Allstate Platinum Plan

Allstate is one of the most well-known and respected insurance providers in North America. Founded in 1931, Allstate currently provides insurance coverage to more than 17 million U.S. households.

In addition to providing automobile insurance, Allstate offers a wide range of financial services including homeowners and life insurance, motorcycle and boat insurance, and business insurance.

In 2006, Allstate unveiled the Your Choice Auto program which rewards safe drivers with discounts and affordable options. Your Choice Auto consists of four insurance plans which include: Platinum, Gold, Standard and Value.

The Allstate Platinum plan offers the most options and guarantees locked-in premiums regardless of how many accidents you have. If you or other household drivers tend to be accident prone, the Platinum plan is probably a good choice for you.

While most car insurance carriers will raise your premiums by 40 percent or more, Allstate Platinum guarantees to never raise your rates as long as you are insured under the Platinum program.

In addition to locked-in rates, the Allstate Platinum Plan rewards you with up to $500 in collision deductibles. The day you sign-up for the Allstate Platinum plan you will receive a $100 discount off your collision deductible. If you choose a $500 deductible, this means you immediately have a $400 deductible instead.

Each year you drive accident-free, Allstate will deduct an additional $100 from your collision deductible. This deduction stops once you reach the $500 mark. However, if you drive accident-free for 5 years and you choose a $500 deductible, with the Platinum plan you could end up with a zero-deductible. That’s quite a savings, wouldn’t you agree?

The Allstate Platinum plan also provides policyholders with a 5 percent discount off their insurance premium for every six months of accident-free driving. This means you can save an additional 10 percent off your premiums each year that you remain covered by the Allstate Platinum plan.

The Allstate Platinum plan provides optional new car replacement coverage. If you own a new car and it is totaled in a covered loss, this option can help you replace the car with another car of the same make and model. As you probably know, the value of cars depreciate quickly.

Some experts claim that the moment you drive a car off the lot, the value decreases by $1000. Depending on the type of new car you have insured, this might be an option you should consider looking into.

The Allstate Platinum plan allows policyholders to subscribe to the Allstate Easy Pay Plan. This option allows you to automatically pay your premium at a designated time. Some policyholders choose to pay their car insurance premiums monthly, while others pay semi-annually or annually.

The Allstate Platinum plan is not available in all 50 states within the U.S. In order to determine if it is available in your state, you will need to either visit Allstate’s website or contact them by phone.

Whatever your car insurance needs are, chances are good that Allstate can help you determine the best plan at the best price. To learn more about the Allstate Platinum plan, visit Allstate’s website at: www.allstate.com.