Allstate Auto Insurance: California Coverage And Benefits

Allstate is one of the largest insurance companies in the US and offers auto insurance in California. However, in 2023, the company decided to halt sales of property and casualty coverage to new customers in the state, citing the high costs of underwriting policies due to the thousands of natural disasters California has experienced in recent years. Despite this, Allstate continues to offer auto insurance in California, and customers can get a quote and compare their existing policies to what Allstate has to offer.

Allstate auto insurance in California: halted new policy sales

Allstate, one of the largest insurance companies in the US, has stopped selling new home, condominium, and commercial insurance policies in California. The company said that it is too expensive to underwrite policies in the state, which has seen thousands of natural disasters in recent years. Allstate is the fourth-largest insurer in California and earned $4.3 billion in premiums in 2021, while incurring $2.6 billion in losses.

In a statement, Allstate said:

> We paused new homeowners, condo and commercial insurance policies in California last year so we can continue to protect current customers. The cost to insure new home customers in California is far higher than the price they would pay for policies due to wildfires, higher costs for repairing homes, and higher reinsurance premiums.

Allstate's decision follows a similar move by State Farm, the largest property insurer in California in 2021, which stopped taking on new customers due to "rapidly growing catastrophe exposure." According to the California Department of Insurance (CDI), insurance companies that cover property may be required to cover living expenses such as emergency shelter and food, personal property, and damage to the property and other buildings or structures on it. Allstate has stated that California doesn't allow insurers to quickly adjust their rates to cover the increased costs for disasters.

In addition to halting new property insurance policies, Allstate also paused direct sales of new auto insurance policies in California. However, as of February 2024, Allstate has resumed the direct sale of new auto insurance policies in the state after regulators approved a 30% rate increase. Allstate is the third-largest auto insurer in California, representing 11% of the market, and billed roughly $46 million in premiums in 2022.

Allstate auto insurance: coverage requirements in California

Allstate, one of the largest insurance companies in the US, offers auto insurance in California. However, in June 2023, the company decided to halt sales of property and casualty coverage to new customers in the state, citing the high cost of underwriting policies due to the thousands of natural disasters California has experienced in recent years. This means that while existing customers will continue to be served, Allstate is not taking on new customers for auto insurance in California.

Auto Insurance Coverage Requirements in California

California law requires drivers to have liability insurance for bodily injuries and property damage caused by operating a vehicle. The minimum coverage requirements are:

• $15,000 for injury/death to one person.
• $30,000 for injury/death to more than one person.
• $5,000 for damage to property.

Drivers in California also have the option to instead provide proof of financial responsibility in the form of a deposit of $35,000 with the California Department of Motor Vehicles.

Allstate Auto Insurance Coverage in California

Allstate offers a range of auto insurance coverage options in California, including:

• Liability coverage: This covers bodily injuries and property damage caused by the policyholder to others while operating a vehicle.
• Collision coverage: This covers damage to the policyholder's vehicle in the event of a collision with another vehicle or object.
• Comprehensive coverage: This covers damage to the policyholder's vehicle caused by incidents other than collisions, such as fire, theft, or natural disasters.
• Uninsured motorist coverage: This protects the policyholder in the event of an accident caused by an uninsured or underinsured driver.
• Medical payments coverage: This covers medical expenses for the policyholder and their passengers resulting from a covered accident, regardless of who is at fault.

Allstate auto insurance: finding a local agent in California

Allstate, one of the largest insurance companies in the US, offers auto insurance in California. However, it has halted sales of property and casualty coverage to new customers in the state, citing the high cost of underwriting policies due to the thousands of natural disasters California has experienced in recent years.

If you are an existing Allstate customer in California, you can find a local agent to help with your auto insurance needs by visiting the Allstate website and browsing the Allstate directory. Here, you can locate your city and find the agent closest to you. Local agents are available in cities such as Rancho Santa Margarita and Rolling Hills Estates.

Allstate agents in California can help you with an insurance policy that fits your lifestyle and neighbourhood. They can provide quotes, answer questions, and help you compare your existing policy to other offerings.

While Allstate is no longer offering new policies in California, there are still around 115 other companies that continue to write policies in the state, according to state insurance officials.

Allstate auto insurance: getting a quote in California

Allstate is one of the largest insurance companies in the US. While it does offer auto insurance in California, it has stopped issuing new policies in the state. This means that only existing customers can get a quote for auto insurance in California.

Allstate's decision to halt new policy sales in California is due to the high cost of underwriting policies in the state, which has experienced thousands of natural disasters in recent years. The company is still the fourth-largest insurer in California, according to 2021 state data, and it earned $4.3 billion in premiums that year. However, it incurred $2.6 billion in losses.

Allstate's announcement to pause new policies in California came after a similar decision by State Farm, the largest property insurer in California in 2021. State Farm decided to stop selling home insurance in the state due to "rapidly growing catastrophe exposure," among other factors.

While Allstate is not offering new auto insurance policies in California, it continues to provide auto insurance coverage for existing customers in the state.

Allstate auto insurance: comparing policies in California

Allstate is one of the largest insurance companies in the US and offers auto insurance in California. In this article, we will discuss the auto insurance coverage provided by Allstate in California and how it compares to other insurance providers in the state.

Allstate Auto Insurance in California

Allstate provides auto insurance coverage for Californian drivers, helping to protect what's important to you. Whether you're cruising down Highway 1 or exploring the redwoods, Allstate offers a range of policies to suit your lifestyle and needs. Their local agents have neighbourhood knowledge, so you can be sure to get specialised advice.

Comparing Policies

Allstate's auto insurance policies in California offer comprehensive coverage for your vehicle. Their policies typically include liability coverage, personal injury protection, uninsured motorist coverage, and more. You can also customise your policy to include additional coverage options, such as rental car reimbursement and roadside assistance.

When comparing auto insurance policies in California, it's important to consider factors such as coverage limits, deductibles, and the reputation of the insurance provider. Allstate has a strong presence in the state and is known for its reliable customer service. They offer a range of discounts and perks, such as their good driver reward programme, which can help lower your premium.

Alternative Providers

While Allstate is a popular choice for auto insurance in California, there are several other reputable insurance providers in the state. Some alternatives include:

• State Farm: One of the largest providers in California, offering a range of insurance products, including auto insurance.
• American International Group (AIG): A well-known insurance company that offers auto insurance policies in California.
• Progressive: Often chosen for its competitive rates and strong online presence.

It's important to shop around and compare quotes from multiple insurance providers to find the best coverage and rates for your specific needs.

In conclusion, Allstate auto insurance in California offers comprehensive coverage and personalised service through their local agents. When comparing policies, consider your specific needs, budget, and the reputation of the insurance provider to make an informed decision.

Frequently asked questions