Motor Renewal Discount as a result of COVID 19.
It has been a challenging year and we want to continue to support and serve our customers in a meaningful way.
AIG is applying an additional 4% discount to all customers on their premium at renewal. This applies to private car policies that fall for renewal from 1st May 2021 to 30th April 2022. Hence, private car policies renewing from 1st May 2021 to 31st July 2021 will receive a combined 8% discount and policies renewing from 1st August 2021 to 30th April 2022 will receive a 4% discount.
We want to ensure the benefit of lower motor claims costs, arising from reduced driving activity during the COVID-19 lockdown is passed through to our customers.
*Please note that this excludes speciality niche schemes.
In addition to the measures we have announced on our website supporting our customers through the COVID-19 pandemic, AIG is continuing to serve and support our customers, by passing the benefits of lower motor claims costs, arising from reduced driving activity during the COVID-19 lockdown through to our customers in the most appropriate ways, including a competitive motor quote at renewal.
AIG believes the most meaningful way to offer value to our customers is not by one-off rebates but through the renewal cycle. We are offering our customers a 4% discount on their premium at renewal. This applies to private car policies that fall for renewal with AIG between 1st August 2020 and 31st July 2021.
*Please note that this excludes specialty niche schemes.