Allstate Vs. State Farm: Coverage And Cost Comparison (2024) (2024)

Dash Lewis

Dash Lewis Content Writer

01/10/2024 09:58 PM

Key Points:

• Allstate and State Farm have similar customer satisfaction ratings, but Allstate coverage costs almost twice as much as State Farm’s on average.
• Allstate offers tourist car insurance for travelers in Mexico, a type of coverage not offered by State Farm.
• USAA may offer more affordable policies for military members than either Allstate or State Farm, as neither offers a military discount.

Allstate and State Farm are some of the biggest names in insurance, so how do you choose between them? We recently reviewed the best auto insurance companies in the industry, and today we compare Allstate vs. State Farm to see which has the coverage, price point, and customer experience that you are searching for.

When you shop for a car insurance policy, we recommend getting quotes from multiple providers so you can compare coverage and rates. In addition to the insurance company you choose, factors such as your age, vehicle make and model, and driving history can affect your premium, so what’s best for your neighbor might not be best for you.

Allstate Vs. State Farm Highlights

Allstate and State Farm are two of the biggest car insurance companies in the country, and deciding between the two can be challenging. Both providers are solid options for car insurance, but we would go with State Farm because of its great coverage, consistent customer service, and a price point that won’t break the bank.

Below are our ratings when comparing Allstate vs. State Farm coverage, cost, and reviews.

*Although State Farm advertises nationwide availability, the company is no longer taking on new customers in Massachusetts or Rhode Island.

Allstate Vs. State Farm Car Insurance: Coverage Comparison

What’s great about both Allstate and State Farm car insurance is that each has local agents available. With Allstate and State Farm, you can visit your local insurance office if you prefer to work with an agent in person. Whether you choose to shop for car insurance online or visit your neighborhood branch, you will receive the same coverage options.

Keep in mind that Allstate is available in all 50 states, while State Farm is only available in 48. Although State Farm advertises nationwide availability, the company is no longer accepting new customers in Massachusetts or Rhode Island.

See the table below for the types of car insurance each company offers:

Allstate’s trip interruption coverage is only available with an added membership to its Allstate Roadside program and doesn’t come standard with an auto insurance policy.

While the two companies are comparable, there are a few coverage options that set them apart. Keep reading for more standout coverage options between the two providers.

Mexico Tourist Car Insurance: With Allstate, drivers over age 21 with a valid U.S. or Canada driver’s license can purchase additional coverage that covers repairs and medical bills if they’re involved in an accident while driving in Mexico. State Farm

Trip Interruption Coverage: Travel benefits from State Farm cover lodging, meals, and transportation, up to $500 per covered incident, if your car becomes inoperable due to damage from an accident while over 50 miles from home. This benefit doesn’t come standard for Allstate policyholders–they must purchase an Allstate Roadside membership.

Classic Car Insurance: Both Allstate and State Farm offer coverage options tailored for vintage and classic vehicles. The companies pay out based on an agreed-upon value rather than the actual cash value of the vehicle and offer collision, comprehensive, liability, and other coverage options.

Allstate Vs. State Farm Car Insurance: Cost and Discounts

Below, we provide a direct comparison of each provider’s average annual costs for different types of insurance coverages and drivers. Between the two providers, State Farm appears to be more affordable for most drivers, coming in at 33 percent cheaper per year than Allstate and 15 percent less than the national average rate of $1,968 per year for full coverage.

Note that the full-coverage averages below are estimated rates for a single male driver, 30 years of age, with a 2020 Honda CR-V, a clean driving record, and a strong credit history. To help show how costs change for each provider, we’ve also provided estimated annual costs for young drivers and drivers with a recent speeding ticket.

Allstate vs. State Farm Car Insurance: Discounts

The availability of discounts is an important factor when comparing Allstate and State Farm. Even if you have higher insurance rates to begin with, the right discounts could greatly reduce your premium.

While neither company offers a low mileage discount, Allstate has a pay-per-mile coverage option available in 17 states called Milewise^®. With Milewise, you pay a daily base rate, plus a small fee per mile you drive. If you don’t drive often, this option may save you money.

Compared to other insurance companies, both Allstate and State Farm have a great variety of discounts. No matter which company you choose, you’ll benefit from bundling policies–such as homeowners insurance and car insurance–together. The right provider really comes down to the discounts that apply to your unique situation.

