Making the List: Allstate achieves worst insurer status
There’s that commercial with the earnest, wise and sentorian guy talking about all the great things they do, ending with the intonation, “That’s Allstate’s stand.” A new American Association of Justice study noted here names Allstate the worst insurer.
Interestingly, Allstate’s CEO’s 2007 compensation topped $10 million for the year. That’s a lot of premium money. More to the point, it’s fair to say that Allstate has some…uh…history of being naughty.
My own experience is that some insurers are worse than others. While not all are bad news, many give injured consumers and policyholders the runaround when people make claims for their harms and losses. It’s common to hear someone in my office express surprise when Allstate or one of the other carriers fails to make good on its end of the insurance contract by, for example, failing to pay medical expenses incurred by the injured policyholder.
That’s particularly outrageous because the policyholder did what they were supposed to when they paid for the coverage. And then they get stiffed or hard-timed by Allstate. This is what we in the trenches refer to as, “Allstate’s stand.”
David Sugerman
Tags: Allstate, injury, Portland injury lawyer, sugerman