State Farm Car Insurance Review 2022: Pros & Cons  

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State Farm is the largest car insurance company in the United States that offers various kinds of insurance products and other financial services, marketed by State Farm Agents. State Farm car insurance company offers a huge range of discounts to its customers which include discounts for good driving habits exhibited by safe drivers and other multi-policies.

State Farm Car Insurance Review 2022: Pros & Cons 

According to USnews.com, State Farm receives the Best Car insurance companies of 2022 having a rating score of 4.2 out of 5. This score averagely levels on the customer satisfaction, policy renewals, customer recommendation, and claims handing. Plus, State Farm ranks third in the cheapest car Insurance Companies of the USnew.com ratings.   

Pros & cons  

Pros

  • Large  number of agents
  • Multiple policy discounts available
  • Ridershare insurance available
  • High rating customer satisfaction

Pros

  • Higher premium even with discounts especially for drivers with poor credit
  • Gap insurance is not available
  • Must purchase policy through agent when insurer more than four cars

Types of State Farm Auto Insurance Coverage

Comprehensive

Comprehensive offers protection for your car when it is hit or damage by a car theft, bomb explosion, animal or dangerous weather situations and it is not done by other vehicles.

Car Rental and Travel Expenses

This coverage covers your rental car expenses after a qualifying accident. In other words, State Farm will pay for your car rental expenses when you damage your car and you can’t drive plus travel expenses like meals and lodging. To become eligible for this type of coverage, you will need to have existing comprehensive or collision insurance. 

Medical Payments

This covers the medical or funeral expenses of you, passengers or immediate family members at the time of accident especially if there is any damage in the car accident.

There are various types of car insurance coverage you can get at State Farm. They include;

Collision

State Farm collision coverage requires a deductible before a policyholder receive its payout benefits. This is usually the real cash value of your car. This coverage protects you if your car was hit by another vehicle but does not lead to falling or flying.

Liability

This will help you cover the cost of medical bills for injuries of another driver or property if you are the one at fault or responsible for the accident. You will have to know the minimum amount you are to pay from your state.

Uninsured and Uninsured Motor Vehicle

State Farm will reimburse you for your medical cost, car damage or even lost wages if you are hit by an Uninsured and Uninsured Motor Vehicle and you are not at fault.

RiderShare Driver

If you purchase a policy at State Farm, and you use your vehicle to drive for rideshare companies. You can buy additional insurance policy to cover yourself in case there is an auto accident or a passenger files a claim against you due to injury. This type of coverage usually cost additional 15% to 20% on top your car insurance premium.  

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Cost of State Farm Car Insurance

The cost of auto insurance at State Farm varies on several factors which include vehicle type, age, driving record, and credit history. To determine the average rate of coverage, kindly check the amount and type of coverage. Plus, compare other car insurance quotes from at least three to four insurance companies before taking final decision.

State Farm ranks third among the top 10 car insurance companies and pays $1,267 a year for coverage to its customer, according to USnews which is about $272 lower than the national average. But the rates appear higher for teen driver s with an accident record. Drivers with poor credit too are likely to pay more for their coverage annually.

State Farm Rates for Teen Drivers

 17-year-old Female17-year-old Male
State Farm  $3,233$3,958
  National Average$4,962$5,661

  State Farm Rates for Young Adult Drivers

 25-year-old Female25-year-old Male
State Farm  $1,367.69$1,527.61
  National Average$1,734$1,842

  State Farm Rates for Adult Drivers

 35-year-old Female35-year-old Male
State Farm  $1,234$1,234
  National Average$1,476$1,485

  State Farm Rates for Senior Drivers

 60-year-old Female60-year-old Male
State Farm  $1,120$1,120
  National Average$1,332$1,365

  State Farm Rates After a Speeding Ticket 

 Rate After One Speeding Ticket
State Farm  $1,409
  National Average$1,911

  State Farm Rates After an Accident 

 Rate After One Accident
State Farm  $1,516
  National Average$2,180

State Farm Rates After a DUI

 Rate After One DUI
State Farm  $1,711
  National Average$2,601

 State Farm Rates for Drivers with Poor Credit

 Rate After Poor Credit 
State Farm  $3,654
  National Average$2,757

Cost of Minimum Coverage with State Farm

 Rate for Low Coverage 
State Farm  $1,191.25
  National Average$1,463

Cost of High Coverage with State Farm

 Rate for Low Coverage 
State Farm  $1,348.45
  National Average$1,621.76

Table source: USnews

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State Farm Car Insurance Discounts

  • Good student discount
  • Renewal discount
  • Student away at school Discount
  • Drive Safe & Save discount
  • Multiple auto discount (multi-vehicle)
  • Multiple line discount (multipolicy)
  • Good driver discount
  • Vehicle safety discount
  • Passive restraint discount
  • Anti-theft discount
  • Steer Clear discount
  • Accident-Free driving discount
  • Defensive driving course discount
  • Loyal customer discount

Other Services Offered by State Farm

  • State Farm app
  • Drive Safe & Save app
  • Autopay
  • Online quotes
  • Roadside Assistance
  • Online bill pay
  • Steer Clear app
  • Online claims
  • Customer portal
  • Paperless policy management

Other Insurance From State Farm

  • Commercial auto insurance
  • Health insurance
  • Pet insurance
  • Motorcycle insurance
  • Travel Trailer insurance
  • Homeowners insurance
  • Condominium insurance
  • Renters insurance
  • Rental property insurance
  • Personal articles insurance
  • Life insurance
  • Identity restoration insurance
  • Small business insurance
  • Manufactured home insurance
  • Farm and ranch insurance
  • Disability insurance
  • Personal liability insurance
  • Business and professional liability insurance
  • Boat insurance
  • Off-road Vehicles insurance
  • Motorhome insurance
  • Contractors insurance
  • Liability umbrella insurance
  • Workers’ compensation insurance
  • Surety and fidelity bonds insurance

Customer Satisfaction

According to the J.D. Power 2021 U.S. Auto Claims Satisfaction Study, State Farm ranked second out of eight insurance companies and scored 872 – having one point above the average of 871. The auto insurance company also ranked sixth out of 18 insurance companies with a score of 892 out of 1,000 which is twelve points above the industry average of 880.

AM Best—an organization that rates insurance companies based on their financial strength rated State Farm with an “A++” (Superior), the highest rating available.  

How to Contact State Farm insurance

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