I have been with Allstate for over 15 years. I bought a house in 2006 and had a good premium from Allstate. Apparently they "check" your credit every 3 years, and my recent policy reflected a 102% increase! I expected a minor increase because I unfortunately had to file a claim for a slab leak this past December. I called my rep, and he said it was because of my credit. All three of my credit scores are over 700.
I did my research and discovered that a car loan from 2006 was showing as paid after bad debt/in default. I contacted Ford Motor Credit, and they told me that after my dad filed bankruptcy in 2005, the loan he co-signed was automatically placed in default, even though the payments were NOT late and the car was paid off three months early. I am currently fighting them, but even after I showed Allstate proof of this, they refuse to reinstate my prior premium. Nothing else on my credit is bad. Nothing. No late payments. Great credit-to-debt ratio.
When I appealed the increase, they denied it, saying that I had not had an "extraordinary life event that caused me to have bad credit!" My mortgage is seriously going to go up, and I am worried about being able to make ends meet. I am a divorced mom of one and a teacher. Does anyone know the contact info for the Allstate CEO? I swear I will take this to the top. But how can an "ordinary Jane" hope to battle the big boys like Ford Motor Credit and Allstate? I am so tired of fighting for everything.
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