123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

“the View On Car Insurance Hike In Georgia”

Profile Picture
By Author: rkmseo
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the Georgia insurance Commissioner Ralph Hudgens, the Allstate Company has proposed hike in insurance rates, overall Allstate has proposed to raise about 25% and it will be in action from 22nd of May.
According to Hudgens this increase in rate is just an average so all the policy holders should be prepared for even more. As per reports, Ralph is concerned over this he also said that the law prohibits him from stopping this increase unless it is proved that this increased rate is excessively high.
The reports say that on Monday Hudgens told his staff to examine the matter seriously by filing under the state law, and if he finds the rate excessive high, he will take each and every measure which will be allowed to act.
According to the reports, Georgia adopted file and use system in the year 2008 in order to promote competition and lower rates among insurance companies. The State Insurance Commissioner had to approve each rate increase which insurers had proposed. Now, what is happening is that insurer are filing their rate with the state which will go into effect, however commissioner can review ...
... the rates in order to check whether they are more or less.
Allstate insurance is the state’s second largest automobile insurance company. In a event Allstate Spokesperson Daniel Groce said, that we have adjusted the rate properly for the danger they assumed and also make sure to protect our policyholders from uncertainties. He also made the customers aware that if they face any kind of problem they should immediately consult the Allstate agent in order to get exact information of the coverage and by the help of the agents the customers can also avail discounts according to their stage or circumstances.
Overall the Allstate policy holders of Georgia should check the available options left with them during this increased phase.

Total Views: 461Word Count: 310See All articles From Author

Add Comment

Insurance Articles

1. Explore Microsoft Software Solutions With Vexil Infotech
Author: vexil infotech

2. Vexil Infotech: Your Trusted Partner For Nbfc Loan Management Software
Author: vexil infotech

3. Why Choose Business Loans Over Other Options?
Author: Capital Business

4. A Comparative Analysis Of Dedicated Piccolo And Home Insurance Plans
Author: musicinstrumentsins

5. Common Perils Faced By String Instrument Owners
Author: victor12johnson

6. The Strategic Importance Of Financial Advisory In India's Growing Economy: Trends, Challenges, And Future Prospects
Author: Drishti Desai

7. The Hidden Costs Of Health Insurance
Author: Algates Insurance

8. Explore The Journey Of Saxophone From Raw Brass To Musical Beauty
Author: micheljordan4

9. Comparing Comprehensive Home Insurance Plans: Tips For Uae Residents
Author: Stephan Rose

10. Oboe Vs. Bassoon - A Feud As Old As Time Itself
Author: musicinstrumentsins

11. Secure Your Inventory With Comprehensive Music Dealer Insurance
Author: victor12johnson

12. The Role Of Insurance In The Orchestra's Financial Harmony
Author: micheljordan4

13. How Ai Can Transform The Future Of Music?
Author: musicinstrumentsins

14. Mastering The Brass Player's Secret Weapon - The Embouchure
Author: victor12johnson

15. Term Life Insurance
Author: Bimastreet

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: