{"id":19664,"date":"2020-04-21T04:56:56","date_gmt":"2020-04-21T09:56:56","guid":{"rendered":"https:\/\/www.midwestfarmreport.com\/?p=19664"},"modified":"2020-04-21T04:57:00","modified_gmt":"2020-04-21T09:57:00","slug":"rural-refunding-some-premiums-to-policyholders","status":"publish","type":"post","link":"https:\/\/www.midwestfarmreport.com\/2020\/04\/21\/rural-refunding-some-premiums-to-policyholders\/","title":{"rendered":"Rural Refunding Some Premiums To Policyholders"},"content":{"rendered":"\n
Rural Mutual Insurance Company, based in Madison, takes pride in
being knowledgeable about its local Wisconsin communities and neighborhoods. The COVID-19 pandemic has caused uncertainty and financial challenges for everyone. <\/p>\n\n\n\n
To help ease some of this financial burden, Rural Mutual is refunding 15% on two months of personal auto premiums to all active policyholders as of March 31, 2020.<\/p>\n\n\n\n
This, in combination with the Rural Mutual Farm Dividend Program, will return approximately $3.5 million to customers in 2020. <\/p>\n\n\n\n
Since Rural Mutual only does business in Wisconsin, this monetary support
will go directly to local families, farmers and small businesses in Wisconsin.<\/p>\n\n\n\n
No action is needed by their customers. Customers can expect to see these refund checks in the mail in the coming weeks. <\/p>\n\n\n\n
As a result of Wisconsin\u2019s shelter-in-place order, people have been driving less and Rural Mutual has received fewer auto insurance claims over the past month.<\/p>\n\n\n\n
\u201cWe are fortunate to be in a position to give back to our customers in a time when they need us most,\u201d said Dan Merk, Rural Mutual executive vice president and CEO. \u201cYou don\u2019t often see insurance companies give premiums back in the form of a refund, but I think many in the industry are stepping up and realizing this is the right thing to do.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"