Posted by DSD Insurance an Acrisure Agency Partner on
As you’ve probably heard by now . . . Allstate Insurance has made a difficult and disrupting business decision. They ARE NOT RENEWING coverage for policyholders in CA, LA, FL,NJ, and NY. You may be affected by this.
As with anything, there is both “Good News” and, unfortunately, some “Bad News” here.
The “Bad News”? Allstate has, as have many other insurance companies, suffered serious losses due to the claims they’ve been covering in the western United States and in the southeast states where above average claims have been filed – and paid – following serious damage from hurricanes, tornadoes and flooding.
While Allstate has paid all insured claims as promised, they have concluded that exposing their company assets to further risk of having to pay catastrophic claims in the future is not in the best interests of Allstate’s stakeholders, shareholders and policyholders.
The “Good News”? Allstate will likely offer you coverage again . . . in the future. But, for now, they are not willing to renew certain kinds of coverages. That’s unfortunate. But, it’s also not the “end of the world”.
As we’ve said repeatedly, DSD Insurance is your “partner for life”. Allstate may not be available to help you. But DSD Insurance –– an Acrisure Partner –– most definitely is. And THAT . . . is truly Good News!
DSD is an Acrisure® partner agency. Acrisure® is one of the top 10 insurance brokers in the world. DSD knows all the carriers who are gladly serving the Independent Distributor community. So, please DO NOT WORRY!
Your current Allstate coverage will remain in place until your renewal date. DSD Insurance will be in touch with you BEFORE your coverage endsto help you find the best coverage available at the best price possible. We’re your “partner for life”. We’re sticking by you and we thank you for sticking with us. We’ll be in touch!