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Friday, August 12th
Allstate was founded as far back as 1931 by General Robert E. Wood. Their popular slogan, "You're in good hands with Allstate" has been around since 1950, and now Allstate is the second-largest homeowners insurance company in the US. They offer not only the standard coverage but also add-on coverage depending on the weather where you live, plus riders you may need for extra protection. You can call or visit the office for quotes, or you can conveniently get them online. Their prices are slightly higher than some competitors, so it is possible to get good insurance for a little cheaper when you go with someone else. All in all, we rate Allstate highly for their coverage, customer service, and availability to the customer.
With Allstate's homeowners insurance your dwelling and other structures are always included. That means that your home will be replaced at the value of its appraisal, and exterior construction like a shed or fence will also be replaced. Your personal property will be covered, with a limit of about 75% of the dwelling amount you have listed in your policy. Any personal liability such as court fees, attorney fees, and any damages as a result of a person being on your property are covered.
You can choose the amount of coverage, within reason, typically between $100,000 and $1 million, but this all depends on the value of your home. If your home is temporarily uninhabitable due to damage or destruction, the policy will cover temporary housing and meals. This limit is usually between 10% - 30% of the coverage limit on your dwelling. Lastly included are medical payments to guests who are injured on your property. This per-person limit is also usually between 10% and 30% of the dwelling limit.
With Allstate, you can customize your coverage with supplemental policies. You can choose a policy for yard and garden, flood, earthquake, water backup, specific personal property such as itemized pieces of jewelry, sports equipment, musical instruments, business property, identity theft protection, electronic data recovery, green improvement reimbursement for upgrading appliances to energy-efficient ones after a loss, business property coverage if your business is run from your home, HostAdvantage for those who rent out their dwelling as a home-sharing vacation property, and there's a personal umbrella option as well.
The Enhanced Package
There are three benefits to the Enhanced Package. As soon as you sign up, you can get the Deductible Rewards where they take $100 off your deductible, plus an additional $100 off every year you go claim free, up to $500 total; there's a 5% reward the year after you go claim free for a year; and rates won't go up if there's only one or fewer claims in a 5-year period. Always talk with your agent to see if this package is available to you in the state in which you reside.
When you get a home insurance policy from Allstate, there are several ways to save some money:
And there's more
There are discounts for non-smokers and age 55+ customers. There can be a reduced rate for homes with storm shutters in hurricane-type areas, weather-resistant roofs to protect against hail, and a monitored home alarm that directly alerts the authorities of possible thieves or fire. If you have an auto-pay set up with Allstate, there's yet another discount.
Free digital tools
If you're a first-time home buyer, learning about the standard policy, add-on policies, limits, deductibles, ad infinitum, it can be overwhelming. Even if you're not a first-time home buyer, shopping for insurance can be a tedious learning experience. However - Allstate's free digital tools can make some of this a lot easier.
When we shopped around using a sample customer profile, we received a quote of $3,625 for a 2,200 square-foot home in Houston, Texas, finding the rate $101 per month higher than the national average, according to the Insurance Information Institute.
Three years of data from the National Association of Insurance Commissioners report more complaints against Allstate relative to its size for homeowners insurance. Some of the complaints are about price, claim issues, and poor customer service. Many of the issues express concerns that specific home damages weren't covered under their policy, such as water damage under certain conditions, according to the consumer. Note that it is always important to ask detailed questions about what your policy covers, before a disaster occurs, no matter which insurance company you choose.
Overall solid choice
Any complaints aside, Allstate is still one of the top names in the insurance industry, and with good reason. You should have no problem getting a quote and setting up your coverage quickly, whether you go through the process online or reach out to an agent. True, you may spend a little less elsewhere, but with Allstate you'll know you've got a trusted brand protecting your home and property - and that's priceless. We strongly recommend giving Allstate the opportunity to provide a quote for your next home insurance policy.
Your home is probably one of the most important and valuable assets you have. Whether you've purchased a new home or have paid off the mortgage years ago - congrats on either! - your home is an asset you'll want to protect and not be without.
If you have a mortgage on your home, the lending company may require you to show proof of insurance to assure both them and yourself that you are protected, financially and otherwise, in case of a disaster causing damage or complete destruction. Even if you have paid for your home in full, a disaster that leaves your home damaged or uninhabitable could cost thousands to repair or hundreds of thousands to replace. Most people don't have that cash on hand; or if they do, that's not how they would choose to spend it.
It's fast and easy to get a policy online. For many, it's a great decision. However, when it comes time to make a claim, you might not have purchased the right policy for you. For example, you may not have considered flood or earthquake insurance. You might not have insured your very valuable items individually, and if they're stolen, they're probably not covered.
On the other hand, if you work with an agent to get your policy, they will probably ask you a myriad of questions to get the policy you need. Online can be great, just be sure you know what you want in a policy.
Here are a few things to consider when purchasing a homeowners policy.
To provide you with the best information so that you can get the right policy and best insurance company for you, TopConsumerReviews.com has evaluated and ranked the most popular sources of homeowners insurance available today. Getting the right policy is like cuddling with a warm blanket, since you'll have that assurance you'll be covered if any damage or destruction to your home. The process of choosing a homeowners insurance policy might have seemed daunting and you may have avoided it for as long as you can, but we can help make it easy.
Select any 2 Home Insurance Companies to compare them head to head
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