NYCM Insurance, a property and casualty insurance carrier based in New York, has unveiled plans to issue a credit to around 230,000 of its auto policyholders.
These policyholders will get a 15% credit back from their April and May premiums on 30 April 2020.
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The credit will be mailed to the address on the users’ policy.
Moreover, the firm has put a halt to cancellation notice for non-payment of premium. It will “continue to do so until further notice”, noted the firm.
At the same time, it is offering alternative payment options to help customers navigate the challenges caused by the Covid-19.
The firm is currently leveraging digital tools to evaluate damage to homes and vehicles.
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By GlobalDataNYCM Insurance president and CEO V. Daniel Robinson said: “We are actively finding ways to continue to support essential employees and local communities, whom we are indebted to, however we want to also give back to our valued customers for doing their part in slowing the spread of COVID-19.
“It is our responsibility to protect our customers, no matter the circumstance.”
NYCM Insurance has a presence in Edmeston that serves as its base as well as Sherburne, Canajoharie and Orchard Park.
The business has staff strength of more than 850 and over 1,200 independent agents.
