15 Apr State Farm, Geico, Progressive, and Allstate: Being Good Neighbors During the COVID-19 Crisis
America’s large insurance companies aren’t fond of 2ndVote values. Allstate (2.14), GEICO (1.43), and State Farm (1.29) rank no higher than 2.14 in our database. These companies undoubtedly lack respect for America’s traditional values with such low scores. Of the four companies we’re highlighting today, only Progressive is close to neutral, at a 2.71.
However, all of these companies have stepped up during the COVID-19 economic crisis. They are giving a combined $6.1 billion to their customers over the next few months, according to media reports. This represents over 50 percent of car insurance policyholders in America.
At 2ndVote, we believe in putting American values first. None of the above companies do this well – and only Progressive shows any desire to respect your religious liberty, the importance of marriage, and putting your children’s future in your hands instead of a bureaucrat’s.
However, we also believe in charity and the power of positive reinforcement. This includes showcasing when bad companies do good things. And while getting insurance rebates and credits won’t save anyone from being evicted or missing a mortgage payment, every dollar goes a long way these days.
Ironically, these companies are responding to the market, giving money back because fewer people are driving. We urge them to do this all the time – to focus on excellent customer service and creating a strong economy, not on subverting America’s traditional values.
This post is part of 2ndVote’s coverage of business charity during the COVID-19 public health, social, and economic crises. We are highlighting companies large and small which are doing their part to help their communities.