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Farmers Insurance Wednesday joined a growing list of insurers giving policyholders discounts because of the challenges that businesses face from the coronavirus pandemic.
With many small businesses struggling as customers stay home, Farmers is providing relief to more than 115,000 of its business insurance customers under its Farmers Cares initiative.
The program includes:
Farmers and 21st Century customers will not need to take any action, the statement said.
“Building on our Farmers Cares initiative to assist customers, all Farmers auto customers will receive a 25% premium reduction for the month of April,” Farmers CEO Jeff Dailey said in the statement.
More insurance and risk management news on the coronavirus crisis here.