At least two auto insurance companies say they will refund Americans some of their monthly premiums as millions stay at home due to the coronavirus outbreak.

The New York Times first reported Tuesday that insurers Allstate and American Family Insurance say they plan to refund part of customers’ monthly fees, a response to savings the industry is reaping as a result of fewer cars being on the road.

In a statement released on American Family Insurance’s website, company executives said that the refund would amount to a one-time credit of $50 per vehicle for customers.

“We are taking the unprecedented action to help our customers by providing a one-time $50.00 payment for each personal automobile insured with us through our premium relief payment. Why? Because with fewer cars on the road these days, there are less miles being driven and that means there will be fewer accidents,” the company said. FULL STORY HERE