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Allstate Homeowners Insurance Review

Allstate

Founded in 1931, Allstate has grown to be one of the largest insurers in the U.S., with almost $45 billion in revenue in 2020 and about 87,000 employees, agents, and support staff.

It has about 16 million customers with more than 175 million policies in all 50 states and Washington, D.C.

Allstate owns several other insurance companies, including Encompass Insurance, SquareTrade, and Esurance. It has an A+ financial strength rating from AM Best.

Allstate also created The Allstate Foundation, a philanthropic group that gives back to communities, empowers nonprofit leaders, aids domestic violence survivors, and supports students and educators.

Allstate is No. 4 spot in our Best Homeowners Insurance Companies of 2022 rating.

It lives up to its name and offers coverage in every U.S. state, plus Washington D.C. However, it didn’t make our Cheapest Homeowners Insurance rating.

At $169 a month, it’s the most expensive company in our rating, on which we were able to gather pricing data. It is considered financially strong, with an AM Best rating of A+.

Allstate has a wide range of coverage options that can be added to the standard policy to provide extra reimbursement for things that may have greater value than normal.

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