Allstate Your Choice Auto Insurance (patent pending) was designed, built and tested based on consumer research and input from Allstate agencies. The Your Choice Auto product aims to meet consumer desire for greater flexibility and more choice when it comes to their auto insurance.
"This is more than just an enhancement to our standard auto product," said Thomas J. Wilson, president and chief operating officer, Allstate Insurance Company. "Allstate Your Choice Auto Insurance represents the innovation and leadership stance that Allstate is taking in order to help consumers feel better protected and prepared."
Wilson added, "If you glance at today's roads and auto dealer floors you'll see that Americans want choice in what they drive because of why and how they drive. And more choices should be presented in the insurance they buy."
How it works
In addition to Allstate's standard auto policy offering, with the new plan consumers can now choose from three new, optional packages: Platinum Protection package, Gold Protection package and Allstate Value Plan. Based on their individual needs, consumers can choose among new features like accident forgiveness, new safe driving rewards or enhanced protection for new cars. Consumers can also opt for the Allstate Value Plan - Allstate's most affordable insurance plan.
The key features available with the Platinum Protection and Gold Protection packages include:
• Accident forgiveness: helps keep rates from going up because of an accident.
• Deductible rewards: gives an immediate $100 off collision coverage deductible and an additional $100 off for each year of accident free driving - up to $500 total.
• New car replacement: can provide replacement value for a policyholder's new car if it is totaled in a covered loss - not just book value.
The product is scheduled to be available in a majority of states by the end of the year.
Additionally the Platinum Protection package includes: a safe driving bonus which offers a credit that can be applied to the next renewal premium for every six months of safe driving.
Allstate Your Choice Auto Insurance is currently available in Texas, Arizona, Oregon, Utah, and Tennessee.