fbpx

Penn National Insurance to Provide 15% Credit to Two Months of Personal Automobile Insurance Premiums, Recognizing Reduction in Miles Driven Caused by COVID-19 Stay-at-Home Directives

Donating more than 19,000 respirator masks to Geisinger Holy Spirit Healthcare

HARRISBURG, Pa.–(BUSINESS WIRE)–Penn National Insurance announced plans today to seek regulatory approval for applying a credit of 15% to two months of premiums for Personal Automobile Insurance policies in force as of April 30, in recognition of the temporary reduction in vehicle miles driven caused by COVID-19-related stay-at-home directives. The credit will automatically be applied to policyholders’ next premium balance or refunded if the premium had already been paid in full, benefiting the company’s 165,000 Personal Automobile Insurance customers.

In addition to providing refunds and premium credits to policyholders in response to the COVID-19 pandemic, the company has supported policyholders and benefited the communities where it does business in the following ways:

  • Providing an extended 30-day premium grace period to allow customers more time to pay before cancellation notices are sent, waiving late fees and reinstatement fees. The company’s Customer Contact Center representatives also have the authority to switch a policyholder to a more convenient payment plan.
  • Providing uninterrupted customer service throughout the temporary transition to working from home.
  • Donating more than 19,000 respirator masks to Geisinger Holy Spirit Healthcare to support and recognize the tireless work of all healthcare professionals.

Penn National Insurance (www.pennnationalinsurance.com), founded in 1919, in Harrisburg, Pa., sells property-casualty insurance in 11 states, through a network of more than 1,200 independent agency operations. The company wrote $749.6 million in net written premium in 2019 on $663.7 million in policyholders’ surplus, and total assets exceeded $1.8 billion. The company employs approximately 830 people in its 11-state sales and service territory.

Contacts

Christopher D. Markley, executive & corporate communications consultant, cmarkley@pnat.com. 717-255-6895. www.pennnationalinsurance.com.

 

SHARE VIA:
Facebook
LinkedIn
Twitter
Email

Sign-up for the Collision Repair daily e-zine and never miss a story –  SUBSCRIBE NOW FOR FREE!

Related Posts

Arslan Accuvision
PlayPlay
Fix Conference
PlayPlay
Fix Canada Conference
PlayPlay
previous arrow
next arrow

Recent Products

Recent Posts

Stay on top of the latest INDUSTRY news and trends by subscribing to our daily e-zine!

Our other sites

Our other sites

Days
Hours
Minutes
Seconds