Allstate Insurance 2022: Review And Facts

The third-largest auto insurer in the United States, Allstate is an insurance company where you can buy all types of coverage, from auto to homeowners to life insurance to less popular plans such as pet or boat insurance.

However, Allstate isn’t the cheapest insurance provider by any stretch of the imagination. While having flexible policies and quite a few auto and homeowners insurance discounts, Allstate is pretty expensive, which makes insurance seekers think twice about whether the quality justifies the price.

Is Allstate insurance worth your money? Let’s find this out within our review.

About Allstate Insurance

Today, Allstate can boast the ever-growing revenues, stability, and a broad choice of insurance plans. But it all started from a bridge game in 1930 when Carl L. Odell came up with the idea to sell auto insurance by mail. Then, on April 17, 1931, Sears, the former parent company of the Allstate Corporation, started offering auto insurance by mail and through its catalog.

In 1993, as a result of a spin-off, Allstate became a publicly-traded company, with its IPO being the largest in the history of the United States. Two years later, the carrier became independent from Sears while still being committed to providing quality insurance across major insurance verticals.

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What Does Allstate Offer In 2022?

Allstate offers auto, home, business, life, and other types of insurance, each of which has multiple sub-types. The insurance provider operates in all states through a broad agent network.

Allstate Auto Insurance 2022

Allstate auto insurance encompasses every existing type of car insurance, making it possible to get personalized coverage and significant bonuses.

Types Of Coverage

Rates

The average annual cost of Allstate auto insurance is $1,000, which is higher than that of Progressive, State Farm, Nationwide, GEICO, Liberty Mutual, USAA, and some other auto insurers.

The real cost of Allstate’s auto insurance depends on the state of residence, auto, history of claims, and the type and amount of coverage. Besides, Allstate offers more than a dozen discounts, which can be used to reduce the policyholder’s premium.

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Discounts

There are dozens of ways to save with Allstate, so almost every driver can qualify for a discount.

Allstate Health Insurance 2022

Allstate provides group health coverage and supplementary plans.

Types Of Coverage

Rates

There is no data on the average Allstate health insurance cost because of the diversity of health insurance plans. However, the average annual cost of health insurance in the United States is $7,500.

The real cost of Allstate’s health insurance depends on the policyholder’s state of residence, type of community, age, gender, medical history, pre-existing conditions, and the type and amount of coverage.

Allstate Life Insurance 2022

Allstate has enough life insurance options to fit your needs, including flexible term life insurance and permanent life insurance coverage. All plans work the same way: upon the death of the policyholder, the beneficiary receives a death benefit.

Types Of Coverage

*Cash value is the policyholder’s savings fund that can be withdrawn or borrowed against.

Rates

The average cost of Allstate term life insurance for 20 years and $250,000 worth of coverage is $15.

The real cost of Allstate life insurance depends on the type and amount of coverage, as well as the policyholder’s age, gender, health, history of claims, family history, and other individual factors.

Allstate Homeowners Insurance 2022

Allstate homeowners insurance includes condo, renters, landlord, flood, and personal umbrella insurance, all being flexible enough to find the right balance between the premium, deductible, and amount of coverage.

Basic Homeowners Coverage

Optional Homeowners Coverage

Rates

With the average annual premium for homeowners insurance being $1,630, Allstate is one of the cheapest homeowners insurance companies in the United States. It is more affordable than Nationwide, Farmers, and USAA.

Discounts

Allstate Pet Insurance 2022

Like most other insurance providers, Allstate provides the same coverage for cats and dogs.

What Is Covered by Allstate Pet Insurance?

What Is Typically Excluded From Allstate Pet Insurance Coverage?

Rates

The average monthly cost of Allstate pet insurance is $15 to $30 for cats and $20 to $40 for dogs. The monthly cost of pet insurance in the United States ranges from a few dollars up to $100.

The real cost of Allstate pet insurance depends on the pet’s age, pedigree, health condition, and the type and amount of coverage.

Pros And Cons Of Allstate Insurance

Pros

Cons

Allstate Customer Satisfaction Rating

The independent ratings from S&P, J.D Power, Moody’s, and BBB rate Allstate as an average insurance company in terms of customer satisfaction and prices. For example, J.D. Power gives Allstate auto insurance 858 out of 1,000 points for auto insurance shopping and 853 out of 1,000 for satisfaction with auto insurance claims.

But then again, the ratings are different for different types of insurance, so it would be a mistake to generalize. You have to proceed from your demands, risk tolerance, and budget.

Allstate Insurance Complaints

To file a complaint, comment, or feedback, submit the contact form on this webpage. Alternatively, you can use this Agent Locator to email your Allstate agent, or you can call 800-255-7828.

Working At Allstate

Allstate scores the following ratings according to over 8,700 reviews on Indeed (out of 5):

How To Become An Affiliate With Allstate?

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