04/06/2020
VERY proud to represent Allstate! We just announced that we are giving back 600 million to our clients as a result of the pandemic and the fact that people are driving less. Nobody made us do it, nobody had to sue. We simply did it on our own because it was the right thing to do. People are always asking corporate America to step up and not always put profit first. Well, this is a great example. Not insured with me? You should be. If you are a client make sure to have the Allstate App downloaded to get your money faster. Work has to be done with state regulators to get this done, but they are working on that as fast as they can.
From the letter I received this morning...
"We have helped customers rebuild their lives after catastrophes for 89 years, but nothing has been like the coronavirus pandemic. That said, our learnings still apply: act quickly and put people first. As a result, today we are taking actions to show customers what it means to be in Good Hands.
This crisis is pervasive. Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback of more than $600 million over the next two months. This is fair because less driving means fewer accidents. We are also providing free identity protection for the rest of the year to all U.S residents who sign up, since our lives have become more digital.
Shelter-in-Place Payback
Allstate, Esurance and Encompass personal auto insurance customers will receive a Shelter-in-Place Payback. Most customers will receive 15% of their monthly premium in April and May, totaling more than $600 million. Customers will receive the money back through a credit to their bank account, credit card or Allstate account. The fastest way for customers to receive this payback is to utilize the Allstate Mobile app. We are working with state insurance regulators to move forward expeditiously."
NORTHBROOK, Ill., April 6, 2020 – Allstate (NYSE: ALL) is providing a Shelter-in-Place Payback to help its personal auto insurance…