An alliance between Home Depot and Allstate Insurance Co. has the home improvement retailer supplying materials for home repairs to Allstate customers. The alliance started in January, but was not announced until this week.
The alliance is expected to save Allstate $30 million to $50 million in claims expenses this year alone. Those savings should increase in future years. The agreement allows Allstate adjusters to work with Home Depot stores to provide repair materials and installation. Initially, the agreement will apply to only flooring replacement.
Was this article valuable?
Here are more articles you may enjoy.
Pipeline Explodes at Delfin LNG Planned Project in Louisiana 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
