We Giveth But We Also Taketh Away, Just Like God

 
Car crash

“As driving behaviors evolve during the COVID-19 pandemic, XYZ Insurance Company is working to reduce auto rates in every state. The national average for those rate reductions is 11%, saving customers a total of approximately $2.2 billion.

“‘Current driving data and claims experience show a considerable decline in miles driven and fewer accidents,’ said XYZ Senior Vice President Kristyn Cook-Turner. ‘As a result, we’re looking for ways to continue supporting our customers while we monitor and adjust to trends.’

“‘On the flip side, we’ve also noticed that a lot more of our customers are getting sick and dying,’ Cook-Turner continued, ‘so we’ll be correspondingly increasing premiums for health and life insurance.’

“‘You win a few, you lose a few.'”

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