Attention Peach State drivers: Allstate car insurance will go up 25%

ATLANTA, Ga. (WDEF) – Georgia Insurance Commissioner Ralph Hudgens issued a consumer alert Monday to inform Allstate Property & Casualty Insurance Company policyholders that the insurer filed an overall statewide automobile rate increase of 25 percent.

It will be implemented on May 22, 2016.

Hudgens warns policyholders that the 25 percent figure is only an average rate change for the entire state, and that many policyholders should be prepared to see a rate change as high as 58.3%.

On Monday, Commissioner Hudgens directed Georgia department staff to initiate a professional level examination of the Allstate filing to determine if the rate increase is defendable under state law. If the results of the examination show that the filing cannot adequately support the increase, he intends to take every measure allowed to him by law to protect policyholders.

The Georgia Department of Insurance recommends that policyholders discuss the reasons for the increase and options available to them with Allstate. These options could include revising deductibles, reviewing coverages needed or comparison shopping to find the right mix of coverage and price.

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