Allstate vs Progressive

Allstate vs Progressive Car InsuranceWhen you are trying to choose between Allstate vs. Progressive, it can make a huge difference if you already know some facts and information about each insurance company.

Below are several critical facts and background information to help you make a more educated choice.

Read through this Allstate Progressive comparison and then enter your zip code in to do your own car insurance comparison!

How Big Is Allstate?

Right behind State Farm, Allstate is the second auto insurance company in the United States. Allstate total amount of revenue was 29.4 billion in 2008.

Their property liability business made $26.8, the financial services earned $2.58 billion and $32 million was made by their corporate and other divisions.

Allstate has become known for its, “Are you in good hands”, slogan which it has used since 2004 along with, “That’s Allstate’s stand”.

How Allstate Insurance Has Grown

Allstate started as a division of Sears & Roebuck in 1931. It is based in Northbrook, Illinois. Allstate has become an independent insurance company that provides 13 different types of insurance along with other products and services including:

  1. Life insurance
  2. Commercial insurance
  3. Homeowners insurance
  4. Automobile insurance
  5. Retirement products
  6. Investment products
  7. Banking services

Allstate’s Customer Satisfaction Rating

A major consumer reporting company, A.M. Best, rated Allstate as superior or A+. Another company that evaluates insurance customer service, is J.D. Powers and Associates. This company performed a “2008 National Insurance Study” that showed Allstate as average. Their study rating each category on a 1 to 5 scale, 1 being “poor” and 5 “among the best”. These are the results:

  • Prices offered – 2
  • Experience overall – 3
  • Policies provided – 4
  • Insured being contracted – 3
  • Payment and billing – 4

Progressive Insurance Company’s Development

Progressive Casualty insurance company was started by Joe Lewis and Jack Green in 1937. It is based in Mayfield Village in Ohio. Progressive has more than 10 million active auto policyholders in the United States. In 2009, Progressive began offering auto insurance in Australia.

Progressive: Unique Services

Progressive was first to provide automobile insurance mainly through an online website and through the telephone. They also introduced an unique pet coverage in 2007. Their pet coverage is for cats and dogs that become injured in an automobile collision and is provided at no charge. Progressive also provides fast quotes and rate comparisons among insurance competitors.

How Does Progressive Rank Among Consumers?

In a study that rated website performance and design done by Keynote, gave Progressive “top honors”. This rating was submitted regardless of the complaints recorded by customer feedback websites.

Progressive insurance customer service was given an A+ (superior) by A.M. Best company. This was based on Progressive’s financial stability and how well they paid claims.

In 2008, J.D. Powers and Associates also conducted a Progressive consumer survey, using the identical 1 to 5 scale as with Allstate. Here are the results:

  • Experience in general – 3
  • Policies provided – 3
  • Payment and billing – 3
  • Prices – 3
  • Insured being contacted – 3

These ratings suggest that comparing Allstate vs. Progressive, Allstate appeared little above average with a 3.2 rating and Progressive as average with a 3.0.

Allstate Progressive Comparison

When you do your own personal Progressive and Allstate car insurance comparison be sure to enter your zip in on this page to compare quotes from many different companies so you can find cheap car insurance rates. Get started now!

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