Allstate vs. Liberty Mutual
Which car insurance do consumers say is best?
When searching for a car insurance company, Allstate and Liberty Mutual are likely two of the first names that come to mind. After all, they combine to account for more than 10 percent of the market share in the country, with Allstate ranking as the fourth largest and Liberty Mutual ranking as the seventh largest car insurer in the nation.
These companies have plenty of similarities — they are both popular homeowners insurance companies and offer discounts to policyholders who buy both products from them. Additionally, they each offer drivers a way to save through a usage-based insurance program. So which company do consumers rate as the better insurance company: Allstate or Liberty Mutual?
Before we dive into the metrics from the thousands of customer reviews, you can read more about Allstate and Liberty Mutual below.
Allstate vs. Liberty Mutual car insurance rates
Car insurance rates vary by person and location. Rates also depend on the car insurance company you choose. There are many factors that determine the cost you'll pay for car insurance.
In the table below, you can view the national average car insurance rates for Allstate for three different driver profiles for male and female. We are not able to provide national average car insurance rates for Liberty Mutual. Keep in mind these are only national averages for a certain profile. Your car insurance rates will differ from these depending on where you live, your unique driver profile and your coverages, among other things.
|Allstate average rates
|Liberty Mutual average rates
|Allstate average rates
|Liberty Mutual average rates
To determine the average national rates for male and female drivers for Allstate, we created three driver profiles for both males and females and got rates for drivers for each profile. The profiles for male and female drivers were an 18-year-old teen with state minimum coverages and fair credit; a 35-year-old single adult with 100/300/50 liability limits in addition to full coverage with $500 deductibles for collision and comprehensive, a good credit score and one driving violation in the last three years; and a 65-year-old driver with 100/300/50 liability limits in addition to full coverage with $500 deductibles for collision and comprehensive, a good credit score and no driving violations in the last three years. Additionally, we averaged the rates in each state we had data for that company. Rate data is provided by Quadrant Information Services.
Allstate serves more than 16 million households in the United States and does so through its network of captive agents. So despite the company’s size, Allstate is still able to have a smaller-company feel with its vast group of local agents.
Additionally, Allstate offers a few unique offerings, such as a Drivewise. Drivewise is Allstate’s car tracking program that qualifies its policyholders for a discounted car insurance rate depending on how they drive. Allstate consumers earn a 5 percent cash back for starting the Drivewise program and can save up to 13 percent every six months depending on how they drive. You can learn more about Drivewise here.
Another unique Allstate coverage is Allstate’s Ride for Hire program. For those drivers who drive for a transportation network company (TNC), such as Uber or Lyft, Allstate offers a program that fills in the gaps between your personal policy and an insurance policy offered by the TNC. While you’ll see an increase in the cost of your policy, Allstate advertises on its website that you can get protection for as little as $15-20 a year.
Allstate’s safe driving bonus is a program designed to reward drivers with various ways to save. You can get a bonus check in the mail for every six months you go without an accident. It can also help lower your deductible — your collision deductible is lowered $100 the day you sign up and drops $100 each subsequent year you remain accident free (up to $500).
Liberty Mutual overview
Liberty Mutual employs more than 50,000 employees worldwide and offers a wide range of insurance products. Aside from car insurance, you can also purchase homeowners, renters, life, business, motorcycle and many other types of insurance.
If you’re planning to buy collision coverage, Liberty Mutual has a way for you to lower your deductible over time — at some cost to you. The Liberty Mutual Deductible Fund is essentially a way for you to put aside money over time so you don’t have to come up with your entire deductible at once after an at-fault accident that requires a claim. You can read more about the program here, but in essence, you and Liberty Mutual contribute each year to a fund (up to $100 annually) that’s then used to pay your deductible if you have an at-fault collision.
One potential way you can save with Liberty Mutual is by enrolling in the insurer’s usage-based program, which it calls RightTrack. Liberty Mutual monitors your driving habits, and if it deems you to be a safe driver, you can see savings of up to 30 percent. RightTrack monitors things such as your acceleration, hard braking events, the number of miles you drive, the time of day you drive and rapid acceleration.
Check out the tables below to see how consumers rate their experience with Liberty Mutual and to learn about other ways you can save on your car insurance with Liberty Mutual.
What discounts do Allstate and Liberty Mutual offer?
Talk with an agent or visit the company’s website for a comprehensive list of all discounts you may qualify for.