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Allstate Insurance Company, named after Sears' tire line, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [ 10 ] [ 11 ] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
Commercial insurance for vehicles owned or operated by businesses functions quite similarly to private auto insurance, except that personal use of the vehicle is not covered. Commercial insurance pricing is also usually higher than private insurance, due to the expanded types of coverage offered for commercial users. [2]
Allstate, Geico, Farmers, Liberty Mutual, Progressive, State Farm and Travelers are among the auto insurers willing to knock money off your policy for common and hidden policy discounts that ...
AAA and Allstate have long-standing reputations as top car insurance companies in the industry. The American Automobile Association, more commonly known as AAA (“Triple-A”), was founded in ...
Commercial auto insurance. Commercial auto insurance works just like your personal auto insurance, paying for any property damage or bodily injury that you or one of your employees cause behind ...
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