Introduction to Allstate Home Insurance
After first opening their doors in 1931 as an auto insurance provider, Allstate Home Insurance quickly grew to include homes and other options. In the present, the company stands as the second-largest insurance company in the United States. Thanks to strong brand recognition, combined with very popular marketing campaigns, Allstate is a giant in the field. If you are just starting to research your options for the best home insurance companies available to you, there is an excellent chance that Allstate is going to be one of the first companies you encounter. There is no question that this is a large company with a reputation that is worth exploring in greater detail.
While Allstate is a massive insurance entity, they may not be the best fit for your needs. While Allstate has solid coverage options, combined with a good online presence, they do have some poor reviews that highlight a handful of troubling elements to their business. These issues are definitely worth a deeper look. It is easy to be overwhelmed by the competitive rates, as well as the sheer size of this company. They have solid ratings from organizations such as the BBB (Better Business Bureau), as well.
In other words, while Allstate Home Insurance might be one of the most financially-secure insurance companies in existence, they are not necessarily a perfect fit for all homeowners.
The Basics Of Allstate Home Insurance
Although Allstate is perhaps best known as an auto insurance company, which they also run through the company Esurance, their home insurance has been touted with increasing enthusiasm in recent years. To be sure, if you are willing to combine various forms of coverage with Allstate, you have an excellent chance of grabbing some discounts. Obviously, we aren’t going to get too deep into the subject of Allstate auto insurance, but this is something you can keep in mind all the same.
Allstate has a robust collection of home insurance options. They also have a good website and mobile app to help you manage everything. While these are all true of the basics of the company, there is a lot more to keep in mind. In fact, when compared to some of the other national insurance companies, there are areas in which Allstate Home Insurance admittedly falters. There are a number of particularly important areas in which Allstate proves to be highly problematic. These issues cover some of the crucial needs that should be remembered, as you shop for the best home insurance.
Pros And Cons Of Allstate Home Insurance
To be clear, there are a number of excellent points with Allstate. While this may prove to not be your best choice for home insurance coverage, this is still a company that built its reputation on more than just TV ads starring Dennis Haysbert. For example, the presence of an optional Rate Guard is definitely a plus for their corner. This is how one protects themselves from increasing rates in the aftermath of a claim. This is just one of the ways in which Allstate has become a very popular choice with millions of Americans throughout the country.
The Claims-Free Rewards Program is also worth studying further. This optional feature will give you the ability to be rewarded during your renewal period. This is going to be dependent upon whether or not you filed any claims during your last term. Obviously, Allstate Home Insurance has some pretty appealing options for responsible homeowners. Those are also the people who stand to get the best rates. While Allstate will work with virtually anyone, the best rates are still going to go to those who cause the least “problems.” If you have a checkered background for one reason or another, it might be a good idea to look elsewhere for home insurance.
Because Allstate is a truly massive insurance entity, they are able to employ a decidedly vast network of agents. Some 12, 000 people work for Allstate in this capacity. While their website and app are quite solid, this is still a company that makes it easy to connect with a human being. This is something they like to emphasize in their advertisements, and it certainly seems to be true in practice.
One of the most disappointing elements of Allstate Home Insurance would have to be their customer service track record. Their claim process and track record are also worth studying in greater detail. If you read any Allstate reviews online, one of the more troubling consistencies concerns contacting the company with any questions you may have. One could argue that a downside to having some 12, 000 agents working at your company is the fact that you are inevitably going to have some rotten apples in the barrel. In other words, your customer service experience with Allstate can vary from one agent to the next.
The same thought can be applied to their track record for paying claims in a straightforward, timely fashion. While some have reported a positive experience with this element of the company, there are unfortunately a great many people who haven’t. Allstate has formidable financial strength, which makes sense given that they are one of the biggest insurance companies in the nation. This means that while you can trust that they have the resources to pay your claim, they also seem to have a reputation with many for making things as difficult and stressful as possible.
Allstate Home Insurance does offer perhaps the broadest range of home and auto insurance options to be found just about anywhere. They also have a very impressive collection of discounts for responsible homeowners.
A Look At Allstate Home Insurance
Allstate is such a giant in the world of home insurance, they command a full 9% of the total U.S. market for homeowner insurance alone. That may not sound like much, but keep in mind that 9% amounts to millions and millions of human beings. This can also be seen as Allstate being a company that can work with a wide range of homeowners and their respective needs.
You can get protection for such demands as replacement costs, dwelling coverage, personal property, and liability coverage. Regardless of what you are looking for in the realm of home insurance coverage, there is an excellent chance that Allstate will have what you are looking for. You can also get guest medical protection, in addition to coverage for other structures that exist on your property. Allstate Home Insurance discounts can also help to cut down on some of the rates you may expect to pay.
Of course, Allstate has a multipolicy discount, if you are willing to bundle a wide range of insurance needs under the umbrella of the company. If you are willing to pay your premium directly from your bank account, you can gain another discount. Naturally, the more responsible you are as a homeowner and customer, the better your range of benefits is going to be. Those who sign up with Allstate before the renewal period kicks in can also get a discount. This is known as the Early Signing Discount. There are also excellent discounts available for buying a new home, maintaining a safe home, and for simply being a newcomer to the Allstate “family.”
Those who are fifty-five years of age or older are entitled to special discounts. Smoke-free homes can get insurance discounts. There are even discounts offered to anyone who purchases storm shutters. This doesn’t even cover the full range of potential savings.
While there are some very troubling aspects to Allstate Home Insurance, there is no question that they can work well for a number of different people. As is always the case with insurance companies, you are going to want to do as much research into this company as possible. Allstate may in fact be a great fit for your auto insurance needs, but that doesn’t mean you should turn to them for home insurance, as well.
The customer service/claim-filing elements are particularly unfortunate. These are two of the most important considerations, as you shop around the best home insurance companies. During the claim process, it seems likely that you want to get the money you need as quickly as possible. When it comes to home insurance, filing a claim is usually something we do in the aftermath of an emergency. The fact that Allstate has a poor track record in this crucial area is absolutely something that everyone should keep in mind. At the end of the day, there are insurance companies out there who are better at making sure your claim is handled in a professional and timely fashion.
At the same time, this experience is not inherent of every Allstate Home Insurance customer. While the results of trusting them for your insurance needs can be unpredictable, we cannot deny that this company has the potential to meet your needs. On the quality side of things, Allstate is solid, but there are a few important things that keep them from being the very best.