The Car and Truck Fleet and Leasing Management Magazine

California Consumer Group Challenges Allstate Auto Rates

November 08, 2007

SAN FRANCISCO --- Spurred by complaints from a consumer group, California's Department of Insurance is holding hearings on Allstate Insurance Co.'s car insurance rates.According to a report in Insurance Journal, the Foundation for Taxpayer and Consumer Rights has accused Allstate of overcharging drivers $300 million per year. The group contends that Allstate needs to lower its rates by 18.8 percent --- an average of $150 per car --- under existing California rules.The foundation also challenged Allstate's request for five exeptions to auto insurance rate rules.Allstate, however, has said it has already filed to reduce its rates. The company also withdrew its request to charge drivers an additional $15.5 million in premiums, Insurance Journal reported.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Robert Ferraresso joined Motorlease Corporation in 1963 in the company’s maintenance department, and was promoted to maintenance manager, operations manager, and vice president before retiring in 2006 after 44 years with the company.

Read more

Up Next

More From The World's Largest Fleet Publisher