State Farm Car and Home Insurance Review
- Cheap car, home and renters insurance rates
- Many car insurance discounts
- Good customer ratings for car insurance
- Great app and website
- Expensive car insurance with bad credit or DUI
- No gap insurance or accident forgiveness
- Few home and renters discounts
- Average customer ratings for home insurance
Is State Farm a good company?
State Farm is great if you’re looking for affordable insurance from one of the largest insurance companies in the U.S. Its car, home and renters insurance rates are among the cheapest available.
State Farm also offers a good selection of coverage and discount options, though not as many as some other top insurance companies.
Customers seem happy with State Farm, too. This is based on the company’s J.D. Power
In LendingTree’s review of insurance companies, State Farm received a rating of 4.5 out of 5.0 for auto insurance and 4.2 out of 5.0 for home insurance.
State Farm customer service ratings
| Rating | State Farm’s score | Allstate | Farmers | Progressive | Industry average |
|---|---|---|---|---|---|
| Auto satisfaction* | 650 (Average) | 635 | 622 | 621 | 640 |
| Home satisfaction* | 657 (Good) | 633 | 631 | 627 | 642 |
| Renters satisfaction* | 685 (Good) | 638 | 648 | 648 | 668 |
| Auto complaints** | 0.84 (Average) | 0.7 | 1.32 | 0.61 | 1.0 |
| Home complaints** | 1.22 (Below average) | 1.07 | 0.91 | 1.73 | 1.0 |
How much is State Farm car insurance?
Car insurance from State Farm costs $144 a month, on average, if you buy full coverage. If you buy only liability coverage from State Farm, the average cost is about $56 a month.
These average rates make State Farm the cheapest car insurance company that serves all customers nationwide.
State Farm’s average liability insurance rate is 18% cheaper than the national average of $68 a month. Its average rate for full coverage insurance is 19% cheaper than the national average of $177 a month.
State Farm car insurance rates vs. other top companies
| Company | Liability only | Full coverage | LendingTree score | |
|---|---|---|---|---|
| State Farm | $56 | $144 |  |
 | Progressive | $69 | $160 |  |
 | Geico | $65 | $173 |  |
 | Nationwide | $76 | $190 |  |
 | Allstate | $104 | $248 | |
 | Farmers | $101 | $258 | |
 | USAA* | $39 | $125 | |
How much is State Farm for drivers with a ticket, accident or DUI?
Among top insurers, State Farm has the cheapest car insurance for most drivers with a speeding ticket or at-fault accident on their records.
However, its rates for drivers with a DUI (driving under the influence) conviction are among the highest for nationwide companies.
- If you have a speeding ticket on your record, State Farm car insurance costs about $156 a month.
- Drivers with an at-fault accident on their records pay $163 a month for car insurance from State Farm.
- State Farm’s average rate for drivers with a DUI is $343 a month.
Insurance rates for drivers with a prior incident
| Prior incident | State Farm’s average monthly rate | U.S. average monthly rate |
|---|---|---|
| Speeding ticket | $156 | $219 |
| At-fault accident | $163 | $263 |
| DUI | $343 | $329 |
How much is State Farm for drivers with bad credit?
Drivers with bad credit pay $593 a month for car insurance from State Farm, on average. This is 72% more than the national average of $345 a month.
State Farm has the highest car insurance rates for drivers with bad credit among large car insurance companies available nationwide.
State Farm’s rates for drivers with bad credit
| Company | Average monthly rate |
|---|---|
| State Farm | $593 |
| U.S. average | $345 |
How much is State Farm insurance for teens?
State Farm car insurance for teen drivers costs around $168 a month for liability coverage. Teens pay an average of $396 a month for full coverage car insurance with State Farm.
These make State Farm the cheapest large car insurance company for most teen drivers, for both liability and full coverage.
State Farm’s average liability car insurance rate for 18-year-olds is 19% lower than the national average. The company’s average full coverage rate for 18-year-olds is 20% lower than the national average.
