when no one drives less car accidents happen!

A not very surprising thing has happened during the Coronavirus lockdown. With fewer cars on the road auto insurance companies are discovering that people are having fewer car accidents. I know, who would have put those two pieces together?
No one likes having accidents so one upside of not traveling very far is that the frequency of accidents has gone down significantly. I saw one report stating that there have been 50% less auto accidents reported since the stay at home orders began. I'm sure each insurance company is experiencing different rates of accident reduction. But, that's still a pretty huge number if that is one auto carriers experience.
The good news is that a lot of auto insurance companies have decided to give some of their premiums back. Most are giving a percentage of the premiums back during the months we have been told to stay home. I've seen percentages from 15-20%. 
Why if there is possibly a 50% reduction in accidents are the insurance companies only giving back a much smaller percentage? Well, remember employees are still going to work and they might be processing less claims but they are still showing up everyday. So, the true savings for auto insurance companies is probably only a fraction of the money they are saving paying out on less claims.
Enjoy the emptier roads while you can. Enjoy your auto insurance premium returns while they last. And drive carefully out there. If you are bored at home and want to shop your auto insurance rates give us a call at 951-395-0754.