Farm Bureau Insurance to issue credits on auto insurance.

Farm Bureau Insurance to issue credits on auto insurance.

LANSING — Michigan Farm Bureau announced that it will give back $8 million in premium credits to its personal auto policyholders.

“Our company has maintained our dedication and commitment for putting members, including our auto insureds, and Michigan’s first responders, communities, and children, first during this pandemic,” said Farm Bureau Insurance CEO Don Simon. “As we continue to navigate the impacts of the pandemic, we remain committed to overcoming this crisis together.”

Farm Bureau Insurance will issue a premium credit of $8 million for all renewing personal auto policies, pending regulatory approval. Every personal auto policyholder will receive a 10% premium credit on two months of premium due at renewal. Policyholders do not need to take any action to receive the credit; it will happen automatically at renewal.