State Farm vs. Allstate Insurance

Which insurance company is right for you? Compare products, ratings, and quotes from State Farm and Allstate.

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State Farm vs. Allstate: What You Need to Know

State Farm was founded in 1922 by George Jacob “G.J.” Mecherle, a retired farmer and insurance salesman. The code of conduct for the company has always been “to help people manage the risks of everyday life, recover from the unexpected and realize their dreams.” From the start, the company was branded as being “Like a good neighbor” and for “being there” for all State Farm customers. Fittingly, the State Farm agent in the television commercials is Patrick Minnis, a real State Farm insurance agent from Tempe, AZ. In 1971, Barry Manilow wrote the famous State Farm jingle that cemented the company’s brand as a helpful neighbor and Weezer covered the famous jingle in 2011.

Founded in 1931, Allstate is the nation’s largest publicly held personal lines insurer. It was founded by former Sears, Roebuck & Co-President and Board Chairman, General Robert E. Wood, who initially sold policies through the mail, an innovative business move. The name Allstate was taken from a tire sold in the Sears catalog and the location of the first sale was in a Chicago Sears store. The first claim paid was to a man who showed up at the office holding a car door handle in his hand after an attempted car theft.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit State Farm Overview and Allstate Overview.

State Farm vs. Allstate: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with State Farm and Allstate. On average, State Farm charges approximately $189.95 per month while Allstate comes in at around $195.94 per month. For State Farm, the cheapest state average is Pennsylvania at $90.11 per month and the most expensive is Michigan at $231.56 per month. For Allstate, the cheapest state average is Pennsylvania at $165.22 per month and the most expensive is Michigan at $632.65 per month.

State Farm

Average Rate


Average Rate


Average Rate

State State Farm Allstate
Arizona $121.70 $226.10
California $186.89 $168.48
Connecticut $152.96 $290.09
Florida $148.93 $222.79
Georgia $123.19 $173.47
Michigan $231.56 $632.65
Nevada $141.19 $258.59
New Jersey $172.76 $232.03
New York $188.23 $214.13
Oregon $105.56 $232.92
Pennsylvania $90.11 $165.22
Texas $109.44 $236.51
Washington $115.69 $174.60

State Farm vs. Allstate: Rates by Number of Vehicle


Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that State Farm and Allstate typically charge for drivers who have more than 1 vehicle.

Number of Vehicles State Farm Allstate
1 Vehicle $183.53 $186.66
2 Vehicles $244.53 $260.82

State Farm vs. Allstate: Rates by Homeownership


Drivers who own their home rather than rent can sometimes get a small discount. We found that on average State Farm charges $179.96 per month and Allstate charges $204.96 per month for customers who own their home.

Own/Rent State Farm Allstate
Own $179.96 $204.96
Rent $192.08 $194.22

What is State Farm and Allstate Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how State Farm and Allstate ranked among the industry ratings.

ComparisonState FarmAllstate
Year Founded19221931
Market Share10.14.9%
BBB RatingNRA-
Financial StrengthExcellentExcellent
JD Power RankingAbout AverageAbout Average
Moody’s RatingAAa3
NAIC Complaint Index2.581.03
S&P RatingAAAA-

State Farm or Allstate: Insurance Products Offered

What coverage is available through State Farm and Allstate? Both insurance companies offer Auto, Commercial, Condo, Home, Life, Motorcycle, Renters, and RV insurance. Additional products from State Farm insurance also include Health insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit State Farm and Allstate Insurance page.

InsuranceState FarmAllstate
Auto Insurance
Commercial Insurance
Condo Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance

State Farm or Allstate: Ways To Save

State Farm offers a wide range of discounts to its policyholders, including Anti-theft, Defensive Driving, and Good Driving discounts. However, Allstate also offers a few discounts that State Farm doesn’t, including Smart Student, Safe Driving Bonus, and Responsible Payer discounts. Start taking advantage of discounts offered by insurance providers like Allstate and State Farm insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

State FarmAllstate
Accident-Free DiscountAllstate eSmart Discount
Anti-theft DiscountAnti-lock Brake Discount
Defensive Driving DiscountAnti-Theft Device Discount
Good Driving DiscountDeductible Rewards
Multiple Auto DiscountEarly Signing Discount
Multiple Line DiscountEZ Pay Plan Discount
Passive Restraint DiscountFullPay Discount
Safe Driver DiscountsMultiple Policy Discount
Student Away at School DiscountNew Car Discount
Vehicle Safety DiscountResponsible Payer Discount
Safe Driving Bonus
Smart Student Discount

Pros & Cons of State Farm & Allstate


State Farm
  • State Farm is the largest auto insurer in the U.S and offers insurance in all states.
  • There are more than 19,000 captive agents across the country so it’s easy to find an agent in your area.
  • State Farm offers a range of insurance packages and is the #1 insurer for watercraft.
  • The State Farm app is an award-winning tool for managing your insurance and bank account.
  • Allstate is the third-largest auto insurer in the U.S and offers insurance in all states.
  • There are more than 19,000 independent contractor agents across the country so it’s easy to find an agent in your area.
  • Allstate offers a range of insurance packages that can be customized.
  • The Allstate app is very helpful for managing your account.


State Farm
  • State Farm does not offer accident forgiveness options.

State Farm or Allstate Mobile Apps Options

The State Farm Mobile app is available for iOS and Android. This award-winning mobile app can help manage insurance and banking accounts, request roadside service, file and track claims and pay bills.

The Allstate Mobile app is available for iOS and Android. It offers instant agent access, digital ID cards, the ability to see policy documents, choose modes of communication and manage claims with the option of uploading photos of damage after an accident. Drivewise measures safe driving behavior and can earn customers discounts. The app also features an Escape Route that creates a safe path to exit a fire.

State Farm Mobile App
iOS     4.815K user reviews
Android     4.116K user reviews
Allstate Mobile App
iOS     4.8238K user reviews
Android     4.428K user reviews

State Farm & Allstate Contact Info

State Farm Contact Info
AddressOne State Farm Plaza, Bloomington, IL 61710
Allstate Contact Info
AddressP.O. Box 660598, Dallas, TX 75266-0598

The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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