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Drivers May Soon Get More Money Back on Their Car Insurance

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Drivers May Soon Get More Money Back on Their Car Insurance


Excited woman with cellphone
Photo by Twinsterphoto / Shutterstock.com

If you welcomed last year’s givebacks on your car insurance, you’ll be happy to know the breaks on those costs may not be over. After the pandemic prompted Americans to be at home more and behind the wheel less, most major car insurers returned around 15% of drivers’ premiums for some months of 2020. The givebacks totaled roughly $14 billion. Consumer advocates applauded the move — but also said…

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