Auto Insurance Comparison Between Allstate and Liberty Mutual 2022

Allstate and Liberty Mutual are two solid options to consider when looking for auto insurance. These reputable insurers have offered coverage for decades, but which company is best for your situation? Read on to compare coverage, prices, discounts, and more.

See our Allstate Car Insurance Review and Liberty Mutual Car Insurance Review for more information on these two companies.

Allstate and Liberty Mutual auto insurance coverage

Allstate and Liberty Mutual both offer standard auto insurance coverage options such as:

See our article on Common Types of Auto Insurance to learn more about basic coverage.

Additional coverage

Additional coverage from Allstate and Liberty Mutual may be available in addition to basic coverage in some states.

  • Rental car refund
  • Roadside assistance and towing
  • Medical payments
  • Accident forgiveness
  • Additional carpooling insurance

Allstate offers an unusual add-on: audio system insurance. The company will cover the loss if your personalized audio equipment is stolen or damaged.

Liberty Mutual offers an unusual option with its teacher insurance. This product provides additional protection for your vehicle and educational material against vandalism and theft.

A unique feature of Liberty Mutual is the length of its auto insurance policies. Unlike most of the major operators, Liberty Mutual offers 12 month policies. The Liberty option for annual rates can help you avoid the increases that often occur at the end of typical six-month policies.

Average insurance rates for Allstate and Liberty Mutual

Allstate and Liberty Mutual premiums are often in the higher insurance cost range. According to research from The Zebra, the average monthly cost of a policy with Allstate is $ 170. Liberty Mutual’s rates are comparable to $ 144 per month on average.

Many consumers say that you get what you pay for and that these companies’ premiums match their service and reputation. Also, keep in mind that with any policy, rates vary based on driving records, geographic region, vehicle type, and other factors, including average annual mileage. Contact Allstate, Liberty Mutual and other insurance companies directly for personalized quotes.

This table compares the average annual premiums between Allstate and Liberty Mutual by age group.

age range Allstate Mutual Freedom
Teens $ 6,442 $ 6,559
20s $ 2,636 $ 2,686
30s $ 1,920 $ 1,942
40s $ 1,912 $ 1,926
the 50’s $ 1,893 $ 1,793
60s $ 1,768 $ 1,746

Source: The Zebra

Premium discounts from Allstate and Liberty Mutual

One of the best discounts you can get from carriers is bundling auto insurance with a home, renters, boat, motorcycle, or other insurance policy. Most insurers will encourage customers to take advantage of bundling their coverage. Be sure to educate yourself about the options for grouping multiple policies and vehicles.

Policyholders with these insurers may be eligible for several auto insurance discounts and benefits:

  • Safe driver discount
  • Good student discount
  • Accident-free drivers
  • Discounts on anti-theft equipment
  • Accident forgiveness

You may be eligible for a discount from Liberty Mutual if you own a home, even if you don’t bundle your policies. If you choose Allstate, you might get a lower rate for driving a new car.

Customer satisfaction with Liberty Mutual and Allstate

Most auto insurance companies, including Allstate and Liberty Mutual, receive mixed reviews from consumers. Some praise companies for responding to claims, but others criticize insurers for the same issues.

For auto insurance buyers, high customer satisfaction rates mean a high likelihood that the insurer will process claims quickly and efficiently. The 2021 JD Power US Auto Insurance Study includes responses from nearly 39,000 customers. The results provide insight into customer satisfaction in key areas:

  • Cost of auto insurance
  • Policy Offers
  • Complaints
  • Interactions with clients
  • Billing process and policy information

JD Power’s ratings rate Allstate as “average” based on customers’ opinions and experiences with the business. Liberty Mutual is rated “above average”.

Who is better financially, Allstate or Liberty Mutual?

An insurance company must have the capacity to cover all the claims that need to be paid and to meet its other financial requirements.

Allstate has an “excellent” financial strength rating from AM Best; Liberty Mutual’s rating is “good”. Both ratings indicate that these insurers can pay their claims obligations.

Allstate or Liberty Mutual: which is right for you?

Auto insurance requirements are unique to each driver. Request quotes from Liberty Mutual, Allstate and other carriers. Speak with company representatives and choose the insurer with the coverage levels and prices that best meet your needs.

Allstate and Liberty Mutual offer auto policies with varying levels of coverage for a wide variety of drivers. The average premium price is similar between the two insurers. While shopping you will always get the best price, but remember that cost is just one factor you need to consider.

Whichever company you choose, make sure you understand the details of what’s covered and what is best for your situation before signing a new auto insurance policy or renewing your coverage. If you are buying a car, be sure to purchase auto insurance before you set off by car.

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