Allstate Home Insurance Review 2023 – USA TODAY Blueprint

About Allstate Home Insurance

In the year In 1931, executives of the Sears department store in Chicago founded Allstate to provide auto insurance. Twenty-three years later, Allstate began offering policies to protect homeowners from fire damage.

Now based in the Chicago suburb of Northbrook, Allstate is the second largest home insurance provider in the country, behind State Farm. Along with homeowners insurance, Allstate offers renters, condo, motorcycle, business and other insurance and financial services.

Allstate’s average annual home insurance rates

Allstate’s relatively low home insurance rates earn you a spot among our cheapest homeowners insurance companies. You can save even more by qualifying for discounts offered by Allstate.

Allstate along with other home insurance companies

Here’s how Allstate rates compare to homeowners policies $350,000 worth of home coverage.

Allstate home insurance coverage

Allstate home insurance policies include the standard types of coverage you would expect in an HO-3 policy, the most common type of home insurance.

Residential coverage

Pays to repair or rebuild after the structure of your home is damaged by a problem covered by your policy, such as an electrical fire or a tree falling on your roof during a storm. Your occupancy limit should be equal to the replacement value of your home, or what it would cost to rebuild with the same materials after a house fire.

Covering other structures

Pays to repair or rebuild detached structures on your property if they are damaged by a problem covered by your homeowner’s policy, such as garages, fences and gazebos.

Personal property coverage

It pays you if your personal items, such as furniture, electronics and clothing, are stolen or damaged due to a problem covered by your policy. It typically pays the fair cash value of your property, which means a discount is factored into your claim settlement. You may be able to upgrade to replacement cost coverage to pay for your damaged items at today’s value.

Loss of use coverage

If you live in your home, it pays you for expenses that you wouldn’t normally pay but have to cover because your home is damaged by a covered loss and is left uninhabitable, such as after your home burns down. Examples of covered expenses include hotel rooms, laundry services, and catering.

Liability coverage

It pays someone else for any injuries or property damage you cause (for example, if your dog bites someone) and provides your legal defense if you’re sued. You can typically get $100,000 to $300,000 in liability coverage.

For other medical expenses

Covers the medical expenses of a visitor injured on your property – when the incident is not sufficient for a liability claim – regardless of who was at fault for the accident. You can typically get up to $5,000 in this coverage.

Types of damage covered by Allstate home insurance

HO-3 policies, the most common type of home insurance, provide protection. The structure of your home “All perils” means you’re covered unless the problem is listed as an exclusion in your homeowner’s policy.

Allstate home insurance covers

In HO-3, Your personal property It protects against 16 types of damage, or named perils, including:

• Fire and lightning.
• Storm and snow.
• Explosions.
• A riot or public commotion.
• Damage caused by aircraft (not your own).
• Damage caused by vehicles (not your own).
• smoking
• Mischief or insidious malice.
• Burglary and housebreaking.
• Falling things.
• The weight of snow, ice or snow.
• Sudden leakage or flow of water or steam.
• Sudden and sudden separation, cracking or burning.

Allstate home insurance does not cover

Not all homeowners insurance policies include coverage for certain types of losses. Here are some risks that an Allstate homeowners policy may not protect against.

• earth movement; Damage to your home from earthquakes, sinkholes, mudslides, or other types of earth movement is not covered. But if these activities cause a fire that damages your home, the fire damage will be covered. Allstate offers earthquake insurance in select regions.
• Pests: Home insurance does not cover pests that are considered general maintenance or gradual damage issues.
• Water or sewage disposal; If raw sewage comes out of your sewer pipes while the city is doing sewer work, you’ll have to pay out of pocket for the repairs.
• Flooding When water enters your home due to heavy rains, dam failure, overflowing rivers, or other causes, you need a separate flood insurance policy to cover your losses.
• Ignore: You are expected to perform regular maintenance to keep your home in good condition.
• Activities of War; Home insurance does not include coverage for acts of war.
• Intentional damage; You can’t flood your kitchen on purpose, then file an insurance claim to have it rebuilt.

Additional coverage offered by Allstate

If you need more protection than a basic homeowners policy, Allstate offers several ways to upgrade your policy. Here are some of them:

• Umbrella insurance. This separate policy offers more liability coverage than your homeowner’s or auto insurance policies, typically at least $1 million. It starts after you qualify for liability coverage from your homeowners policy (and/or auto policy).
• Planned personal property. Basic policy limits how much money can be paid to steal high-value items such as photography equipment and jewelry. You can add scheduled personal property coverage to your Allstate homeowners insurance policy to protect yourself for the full amount of your loss.
• Building code improvement. Also called “systemic or legal coverage,” this coverage can help cover additional costs if it becomes too expensive to repair or rebuild your property and meet new, stricter building codes.
• Electronic data processing equipment. Pays higher for computers and similar equipment.
• Occasional office, private studio or school. Extends protection to cover certain commercial items, furniture and supplies not covered by standard home insurance.
• Water backup. This coverage can pay for repairs if your home is damaged by sewage or sewage.
• Identity Theft Recovery. It pays to help recover your identity if it’s stolen.
• Green progress. It helps cover the cost of replacing damaged assets with more energy efficient equipment.
• Courtyard and garden. Expands coverage limits for damage to your lawn and garden if it’s damaged by a covered problem, such as a fire.

