Covid 19 coronavirus: AA Insurance to refund $19.5m to motor policy customers – New Zealand Herald
AA Insurance has begun issuing $19.5 million in refunds to over 400,000 customers with motor insurance.
The insurer said everyone who held a personal motor policy with AA and paid premiums between 24 March 24 – 13 May 2020 will get back approximately 42 per cent of the policy’s base premium during that time.
A premium rebate was announced in April after AA received fewer motor claims during the Covid-19 lockdown.
Chris Curtin, AA Insurance chief executive, said that in extraordinary times,…