While State Farm features a wide variety of insurance policy options and good customer service, its rates are rather pricey for both home and auto insurance. The company makes up for this by offering a variety of discounts — such as its Steer Clear driver program — and having solid customer service.
Overall, State Farm is a safe choice for your insurance, though it doesn't excel in any particular aspect.
Our thoughts on State Farm insurance
State Farm provides a wide range of auto and home coverages to satisfy its customers’ insurance needs. State Farm is well-established throughout the United States, as it is the largest auto insurance company in 33 out of 50 states.
Those looking for a personalized experience with a local insurance agent are likely to find just that with State Farm, as it has a network of over 18,000 agents. This is in stark contrast to other large insurers — particularly Geico and Progressive — that have fewer dedicated agents.
State Farm has also received positive reviews for its mobile app. The app allows customers to pay their insurance premiums, file a claim and get roadside assistance.
If you are looking for the lowest possible rates as a driver or homeowner, State Farm may not be your best choice. However, customers who qualify for State Farm's most advantageous discounts can still get excellent value. For renters looking for consistent coverage at cheap prices, State Farm is a good choice.
State Farm auto insurance
State Farm car insurance quotes comparison
State Farm's rates are generally more expensive for auto insurance than rates from other insurers, based on the quotes that we gathered.
Find Cheap Auto Insurance Quotes in Your Area
Drivers that can take advantage of some of State Farm's discounts — particularly the Drive Safe and Save discount — may still be able to get low rates.
Rates can vary drastically by region and driver profile, so the best way to get the cheapest rates is to compare car insurance quotes.
State Farm auto insurance coverages
State Farm offers its customers all of the standard car insurance coverages including liability insurance, uninsured/underinsured motorist, collision and comprehensive insurance and personal injury protection.
It also offers a few unique policy add-ons, such as rental car and travel expenses coverage and rideshare insurance.
What it covers
Is it required?
|Liability insurance||Covers the cost of repairs or medical care if you cause damage to another driver||Yes, but each state has different required limits|
|Uninsured and underinsured motorist||Covers damage if the at-fault driver can't pay||Required in some states|
|Collision||Covers any damage to your car in a collision, no matter who was at fault||Could be required if you have a lease or loan on your car|
|Comprehensive||Covers damage to your car that isn't caused by a collision||Could be required if you have a lease or loan on your car|
|Personal injury protection (PIP)||Covers medical expenses of you and your passengers, no matter who is at fault in an accident||Required in some states|
|Rental car and travel expenses coverage||Covers certain expenses if your car breaks down while you're traveling||No|
|Rideshare insurance||Provides coverage while you drive for a rideshare app||Could be required if you have a lease or loan on your car|
Rental car and travel expenses coverage:
While rental car insurance is a pretty standard optional coverage among insurers, State Farm's coverage goes above and beyond by covering meals, lodging and transportation if your vehicle is disabled while you're on the road. This coverage will pay for travel expenses of up to $500 for all covered individuals. To take advantage of travel expenses coverage, your car has to be undrivable as a result of an incident that falls under your comprehensive or collision insurance.
If you are an Uber or Lyft driver, then you will likely need to buy a special rideshare insurance policy. State Farm offers rideshare insurance that extends the coverages from your personal car insurance policy to cover you while you are working. Typically, adding rideshare coverage to your insurance policy will raise your premiums by 15% to 20%.
State Farm auto insurance discounts
Drivers looking for ways to reduce their auto insurance premiums will find a wide variety of discounts that they can utilize with State Farm — though two discounts targeted at safe drivers offer particularly significant benefits. State Farm even has a program called the Discount Double Check — the program's spokesperson is Green Bay Packers quarterback Aaron Rodgers — which is designed to ensure that drivers get all of the discounts that may be available to them.
Steer Clear driver program
This program by State Farm is designed for those under 25 years of age to brush up on their driver education. Drivers who complete the program are eligible for a discount of up to 15% off their premium. The Steer Clear driver program can be completed online or on your mobile app, and your State Farm insurance agent is available to assist you. This program is available in all states except California, Hawaii, Massachusetts, North Carolina and Rhode Island.
