Tag: allstate policyholders

Allstate’s 30% Condo Insurance Hike Sparks Consumer Concern

Live Insurance News
Allstate Condo Insurance

California condo owners are bracing themselves as Allstate, one of the state’s major insurance providers, plans to raise its condo insurance rates by an average of 30% starting in April. This significant increase, authorized by the California Department of Insurance, has left many policyholders questioning how the change will affect their wallets—and what it signals about the broader insurance market. What Condo Owners Need to Know About Allstate’s Rate Changes If you’re one of the approximately 78,000 Allstate condo insurance customers in California, here’s what you can expect. The rate…

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Allstate warns policyholders of home break ins spike at this time of year

Julie Campbell
Home Break Ins - Mayhem - The Social Media-Savvy Burglar - Allstate Insurance YouTube

The insurance company is reminding its customers to be vigilant throughout December. December is often the month with days in which there is most likely to be home break ins, according to a reminder from Allstate Insurance. In Texas, for example, the first of the month is traditionally the busiest for burglars breaking into houses and apartments. According to the insurer, this trend has been ongoing, driven by a rise in holiday shopping. With Thanksgiving, Black Friday, and sometimes Cyber Monday falling on or before December 1, that day has…

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Progressive and Allstate come to settlement about patent use

Nordstrom

Allstate Corp and Progressive Corp, the auto insurers, have reached a settlement for a patent dispute that had been occurring between the two insurance giants, which was over technology that allowed the companies to alter a driver’s premiums based where, how, and how frequently he or she drives. The dispute began when Progressive filed a lawsuit against Allstate, claiming that the latter had infringed on patents and trademarks owned by the former, which are a part of “usage-based” insurance. Progressive released a statement that explained that some of its patent…

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