epair and replacement costs have gone way up — auto parts, labor, construction materials, you name it. On top of that, storms and weather events keep adding to claims.
Allstate has been raising premiums to keep up, but are they actually staying profitable in their core auto and home insurance lines? Or are they still losing ground compared to players like Progressive and GEICO?
Curious if anyone has recent numbers on their combined ratio or customer retention. Do you think Allstate can bounce back as rate hikes catch up, or are they at risk of falling further behind?