Drive Safe and Save
Eligible drivers can enroll in the Drive Safe and Save program to receive an automatic 5% discount on their auto insurance rates. This program uses information from your vehicle's OnStar software or the Drive Safe and Save mobile app to track your driving habits. State Farm will then use this information at each policy renewal to determine how much you can save — which could be up to 50%.
How do you receive it?
|Accident-free discount||Have your vehicle insured continuously with State Farm for at least three years without having an at-fault accident to qualify.|
|Defensive driving discount||Take a defensive driving course.|
|Good student discount||Have a GPA of 3.0 or higher.|
|Bundle policies||Have a homeowners, renters, condo or life insurance policy in addition to insuring your car with State Farm.|
|Good driving discount||Go three years or more without having an at-fault accident or moving violation.|
State Farm homeowners insurance
State Farm homeowners insurance quote comparison
State Farm's homeowners insurance rates are some of the most expensive among its competitors. A homeowners insurance policy with State Farm would cost twice as much as what you'd pay with the cheapest insurer, Esurance.
Find Cheap Homeowners Insurance Quotes in Your Area
Insurance rates can vary drastically by region and property, so the best way to ensure you get the cheapest rates is to gather at least three to four quotes and compare prices.
State Farm homeowners insurance coverage
State Farm offers all the homeowners insurance coverages you'd expect from a national insurer, such as personal liability, medical payments and dwelling coverages.
One of the more unique services that State Farm provides is the Premier Service Program, though it's not yet available in all regions. This is an optional program that puts policyholders in touch with participating contractors that can provide water removal services or flooring repairs and replacement. The repairs are guaranteed for up to five years for a covered loss.
Homeowners interested in additional coverages with State Farm have the option to add on additional protections for losses from earthquakes, backup of a sewer or drain, identity restoration and loss assessment. Certain extended coverages can only be purchased through a State Farm agent, such as insurance for an electric vehicle charging station and waterbed liability insurance.
State Farm homeowners insurance discounts
State Farm provides policyholders a variety of ways to save on homeowners insurance costs. These are pretty much in line with what is typical of insurance companies and include discounts for:
- Sprinkler systems
- Security devices
- Bundling multiple insurance policies with State Farm
- Damage-resistant roofing material
State Farm renters insurance
State Farm renters insurance quotes comparison
While State Farm's renters insurance doesn't provide many discounts or offer any unique endorsements, its rates remain competitive across a range of coverage levels. When we compared State Farm with Farmers, another large traditional insurer, and Lemonade, an online insurance startup, we found that State Farm performed well against both companies.
Find Cheap Renters Insurance Quotes in Your Area
Compared to other companies of its size, State Farm remains affordable. Farmers renters insurance stays marginally cheaper than State Farm until your policy reaches $40,000 in personal property coverage.
When pitted against online-only insurer Lemonade, State Farm is still attractive under certain circumstances. For renters that want to insure under $40,000 of property, Lemonade is the cheaper option. However, renters with more belongings may want State Farm since its prices undercut Lemonade's at coverage limits of $40,000.
State Farm renters insurance coverage
The coverage that comes with a State Farm renters insurance policy resembles the protection most other companies provide. State Farm's financial resources allow it to provide attentive service and a positive customer experience for all of its insurance products, including renters insurance.
What's covered by a State Farm policy?
|Personal property||Provides coverage for the value of items that you own, determined by the limit you decide.|
|Personal liability||If someone is injured on your property or suffers property damage and holds you responsible, your personal liability would cover litigation and repairs, even if you were at fault.|
|Medical payments to others||This provision pays for the medical bills of others if they're injured on your property.|
|Loss of use||This coverage supplies you with living expenses if your home is temporarily rendered uninhabitable.|
State Farm's online renters insurance form makes it easy to retrieve and customize quotes. The website even performs favorably compared to that of Lemonade — an online-only retailer that is well-known for its streamlined buying interface. We were able to pull several quotes from State Farm in under 10 minutes.
