Although Allstate’s prices are on the higher end, the insurance company offers a solid menu of discounts that help shave up to 30% off premiums, including a premier discount that rewards you for driving for three years without accidents or violations with a 22% discount. This carrier offers a large selection of services ranging from home and auto insurance to life insurance, annuities and mutual funds.
J.D. Power’s 2016 Allstate review gave the company an average rating in overall satisfaction. It also earns a superior rating from A.M Best based on its financial strength.
Number of employees: ~42,900 (December 2017)
Net income: US$3.189 billion (2017)
Parent: Sears (1931–1995)
Headquarters: Northbrook, Illinois, U.S.
What sets Progressive apart from other insurers is its “Name Your Price” tool, which helps you find the policies that fit your budget. Progressive also has an online quote tool that gives you an estimate of the company’s rates along with the rates of some of its top competitors. With numerous integrated discounts, including multi-car and safe driver discounts, it’s easy to create a custom package with just the right amount of coverage and a premium that works for you.
In its 2016 Progressive review, J.D. Power ranked Progressive as average in overall satisfaction. A.M. Best gives Progressive an A+ for financial stability and strength.
Key people: Tricia Griffith, President and CEO
Traded as: NYSE: PGR; S&P 500 component
Revenue: $30 billion USD (2018)
Industry: Vehicle Insurance