Aaa, the insurance company for people who drive or use cars, says it will refund all Americans who use travel insurance during their first three months on the job.
Aaa says its customers will get their money back after paying their premiums.
That means consumers can get their insurance at the end of their first year or after a year, whichever comes first.
It’s the first time Aaa has done so, and it comes amid the political debate over whether consumers should have to pay higher premiums to get a payout on their claims.
The company says that as of May 1, it will start refunding a minimum of $300 a month for Americans who were covered by the most recent premium for a three-month period starting in April.
The company says it plans to do this for anyone who has used Aaa’s travel insurance before the start of the third year of their employment, starting in May.
The policy expires June 30, and people can apply for it again starting July 1.
Travel insurance can cost consumers up to $1,000 a year.
For more: For consumers, this news was all too familiar.
A few months ago, Aaa said that as many as 2 million Americans may not have access to insurance coverage during the next three months, according to a report in The New York Times.
But Aaa is not the only company offering refunds to consumers.
Airlines also are offering refunds, and Aetna plans to offer a one-time refund for its own customers who used its policies for a period of at least six months.
Boeing is offering a $10,000 rebate for consumers who have been using Aetnex since at least June.
Some companies are making the case that it’s not a big deal to give people a refund, since most people who buy insurance on the government’s exchange are eligible for a refund of up to 20 percent of their premiums on their first month.
That may not sound like much, but the government says it pays out more than $2 billion a year to consumers who do not get a rebate.