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allstate hurricane ripoff
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fathersrights
Oct 18, 2007, 11:58:02 AM10/18/07
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Allstate put a 5% deductable on all Louisiana homeownwers insurance, raised
premiums by several hundred dollars, and then automatically raised the
coverage values on the policies which further raised the 5% deductable
amount.WHAT THAT MEANS IS THAT THE 5% WOULD HAVE PAID FOR A ROOF REPLACEMENT
. In one stroke allstate has eliminated any liability for what is the major
damage affect from a hurricane. The next hurricane will result in MANY more
abandoned homes! Despite the hurrican Allstate still made profits and all of
the other years with no hurricanes they banked even higher profits which
should have been set aside for any future losses to prevent raising
premiums or starting this unconscionable ripoff.
premiums by several hundred dollars, and then automatically raised the
coverage values on the policies which further raised the 5% deductable
amount.WHAT THAT MEANS IS THAT THE 5% WOULD HAVE PAID FOR A ROOF REPLACEMENT
. In one stroke allstate has eliminated any liability for what is the major
damage affect from a hurricane. The next hurricane will result in MANY more
abandoned homes! Despite the hurrican Allstate still made profits and all of
the other years with no hurricanes they banked even higher profits which
should have been set aside for any future losses to prevent raising
premiums or starting this unconscionable ripoff.
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