Allstate home insurance discounts

Like most homeowners insurance companies, Allstate offers discounts to its customers. Here’s how you can qualify for savings.

High deductible

Your deductible is the amount deducted from your claim before your insurance claims check is issued. The higher your deductible, the cheaper your home insurance, but it also means you’ll pay less for repairs in the event of a property damage claim.

If you raise your deductible from $500 to $2,000 with Allstate, you can see. 18% Out of your home insurance premiums. Our insurance experts scored high deductible offers as a result, and Allstate’s high deductible offer was better than average.

wrap up

Although Allstate doesn’t make our best home and auto bundles, having more than one Allstate policy can still lower your rates. If you let Allstate cover your car and home, for example, you can save up to 15%According to our analysis.

Responsible payer

Allstate offers discounts for paying your premiums on time and in full. You can also save up to 5% by making automatic payments.

There are no recent claims

New customers can get up to 20% claim free discount if they have no recent home owner claims on their record.

Welcome and loyalty

Allstate offers a 10% discount to new customers, just for switching insurers. This discount will continue each year you renew.

Early signing

You can save up to 10% if you don’t wait until the last minute to renew an expiring policy.

Home safety and security

Having fire and burglar proofing equipment can slow you down.

Allstate home insurance reviews and complaints

Allstate a Very low According to the data, the amount of complaints National Association of Insurance Commissioners (NAIC) Allstate’s complaint rate is below the industry average, and our insurance experts rate it with stars.

The NAIC files complaints about homeowner’s insurance companies with state insurance departments. When filing a claim, complaints are usually about delays, denials or settlements.

Submitting an Allstate home insurance claim

You can submit a home insurance claim to Allstate in one of four ways.

• Log in to your online account.
• Use the Allstate mobile app.
• Call your Allstate agent.
• Call Allstate Claims Support at 1-800-255-7828.

You must provide evidence of your loss, the type of loss, and details of the circumstances surrounding the loss. Once you submit your claim, you can track the status 24 to 48 hours later using these same methods.

method

Our insurance experts reviewed quotes from 174 different home insurance companies and rated companies on four key factors: rates, consumer complaints, high deductibles available and whether the insurer offers extended or guaranteed replacement cost coverage.

Each home insurance company was eligible for 100 points, each factor carries a different weight.

• Rates: 60 points. We analyzed home insurance rates from Quadrant Information Services. Average rates are based on policies with residential coverage of $200,000, $350,000, $500,000 and $750,000. The homeowner’s profile was someone with a good credit score and no claim history.
• Complaints: 25 points. We collected complaint data from the National Association of Insurance Commissioners, which shows the volume of home insurance consumer complaints against each company. When a consumer files a complaint with their state’s insurance department – often about an insurance company’s claims process, delays, denials or settlements – these complaints are filed.
• Upgrade of extended/guaranteed replacement cost coverage: 10 points. We reviewed whether a company offered extended and/or guaranteed replacement cost coverage. This type of coverage extends housing boundaries and is especially important when inflation and natural disasters face rebuilding costs across the country.
• Maximum discount: 5 points. Increasing your deductible is one of the easiest ways to lower home insurance costs. We’ve reviewed the discounts companies offer when they make deductibles.

Elstate scored 4 out of 5 stars in our analysis of the best home insurance companies.

Frequently Asked Questions (FAQs)

What is Allstate HostAdvantage?

Allstate HostAdvantage covers homeowners who rent out their properties through home-sharing services like Airbnb and Vrbo. It’s the Allstate version. Short term rental insurance or home sharing insurance. HostAdvantage offers more coverage than a typical homeowner’s policy to protect you as guests against the financial risks of theft or damage to your property.

Is Allstate good at paying claims?

Consumers who experience claims delays, denials or settlement problems can file a complaint with their state insurance department. Allstate has a very low complaint rate.. Our insurance experts collected the complaint from the National Association of Insurance Commissioners Best home insurance companies.

Does Allstate offer home insurance in Florida?

Allstate does not offer new home insurance in all Florida zip codes. Depending on where you live, you may be insured with an affiliate or subsidiary company instead.

Check out your options: Best home insurance in Florida