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Allstate Renters Insurance
in Renters Insurance from Allstate
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Allstate Renters Insurance

Unaffiliated
in Renters Insurance from Allstate
SuperMoney Net Recommendation Score -62  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -62, equating to 1.8 on a 5 point rating scale.

-62

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly not recommended

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Highlights
Community Rating Strongly not recommended
Financial Strength Rating A+
Home and Renters Insurance Riders
  • Valuable Items
  • Identity Theft Protection
Home and Renters Insurance
  • Guest Medical Protection
  • Renters Liability Coverage
  • Personal Property Protection
  • Reimbursed Living Expenses
Number of Reviews 13

Allstate Renters Insurance Review

Allstate Renters Insurance is an insurance carrier based in Northbrook, IL. The company was founded in 1931 and offers renters insurance in 50 states in the USA. 

Allstate Renters Insurance FAQ

What is the financial strength rating of Allstate Renters Insurance?

The financial strength rating of an insurance company scores its ability to pay contracts and policies. Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy. There are five main rating agencies.  SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.

Allstate Renters Insurance scores an A+ financial strength rating, SuperMoney's highest available rating.

What types of coverage does Allstate Renters Insurance offer?

Renters insurance includes a wide range of coverages. One of the best ways to save money on your policy is to only pay for the coverage you need. Allstate Renters Insurance offers the following types of renters insurance coverage:

Guest Medical Protection:

This helps visitors who are injured on your property. It can help cover the necessary medical expenses in an accident, regardless of who's at fault. Medical expenses covered usually include costs like ambulance rides, X-rays, surgical procedures, and hospital stays. Note that guest medical coverage doesn't apply to anyone who lives in the home or is listed on your policy.

Personal Property Protection:

  This insurance protects the items in your home, like your furniture. If they're damaged or lost, personal property coverage could help you cover the cost of replacing them.

Reimbursed Living Expenses:

This coverage reimburses the insured for the cost of maintaining a comparable standard of living following a covered loss that exceeds the insured's normal expenses. For example, it could include an insured's motel bill while fire damage to the home is being repaired or replaced or until the insured moves to a permanent residence.

Renters Liability Coverage:

If a claim is made against you or you are sued as a result of a covered occurrence, your renters personal liability coverage can help to cover the associated legal costs and related damages. For example, if a visitor accidentally trips and falls in your apartment and breaks a leg, your renters insurance policy may be able to help protect you.

Allstate Renters Insurance customers can also add the following riders or endorsements to their renters insurance policies:

Identity Theft Protection:

This rider protects homeowners in the event of identity fraud and pays for the cost of restoring their identity.

Valuable Items:

Valuable personal property coverage protects items such as expensive collections, engagement rings, watches, and other jewelry from theft, loss, or damage.

How can you save money on a Allstate Renters Insurance renters insurance policy?

When you ask for a quote with Allstate Renters Insurance, make sure you ask for all the discounts you qualify for. These are the property-specific discounts currently available.

  • Alarm System.
  • Home Monitoring System.
  • Smoke Detectors.

Want more discounts? Check the discounts tab for a full list of general policy discounts you can qualify for with Allstate Renters Insurance.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Our Editor

What we love about Allstate Home & Renters Insurance

Allstate is one of the largest, most financially stable insurers in the United States. The company offers a wide variety of insurance products, making it a solid choice for people who want to work with a single company for all of their insurance needs.

Allstate Home & Renters Insurance is relatively standard, but there are a few unique features. For example, the company’s optional Claim RateGuard will prevent your monthly premium from rising if you file a claim. You can also purchase a claim-free bonus to your policy, reducing your premiums for each year you don’t file a claim.

What could Allstate Home & Renters Insurance do better?

Allstate does a lot of its work through a large network of agents. If you like the idea of working with someone in person, that’s a plus, but if you’re looking for the convenience of managing most of the insurance process over the internet, Allstate may not be the best choice.

The company also tends to charge slightly higher premiums than the competition. If you want the cheapest possible insurance, you’ll likely want to choose a competitor instead.

Allstate Home & Renters Insurance’s backstory

Allstate Insurance is an American insurance company founded in 1931 and headquartered in Illinois. It offers a variety of insurance products, including auto, home, life, and renters insurance.

The Verdict

If you’re looking for personalized, in-person service, Allstate Home & Renters Insurance is a good choice. If you want the convenience of getting insurance online or simply want to find the lowest possible price for coverage, you should consider one of the company’s competitors.

Availability

  Available in 50 states
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Policy Discounts
  • Retired
  • Automatic Payment
  • Multiple Policy
  • Senior
Property Discounts
  • Alarm System
  • Home Monitoring System
  • Smoke Detectors
Home and Renters Insurance
  • Guest Medical Protection
  • Renters Liability Coverage
  • Personal Property Protection
  • Reimbursed Living Expenses
Home and Renters Insurance Riders
  • Valuable Items
  • Identity Theft Protection
Financial Strength Rating A+

Allstate Renters Insurance Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -62, equating to 1.8 on a 5 point rating scale.

-62

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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