Okay, Allstate leadership laid off all these thousands and thousands of employees to be competitive with the Big Dogs of insurance (Geico, Progress, etc.) but we are still waiting to see this wonderful prices.
5 replies (most recent on top)
Terrance and Glenn both need to be fired. How much market share can Allstate stand to lose with these two nitwits running the brand into the ground.
If that retention number keeps deteriorating, Tommy and Glen can kiss those margins goodbye......and the market cap as well...
When you are giving c-ap service vs. competitors and asking your clients to do all of the work.... NO..5 percent is not even close to make their current product worth the money.....
I used to be insured by Allstate at their best and I am currently insured by Geico....
Geico leaves Allstate in the dust in more than price...their claim service is at a different level and Allstate is OK with claim service going backwards as long as the expense ratio improves....
So you tell me what is the better value....Allstate....or another carrier that is priced significantly lower that will also give you what you need on the backend....
An easy answer for most consumers...
According to Crain's, Allstate has cut automobile insurance rates on average 5%. Is the 5% not enough? As we all know , TW does not like giving up margin on his auto product. Moreover, in addition to the 5% another 7% was given to the direct clients. What more could Allstate leadership do?
They are only trying to be competitive for new business ONLY!!
They will continue to ride the backs of those loyal customers who will continue to pay more and more for c-ap service...they p@@s on loyal customers as shown in the consumer reports expose on their pricing system...
Anyone who has long tenure with Allstate needs to shop around. They will save 25 to 50 percent guaranteed with another carrier and will get 10 times the service......
If they want to continue with Allstate cancel all current policies and come back in as new business.....and receive that lower rate they are using to bring in new business....
Beat allsnake at their own games..