Why Those Auto Insurance Coronavirus Rebates Aren't All That
Perhaps you've heard that, because people are driving so much less and accident claims have plummeted during the coronavirus lockdown, your benevolent automobile insurance carrier is planning to give you a big wet kiss in the form of a refund. Well, our guest today not only gives us the lowdown on why this might be happening, but he suggests that in reality, it'll more likely be a credit rather than a check for cash.
Steven Gursten is the managing partner at Michigan Auto Law. He tells us that the amounts insurers are promising to refund pales in comparison with the decrease in actual driving…
The skinny
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