Insurance Premiums
Printed From: Unofficial Allis
Category: Other Topics
Forum Name: Shops, Barns, Varmints, and Trucks
Forum Description: anything you want to talk about except politics
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=170398
Printed Date: 21 Aug 2025 at 7:44am
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Insurance Premiums
Posted By: Alberta Phil
Subject: Insurance Premiums
Date Posted: 21 Apr 2020 at 11:15pm
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I got a nice e-mail from my health care insurance provider yesterday telling me that because of a significant reduction in claims to be paid out due to the Covid 19, they are reducing our monthly premiums by 25%!!  I just talked to a friend of mine and he told my he will be getting a refund on part of his auto insurance premium due to a reduction in claims because no one is driving much! Any of you guys getting this "bonus" too?
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Replies:
Posted By: shameless dude
Date Posted: 21 Apr 2020 at 11:53pm
| nope |
Posted By: JohnColo
Date Posted: 22 Apr 2020 at 12:52am
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Farmers Union hasn't called me yet, still waiting... |
Posted By: mdm1
Date Posted: 22 Apr 2020 at 4:29am
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We got $50.00 a vehicle! Ya hoo! Anyone get a stimulus check? ------------- Everything is impossible until someone does it! WD45-trip loader 1947 c w/woods belly mower, 1939 B, #3 sickle mower 1944 B, 2 1948 G's. Misc other equipment that my wife calls JUNK! |
Posted By: omahagreg
Date Posted: 22 Apr 2020 at 6:24am
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Yes, $50 per vehicle from American Family ------------- Greg Kroeker 1950 WD with wide front and Freeman trip loader |
Posted By: chaskaduo
Date Posted: 22 Apr 2020 at 7:35am
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Are those full coverage or liability policies? ------------- 1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp |
Posted By: weiner
Date Posted: 22 Apr 2020 at 12:36pm
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Two months reductions of 20% each month from USAA (4 cars) ------------- Real heros wear dogtags, not capes. |
Posted By: john(MI)
Date Posted: 22 Apr 2020 at 12:41pm
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Just got he statement for the auto ins. It's $200 less than the last time, but MI did some ins. readjustments so that is probably the reason. Phil, why do you have Health Ins? ------------- D14, D17, 5020, 612H, CASE 446 |
Posted By: Tbone95
Date Posted: 22 Apr 2020 at 12:57pm
MI insurance reform does not come into effect until July.
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john(MI) wrote:Posted By: Alberta Phil
Date Posted: 22 Apr 2020 at 7:56pm
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We have provincial health coverage provided for seniors by Alberta Health for basic stuff. I have Alberta Blue Cross which is an additional plan that I pay a small premium for. It covers most meds, hospital costs, dental, eyeglasses etc that Alberta Health doesn't cover. |
Posted By: omahagreg
Date Posted: 22 Apr 2020 at 8:24pm
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One of our vehicles is liability only and one is full coverage. Same rebate no matter ------------- Greg Kroeker 1950 WD with wide front and Freeman trip loader |
Posted By: Coke-in-MN
Date Posted: 23 Apr 2020 at 9:42am
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Same with Liberty Mutual - said a refund from them on auto ins ------------- Life lesson: If you’re being chased by a lion, you’re on a horse, to the left of you is a giraffe and on the right is a unicorn, what do you do? You stop drinking and get off the carousel. |
Posted By: HD6GTOM
Date Posted: 23 Apr 2020 at 10:06am
| I just sent them $1020.00 for 6 months insurance on vehicles. I hope they return some. There is some talk about pausing health insurance premiums untill folks get back to work, but they would still have coverage. |
Posted By: Tbone95
Date Posted: 23 Apr 2020 at 10:28am
Well Tom, you don't say how many vehicles, what vehicles, and what type of coverage, so pretty vague. Here in MI, before any pandemic related rebates or our "pending" insurance reform coming this summer, I'd say an average priced vehicle, even as it gets up to 8-10 years old, if you still want to cover it fully, $500 collision deductible, will still cost you ~$125 per month! So that's $750 per vehicle for 6 months. We have the most expensive insurance in the 50 states. Not sure where we will be after the "reform" kicks in.
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Posted By: Bill_MN
Date Posted: 23 Apr 2020 at 10:44am
------------- 1951 WD #78283, 1918 Case 28x50 Thresher #76738, Case Centennial B 2x16 Plow |
Posted By: chaskaduo
Date Posted: 23 Apr 2020 at 4:21pm
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Even got $50 for my Motorhome. (American Family) ------------- 1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp |
Posted By: steve(ill)
Date Posted: 23 Apr 2020 at 7:32pm
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Here in MI, before any pandemic related rebates or our "pending" insurance reform coming this summer, I'd say an average priced vehicle, even as it gets up to 8-10 years old, if you still want to cover it fully, $500 collision deductible, will still cost you ~$125 per month! So that's $750 per vehicle for 6 months. In ILLINOIS i had full coverage on a 2013 F150 and a 2019 Ford Flex and they were $750 EACH for a year ............ and i just got about 30% knocked off of that by switching to PROGRESSIVE. ------------- Like them all, but love the "B"s. |
Posted By: Tbone95
Date Posted: 24 Apr 2020 at 8:13am
So, about half price. Yep, I lived in OH for about nine years. Insurance was ~60% of what we'd been paying in MI for the same vehicles.
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Posted By: Bob D. (La)
Date Posted: 24 Apr 2020 at 5:46pm
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Just got a rebate from Shelter mutual on my pickup, full coverage was $526 for 6 months. Rebate was $139.00. ------------- When you find yourself in a hole,PUT DOWN THE SHOVEL!!! |
Posted By: FREEDGUY
Date Posted: 24 Apr 2020 at 7:11pm
You people haven't experienced life until you've been involved with "NO FAULT" insurance premiums in MI. 
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