May 11, 2020 How insurance companies are supporting those who have been affected financially by COVID-19

The COVID-19 pandemic has led to financial struggles and uncertainty for many across the country. Whether you’ve been laid off from your job or you’re an hourly worker whose shifts have been reduced — or if the pandemic has affected your finances for another reason — you might be having a hard time staying on top of your bills right now, including your insurance premiums. Insurance companies understand, and we’re taking measures to support those who are facing tough financial situations as a result of the pandemic. The Insurance Bureau of Canada announced that its member companies will take the following measures to support their customers: Drivers whose habits have changed may qualify for reduced car insurance premiums. If your driving habits have…

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