State Farm is America’s largest auto insurance provider, offering up countless types of insurance, services, and adaptable policies.
State Farm is the insurer of choice for thousands of Americans, but how do you know if they are the best option for you?
If you are interested in learning more about State Farm car insurance quotes and what they mean, you have come to the right place. Keep reading to find out more.
What is State Farm Insurance?
State Farm is easily recognizable by its iconic slogan, “Like a good neighbor, State Farm is there” (sorry if we got that stuck in your head). Living up to their jingle, State Farm car insurance has indeed “been there” for almost a hundred years.
The company was founded in 1922 out of modest roots when a farmer named George Jacob Mercherle started selling car insurance to earn a reliable source of income. The company took off from there and by the 1940s it was already a giant in the American car insurance industry.
These days, State Farm has expanded well beyond car insurance quotes to offer a full range of insurance services but continues to dominate the American car insurance marketplace, holding the top place as the country’s largest private passenger auto insurer.
State Farm pros and cons
- Lots of discounts and plenty of opportunities to save money on your policy
- Superior travel and rental car packages
- Easy claim filing process and good customer service
- Not a great option for drivers with a bad credit score
- They tend to get more complaints than the average company of their size
What types of car insurance does State Farm offer?
Auto liability policies are designed to protect you up to your policy’s limit should you be found at-fault in a car accident.
Basic liability insurance covers the expenses associated with the accident for the other party involved.
Liability coverage is legally required in most states. There are two types of liability coverage: bodily injury liability coverage and property damage liability coverage. To make sure you have adequate coverage, it’s generally a good idea to purchase both.
Collision coverage is an auto insurance coverage option that goes beyond standard insurance in protecting you in the event your vehicle should collide with another object.
A State Farm collision coverage policy will protect you in the following situations:
- A single-car accident or rollover in your vehicle
- A collision with another vehicle
- A collision with an object like a tree or structure
- A collision with some kind of obstruction on the roadway, like a fallen tree
Take note that State Farm’s collision policy will also protect you when driving a newly acquired, borrowed, or temporary substitution vehicle as well.
State Farm’s comprehensive coverage plan will protect you should something happen to your vehicle that isn’t covered by a collision policy. This could include situations like your vehicle being stolen or vandalized, or damage caused by floods or fire — to name a few examples.
Uninsured/Underinsured Motorist Coverage
Both uninsured and underinsured motorist coverage is designed to protect you should you find yourself in an accident with an at-fault driver who doesn’t have sufficient liability coverage.
This type of insurance is legally required in a large handful of states so make sure you have the coverage you need.
Medical Payments Coverage
State Farm’s Medical Payment Coverage is an optional add-on that will help cover the costs of any medical or funeral expenses for you, your family members, or your passengers regardless of who is found at fault.
While basic liability coverage only applies to the other party, medical payment coverage will ensure that your medical expenses are also taken care of up to your policy’s limit.
Optional insurance coverage options
Rental Reimbursement Coverage
This policy add-on will help cover the cost of a rental vehicle should your car be rendered not drivable or in need of repairs following an approved State Farm policy claim.
Antique or Collector Coverage
Collector car insurance is designed to cover the increased expenses that could be associated with damage or loss of a collector car.
State Farm limits their policy eligibility to the following criteria:
- To qualify as a classic car, the vehicle must have historic interest and be 10 - 24 years old.
- To qualify as an antique car, the vehicle must have historic interest and be more than 25 years old.
Use limitations, restoration conditions, and storage requirements also apply, so be sure that you are willing to abide by the policy requirements before purchasing a policy for your classic model.
If you work for a Transportation Network Company like Lyft or Uber, Statefarm offers coverage to protect you during the gap periods when your company insurance leaves you vulnerable.
This add-on insurance can also help lower your deductible if you are involved in an accident while on the job. The State Farm Rideshare Coverage plan is available in most states, including some states that other major providers don’t cover with this type of insurance.
Depending on your policy options, State Farm might cover windshield and glass repairs.
Select Repair Services
State Farm clients can choose and authorize their own auto repairs on a valid policy claim by selecting from a list of approved providers.
Emergency Lockout Coverage
If you are subscribed to a State Farm Roadside Assistance plan, you can enjoy emergency lockout services up to your policy limit.
