TORONTO--(BUSINESS WIRE)--Travelers Canada, the Canadian arm of The Travelers Companies, Inc. (NYSE: TRV), today announced it is extending its Stay-at-Home Auto Premium Credit Program to provide its personal auto insurance customers with an additional 15 per cent credit on one month’s premium. This follows the 25 per cent credit previously announced by the company in response to the impact that the COVID-19 pandemic has had on the driving environment.
The company will automatically credit customers’ accounts. Those who pay by monthly installments will receive the automatic credit on a future bill. Customers who have already paid in full will receive a payment via a mailed cheque.
The Stay-at-Home Auto Premium Credit Program is part of the company’s COVID-19 response initiatives. Travelers has offered billing relief to customers, accelerated payments to eligible brokers, and pledged $5 million to assist families and communities affected by the COVID-19 pandemic across North America and internationally. The company also continues to work with individuals experiencing financial hardships to offer solutions based on their unique circumstances.
About Travelers Canada
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately US$32 billion in 2019. The Travelers Insurance Company of Canada, Dominion of Canada General Insurance Company and St. Paul Fire and Marine Insurance Company (Canada Branch) are the Canadian licensed insurers known as Travelers Canada. For more information, visit www.TravelersCanada.ca.