La. Farm Bureau issuing premium credit, donating to local food banks

Louisiana

In this Tuesday, March 17, 2020, photo Patrick Minor loads food onto a delivery truck at the Des Moines Area Religious Council food pantry in Des Moines, Iowa. With the new coronavirus leaving many people at least temporarily out of work, food banks and pantries across the U.S. are scrambling to meet an expected surge in demand, even as older volunteers have been told to stay home and calls for social distancing have complicated efforts to package and distribute food. (AP Photo/Charlie Neibergall)

BATON ROUGE, La. (KTAL/KMSS) – The Farm Bureau Insurance companies are offering a variety of financial assistance measures in response to unexpected hardships for its customers and the communities it serves due to the coronavirus outbreak.

According to a news release, Farm Bureau Insurance is one of the leading providers of property and casualty insurance in Arkansas, Colorado, Florida, Louisiana, Mississippi, and South Carolina. The financial assistance measure includes a one-time estimated premium credit of $30 million to policyholders and a donation of $2.3 million to local food banks across all six states.

“Everything we do is built around helping people. Insurance is a safety net designed to provide you comfort and peace of mind in the face of adversity—and now more than ever, people need to feel that peace,” said Blaine Briggs, Louisiana Executive Vice President and State Manager.

“This is how the Farm Bureau Insurance companies can give back to the communities we serve and we are happy to help you during this difficult time.”

The Farm Bureau Insurance companies are distributing a one-time credit to all personal auto policyholders. This special credit is based on 15 percent of two months auto premium paid for each vehicle covered—an estimated value of about $30 million. No action needs to be taken by the customer to receive this special assistance. The Farm Bureau Insurance companies will simply credit their customers’ next invoice after the program begins.

Farm Bureau’s founding mission is to feed and support the families who put food on our tables. In an effort to hold true to the core values of its organizations by providing relief to communities in a time of need, the Farm Bureau Insurance companies have jointly decided to donate $2.3 million to local food banks across six-states.

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