How much is the safe bonus check from Allstate?
The Safe Driving Bonus provides a credit to Allstate insured drivers that do not have a claim within a specified policy term (at least 6 months). The allotted credit is up to 5% of the policy insurance premium, applied to your renewal policy.
If you pay $500 for six months of car insurance, you are eligible to receive a $25 credit for your next six-month policy term. Therefore, you would only have to pay $475 for your next six months with Allstate.
Check option is just an enhancement to Existing Safe Driving Bonus. In the Safe Driving Bonus check program, you will receive an actual check for the amount you earned during your term as a safe driver. The 5% credit would be mailed to you in the form of a check whether you renew or not.
In insurance buzz, Geico, the online auto insurer owned by Warren Buffett's Berkshire Hathaway Inc., surpassed Northbrook-based Allstate in 2013 in auto premiums collected. While, Bloomington-based State Farm Insurance Cos. remains the largest auto insurer in the U.S. by a large margin. Read more at ChicagoBusiness.com.
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