Allstate vs. State Farm: Pros & Cons (2021)

Allstate and State Farm are two of the best auto insurance companies, but which is better for you? It's time to compare rates, coverages, discounts, and third-party ratings to find out. State Farm has cheaper rates, but Allstate has a better mobile app experience. Compare Allstate vs. State Farm rates and pick the company that best works for you.

Free Auto Insurance Comparison

 Secured with SHA-256 Encryption

Rachel Bodine graduated from college with a BA in English. She has since worked as a Feature Writer in the insurance industry and gained a deep knowledge of state and countrywide insurance laws and rates. Her research and writing focus on helping readers understand their insurance coverage and how to find savings. Her expert advice on insurance has been featured on sites like PhotoEnforced, All...

Full Bio →

Written by

Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insurance...

Full Bio →

Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Jul 18, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

What You Should Know

  • Allstate and State Farm are set to provide non-standard auto insurance in 2021.
  • State Farm has the largest market share in the auto insurance industry.
  • State Farm is cheaper, but Allstate has more discounts.

You can rest easy now that you’ve found our Allstate vs. State Farm auto insurance review. Our guide explains the pros and cons of Allstate and State Farm, compares company rates, matches up financial strength ratings, and lists mobile app ratings.

If you want to compare Allstate vs. State Farm auto insurance quotes using your personal information, enter your ZIP code in the free comparison tool above.

For a clear and comprehensive guide to Allstate vs. State Farm auto insurance, continue reading.

Allstate vs. State Farm Auto Insurance: What Are the Pros and Cons?

This wouldn’t be a proper review without naming some of the advantages and disadvantages of Allstate and State Farm. Let’s examine some of the pros and cons of these car insurance giants.

Comparing Pros and Cons of Allstate vs. State Farm
Allstate ProsAllstate ConsState Farm ProsState Farm Cons
Lots of discounts that are easy to qualify forAbove average pricing in most statesEasy to file a claimCost is higher for customers with poor credit
Cutting edge programs like pay-per-mile and rideshare coverageNot all programs are offered in all statesCheap auto insurance ratesHas fewer discounts than most competitors
Local agent service plus easy web and mobile accessOnline quoting will lead to agent solicitation by phoneGood financial strength ratings
Solid financial ratingsConsumer satisfaction ratings are below averageExcellent customer review ratings
Get Your Rates Quote Now
Compare RatesStart Now →

Allstate has an equal number of pros and cons according to our research. However, State Farm has more pros than cons.

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption

Allstate vs. State Farm Auto Insurance: Which Company Is the Cheapest?

When you’re shopping for car insurance, you may have targeted these companies because of their car insurance rates. We’ll go through each factor to see how car insurance rates are determined.

Before we move onto Allstate vs. State Farm auto insurance rates, let’s see the matchup between these two companies.

Allstate vs. State Farm Summary
SummaryAllstate Auto Insurance StatsState Farm Auto Insurance Stats
Year Founded19311922
Headquarters3075 Sanders Road Northbrook, IL 60062One State Farm Plaza Bloomington, IL 61710
Available in how many states?All StatesAll States
Direct Premiums$23.8 Billion$41.1 Billion
Market Share9%16%
Websitehttps://www.allstate.com/https://www.statefarm.com/
Get Your Rates Quote Now
Compare RatesStart Now →

Both companies are on the top ten auto insurance list in the United States based on their market share, but State Farm is number one in the auto insurance industry.

Also, you can manage your policies using an Allstate login or State Farm login, respectively. If you access your State Farm or Allstate Insurance account online, you can use the same username and password for their respective mobile apps.

Which is cheapest by driving record?

Your driving record is one of the most important factors that determine car insurance. Where do Allstate and State Farm Insurance stand in regards to driving records? Let’s look at the rates below.

Monthly Allstate vs. State Farm Auto Insurance Rates Based on Driving Record
Driving Record SummaryAllstate Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Clean Driving Record$318$235
With One Speeding Violation$374$266
With One Accident$416$283
With One DUI$522$303
Get Your Rates Quote Now
Compare RatesStart Now →

State Farm is the cheapest company overall when you base car insurance rates off driving record. Allstate Insurance’s cheapest rate is more expensive than State Farm’s DUI-based car insurance.

Which is cheapest by credit score?

Did you know auto insurance companies correlate your credit score to risk? In other words, car insurance companies will issue car insurance rates based on your credit.

Why? According to Experian, auto insurance companies believe policyholders with good credit are less likely to file a claim.

