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Richard C. Kraemer Professor of Finance Sreedhar Bharath answers whether car insurance companies have given consumers big enough refunds during the coronavirus pandemic.
Richard C. Kraemer Professor of Finance Sreedhar Bharath answers whether car insurance companies have given consumers big enough refunds during the coronavirus pandemic.
In this story published Nov. 11, 2020, on WalletHub:
People are driving less and still many people are out of work who had not been in February. That should decrease demand. But at the same time, car insurance has become cheaper (because people drive less), and more people are staying away from public transportation. That could potentially increase demand.
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