Allstate Car Insurance | Allstate Insurance Company
The Allstate Corporation, which is the overseer of Allstate Car Insurance, is the second largest insurance company located within the United States. It is estimated that one in nine vehicles within the United States are insured by this company. It maintains the title of being the largest publicly held insurance company in the country. Besides its U.S. subsidiaries, such as Allstate Car Insurance, the Allstate Corporation also has offices located in Canada. The company was originally created in 1931 as an offshoot of Sears, Roebuck, and Company. In 1993, it became its own separate entity. The company is most easily identified by its popular spokesperson, Dennis Haysbert, who asks potential clients if they are in good hands through television ads. In an effort to expand its customer base, the company has also begun to heavily advertise the fact that it offers accident forgiveness, lower monthly premiums, and higher monetary coverage limits. The
Allstate Insurance Company is an advocate and sponsor of major sporting events in multiple arenas. The company hosts and sponsors the Allstate Sugar Bowl for football, the Allstate 400 for NASCAR, and it is a member of the United States Olympic Committee. Publicly available records showed that the Allstate car Insurance Company's total revenue for the year 2008 was slightly over 29.5 billion dollars. 26.8 billion dollars of this revenue resulted directly from business that its car insurance division conducted.
The Allstate Corporation has experienced much growth since its birth. It obtained its current name in 1952, and the company maintains offices in all of the lower forty eight contingent states. The company is unique because it incorporates Scientology principles in the training of its employees, and it appropriates a portion of this training to stressing the importance of productivity among its workers. In addition to car insurance, this company also offers property insurance, life insurance, and commercial insurance.Furthermore, it offers services in retirement, investment products, and banking.
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