Monthly Allstate vs. State Farm Auto Insurance Rates Based on Credit Score
Credit Score SummaryAllstate Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Good Credit (670-739)$322$181
Fair Credit Score (580-669)$382$238
Poor Credit Score (300-579)$541$413
Get Your Rates Quote Now
Compare RatesStart Now →

Both companies are tough on customers with poor credit as seen in the auto insurance rates. If you can keep your Allstate claims and State Farm claims to a minimum while you’re insured, you can secure cheap auto insurance.

Which is cheapest by age and gender?

Age is a significant factor when determining auto insurance, but gender is becoming less essential as time goes on. A few states have even outlawed gender-based auto insurance.

Why age? Your age is an indicator that explains your driving experience. So what does auto insurance look like based on age? Let’s review Allstate and State Farm’s car insurance rates below.

Monthly Allstate vs. State Farm Auto Insurance Rates Based on Age, Gender, and Marital Status
Age, Gender, and Marital StatusAllstate Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Single 17-year-old female$774$496
Single 17-year-old male$887$610
Single 25-year-old female$285$195
Single 25-year-old male$298$213
Married 35-year-old female$263$173
Married 35-year-old male$260$173
Married 60-year-old female$243$156
Married 60-year-old male$249$156
Get Your Rates Quote Now
Compare RatesStart Now →

The cheapest car insurance rates go to State Farm policyholders who are 60-year-old, married drivers.

Teen drivers are connected to expensive auto insurance because they have a higher rate of being involved in fatal crashes. According to the Centers for Disease Control (CDC), fatal car accidents are the leading cause of death among U.S. teens.

Which is cheapest by coverage level?

Your coverage level is based on the coverage limits you need. The lowest coverage level is your state minimum car insurance requirements.

However, medium and high coverage levels are higher limits you could use if an accident exceeds the minimum coverage limits.

What are Allstate and State Farm auto insurance rates based on coverage level? Here are the rates we found.

Monthly Allstate vs. State Farm Auto Insurance Rates Based on Coverage Level
Coverage Level SummaryAllstate Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Low Coverage Level (Depends on State)$386$255
Medium Coverage Level (50/100/50)$408$272
High Coverage Level (100/300/100)$428$288
Get Your Rates Quote Now
Compare RatesStart Now →

State Farm continues as the cheaper auto insurance company – even State Farm’s highest coverage level rate is cheaper than Allstate’s lowest coverage level rate.

Which is cheapest by commute mileage?

Commute mileage, sometimes called annual mileage, determines your auto insurance rate based on the miles you’re estimated to travel during the policy. If you want to drive more, you’ll pay more.

However, some companies don’t issue higher rates. Let’s look at Allstate and State Farm to see if rates increase based on commute mileage.

Monthly Allstate vs. State Farm Auto Insurance Rates Based on Commute Mileage
Estimated Commute MileageAllstate Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
10 Miles Commute (6,000 miles/yr)$403$265
25 Miles Commute (12,000 miles/yr)$411$279
Get Your Rates Quote Now
Compare RatesStart Now →

Although State Farm is cheaper, auto insurance rates based on commute mileage increase more than with Allstate. However, Allstate auto insurance continues as the more expensive company.

Allstate vs. State Farm Auto Insurance Coverages

Now that you know how much you can pay for Allstate and State Farm, it’s time to explore what coverages are provided by both companies.

Allstate and State Farm Auto Insurance Coverage Comparison
Allstate Auto Insurance CoveragesState Farm Auto Insurance Coverages
Collision coverageCollision Coverage
Comprehensive coverageComprehensive Coverage
Bodily Injury LiabilityLiability Coverage
Property Damage LiabilityCar Rental and Travel Expenses Coverage
Uninsured & Underinsured Motorist CoverageUninsured Motorist Coverage
Rental Reimbursement CoverageUnderinsured Motorist Coverage
Personal Umbrella PolicyMedical Payments Coverage
Personal Injury ProtectionEmergency Roadside Assistance
Sound System InsuranceRideshare Driver Coverage
Roadside Assistance
Classic Auto Insurance
Travel Auto Insurance to Mexico
Get Your Rates Quote Now
Compare RatesStart Now →

When it comes to coverages, Allstate has State Farm beat. Allstate has more coverage policies including classic car insurance and sound system coverage. To read more about Allstate coverages, check out our Allstate auto insurance review for more details.

Allstate vs. State Farm Auto Insurance: Who Has More Discounts?

