Allstate vs. Umialik: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Umialik offers significantly less expensive rates than Allstate
• Allstate may help you save more money -- they offer more discounts than Umialik Insurance Company
• Umialik tends to be a much more affordable option for policyholders who live in urban areas

Allstate or Umialik: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering considerable savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Allstate or Umialik for your next policy, but between the two, which one will offer you cheaper premiums?

Looking at the national average rates for both carriers, Umialik has average rates that are around 45% a month more affordable than those from Allstate.

That being said, that doesn't necessarily mean Umialik will be the cheaper option for each driver. After all, insurance companies can offer drastically different rates to every driver depending on rating factors like your credit score, where you call home, your age, or even your driving record (among other things), so prices could differ drastically from person to person.

Luckily, we've broken down average rates from both Allstate and Umialik by multiple different rate factors, so read on to find out which carrier is the best for you.

Allstate vs. Umialik: Average Car Insurance Rates by State

Allstate and Umialik only compete against each other in Alaska, where Umialik offers the cheaper average premiums. Umialik drivers tend to pay about $27 per month less on average compared to drivers who use Allstate for their auto insurance.

There's a lot more that goes into your car insurance cost than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. Generally, that's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean that teen drivers have to just accept sky-high auto insurance prices. For example, 18-year-old drivers pay an average of almost 50% less a month by choosing Umialik over Allstate. It's worth noting that Allstate offers car insurance in 47 different states compared to Umialik's one, which can skew the average premiums a bit, but the difference here is still considerable.

However, both carriers will lower rates by the time you turn 25. Umialik offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. Allstate's average prices drop nearly 65% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the lowest insurance premiums out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for car insurance.

But who has the best premiums for retired drivers between Allstate and Umialik? Umialik gets the edge, with rates for drivers 65 and older $77 less expensive than the national average for Allstate.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are typically more expensive for single policyholders than they are for married policyholders? That's because policies for married drivers normally cover more than one vehicle, which lots of companies will give you a discount for.

For those who are single, the difference in average premiums between these two carriers is significant, with Umialik prices coming in at about half of Allstate's. The advantage for married couples with Umialik is also obvious, where drivers save around $65 per month.

Allstate or Umialik: Average Rates by Gender

Because women are less likely to get into collisions and get speeding tickets, they have a decreased chance of filing a claim with insurance. So, insurance companies will tend to offer women more affordable rates.

With Allstate, men typically pay about 4% more a month than women., and around 7% more with Umialik.

Looking at overall affordability, Umialik comes out as the cheapest option for both genders. On average, male drivers save about $91 per month and women save about $90 with Umialik compared to the average Allstate policyholder.

Allstate vs. Umialik: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different terms and coverages that it can be hard to find the right policy for you.

The two most common policies end up falling into two different types of coverage -- liability coverage (that covers property damage and bodily injury for other drivers and their passengers if you cause a collision) and full coverage (which usually refers to having collision and comprehensive coverages alongside what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Umialik has the significant edge, with average monthly premiums coming in at $66. If you want a full coverage policy with the same state minimum limits, Umialik again has the edge, with policies averaging around $150 a month to Allstate's $289.

Is Allstate or Umialik Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that at-fault collisions and speeding tickets lead to higher rates, but which company -- Allstate or Umialik -- has the lowest prices for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Umialik insurance policies don't report seeing their premiums increase after getting a ticket, but Allstate policyholders can expect to see their monthly bill increase by.

But Umialik tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering prices that are 31% and 41% more affordable, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

Allstate drivers who get in an accident can expect to see their rates climb by just under $75, while those who have insurance through Umialik will see about a $0 increase.

At the end of the day, Umialik offers the cheapest prices for drivers with an at-fault collision on their records, with average rates coming in at $108 compared to Allstate's $229.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even a collision. On average, Allstate will raise your premiums around 31% after a DUI, while Umialik's average prices increase by 0%.

