The Hartford Extends Its COVID-19 Personal Auto Payback Plan
July 07 2020 - 7:30AM
Business Wire
Company continues to support its auto customers
during pandemic by extending a 15 percent return of premium through
June
The Hartford is extending its COVID-19 Personal Auto Payback
Plan through June. The plan originally provided customers with a 15
percent credit on their April and May personal auto insurance
premiums. Extending the plan through June brings the total amount
the company will distribute to its customers to approximately $80
million.
“We are pleased to continue to provide additional relief to our
customers during the pandemic,” said The Hartford's President Doug
Elliot. “Although parts of the country are reopening, many of our
personal auto customers are still spending much less time on the
road than they did before the pandemic began. We believe our
customers should benefit from the overall decrease in miles driven
and accidents.”
The Hartford will continue to work with state insurance
departments to make these additional credits available as quickly
as possible. The company intends to issue the credit to all
personal auto insurance customers with policies in force as of June
1, 2020. No action is needed from customers, the credit will occur
automatically.
About The Hartford
The Hartford is a leader in property and casualty insurance,
group benefits and mutual funds. With more than 200 years of
expertise, The Hartford is widely recognized for its service
excellence, sustainability practices, trust and integrity. More
information on the company and its financial performance is
available at https://www.thehartford.com. Follow us on Twitter at
@TheHartford_PR.
The Hartford Financial Services Group, Inc., (NYSE: HIG)
operates through its subsidiaries under the brand name, The
Hartford, and is headquartered in Hartford, Connecticut. For
additional details, please read The Hartford’s legal notice.
HIG-P
Some of the statements in this release may be considered
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. We caution investors that these
forward-looking statements are not guarantees of future
performance, and actual results may differ materially. Investors
should consider the important risks and uncertainties that may
cause actual results to differ. These important risks and
uncertainties include those discussed in our 2019 Annual Report on
Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the
other filings we make with the Securities and Exchange Commission.
We assume no obligation to update this release, which speaks as of
the date issued.
From time to time, The Hartford may use its website and/or
social media outlets, such as Twitter and Facebook, to disseminate
material company information. Financial and other important
information regarding The Hartford is routinely accessible through
and posted on our website at https://ir.thehartford.com, Twitter
account at www.twitter.com/TheHartford_PR and Facebook at
https://facebook.com/thehartford. In addition, you may
automatically receive email alerts and other information about The
Hartford when you enroll your email address by visiting the “Email
Alerts” section at https://ir.thehartford.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200707005445/en/
Media: Michelle Symington 860-547-5385
michelle.symington@thehartford.com
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