Insurance companies should do more to help customers

| November 17, 2020 1:00 AM

It is nice that the auto insurance companies have been sending back some premiums, but they should be sending back more to ease the financial suffering caused by this pandemic — this pandemic which has made them a ton of money.  

Premiums are the the revenue and accidents are the expenses. A direct proportional relationship exists between the amount we drive and the number of accidents. By some estimates we have driven a minimum of 50% less over the last 8 months, but I have not heard of anyone canceling their insurance.  

The auto insurance companies are killing it and sending back a few premiums is not enough.