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Ripoff Report | Allstate Insura Review - Lake Geneva, Wisconsin
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Report: #704458

Complaint Review: Allstate Insurance - Lake Geneva Wisconsin

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  • Reported By: regulus1 — lake geneva Wisconsin United States of America
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  • Allstate Insurance allstate.com Lake Geneva, Wisconsin United States of America

Allstate Insurance Allstate rip off. Never missed payment. Perfect driving record yet doubled my rates on account of flawed credit Lake Geneva, Wisconsin

*Consumer Comment: State law allows credit score to be used

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Allstate insurance ripoff! I have a perfect driving record. Have been with Allstate for 20 years and never missed a payment. My credit took a hit recently on account of loss of work. Allstate raised my insurance from $63 a month to $84 so I went to my local office and had my deductibles raised to make my bill more affordable. That lowered my rate to $54.99 a month. One month later I got a bill for $94.17. These crooks raised my insurance again...even after I raised my deductibles! This is highway robbery. Insurance rates are suppose to be based upon your driving record...NOT your credit record!

This report was posted on Ripoff Report on 03/09/2011 08:48 AM and is a permanent record located here: https://www.ripoffreport.com/reports/allstate-insurance/lake-geneva-wisconsin-53147/allstate-insurance-allstate-rip-off-never-missed-payment-perfect-driving-record-yet-dou-704458. 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

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#1 Consumer Comment

State law allows credit score to be used

AUTHOR: T. farnsworthy - (U.S.A.)

POSTED: Monday, March 14, 2011

Sorry to hear of your troubles. FYI, Wisconsin state law allows insurance companies to use credit scores as part of their formulas for evaluating potential risk. Search for "pi-204.pdf" at the Wisconsin Office for the Commissioner of Insurance (can't post the link here) for more information. While it's not against the law, I agree that it's distasteful. You might check your credit reports from the three big agencies to see if they have any incorrect information that could be negatively impacting your insurance rates. You might also shop around to see what kind of comparable rates available from the other insurance companies or brokers. There’s no sense showing loyalty to a company that isn't returning the favor. Good luck!

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