Esurance offers cheaper car insurance rates. But Allstate has more coverage options and better customer service. Update: As of March 2023, Esurance is no longer selling insurance to new customers.

Esurance customers can now find themselves “in good hands” with Allstate. Top U.S. publicly held personal lines insurer Allstate (NYSE:ALL) has scooped up Esurance and Answer Financial from White ...

When Allstate snapped up Esurance six years ago for a cool $1 billion, the digital player was supposed to be the key to battling Geico, then and now a thorn in the old-line insurance giant's side. CEO ...

Allstate completed the acquisition of Esurance in October 2011. The $1 billion purchase deal also included the takeover of Esurance’s subsidiary – Answer Financial. The purchase consideration was ...

Esurance, Allstate's $1 billion bet on selling car insurance over the Internet, is all grown up now. But the young adult is still living at mom and dad's. Four years after acquiring Esurance, Allstate ...

Allstate announced Thursday it will get rid of its Esurance brand next year as part of a “transformative growth plan,” an effort to streamline business operations and focus on the company’s name brand ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Allstate Corp. paid $700 million in cash plus approximately $310 million tangible book value of the acquired ...

Northbrook-based Allstate Corp. will phase out its Esurance brand in 2020 as part of an overall “transformation growth plan” for the insurance company. Allstate purchased Esurance in 2011 as a way to ...

NEW YORK, May 18 (Reuters) - Allstate Corp., already the second-largest U.S. auto insurer, said on Wednesday it would expand into online sales by buying Esurance from White Mountains Insurance Group ...

Home and auto insurer Allstate is buying Esurance and Answer Financial from White Mountains Insurance for about $1 billion, The Associated Press reports Allstate has major operations in Connecticut ...

Esurance has yet to turn a profit since Allstate bought the online insurer for $1 billion in 2011, but the Northbrook-based company remains committed to the business. “We could obviously make that ...