State Farm’s car insurance rates for 18-year-olds
| Type of policy | State Farm’s average monthly rate | U.S. average monthly rate |
|---|---|---|
| Liability | $168 | $208 |
| Full coverage | $396 | $497 |
What car insurance discounts does State Farm offer?
State Farm has several car insurance discounts that can help you save money. This includes discounts for airbags, insuring more than one vehicle and paying for your policy in full.
However, State Farm doesn’t offer some discounts that its competitors do, like discounts for automatic payments, new vehicles and going paperless.
State Farm car insurance discounts vs. other top companies
| Discount | State Farm | Allstate | Geico | Progressive |
|---|---|---|---|---|
| Airbags | ✅ | ✅ | ||
| Anti-theft | ✅ | ✅ | ✅ | |
| Auto-pay | ✅ | ✅ | ||
| Away at school | ✅ | ✅ | ||
| Bundling | ✅ | ✅ | ✅ | ✅ |
| Defensive driving | ✅ | ✅ | ||
| Good/safe driver | ✅ | ✅ | ✅ | ✅ |
| Good student | ✅ | ✅ | ✅ | ✅ |
| New vehicle | ✅ | ✅ | ||
| Multi-vehicle | ✅ | ✅ | ✅ | |
| Paperless | ✅ | |||
| Pay in full | ✅ | ✅ | ✅ |
What does State Farm car insurance cover?
State Farm car insurance provides all of the usual coverage options, along with rideshare insurance and travel expense coverage.
A standard State Farm car insurance policy comes with these coverages:
- Liability
- Collision
- Comprehensive
- Uninsured motorist
- Medical payments and/or personal injury protection
State Farm also offers these additional car insurance coverage options:
- Rideshare insurance for drivers who use a personal vehicle for rideshare companies like Uber and Lyft
- Travel expense coverage for vehicles damaged more than 50 miles from home
- Unlike many other car insurance companies, State Farm doesn’t offer accident forgiveness, gap insurance or mechanical breakdown coverage
How much is State Farm homeowners insurance?
State Farm home insurance costs $2,427 a year, or $202 a month, on average. This is 13% cheaper than the national average of $2,801 a year, or $233 a month.
State Farm has the cheapest home insurance rates among national companies.
State Farm home insurance rates vs. other top companies
| Company | Annual rate | Monthly rate | LendingTree score |
|---|---|---|---|
| State Farm | $2,427 | $202 | |
| Allstate | $2,560 | $213 | |
| Progressive | $2,648 | $221 | |
| Nationwide | $3,055 | $255 | |
| Travelers | $3,149 | $262 | |
| Farmers | $3,801 | $317 | |
| USAA* | $2,507 | $209 | |
What you pay for home insurance depends on several factors, including:
- How much coverage you need
- Which deductible you choose
- Your home’s age
- Where your home is located
- Your insurance and claims history
To get the cheapest rate for the coverage you need, compare home insurance quotes from several companies before buying a policy.
What home insurance discounts does State Farm offer?
State Farm offers home insurance discounts for getting more than one kind of policy from them and for having some protective devices.
It doesn’t offer a discount for buying a new or newer home, like many competitors do.
State Farm home insurance discounts vs. other top companies
| Discount | State Farm | Allstate | Farmers | Progressive |
|---|---|---|---|---|
| Auto pay | ✅ | |||
| Bundling | ✅ | ✅ | ✅ | ✅ |
| Claim-free | ✅ | ✅ | ||
| Home security | ✅ | ✅ | ✅ | ✅ |
| Loyalty | ✅ | |||
| New home | ✅ | ✅ | ✅ | |
| Roofing | ✅ | ✅ | ||
| Wind mitigation | ✅ | ✅ | ✅ |
What does State Farm home insurance cover?
State Farm offers all of the usual home insurance coverage and upgrade options.
Its standard home insurance policies include liability and guest medical coverage. They also include loss of use, which covers temporary living expenses after a covered disaster.
