Coronavirus: Will Car Insurance Be Free

Coronavirus: Should Car Insurance Be Free at this difficult time. At this point everyone is aware of the COVID-19 and all the uncertainty that has come with it. Jobs that were last month secure are now at risk, people are stockpiling food and essential supplies, and everything we all take for granted, including the freedom to come and go as we please has, for now been taken away. It looks like we are heading towards complete economic / financial collapse.

As a result, the Government, as well as some energy companies in the UK are offering some relief to people who are struggling. Those include help with Mortgage payments (freezing payments), and help with energy bills (Electric - Gas) in the form of smaller payments.


So my question is: Should the car insurance companies be helping out also, by offering free or heavily discounted car insurance for existing customers due to the fact that people are going to start having difficulty paying. I mean, it's the least they can do. They've been robbing car owners for many years with ridiculously high premiums. It's time to give back a little. I have just read that some insurers are offering as much as a 75% discount for NHS workers, which is great. But what about the rest of us.

They should, at minimum, be offering everyone a few months at half price for those who pay monthly. I did get an email from my Car Insurance provider last week, which talked about the Coronavirus, but failed to mention anything relating to helping out their customers by offering some financial assistance. I wonder if companies like Admiral, AXA, RAC, Co-Op and Aviva will announce something soon. I'd like to think they would, but I won't be holding my breath.


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