As one of the largest brands in insurance, Allstate sells renters insurance coverage in all 50 states with up to $100,000 in personal property coverage and up to $300,000 in liability coverage. Allstate gives discounts to seniors and for bundling two or more policies. The well-known insurer sets its prices above the national average and has limited add-on options.
While Allstate’s renters insurance policies are easy to buy and understand, they may not be the best choice for everyone. Read on to learn more about Allstate renters insurance and get your free coverage quote.
Pros and Cons of Allstate Renters Insurance
While Allstate is widely available and lower in price than some competitors, customers won’t find that it has the most discounts or the most generous list of optional endorsements.
Allstate Renters Insurance at a Glance
- Our rating: 4.9 Stars
- Year founded: 1931
- J.D. Power rating: 639/1000
- AM Best rating: A+*
- State availability: All 50 states
*AM Best rating accurate as of August 2024.
Allstate State Availability
As a major nationwide insurance provider, Allstate operates its own network of agents throughout the country. Renters insurance coverage is available in all 50 states and in Washington, DC.
Cost of Allstate Renters Insurance
According to Quadrant Information Services in 2024, the average renter who buys coverage through Allstate pays $13.04 per month. This is below the national average: the average U.S. renter pays about $14.08 each month for renters insurance, but rates may vary by state.
Cost of Allstate Renters Insurance by State
Allstate Discounts
Allstate offers a limited range of discounts renters can take advantage of to save on coverage.
- Multi-policy: From business insurance to auto insurance, Allstate offers nearly every type of insurance coverage you might need. If you bundle your renters insurance with another current Allstate policy, you can save on both policies.
- Retired: If you’re over the age of 55 and retired, you’ll enjoy lower premium rates.
- Autopay: If you enable autopay premium deductions, you’ll save on renters insurance.
When compared to other providers, Allstate offers fewer discounts, and potential customers can struggle to qualify for them. However, if you’re already an Allstate customer, you might be able to use that loyalty to gain discounts across policies.
Allstate Policy Coverage
Like most renters insurance providers, Allstate’s standard renters insurance policies include multiple coverages.
- Personal property damage: Personal property damage covers the cost of repairing and replacing your things in the event of a covered loss. Allstate’s personal property coverage runs between $15,000 and $100,000 in most states.
- Personal property liability coverage: This covers legal expenses and judgments against you if you damage someone’s property and they sue you. Allstate’s personal property liability coverage is between $100,000 and $300,000 per occurrence.
- Personal medical liability coverage: This coverage is for legal expenses and judgments if someone is injured on your property and sues you for negligence. Allstate offers medical liability coverage between $1,000 and $5,000 per person injured.
Additional Coverage
Allstate has the following add-on coverages to its renters insurance:
- Scheduled personal property coverage: This covers expensive or especially valuable items like jewelry and artwork.
- Identity theft restoration: This covers the cost of charges made on your credit card or other expenses after your identity is compromised.
- Flood insurance: Like all homeowners insurance policies, Allstate’s renters insurance does not cover flood damage. This rider extends your standard renters insurance coverage to include losses caused by standing water that enters your home from the outside. (Water damage from a broken pipe is already covered.)
Allstate Renters Insurance Reviews
Allstate is a major insurance company with a network of independently operated agencies. This means that the specific level of customer service quality you’ll receive will depend on your location. The good news: reviews of Allstate show that the company is reputable. With more than 90 years in business, Allstate has a Better Business Bureau (BBB) rating of A+.
While Allstate is a well-known insurance provider, its customer reviews are less than satisfactory. Almost all its reviews are negative — though some customers report positive experiences with customer service team members. Most complaints deal with rejected claims and rejected appeals.
"I would like to thank my Allstate representative…She’s very professional and knowledgeable about the services that this company has to offer. She made me and my daughter feel at ease to find a policy that would best suit our needs. She made us feel like family." —Rhonda via Trustpilot
"I have been a client of Allstate for over 10 years and my agent is always willing to help me. Even got my homeowners insurance policy through them…" — Luz via Trustpilot
"I had [Allstate] for almost 20 years…I never filed a claim till my home was vandalized. They denied my claim…[I feel] the government should look into fraudulent companies…Stay away from this company!"—Fausta via Trustpilot
"My daughter's frozen water pipe claim occurred [a month and a half ago]. Allstate has done nothing, the worst claim service I've witnessed — all they do is keep assigning new adjusters instead of handling a claim professionally."— Melissa via Trustpilot
The Bottom Line
While Allstate sells affordable and convenient renters insurance for current Allstate customers, it may not be the best choice for those shopping for insurance for the first time. Allstate offers fewer customization and discount options when compared to insurtech companies like Lemonade, and pricing is on the higher end of the average for the industry. However, there’s no denying that Allstate is a reputable choice for renters insurance, and its discounts can make seniors in particular feel good about their choice.
Frequently Asked Questions About Allstate Renters Insurance
Yes, Allstate’s renters insurance policies include fire damage in its list of standard hazards. If your personal property is destroyed in a fire at a place you rent, Allstate’s renters insurance will help pay for the cost of replacements.
The answer depends on the source of the mold. If the mold stemmed from a named peril (for example, a burst pipe floods your apartment), mold damage may be covered. If it’s caused by flooding following a tropical storm and you don’t have a flood endorsement, mold damage will not be covered.
Yes, Allstate renters insurance automatically renews each year unless you choose to disable renewal through your online account.
Allstate renters insurance policies cover between $15,000 and $100,000 in personal property damage coverage. You decide when you buy your policy how much protection you want.
