State Farm vs Safeco: Which is Better for You?

State Farm vs Safeco: Which company is best for you?

State Farm and Safeco each provide many different types of insurance coverage sufficient for the needs of most customers. However, each company has its strengths and weaknesses. To aid in your search for a new insurance policy, see how these two insurers compare in our in-depth comparison.

State Farm car insurance

Safeco car insurance

State Farm vs. Safeco: car insurance rate comparison

In an effort to simplify the insurance-shopping process, we've collected average insurance rates from Safeco and State Farm. These take into account a number of rating factors, including credit, driving history, and age. Check out the below rates and find an affordable policy today.

State Farm vs. Safeco: pricing by credit score

If you have very poor credit, State Farm could be a better option for you. On average, State Farm offers lower rates than Safeco for drivers with credit scores of 579 or less. Those with exceptional credit — a score of 800-plus — should consider State Farm, which typically beats Safeco by $395 annually. View common insurance rates by credit level for Safeco and State Farm. 

CREDIT SCORE INSURANCE RATE COMPARISON: SAFECO VS. STATE FARM

State Farm vs. Safeco: rates for high-risk drivers

If you are saddled with an at-fault collision or ticket, State Farm could be the better choice than Safeco. However, a reckless driving or DUI charge costs less at Safeco. Every car insurance company has different post-violation pricing structures, so don't be afraid to shop around to figure out which insurance company suits you.

RATES BY VIOLATION: SAFECO VS. STATE FARM

State Farm vs. Safeco: rates by age bracket

Auto insurance companies rely on a driver's age to outline risk potential, assigning rates accordingly. A car insurance policy is typically expensive for drivers younger than 25 — due to their inexperience — and more affordable for older drivers. Because every auto insurance company rates age brackets uniquely, it's worth shopping around and finding the best rate for you.

As a general rule, teen drivers should choose State Farn over Safeco: the former's average annual rates are $1,945 less.

COMPARING AUTO INSURANCE RATES BY AGE: SAFECO VS. STATE FARM

Affordability aside, State Farm and Safeco each have pros and cons, including their discounts, perks, customer satisfaction ratings, and financial stability. Be sure to shop around before settling on an option.

Ratings comparison: State Farm vs. Safeco

When comparing car insurance companies, don't just look at rates. You'll want a carrier with a good reputation for customer service that handles claims fairly and efficiently. To aid in your search, we've put together ratings from many trusted third-party sources to help you get a better sense of how customers view both State Farm and Safeco.

The Zebra's Customer Satisfaction Survey

To get a better sense of how customers viewed the level of service they received from their insurance companies, The Zebra conducted a survey covering a wide range of topics. Safeco did not meet the criteria to be included in this survey, but you can see how customers viewed their experiences with State Farm below.

State Farm vs. Safeco: discount comparison

If you are looking to save money on your premiums, it's important to consider each insurer's auto insurance discount selection. Compare discount options from State Farm and Safeco below.

Both companies offer a wide selection of discounts, so both are worth exploring. In general, Safeco has a number of discounts aimed at younger drivers, including those for young drivers who become newly independent and continue coverage through Safeco.

Telematics options: State Farm vs. Safeco

Telematics programs offer drivers the chance to get more accurate risk assessments, and potentially cheaper rates, by having their driving habits tracked by their insurer. Both State Farm and Safeco offer telematics options, which you can compare below.

Roadside assistance: State Farm vs. Safeco

Those who find themselves on the side of the road after a breakdown quickly realize the importance of roadside assistance programs. Take a look at the different options provided by State Farm and Safeco below.

State Farm vs. Safeco: home insurance

State Farm and Safeco each offer homeowners insurance options that can be paired with your auto insurance or purchased on their own. Safeco does not offer particularly robust homeowners insurance coverage options, but State Farm is a big player in the home insurance space. Still, most customers will likely find each company's coverage options suitable for most needs. Compare ratings for each company below.

State Farm homeowners insurance review

Safeco homeowners review

State Farm vs. Safeco: home insurance rate comparison

Homeowners insurance rates can vary widely depending on the location of the home, the claims history of the homeowner and the insurer. State Farm's average yearly home insurance rate is $1,356, coming out to roughly $113 per month. Safeco is marginally cheaper at $108 per month.

Remember that while cost is an important factor when shopping for homeowners insurance, it's most important to have the right policy from a trustworthy insurer. 

State Farm vs. Safeco: homeowners discount comparison

As with car insurance, home insurance discounts can be a great way for eligible policyholders to enjoy additional savings. While both State Farm and Safeco offer homeowners discounts, neither are particularly wide-ranging. Still, as the companies tend to have more affordable rates in general, this may be less of a drawback than with other insurers. See how these discounts compare below.

Other insurance products and bundling options

State Farm and Safeco each provide a number of additional insurance lines that customers may couple with their home or auto policies. Bundling such policies can be a great way to streamline your insurance policies and possibly find savings. Have a look at the extra insurance lines provided by each company below.

Safeco also offers a number of additional coverages such as identity theft protection. State Farm is also a major carrier for many types of commercial insurance, for both automobiles and small businesses, as well as health and disability insurance. For those who use their vehicles for commercial purposes (delivery or rideshare drivers), State Farm could be a better option.