Tire Industry Association (TIA) member benefits partner Federated Insurance has announced a COVID-19 Client Relief Credit program to provide customers with premium reductions.
According to TIA, the 15% credit "will go towards Business Auto premiums, Auto Dealer/ Garage Coverage Part premiums and/or Businessowners Policy (BOP) premiums from March 15 to June 15, 2020. Policy holders will see the relief credit automatically applied in the upcoming months."
Policies must be in force at the time the credit is applied, and actions are subject to regulatory approval.
TIA membership gives businesses access to Federated Insurance’s property and casualty, workers’ compensation and life and disability insurance policies.
For more information about Federated Insurance, the COVID-19 Client Relief Credit and other Federated Insurance Covid-19 resources, visit https://www.federatedinsurance.com/home.