State Farm Insurance Commercial
StateFarm offers a comprehensive range
of insurance products at lower prices
than the competition.
The company also provides excellent
customer service and a variety
of auto insurance discounts,
including good student and good driver
discounts
State Farm is a wonderful choice for your
insurance needs in general, especially if
you are shopping for various plans.
Pro tips:
- Shoppers looking for low-cost options would appreciate this.
- People who require a variety of insurance
policies
- Customers that want to speak with a
real estate professional in their area.
- It’s bad news for homeowners and
renters who are shopping for insurance
add-ons
Our opinion on State Farm Insurance Commercial
State Farm offers a wide selection of insurance
alternatives to meet the needs of its consumers.
The company is well-known across the country; it is the leading auto
insurance company in 33 states and the largest
homes insurance company in 39.
State Farm offers a variety of services to its
consumers, including deposit accounts, loans,
investments, and several types of insurance,
such as motorcycle, boat, small business, life,
and health insurance.
State Farm offers a network of over 19,000 agents, so those looking for a personalized experience
with a local insurance agent are likely to find it.
This contrasts with some other large insurers,
such as Geico and Progressive, who have fewer
dedicated agents.
For those who want to handle their insurance
policy online, State Farm is a wonderful option.
Its smartphone app, which allows customers to
pay bills, make claims, and obtain roadside
assistance, has garnered favorable feedback.
Bottom line:
State Farm is a good option if you want
inexpensive prices and a one-stop shop for all of your insurance requirements.
State Farm car insurance Commercial
- Rates
- Coverages
- Discounts
State Farm auto insurance quotes
State Farm’s auto insurance rates are significantly less expensive than its competitors — 44% cheaper than average — based on the quotes we gathered. The company quoted $417 a year for minimum coverage and $1,045 for a full-coverage policy.
Annual State Farm Car insurance Comparison
|
Company
|
Minimum coverage
|
Full coverage
|
Accident
|
|
|---|---|---|---|---|
| State Farm | $417 | $1,045 | $1,131 | |
| Country Financial | $467 | $1,214 | $1,454 | |
| Geico | $1,025 | $2,578 | $3,162 | |
| Progressive | $1,088 | $2,306 | $2,718 |
Drivers who qualify for certain of State Farm’s incentives may be able to save even more money on their insurance.
Because prices vary substantially by region and driver, comparing vehicle insurance quotes is the easiest method to find the best deals.
Auto insurance coverages for State Farm commercial
All of the typical automobile insurance coverages are available from State Farm, including liability insurance, uninsured/underinsured motorist coverage, collision and comprehensive insurance, and personal injury protection.
It also includes a few useful policy add-ons like rental car and travel expense coverage, as well as ridesharing insurance.
|
Coverage
|
Description
|
(Action) Is it required?
|
|---|---|---|
| Liability insurance | Covers the cost of repairs or medical care if you cause damage or injury 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 damage to your car after 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 for you and your passengers, no matter who is at fault in an accident | Required in some states |
| Rental car and travel expenses coverage | Covers the cost of a rental car while yours is being repaired, and certain expenses if your car breaks down while you’re traveling | No |
| Emergency road service coverage | Covers towing, locksmith labor, delivery of gas, oil, a new battery or change of tire if your car breaks down | No |
| Rideshare driver 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 fees benefits.
While rental car insurance is a fairly common extra policy among insurers, State Farm’s coverage goes above and beyond by covering hotel, transportation, and meals if your vehicle breaks down while you’re on the road.
This coverage covers up to $500 in travel expenditures per occurrence.
To be eligible for travel expenses coverage, your car must be rendered undriveable due to an occurrence covered by your comprehensive or collision insurance.
Rideshare insurance benefits
If you work part-time or full-time for Uber or Lyft, you must get a separate rideshare insurance coverage.
State Farm offers rideshare insurance, which extends your personal automobile insurance policy’s coverages to protect you while you’re on the job.
Adding ridesharing coverage to your insurance policy often increases your premium by 15% to 20%.
Auto insurance discounts from State Farm insurance Commercial
Drivers looking for ways to save money on their auto insurance can find a range of options from State Farm, including two major discounts for safe drivers.
State Farm even offers a program called the Discount Double Check, which ensures that drivers receive all possible discounts.
|
Discount
|
How do you receive it?
|
|---|---|
| Accident-free discount | Have your vehicle continuously insured with State Farm for at least three years without having an at-fault accident |
| Defensive driving discount | Take a driver safety 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 driver discount | Go three years or more without an at-fault accident or moving violation |
| Student away at school discount | Have a student driver on your policy who attends school and only uses the vehicle on vacations and when they’re visiting home |
| Driver training discount | Drivers under the age of 21 may complete an approved driver’s education course |
| Vehicle safety | Your vehicle’s model year is 1994 or newer |
| Passive restraint | Have a 1993 or older vehicle that has air bags or other passive restraint equipment |
| Anti-theft | Your vehicle is equipped with an anti-theft device |
| Multi car discount | Have multiple cars insured with State Farm |
| Multi line discount | Purchase a home, renters, condo or life insurance policy with State Farm |
Steer Clear driver programdiscount.
