Allstate Drops 10,000 Customers in South Carolina
Insurance giant will drop customers who don't have Allstate auto coverage, have older houses and insure their homes for less than $220,000.
About 10,000 insurance customers in South Carolina will find that they are not in "good hands" with Allstate.
Allstate spokesman Tracy Owens told the paper it was a difficult decision but the company needs to drop the customers to remain financially strong for all its customers.
With 140,000 policies, Allstate is the second-largest writer of homeowner insurance in South Carolina, second to State Farm's 300,000 policyholders, the article states.