State Farm Insurance Review
- With 4.6/5 stars in 2024, State Farm is a very good insurance company.
- Read State Farm reviews, complaints and prices before you buy.
State Farm insurance: Ratings and reviews
State Farm dominates in the auto insurance space with a market share of 16%. The insurance company's coverage spans the U.S. Those who prefer a more personal experience can easily get in contact with State Farm's network of agents. This popular insurance company also boasts good ratings from reputable third parties, with positive assessments of its customer satisfaction and financial outlook. Let’s explore what makes this insurance carrier so popular, as well as some common coverage options and discounts.
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Local agents nationally available
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Cheaper car insurance premiums
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Ranked 3rd overall in The Zebra's Customer Satisfaction Survey for car insurance
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More expensive home insurance rates
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Less custom coverage options
Is State Farm a good insurance company?
A large part of The Zebra's review score incorporates how well State Farm is rated in terms of customer service. In order to determine that we looked at the following third-party ratings.
Claims Satisfaction: Above average
- State Farm earned Above average marks in J.D. Power's most recent auto claims satisfaction study[1]
Customer Satisfaction: Above average
- J.D. Power also rated State Farm as Above average in overall auto customer satisfaction[2]
Complaint Index: Below average
- The National Association of Insurance Commissioners (NAIC) receives Below average customer complaints for State Farm[3]
Financial Strength: Superior
- State Farm received an Superior financial strength rating from A.M. Best for its ability to pay out claims[4]
The Zebra Customer Satisfaction Survey
In addition to third-party ratings, we also incorporated the results from our own consumer survey where we ranked which car insurance companies are the best based on feedback from real customers. In this survey, State Farm scored 8.71/10 overall. Below you can see where State Farm ranked for some of the individual categories.
8.71/10 – State Farm ranked 5th for best overall auto insurance company.
8.97/10 – State Farm took 1st place in the ease of interaction category.Â
8.91/10 – State Farm took 4th place for customer service.Â
State Farm vs. other top insurance companies
How much does State Farm insurance cost?
Currently, the national average for a 6 month car insurance policy is $880, whereas State Farm is about $785 or roughly 11% cheaper than a typical policy, so this carrier is worth checking out as it may be among the cheapest auto insurance options available.
The table below shows how State Farm auto insurance compares against other top insurers.
| Company | Avg. Monthly Premium |
|---|---|
| State Farm | $131 |
| Allstate | $201 |
| American Family | $131 |
| Farmers | $149 |
| GEICO | $129 |
| Nationwide | $123 |
| Progressive | $157 |
| Travelers | $112 |
| USAA | $114 |
Similar to any insurance company, pricing for State Farm auto insurance does vary based on your age and generally will get cheaper the older you get. State Farm does offer the Steer Clear program to teens and young drivers as a way to lower insurance rates by using a combination of app-based telematics and driving education.Â
The table below shows State Farm's car insurance premiums for different age brackets.Â
| Age Group | Avg. Monthly Premium |
|---|---|
| Teens | $431 |
| 20s | $184 |
| 30s | $133 |
| 40s | $131 |
| 50s | $125 |
| 60s | $121 |
The Zebra’s Dynamic Insurance Rating Tool data methodology
The Zebra’s Dynamic Insurance Rating Tool for home and auto insurance rates utilizes the latest ZIP code-level rate filings from across the U.S., sourced from Quadrant Information Services and S&P Global. These filings, typically updated annually or biennially by insurers, are verified through Quadrant’s QA process and then integrated into The Zebra’s estimator.
The displayed rates are based on a dynamic home and auto profile designed to reflect the content of the page. This profile is tailored to match specific factors such as age, location, and coverage level, which are adjusted based on the page content to show how these variables can impact premiums.
For a comprehensive understanding, see our detailed methodology.
Discounts offered
Auto insurance discounts are dependent on certain qualifications and state availability. Below are some of the ways you can lower your monthly rate for State Farm.Â
- Multi-policy- State Farm claims a savings of 17% if auto insurance is bundled with homeowners, condo, renters or life.
- Multi-vehicle- Covering two or more vehicles with State Farm can lead to a multi-vehicle discount. While the amount of this discount may vary, State Farm advertises savings of up to 20%.
- Accident-free-Â If you've been a State Farm customer for three continuous, accident-free years, you may qualify for this discount. The longer you are insured by State Farm without an accident, the bigger your discount will be.
- Driver training-Â Those who are under age 21 and drive your vehicle regularly can take an approved driver education course to be eligible for this discount.
In addition to what's listed above, State Farm offers other driver-based discounts including good student and student away at school as well as some vehicle-specific discounts like passive restraint, anti-theft and newer vehicle safety. View all of State Farm's discounts here.Â
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What types of coverage does State Farm offer?
Another key component of State Farm's review is the types of coverage options they offer.
Standard coverages for liability, collision, comprehensive, uninsured/underinsured motorist and medical payments are provided by State Farm. Detailed below are some optional coverages that can be added to a State Farm auto policy.
- Bundling options - in addition to homeowners and renters policies, State Farm offers several other types of insurance that may be bundled together including boat, motorcycle, RV, condo, and even health insurance. View the full list of State Farm's products here.
