Allstate Buy's Esurance

Discussion in 'General Insurance Agent Discussions' started by b61mack, May 18, 2011.

  1. b61mack
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    b61mack Well-Known Member

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    just read allstate bought esurance for a billion dollars.
     
  2. lucasr
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    lucasr Well-Known Member

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    Wow! Be interesting to see how this plays out over the next couple of years.
     
  3. Mattschmidt
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    Mattschmidt Well-Known Member

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    I am wondering how Allstate is going to balance selling their in house product, versus all the other independent carriers.....Might be a great play for them in the long run!
     
  4. Guest
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    Guest Guest

    remember Farmers bought 21 century, stictly for the online sales,

    This is the captives way to add to their bottom line.

    Best part about this is Allstate will raise rates to recoup that Billion bucks!
     
  5. Crabcake Johnny
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    Crabcake Johnny Well-Known Member

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  6. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Well-Known Member

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    Clearly...they are chasing the Big 2. This brings them closer.
     
  7. Crabcake Johnny
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    Crabcake Johnny Well-Known Member

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    "John, you're new rate is going to...."

    "Cancel my policy effective today."

    ....let's have fun. Let me run an Allstate rate for myself.
     
  8. CaptiveGuy
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    CaptiveGuy Well-Known Member

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    ...You are not going to like what you see in MD:D

    My buddy sells Encompass their rates are much better than Allstate even though Allstate is the parent.
     
  9. Crabcake Johnny
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    Crabcake Johnny Well-Known Member

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    Just ran a quote.

    Auto: $134/mo
    ($783 / 6 mo. policy, payable in 5 installments)
    Start today with a $130 down payment on credit or debit card.

    They want DOUBLE what I'm currently paying!!!!!!! LOL. They can SUCK....MY........


    Monthly Payment Reminder Home | Login


    Dear John Pe****, Policy Number: PAMD3*****



    On 05/15/2011, we'll automatically charge your MasterCard ending in **** for your scheduled monthly payment of $77.30.



    Payment due date (need an extension?)........ 05/15/2011

    Amount due.................................................. $ 77.30

    Next payment due date................................... 06/15/2011

    Next amount due............................................ $ 71.31
     
  10. Josh
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    Josh Well-Known Member

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    John, I'm sure they'll miss you.
     
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