What is Allstate famous for?

Asked by: Ophelia Predovic II  |  Last update: June 21, 2025
Score: 4.2/5 (10 votes)

The Allstate Corporation (NYSE: ALL) is one of the largest publicly held personal lines insurers in the United States. We are widely known through the slogan “You're In Good Hands With Allstate®.” For more than 80 years, we have helped customers realize their hopes and dreams.

What is Allstate known for?

It is widely known through the “You're In Good Hands With Allstate®” slogan. Allstate provides insurance products to approximately 16 million households.

What makes Allstate unique?

What makes Allstate unique is how we take our longtime motto In Good Hands to heart. Our Values define who we are, and Our Behaviors embody how we work. We call this foundation Our Shared Purpose. Our Code illustrates what it means to live into Our Shared Purpose with every decision we make.

What makes Allstate stand out?

Among the top four insurers, Allstate and Progressive stand out most for their coverage options. At either of these companies, you can get coverage for custom parts or stereos, and you can lower your deductible by staying accident-free. Those options aren't available from Geico or State Farm.

Is Allstate the biggest insurance company?

What are the largest auto insurance companies in the U.S.? State Farm is the largest auto insurance company in the U.S. based on written premium, or the total amount it bills customers. Progressive is the second-largest car insurance company, followed by Geico and Allstate.

Allstate Commercial - The Best Things in Life

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Is Allstate the most expensive car insurance?

In terms of average costs, Allstate has the highest sample premium in our rate analysis. The insurer also has sample premiums higher than the national average in every driver category we analyzed. This includes teen drivers, senior drivers, drivers with a speeding ticket, and drivers with a DUI.

Is Allstate better than State Farm?

State Farm has higher customer service ratings for car insurance than Allstate. These include better ratings for overall satisfaction and claims satisfaction from J.D. Power. State Farm also gets a better complaint rating than Allstate, according to the National Association of Insurance Commissioners (NAIC).

Who is the parent company of Allstate?

Allstate becomes a publicly traded company with the largest IPO to date in U.S. history when Sears sells 19.8% of its ownership. Two years later, Sears spins off its remaining shares, making Allstate an independent, 100% publicly held corporation.

What is the culture of Allstate?

A synergy of values and excellence

Our culture is built on the powerful pillars of diversity & inclusion, commitment to empower our people, and a sense of duty towards our communities. We believe these values are fundamental to excelling in what we do and to prosper as a business.

What is Allstate's competitive advantage?

Allstate's ability to differentiate itself through product offerings, brand recognition, and customer experience is crucial for maintaining its competitive edge. However, the company must continuously innovate and adapt to stay ahead of competitors, including new entrants that may disrupt traditional business models.

What is the Allstate motto?

We are widely known through the slogan “You're In Good Hands With Allstate®.” For more than 80 years, we have helped customers realize their hopes and dreams.

Why choose Allstate insurance?

With an auto policy from Allstate you don't just get great protection. You also get leading-edge tools, expert support from agents and benefits you won't find anywhere else. Allstate goes the extra mile to provide innovative yet simple solutions that help you with your specific needs.

What are the core values of Allstate?

These updates will further advance Allstate's culture by highlighting the values of integrity, inclusive diversity and equity and collective success. We enhanced Our Shared Purpose to focus on four behaviors to support cultural change: collaborate, challenge ideas, provide clarity and provide feedback.

Why does Allstate not pay claims?

Policy exclusions, lack of routine maintenance, and missed deadlines are common reasons Allstate may deny a home insurance claim, so it's critical to understand your policy and adhere to its terms to avoid claim denial.

What is the most expensive homeowners insurance claim?

Fire and Lightning Damage

As you may have guessed, fire and lightning damage are by far the most costly home insurance claims.

Who is Allstate biggest competitor?

The main competitors of Allstate include Progressive (PGR), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel Group (MKL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Erie Indemnity (ERIE), Fidelity National Financial (FNF), CNA Financial (CNA), and Old Republic International (ORI).

Is Geico owned by Allstate?

GEICO is a wholly owned subsidiary of Berkshire Hathaway, which provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017.

Is Allstate a good company to work for?

Is Allstate a good company to work for? Allstate has an overall rating of 3.5 out of 5, based on over 11,201 reviews left anonymously by employees. 58% of employees would recommend working at Allstate to a friend and 53% have a positive outlook for the business. This rating has been stable over the past 12 months.

Is GEICO or Allstate better?

GEICO vs Allstate: Which is Better for You? GEICO is much cheaper and has better ratings than Allstate. Your experience with GEICO and Allstate will vary based on individual rating factors.

Is Allstate car insurance overpriced?

Allstate's minimum-liability rates average $1,158 a year, which is 50% higher than the national average ($773 a year). But since car insurance rates vary by customer, be sure to shop around. And note that policies are usually more expensive for some drivers, such as teens, or those with DUIs or poor credit.

Who is cheaper, Allstate or Progressive?

Allstate: Cheapest for drivers with bad credit

In many states, car insurance companies can use a driver's credit history as a factor when determining car insurance premiums. For drivers with bad credit, Allstate once more edges out Progressive with cheaper average premiums.

Why are Allstate rates so high?

Allstate provided a reason behind the insurance rate hike, which adds to the already-high cost of living for California homeowners. The insurance company said in an email statement to KRON4 that higher home values in the state contribute to more expensive repair costs — thus resulting in higher premiums.

Who is cheaper than Allstate?

Geico and USAA are among the insurance companies that are cheaper than Allstate.

What state has the worst insurance rates?

Oklahoma, Kansas, Nebraska, Florida, and Colorado are the most expensive states for homeowners insurance. Oklahoma has the highest average cost of homeowners insurance in the U.S. at $5,858 per year.