ED Magedson – Founder
Allstate Bogus Bonus Check Nationwide
After viewing my first policy renewal with itemized monthly activity, it became apparent that what Allstate is advertising is just plain bogus. They make a deposit into your account, reducing the premium amount owed by that amount. Then, they cut you a check for the same amount and raise the premium back up by that same amount. Net gain for you and me - ZERO. What a shady way to get people's business. If there has not already been a class-action lawsuit filed over it, there should be.
This report was posted on Ripoff Report on 04/26/2014 07:43 PM and is a permanent record located here: http://www.ripoffreport.com/r/Allstate/nationwide/Allstate-Bogus-Bonus-Check-Nationwide-1142032. 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.
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