Allstate Settles Allegations of Unfair Auto Insurance Rates in California for $25 Million
Allstate Settles for $25 Million Amid Claims of Unauthorized Rating Factors
According to The US Sun, A staggering one-time payout of $25 million will be paid by the well-known insurance company Allstate to settle claims, which is huge news. Allstate was accused of charging exorbitant rates for auto insurance in California by certain individuals. They believed that Allstate determined rates based on unapproved criteria. Because of this, clients’ premiums increased. Yet, despite accepting the compensation, Allstate made no allegations about wrongdoing.
Financial Aid for Allstate Policyholders: Eligibility and Disbursement Details for California Customers
You may be eligible for financial assistance if you have Allstate auto insurance in California between July 2016 and September 2022. If you’d been a customer for a long time and had specific sorts of coverage, you might be qualified. The money will be sent to you instantly by Allstate; no forms need to be filled out. The approximate amount that each eligible person will get is $12.50, though this could vary based on the volume of applications. Allstate plans to disburse the funds by the end of the year, provided that the settlement is accepted by a judge in May 2024. You can contact the administrator by phone at or by email at if you have any questions concerning the settlement.