MEDIA RELEASE
For immediate publication

 

La Capitale offers a premium reduction to all its auto insurance clients

Quebec City, April 7, 2020La Capitale Insurance and Financial Services is offering all its automobile insurance clients a reduction applicable to their insurance premiums for private passenger and commercial vehicles. 

“The collective effort by Quebec residents to respect the COVID-19 confinement measures is having a tangible impact on the frequency of automobile losses. This reduction in risk should be reflected in the premium our insureds pay. As a result, La Capitale will offer a premium reduction to all our clients with automobile insurance,” announced Jean St-Gelais, Chairman of the Board and Chief Executive Officer of La Capitale Insurance and Financial Services.

This measure applies to all clients, whether or not they reduced the distance they usually travel. La Capitale considers that those who continue to drive as much as previously are likely doing so because they are frontline workers playing a role in supporting the public. 

“This is why we want everyone to benefit from this premium reduction, including our “guardian angels” and other workers providing essential services, as well as our seniors,” added Jean St-Gelais.

This reduction, which will be equal to 20% of the monthly auto premium, will apply as of April 1, 2020 and will cover the whole confinement period currently being experienced. Clients don't need to make a request; details on the reduction will be available shortly on lacapitale.com. For more information, contact your damage insurance agent affiliated with La Capitale.

La Capitale is aware of the different realities facing its insureds and asks those for whom this amount is not needed to donate an equivalent amount to the Red Cross or to the Véro & Louis Foundation, which advocates for those with autism, a cause supported by La Capitale.

In line with the mutualist values La Capitale has held for nearly 80 years, its mission is to protect what its members hold most dear: their health and that of their loved ones, their financial security and their property. Our commitment still holds in this time of unprecedented turbulence. La Capitale will continue to guide and provide service to its clients and its members.

About La Capitale

La Capitale Insurance and Financial Services, created in 1940, has a strong presence across Quebec and throughout Canada. With over 2,800 employees and guided by the values of mutualism on which it was founded, La Capitale works with clients to build, protect and value what they feel counts for their financial security. It offers insurance products and financial services to the general public as well as to Quebec public service employees. With assets of $8.8 billion, La Capitale occupies a choice position among leading insurers in Canada.

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Source:
Jean-Pascal Lavoie
Media Relations and Public Affairs Advisor
418 747-8053
418 559-7738