Allstate Insurance, after a lengthy hiatus, is returning to Massachusetts to offer coverage for motor vehicles.
The company plans to start doing business here starting in November.
Massachusetts policymakers have recently adopted positive changes that make the insurance market more competitive, according to Allstate Protection President George Ruebenson.
The recent changes set a new direction, giving insurers greater flexibility in how they serve customers and compete for business in the market.
“People are looking for value and choice,” said Ruebenson. “As a company with a solid reputation and a national presence, Allstate will provide Massachusetts consumers with additional automobile insurance choices from an established insurance provider.”
Allstate is one of several large insurance companies coming back after the state adjusted its insurance rules. Progressive and Geico are also entering the Massachusetts market, among others.
