Allstate Says it Can Drop Basic Hurricane Coverage in La.

July 26, 2006

  • July 26, 2006 at 9:31 am
    tsntyler says:
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    Looks like the good hand has a finger sticking up!

  • July 26, 2006 at 2:21 am
    Lee says:
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    I pity the poor Allstate policyholders. Would you like to live anywhere in the US without wind coverage? Next they will exclude fire in CA, hail in CO, tornados in the midwest and south…. I hope no one, any where, will buy a policy from them ever again. Won\’t the shareholders be happy then???

  • July 26, 2006 at 3:11 am
    Baffled says:
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    This is just another in a series of ridiculous Allstate manuevers. Not paying claims, when they do, they try to underpay, then declare how \”good\” they are with a $1.2 B of ill-gotten gains. Scum.

  • July 26, 2006 at 3:46 am
    Barry Chaffin says:
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    It seems to me that the American way is turning from working for a living to make a honest living to where will my next free handout come from. I ask \”ask not what your country can do for me but what can I do for my country? Quit all the crying and if you need flood insurance work and buy it and if you cant read your policy you need to go back to school.

  • July 26, 2006 at 3:48 am
    Bubba Boudreaux says:
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    Let us hope that a bunch of American Agency System companies go down to La. and \”gut\” the Allsate market share.

  • July 26, 2006 at 3:57 am
    Baffled says:
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    My claim was an auto claim and had nothing to do with Living, working, anything else. It was pure and simple Allstate GREED. If you represent them, I can understand why with your simplistic approach to this and probably other issues.

  • July 26, 2006 at 3:59 am
    Anonymous says:
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    My claim was two auto claims caused by their drivers..and had nothing to do with Living, working, anything else during the hurricanes. It was pure and simple Allstate GREED. If you represent them, I can understand why with your simplistic approach to this and probably other issues.

  • July 27, 2006 at 10:52 am
    ATS says:
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    Folks, all this complaining about Allstate is truly stupid. If you don\’t like them so much, you should do something very, very simple: don\’t buy their products.

    Which, in Louisiana, is precisely what Allstate wants you to do. You\’d be doing them a favor.

    Why all the hue & cry in face of such a simple solution? Because no one else will sell a policy? Did you ever consider that perhaps there is a reason? That perhaps Allstate is being forced to do YOU a favor by selling you that policy, not vice versa? Why should they be forced to do you a favor?

    P.S.: I realize that a third party auto claim isn\’t under your control. But windstorm loss (which is what this about) certainly is.

  • August 2, 2006 at 1:52 am
    Holmes says:
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    Allstate pulled policies of people in New York and other east coast areas as well, because of \”possible hurricanes.\” What\’s next? They will pull policies of people who live in areas with thunder storms because of \”possible lightening strike?\”

  • April 13, 2007 at 11:43 am
    Louisianian says:
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    As of April 11, 2007, Allstate let me know they are cancelling our hail and wind coverage although we do not live on the coast and are dropping this after we will have had them for three years which is against state law. They claim their cutoff date is 23 days before we will make 3 years.

    No other companies are offering us insurance in this area north of I-12 and a 40-60 minute drive from the nearest coast. So now we are forced to get a more expensive local company or the state plan which is way more expensive.

    Yes, they should make a profit, but their is such a thing as an excessive profit when you make money by taking an excessive cut of the money from the given risk in addition to overhead administrative fees. These companies are ripping customers off en masse, and not just on the immediate coast.

    I agree that coastal areas should have exorbitant fees to cover those risks, but inland as far as we are is just doing a disservice to the citizens who live near but not too close to the coast which is a large portion of Americans.



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