The Allstate insurance company is an American corporation that has been headquartered in Northfield Township, Illinois near Northbrook, since 1967. Founded in 1931, it was initially a division of Sears, Roebuck and Co., before being spun off in 1993. It also has personal lines insurance operations in Canada. Read on to learn more about this insurance company and what they do for their customers. You might be surprised by what they can do for you.
Founded in 1931, Allstate branched out into other states and countries. The company expanded its reach, sales volume, and operating space. In 1963, Allstate’s Allstate Life Insurance subsidiary reached $1 billion in insurance in force, even though it was only six years old. In Canada, Allstate began selling its insurance through agents. In 1964, Allstate formed an Allstate Insurance Company of Canada. In Canada, Allstate opened its first office.
Allstate provides a wide range of insurance products to meet the needs of consumers. From basic auto insurance to comprehensive and collision coverage, as well as uninsured and underinsured motorist coverage, Allstate also provides other benefits. For example, discounts can be applied to multiple insurance policies. Additionally, good grades can get you discounts. These discounts are available on their website. Moreover, Allstate offers rewards for driving safely and avoiding accidents.
The Allstate insurance company has a long history. It started as a local insurance company but eventually expanded to sell commercial coverage. In 1976, it created a slogan, “You’re in Good Hands with Allstate,” which it still uses today. Allstate began experimenting with targeted advertising, supplementing its mass-market approach with direct mail campaigns. And it continues to expand. If you’re looking for a new insurance company, Allstate might be the right choice.
While Allstate was once a reputable insurance company, its fortunes took a turn for the worse in the late 1990s. Discount insurance companies like Progressive and Esurance quickly cut Allstate’s profit margins. Allstate responded by introducing telemarketing and internet sales, but these new methods upset its agents and caused them to file a class action lawsuit against the company. The lawsuit ended up forcing Allstate to reduce premiums for policyholders, but the damage was already done.
Allstate car insurance has an average 3.2-star rating on consumer review sites. It is one of the best auto insurance companies, according to WalletHub editors. They offer many discounts and have nationwide availability. But they also have room for improvement in customer service and pricing. Allstate’s rating in the NAIC is 2.73, and its complaint rate is significantly higher than the average car insurance provider. If you’re looking for an auto insurance company, Allstate is the one for you. Allstate insurance is available nationwide, so you can get it wherever you are.