AllState: Better Economy Means More Driving and More Accidents, Leads to Increased Rates

If you’re in the good hands of AllState or took advantage of Geico’s 15% savings on auto insurance, you may be seeing a rate increase. Both companies announced rate increases on auto insurance policies. Allstate attributes their rate increase to an increase in accidents brought on by more driving due to a better economy. Read more about both companies’ increases: http://www.insurancejournal.com/news/national/2015/05/04/366720.htm