Allstate to drop rates by 14 % if...

[Smiling JOe]

[FONT=arial,helvetica,sans-serif] Allstate Plans to Drop Rates

[/FONT][FONT=arial,helvetica,sans-serif]Jennifer Turk (jturk@wmbb.com)[/FONT]
[FONT=arial,helvetica,sans-serif] [/FONT][FONT=arial,helvetica,sans-serif]News 13 on your side[/FONT]
[FONT=arial,helvetica,sans-serif] [/FONT][FONT=arial,helvetica,sans-serif]Tuesday, March 13, 2007[/FONT]
[FONT=arial,helvetica,sans-serif](full story)

[/FONT][FONT=arial,helvetica,sans-serif]State officials with Allstate says they will drop rates by 14% by later this summer. They lower rates will come to customers if state regulators approve.[/FONT]

 

[30A Skunkape]

That is truly great news!:clap_1:

 

[TooFarTampa]

That is truly great news!:clap_1:

Sort of. The Legislature's solutions were supposed to produce greater cuts than this. When rates have doubled and in some cases tripled in the past five years, a 14 percent cut isn't a lot. It was expected to be closer to 25.