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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.
Allstate logo incorporating an outline of the United States on the hood. The Allstate was the brainchild of Henry J. Kaiser, who saw distribution by Sears as another means to mass-market his slow-selling "Henry J" two-door sedan, introduced in 1950.
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]
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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 ...
In addition, Allstate is highly-rated by customers who responded in J.D. Power's annual surveys, ranking #15 in the Auto Claims Satisfaction Study with a score of 870/1,000, sixth for renters ...
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