LAS VEGAS (June 3, 2020) – In its ongoing commitment to helping AAA Members prevent, prepare for and recover from life’s uncertainties, AAA Nevada announced $37 million in additional refunds to auto policyholders – complementing the approximately $100 million in refunds announced in April. Today’s announcement represents a 10% premium refund for an additional 46 days, through June 30.
“Our members haven’t been driving as much since stay at home orders went into effect so we’re extending our refund program to reflect that fact,” said Tim Condon President and CEO of AAA Northern California, Nevada & Utah. “Longer term, we will work to ensure our members’ auto premiums will fairly reflect their driving behavior and claims frequency.”
In April, AAA Nevada announced a 20% premium refund for two months after the beginning of widespread shelter-in-place orders (March 16 – May 15). The additional 10% premium refund reflects current and projected driving and claims data as restrictions begin to lift across the country and people begin driving more.
Members with an active policy as of June 30 will receive an additional refund of auto premiums (refunds are available everywhere, except where prohibited by law). Members do not need to take any action to receive their refund. The company will begin to issue the refunds in mid-July and expects the process to be completed within 30 days. Please see our FAQ for additional detail.
- If a member has made a payment since our previous premium refund event via debit card, credit card, or electronic funds transfer (EFT), they will receive their refund directly back to that method of payment.
- If a member has not made an electronic payment since our previous premium refund event, or their previous payment was made via any other form of payment (cash, personal check, etc.), or if they are unable to receive an electronic refund for any reason, they will receive their refund as a check via U.S. Mail.
- If a member used the payment assistance option, they will receive a credit applied evenly over each bill remaining in their policy term.
- If a member updated their policy to reflect changes to their driving habits since March, their premium refund is the difference between their total premium refund to date minus what has already been applied to their policy based on that update.
About AAA Nevada
AAA has a proud history of serving Members for over 100 years. AAA is on a mission to create Members for life by unleashing the innovative spirit of 4,000 employees representing 6 million Members across Northern California, Arizona, Utah, Nevada, Montana, Wyoming and Alaska. In addition to legendary roadside assistance, AAA offers home, auto and life insurance, and extraordinary travel services. According to Via Magazine’s Smart Guide, being a AAA Member can save you more than $1,200 a year. Learn more at AAA.com.