Allstate Insurance: Company Overview

Allstate is one of the biggest insurance companies in the country and provides consumers with coverage for more than 88 years.

Allstate was founded in 1931, and is the largest public insurance company in the country. It was founded by former Sears, Roebuck & Co CEO and General Robert E. Wood Chairman, who initially sold mail policies, a business movement that was revolutionary. A tyre in the Sears catalogue was called Allstate, and the first point of sale was in a Chicago Sears shop. A man who appeared in the office with a door handle in his hand after a car theft attempt, paid the first claim.

Over and above car insurance, the business grew in the 1950. In 1950. In 1950. The business has started to teach secondary school students driver education and TV ads. Dean Winters, the Allstate Mayhem guy appearing in the HBO Oz prison play, as well as TV shows like "Rescue Me," "30 Rock" and "Law & Order" may be the most popular advertisements on the market. More recently, the company updated its slogan to attract thousands of people: "It's nice to be in good hands." TV spots feature famous people, including Tim Gunn, Adam DeVine and Leslie Jones, who attract thousands of years of experience.

Allstate became a supporter of the compulsory use of a seat belt in the sixties, and started to sell commercial coverage in the late sixties. It took on the motto 'You are in good hands with Allstate,' used today in 1976. In 1983 Allstate launched a new flexible life insurance package with the Universal Life Insurance savings and investment plans.

After Sears sold 19.8 percent of the business, Allstate became public in 1993, making it the largest public offering in the United States. In 1995, Sears sold the remainder and Allstate became a 100% public company. Allstate offers today more than 16 million households with superior insurance and retirement options. Allstate's 122-acre Northbrook-based tract hires over 70,000 specialist insurers in the nation.

The business meets the specific needs of a wide variety of customers and has received awards to promote diversity at the workplace and in particular to women. InformationWeek named Allstate in 2005 as one of the 50 best creative IT consumers. In 2005, Fortune's magazine ranked Allstate second in the real estate and billing industry. In 2005 and 2008, Allstate ruled the Hispanic Business magazine in the top 50 of its companies. Allstate was named in 2009 one of "100 Greenest companies in the United States" by Newsweek.

Allstate subsidiaries include Encompass Insurance, Esurance, SquareTrade, Allstate India, Allstate Canada, Allstate Ireland Limited, Response Financial and Arity. Allstate's subsidiaries are:

Allstate Facts & Ratings

Year Founded

1931

Market Share

4.9%

Financial Strength

Excellent

JD Power Ranking

About Average

BBB Rating

A-

NAIC Complaint Index

1.03

Moody’s Rating

Aa3

S&P Rating

AA-

 

Allstate Mobile App Rating

iOS

    4.8

238K user reviews

Android

    4.4

28K user reviews

 

For iOS and Android, the Allstate Mobile App is open. It provides immediate agent access, digital identity cards, the capacity to view policy records, choose methods of contact and handle claims with the ability to upload accident photographs. The driving system tracks safe conduct and can receive discounts for customers. There is also an escape route in the application, which provides a safe way out of a fire.

Pros & Cons of Allstate

  • Allstate is the U.S.'s third-largest car insurer offering insurance in every country.
  • There are over 19,000 independent contractors throughout the country, so finding an agent is easy.
  • Allstate provides a variety of customizable insurance options.
  • The Allstate software is very useful for your account management.

Common Questions about Allstate

How much does Allstate car insurance cost?

Car insurance premiums and plans differ according to several risk determining factors. Our studies showed an average monthly rate of 170 dollars per month.

How much is Allstate car insurance with full coverage?

For the full coverage, you can expect to pay more, but you will also have insurance. Quotes for car insurance differ according to many risk-determining factors.

Is Allstate good insurance?

Allstate is one of America's oldest and best-known insurance firms.

What are the deductible rates for car insurance at Allstate?

The general auto-insurance deductible rates are $500 and $1000. Allstate also provides a deductible for disappearance.

What do I need to get Allstate car insurance?

You need a passport, a vehicle and a reporting page with your current insurance provider in order to purchase Allstate auto insurance. More documentation is required for discounts as well.

What is the average amount of insurance with Allstate?

Due to the various ratings for each car and several other risk factors, the average 6-month rate estimate is just over $1,020.

What is the cost of Allstate car insurance yearly?

The rates of car insurance fluctuate on the basis of several risk factors. The annual average rate is approximately $2,040.

What is the yearly rate you pay at Allstate for car insurance?

If you pay upfront of the annual balance, car insurance premiums are lower. The annual coverage premium is about 170 dollars. Car insurance premiums are dependent on several risk determination factors to reduce or increase your premium.

Is Allstate a good car insurance company?

Allstate is one of America's oldest and best-known insurance firms.

Is Allstate rated as a good company for car insurance?

Allstate is the third largest insurance company in the country. The carrier is also one of the most costly insurers, even though they provide great security.

Is Farmers insurance cheaper than Allstate?

Farmers' insurance, on average, is less costly than Allstate. This means that insurers are using complex algorithms to calculate prices, so it's your best chance to get a free quote.

How does the price of Allstate insurance compare with others?

Allstate is on average more expensive than most of its rivals, followed closely by State Farm.

How much does it cost to add a 16-year-old to car insurance with Allstate?

The reply is determined by the insured's cost. For teens aged 16-19, the average cost of auto insurance is over $2,500. If you add a teen to your policy, expect your cost to increase dramatically.

