Boycott Allstate

[thompsebby]

Just received a notice from Allstate that they are dropping us... we live here... going on 4 years, one & 1/2 mile from the beach... WMBB just broadcast a report saying how Allstate is dropping many policies in FL... is a boycott from the rest of their insurance in order - auto, etc.?

 

[JB]

But, but, they're the good hands people :roll:

Yeah, good at sticking a hand up your kazoo.

 

[yippie]

They non-renewed all my neighbors policies. AND non-renewed my business liability insurance as well!

I'll never insure ANYTHING will Allstate again. I even switched my car insurance to Nationwide because they didn't non-renew my homeowners! That is hopefully where my business will be written as well.

 

[InletBchDweller]

They dropped my Homeowners ins. also and I am 1/2 mile from the beach. I am now paying double. I have never filed a claim with them. I was soooooooo aggravated. I was told that there was nothing that could be done that the insurance commissioner of Florida approved them dropping many of their clients. Looks like we won the same lottery, just not the right one!!

 

[Scooter]

I promise that I will never use All State.

 

[Scooter]

Actually, I'm a State Farm girl. Been with State Farm for 19 yrs. They are the best. :clap_1:

 

[Smiling JOe]

So who are you going to use? Allstate is not the only one dropping policies. Nationwide and State Farm have been dropping homeowner's policies left and right in the state of FL.

 

[Beach Runner]

A lot of people in our town got screwed by Allstate after the December hailstorm. They refused to pay, whereas all of the other companies paid.

Of course, all of the premium renewals have gone up - our insurance premium after the hailstorm went up 37%!!!!! There's no such thing as a free lunch, much less a paid-for free lunch. LOL.

When my husband went to pick up our daughter's car from the first available appointment we could get for hailstorm repair since we got back from the beach on January 2, the body shop doubled the price. We still haven't gotten our roof fixed - waiting on the contractor. I'm anticipating on a few surprises (aka price increases) on that.

Let's face it - insurance companies are in the business of taking your money and avoiding paying you for what you're paying for.

 

[beachmouse]

Allstate renewed us with a nice 50% premium increase. Scary thing is that they're still cheaper than State Farm for us even with the increase. We're about 50 feet above msl, so I suspect that's why we're easier to insure than many beach folks.

And we're actually pretty happy about how easy they were to work with when we had to file a claim over freak lightning storm damage a couple years ago. Our claims list was such that there should have been a fraud flag go up (lots of exotic electronics) but they covered our claim with no questions asked.

 

[SHELLY]

I can't say I'm surprised at what's happening out there with insurance--I pretty much saw this trainwreck coming several months ago--the next shoe to drop is the Citizen's clean-up.

Will $1 million + homes be dropped from Citizen coverage? How much more will second/vacation home owners be charged over primary homestead property owners (25% or more)? How will the inability to secure, and excessive cost of, home insurance play out in the real estate markets? Will Florida state homeowners be miffed when they discover they've ALL got to pay 6% to bail out Citizens for 2004...AND will they get more miffed when they have to pay out an ADDITIONAL 10% to bail out Citizen's for the 2005 losses?

(The "home insurance" part of the "cost of paradise" was contained in a teeny-tiny footnote.)