If you’re a driver in Rhode Island you’ve probably heard by now that Progressive Insurance Company agreed to repay approximately $2 million to current and former Rhode Island customers. Why? Over a period of five years, Progressive Insurance Company improperly charged some Rhode Island drivers for their car insurance policies. The Rhode Island Department of Business Regulation and Progressive Insurance entered into a consent agreement in February 2019 which amounted to money being reimbursed to potentially 4096 Rhode Island policyholders that were affected. In addition to the reimbursement, Progressive agreed to pay a fine of $10,000. As personal injury attorneys in Rhode Island and Massachusetts, Tapalian Law works with large insurance companies on a daily basis negotiating on behalf of injured car accident victims. The negotiation process is a constant back and forth battle to get fair compensation for our clients who have truly suffered harm in a car accident caused by one of these big insurance companies insured. The insurance companies want to compensate those injured in a car crash as little as possible to protect their bottom line. For Rhode Island personal injury lawyers, it’s a reminder of how unfair a fight it is for an individual to go up against a powerful company on their own and how important it is to have an experienced car accident attorney like David Tapalian on your side to make the fight a fair one.
Progressive Not the First Auto Insurer to Pay Out to Rhode Island Drivers
To a large, national company like Progressive Insurance, $2 million is a drop in the bucket. But to the consumer, some who struggle to make ends meet each month, the refund will be a welcome reprieve. Progressive is not the first insurance company to pay out to Rhode Island drivers. As reported by WPRI in 2018, Esurance Property and Casualty Insurance Company agreed to pay $223,963.40 to 279 Rhode Island policy holders as a refund for surcharges made in error on the part of Esurance. Auto insurance companies that advertise heavily frequently enter into consent agreements and usually do not admit liability and keep the fine out of the public eye.