Recognizing that many customers are driving their vehicles less as a result of shelter-in-place actions, Mercury plans to giveback 15% of monthly premiums for April and May 2020. This applies to all Mercury Private Passenger Automobile policy holders.
Customers will receive their Givebacks in the same manner their premiums were paid. As soon as we receive guidance and approval from the Department of Insurance, we expect to begin processing the payments. The Giveback Program will not impact agent commissions.
Mercury recognizes we are in an unprecedented time and would like to reiterate our commitment and support to you and our shared customers. We appreciate the work you do and want to thank you for your continued partnership. If you have questions about these changes, please contact your Mercury Marketing Representative.
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