Allstate and Allstate New Jersey Not Applying Tropical Cyclone and Hurricane
Deductibles for Customers in Northeast and Several Mid-Atlantic States Heavily
Impacted by Sandy
NORTHBROOK, Ill., Nov. 5, 2012
NORTHBROOK, Ill., Nov. 5, 2012 /PRNewswire/ --Allstate and Allstate New
Jersey announced that tropical cyclone and hurricane deductibles on property
policies will not be applied for Northeast and several Mid-Atlantic states
heavily impacted by Sandy. In determining whether the deductibles would apply,
Allstate and Allstate New Jersey followed the standard process of analyzing
the National Weather Service data and policy provisions by state.
Based on the applicable deductible criteria in our policy provisions, tropical
cyclone and hurricane deductibles will not be applied for customers in New
York, New Jersey, Delaware, Virginia, Maryland, District of Columbia,
Pennsylvania, Connecticut and Rhode Island.
All peril deductibles will apply.
"This decision will hopefully provide some additional measure of comfort and
relief for our customers who are struggling to get back on their feet after
this devastating storm," said Thomas J. Wilson, Allstate chairman, president
and chief executive officer. "This is when Allstate's employees and agents
really shine. Our catastrophe team and mobile claim centers are on the ground
in hard-hit areas helping our customers assess their losses, file claims, find
temporary shelter, and tend to basic needs. The good hands of Allstate are
reaching out across all the communities impacted by Sandy and we will be
supporting our customers on the long road to recovery."
Allstate and Allstate New Jersey policyholders whose homes or automobiles have
been damaged or destroyed by the recent storm can contact Allstate or Allstate
New Jersey by visiting their local agent, calling 1-800-54-STORM, visiting a
Mobile Claims Center, or logging onto Allstate.com.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held
personal lines insurer. Widely known through the "You're In Good Hands With
Allstate®" slogan, Allstate is reinventing protection and retirement to help
nearly 16 million households insure what they have today and better prepare
for tomorrow. Consumers access Allstate insurance products (auto, home, life
and retirement) and services through Allstate agencies, independent agencies,
and Allstate exclusive financial representatives in the U.S. and Canada, as
well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's
commitment to strengthen local communities, The Allstate Foundation, Allstate
employees, agency owners and the corporation provided $28 million in 2011 to
thousands of nonprofit organizations and important causes across the United
Allstate New Jersey Insurance Company services more than 450,000 households in
the state of New Jersey. Widely known by its slogan "You're In Good Hands With
Allstate®," Allstate offers insurance products (auto, life and retirement) and
services through Allstate New Jersey agencies, independent agencies, and
Allstate exclusive financial representatives. As part of Allstate's commitment
to strengthen local communities, The Allstate Foundation, and the corporation
provided over $320,000 in 2011 to local nonprofit organizations.
Contact: April Eaton, +1-847-402-5600
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