Allstate and Farmers are large insurers that provide a variety of auto insurance options. Allstate offers lower insurance premiums and has higher customer satisfaction ratings for auto claims, according to J.D. Power. But Farmers offers a bigger selection of auto insurance discounts.
When searching for a new auto insurance policy, it’s a good idea to compare multiple insurance companies and their rates, customer service, discounts, and coverage options to find the best policy for your needs.
Overall, Allstate wins over Farmers as the top insurer based on its lower premiums, higher J.D. Power customer satisfaction score for auto claims, and higher IQ Score.
Both companies offer all the standard auto insurance options, including liability insurance, collision insurance, and comprehensive insurance. They also offer a variety of add-ons. But Farmers doesn’t offer gap insurance. When comparing discounts, Farmers has a larger selection than Allstate.
Allstate insurance company is the fourth-largest auto insurance company, with 10.6% of the market share, according to the National Association of Insurance Commissioners (NAIC). Allstate offers a variety of insurance products, including property, life, business, phone protection, and more.
Farmers auto insurance is the seventh-largest insurance company in the U.S., with 4.7% of the market share. In addition to car insurance, Farmers offers home, life, business, pet insurance, and more.
Allstate and Farmers have telematics programs that can give you a discount on your rates if you’re a safe driver.
Drivewise is Allstate’s free telematics tool that tracks your driving behaviors and rewards good driving with discounts. This is an optional program that you can enroll in using Allstate’s mobile app. You can receive a policy discount just for enrolling in Drivewise, and it’s possible to receive a policy credit every six months. The amount and type of savings vary between states.
Farmer offers a similar program called Signal. You can download the Signal by Farmers app on your smartphone, and it monitors your driving behaviors, including your speed, braking habits, and when you use your phone. When you renew your policy, you can potentially save money if you practice safe driving. But if you demonstrate risky driving behaviors, it could cause your premiums to increase when you renew.
When comparing Allstate and Farmers on price, Allstate has the cheapest car insurance, according to Insurify rate data. Allstate premiums are lower on average for drivers with a clean record, as well as drivers with a violation, including a ticket, accident, or DUI.
The cost of your insurance policy will depend on many factors, including your age, gender, ZIP code, driving history, type of insurance coverage, and the car you drive.1
If you want to keep your insurance premiums low, aim to keep a clean driving record. A record that includes an accident and speeding tickets can result in higher insurance costs. Allstate offers cheaper insurance for people with clean driving records.
Having speeding tickets on your driving record can cause your premiums to go up. For these drivers, Allstate offers cheaper insurance than Farmers.
Teen drivers pay the highest insurance premiums due to lack of experience and because they engage in risky driving behaviors, including distracted driving and speeding.2 Allstate has cheaper rates than Farmers for teen and young drivers.
Many states permit insurers to use credit history as a factor in determining insurance premiums. Poor credit is associated with a higher likelihood of filing a car insurance claim.3 Good credit may help lower your monthly insurance rates. Allstate offers cheaper rates for drivers with bad credit.
In general, senior drivers obey the rules of the road, speed less, and have more driving experience. This can result in lower insurance premiums.4 Senior drivers looking for the cheapest car insurance rates should go with Allstate over Farmers.
In addition to auto insurance, both Allstate and Farmers offer a variety of other insurance products, including homeowners insurance, life insurance, and business insurance.
When it comes to auto coverage, both companies offer the main types of insurance, including liability coverage, collision coverage, comprehensive coverage, and uninsured/underinsured coverage.
Both companies also provide a variety of add-on coverages. But Allstate offers gap insurance coverage, and Farmers doesn’t.
Allstate and Farmers both offer a variety of useful discounts, but Farmers takes the win for the number of available discounts.
Through Farmers’ affinity discount, employees and retired employees in certain occupations — including doctors, RNs, dentists, teachers, and firefighters — can take advantage of special savings. The same is true for military customers who are active duty, active reserves, retired, or veterans who have been honorably discharged.
The table below highlights some of the discounts available to Allstate and Farmers customers.
When comparing Allstate and Farmers car insurance companies, this additional information may help you decide.
No, Farmers and Allstate aren’t the same — they’re different insurance companies. Both companies provide a variety of insurance products, including auto insurance, homeowners insurance, life insurance, and business insurance.
Compared to Allstate’s average monthly liability premiums of $71, Farmers monthly premiums of $110 seem very expensive. But Farmers’ monthly liability premium is only slightly higher than the national liability-only average of $103. Your individual car insurance premiums depend on a variety of factors, including your age, gender, ZIP code, and driving record.
Allstate and Farmers scored similarly for customer satisfaction in J.D. Power’s 2023 U.S. Auto Insurance Study. Allstate received a rating of 814 out of 1,000, and Farmers received a rating of 802. Both Allstate and Farmers have low scores of 1.4 and 1.5 out of 5 stars on Trustpilot, which could indicate a poor customer service experience. If customer service is important to you, researching these and other companies is the best way to see which ones have the best ratings.
Allstate has a slightly higher overall claims satisfaction ranking at 882 out of 1,000 versus Farmers’ ranking of 878, which is the industry average, according to J.D. Power’s 2023 U.S. Auto Claims Satisfaction Study. Their similar ratings indicate that both companies can pay out claims.
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