Who invented Allstate?
Who invented Allstate?
With a name borrowed from an automobile tire sold in the Sears catalog, and the backing of Sears, the great adventure of Allstate Insurance Company begins on April 17, 1931. On May 17, William Lehnertz becomes Allstate’s first policyholder. He pays $41.60 for a 12-month policy on his 1930 Studebaker.
