ED Magedson – Founder
Allstate Insurance CompanyNationwide USA
Allstate Insurance Company Raised rates for no reason Nationwide
I've been with Allstate for 9 years, 3 years under my parents and the past 6 on my own. My monthly premium was at $130 and has been set up to auto-pay. I discovered a 2 weeks ago that they raised my monthly payment to $195 with no notice and they had withdrawn 1 payment of that much the previous month and were set to do so for the current month the next day. I immediately called the 1800 number to ask why. The lady that answered the phone couldn't help me other than to cancel the scheduled auto-pay. She transfered me to a different lady in their customer retention department who informed me that there was nothing she could do when I told her that I didn't have an extra $65 in my monthly budget to pay the ridiculous increase that no one had an explanation for. Her response was "oh well if you can't pay within 7 days we will send you a notice saying you have 10 days to pay before your account is cancelled". Which I still haven't received by the way. I did some research into my account on my own and found out I had been switched to the state required minimum coverage and was shocked that they were going to charge me $195 a month for that. Especially when I have no tickets, no accidents, and no claims with them. I started shopping around and was even more shocked that I could get the exact same coverage with Progressive for only $60 a month and much better coverage for only $110 a month. I even had a friend who worked for Allstate look at my account and she had no idea why I was being charged so much. Needless to say I have switched to Progressive and am still waiting for Allstate to cancel my account like they said they would. Again I recieved no notice whatsoever of the rate increase, because I would have swithed immediately, before they could take the first $195 payment out of my account. In fact I haven't seen or spoken to my agent since I got my own policy with him 6 years ago.
This report was posted on Ripoff Report on 08/06/2015 11:36 AM and is a permanent record located here: http://www.ripoffreport.com/r/Allstate-Insurance-Company/nationwide/Allstate-Insurance-Company-Raised-rates-for-no-reason-Nationwide-1246819. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.