Emergency Roadside Service
State Farm offers 24/7 emergency roadside assistance regardless of whether or not you are a current client or subscribed to the service via a policy add-on.
If you choose to include an emergency roadside service add-on to your State Farm auto insurance policy, State Farm will cover the service costs up to your policy limit, but you will have to pay-out-of-pocket for replacement items.
If you aren’t subscribed to an emergency roadside service policy, you will be billed by State Farm at a competitive rate if you choose to use their emergency roadside service when the need arises.
Car Rental and Travel Expenses Coverage
State Farm offers a unique car rental and travel expense coverage package as an optional add-on to their collision and comprehensive packages.
Car rental reimbursement insurance will cover you up to your policy limit if you need to take out a rental car after claiming for repairs on your State Farm policy.
Travel expenses coverage is a unique feature offered by State Farm, that will take care of the cost of meals, lodging, and transportation up to your policy limit, should you find yourself stranded by a claimable incident more than 50 miles away from your home.
State Farm’s auto insurance discounts
State Farm offers an ample variety of discounts that could save you anywhere from 5 - 80 % of your policy package, so be sure to find out if you might qualify when considering your State farm car insurance quotes.
- Good Credit Discount
- Passive restraint discount
- New car discount
- Driving habits discount
- Good student discount
- Good driver discount
- Anti-lock brake discount
- Multiple vehicle discount
- Multiple policy discount
- teenSMART discount
- Anti-theft device discount
- Accident-free discount
- Low mileage discount
- Defensive driver discount
How much does State Farm car insurance cost?
The average annual national cost for a State Farm car insurance policy is around $1,234. But their insurance rates can fluctuate drastically depending on the type of vehicle you drive, your location, your driving record, your age, and the type of tailored options you add to your policy.
One of the first things to consider is how much coverage you actually want to have. If you opt for low coverage options, you can expect to pay about $1,143.10 a year, while a high-coverage plan will cost about $1,325.66 a year.
An important thing to note is that your credit score is likely to play a major role in deciding how much you will pay for your State Farm policy.
Those with good credit can expect to pay about $1,231.37 a year, but if your credit score is bad your annual policy price could more than double to a whopping $2,744.71 a year. Needless to say, State Farm is not a popular pick for those with a less-than-ideal credit history.
The best way to get a good idea of what you can expect to pay for the coverage you want is to use Jerry.ai to assess your needs and generate a hassle-free car insurance quote online.
State Farm vs. other insurance companies
Here’s how State Farm stacks up to two of their major competitors, Allstate and Geico, in terms of car insurance quotes and service.
State Farm vs. Allstate
State Farm insurance policies tend to be largely more affordable than Allstate car insurance offerings. This could be partially attributed to the fact that State Farm is a privately-owned mutual company. Basically, if you buy into a State Farm policy, you also become a partial owner of the company. So it is going to be in the owners’ best interest to keep those rates low.
By contrast, Allstate is a corporate entity that is owned by shareholders that have an interest in reigning in more profits, hence the higher price points on their policies. To sum it up, State Farm is probably your best bet if you are looking for an affordable policy option but still want to stick with a trusted major provider.
State Farm vs. Geico
Despite State Farms mutually owned status, Geico wins out in terms of price offerings for most categories. That being said, the difference in price is usually pretty insignificant.
If you have an imperfect driving record or DUI, State Farm might be a better choice for you than Geico. However, if you have a low credit rating, Geico offers much more affordable package prices. There is a good chance you could save almost $1000 a year by choosing Geico over State Farm.
Basically, State Farm and Geico both offer competitive pricing options compared to most larger car insurance companies, so be sure to take time to compare some car insurance quotes online before making your pick.
How to get a State Farm car insurance quote
There are a lot of ways to get a State Farm insurance quote, but using their online tool to drum up free car insurance quotes is the most simple way to go. If you have questions or prefer to speak to a State Farm agent, you can always call them up or visit a local branch as well.
Keep in mind that none of the above methods let you compare options and price points offered up by different providers. The easiest and most effective way to find a policy that fits is to take advantage of Jerry’s powerful insurance management tools to find the quote that works for you. It will handle the paperwork and even contact the company on your behalf.
