Allstate - Do your Due Diligence before opening an Allstate Agency | Glassdoor
There are newer employer reviews for Allstate
There are newer employer reviews for Allstate

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Helpful (7)

"Do your Due Diligence before opening an Allstate Agency"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Agency Owner in Boise, ID
Former Employee - Agency Owner in Boise, ID
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Allstate full-time (More than 10 years)

Pros

The 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.

Cons

Allstate 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 Management

Stop 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.

Other Employee Reviews for Allstate

  1. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - SIU in Dallas, TX
    Former Employee - SIU in Dallas, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Allstate full-time (More than 5 years)

    Pros

    Stable - Large - Great staff - diverse company

    Cons

    Unnecessary processes overload the staff


  2. Helpful (2)

    "Great place to work until they turn on you"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Consultant in Northbrook, IL
    Former Employee - Accounting Consultant in Northbrook, IL
    Recommends
    Neutral Outlook

    I worked at Allstate full-time (More than 10 years)

    Pros

    great opportunities for advancement, competitive pay, benefits are just ok

    Cons

    it all depends on the area you are in, most areas don't have a con

    Advice to Management

    conduct anti-bullying seminars for the management

There are newer employer reviews for Allstate
There are newer employer reviews for Allstate

See Most Recent

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