Factors That Affect Allstate And State Farm Insurance Costs

Whether you choose Allstate or State Farm, your car insurance quote is going to depend on a number of individual factors. Along with the coverage you choose, here’s what may determine your rates with either company:

• Location: Insurance coverage is mandated by each state. On top of carrying what is required for your home state, the provider also looks at the risks in your community.
• Driving experience: If you put a young driver on your policy, you can expect your rates to go up, especially with teen drivers. The risk of accidents for ages 16 to 19 is higher than any other group, according to the Center for Disease Control and Prevention.
• Coverage: If you choose minimum-coverage insurance, you will pay less than if you have comprehensive and collision coverage.
• Deductible: Having a higher deductible causes your rates to go down, but it means you have to pay more money out of pocket when you file a claim.
• Credit score: In all states except for California, Hawaii, Massachusetts, and Michigan, your credit score may be a determining factor. If you’re outside of those states, poor credit may be seen as a liability and lead to higher rates, while good credit can help you save.
• Type of vehicle: If you drive an expensive sports car, you will automatically pay more for your insurance. It’s wise to get insurance quotes before you purchase a vehicle so you know where you stand. Some cars are simply more expensive to insure, while minivans and other models are cheap to insure.
• Driving record: If you have received a speeding ticket, or have previously been in an accident, you can expect higher rates because of the additional risk.

Between the two providers, Allstate is typically more expensive than State Farm, but discounts and other personal factors may change that for you. The only way to know what your insurance premium will be is to get a free insurance quote from the provider. Use the tool below to compare free quotes from Allstate vs. State Farm.

Allstate Vs. State Farm Insurance: Ratings And Reviews

You can learn a lot about auto insurance providers based on studies from leaders in the industry. Below, we compare the company ratings and customer reviews of Allstate and State Farm side-by-side.

While it’s a close race, the data shows that State Farm excels in customer satisfaction, and J.D. Power studies rank State Farm higher than Allstate. Both providers’ BBB ratings are good, but the number of complaints closed in the last year gives some insight into customer satisfaction.

Although the numbers between the companies are almost identical, State Farm is a much larger company than Allstate, with 17 percent of the market share, according to the National Association of Insurance Commissioners (NAIC). Allstate, on the other hand, has about 11 percent. With almost double the customers, you would think State Farm would also have double the complaints, but that’s not the case.

Allstate Vs. State Farm Insurance: Apps And Tech

Both companies have mobile apps that are easy to use. With these apps, you can pay your bill, get your insurance ID card, and review your policy. In addition, both companies have a safe driving usage-based program that allows you to get lower car insurance rates in exchange for using a monitoring device that tracks your driving habits.

Allstate

Below are some of the services Allstate’s mobile apps offers:

• Drivewise^®: This program provides insights into your driving and could get you a discount. Earn a percentage off for signing up and another every 6 months. The program labels you a safe driver if you keep speeds below 80 mph, avoid late-night drives, and limit hard braking.
• QuickFoto Claim^®: After an accident, use your phone to take pictures of the damage and send the information to your adjuster. After they review your photos, you’ll receive a repair estimate.
• Roadside assistance: Call for emergency help directly from the app.
• Agency access: Contact your insurance agent through the app.

State Farm

Below are some of the services State Farm’s mobile apps offers:

• Drive Safe and Save: You can save up to 30 percent by downloading the app and using defensive driving techniques. You get a discount for signing up, and more discounts every six months.
• Upload photos: You can file claims easier with the option to upload documents and photos through the app.
• Roadside assistance: Contact help in an emergency situation.
• Connect with an agent: Call your local agent for additional guidance.

State Farm Insurance Vs. Allstate: Our Take

After comparing Allstate vs. State Farm Insurance, we believe that both companies can be great for your car insurance coverage needs. Both providers offer superior coverage and sport high ratings across the board.

Allstate offers more insurance discounts and coverage overall, but State Farm offers more standard coverage roadside assistance options without a premium membership. Which provider is right for you really depends on your current situation. Still, it doesn’t hurt to get a quote from both companies to see where you stand. Check out our reviews of Allstate insurance and State Farm insurance for further information.

If you’re in the market for a few more quotes, there are additional options. Use the tool below to compare car insurance providers and receive free, personalized quotes.

Other Recommended Car Insurance Companies

We wanted to help you narrow down your search further, so we conducted our own insurance industry research. Here are a few other providers that stood out.

USAA: Best For Military Members

USAA is a car insurance company dedicated to helping military members, their families, and veterans receive coverage for a low cost. The company received a score of 4.5 out of 5.0 during our review process. If you qualify for coverage, we recommend getting a quote from USAA.

Read more in our full USAA auto insurance review.

Geico: Best For Basic Coverage

Another auto insurance provider that receives high ratings across the board is Geico. This insurer is available to everyone, not just military service members, and offers strong basic coverage for many different types of drivers. Geico’s numerous discounts help customers save even more on minimum car insurance coverage.

Read more in our full Geico auto insurance review.

Allstate Vs. State Farm: FAQ

Below are some frequently asked questions about Allstate vs. State Farm coverages:

How We Rate Insurers

Our review process aims to deliver consistent and unbiased assessments of car insurance providers. While there are multiple qualities that make a car insurance company successful, our review team focuses on those we believe are the most important for consumers:

• Cost: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
• Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
• Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
• Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer easy-to-use claims apps.

*Data accurate at time of publication.

Dash Lewis Content Writer