Why are State Farm's rates so expensive compared to Allstate?
I got a quote from Allstate that is half of what I'm currently paying with State Farm. How is this possible?
“Insurance companies look at a multitude of factors when determining a price for an insured. This can include age, location, credit score (in some states), driving record, and even reports from prior insurance carriers.
Each carrier rates these factors differently, which is why rates vary from carrier to carrier. Insurance isn’t one size fits all, so there’s a lot that can impact your rate!
If you feel your current insurance carrier is too expensive, you can switch to another provider. But don’t just limit yourself to Allstate—get car insurance quotes online from multiple carriers. By doing so, you can see what the cheapest rate for you will be.
If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. This free app can collect quotes from up to 45 top insurance companies in seconds!
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
How do I pay off my car loan early?
I don't want to keep paying for my car for another two years. What are some ways to pay off the loan quickly?
Apr 05, 2021
How much auto liability insurance should we have on our two vehicles?
We have two vehicles, a 2018 Chrysler 300 that is owned and a 2020 Hyundai Santa Fe that is leased. Most of the cars in our neighborhood are late-model expensive cars. How much liability coverage is enough without being too much?
Apr 26, 2021