Allstate Insurance - What to Look For in a Car Insurance Company
Whether you’re shopping for a new car insurance company or you want to renew your policy, it’s important to know what to look for.
Here are some of the best ways to make sure you get the coverage you need, while saving money.
Car insurance company
Founded in 1931 as a wholly owned subsidiary of Sears, Allstate Insurance Company began selling auto insurance through Sears catalogs, direct mail and other sales methods.
It also sold homeowners’ insurance and life insurance.
During the Depression, Allstate experienced slow growth, but it continued to expand throughout the 1940s and 1950s.
It added surety bonds, ocean marine coverage, and workers’ compensation insurance to its product mix.
The company had about 20 employees at its Chicago headquarters.
By the beginning of 1933, Allstate had a profit of $93,000 from its 22,000 active policies.
In the mid-1970s, Sears stopped using the Allstate name on its merchandise.
However, it continued to sell the Allstate brand on automobile tires.
These tires were guaranteed for twelve thousand miles.
The tires were also marketed through the Sears catalog and quickly became big sellers.
Allstate also offered a New Car Replacement program, which covers mechanical breakdowns and mechanical repairs.
This program also includes gap insurance and accident forgiveness.
The policy can be purchased through a phone call or a direct-mail letter.
The company also has a Drivewise program.
It allows drivers to save 3% of their premiums each year.
The program also offers a Safe Driving Bonus.
This bonus is equal to five percent of the premium amount.
Allstate also has a New Car Replacement program, which allows you to replace your car with a brand new car if it is totaled within the first two model years.
This program also covers mechanical breakdowns, and provides a cash bonus for safe driving.
The company also offers multi-policy discounts and smart student discounts.
The company’s website is user-friendly and offers a variety of information about the various coverage options.
The company also has an A+ rating with the Better Business Bureau.
In addition to its automobile insurance program, Allstate also offers homeowners’ insurance, renters insurance and life insurance.
The company also has over ten thousand agents nationwide.
The company has a reputation for providing reliable service, but customers sometimes complain about high premiums.
The company’s website also features a feature called TrueCar, which provides information about fees, incentives and other car prices.
The company also offers a Drivewise program, which allows drivers to save 3% of their premiums with a smartphone app.
Sponsorship of field goal nets at over 67 colleges
Amongst the many sponsorship programs in the Allstate stables, the one that stands out is the “Good Hands(r)” Field Goal Nets.
For ten years, Allstate has emblazoned its signature green and orange logo on the most visible field goal posts at some of the largest college football stadiums in the nation.
Among the many schools currently sporting these coveted nets are Arizona State, Virginia Tech, LSU, Florida State and Oklahoma.
Allstate also donates a fair share of funds to general collegiate scholarships.
To date, the company has contributed $3 million to the general scholarship fund across the country.
Amongst the many perks of the program is the ability to tailgate at a number of agent offices.
It also boasts a mobile marketing tailgate tour that hits a number of college campuses across the country.
There are numerous Allstate sponsorships in the college football realm, but the company’s field goal nets have been on many fans’ minds since the start of the season.
Allstate has been a major sponsor of the Sugar Bowl, one of four Bowl Championship Series games.
In fact, Allstate has been the title sponsor of the Sugar Bowl for over a decade.
One of the most interesting aspects of the Allstate sponsorship program is the amount of attention it has received from consumers.
Allstate’s brand recognition has grown exponentially, making it the most ubiquitous name in the industry.
Among the many reasons is the company’s focus on integrating local agents into the larger Allstate family.
Amongst the many innovations that Allstate has brought to college football is its sponsorship of the coveted Sugar Bowl.
It is no secret that Allstate Insurance is a big football fan.
In addition to its many other sponsorships, the company has also opted to sponsor the coveted BCS championship game, the Sugar Bowl, which is played at the Louisiana Superdome.
The company also boasts a scholarship program, one of the largest in the country.
For instance, a college student can qualify for up to $3,200 in scholarships from the company’s student-athlete rewards program.
Although the “Good Hands(r)” name is not the first thing that comes to mind when you think of Allstate, the company has been a pioneer when it comes to sponsoring sports.
From its branded football nets to the big-mouse-mooted award-winning “It’s good to be a Bulldog!” video, Allstate has created a sports marketing platform that is a true testament to its philanthropic culture.
Social media presence
Despite the best efforts of its management team, Allstate is a monolithic beast.
The company boasts nearly 30,000 employees and an annual revenue of $39.8 billion in the last quarter of the year.
The Allstate empire also boasts a large portfolio of insurance policies and investments in other entities ranging from the big boys to the little guys.
One notable exception is the company’s foray into the real estate arena a la its recent purchase of Coldwell Banker.
The resulting merger will make Allstate one of the largest real estate companies in the country.
In other words, if you’re looking to sell your home in the new burg, you best be on your best behavior.
For more information, visit Allstate.com.
The site is a treasure trove of information on all things real estate, from new listings to foreclosures, to open houses and more.
Founded in 1931 by Sears Roebuck, Allstate Insurance is the second largest provider of property and casualty insurance in the United States.
The company is a top performer in the industry, ranking as a Fortune “World’s Most Admired Company,” as well as in “Fortune’s Best Companies for Minorities” and “Fortune’s Best Companies for Women.”
Sears is one of the oldest retailers in the United States, founded in 1904 by Sam Sears.
Sears began providing repair services for household items.
It also owned Dean Witter Reynolds, which was one of the largest brokerage firms in the United States.
The company was also a leader in providing insurance for automobiles.
Originally, Allstate Insurance sold its products through Sears stores.
They also used the Sears catalog to sell policies.
In 1945, Allstate had 327,000 policyholders and premiums totaled $12 million.
In 1993, Sears offered almost 20 percent of Allstate stock to the public.
This was the largest initial public offering in the United States.
The offer generated $2.4 billion.
Allstate also developed a “D3” organization based on its core vertical business activities.
This structure has enabled the company to compete with others on data analytics.
The company’s D3 strategy focuses on the analytics of its data and its ability to detect additional signals.
While Allstate is well-known for its analytics, the company also believes in the importance of serving customers well.
The company has a large network of more than 15,500 agents, which it employs to sell policies.
It also operates offices in most Sears stores.
Allstate’s financial performance has been favorable, with favorable reserve development.
Its operating profit has also been very favorable.
It posted a net income of $1.3 billion in 1993.
In addition to its core vertical business activities, Allstate also provides financial services, including mortgage banking, vehicle financing, and mutual fund management.
The company has also entered the Japanese market and has a presence in several countries outside the United States.
The company continues to innovate and improve its data analytics capabilities.
It is also developing natural language processing capabilities and machine learning.
It has also been recognized as one of the nation’s top 50 innovative users of information technology by Information Week.