Which insurance company is right for you? Compare products, ratings, and quotes from State Farm and Allstate.
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.
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.
Comparison | State Farm | Allstate |
---|---|---|
Year Founded | 1922 | 1931 |
Market Share | 10.1 | 4.9% |
BBB Rating | NR | A- |
Financial Strength | Excellent | Excellent |
JD Power Ranking | About Average | About Average |
Moody’s Rating | A | Aa3 |
NAIC Complaint Index | 2.58 | 1.03 |
S&P Rating | AA | AA- |
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.
Insurance | State Farm | Allstate |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | ✔ |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Motorcycle Insurance | ✔ | ✔ |
Renters Insurance | ✔ | ✔ |
RV Insurance | ✔ | ✔ |
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 Farm | Allstate |
---|---|
Accident-Free Discount | Allstate eSmart Discount |
Anti-theft Discount | Anti-lock Brake Discount |
Defensive Driving Discount | Anti-Theft Device Discount |
Good Driving Discount | Deductible Rewards |
Multiple Auto Discount | Early Signing Discount |
Multiple Line Discount | EZ Pay Plan Discount |
Passive Restraint Discount | FullPay Discount |
Safe Driver Discounts | Multiple Policy Discount |
Student Away at School Discount | New Car Discount |
Vehicle Safety Discount | Responsible Payer Discount |
Safe Driving Bonus | |
Smart Student Discount |
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 | 4.8 | 15K user reviews |
Android | 4.1 | 16K user reviews |
Allstate Mobile App | ||
---|---|---|
iOS | 4.8 | 238K user reviews |
Android | 4.4 | 28K user reviews |
State Farm Contact Info | |
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Address | One State Farm Plaza, Bloomington, IL 61710 |
Phone | 1-800-732-5246 |
Website | https://www.statefarm.com |
https://www.facebook.com/statefarm | |
https://twitter.com/statefarm | |
Youtube | https://www.youtube.com/statefarm |
https://www.linkedin.com/company/state_farm/ |
Allstate Contact Info | |
---|---|
Address | P.O. Box 660598, Dallas, TX 75266-0598 |
Phone | 1-877-810-2920 |
Website | https://www.allstate.com |
https://www.facebook.com/allstate | |
https://twitter.com/allstate | |
Youtube | https://www.youtube.com/allstate |
https://www.linkedin.com/company/allstate/ |
Methodology
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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