The verdict
Farmers takes it, 1–0 on rounds.
On averages Allstate is cheaper by about $292 a year — but get your own quote from both, because the published averages disagree with each other by nearly as much as they differ from one another.
Choose Allstate if…
- • You want Allstate's lower average rate
- • You drive well and will accept being monitored
Choose Farmers if…
- • You want Farmers's particular strengths
- • You want a telematics programme that cannot raise your rate
Round by round
- Round 1Being tracked for a discountFarmers winsAllstate5/10
40% max
Drivewise — can increase your rate
- Advertised up to 40%
- Opt-in
- Bad driving can increase your premium
- Typical real saving is nearer 10%
Source: https://www.insuremojo.com/telematics-insurance-discount-programs/
Farmers8/1015% max
Signal — discount only, never an increase
- Cannot be used to raise your rate
- Opt-in
- Advertised maximum is rarely reached
- Typical real saving is nearer 10%
Source: https://www.insuremojo.com/telematics-insurance-discount-programs/
Farmers can only discount you. The other one can charge you more.
- Round 2Size, reach and who you deal withTieAllstate7/10
major national insurer, agent-based
market position
- Established national carrier
Source: https://www.usnews.com/insurance/auto/cheapest-car-insurance-companies
Farmers7/10major national insurer, agent-based
market position
- Established national carrier
Source: https://www.usnews.com/insurance/auto/cheapest-car-insurance-companies
Both are big enough to pay a claim. That is the floor, not a feature.
Side by side
- Rates vary widely by driver
- Figures from independent rate studies
- Advertised up to 40%
- Opt-in
- Rates vary widely by driver
- Figures from independent rate studies
- Cannot be used to raise your rate
- Opt-in
- About $885/yr more on average
- Bad driving can increase your premium
- Typical real saving is nearer 10%
- About $855/yr more on average
- About $1,177/yr more on average
- Advertised maximum is rarely reached
- Typical real saving is nearer 10%
- About $1,147/yr more on average