Allstate is one of the largest insurance providers in the United States, offering a wide variety of policies including auto, home, renters, motorcycle, and life insurance. Headquartered in Northbrook, Illinois, Allstate has a history dating back to 1931.
Allstate’s History and Company Info
Allstate was founded in 1931 initially as a subsidiary of Sears, Roebuck and Co. The name “Allstate” was chosen to reflect the company’s ability to serve customers across state lines. They began selling auto insurance in the 1930s.
Today, Allstate has over 79,000 employees and sells policies to over 16 million households across the U.S. They provide insurance products in the auto, home, life, business, and specialty product lines. Allstate is publicly traded on the New York Stock Exchange.
Types of Insurance Offered
Some of the major insurance products available from Allstate include:
- Auto – Collision, comprehensive, liability, medical payments, uninsured motorist
- Home – Coverage for the structure, personal belongings, loss of use, liability, flood
- Condo – Similar to homeowners but for condominium units
- Renters – Protection for possessions and liability for renters
- Motorcycle – Collision, comprehensive, accessory coverage, and more
- Boat – Agreed value coverage, medical payments, wreck removal
- Life – Term, whole, universal, accidental death policies
- Business – General liability, professional liability, workers comp, commercial auto
Allstate’s Market Share and Reputation
Allstate holds about 10.5% market share for homeowners insurance and 8.8% for auto, as of 2021. They are consistently ranked in the top five for home and auto insurance providers by premium volume.
Allstate has built a reputation for quality customer service, in part by having local agents available to policyholders. They have relatively high customer satisfaction compared to some competitors. Allstate also has an “A+” financial strength rating from rating agencies.
Allstate in Louisiana
Allstate has a strong presence across the state of Louisiana, with local agents throughout cities like Houma. Here is an overview of their availability, state requirements, and typical rates.
Availability of Allstate in Houma, LA
There are over 20 Allstate insurance agents located in the Houma area, so coverage is readily available to local customers. Allstate sells all major types of insurance for Louisiana residents including home, auto, flood, life, condo, and renters policies.
Houma residents can get quotes and purchase Allstate policies online, over the phone, or by visiting a local agency. The nearest Allstate offices are on Corporate Drive, West Tunnel Boulevard, and West Park Avenue.
Louisiana State Insurance Requirements
To legally drive and own property in Louisiana, residents must meet minimum insurance requirements:
Auto Insurance Requirements
- $15,000 bodily injury liability per person
- $30,000 bodily injury liability per accident
- $25,000 property damage liability
- $10,000 personal injury protection
- $10,000 uninsured motorist bodily injury
Homeowners Insurance Requirements
- Dwelling coverage equal to the cost to rebuild
- Personal property coverage
- Liability of $100,000
Lenders also often impose homeowners insurance requirements for mortgaged properties.
Louisiana Insurance Rates with Allstate
Here are the typical insurance rates Louisiana drivers and homeowners pay with Allstate, on average:
Auto Insurance Rates
- Minimum coverage: $980 per year
- Full coverage: $1,839 per year
Home Insurance Rates
- $1,249 per year for a home valued around $175,000
- $2,852 per year for a home valued around $350,000
Of course, exact rates vary considerably based on location, age, driving record, and other factors. Houma rates specifically may differ from statewide averages.
Getting a Quote and Buying Allstate Insurance in Houma
If you live in Houma, here is an overview of what to expect when getting a quote for Allstate insurance and going through the buying process:
Getting an Auto Insurance Quote
To get a car insurance quote from Allstate, you’ll go through these steps:
Providing Basic Info
Start by entering your name, birthdate, zip code, and contact details. You’ll also need your driver’s license and vehicle information.
Picking Coverage Options
Next, choose liability limits, deductibles, collision and comprehensive coverage, and any extras like rental reimbursement.
Adding Discounts
Mention any discounts you may qualify for like multi-policy, safe driver, etc. to get an accurate auto insurance quote.
Getting a Home Insurance Quote
Home insurance quotes require:
Providing Home Details
You’ll enter your home’s year built, square footage, roof and construction materials, and protection devices.
Selecting Deductible
The policy deductible is the amount you pay out-of-pocket per claim. Choose $500, $1000 or higher.
Bundling with Auto
Mention bundling home and auto policies to see potential multi-policy discounts.
Buying Process and Payment Options
Once you have a quote, here is how to purchase coverage:
Online, Phone, or Agent
You can buy through Allstate’s website, their call center, or visit a local Houma agency in person.
Down Payment, Installments, and Billing
Allstate offers flexible premium payment options including down payments, monthly installments, and recurring billing.
Allstate Auto Insurance Coverages in Houma, LA
Allstate auto insurance policies include various components. Here are details on key auto coverages available to Houma drivers:
Liability Insurance
The liability portion covers bodily injury and property damage to others when an accident is your fault. There are two components:
Bodily Injury Liability
Pays for medical expenses, lost wages, pain and suffering for injured parties. Louisiana requires $15,000 per person and $30,000 per accident minimums.
Property Damage Liability
Covers damage repairs to the other vehicle and property. Louisiana requires a $25,000 minimum.
Higher limits provide more protection from lawsuits.
Collision and Comprehensive
These optional coverages pay for damage to your own vehicle from collisions or other hazards like theft, vandalism, fire, and falling objects.
Uninsured/Underinsured Motorist
Provides protection if you’re hit by a driver with no or insufficient insurance. Louisiana requires this.
