Allstate Insurance Virus Integrity Grade = A

Allstate Insurance Virus Integrity Grade = A 

We're all sheltering at home, and that means we're driving a lot less, generating fewer insurance claims for our auto insurance companies to process and pay.  It's quite a windfall for the insurance industry, and credit Allstate for their first mover decision to voluntarily return a portion of driver premiums to their customers, right at a time when people need the money the most.  Their decision to share this windfall with customers created enormous pressure on their competitors to follow suit, and they have -- Geico, Progressive, State Farm and others all announced within days their intent to refund a portion of auto premiums for a 3 month period, sometimes up to 20 and 25%.  It will mean billions of dollars for all of us. Smart business.