Agricultural News
AFR Insurance Auto Policy Customers Receive Coronavirus Refunds
Wed, 20 May 2020 08:29:45 CDT
AFR Insurance automobile policy customers statewide will receive premium refunds related to COVID-19. Oklahomans from all parts of the state have expressed worsening financial stress due to the state's economic shutdown and increased unemployment. In response, AFR Insurance is providing refunds to its automobile policyholders through the AFR Cares Auto Relief Program.
"AFR Insurance has a long history of standing by our customers in time of need," said AFR Insurance CEO Jon Srna. "The AFR Cares Auto Relief Program is our way of showing appreciation and hopefully easing our customers' financial burden."
Through the AFR Cares Auto Relief Program, AFR Insurance is refunding five percent of annual premiums for all of the company's more than 38,000 automobile customers. This policyholder refund ranks among the best in the industry nationwide. In addition, AFR Insurance had already extended payment grace periods and suspended all fees for late payments and nonsufficient funds.
AFR Cares Auto Relief Program refunds are five percent of annualized premiums, regardless of policy term. Both personal and combination automobile policies qualify for the refund, but policies must have been active on April 30, 2020.
AFR Insurance provides automobile, home, farm and life insurance with an emphasis on quality products and exceptional customer service.
Affiliated with Oklahoma Farmers Union, AFR was established in 1905 and is headquartered in Oklahoma City. The organization is actively supportive of Oklahoma's agricultural industry and rural population, and provides educational, legislative and cooperative programs across the state. AFR Insurance is available statewide and is recognized as a leading domestic insurance carrier serving communities throughout Oklahoma.
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