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Allstate Agency Owner Reviews

Updated Jun 21, 2020

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3.0
48%
Recommend to a Friend
22%
Approve of CEO
Allstate Chairman and Chief Executive Officer  Thomas J. Wilson II
Thomas J. Wilson II
20 Ratings
  1. Helpful (1)

    "Allstate Agency Owner"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner in Fayetteville, NC

    I worked at Allstate full-time for more than 8 years

    Pros

    agency support, own hours, own staff

    Cons

    prices are not competitive so it is hard to sale product, Allstate does not care about owners

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  2. "Nearly Impossibl"

    1.0
    Former Contractor - Agency Owner in New York, NY
    Disapproves of CEO

    I worked at Allstate for more than a year

    Pros

    Full Freedom, Running your own business, etc

    Cons

    Company policies, constantly changing and rooting out agents

  3. "Owning an Agency is one of America's best kept small business secrets."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner in North East, PA
    Recommends
    Positive Outlook
    No Opinion of CEO

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

    Pros

    Control of your destiny, support from company with a 90 year track record, good products, name brand, great hours for owning a business, Great profit margins. Build and lead your own team.

    Cons

    Leadership makes poor decisions on technology. They need to consult or hire more agents from the field that are consistently successful prior to investing. They are also running too lean for ideal support. Relying more on technology as opposed to human resource.

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  4. "No retirement security"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner in Albany, OR
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Great career. I became a well respected businessperson.

    Cons

    When it was time to retire, I told management, who brought me a buyer. I was told she was “fully qualified”. She wasn’t. After 2 years she closed down a 27 year agency and quit paying me. Allstate of course takes no responsibility so I am out over $350,000, have no income but Sosicl,Security and am on Medicaid. Wow - what a rewarding career.

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  5. "Not worth the risk"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner in The Woodlands, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Allstate full-time for more than a year

    Pros

    Owners are passionate about their agencies and willing to help each other out.

    Cons

    Although they say you own your agency, they change the rules on what they will provide for you as far as marketing materials and costs. They also control who you use for outside vendors for leads, which create budget concerns, since you need as many lead opportunities as you can get.

  6. "Agency Owner"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Agency Owner 
    Recommends
    No Opinion of CEO

    I worked at Allstate for more than 5 years

    Pros

    Room to run business how you see fit. Ownership kicks in after 5 years Comp initially is very good

    Cons

    region can be difficult to work with. Lots of after opening expense

  7. Helpful (1)

    "Don't bother...Go independant instead"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Allstate full-time for more than 3 years

    Pros

    Enhanced commission schedule is good but still not worth being here

    Cons

    Poor ethics, sloppy processes and procedures, terrible training, inferior products (especially homeowners - named peril policy) compared to other carriers, their field sales management (up to State Executive) is a disgrace to the industry. So much more to list...

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  8. "good luck"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Agency Owner in New Orleans, LA
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Allstate full-time for more than 3 years

    Pros

    own your own agency, able to sell your agency unlike other companies

    Cons

    allstate hates their agents. play by there rules or get kicked out

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  9. Helpful (8)

    "Sinking Ship Very Unethical Company"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Agency Owner in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Allstate full-time for less than a year

    Pros

    The pro is just that you are self- employed but broke.

    Cons

    First all, believe nothing the recruiter tells you! It’s all lies. It sounds good but the money doesn’t add up! This company allows their recruiters/sales managers to blatantly lie and say whatever to get new agents. They don’t plan for you to succeed. They’re just in it for the money they get for you signing on. Once you’ve done that, they are nonexistent and don’t know anything! Allstate is a slimy company that has figured a way to manipulate people to use their own money to promote them their products just to end up in debt. Lol. It’s laughable that they expect agents to jump out and spent thousands on marketing monthly, a retail location and three or more staff members when their commission is extremely low. That’s if they pay you correctly at all which they won’t. Your agency commissions are always extremely lower than what they are supposed to be and you’ll have to spend your day emailing and filling out online forms to get corrections which NEVER happen! Their contract and commissions can change at anytime and trust me they will. As soon as you’ve spent YOUR money to go to their training program in Illinois and on getting your office decked out. Be prepared for constant irate customers because once you’ve written the policies especially home, Allstate sends someone out and they disagree and feel the house needs MORE coverage than what their own system evaluated while you quoted it. Lots of rate increase conversations and claims not being paid conversations from customers. Just a nightmare that you’ll regret getting involved with. But you’ll feel struck because either you buy a book that doesn’t provide the income they promised or you fall off their extremely unattainable tier and your commission drops to ten percent. Either way you end up in debt. Once you quit they will not allow you to sale the book unless they approve the buyer and guess what? They won’t. And you’ll end up like 90 percent of their new agents within the last 5-10 years, closing your doors on this nightmare before you lose all of your own $100,000 investment. After I left, they never alerted customers of it or placed them with a new agent. I know because my own policy was still with them for a few months. I feel bad for the clients I wrote with them since they gave me the run around months later when I needed to file a claim. I’m horrified knowing they may be treated the way I was.

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  10. "Great company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Agency Owner 
    Recommends
    Positive Outlook

    I have been working at Allstate for more than a year

    Pros

    Lots of support, great communication, fantastic comp

    Cons

    Volatile rates, too many agents, stringent RMPs

Found 51 reviews