Allied Insurance: Everything You Need to Know

Allied Insurance is a national insurance company that offers a wide range of insurance and financial services across the country. The company was founded in 1929 and operates out of Des Moines, Iowa. Allied is known for its innovative solutions and data analytics that inspire creative solutions.

Allied Insurance provides various types of insurance coverage, including automobile, homeowners, life, and more. The company's agents are up-to-date on the latest laws in each of the 33 states they serve. Allied's agents work with clients to develop a custom-tailored insurance program to protect their family, home, auto, and other valuable possessions at the most reasonable, competitive costs their carriers can provide.

Allied Insurance is committed to supporting healthy workplace cultures. As problem-solvers, innovators, and collaborators, Allied's team pairs innovative solutions and data analytics that inspire creative solutions. The company's Fortune 100 status and generations of serving clients demonstrate its commitment to protecting what's most important.

History of Allied Insurance

Allied Insurance was founded in 1929 by Harold Evans and a group of businessmen in Des Moines, Iowa. The company started as a small auto insurance company with only a few employees. However, it quickly grew and expanded its offerings to include other types of insurance such as home, life, and business insurance.

Founding of Allied Insurance

Allied Insurance was founded during the Great Depression, a time when many businesses were struggling to survive. However, the company managed to thrive and grow due to its commitment to providing quality insurance products to its customers. The company's success was also due in part to its use of independent agents, who helped to expand its reach and customer base.

Acquisition by Nationwide Insurance

In 1998, Allied Insurance was acquired by Nationwide Insurance, a large insurance company based in Columbus, Ohio. The acquisition allowed Allied to expand its offerings and reach even more customers across the United States. Today, Allied Insurance is a subsidiary of Nationwide Insurance and operates as a separate brand.

Growth and Expansion

Since its founding, Allied Insurance has continued to grow and expand its offerings. Today, the company provides a wide range of insurance products to individuals, families, and businesses across the United States. The company has regional offices in several states, including Iowa, Nebraska, Colorado, and California.

Over the years, Allied Insurance has earned a reputation for providing quality insurance products and excellent customer service. The company has received numerous awards and accolades for its commitment to its customers and the community.

Ratings and Reviews

Allied Insurance has received mixed reviews from customers and industry experts. While the company has a stable financial rating and offers a wide range of insurance coverage options, some customers have reported issues with the company's customer service.

According to The Zebra, Allied Insurance has an average rating of 3.5 out of 5 stars. The company offers various insurance coverage options, including automobile, homeowners, life, and more. However, some customers have reported issues with the company's claims process and customer service.

ValuePenguin notes that Allied Insurance offers low rates and a wide range of discounts, making it a good option for accident-free drivers and new car owners. However, the company has received middle-of-the-road service reviews from customers.

Allied Home Insurance, a division of Nationwide, has an excellent overall rating of 4.1 out of 5 stars, according to Reviews.com. The company is highly regarded for its financial stability and is one of the highest-rated insurance companies in the country. However, some customers have reported issues with the company's claims process and customer service.

Overall, Allied Insurance has a solid reputation in the insurance industry and offers a wide range of coverage options. However, customers should be aware of potential issues with the company's customer service and claims process.

Financial Ratings

Allied Insurance is a subsidiary of Nationwide, which is a Fortune 100 company. As of December 1, 2022, the financial strength rating of Allied Insurance Company of America is A+ (Superior) according to AM Best, a global credit rating agency. This rating indicates that the company has a strong ability to meet its financial obligations to policyholders.

The financial size category of Allied Insurance Company of America is XV, which means that the company has over $2 billion in policyholder surplus. This is a significant financial cushion that can help the company withstand unexpected events and changes in the market.

Allied World Insurance Company, another subsidiary of Nationwide, has an indicative rating of i and an under review rating of u according to Rule 17g-7 of the Securities Exchange Act of 1934. This rating system is used to denote the creditworthiness of issuers of securities.

It is important to note that financial ratings are not the only factor to consider when choosing an insurance company. Other factors such as coverage options, customer service, and pricing should also be taken into account. However, a strong financial rating can provide peace of mind to policyholders that their insurer will be able to fulfill its obligations in the event of a claim.

Allied Insurance Products

Allied Insurance offers a variety of insurance products to meet the needs of individuals and businesses alike. This section will provide an overview of the different types of insurance products offered by Allied Insurance.

Auto Insurance

Allied Insurance offers auto insurance policies that provide protection for drivers and their vehicles. Their policies cover a range of situations, including accidents, theft, and damage caused by natural disasters. They also offer additional coverage options such as roadside assistance and rental car coverage.

Condo and Renters Insurance

Allied Insurance offers Condo and Renters insurance policies in Texas that protect customers from a range of risks, includingtheft, and liability claims. Their policies also offer additional coverage options such as personal property coverage and identity theft protection.