How long does Allstate take to settle a claim?

Depending on the circumstances and the seriousness of the accident, the time it takes to resolve a lawsuit varies. Weeks to months can be needed.

How does Allstate determine if a car is totaled?

If the expense to repair the car reaches Kelley Blue Book Value, the car would be determined to lose a total.

Should I call my Allstate agents if it wasn't my fault?

Yeah, you and your allstate agent have to report all injuries to the police.

How much does Allstate charge for full coverage insurance?

The prices differ depending on a whole range of factors, including experience of driving and age, and the value and safety of your vehicle.

Does Allstate cover motorcycles?

Yes, Allstate sells motorcycle insurance.

Are Allstate insurance quotes free?

You don't pay a premium if you have a StrongInsurance Allstate insurance quote.

How can I check the status of my claim?

You will talk to your agent from Allstate.

How expensive is teen insurance for Allstate?

Teens have the highest insurance rates across the board. However, each teen has different circumstances. If you are a teen and get good grades, you are eligible for a discount with Allstate.

Does Allstate have accident forgiveness?

Yes, this is an additional protection that would not increase the premium if you find your initial accident to be faulty.

Allstate Insurance Products

Car Insurance

Business Insurance

Homeowners Insurance

Life Insurance

Renters Insurance

RV Insurance

Condo Insurance

Landlord Insurance

Motorcycle Insurance

Roadside Assistance Coverage

 

Allstate Auto Insurance Coverage

Bodily Injury Liability

In each state, this type of coverage is required. It covers bodily injuries to a third party in an accident that was deemed your fault.

Property Damage Liability

In every state, this type of coverage is essential. It includes property harm and a third party's loss of use.

Uninsured/Underinsured Motorist

This form of coverage covers damages when the other party is at fault but is either uninsured or underinsured.

Comprehensive Coverage

This coverage provides for losses other than collision-related damages. The deduction is applicable.

Collision Coverage

This coverage provides for the damages and losses of another car, object or individual incurred by an impact. The deduction is subject to.

Automobile Medical Payments (or Personal Injury Protection)

This kind of insurance would cover you, regardless of who is responsible, if you were involved in an accident. Continuation of wages, lack of services, funeral costs and children's care coverage.

New Car Replacement

Allstate provides new vehicle repair, meaning the company can replace the car entirely, not just the depreciated value, if the car is two model years old or younger.

Towing & Labor

This is an optional protection, which reimburses the insured for their towing and work.

Rental Reimbursement

This coverage will reimburse the insured for rental expenses while the vehicle is being repaired due to a covered loss.

Sound System Coverage

The device and speaker components will be replaced by Allstate stolen or damaged equipment.

Discounts

New Car Discount

Allstate eSmart Discount

Multiple Policy Discount

FullPay Discount

Smart Student Discount

Early Signing Discount

Anti-lock Brake Discount

Responsible Payer Discount

Anti-Theft Device Discount

Safe Driving Bonus

New Car Discount

Deductible Rewards

EZ Pay Plan Discount

 

 

Allstate Auto Insurance Rates by State

The following is a list of drivers' typical average rates with Allstate. Allstate charges, on average, around $236.84 a month. The cheapest average is 115,09 dollars per month in North Carolina, followed by 122,01 dollars per month in Hawaii. The most costly national average is 712.78 $ a month for Michigan.

State

Avg monthly rate

AK

$185.27

AL

$151.65

AR

$198.46

AZ

$243.22

CA

$178.95

CO

$170.46

CT

$269.90

DC

$297.57

DE

$230.48

FL

$236.92

GA

$207.47

HI

$122.01

IA

$147.43

ID

$145.94

IL

$224.29

IN

$156.31

KS

$194.83

KY

$227.91

LA

$303.53

MA

$207.01

MD

$227.21

ME

$129.24

MI

$712.78

MN

$196.87

MO

$149.59

MS

$221.44

 

State

Avg monthly rate

MT

$204.73

NC

$115.09

ND

$188.70

NE

$150.90

NH

$177.53

NJ

$230.83

NM

$205.40

NV

$289.10

NY

$291.67

OH

$146.53

OK

$177.74

OR

$181.31

PA

$213.59

RI

$275.09

SC

$147.48

SD

$192.73

TN

$177.04

TX

$263.73

UT

$164.63

VA

$192.04

VT

$149.78

WA

$156.87

WI

$194.16

WV

$207.69

WY

$211.91

 

Allstate Auto Insurance Rates by Vehicle

Drivers usually get a discount if many cars are insured. This is a list of average rates for drivers with more than 1 car that Allstate charges.

Number of Vehicles

Avg Monthly Rate

1 Vehicle

$218.74

2 Vehicles

$300.60

3 Vehicles

$473.18

4 Vehicles

$554.36

 

Allstate Auto Insurance Rates by Homeownership

Often customers who buy their home instead of renting may get a slight discount. We found that Allstate charges an average of $235.81 a month for homeowners, as well a month for renters of $239.41.

Own/Rent

Avg Monthly Rate

Rent

$235.81

Own

$239.41

 

Allstate Contact Info

Address

P.O. Box 660598, Dallas, TX 75266-0598

Phone

1-877-810-2920

Website

https://www.allstate.com

Facebook

https://www.facebook.com/allstate

Twitter

https://twitter.com/allstate

Youtube

https://www.youtube.com/allstate

Linkedin

https://www.linkedin.com/company/allstate/