I applied for a job at Allstate once. While they did not hire me, they DID take my address off the application and proceed to bombard me with junk mail.
Oh my, what will Kanye think!!
Allstate doesn't like paying any claims.
Letter to my represenative and senators dated September 9;
Dear ,
The government needs to be compensated by people who intentionally live in disaster prone areas.
Every year there will be earthquakes in earthquake prone areas, there will be floods in areas purposely built and maintained below sea level, and there will be hurricanes in hurricane prone areas.
It is not proper that citizens in other states who purposely chose to live in areas not affected by these natural disasters be required to support the foolish whims and desires of others who want to live in a “beautiful place” that has natural dangers that reoccur.
I request that congress develop laws necessary to impose a “Natural Disaster Surcharge” on the insurance of properties in areas of the country that have been affected by natural disasters requiring federal funds to be spent for ensuing recoveries.
Such a surcharge would compensate the government for funds spent over a period of time and would only be fair for the country as a whole since those wanting to live in a disaster prone area would be required to pay their way for that privilege. This would also allow government to prepare financially for the next natural disaster.
Sincerely,
If you did not have flood ins, then it is your problem, not the insurers problem.
Democrats?.. (Eddie Murphy laugh)...
Will they change their name to Allstate Excluding Mississippi?
Hood names in the lawsuit Mississippi Farm Bureau Insurance, State Farm Fire and Casualty Co., Allstate Property and Casualty Insurance Co., United Services Automobile Association (USAA) and Nationwide Mutual Insurance Co.
Hood is asking a judge to restrain the insurance companies from denying coverage based on the water damage exemption. He said agents often failed to explain the exemption to policy buyers, who assumed they were covered for all damage caused by a hurricane.
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Meanwhile, Richard "Dickie" Scruggs, brother-in-law of U.S. Sen. Trent Lott, R-Miss., and the architect of Big Tobacco litigation, said Thursday that he will sue insurance companies refusing to cover homeowners' losses.
Scruggs, now based in Oxford, has set up shop at the Scruggs Center, a mansion he renovated in downtown Moss Point.
Pascagoula Police Lt. Paul Leonard and his wife, Julie, are among Scruggs' clients. Nationwide Mutual Fire Insurance Co. has denied the Leonardes' insurance claim in writing. The letter adds, "It appears that your loss was caused by water or water-borne material."
Scruggs said, "This is typical of the letters and stories I've been hearing daily over here."
Public policy in Mississippi requires insurers to pay when any part of the damage is a covered loss. In this case, homeowner policies that cover damage caused by wind can't be denied when the damage involved wind-driven water, Scruggs said.
He said a homeowner has so far prevailed under this policy in a case on appeal to the Florida Supreme Court.
The insurance industry maintains Hood's legal action is doomed to fail.
Property insurance companies don't charge a premium for flood insurance and don't have the reserves to pay for flood damage, said Loretta Worters, vice president of the Insurance Information Institute, an industry trade association.
"Unfortunately," Worters said, "many residents chose not to purchase flood insurance."
The flood exemption has been part of homeowner policies since the National Flood Insurance Program's inception in 1968, she said.
"If there's going to be a change," Worters said, "you can't do it midstream."
If this flies, it will set a precedent, and contract law in this country is dead.
I left Rape-a-State a long time ago but I don't believe they should be held responsible for something that wasn't in the policy.
Read the fine print.
Maybe that's why some of the houses had fires - some of those homeowners weren't so stupid.
I just finished payin a $917.00 bill for Flood Insurance. I've had the policy since 1978. I've never had a claim. But I'm in a flood zone, so I have the insurance. I also have a homeowner's policy. I don't really mind having two policies. I'm fortunate to be able to afford them. That said, I must be out of my mind to be paying that kind of money when I could just sue my homeowner's company! What the #ell was I thinking? Bottom line - homeowner's insurance doesn't cover flood damage. Never has. Live with it.
Allstate wouldn't cover the property damage I suffered due to last year's mountain flooding here in California. I didn't have flood insurance. It cost me $20k.
My bad.
I assume that all homes that still have mortgages on them have banks that require adequate insurance. It's often the people who've paid off their home who underinsure.
My father always said, "Your in good hands with Allstate, until you try to collect on your policy".
NO WONDER Police are taking guns from empty homes. They're afraid homeowners will come home, pick up Mr. Saturday Night Special, and pay a visit to their Allstate agent.
Anyone living in an area with the possibility of flooding should carry flood ins. If they didn't, don't pay on flood damage. The problems will really arise over what is flood and what is other damage.
We live in a zone that is supposed to be ripe for a quake, although all we have ever had is tremors. I insisted on quake extra coverage and my husband doesn't want it because it is 35-40 dollars a year extra. We do have it, because I insisted. For that price, why take a chance and be sorry later.
vaudine