This State Farm program is for people under the age of 25 who want to brush up on their driving skills.
Course training, practice driving, and coaching are all included in the Steer Clear program.
Your State Farm agent can assist you in completing the program, which you can do online or using your mobile app.
Except for California, Hawaii, Massachusetts, North Carolina, and Rhode Island, this program is offered in every state.
Drive Safe & Save discount.
Enrolling in the Drive Safe & Save program qualifies eligible drivers for an immediate discount on their auto insurance rates just for signing up.
This application tracks your driving behaviors using data from your vehicle’s OnStar system or the Drive Safe & Save mobile app.
State Farm will use this information to determine how much you can save at each policy renewal, which could be up to 50%.
State Farm home insurance
- Rates
- Coverages
- Discounts
State Farm homeowners insurance quote comparison
State Farm’s homeowners insurance rates are very competitive — 16% below average across several different dwelling coverage amounts.
Annual Home Insurance Comparison
|
Dwelling amount
|
$150,000
|
$350,000
|
$550,000
|
|---|---|---|---|
| State Farm | $800 | $1,331 | $1,982 |
| Allstate | $843 | $1,128 | $1,547 |
| Farmers | $879 | $1,356 | $2,106 |
| American Family | $1,307 | $2,215 | $3,218 |
The cost of insurance varies greatly depending on the region and the type of property.
To ensure you get the best pricing, we recommend getting multiple bids.
Homeowners insurance from State Farm
State Farm provides all of the standard homeowner’s insurance coverages, such as personal liability, medical payments, and dwelling coverages, that you’d expect from a national insurer.
The following optional coverages are also available from the company:
- Water damage caused by a sewer, drain, or sump pump backup is covered.
If you’ve been the victim of identity theft, you can get identity restoration services and payment, as well as reimbursement for data recovery costs after a cyber attack and expert aid and reimbursement if you’ve been the victim of cyber extortion.
Home systems protection covers the cost of
repairing or replacing home equipment that
has been damaged by a mechanical or
electrical failure.
Homeowner owned external subterranean water and sewer
plumbing, electrical service lines, and data
lines that break or are accidently broken are
covered under service line coverage.
Premier Service Program benefits
The Premier Program Program is an optional
service that connects policyholders with
participating contractors who can help them
with roof and floor repairs, water removal,
and other services.
For a covered loss, the repairs are guaranteed
for up to five years. This application is not yet
available everywhere.
Discounts on State Farm home insurance
State Farm subscribers have a few options
for lowering their homeowners insurance
prices, all of which are pretty standard:
- Discount on home security
- Discount on multi-policy bundles
- Discount on roofing materials that are
resistant to damage
State Farm renters insurance
- Rates
- Coverages
State Farm renters insurance cost
State Farm has the cheapest renters insurance rates among major insurers — 30% below average. Getting an online quote for renters insurance from State Farm is easy and quick — we were able to gather several quotes in under 10 minutes.
Annual Rental Insurance Comparison
|
Company
|
Average annual premium
|
Average monthly premium
|
|
|---|---|---|---|
| State Farm | $156 | $13 | |
| Travelers | $206 | $17 | |
| Allstate | $222 | $19 | |
| Liberty Mutual | $232 | $19 | |
| Farmers | $308 | $26 |
State Farm renters insurance coverage
State Farm renters insurance provides all of the standard coverage options that you would expect from a major insurer.
|
Coverage
|
Description
|
Included or optional?
|
|---|---|---|
| Personal property | Provides coverage against damage to your belongings based on your chosen coverage amount. | Included |
| Personal liability | If someone is injured on your property or experiences property damage and holds you responsible, your personal liability coverage can pay for litigation and repairs, even if you are at fault. | Included |
| Medical payments to others | Covers the medical bills of guests if they’re injured on your property. | Included |
| Loss of use | Provides reimbursement for living expenses if your home is temporarily uninhabitable. | Included |
| Identity restoration | Provides protection if you’re a victim of identity theft or cyber extortion. | Optional |
| Earthquake damage | Covers damage to your belongings in the event of an earthquake. | Optional |
| Additional business property and incidental liability | Provides coverage for owners of small to medium-sized businesses. | Optional |
Identity restoration benefits.
State Farm’s identity restoration endorsement
costs $25 per year and includes case
management and expense reimbursement in the event that your personal information is taken.
If your identity is stolen and used to commit theft or fraud, State Farm may reimburse you up to $25,000 to cover the costs of restoring your identity and settling any litigation.
If you’re a victim of ransomware, you’re also
covered up to $15,000 in damages.
You’ll also get credit monitoring to lessen the
risks of your information being stolen.
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