Plymouth Rock vs Allstate: Difference and Comparison

Human life is full of unexpected events. These events can be both painful and pleasurable. An individual should always be prepared for a painful event because it costs a person money and mental health.

Plymouth Rock and Allstate are two such insurance companies that pay for such unexpected losses of their clients.

Key Takeaways

  1. Plymouth Rock specializes in personal insurance products such as auto, home, and renters insurance.
  2. Allstate is a larger company offering a broader range of insurance products and financial services.
  3. Both companies provide coverage options and customer service, but Allstate has a wider national presence.

Plymouth Rock vs Allstate

Plymouth Rock primarily provides vehicle and house insurance in the northeastern United States. Allstate is a larger firm that provides a broader range of insurance products countrywide, including life, health, and business insurance.

Plymouth Rock vs Allstate

Plymouth Rock is a well-known insurance company. It provides various insurance policies to its clients. This company was founded by a former insurance commissioner, Jim Stone, in 1982.

Jim Stone was commissioner in the state of Massachusetts. Plymouth Rock Assurance work as a member of this company which is liable for selling and managing policies.

Allstate insurance company, as the name suggests its meaning, is one of the largest companies based in the United States that provides insurance policies to its clients. Allstate also has insurance lines in Canada.

Allstate got 79th place in the 500 lists presented by Fortune 2020. Around 18 companies are owned by Allstate across the us.

Comparison Table

Parameters Of ComparisonPlymouth RockAllstate
FoundedPlymouth Rock insurance company was founded in the year of 1982 headquartered in Boston, Massachusetts.Allstate Insurance Company was founded on 17 April 1931 and the headquarter is situated in Northfield Township, Illinois.
FounderThe founder of Plymouth Rock is Jim Stone, a former insurance commissioner appointed in the state of Massachusetts.The founder of Allstate insurance company is Sears Co. Which was established by Richard Warren Sears.
Area servedMassachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Connecticut are the states served by Plymouth Rock insurance company.The wide range of clients of Allstate insurance companies is from California, New York, Texas, Florida, and Pennsylvania.
Insurance programThe type of insurance policy Plymouth Rock sells is condo renters, homeowners, second home, motorcycle, off-road vehicle, etc.The major type of policy sold by Allstate insurance companies is homeowners insurance and private passenger.
Other countriesPlymouth Rock which sells insurance policies doesn’t’ serve outside of the US, the consumers are from the US.The Allstate insurance company has connections in Canada as well as a subsidiary company located in India.
Pin This Now to Remember It Later
Pin This

What is Plymouth Rock?

Plymouth Rock is a company that provides insurance and sells related policies. It is headquartered in Boston, Massachusetts.

Also Read:  Manager vs Administrator: Difference and Comparison

It serves 6 states: Massachusetts, Pennsylvania, New Jersey, Connecticut, New York, and New Hampshire.

Plymouth Rock has 4 subsidiary companies which are 21st Century National Insurance Company, Plymouth Rock Assurance Preferred Corporation, MAPFRE Insurance Company Of New York, and Plymouth Rock Assurance Corporation Of New York.

Plymouth provides homeowners insurance and also sells car insurance policies. Due to its best customer service and righteous policies, Plymouth Rock is known to be a good insurance company.

A customer can consult with an insurance expert on call during business hours to understand any term related to the policy.

These insurance experts are responsible for explaining everything to the clients.

Plymouth Rock’s insurance coverage includes Rental Reimbursement, Bodily Injury Liability, Towing and Labour Coverage, Property Damage Liability, Medical Payments, Collision Coverage, Comprehensive Coverage, etc.

There is a different department in Plymouth Rock where it also provides a customer loyalty program to explain and offer all types of benefits a member can obtain.

By purchasing policy of Plymouth Rock, a customer becomes eligible for several other discounts given by the company.

What is Allstate?

Allstate, or Allstate Corporation, is a prestigious American company that serves in the insurance industry. The headquarters of Allstate is located in Northfield Township, Illinois. It is near Northbrook.

