M. C. Phillips: Allstate Insurance

Check out how The Allstate Foundation’s partnership with DonorsChoose was featured on NBC’s "Today" show. The school highlighted in this clip is just one of 1,585 that The Allstate Foundation supported to help students this year.

Risk Management and Insurance. What is Insurance? Insurance is a form of risk management. When you buy insurance you pay a relatively small amount of money (called a premium) on a regular basis (monthly or annually) to an insurance company. By paying the insurance premium, you protect yourself against a large, unpredictable expense (called a loss or claim) that you might incur if something bad (like an accident, illness,... or injury) happened to you. Basically, insurance transfers the risk from you to the insurance company for a fee. Essentially, insurance is an agreement that states something is protected if it is damaged, hurt, or stolen. When you purchase insurance on something it can protect your investment. If anything happens to the insured item that’s covered by the policy, you can receive funds from the insurance company to have the item replaced or fixed, or receive a cash settlement. See more

Quarantine, social isolation & financial stressors can cause abusive partners to take advantage of their victims. That’s why The Allstate Foundation granted $500,000 to the National Network to End Domestic Violence to help local domestic violence programs.

Gary Hallgren, President of Allstate's mobility data and analytics company, Arity, explains how analyzing billions of miles of anonymized driver data has presented a unique look into reckless driving habits during the pandemic.

We are grateful to the heroes on the front line for their continued dedication and care. That’s why our agency is humbled to share that The Allstate Foundation gave a $500,000 grant to The First Responders Children’s Foundation COVID-19 Emergency Response Fund. Help show your support by giving today: https://1strcf.org/