Umialik has the overall most affordable premiums for drivers with a DUI on their records at $108 a month, but it's worth noting that Allstate's average rates come from 47 states compared to just one for Umialik, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Umialik Rates?

Often times, your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (Hawaii, for example, has banned the use of credit score as an insurance factor) but it will come into play for several policyholders.

Auto insurance companies argue that those with poor credit scores are less likely to pay their bills on time each month, which raises the risk involved on their end, while the opposite is true for those with good credit.

So, which carrier offers the lowest rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Umialik will generally reward you the most. For policyholders with "excellent" credit scores, Umialik comes in nearly 44.83 less expensive. Drivers with "good" credit scores typically save about 45% with Umialik compared to average prices from Allstate.

Which Company is Best for Drivers with Bad Credit?

Umialik typically offers lower premiums than Allstate when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 45% per month less with Umialik compared to Allstate, and those with "poor" scores generally save an average of about 47% monthly.

Is Allstate or Umialik Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a large impact on how much car insurance carriers will charge for coverage? Normally, those who drive fewer miles will end up with cheaper rates since there's less of a chance of causing an accident and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Umialik charges. However, there's a small difference in monthly prices for Allstate, with policyholders who drive the least paying around $3 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Umialik is the more affordable company.

Allstate or Umialik: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for insurance, but the type of area you live in can have a substantial impact as well. Usually, those who live in urban areas will pay more than drivers in rural areas due to the number of cars that are on the roads where they live.

Umialik tends to offer the cheapest prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save about $94 with Umialik compared to Allstate. People who live in suburban areas pay around $90 less with Umialik compared to Allstate. For policyholders in urban ZIP codes, Umialik Insurance Company's average rates are about $87 less than Allstate.

Allstate vs. Umialik Discounts

No matter why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by utilizing as many car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be difficult to find all the ones you qualify for or to nail down the company that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and compared all of the different discounts offered by Allstate and Umialik so that you can see which carrier can save you the most money each month.

Allstate blows Umialik away when it comes to the sheer amount of discounts available, offering 40 different discounts to Umialik's seven.

A couple of those are overlapping for things like anti-theft discounts, distant student discounts, and discounts for being a good student. Allstate also offers discounts for advance quote, agency transfer, alert driving, and more.

Umialik's discounts come through just a few categories, including ABS, Anti-Theft, Defensive Driver, and more.

Final Thoughts: Is Allstate or Umialik Best for You?

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. That's all well and good, but at the end of the day, which insurance carrier is the right company for you and your specific needs?

Umialik might be best for you if....

• Your driving record contains an at-fault accident.
• Your credit is below-average.
• Your neighborhood is in a rural area.

Allstate might be best for you if...

• You are considering moving to another state -- Umialik Insurance Company is only available to Alaska residents.
• You're looking for the company with the most discounts.

Hopefully, this guide has ben a valuable resource as you compare Allstate and Umialik and that it aids in making a more informed decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of carriers, not just Allstate and Umialik. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Allstate vs. Umialik FAQs

Is Allstate or Umialik cheaper?

Umialik is the cheaper of the two carriers when looking at national average premiums, with policies averaging $108 a month with Umialik and $199 for Allstate. That being said, that doesn't mean Umialik will be the lowest carrier for each policyholder, since there are several different factors that come into play when it comes to your insurance payment.

Who is better, Allstate or Umialik?

Sadly, the answer truly is "it depends.". Neither company is necessarily "better" for every policyholder -- it all depends on what your unique car insurance profile looks like.

Why do Allstate and Umialik offer me different rates?

Auto insurance companies use a lot of different variables when determining the prices they charge. Things like your driving record, gender, where you call home, age, and sometimes even things like your credit score can all be used. Both Allstate and Umialik calculate premiums using different formulas, so it's likely they'll offer different rates. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from many different carriers.

How do I know if Allstate or Umialik is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the most affordable premium. And maybe you'll find that the best carrier for you isn't Allstate or Umialik at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.