Mississippi drivers to get more than $60 million back from auto insurers

From the Mississippi Insurance Department:

Mississippi drivers will receive credits totaling $60,815,207 from auto insurers after a number of companies have filed requests with the Mississippi Insurance Department.

“I am happy to approve these premium reductions so that Mississippians receive discounted rates,” said Insurance Commissioner Mike Chaney in a statement. “Many people are not driving as much right now because of shelter-in-place, emergency declarations and working from home. It only makes sense to discount what people are paying for automobile insurance and to provide them some financial relief.”

The following chart shows the companies that are reducing premiums in Mississippi. For a complete look at how the companies have responded, visit the MID website.