We’ll start with a look at Allstate’s online quoting system, which is not to say that you should not also research other cheap car insurance companies like FreewayInsurance.com. First, you’ll need to enter your zip code and basic personal information to get a quote. This usually means your name, birth date, gender, home address, and email address. From there, the website will search for any vehicles registered in your area.
Allstate has a superior financial strength rating.
AM Best has rated Allstate as a “superior financial strength” on its financial strength rating scale. The rating is based on assessing the company’s financial strength relative to peers. In addition, it is based on the company’s risk management performance and capital structure. Allstate has an extensive market presence across the United States. Because of this, the company is exposed to various natural disasters. Its net catastrophe losses in 2005 totaled $5.7 billion, with a combined ratio impact of 21 points. The 2005 catastrophe losses also resulted in a decline in the company’s statutory surplus. In addition, Allstate’s risk-adjusted capitalization has weakened due to significant dividend payments to its parent.
In addition to providing auto insurance and homeowners insurance, Allstate also provides various financial services and products. It offers 529 college savings plans, annuities, and individual retirement accounts. It also partners with other companies to provide additional financial services. These third-party partners are Prudential, Fidelity, Equitable, and American Funds. It also partners with Prudential to offer mutual funds and individual retirement accounts. Allstate also offers renters insurance and condo insurance. Those who own a unit in a condominium complex should consider purchasing a condo policy with the company.
It offers a customer satisfaction guarantee.
Allstate offers its customers several benefits if they want a car insurance policy. For instance, the company offers a safe driving bonus to customers who drive for six months without an accident. It also has a safe driving club that gives drivers a discount on their annual premiums. Although Allstate’s customer satisfaction ratings are below average, the company’s commitment to customer satisfaction is evident. The company also offers a six-month credit on the premium for unhappy customers.
Since launching the Claim Satisfaction Guarantee last year, the company has expanded its coverage to more states. Customers can receive a credit if they are dissatisfied with the service they receive from Allstate. Customers must submit a claim within 180 days of the incident to qualify for the credit.
It offers multiple discounts.
If you are looking for car insurance, Allstate offers several discounts. These include discounts for safe drivers, early signers, and first-time car owners. These discounts can save you up to five percent on the cost of your policy. You can also save by making your payments on time.
If you have a clean driving history and a new car, you may qualify for an Allstate Safe Driver Discount. Safe drivers can save up to 45 percent on their insurance premiums if they maintain a clean driving record. You can also qualify for a premium account discount if you’ve had a clean driving history for three or five years. This is a great way to save money on your car insurance.
With Allstate’s innovative program, teenagers can save money on their insurance premiumsogram. In addition, teenagers can enroll in a driver’s education course to reduce their car insurance rates. Getting a good grade and a clean driving record are requirements for this discount. Moreover, students attending college within 100 miles of their home can qualify for a resident student discount.
It offers a usage-based program.
Using data to determine your insurance premium is the basis for usage-based insurance, which 19 major insurance companies offer. Drivers with lower mileage and fewer accidents will receive the most benefits, and the program can provide significant discounts for these drivers. This type of insurance is also ideal for stay-at-home parents, students, and drivers who use public transportation frequently.
Using a mobile application, Allstate’s Drivewise program tracks driving behavior and rewards you based on your results. Users of this program can save between 10 and 40% on their insurance premiums. The program is available in all 50 states and requires drivers to participate. Drivers who follow the program’s guidelines can save $150 per year.
It offers roadside assistance.
With roadside assistance, you can rest easy knowing that you have help during a breakdown. Your Allstate, auto insurance policy will cover the costs of getting you back on the road. Allstate offers 24-hour assistance, and you can get help with any vehicle or passenger. AARP members can benefit from the service, too. Allstate has been offering this service to members for over 30 years, and it’s a great value.
Roadside assistance benefits vary from company to company, but most policies cover it at least three to four times each year. For example, Allstate Auto Insurance covers roadside assistance in all 50 states. Its benefits include towing, jump-starts, tire changes, and fuel delivery.