With State Farm, you can upgrade your home insurance policy to include replacement cost coverage for your belongings. This means you’ll get higher payouts for stolen or damaged items.
How much is State Farm renters insurance?
Renters insurance from State Farm costs $11 a month, or $132 a year, on average.
That’s 39% less than the national average of $18 a month. It’s also the cheapest renters insurance rate of the companies we surveyed.
State Farm renters insurance rates vs. other top companies
| Company | Monthly rate |
|---|---|
| State Farm | $11 |
| Lemonade | $12 |
| Allstate | $17 |
| Amica | $17 |
| Progressive | $20 |
| Assurant | $22 |
| Farmers | $23 |
| American Family | $27 |
What renters insurance discounts does State Farm offer?
State Farm’s main renters insurance discounts are for bundling more than one policy with the company and having safety devices like smoke detectors, burglar alarms and home monitoring systems.
Some of State Farm’s competitors offer renters discounts that State Farm doesn’t, like discounts for living in a gated community or being over a certain age.
Renters insurance discounts by company
| Discount | State Farm | Allstate | Farmers | Lemonade | Progressive |
|---|---|---|---|---|---|
| Advance quote | ✅ | ||||
| Bundling | ✅ | ✅ | ✅ | ✅ | ✅ |
| Gated complex | ✅ | ||||
| Mature renter | ✅ | ||||
| Paperless | ✅ | ||||
| Security devices | ✅ | ✅ | ✅ |
What does State Farm renters insurance cover?
State Farm’s standard renters insurance policy covers your belongings, additional living expenses, personal liability and medical payments to others who are injured on your property.
You can also buy add-on coverage for a State Farm renters insurance policy, including:
- Pet medical insurance
- Personal liability umbrella coverage
- Identity restoration coverage
- Earthquake insurance
State Farm vs. other insurance companies
State Farm is usually better than Geico and Progressive for car insurance. However, Progressive often has the cheapest DUI insurance of these three companies.
For home insurance, State Farm also tops Progressive and Geico. But Progressive’s discounts could make it your cheapest option if you can get a few of them.
State Farm vs. Progressive
State Farm has cheaper auto insurance than Progressive for most drivers, though Progressive is usually cheaper for drivers with a DUI on their records.
State Farm also has cheaper home insurance than Progressive, on average. However, Progressive has more discounts that could make its home insurance rates more affordable.
Progressive is better than State Farm if you need gap coverage or accident forgiveness. Progressive offers a few more home insurance coverage options than State Farm, too.
State Farm vs. Geico
Between State Farm and Geico, State Farm usually has the cheaper car insurance quotes. However, Geico is often a better option for military members and federal employees.
State Farm also has better scores for customer and claims satisfaction from J.D. Power. But Geico has a slightly better complaint rating from the National Association of Insurance Commissioners (NAIC).
Unlike State Farm, Geico doesn’t offer home insurance directly. Instead, it connects people to third-party partners who underwrite and service these policies.
Methodology
How we obtained insurance rates
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of auto and home insurance quotes. Renters insurance rates were evaluated separately.
Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2018 Honda CR-V EX.
Car insurance coverage limits
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $50,000
- Uninsured / underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Medical payments: $1,000
- Collision: $500 deductible
- Comprehensive: $500 deductible
Homeowners insurance coverage limits
Homeowners insurance rates are based on policies with the following coverage and deductible amounts:
- Dwelling coverage: $400,000
- Other structures: $40,000
- Personal property: $200,000
- Personal liability: $100,000
- Medical payments: $5,000
- Deductible: $1,000
Renters insurance coverage limits
Renters insurance rates are based on policies with the following coverage and deductible amounts:
- Personal property coverage: $20,000
- Deductible: $500
- Personal liability: $100,000
- Guest medical protection: $1,000
- Loss of use: $9,000
How we evaluated insurance companies
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included Complaint Index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.
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*USAA is only available to current and former members of the military as well as certain family members.