Tag: Allstate homeowners insurance

US insurance company Allstate issues catastrophe losses and new rates report

G. Turner
US insurance company - Business - Reports

The insurer has published its February 2024 report on its catastrophe losses and implemented rates. The US insurance company Allstate Corporation (NYSE symbol ALL) recently released its catastrophe loss data for February 2024. In the report, it announced its catastrophe losses were lower than the reporting threshold The US insurance company’s announcement showed data that illustrated that the insurer was under the $150 million reporting threshold for that month. The data shared by the insurer in a recent news release also delved into its rate increase for the auto coverage…

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Allstate intends to phase out Esurance auto insurance brand

Julie Campbell
Esurance Auto Insurance - goodbye sign

The insurer has revealed its plans to hang up the brand eight years after having first acquired it. Eight years after purchasing Esurance auto insurance and homeowners coverage, Allstate has decided to divest itself of the brand. According to Allstate’s chief exec, Tom Wilson, the insurer is making the preparations necessary to say goodbye to the brand. The insurer has decided to continue the sale of the policies while phasing out the brand name. Allstate will still be selling the same home policies and Esurance auto insurance coverage the brand…

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Wilkes-Barre tornado victims get helpful tips and advice from Allstate

Nordstrom
Wilkes-Barre tornado - Tornado Damage

The insurer reached out to residents of the township to offer them safety and coverage tips. Allstate issued some important advice to those affected by the Wilkes-Barre tornado last week. It reminded customers that their safety should come before anything else when returning home. Homeowners may be keen to assess possible damage, but Allstate reminds them to be cautious. The Wilkes-Barre tornado caused notable damage to the township. That said, the Allstate report reminds customers that when they return home, the damage may create unexpected dangers. Therefore, homeowners should first…

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Home insurance policies should be reviewed as holiday shopping begins

Nordstrom
homeowners home insurance policies christmas holidays

Even before the Christmas tree goes up, coverage should be consulted to be sure it’s enough. The last thing a homeowner wants to do is to make a claim on home insurance policies over the holiday season. However, this coverage can play an integral role in putting things right if the worst should happen. The risks of peril and of loss usually spike over the holidays. Therefore, homeowners are being advised to make sure the coverage they have is enough for their needs. Burning candles, piles of gifts, icy sidewalks…

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Allstate home insurance is getting cheaper in California

Julie Campbell
allstate homeowners home insurance rates

The insurer and the state commissioner have agreed to reduce the rates for homeowners coverage. Dave Jones, the California Insurance Commissioner, has now come to an agreement with Allstate Insurance Company and Allstate Indemnity Insurance in order to decrease the rates being paid by home insurance customers in the state. In fact, the homeowners insurance rates for California Allstate customers will drop by an average of 12.6 percent. For Californians who have home insurance through Allstate, this decision represents a decrease of an average of $230, each. The reduction in…

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