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Carrier Kudos

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A few weeks ago, we posted on efforts being made by various insurance carriers to ease the premium burden during the pandemic:

Amica: 20% credit on April and May premiums

The Hartford: 15% refund on April and May premiums (but only for policies in effect as of April 1)

And others. But FoIB Bill M alerts us to a unique effort being made by Erie Insurance to help promote local businesses, and particularly restaurants, during the lockdown:

Want to buy a restaurant or store gift card but fear being stuck if the business never reopens after the coronavirus pandemic?In a generous move in these uncertain times, Erie Insurance will add gift card and gift certificate reimbursement coverage to its 2.2 million homeowners’ policies at no cost.”

Well first, who doesn’t like free? And  more important, what a generous and useful gesture: the plan covers up to $500 in gift cards – that’s a lot of take-out (and coffee, and knick-knacks).

Nice job, Erie!

Original content copyright © InsureBlog


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