when considering allstate vs state farm you’ll notice plenty of similarities both companies offer a wide range of coverage options and have excellent reputations in the auto insurance industry the main difference between the two popular providers is affordability state farm’s consistently low rates helped it take the editor’s choice award in our 2022 review of the best car insurance companies allstate ranked 13th in the study primarily due to its higherthanaverage premiums we at the guides auto team took a deep dive into each company’s coverage options rates discounts and customer service to see how they compare in this article we’ll give you all the information you need to decide between allstate and state farm for your car insurance needs according to the national association of insurance commissioners naic allstate is the fourthlargest auto insurance provider in the us behind state farm geico and progressive the company wrote 272 billion in premiums in 2021 and holds 104 market share in the car insurance industry allstate was founded in 1931 selling auto insurance through the sears catalog allstate insurance policies are available nationwide although discounts and addon coverages vary by state the naic reported that state farm owned 159 of the us car insurance market in 2021 writing over 416 billion in auto insurance premiums during the year state farm boasts more than 19000 insurance agents across the country the company’s auto insurance coverage is available in all states although it no longer sells new policies in massachusetts or rhode island state farm celebrated 100 years in business in 2022 the company offers affordable rates for most drivers and maintains excellent standing in the insurance industry at large it’s easy to purchase standard coverages from allstate and state farm these common insurance products include bodily injury and property damage liability insurance uninsured motorist protection collision coverage and comprehensive coverage you’ll find some differences between allstate and state farm coverages when it comes to addon policies allstate for example offers gap insurance that covers the difference between what your car is worth and what you owe on it in the event of a total loss state farm offers a similar benefit called payoff protector® but it’s only available for customers with a loan contract from state farm bank allstate’s telematics insurance program is called drivewise® drivers can unlock savings simply by activating the program for free in the allstate mobile app along with tracking safe driving behaviors that can earn discounts drivewise also includes a crash detection safety feature that helps drivers call for help after an accident drivewise offers driving challenges like keeping your speed below 80 miles per hour and avoiding hard braking for certain periods of time allstate’s usagebased insurance product is available in 49 states although drivers in arkansas new york and north carolina may not be eligible for all discounts drive safe  save™ is state farm’s usagebased program those who sign up for the program get an instant discount and drivers can save up to 30 by maintaining safe driving habits drive safe  save tracks how fast you accelerate and take corners as well as how often you hit the brakes hard the times of day you drive the most and how much you use your phone in the car are also monitored drive safe  save is not available to drivers in california massachusetts or rhode island as with allstate’s usagebased program north carolina drivers may not be eligible for some drive safe  save discounts price is one of the most significant differences between allstate and state farm coverage in our 2022 review we give state farm a 92 out of 100 for cost while allstate receives only a 65 as you can see in the chart below state farm’s average annual rate falls well below the national average while allstate’s is significantly higher note all estimates are for fullcoverage insurance and based on the standardized profile of a 35yearold driver with a clean driving record and good credit history unless stated otherwise car insurance rates vary widely based on personalized factors such as age and driving history but allstate typically charges higher rates on average for many types of drivers here are a few cost estimates from allstate and state farm that cover a range of driver profiles all estimates below are for fullcoverage auto insurance policies state farm ranks highly in two key auto insurance studies in the jd power insurance shopping study state farm ranked first among large insurers with 885 out of 1000 possible points the company came in third among large insurers in the jd power 2022 us auto claims satisfaction study℠ with 882 out of 1000 points allstate ranked below average in the insurance shopping study with 854 out of 1000 points allstate fared much better in the auto claims satisfaction study ranking first among large insurers with a score of 889 both allstate and state farm hold a ratings from the bbb although customer ratings on bbb are very low for both companies it’s important to note that customers are more likely to report negative experiences to the bbb than positive ones and these low bbb customer ratings are standard in the insurance industry finding the best rates is a matter of comparing car insurance quotes from multiple providers the following insurance companies are ideal options to include in your search geico is the secondlargest auto insurer in the us according to the naic the company holds an a rating from the bbb and an a financial strength rating from am best geico also holds our highest rating for industry reputation with a 98 out of 100 low rates and a variety of discounts make geico a smart option for any type of driver we give travelers a 93 out of 100 for coverage options tying it with usaa for the highest rating in that category the company offers fullcoverage car insurance policies at an average cost of 1669 per year which falls below the national average of 1730 annually travelers has been in business for over 150 years and boasts an a financial strength rating from am best