Allied Property and Casualty Average Texas Condo Insurance Rates

City Average Annual Allied Property and Casualty Condominium Insurance Rate
Dallas $583
Fort Worth $584
San Antonio $670
Austin $591
McKinney $585
El Paso $583
Denton $578
Conroe $615
Georgetown $597
Belton $606
Lubbock $573
Laredo $613
Waco $637

Allied Property and Casualty Average Texas Renters Insurance Rates

City Average Annual Allied Property and Casualty Renters Insurance Rate
Dallas $228
Fort Worth $230
San Antonio $269
Austin $216
McKinney $230
El Paso $239
Denton $227
Conroe $233
Georgetown $226
Belton $230
Lubbock $227
Laredo $236
Waco $248

Life Insurance

Allied Insurance offers life insurance policies that provide financial protection for families in the event of the policyholder's death. Their policies come in a variety of coverage amounts and can be tailored to meet the specific needs of the policyholder.

Business Insurance

Allied Insurance offers a range of insurance products for businesses, including property insurance, liability insurance, and workers' compensation insurance. Their policies are designed to protect businesses from a range of risks, including damage to property, lawsuits, and employee injuries.

In conclusion, Allied Insurance offers a range of insurance products to meet the needs of individuals and businesses. Their policies provide protection from a range of risks and can be tailored to meet the specific needs of the policyholder.

Customer Service and Claims

Customer Service

Allied Insurance prides itself on providing excellent customer service. The company offers several ways to contact their customer service department, including by phone, email, or through their website. Customers can reach the home office by calling 1-800-532-1436, the customer service department by calling 1-800-282-1446, and the commercial customer service department by calling 1-866-322-3214. Additionally, customers can report insurance fraud by calling 1-800-474-7633.

Allied Insurance also offers an online portal where customers can manage their policies, pay bills, and file claims. The portal is user-friendly and easy to navigate, making it convenient for customers to access their policy information at any time.

Claims Process

Filing a claim with Allied Insurance is a straightforward process. Customers can file a claim online or by phone. They will need to provide their policy number and details about the incident. Once the claim is filed, customers will be assigned a claims adjuster who will guide them through the process.

Allied Insurance offers a variety of insurance policies, including auto, home, and life insurance. The claims process may differ slightly depending on the type of policy. However, Allied Insurance is committed to processing claims quickly and efficiently to minimize the impact on their customers.

Overall, Allied Insurance is known for its excellent customer service and efficient claims process. Customers can feel confident knowing that they are in good hands with Allied Insurance.

Allied Insurance Discounts and Savings

Allied Insurance offers various discounts and savings opportunities to help policyholders save money. Here are some of the discounts and savings options that Allied Insurance offers:

Multi-Policy Discount

One way to save money on your monthly premiums with Allied Insurance is to bundle your auto and homeowners insurance policies or add a life insurance policy through Allied. This can qualify you for a multi-policy discount.

Safe Driver Discount

Allied Insurance offers an accident-free discount for drivers who go without an accident each year. This discount can help you save money on your premiums.

Good Student Discount

If you are a student insured with Allied Insurance and earn a "B" average or above, you could qualify for a good student discount. This discount is a great way for students to save money on their insurance premiums.

Homeowner Discount

If you own a home and insure it with Allied Insurance, you could qualify for a homeowner discount. This discount can help you save money on your monthly premiums.

In addition to these discounts, Allied Insurance also offers an easy pay discount. Customers who sign up for automatic payments can receive a one-time discount.

It's important to note that not all discounts and savings options may be available in every state or for every policyholder. Be sure to check with an Allied Insurance agent to see which discounts and savings options may apply to you.

Allied Insurance Ratings and Reviews

Allied Insurance is a subsidiary of Nationwide Insurance and has been in business since 1929. The company provides various types of insurance coverage, including automobile, homeowners, life, and more. In this section, we will look at the financial strength ratings and customer reviews of Allied Insurance.

Financial Strength Ratings

Allied Insurance is a subsidiary of Nationwide Insurance, which has an A+ rating from A.M. Best, one of the leading insurance rating agencies. This rating indicates that the company has a strong financial position and is capable of meeting its obligations to policyholders.

Customer Reviews

Allied Insurance has received mixed reviews from customers. According to The Zebra, Allied Insurance has a rating of 3.5 out of 5, indicating that the company is average in terms of customer satisfaction. ValuePenguin reports that Allied Insurance has a complaint ratio of 0.99, which is slightly better than the industry average. However, the most common complaints from customers were related to the claims process, including delays and unsatisfactory settlement amounts.

On the other hand, Allied Home Insurance has an excellent rating of 4.1 out of 5 on ConsumersAdvocate.org. This rating is based on factors such as customer service, claims handling, and financial stability. Allied Coverage, which provides health insurance plans, has not received many customer reviews, but the plans are designed to meet the specific needs of each client.

Overall, Allied Insurance has a mixed reputation among customers. While the company has a strong financial position, some customers have reported issues with the claims process. However, other customers have had positive experiences with the company's customer service and coverage options.