- Roadside assistance - State Farm’s roadside assistance package pays for reasonable expenses if your vehicle breaks down. It covers up to one hour of the mechanical labor (at the breakdown site), towing to the nearest repair location, lockout services, and delivery of gas, oil, battery or change of tire.
- Rideshare coverage - This coverage will extend your car’s coverage while you’re driving for companies like Uber and Lyft. With State Farm’s rideshare coverage, all of your personal coverage transfers when you’re working — even your roadside assistance coverage.
- Rental car and travel expenses coverage - State Farm’s rental car coverage pays for a rental vehicle while your car is in the shop after a collision or comprehensive claim. Coverage for travel expenses covers your lodging, food, and transportation if you’re stranded after an accident more than 50 miles away from your home.
Read more about State Farm's coverages here.
State Farm Drive Safe & Save
Drive Safe & Save is State Farm’s usage-based insurance program. Drive Safe & Save utilizes a telematics device to track the way you drive and determine your premium. If you exhibit good driving habits, you can earn as much as 30% off your State Farm insurance premium.
Real-life customer experience
To help readers get even more insight into the State Farm customer experience, we reached out to The Zebra's employees to see who has used State Farm as their own personal carrier. Below is what some had to say.
Beth
Quick facts:
- Customer for 3 years
- Has auto, homeowners and life insurance through State Farm
- Has filed a homeowners claim
Q:Â Have you ever filed a claim? If so, how would you rate the experience?
A:Â I filed a claim recently after a storm made a mess on my rental home out-of-state. They were quick to handle the claim and get someone out to check on things, even with the whole city in chaos.
The only frustration was that after the contractor had gone to do the estimate on the roof, I had to call State Farm several times myself over the course of two weeks to actually find out what the estimate was. I was disappointed that the information sat in the system for two weeks and I hadn't been contacted when I was anxiously awaiting news about a possible roof replacement. So, all in all, I'd give an 8/10 on that particular claim.
Q:Â Have you ever considered using telematics through your company?
A:Â Yes, my partner and I both have Drive Safe and Save in our vehicles and get a discount from this.
Matthew
Quick facts:
- Customer since 2020
- Has filed a claim
- Also has home and life insurance through State Farm
Q:Â How do you feel about the coverage level they provide, your monthly premiums, and the overall level of customer service provided?Â
A: State Farm coverage feels adequate, but nothing amazing. Our premiums were great when we initially bundled, but prices have been increasing at every renewal to the point that we're ready to shop around before our next billing cycle. Their customer service, I will say, has been excellent.
Q:Â On a scale of 1 to 5 (five being the best), how would you score your experience with your carrier?
A: I would give State Farm a 3.
State Farm insurance review: Summary
In conclusion, State Farm's large presence in the insurance market affords it several positives: local agents are always available, discount opportunities are plentiful, and it boasts a long history of customer sattisfaction and financial stability. Rates remain about average and coverage is available nation wide. The Zebra believes State Farm is always worth checking out when shopping around for new auto insurance.
Methodology — how The Zebra reviews insurance companies
The team of insurance experts at The Zebra considers the company's standing in five main categories to come up with an overall rating. These metrics are weighted according to importance and are detailed below:
- Price (20%): Using the base profile detailed below, we compared the company's average rate with the national average. If it surpassed this average, we gave a lower rating; if it fell below, we awarded a higher rating.
- Coverage (20%): The highest-scoring companies offer a variety of coverage options, including bundling options, roadside assistance, telematics, beyond-basic coverage levels, and a variety of other coverage types.
- Customer service (30%): We averaged ratings from JD Power, the NAIC complaint index to come up with a rating for the company's customer service. In instances when a company is not rated, we may use alternative rating agencies such as the Better Business Bureau and Trust Pilot.
- Financial strength (10%): We use AM Best to determine a company's financial standing. In some cases when a company is not rated by AM Best, we may use an alternative measure such as Demotech.
- The Zebra's Customer Satisfaction Survey (20%): The Zebra conducts an annual survey measuring customer satisfaction for many of the top insurance companies with the goal of ranking both the best auto insurance companies and best home insurance companies. Read more below.
For our auto insurance review, we analyzed more than 83 million insurance rates spanning every U.S. ZIP code using a sample user profile: a 30-year-old single male driver with a Honda Accord, good credit and full coverage at these levels:
- $50,000 per person/$100,000 per incident for bodily injury liability
- $50,000 per incident for property damage liability
- $500 deductibles for collision and comprehensive coverage
For our home insurance review, rates are based on a sample user profile: a 45-year-old married homeowner living in a 2,500-square-foot single-story home built in 2011 with these coverage levels:
- $200,000 for the dwelling
- $20,000 for other structures
- $100,000 for personal property
- $100,000 for personal liability
- $1,000 deductible
These sample premiums are dynamic and automatically refresh whenever the newest data is made available.
To generate pricing for particular rating factors, we adjusted this profile based on common pricing factors used by major car insurance companies. These factors include credit score, coverage level and others.
For The Zebra's Customer Satisfaction Survey, findings are based on an online quantitative survey of 4,134 current U.S. auto and home insurance customers, with Census-balanced sampling by age, gender and region. Categories with n=<20 responses are considered insufficient sample size and are not reported. This survey was developed by The Zebra and executed by independent research firm Maru/Blue in 2023.
State Farm insurance: Frequently asked questions
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Customer Questions about State Farm
Other people are also asking...
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About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.