Allstate vs Country Financial: Difference and Comparison

It is very important to take insurance as they come with many benefits. Life insurance and the vehicle, house, and many more other things also need insurance. Insurances firstly provide security and safety, they cover for uncertainties, they enable cash flow management, and many more. 

Many companies provide a large number of insurance products, and such two companies are Allstate and Country Financial. They both are top companies but have different benefits and drawbacks.

Key Takeaways

  1. Allstate is a national insurance company, while Country Financial operates in a limited geographical area.
  2. Allstate offers a wider range of insurance products and services than Country Financial.
  3. Country Financial has a more personal approach to customer service, whereas Allstate has a larger customer base and offers more online services.

Allstate vs Country Financial

The difference between Allstate and Country Financial is that Allstate is a car insurance company that is bigger with many coverage areas and discounts, whereas Country Financial is an insurance company that is cheaper than Allstate but has limited flexibility and coverage areas. Allstate is not so much cheaper, but they have good customer satisfaction reviews, whereas Country Financial has more insurance products but does not get good reviews from customers.

Allstate vs Country Financial

Allstate is an American insurance company that was founded in 1931. It offers a wide range of insurance products such as life, motorcycle, RV, Boat, Pet Insurance, and many more. They offer many discounts for their customers and also have many coverage areas. They are very popular and have been rated very well by the customers.

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Country Financial is an Insurance and financial services company founded in 1925 and serving for over 95 years. They are available in 19 states and have fewer coverage areas but more insurance products. They are way cheaper than Allstate, but they don’t offer many discounts on the products. Although they have a good online presence, they don’t have many capabilities for good quotes.

Comparison Table

Parameters of ComparisonAllstateCountry Financial
Coverage AreasKnown for its top market share, Allstate has more available flexibility for coverage areas.Available only in 19 states, Country Financial has fewer coverage area options.
RatesAllstate is not cheaper but has more discounts and coverage areas.Country financial is a cheaper option but they don’t have many discounts.
TransparencyAllstate is more transparent than country financial for providing sample rates.Country financial is not very transparent as they are very private and don’t have such online quoting capabilities like Allstate.
Insurance ProductsThey have fewer insurance products for the customers.They have more insurance products than Allstate although they are not such big as Allstate.
Ratings and reviewsAllstate is big and has more coverage areas with many discounts, so it has very good reviews from the customers.Country financial is stable but not such coverage areas and fewer discount offers, thus it has been less rated by the customers.

What is Allstate?

Founded in 1931, Allstate is an American Insurance company that is headquartered in Northfield Township, Illinois. It is a big company ranked 79th in the 2019 Fortune 500 list of largest corporations in the USA. Offering a large number of Protection products. Allstate has one slogan – “You’re in Good Hands with Allstate.”

Their products range from life, home, auto insurance, and much more other insurance, which are being offered through multiple brands and diverse distribution channels. Thye has several mobile apps that let users manage their smartphone accounts. There is an app called Driverwise developed by Allstate, which gives discounts to drivers for driving safer, and it is not necessary to be a part of the Allstate customer. They are very popular and have more than 113 million proprietary policies.

What is Country Financial?

Founded in 1925 and headquartered in Bloomington, US, Country Financial is a group of financial services and US insurance companies. They have their customers in 19 states. Ranked as 656th on the 2020 Fortune 1000 list having companies listed according to their revenues, Country Financial is a cheaper option. They offer a wide range of insurance products and even more than Allstate, such as Crop, Farm, Business, Home insurance, and many more.

They have fewer coverage areas than Allstate but are much more flexible. Like Allstate, they also have their mobile app, which customers can use. They are not very transparent as they are more private. Besides all of these, they have less rated in auto insurance customer’s satisfaction.

Main Differences Between Allstate and Country Financial

  1. Allstate is rated more by the customers for its more converge areas and discounts, whereas Country Financial has been rated less by customers due to fewer discounts and coverage areas.
  2. Allstate has more coverage areas and is more popular than country financial, whereas Country Financial is available in only 19 states.
  3. Allstate is less cheap, but one can have more savings and discounts on insurance, whereas Country Financial is cheaper but doesn’t have such discounts.
  4. Allstate has fewer insurance product flexibility, whereas Country Financial is not so big but has more insurance products available with them.
  5. Allstate is more transparent in providing sample rates, whereas Country Financial is less transparent and more private though they have an online presence also.
References
  1. https://onlinelibrary.wiley.com/doi/abs/10.1111/joca.12057
  2. https://elibrary.ru/item.asp?id=6233264

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