Allstate vs Liberty Mutual

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Allstate is one of the largest insurers in the U.S. — in fact, it ranked in fifth place in 2020 with 4.73% of the market. While home and auto insurance are what the company is most known for, it also provides unique insurance coverage for other belongings that are valuable to policyholders, such as phone protection and off-road vehicle coverage.

Liberty Mutual is the fourth largest insurer in the U.S. Founded in 1912, the company has more than 45,000 employees and writes insurance policies in 29 countries. Like Allstate, it specializes in personal and commercial insurance, from simple auto and home policies to pet insurance and small business coverage.

Allstate vs Liberty Mutual: car insurance rates comparison

In looking at Allstate vs Liberty Mutual, the latter comes out ahead of Allstate in our Bankrate Score, which is based on a number of factors including policyholder reviews, third-party endorsements and average cost of premiums. Allstate’s financial stability rate, as determined by AM Best, is slightly higher than Liberty Mutual’s, but both are still in the “A” category. Data is not available for Liberty Mutual’s average rate, but it is likely to reflect a similar trend to the national averages.

Car insurance company Bankrate Score AM Best J.D. Power Average annual premium for minimum coverage Average annual premium for full coverage
Allstate 3.6 A+ 876/1,000 $697 $1,921
Liberty Mutual 3.9 A 867/1,000 N/A N/A

Rates by credit score

Bankrate’s review of quoted annual premiums from Quadrant Information Services indicates that as far as Liberty Mutual vs Allstate goes, Allstate’s rates may be better if you have a poor credit rating, while Liberty Mutual could offer you a lower premium if your credit rating is high. Note that if you are in Hawaii, California, Washington or Massachusetts, your credit score can’t be used as a factor for your premium rate.

Car insurance company Poor Average Good Excellent
National average $3,873 $1,865 $1,674 $1,487
Allstate $3,157 $2,312 $1,921 $1,989

Rates by age

Younger drivers usually pay more for car insurance, due to the increased risk presented. As reflected in the data below, rates generally decrease as you get older. If Liberty Mutual’s rates follow the national trend, you may pay slightly less for your Liberty Mutual premium than you would with Allstate, but obtaining a quote for your situation is necessary to truly know how your age will impact your premium. To determine which is better for you between Allstate and Liberty Mutual, it is best to get quotes from both.

Car insurance company Age 16* Age 18 Age 25 Age 30 Age 40 Age 60
National Average $2,531 $5,243 $2,108 $1,850 $1,674 $1,544
Allstate $2,459 $6,152 $2,629 $2,317 $1,921 $1,986

*16 year old cost when added to parents’ policy, 18-year-old renter

Rates by driving record

It makes sense that drivers who are safe and careful — and unlikely to file claims against their policy — pay less for car insurance. A few negative marks on your license can increase your insurance rates considerably, and a serious infraction such as a DUI conviction can have you paying nearly double or more than you would otherwise. Allstate’s rates are somewhat above the national average across the board, but your rates may be different.

Car insurance company Clean driving record Speeding ticket Accident DUI conviction
National average $1,674 $2,062 $2,311 $3,139
Allstate $1,921 $2,519 $2,752 $3,763

Allstate vs Liberty Mutual: discounts

When looking at Liberty Mutual vs Allstate, both offer discounts standard to the industry. Allstate has 13 available discounts listed on its website, though this may vary depending on what state you live in, while Liberty Mutual has 17. Many are fairly easy to earn, but others may not be discounts you can qualify for, so be sure to ask your agent to apply all for which you are eligible.

Allstate

  • New car — if your car is the current year’s model or one year old, and you are the first owner, Allstate will discount your premium rate.
  • Smart Student — if you are unmarried, under 25 and in school, you can save if your grades are B- or above, you attend school at least 100 miles from where your car is garaged or if you successfully complete Allstate’s teenSMART driver education program.
  • Bundling — purchase homeowners or renters insurance from Allstate in addition to your auto coverage and you can save on both premiums.

Liberty Mutual

  • RightTrack Program — save up to 30% by agreeing to install an app on your smartphone that sends real-time data on your driving habits back to the company. If you are a safe driver, your rate will go down.
  • Online purchase — you will get a discount just for purchasing your policy from the company’s website rather than through an agent.
  • Accident/violation free — In addition to the RightTrack discount, you can earn another for safe driving by being accident- and violation-free.

Allstate vs Liberty Mutual: online and mobile experience comparison

Apps for iOS or Android systems allow you to manage your account seamlessly online and on the go. Both Allstate and Liberty Mutual have apps that make this easy, although Liberty Mutual’s app ranks better in terms of Allstate vs Liberty Mutual, based on consumer feedback. Allstate’s app appears to perform better on iOS, whereas the Liberty Mutual app receives more positive scores from Android users.

Allstate

  • App Store (4.8 stars) — Features safe driving tools, ID card access, 24/7 roadside assistance and a digital locker. QuickFoto Claim walks you through taking and uploading photos after an accident, and you can pay your bill and access your agent whenever necessary.
  • Google Play (3.1 stars) — Allstate’s Android app does everything the iOS version does, but users have struggled with it, leading to less-than-stellar ratings. There are reported issues with the app freezing or closing unexpectedly and users report other glitches as well.

Liberty Mutual

  • App Store (3.8 stars) — Access ID cards and policy documents, pay your bill online or make changes to your coverage and tap to call emergency roadside assistance. You can also file and manage claims and work with your claims adjuster through the app as well as arrange for repair estimates.
  • Google Play (4.6 stars) — Like the iOS version, Liberty Mutual’s Android app allows you to access and change policy docs, pay your bill and electronically sign documents. You can manage claims and search for auto repair shops, as well as request a rental vehicle. Reviews indicate the app performs better on this platform.

Frequently asked questions

Who has the best auto insurance?

There is no one company that is best for everyone. To find the insurer that will give you the best experience and rates, it might be helpful to review Bankrate’s comparison of the Best Car Insurance Companies for 2021. Gather quotes from several insurers before making your decision, as your situation will ultimately reveal the best car insurance company for you.

How do I get the lowest rates for my car insurance?

Start by shopping around to determine what insurer will give you the lowest premium rate. Then work with an agent to be sure you’re getting any discounts for which you are eligible. Choosing a higher deductible also results in a lower premium, although depending on the specific deductible you choose and the degree of increase, you may see varied savings.

How much does auto insurance cost?

Rates differ depending on multiple factors such as your age, ZIP code, marital status and credit rating, as well as your car’s model, age and condition. Your choice of coverage options also plays a role. The average rate for full coverage in the U.S., which includes collision and comprehensive insurance, is $1,674.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Credit: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base), and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. The following states do not allow credit to be a factor in determining auto insurance rates: CA, HI, MA

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. 16-year-old rates were factored as the added cost to their parents’ policy; 18-year-old rates were calculated as drivers who rent their primary residence.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction (BAC of >= .08) and lapse in coverage.

Written by
Mary Van Keuren
Insurance Contributor
Mary Van Keuren has five years of experience writing for insurance domains such as Bankrate.com, Coverage.com and Thesimpledollar.com. She has also written extensively for consumer websites including reviews.com and myslumberyard.com. Prior to that she worked as a writer in academia for several decades.
Edited by
Insurance Editor