The rate increase will be effective for new Allstate customers in the state on September 12, 2022, and current customers will see the increase in their renewals beginning October 16. (Credit: Diego M. Radzinschi/ALM)
Georgia Insurance and Safety Fire Commissioner John F. King has released an alert for consumers that Allstate Property & Casualty Company has filed an overall statewide automobile rate increase of 25% on their policyholders in the state.
Georgia has a dual-rate filing system that governs automobile insurance rates established in Georgia State Law. Under the system, the insurance commissioner only has the authority to approve or disapprove minimum limits policy filings, while all other filings can go into immediate effect under what is known as "file and use." The Allstate rate increase falls into the "file and use" category, not requiring the commissioner's approval or disapproval.
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