The Allstate insurance company was founded on 17 April 1931, almost a decade ago. It was founded as a member of Sears Roebuck Co, an American department store chain.

Allstate also has some lines of insurance in Canada. It sells insurance related to Auto, business, Home, condo, life, landlord, motorcycle, boat, renters, etc.

Also Read:  Job Costing vs Contract Costing: Difference and Comparison

It also provides services and products related to Investment and Retirement. Around 46 thousand people work for Allstate insurance company as its employees.

The parent company of Allstate is Sears which Richard Warren Sears established.

Allstate also has multiple subsidiaries, including National General Insurance, Encompass Insurance, Allstate India, Square Trade, Allstate Identity Protection, etc.

The slogan used in the advertising campaign of Allstate is ‘Are you in good hands.

The Allstate insurance program sells insurance through Sears Catalogue and direct mail, the same way Sears sold its other merchandise to consumers.

Lessing J. Rosenwald was appointed as the first chairperson of Allstate Insurance company, while Odell became the first vice president.

Main Differences Between Plymouth Rock and Allstate

  1. Plymouth Rock provides its services and policies in the US only, while Allstate serves in many other countries, such as Canada and India.
  2. Plymouth Rock sells insurance policies that include conditions related to Home and vehicle, while Allstate sells insurance such as private passenger and life insurance.
  3. The number of states in the US served by Plymouth Rock is six. On the other hand, Allstate’s insurance company serves 5 states of the US.
  4. Plymouth Rock insurance company was founded by a person known as Jim Stone, while Allstate insurance company was established by a corporation known as Sears.
  5. Plymouth Rock insurance company is not that older compared to Allstate, Allstate was founded almost 50 years ago before Plymouth Rock.
References
  1. https://books.google.com/books?hl=en&lr=&id=Pppc5LgmB9IC&oi=fnd&pg=PA3&dq=Plymouth+Rock+insurance+company&ots=TblmtvtQhN&sig=QlG7bPytC22e5Ldyro50icf8zdo
  2. https://link.springer.com/chapter/10.1007/978-94-009-5658-2_4

dot 1
One request?

I’ve put so much effort writing this blog post to provide value to you. It’ll be very helpful for me, if you consider sharing it on social media or with your friends/family. SHARING IS ♥️

Chara Yadav
Chara Yadav

Chara Yadav holds MBA in Finance. Her goal is to simplify finance-related topics. She has worked in finance for about 25 years. She has held multiple finance and banking classes for business schools and communities. Read more at her bio page.

10 Comments

  1. Plymouth Rock and Allstate are two renowned insurance companies that provide a broad range of services. However, I think Allstate has a more significant advantage over Plymouth Rock in terms of the variety of insurance products and national presence.

    • Actually, I believe that Plymouth Rock’s specialization in personal insurance products gives it an edge in understanding and meeting the specific needs of its clients, even if Allstate has a broader reach.

  2. The information provided about Plymouth Rock and Allstate is very helpful for understanding the features and benefits of each insurance company. It’s crucial to consider various factors such as coverage options, customer service, and national presence when selecting an insurance provider. This article offers a well-researched comparison to facilitate decision-making.

  3. The detailed comparison of Plymouth Rock and Allstate provides valuable insights into the insurance industry. It’s important to be well-informed about the options available when choosing an insurance provider, and this article offers a comprehensive overview of the key differences between the two companies.

  4. Although both companies have their strengths, I believe that Plymouth Rock’s focus on personal insurance products gives it a unique advantage in providing tailored services to its clients. It’s interesting to see how the two companies differ in their areas of specialization and scope of coverage.

  5. The comparison between Plymouth Rock and Allstate is very informative. I appreciate the detailed analysis of the two companies and the explanation of the services they offer. It’s essential to have a clear understanding of what each insurance company provides before making a decision.

  6. It is important to be prepared for unexpected events, such as a car accident or a fire at home. So, the services provided by Plymouth Rock and Allstate are very important. It is essential for a person to have a good insurance policy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Want to save this article for later? Click the heart in the bottom right corner to save to your own articles box!