How do customers rate State Farm auto insurance?
According to the 2018 J.D. Power Associates U.S. Auto Insurance Satisfaction Study, State Farm customers report average almost across the board.
- Claim Servicing
- First Notice of Loss
- Overall Satisfaction
- Rental Experience
- Repair Process
According to the same survey, customers tend to rate Allstate service as better than average in the Estimation Process category.
The 2018 U.S Auto Insurance Shopping Study reports that Allstate comes in as about average in all of the following categories.
- Call Center Representative
- Insurer Website
- Local Agent
- Overall Satisfaction
- Policy Offerings
If you live in the Southwest, New England, or North Central areas of the country, you might be particularly inclined to consider a State Farm car insurance policy since JD Power and Associates has awarded ranks it as better than most in these states for 2020.
State Farm’s services and features
State Farm Drive Safe & Save™ Discounts
The State Farm State Farm Drive Safe & Save™ program is an optional feature that could help you save up to 30% on your policy for maintaining safe driving habits.
When you sign up for the program via the mobile app or OnStar service, you agree to have your real-time driving habits monitored and used to calculate your policy price.
The Steer Clear Driver Program
The Steer Clear Driver Program is a targeted mobile driver training program geared at teaching young drivers safe driving habits.
If you fulfill the following requirements, you could be eligible for a policy discount:
- You are under the age of 25
- You hold a valid driver’s license
- You have had no at-fault accidents or moving violations for at least three years previous
- You successfully complete all the program requirements
The State Farm Pocket Agent Mobile App
If you are looking for a convenient place to access State Farm insurance information and roadside assistance, file and manage your claims, upload photos and documents, and connect with an agent, State Farm boasts an award-winning mobile app that will help you efficiently manage your policy.
How to file a claim with State Farm
State Farm has easy and convenient online and mobile claim filing systems, but you can also call or visit an agent in person as well.
Once you begin the claims process, you will receive a claim number that you will need to keep handy throughout the course of the claims investigation process.
In order to ensure the claim filing process goes as smoothly as possible, be prepared to provide the following information.
- The location, date, and time of the accident
- The names, addresses, phone numbers, and insurance policy numbers of anybody else involved
- A summary of the weather conditions
- Photo evidence of the accident scene and damage
- Any relevant copies of the police and/or accident reports
Keep in mind, using the mobile app will make it easier to upload any relevant data quickly and efficiently.
Once the claim is filed, it’s a good idea to review your policy so you have an idea of what to expect with regard to your particular coverage. Once your claim is approved, you can proceed with the repairs and secure a replacement vehicle (if it is part of your coverage plan).
As the country’s largest insurance provider, you can probably count on your preferred payment method being accepted by State Farm. Here is a list of ways you can pay for your policy:
- Automatic online payments
- Bank payments/direct deposit
- Credit card payments
- Debit card payments
- Electronic checks
- Mail payments
- Mobile app payments
- Online payments
- Phone payments
- In-person payments
- Pay through your agent
State Farm’s car insurance cancellation policy
State Farm offers three options for canceling your insurance policy. You will have to speak with a State Farm insurance agent directly, either in-person or over the phone. And you can also choose to cancel by mail.
Note that canceling online or via your mobile app is not an option.
Be prepared to provide the following information:
- The bill of sale or other proof of forfeiture of ownership for your vehicle
- The effective policy cancellation date
- Information on your new policy or provider
The Takeaway: is State Farm right for me?
As the country’s largest insurance provider, State Farms offers a full range of unique policy options, discounts, and bundles that smaller providers can’t offer.
Since State Farm is privately owned by its policyholders, it’s a great choice for anybody looking for an alternative solution to corporate providers or as a consistently affordable insurance solution.
Keeping that in mind, a State Farm policy becomes significantly less affordable if you don’t have a good credit score and most of the services they offer are rated average in terms of customer satisfaction.
There are a lot of things to consider when choosing your car insurance provider and the best way to determine if a policy is right for you is to take advantage of Jerry.ai’s powerful technology to generate free car insurance quotes.
Once you make your choice, Jerry will even take care of the phone calls, paperwork, and renewals. Why do all that extra legwork when you don’t have to? Come check us out at Jerry.ai today to learn more.