To Our Valued Clients,
Considering the impact and interruption the coronavirus COVID-19 outbreak is having on businesses, families, and life in general, the insurance industry is taking measures to help policyholders concerning premium payments. The resulting shutdowns, social distancing, and shelter in place measures are having a significant financial impact, and continuing to make insurance payments is essential for many.
Insurance Commissioner, Ricardo Lara, issued a notice yesterday that ALL insurance companies provide their policyholders with at least a 60-day grace period to pay insurance premiums. This is directed to all admitted and non-admitted insurance companies that provide insurance coverage in California including, life, health, auto, property, casualty, and other types of insurance.
Carriers are also taking independent grace period measures, non-renewal notice measures, and cancellation notice measures to better assist their policyholders. We will share this information as it becomes available, but we also recommend you take proactive measures to research the position of your specific carrier(s).
Furthermore, considering mail and insurance carrier options may be limited, you can make payments via our website (
www.bowermaster.com
) by clicking on
Pay Now
in the top menu. We will ensure your payments are transferred accordingly.
Please stay tuned for more as we will share updates as we receive them.
Adam Bowermaster
President
