Allstate vs. State Farm Auto Insurance Review 2024 (Head-to-Head Comparison)

State Farm auto insurance rates are approximately $1,600 cheaper per year than Allstate, making it a significant factor in the Allstate vs. State Farm auto insurance review. With various discounts and coverage options, State Farm’s lower premiums and high customer ratings often make it the top choice. Evaluate the savings and discounts to determine the best insurance provider for your needs.

Searching for your next insurance provider can be complex. To simplify, we’ll concentrate on comparing Allstate vs. State Farm auto insurance. For those interested in more details, check out our Allstate auto insurance review. Discover how State Farm offers cheaper insurance than Allstate and see which provider suits you best.

Wondering if Allstate or State Farm is best? Enter your ZIP code in our tool to find affordable auto insurance quotes in your area.

Allstate vs. State Farm: Comparing Which Is Cheaper

When you start the process of insurance comparison, you probably want to start with something that’s really important to you: price. Find cheap auto insurance companies here.

So, Allstate or State Farm, who has the best auto insurance coverage rates?

Let’s take a look at a table that will show the average annual auto insurance rates for not only Allstate and State Farm, but all of the main insurance companies.

Imported from Manual Input

Insurance Company	Average Annual Rates
	$2,539.87
	$3,213.97
	$3,269.80
	$3,544.37
	$3,449.80
	$4,018.46
	$4,166.22
	$4,462.02
	$4,896.81
	$6,058.57

As you can see, Allstate is cheaper than only one company: Liberty Mutual. State Farm, however, is cheaper than American Family, Nationwide, Progressive, Farmers, Travelers, Allstate, and Liberty Mutual.

It’s clear that State Farm offers the best auto insurance pricing. If you’d like to learn more about State Farm, be sure to read our article State Farm Auto Insurance Review.

Read more:

• Progressive vs. State Farm: Best Auto Insurance
• Allstate vs. American Family: Best Auto Insurance

Allstate vs. State Farm: Offers Better Discounts

If we stress anything to you, let it be this: discounts are important. Accrue as many as you can that are applicable to your life’s circumstances. There are a wide array of discounts, many of which will be shown in the next table. This table shows the discounts offered by Allstate:

Allstate discounts

Discounts
Adaptive Cruise Control
Adaptive Headlights
Anti-lock Brakes	x
Anti-Theft	x
Claim Free	x
Continuous Coverage	x
Daytime Running Lights	x
Defensive Driver	x
Distant Student	x
Driver's Ed	x
Driving Device/App	x
Early Signing	x
Electronic Stability Control	x
Emergency Deployment
Engaged Couple
Family Legacy
Family Plan
Farm Vehicle	x
Fast 5
Federal Employee
Forward Collision Warning
Full Payment	x
Further Education
Garaging/Storing
Good Credit
Good Student	x
Green Vehicle	x
Homeowner
Lane Departure Warning
Life Insurance	x
Low Mileage	x
Loyalty
Married
Membership/Group
Military	x
Military Garaging
Multiple Drivers
Multiple Policies	x
Multiple Vehicles
New Address
New Customer/New Plan
New Graduate
Newer Vehicle	x
Newly Licensed
Newlyweds
Non-Smoker/Non-Drinker
Occasional Operator
Occupation	x
On Time Payments	x
Online Shopper
Paperless Documents	x
Paperless/Auto Billing	x
Passive Restraint	x
Recent Retirees
Renter
Roadside Assistance
Safe Driver	x
Seat Belt Use
Senior Driver	x
Stable Residence
Students & Alumni
Switching Provider
Utility Vehicle	x
Vehicle Recovery	x
VIN Etching
Volunteer
Young Driver
Discounts Provided #	29

As you can see, of the 67 discounts listed, Allstate offers 29. What discounts does State Farm offer?

State Farm discounts

This table was a little different but still goes to show that State Farm, not unlike Allstate insurance, offers a wide array of discounts.

These range from having safety features in your vehicle (an increasingly common occurrence), to being a defensive driver, to owning multiple vehicles. In short, you have options.

Allstate vs. State Farm: Availability by State

When you compare auto insurance policy prices, some companies will pop up in the tool more frequently than others. This is because companies like Allstate and State Farm have spent years in the business building goodwill and expanding.

So, how many states is Allstate currently writing in? It turns out, every last one.

How about State Farm? Well, Allstate is going to win this one because State Farm does not write in Massachusetts, New York, and Wisconsin.

Allstate vs. State Farm: Insurance Reviews

One last thing to look for when you are comparing companies is their ratings from companies like A.M. Best and the Better Business Bureau (BBB).

A.M. Best’s rating system is taken extremely seriously by insurers because it can either ward off or attract customers. Better yet are their Long-Term Issuer Credit Ratings. These exist to instill confidence in regard to the companies’ futures.

A.M. Best’s rating system ranges from A++ down to D. Currently, Allstate has a rating of A+ (Superior) from A.M. Best. State Farm, however, has a rating of A (Excellent). So, while State Farm insurance is rated lower, it’s still pretty close.

As far as Long-Term Issuer Credit Rating goes, State Farm received the highest rating possible of a++. Allstate, however, has recently been demoted from aa to aa-. Because the credit ratings are under review, we can assume that there may be another rating demotion in the future. A clear win for State Farm.

The BBB gave Allstate a rating of A+, which is their highest rating. With that being said, Allstate is not accredited as of this time.

How about State Farm? The BBB gave the also unaccredited State Farm a rating of A. So, in terms of company ratings, Allstate wins.

Before making any final decisions on your insurance company, it is important to learn as much as you can about your local insurance providers, and the coverages they offer. Call your local insurance agent to clear up any questions that you might have. Questions to consider asking include, “What is the best coverage plan for me/my family/my situation?” “How much insurance coverage do I need? “What are the minimum coverage requirements in my state and what form of coverage options do you recommend?” “Do you guys offer any bundle discounts if I take out both my auto insurance and home insurance with you?” and “What is the average rate of insurance quotes you guys offer?”

Before making any big insurance decisions, use our free tool to compare insurance quotes near you. It’s simple, just plug in your ZIP code and we’ll do the rest!

Hopefully, we have helped you today. But, don’t stop at this comparison. Type your ZIP code into our free and helpful tool below to find and compare auto insurance companies‘ quotes in your area. It’s certainly easier than calling up the Allstate claims department or Jake from State Farm.