Encompass Gap Insurance: What's Covered?

Encompass Insurance, a subsidiary of Allstate Insurance, offers gap insurance as part of its auto insurance coverage. Gap insurance covers the difference between the actual cash value of a car and the amount still owed on the car loan or lease in the event of a total loss. Encompass's gap insurance is available as an add-on to its comprehensive and collision coverage options and is significantly cheaper than purchasing gap insurance from a dealer.

Encompass offers gap insurance at a lower price than dealers

Encompass Insurance is a subsidiary of Allstate Insurance and is based in Northbrook, Illinois. It offers gap insurance at a lower price than dealers. This type of insurance covers the difference between the actual cash value of a car and the amount owed on the loan or lease in the event that the vehicle is stolen or totaled. Encompass's gap insurance is available as part of its auto insurance policies, which come in three tiers: Special, Deluxe, and Elite.

The Special package is the entry-level option and includes basic collision and liability coverage. Gap coverage can be added to this package for an additional cost. The Deluxe package includes several additional benefits, such as electronic equipment coverage and windshield repair coverage, and gap coverage can also be added on. The Elite package includes all the benefits of the Deluxe package, with the exception of new car replacement and gap coverage, which are available as optional add-ons.

Encompass's auto insurance policies offer several other benefits, such as accident forgiveness and roadside assistance. The company also offers a range of discounts, including for safe driving, good grades, and the completion of a driver's education course. Overall, Encompass's auto insurance may be a good option for those looking for comprehensive coverage at a lower price than dealers, particularly for younger or teen drivers.

Encompass is a subsidiary of Allstate Insurance

Encompass Insurance is a subsidiary of Allstate Insurance (Allstate Corporation) and is based in Northbrook, Illinois. Encompass was founded in 1897 and began selling personal insurance under the motto "Protection and Security". The company's package policy dates back to its founding year.

In 1999, Allstate Insurance Company, based in Illinois, purchased the personal lines insurance business from CNA Financial. The following year, in 2000, Allstate introduced the Encompass name to its subsidiary.

Encompass is one of the largest personal property and casualty insurance brands, sold through a network of more than 6,500 independent agents across the United States. The company offers a range of insurance products, including auto, home, and commercial insurance.

As a subsidiary of Allstate, Encompass benefits from the financial strength and resources of its parent company. Allstate is the nation's largest publicly held personal lines insurer, founded in 1931 by former Sears, Roebuck & Co President and Board Chairman, General Robert E. Wood. Allstate offers insurance in all states and has a network of over 19,000 independent contractor agents.

Encompass offers packages that combine home, auto, and other insurance policies

The Special package includes standard homeowners coverage, plus additional features such as jewellery and fur coverage, homeowners association fees coverage, landscape and land restoration coverage, and burglary or theft recovery. The Deluxe package includes all the benefits of the Special package, as well as increased building costs coverage, replacement cost coverage, and covered losses for structure and contents coverage. The Elite package includes all the features of the Deluxe package, often at a higher limit, and adds benefits such as lock replacement coverage, fine art coverage, and personal injury protection.

The EncompassOne® Policy is available in most states and is sold exclusively through independent agents. Encompass is a subsidiary of Allstate Insurance and is based in Northbrook, Illinois. The company has over 2,400 independent agents in 39 states and offers a range of insurance products, including home, auto, motorcycle, recreational vehicle, and boat and watercraft insurance.

Encompass offers a range of discounts for auto insurance

If you have been driving for a while and have not reported any losses or accidents for a certain period, you may be eligible for a loss-free discount. Encompass also offers accident forgiveness, meaning your rates won't increase if you have an accident for the first time.

If your car is equipped with safety equipment, you can also get a discount on your insurance. Safety features like automatic emergency braking and lane departure warning can help you save on your premium, as seen in the case of the Thompson family, who saved 8% on their premium.

In addition to these auto insurance discounts, Encompass offers bundling discounts if you have multiple policies with them, such as home and auto insurance. This can save you between 2% and 10% on your premium.

Encompass offers three tiers of auto insurance: Special, Deluxe, and Elite

Encompass, a subsidiary of Allstate Insurance, offers three tiers of auto insurance: Special, Deluxe, and Elite. The company, which began selling insurance in 1897, adopted the Encompass name in the 1990s. Today, Encompass has over 2,400 independent agents in 39 states and is one of the largest personal property and casualty insurance brands.

The three tiers of auto insurance offered by Encompass provide a range of coverage options and benefits. The Special tier, the first level of coverage, offers basic collision and liability protection. Moving up to the Deluxe tier, policyholders gain access to additional features such as free windshield repairs, first-time accident forgiveness, and electronic equipment coverage. The highest tier, Elite, provides the most comprehensive package, including unlimited accident forgiveness, auto trip interruption services, and roadside assistance, in addition to the benefits of the lower tiers.

Encompass's auto insurance policies also include optional features that can be added for further protection. These optional features include new car replacement, accident forgiveness, loan/lease gap coverage, and roadside assistance. The gap coverage offered by Encompass is particularly notable, as it covers the difference between the amount owed on a loan and the actual value of the car, which can be significantly less due to depreciation.

In addition to the three tiers of coverage, Encompass also offers a range of discounts and ways to save on auto insurance premiums. These include discounts for safe driving, defensive driving, driver training, and good grades for students. The company also provides a resident student discount if the student lives away from home without a vehicle. By bundling home and auto policies into the EncompassOne® Policy, policyholders can also take advantage of significant savings.

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