Once you input your contact information and address, all you have to do before you can personalize your coverage is answer whether your home has dead bolts, fire alarms and burglar alarms, and declare whether you've had to make any insurance claims in the past.
Before you finalize your purchase, you can adjust the limits of your policy if you aren't satisfied with the price you're shown. You can also elect to add a couple of endorsements. You can supplement your renters insurance with the following add-ons:
- Extra coverage: Like other insurance policies, State Farm's renters coverage limits your coverage for damage to fine and high-priced items. For instance, a default policy comes with only $1,000 of coverage for any jewelry and furs you might own. Fortunately, if you're someone who has a lot of expensive items, like jewels, State Farm allows you to raise your limits for them, as well as for things like silverware, business personal property and firearms.
- Identity restoration: For $25 per year, State Farm's identity restoration endorsement comes with case management and expense reimbursement in case your personal information is stolen. If thieves hijack your identity and use it to commit theft or fraud, State Farm could reimburse you for up to $25,000 to cover the costs associated with recovering your identity and settling any litigation. You may also receive $15,000 if you're a victim of ransomware. Additionally, you will receive credit monitoring before theft happens, to reduce the chances your information ever gets compromised.
- Earthquake insurance: If you live in an area of the country that experiences earthquakes, like the West Coast or Missouri, an endorsement that will protect you from those perils might be beneficial. Insurance policies usually don't provide coverage for movements of the earth, including sinkholes, landslides and earthquakes.
State Farm customer service and ratings
Customers can expect better-than-average customer service with State Farm. In both shopping experience and claims satisfaction, State Farm has had slightly better reviews than its competitors. Another good indication of the quality of State Farm's customer service is that it received very few complaints relative to its size.
State Farm customers do not need to worry about whether their insurance company will have enough funds to pay insurance claims. State Farm has received an A++ rating from AM Best for its financial strength, which is the highest possible rating that an insurer can receive. Note that this does not mean that State Farm is more likely to approve a claim, just that it has the funds necessary to pay claims.
Frequently asked questions
How much is State Farm car insurance?
We found that the cost of State Farm car insurance is $3,725 per year for a 20-year-old male, and $5,196 per year for a 20-year-old female.
Why is State Farm so cheap?
State Farm focuses on giving low prices to good drivers, allowing it to keep its costs down. If you have an imperfect driving history or poor credit, you're more likely to find better rates elsewhere.
Where is State Farm available?
State Farm has insurance customers nationwide, though it doesn't sell all types of insurance everywhere. For example, it no longer sells car insurance in Massachusetts.
What rating does State Farm have?
We gave State Farm an overall rating of 3.5/5. It has good rates for good drivers and a useful website, but you can likely find cheaper rates elsewhere.
To compare the costs of State Farm's auto, homeowners and renters insurance policies, we used sample profiles based on typical customers.
Auto insurance methodology
For our auto insurance review, we used this for our sample profile:
The car insured was a 2017 Honda Civic EX 4DR SED with 10,000 miles per year. The driver in each case lived in Sylmar, California.
- $50,000 liability for injuries per person
- $100,000 liability for injuries per crash
- $50,000 liability for property damage
- Collision and comprehensive coverage with a $500 deductible
Home insurance methodology
For our homeowners insurance review, we collected quotes for $150,000, $200,000 and $350,000 of dwelling coverage. Our sample policyholder:
- Lived in a 10-year-old house in Dallas County, Texas
- Was claim-free for five years
- Was born in 1978
- Had good credit
Renters insurance methodology
We collected renters insurance quotes with $10,000, $20,000, $30,000 and $40,000 of personal property protection from the websites of State Farm, Farmers and Lemonade. Our sample profile was a 25-year-old female with no roommates, living in New York City. Our customer shopped for $100,000 of personal liability coverage along with her personal property protection, and she opted for a $500 deductible.
Our sample customer's apartment had:
- Dead bolts
- A fire extinguisher
- No sprinkler system
- A local smoke alarm
- No burglar alarm
- No claims history
- No previous provider