Allstate vs State Farm - Which is the better company?

by Guest » Thu Dec 13, 2007 05:03 am

State Farm is known to employ more than 60 million individuals dedicated to provide serving millions and providing them with insurance solutions. All state has more than 70 000 professionals offering insurance solutions to millions of individuals.

The consumer's point of view

Consumers are divided in their opinion of the two companies. Some think that State Farm is the better provider while others think Allstate is. There are individuals in our community who believe that since both State Farm and Allstate are big names in the insurance industry, it is hard to compare them both.

State Farm and Allstate seems to have a tough competition between them where they have almost equal votes in their favor. Both State Farm and Allstate share the same amount of criticism too from agents as well as consumers. Individuals have accused one of the 2 companies of denying claims for absurd reasons and the other of not paying claims again for absurd reasons.

The community has a State Farm agent putting his vote in favor of both the companies. The agent says that State Farm gives more importance to professionalism and a sense of healthy competition.

Complaints against State Farm

  • This company is accused of not being clear in their contract with the agents.
  • They have the reputation of overcharging consumers.

The fact of the matter is that, all insurance companies seem to have unhappy customers or employees. Each company has different policies and hence they may or may not suit a customer or an individual looking for employment with that organization.

Related Readings:

I am interested in opening my own auto insurance agency. Can you advise which one is better between Allstate and State Farm? thanks

Total Comments: 91

Posted: Thu Dec 13, 2007 10:38 am Post Subject: Jus a little thing

Hi, State Farm is not bad for you if you're not a body shop. You should know that state farm claim car repairs offer lesser amount as compared to AllState. But then again All state is costlier in terms of Auto insurance premiums. Hope thats clear enough! Bobby_Rudy

Posted: Thu Dec 13, 2007 10:54 am Post Subject: I'll vote for State Farm

hi all!
I think people are generally happy with State Farm. Now, that I have my insurance with them for years - I see that they were never apprehensive towards paying for my broken sewer. Moreover the premiums remain flat. Isn't that a good deal?

Posted: Thu Dec 13, 2007 11:03 am Post Subject:

Honey, Allstate and State Farm, are the two biggies in the US insurance industry. Therefore, it's very hard to compare between them. The above two posters have commented in favor of State Farm but I'm darn sure that you will come across many who are happy with Allstate. State Farm or Allstate doesn't affect much an agent as long as he is OK with understanding the needs of his clients.

Hope you will choose the right path for you.

Posted: Thu Dec 13, 2007 11:11 am Post Subject: State Farm vs All state

Well my friend,

In that case I'm sure you'd love to count upon the feedback of an agent as well. Am I right ? I've worked with both of these companies ( n my experiences with State farm was not good even though their programes & rates were seemingly better for the prospects) but I won't share with you anything about my present company as I wanna remain neutral within this conversation. But yeah, there is something that you ought to know - customers would count a lot on their local agents.

See, now that I'm an agent, I do share both my cell phone no. as well as my residential no. with my customers. & I also walk that extra mile to accept payments from my customers even though it is the first day of the week. I remain focussed lest their policies may get canceled.

I don't thing it is a mistake for anyone to switch in to a new carrier every year ( keeping in mind the rates & disc). But yes, when I have a fairly strong bonding developed between me & my customers then I believe, it matters to them the most. All that they want is to discuss freely about the rates & the benefits that come up time to time!
Thus I'd firmly believe that its somewhat difficult to conclude at this note as the rates may vary owing to the varying effect of the policies upon different things.

Posted: Fri Dec 14, 2007 05:55 pm Post Subject: becoming state farm agent

Have you considered Farmers?
I could write volumes on why I don't like Allstate and know people who could do the same with State Farm. One denies claims for ridiculous reasons and the other seems to have a history of not paying claims for any reason.
I'm afraid that the only person who controls the way you do business is you. Ethical, honest, trustworthy, consumer-conscious agents are not as common as you might think.

When your policy holder gets "jerked around" over a claim, you'll need to take a stand for your client. Even if it involves administrative action, sometimes someone has to challenge the system. Your clients depend on you.

Posted: Sat Dec 22, 2007 04:39 am Post Subject: I am an Agent

Being a state farm agent , I find it a great way to go... competitive to get in. Allstate you buy your book of business... State Farm you earn it thru professionalism and competition. They are both good companies. Go interview both companies.

Posted: Sat Dec 22, 2007 09:36 am Post Subject:

Hey Keruxjts, why don't you become a community member by signing up. I am sure being a state farm agent you would be of help for all of us here.

Am I right, guys? :D


Posted: Thu Jan 17, 2008 03:46 pm Post Subject: Farmers? Bad Choice

I entered the Farmers system last year and became increasingly disllusioned as each day passed. This company talks a good game, but when you start looking under their knickers you'd better have eye protection!

Am also talking with State Farm and Allstate. All insurance companies have unhappy customers, but who tries to do something about it?

Posted: Wed Jan 23, 2008 06:51 pm Post Subject: Becoming State Farm agent: check the terms of new contract

Unfortunately, being a state farm agent I can not recommend starting the new contract the way its structured today. Be an Independent Agent and actually own what you produce. If I was starting over that's what I would do being a state farm agent.

Posted: Wed Feb 13, 2008 10:05 am Post Subject:

So can you highlight some of the things that are not favorable to new State Farm agents. All I've heard from every other State Farm agents and employees is how bad the new contract is for the new agents. I think it's called AA97? State Farm wouldn't disclose any of it to me. I think their response was, "Don't worry about that right now". If State Farm can't disclose their contract before I commit to them, I'm scared to think what else I have to worry about once I do commit to them. Allstate wasn't scare to disclose their contract and agreement to me. Makes you wonder...

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