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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