As many drivers are stuck at home because of the Covid-19 pandemic, the group said it would return £110m to its policyholders – a £25 refund for each car and van it covered as of 20 April, a total of 4.4m vehicles.
Admiral has also pledged a further £80m, mainly to reduce prices, with the biggest cuts to benefit renewing customers with above-average premiums, such as younger drivers.
Some of the money will go towards measures to support NHS staff, as well as a £4m Covid-19 support fund in south Wales, where Admiral is based.
