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Allstate Drops 10,000 Customers in South Carolina

Insurance giant will drop customers who don't have Allstate auto coverage, have older houses and insure their homes for less than $220,000.

 

About 10,000 insurance customers in South Carolina will find that they are not in "good hands" with Allstate.

The insurance company plans to drop customers who don't have Allstate auto coverage, have older houses and insure their homes for less than $220,000, according to the Post and Courier.

Allstate spokesman Tracy Owens told the paper it was a difficult decision but the company needs to drop the customers to remain financially strong for all its customers.

With 140,000 policies, Allstate is the second-largest writer of homeowner insurance in South Carolina, second to State Farm's 300,000 policyholders, the article states.

Related Topics: Allstate, Customers Dropped, Insurance, and South Carolina

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JoSCh

8:30 am on Thursday, July 12, 2012

Pretty much all private insurance is.

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stanley seigler

11:47 am on Thursday, July 12, 2012

think this devil's name is either 'ruthless capitalism' or 'unregulated free market'...this devil 'works in mysterious ways'...eg, many good, bright, T-GOPs (the new age republican) embrace this devil...

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stanley seigler

11:52 am on Thursday, July 12, 2012

PS
the devil truly is in the details of one's ideology...one's party line.

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Jonathan Allen

11:52 am on Friday, July 13, 2012

@Chiver — is it wrong that I read your comment in Dennis Haysbert's voice

lib

6:03 pm on Wednesday, July 11, 2012

Had Allstate for 35 yrs. Had hail damage, 1.75". Allstate refused to pay. Neighbors, at least 7 or more had damage, different companies, they paid. Allstate said no damage. I had to have roof replaced, it started leaking.

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