Medical Payments Coverage
Covers medical expenses for you and passengers, regardless of fault. Not mandatory but recommended.
Other Options to Consider
Add-ons like roadside assistance, rental car reimbursement, and rideshare coverage are also available from Allstate.
Allstate Home Insurance Coverages in Houma
Standard homeowners insurance from Allstate includes these core coverages available in Houma:
Dwelling Coverage
Pays to repair or rebuild your home structure after covered disasters like fire, lightning, wind damage, and vandalism.
Other Structures Coverage
Covers unattached structures like garages, fences, and storage sheds against the same hazards.
Personal Property Coverage
Replaces stolen or damaged personal belongings like furniture, electronics, and clothing.
Loss of Use Coverage
Pays for temporary living expenses if your home is uninhabitable due to a covered loss.
Liability Insurance
Protects you if someone is injured or their property is damaged while on your property. Louisiana requires minimum $100,000 limits.
Flood Insurance
Allstate provides flood coverage since most home policies exclude flood damage. This is crucial for Houma homeowners.
Other Houma Home Insurance Options
Additional coverages like jewelry, identity theft protection, sewer backup, and equipment breakdown coverage are also available.
Ways to Save on Allstate Insurance in Houma
Here are some tips to lower Allstate insurance premiums in the Houma area:
Take Advantage of Bundles
Bundle auto and home policies to unlock Allstate’s multi-policy discounts. Ask about bundling other policies like flood or renters insurance.
Increase Deductibles
Opt for higher deductibles of $500, $1000 or more to reduce monthly premiums. Just be sure you have savings to cover the deductible costs in the event of a claim.
Maintain Good Credit
Drivers with excellent credit (800+ scores) pay less for auto insurance with Allstate. Keep your credit clean.
Add Safety Features
Adding home security systems, smoke detectors, theft-deterrent devices in vehicles and other safety measures can earn discounts.
Seek Out Other Discounts
Ask about discounts for mature drivers, safe driving history, students away at school, defensive driver courses, and more.
How to File a Claim with Allstate in Houma
Here is an overview of what to expect should you need to file an insurance claim with Allstate in Houma:
Start the Claim Process
Notify Allstate immediately after an accident or loss. You can start a claim 24/7 by calling your agent or their toll-free claims hotline.
Work with Your Adjuster
An Allstate adjuster will be assigned to evaluate damage, review policies, determine coverage amounts and handle your claim details.
Provide Documentation
Be prepared to submit documents like police reports, repair estimates, receipts, photos and any other proof to support your claim.
Receive Your Settlement
Once the claim is approved, Allstate will issue a check or start repairs. Timeframes vary by claim complexity and state laws.
Follow Up on Any Issues
If there are any disputes or delays, contact your adjuster or agent to appeal decisions and resolve problems.
Changing or Canceling Your Allstate Policy
Need to make updates or cancel your active Allstate insurance policy? Here’s how:
Making Policy Changes
Contact your Allstate agent to request changes like updating vehicles or homes covered, adjusting limits or deductibles, adding drivers or family members, and more.
Canceling a Policy
Cancellation is possible at any time by notifying your agent, but be aware of cancellation fees. Return any premium overpayment.
Review your policy documents so you understand how changes and cancellation impact your coverage, rates, and refunds or fees (if any).
Alternative Insurance Providers in Houma, LA
While Allstate is a great choice, here are a few other top insurance carriers available to Houma residents:
Progressive
Progressive is the #3 auto insurer nationally and offers competitive rates. They sell home and other insurance online, by phone, or via local agents.
State Farm
State Farm is the #1 home insurer and a top auto provider. They have strong financial ratings and local agents in the Houma area.
Shelter Insurance
Shelter writes home, auto, business and life insurance across Southern states. They have highly-rated customer service.
Geico
Geico focuses on low-cost auto insurance sold directly online and over the phone. They have large auto market share.
Compare quotes across multiple insurers to find the best rates and service for your specific needs.
Conclusion & Next Steps for Allstate Insurance
With quality coverage, discounts, and strong financial backing, Allstate is a leading insurance choice for Houma residents. To get started, get an auto and home insurance quote from a local Allstate agent. Maintain good driving habits, take advantage of bundling, and use available discounts to save on premiums.
Frequently Asked Questions
What is the phone number for Allstate in Houma, LA?
The main phone number for Allstate’s offices in Houma, LA is (985) 851-5597. You can call this number for new quotes, policy questions, or to get in contact with your local agent.
How long has Allstate been in Houma?
Allstate has had a local presence in Houma for over 50 years. They’ve been selling insurance across Louisiana since at least the 1960s and are one of the major providers in the state.
What discounts does Allstate offer in Louisiana?
Common Allstate discounts in LA include multi-policy, safe driving, smart student, new purchase, new vehicle, and defensive driving course discounts. Bundling home and auto insurance provides one of the largest savings opportunities.
Is Allstate cheaper than State Farm in Houma?
Allstate and State Farm have varying rates based on customer profiles. On average Allstate tends to be a little more affordable than State Farm in Louisiana for some types of coverage like auto insurance. Compare personalized quotes to see exact pricing.
Can I get Allstate renters insurance in Houma?
Yes, Allstate sells renters insurance policies to Houma residents who are renting homes or apartments. This covers their personal property against theft and damage. Renters insurance can be bundled with auto or other policies.