Allstate raises premiums in Georgia after “record-level storm events”Posted: May 7, 2011
Allstate is raising homeowner’s insurance premiums 23% when policyholders renew. This is half the increase Allstate sought for approval from Georgia regulators.
Allstate blames “record-level storm events over the past few years” and notes that rates in Georgia will now be comparable to rates throughout the Southeast.
For more details see AJC: “Years of storms bring higher insurance rates“