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Insurance Commissioner: Mississippi...

Insurance Commissioner: Mississippi drivers to receive over $60 million in insurers’ credits

By: Magnolia Tribune - April 23, 2020

Insurance Commissioner Mike Chaney

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 (MID).

“I am happy to approve these premium reductions so that Mississippians receive discounted rates,” said Insurance Commissioner Mike Chaney. “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.”

Currently, the 13 insurers have notified MID of their credit programs. See the graphic below.

For additional updates regarding auto premium discounts, MID refers residents to its Coronavirus webpage.


Release from Mississippi Insurance Department.

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Magnolia Tribune

This article was produced by Y'all Politics staff.