Auto Insurance Premiums Big Digital-First Shift
PYMNTS
APRIL 23, 2020
The coronavirus has forced a reckoning with daily financial life, with belt-tightening and budgeting. As Preston told PYMNTS, the math is fairly simple: “People just drove less, so they ended up saving.” It stands to reason that the risk of accidents declines when the vehicles (and the drivers piloting them) are off the roads.
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