Encompass Insurance Company is a subsidiary of Allstate Corporation and is one of the largest personal property and casualty insurance brands sold through a network of more than 6,500 independent agent locations across the United States. The company that would become Encompass was founded in 1897 and officially became the Encompass Insurance Company in the 1990s.[2] The company has its headquarters in Northfield Township, Illinois, near Northbrook, Illinois.
History
In 1897, the company that would become Encompass began selling personal insurance under the motto "Protection and Security." The company’s package policy dates back to then.
In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000.
Encompass distributes its products through 6,500 independent agency locations in 42 states.[3]
Encompass is backed by a number of independent rating agencies based on profitability, adequacy of capital liquidity, company management and investment risk.[7]
An A.M. Best ranking of A+ (Superior) was given to the following Encompass underwriting companies: Encompass Indemnity Company, Encompass Insurance Company, Encompass Insurance Company of America, Encompass Property and Casualty Company, Encompass Independent Insurance Company, Encompass Insurance Company of Massachusetts and Encompass Home and Auto Insurance Company.
Encompass Insurance Company of New Jersey and Encompass Property and Casualty Insurance Company of New Jersey share the A.M. Best rating of A−, same as their parent company Allstate New Jersey Insurance Company, as of December 2015.
Encompass Floridian Indemnity Company and Encompass Floridian Insurance Company are rated B− by A.M. Best, same as their parent company Castle Key Insurance Company.[8][9]
Products available
The EncompassOne policy offers three tiers of comprehensive coverage for homes, vehicles and collectables. They are Elite, Deluxe and Special and are available in most states.
Insurance products
Homeowners, condominium, renters and landlord insurance, auto, motorcycle, recreational vehicle insurance, boat and personal watercraft insurance, personal umbrella, scheduled personal property, home based business insurance, identity theft restoration protection.[10]