The consumer's point of view
State Farm and Allstate seems to have a tough competition between them where they have almost equal votes in their favor. Both State Farm and Allstate share the same amount of criticism too from agents as well as consumers. Individuals have accused one of the 2 companies of denying claims for absurd reasons and the other of not paying claims again for absurd reasons.
The community has a State Farm agent putting his vote in favor of both the companies. The agent says that State Farm gives more importance to professionalism and a sense of healthy competition.
Complaints against State Farm
- This company is accused of not being clear in their contract with the agents.
- They have the reputation of overcharging consumers.
The fact of the matter is that, all insurance companies seem to have unhappy customers or employees. Each company has different policies and hence they may or may not suit a customer or an individual looking for employment with that organization.
- Creating an agency through State Farm or Allstate?
- Who provides better auto insurance rates?
- Becoming an Allstate independent agent
- What consumers say about State Farm
- Consumer views on Allstate
- Pros and cons in State Farm
Total Comments: 91
Posted: Fri Jun 24, 2011 03:19 am Post Subject: State farm vs allstate
I have worked for both and their both good comapnies. 10 yrs with allstate and 12 with state farm in management, claims and as an agent for both. state farm does pay claims a little better
Posted: Fri Jun 24, 2011 03:25 am Post Subject:
I find that the people that complain about an insurance company usually are the ones with the problem. Can't tell you how many times people try to profit from their insurance and are mad when they can't. Insurance is intended to restore you back to where you were prior to your loss not make you better. Or the ones that complain because they got canceled after they filed 5 claims in a year. YES you will get canceled. 1st insurance is nit a non profit organization. It's a business like any other. 2nd your insurance is not a maintenance policy. Take ownership of your life and take care of your stuff
Posted: Wed Jul 06, 2011 05:03 am Post Subject: which one cheaper
which one cheaper in auto and or commercial and resident home
Posted: Mon Jul 25, 2011 09:47 pm Post Subject: Keep updating!
Great website ! ! Bookmarked !
Posted: Sat Aug 06, 2011 06:44 am Post Subject:
Run from Allstate, in particular if opening a "scratch" ageny. Virtually everyone fails and nobody cares. Check out NAPAA (Allstate agent group) and "running clock" blog. It's all really bad.
Posted: Mon Aug 29, 2011 06:41 am Post Subject: repair/replacement amounts of claims vs the 2 companies
are the 2 companies comparable w/claims amounts
Posted: Thu Sep 22, 2011 07:22 am Post Subject: Need to know the count of auto insurance Agents
How are you?
Can you please let me know the answers for following questions?
1) I would like to know the Number of Auto Insurance Independent agents working in USA?
2) I would also like to know the Number of Auto Insurance captive agents working in USA?
Thanks in advance.
Posted: Thu Sep 22, 2011 10:43 am Post Subject:
You will have to visit each state's Dept of Insurance and compile the statistics on your own. There is no single source for this information. The numbers change daily.
Posted: Wed Nov 02, 2011 11:43 pm Post Subject: Primerica Insurance Company Agent :-)
Hi everyone, I've learned a lot about the insurance business over the last 11/2. I'm a Life Insurance Agent with Primerica. The reason my family and I got covered through them is because they believe in TERM INSURANCE pays it's claims 100% of time and the onlt insurance company who pays out on suicides( hate to think of such a sad tragidy) but only after 2yrs....trust me TERM is the best insurance...don't beleive me just listen to Suzy Orman, Donald Trump and any Estate Attorny. Cash Value it has as a savings attached (sounds appealing &looks great but isn't) it's actually designed to only pay out the greater of the two(LI or Saving). Trust me it happened to my beautiful grandmother....our family and church helped us pay for her funeral because her cash value policy only paid out $500 out of her policy that she'd religiously paid into for 20 years. Hope you all atleast have yourselves and families protected in TERM LIFE INSURANCE...even if it's not with my company Primerica. I have, am, and will always care about people and their loved ones before making a profit. Hope you guys find this helpful :-) feel free to email me if you have any questions regarding how insurance works@ "firstname.lastname@example.org"
Posted: Wed Nov 02, 2011 11:52 pm Post Subject:
Licenced PRI Rep... seriously? This??
The reason my family and I got covered through them is because they believe in TERM INSURANCE pays it's claims 100% of time and the onlt insurance company who pays out on suicides( hate to think of such a sad tragidy) but only after 2yrs....trust me TERM is the best insurance...don't beleive me just listen to Suzy Orman, Donald Trump and any Estate Attorny. Cash Value it has as a savings attached (sounds appealing &looks great but isn't) it's actually designed to only pay out the greater of the two(LI or Saving). Trust me it happened to my beautiful grandmother....our family and church helped us pay for her funeral because her cash value policy only paid out $500 out of her policy that she'd religiously paid into for 20 years.
First off, your statement of "term insurance pays it's [sic] claims 100% of time" and "the onlt [sic] company who pays out on suicides."
NO insurance company pays its claims "100% of the time." Utter BS- there are ALWAYS exclusions and conditions that don't allow payment under the policy. As far as suicide exclusions go, it has NOTHING to do with Primerica... it has EVERYTHING to do with state law. Every state has statutory language (the laws) that state that suicide is only "excludable" for the first year or two that the policy is in force. Then they'll have to pay for suicide, whether sane or not.
Why do you have such an issue with permanent life insurance? Is it because you drank the Primerica Cool-Aid mantra of "buy term and invest the difference?" Just curious.
I've been licensed for waaaaaay more than a year and a half, as you have. I think that term is great for certain purposes and permanent is great for certain purposes as well.
Soooooo, do you have any actual factual statements to counter my post? Just curious again...