According to a 2024 report from Insurance Business Magazine, Allstate is the 9th largest property and casualty insurer in the United States. The company has around 175 million active policies and sells several insurance products, including auto, home, renters, and business coverage. Allstate was founded in 1931 and is headquartered in Northbrook, Illinois.
Learn more about what this established insurance company offers in this Allstate review. All rates and fees are current as of May 21, 2024.
Allstate
| Homeowners insurance: | $1,714 per year on average |
| Vehicle insurance: | $170 per month for a full coverage policy on average |
| Life insurance: | Starting at $10 per month |
Pros
- Several auto and homeowners discounts
- Offers many types of coverage
- Available in all 50 states
Cons
- Poor customer reviews
- Quote process isn’t as simple as it seems
- Rated below average for customer satisfaction in many U.S. regions on 2023 J.D. Power U.S. Auto Insurance Study
Allstate is best for those interested in bundling policies, as it offers many types of insurance coverage. Besides offering many coverages, you can also access multiple auto and homeowners insurance discounts, making it a good choice if you want to keep your insurance costs relatively low.
While Allstate claims it offers online quotes, the process of obtaining a quote is more complicated than it initially seems. You’re required to input a significant amount of personal information and agree to have an agent reach out before the company will offer a quote. Thus, it may not be the best option for those seeking a straightforward online quote process.
Allstate rates and products
If you’re interested in bundling coverage, Allstate could be a good option. It offers vehicle and property insurance, including homeowners, renters, and condo coverage. You can also get business and life insurance through this company. According to insurance comparison websites, Allstate’s average rates are as follows:
| Allstate product | Average monthly rate |
|---|---|
| Vehicle | Around $170 per month |
| Home | Around $170 per month |
| Business | Not disclosed |
| Life | Starting at $10 per month |
| Vehicle | |
|---|---|
| Average monthly rate | Around $170 per month |
| Home | |
| Average monthly rate | Around $170 per month |
| Business | |
| Average monthly rate | Not disclosed |
| Life | |
| Average monthly rate | Starting at $10 per month |
Allstate vehicle insurance
You can insure several types of vehicles with Allstate, including cars, motorcycles, RVs, boats, and more. Allstate offers the following coverage options.
| Auto | Collision Comprehensive coverage Liability coverage Medical payments Personal injury protection Rental reimbursem*nt Personal umbrella Underinsured/underinsured motorist Rideshare insurance Classic car insurance Roadside coverage |
| Motorcycle | Bodily injury liability coverage Property damage liability coverage Medical payments coverage Personal injury protection Collision coverage Comprehensive coverage Uninsured/underinsured motorist bodily injury coverage Towing and labor coverage Rental reimbursem*nt coverage Motorcycle and off-road vehicle transport trailer Lease/loan gap coverage Optional or added equipment coverage |
| RV | Bodily injury liability Property damage liability Collision coverage Comprehensive coverage Personal effects coverage Medical payments coverage Personal injury protection coverage (PIP) Uninsured & underinsured motorist coverage Towing and labor costs coverage Total loss replacement Vacation liability Emergency expense Full timer’s liability coverage Pet coverages Tow bar coverages |
| Boat | Watercraft medical payments coverage Watercraft liability coverage Property coverage Repair cost endorsem*nt coverage Emergency services coverage Uninsured watercraft coverage Agreed value option Personal effects coverage Additional boat equipment coverage Boat trailer coverage |
Allstate property insurance
Besides offering many coverage options for several types of vehicles, Allstate also offers options for many types or properties and situations. You can get a homeowners or renters policy through this insurer, as well as condo and landlord insurance. Here’s a look at the types of coverage available.
| Homeowners | Dwelling Liability Personal property Guest medical protection |
| Renters | Personal property Reimbursed living expenses Liability protection Guest medical coverage |
| Condominium | Building property Liability Personal property Guest medical protection Additional living expenses |
| Landlord | Dwelling protection Other structures protection Liability coverage Fair rental income coverage Premises medical protection |
Allstate business insurance
If you’re a small business owner, you can also take advantage of Allstate’s business insurance coverage. It offers commercial auto insurance policies and errors and omissions coverage for professionals in various industries, including contractors, electricians, landscapers, plumbers, Realtors, and more.
Allstate life insurance
Those seeking life insurance can obtain a term or permanent policy through Allstate. Its term policies start at just $10 per month. While Allstate doesn’t disclose rates for its permanent coverage options, permanent life insurance tends to be more expensive than term coverage.
Other services Allstate offers
Allstate also offers other insurance products and services, including the following:
- Identity theft insurance: Can help protect you from identity theft and rectify issues if you fall victim to identity thieves.
- Phone protection: Provides coverage for common issues like cracked screens, water damage, battery failure, and more.
The Allstate platform and customer support
Allstate lets you submit and track claims online, which is both simple and convenient. If you need to reach its customer service team about a claim or for a policy question, you can contact them 24/7 over the phone, email or X (formerly Twitter).
What is Allstate’s reputation for paying claims?
Overall, Allstate has a good reputation for paying out claims. Independent insurance credit rating agency AM Best has assigned Allstate a financial strength rating of A+, or superior. This high rating signifies the company is financially stable.
Allstate user reviews
Online reviews for Allstate are mostly negative. This insurer receives a 1.3- out of 5-star rating across 370 Trustpilot reviews and a 1.12- out of 5-star rating among over 1,200 Better Business Bureau (BBB) reviewers.
Dissatisfied reviewers report issues with poor customer service, surprise rate hikes, and unexpected policy renewals. While online reviews provide some insight into past customers’ experiences, it’s best to consider them in addition to everything else a company offers when determining if it’s right for you.
Is Allstate right for you?
Allstate offers many types of insurance products, and it could be a good solution if you’re looking for multiple coverage options. It may also be a smart choice if you want access to several discounts, especially for your auto coverage.
That said, it’s important to get quotes from multiple insurance providers if you’re seeking coverage. Doing so will help you find the best coverage for your needs with a budget-friendly price tag.