Discounts are the tread and rubber that can get you rolling toward cheap auto insurance. If you’re eligible for more than one discount, expensive rates will deflate under the weight of lower prices. Let’s see how Allstate and State Farm discounts stack up.

Comparing Allstate and State Farm Auto Insurance Discounts
Auto Insurance Discount NameAllstate Discount ValuesState Farm Discount Values
Accident Forgiveness30%N/A
Accident-Free DiscountN/A15%
Anti-lock Brake Discount10%20%
Anti-Theft Device Discount10%15%
Claims Free Renewal DiscountN/AVaries
Daytime Running Lights DiscountN/AVaries
Deductible discountVariesN/A
Defensive Driver Discount20%5%
Driving Habits DiscountN/A30%
Driving training discountVariesVaries
Early Quote Discount10%N/A
E-billing Discount10%N/A
EV/Hybrid Discount10%N/A
Family DiscountVariesN/A
Farm Vehicle Discount10%N/A
Good Credit DiscountN/A80%
Good Driver Discount10%25%
Good Payer Discount5%N/A
Good Student Discount10%25%
Home Owner DiscountN/AVaries
Low Mileage Discount10%10%
Loyalty DiscountN/AVaries
Mature driver discountN/AVaries
Military DiscountN/AVaries
Multiple Policy Discount10%17%
Multiple Vehicle Discount10%20%
New Car Discount15%40%
Paid in full discount10%N/A
Paperless documents discountVariesN/A
Passive Restraint Discount10%40%
Preferred payment discount5%N/A
Prepay Discount10%N/A
Senior Adult Discount5%Varies
Student Away at School Discount5%Varies
teenSMART Discount35%15%
Travelink DiscountN/AVaries
Utility Vehicle DiscountVariesN/A
Get Your Rates Quote Now
Compare RatesStart Now →

Allstate has 27 discounts, but State Farm has 18 discounts. If you happen to qualify for all these discounts, you can save a lot of money per year. Even Allstate’s expensive car insurance rates can be brought down.

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption

Allstate vs. State Farm Auto Insurance: Financial Strength and Credit Ratings

Financial and credit ratings are important because they describe how well companies manage money and how well companies respond to customers. AM Best, Moody’s, and S&P focus more on the financial strength and credit ratings.

The Better Business Bureau, NAIC Complaint Index, J. D. Power, and Consumer Reports narrow down customer reviews. Let’s see where Allstate and State Farm car insurance stand.

Allstate vs. State Farm Financial Strength and Credit Ratings
AgenciesAllstate RatingsState Farm Ratings
AM BestA+ (Excellent)A++ (Superior)
Better Business Bureau (BBB)A+A+
Moody'sA3 (Good)Aa1 (Excellent)
S&PAA- (Very Good)AA (Excellent)
NAIC Complaint Index0.410.98
J.D. Power - Power Circle RatingsAbout AverageBetter Than Most
Consumer Reports8889
Get Your Rates Quote Now
Compare RatesStart Now →

Overall, State Farm ratings are better. Each State Farm rating is near perfect. However, Allstate car insurance has a better NAIC Complaint Index – which indicates that Allstate received fewer complaints.

Allstate vs. State Farm Auto Insurance: Mobile App Ratings

Smartphones have become essential to our daily lives. Therefore, the mobile app experience is just as important as desktop websites. Let’s examine Allstate and State Farm mobile app reviews below.

Allstate vs. State Farm Mobile App Reviews
Smart Device Stores/SystemsAllstate Mobile App Star RatingsState Farm Mobile App Star Ratings
Apple App Store (iOS)5 stars3 stars
Google Play Store (Android)4 stars4 stars
Get Your Rates Quote Now
Compare RatesStart Now →

Under Google Play Store, Allstate and State Farm have the same rating. However, customers say Allstate has a better user experience under Apple App Store.

Allstate vs. State Farm Auto Insurance: The Bottom Line

Understanding auto insurance isn’t as hard as it appears. As you shop for car insurance, take advantage of comparison shopping. Size up the average monthly rates and see how discounts can work for you.

Even Allstate’s higher than average rates can be brought down to meet your budget needs. However, State Farm’s auto insurance rates make it a tougher competitor for other auto insurance companies.

Enter your ZIP code in our free online quote tool below to compare Allstate vs. State Farm auto insurance quotes. A quote based on your personal situation may bring rates down much less than the projected prices you saw in the article.

Leave a Reply

Your email address will not be published. Required fields are marked *

Free Auto Insurance Comparison

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption