Erie Insurance will provide $200 million in dividends directly to personal and commercial auto insurance customers in DC and the 12 states where their insured lives. This immediate relief represents about 30 percent of your monthly auto insurance premium for a two-month period or 5 percent of your annual premium. You can calculate your dividend using this simple equation: your annual premium as of April 1, 2020 multiplied by 0.30 and divided by 6. The annual premium can be found on your most recent auto insurance declarations page. Customers with auto insurance policies in force as of April 1st, should have received a check from Erie Insurance in mid-May 2020.
Remember, if you do have to go out, be sure to be safe. If you have been injured in a car accident and need legal representation, Omena Law Firm is here to help you. Please give us a call at 301-363-1604.