Is Esurance owned by Allstate?

Esurance is owned by Allstate. Allstate bought Esurance in 2011, but Esurance still writes car insurance policies and handles insurance claims under their company name. You can compare car insurance quotes online between Esurance, Allstate, and other car insurance companies by entering your ZIP code below.

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UPDATED: Jun 2, 2022

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Written By: Laura BerryReviewed By: Joel OhmanUPDATED: Jun 2, 2022Fact Checked

Here's what you need to know...

  • Allstate bought Esurance.
  • Allstate paid one billion dollars for the acquisition.
  • Allstate and Esurance combined own about four percent of the market.

Yes, as of October 7th, 2011, Esurance is officially owned by Allstate. The reason why Allstate bought Esurance is presumably so that Allstate can capture a greater share of the online auto insurance market.

The billion dollar acquisition of Esurance will double the number of policies sold online by Allstate.

This is great news for Allstate—but, the fact that Geico owns about 38 percent of the auto insurance policies sold online market and even post acquisition, that both Allstate and Esurance combined only own about four percent could put a little bit of a damper on things.

Compare prices from the top insurers in your area by entering your zip code above, now!

Of course, all of this competition, especially among auto insurance companies online, and maybe even this Allstate Esurance merger, is only a good thing for you, the online car insurance shopper.

The more you compare, the more you might save money on your car insurance rates

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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.

A former insurance producer, Laura understands that education is key when it comes to buying insurance. She has happily dedicated many hours to helping her clients understand how the insurance marketplace works so they can find the best car, home, and life insurance products for their needs.

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Written by Laura Berry
Former Insurance Agent Laura Berry

Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP® Joel Ohman

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