Live Insurance News

Allstate car insurance rates shift into reverse

January 27, 2021January 26, 2021 Marc

Allstate car insurance rates - hand on gear knob

The Good Hands insurer swam against the premium-reduction current last year but is changing directions. Last year, Allstate car insurance rates didn’t experience the same reductions as many other national auto insurers were offering in 2020. Many insurers made their coverage cheaper to reflect the reduced driving trends resulting from the pandemic. The national auto insurer recently announced that it was changing directions with its premiums. Allstate car insurance rates are being cut in a number of large states across the country. In this way, the insurer is joining Progressive,…

Car insurance savings from pandemic likely to disappear and rates may rise

September 17, 2020September 16, 2020 Marc

Many insurers are likely to begin requesting rate increases, particularly in states such as Florida. Millions of drivers across the United States have been benefiting from car insurance savings in different forms since the start of the pandemic crisis. Some insurers issued refunds, while others provided rebates and yet others lowered their rates. That said, it appears that rates may be returning to normal and some may even be increasing. A recent ABC Action News report pointed to at least one major insurer that would be seeking to raise auto…