible, will still cost you ~$125 per month! So that's $750 per vehicle for 6 months.
In ILLINOIS i had full coverage on a 2013 F150 and a 2019 Ford Flex and they were $750 EACH for a year ............ and i just got about 30% knocked off of that by switching to PROGRESSIVE. |
So, about half price. Yep, I lived in OH for about nine years. Insurance was ~60% of what we'd been paying in MI for the same vehicles.
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Bob D. (La)
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Joined: 12 Sep 2009
Location: Louisiana
Points: 25529
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Posted: 24 Apr 2020 at 5:46pm |
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Just got a rebate from Shelter mutual on my pickup, full coverage was $526 for 6 months. Rebate was $139.00.
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When you find yourself in a hole,PUT DOWN THE SHOVEL!!!
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FREEDGUY
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Joined: 15 Apr 2017
Location: South West Mich
Points: 5396
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Posted: 24 Apr 2020 at 7:11pm |
You people haven't experienced life until you've been involved with "NO FAULT" insurance premiums in MI. 
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