Message to Pennsylvania Motorists: Don't Hope So, Know So
October 01 2009 - 11:01AM
PR Newswire (US)
Allstate Survey: Many Drivers in Pennsylvania are Unsure about What
Their Auto Insurance Covers MALVERN, Pa., Oct. 1
/PRNewswire-FirstCall/ -- Does your auto policy cover you if your
laptop is stolen out of your car? How about if you leave your car
running while you run into a store and it gets stolen? Or you hit a
pothole and it causes the frame of your car to bend? Of drivers
surveyed in Pennsylvania 61 percent believed their auto policy
covers them if personal items are stolen from their car, when in
fact that is covered under a homeowners or renters policy. Only 32
percent of respondents thought they were covered if they left their
car running and their car was stolen. And, while 53 percent of
drivers knew they would be covered if a pothole causes the frame of
their car to bend, 33 percent thought it would be covered under
comprehensive, when in fact, it would be a collision claim. A new
survey commissioned by Allstate Insurance Company entitled, "Don't
Hope So, Know So," asked drivers a series of questions about which
coverages they currently have, and if those coverages would protect
them in various accident scenarios. The survey found that many
consumers in Pennsylvania were confused about the coverage they
had, the type of insurance they carried, and how high their
deductibles were. In fact, 91 percent of drivers who initially felt
confident in their auto coverage had their confidence drop by 24
points after taking the survey. "These survey results underscore
the need for Pennsylvania consumers to be better educated about
their policies and what they mean," said Meredith Joseph, Senior
Communication Consultant for Allstate. "We hope these results will
get people thinking about just how protected they are if the
unforeseen occurs." Of the drivers polled, 92 percent were
confident they read through their auto policy, yet only 19 percent
were very confident they know their deductible limits. In the
meantime, 66 percent of the respondents said they had filed a claim
in the past. To help gain a better understanding of what an auto
insurance policy covers, Allstate offers the following tips for
consumers: -- Read through your policy. For starters, ready your
policy and highlight what you don't understand. Contact your agent
or insurance company to review those items, ensure your
understanding of your policy coverages, and to help you determine
if you are adequately covered should you have an accident. Visit
http://www.allstate.com/auto-insurance/bumper-to-bumper.aspx to
review Allstate's Bumper-to-Bumper Basics to learn about various
types of coverages and how they can work to protect you. --
Comprehensive vs. Collision. You may have both coverages on your
policy, but do you know what they mean? Comprehensive helps protect
your car in situations that don't necessarily involve a collision.
Collision helps protect you if you're involved in a collision with
another object, such as another car, tree or building. They also
vary in that each may carry a different deductible. It's important
to understand how each coverage applies in a given situation and
what you may be responsible for deductible-wise if something
happens. -- Determine appropriate deductibles for each coverage.
Your deductible is the amount of money you agree to pay
out-of-pocket when you make a claim covered by your policy. Knowing
what you agreed to in your policy helps eliminate any surprises if
or when you need to file a claim. -- Review your policy every year.
Life changes such as buying a home, moving apartments, getting
married, or having a child can affect your insurance needs.
Reviewing your policy annually ensures you and your family are
properly protected. For more information on an Allstate auto
policy, please visit http://www.allstate.com/. About the Survey The
state survey is comprised of 500 insured drivers. Interviews were
collected between August 21-26, 2009 using internet samples. All
participants were insured drivers who reported to have collision
and/or comprehensive coverage included on their insurance policy.
All surveys were conducted by Squier Knapp Dunn and Beck Research
for Allstate. About Allstate 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 more than
17 million households insure what they have today and better
prepare for tomorrow. Consumers access Allstate insurance products
and services through Allstate agencies, independent agencies, and
Allstate exclusive financial representatives in the U.S. and
Canada, as well as via http://www.allstate.com/ and 1-800
Allstate®. Media Contact: Meredith Joseph 610-251-3430
http://twitter.com/AllstateNE DATASOURCE: Allstate Insurance
Company CONTACT: Meredith Joseph of Allstate Insurance Company,
+1-610-251-3430, Web Site: http://www.allstate.com/
Copyright
Allstate (NYSE:ALL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Allstate (NYSE:ALL)
Historical Stock Chart
From Jul 2023 to Jul 2024