Friday, 30 March 2007
Allstate To Review Cancelled Louisiana Policies
Allstate has agreed to review almost 4,000 homeowners insurance policies it canceled last year in Louisiana.
At the end of last year, Allstate reviewed 40,000 homes in Louisiana with “drive-by” inspections — sending out roughly 4,000 policy cancellation notices because the homes were determined abandoned. The drive-by checks lasted only seconds, and some inaccurately determined the real status of a home.
Jim Donelon, the state’s Insurance Commissioner, received hundreds of complaints claiming they did not abandon their houses and had their policies unfairly cancelled.
Allstate has agreed to review the cancelled policies and will reinstate them if residents can prove they want to live in their homes.
“These customers will now have until April 30 to notify Allstate of their desire to have their policies reinstated,” said Michael Siemienas, a spokesman for Allstate.
Technorati Tags: Homeowners Insurance Louisiana Insurance
