Allstate

  www.allstate.com
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  • Culture & Values
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  • Disapproves of CEO

 

Do your Due Diligence before opening an Allstate Agency

Agency Owner (Former Employee) Boise, ID

ProsThe company catagorizes it's agents as "Independent Contractors," or business owners. It is a good learning experience if you strive to be an entreprenuer. Each agency is responsible for hiring, training, and paying their staff (if approved by Home Office.) Highly recommend selling
Allstate as an Independent Agent, not as an Exclusive Agent.

ConsAllstate sets very high agent premium expectations, and if not met, they can terminate your contract. They classify their agents as Independent Contracts, but it only for their financial benefit. Agents can only sell Allstate Products, they own all the policies, if you decide to sell your agency-they have to approve it, they have you sign a 2 yr non-compete contract, they own your phone lines, and they can terminate your contract at anytime. They will hire just about anyone because they are not investing any money, if hired you have to invest your money and sign leases. If they terminate your contract, your still responsible for lease and due to the contract you can not open another agency for 2 years.

Advice to Senior ManagementStop lowereing commissions and increasing production requirements. Let the agency owners "run" their own business, or classify them as employees. Stop requiring "life insurance, annuity, and variable annuity" premium production as a means to terminate agents contracts. Let agencies own their own phone lines.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    demanding

    Auto Total Loss Adjuster (Former Employee) Westminster, CO

    I worked at Allstate full-time for more than 10 years


    Pros: nice people workin g for them Cons: too intent on numbers,not enough on customer Advice to Senior Management: put the customer fist,not the numbers Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    "I love the people at Allstate"

    Anonymous Employee (Current Employee) Charlotte, NC

    I have been working at Allstate for more than a year


    Pros: People are very friendly and easy to get along with. It is very laid back and… Cons: The compensation starts off very low. You can be doing the same thing with another… Advice to Senior Management: Increase the salaries Yes, I would recommend this company to a friend More
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