Allstate Policies

[nyc2phi]

Hey agents/brokers just as a heads up when you are competing against an Allstate policy that was written between 2012 and now, they are no longer offering a deductible on "tropical/cyclone" at 1K. Most policies will come with a percentage of the dwelling (at least in the north east area)

Not bashing Allstate (I am a captive agent my self of a different company) but I run into a lot of people saying that my rate is only comparable to theirs, until I mention the fact that its going to cost them $X if a hurrican rolls through.

Have a good weekend !

 

[blue_wynd]

Hey agents/brokers just as a heads up when you are competing against an Allstate policy that was written between 2012 and now, they are no longer offering a deductible on "tropical/cyclone" at 1K. Most policies will come with a percentage of the dwelling (at least in the north east area)

Not bashing Allstate (I am a captive agent my self of a different company) but I run into a lot of people saying that my rate is only comparable to theirs, until I mention the fact that its going to cost them if a hurrican rolls through.

Have a good weekend !

Do you know come renewal time are they getting the same deal?

 

[nyc2phi]

If they had an existing policy prior to 2012 then they are still eligible to keep the 1k deductible. Only new policies are not offered that deal

 

[Conwaylife]

pretty much all states in the SE have this at best. most carriers will give you a wind and hail deductible meaning wind damage or hail damage falls under this. Better companies will do a tropical or named storm deductible and the best do hurricane deductibles.

I think after the recent storms most of the east coast will progress to a similar format. It is a very easy selling point for sure though if you can do an all peril at 1k including storms