State Farm vs. USAA Insurance

Which insurance company is right for you? Compare ratings, products, and quotes from State Farm and USAA.

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State Farm vs. USAA: What You Need to Know

State Farm was founded in 1922 by George Jacob “G.J.” Mecherle, a retired farmer and insurance salesman. The code of conduct for the company has always been “to help people manage the risks of everyday life, recover from the unexpected and realize their dreams.” From the start, the company was branded as being “Like a good neighbor” and for “being there” for all State Farm customers. Fittingly, the State Farm agent in the television commercials is Patrick Minnis, a real State Farm insurance agent from Tempe, AZ. In 1971, Barry Manilow wrote the famous State Farm jingle that cemented the company’s brand as a helpful neighbor and Weezer covered the famous jingle in 2011.

USAA is an organization founded by military members for military members and their families. USAA was founded in the 1920s, during a time of social and political change. In San Antonio, Texas, 25 army officers met to insure each other’s vehicles and named William Garrison as the first president. This tiny group of men would later turn into one of the largest insurance companies, serving millions of members and becoming a fully integrated financial services organization. In 2010, USAA opened financial centers throughout the country while partnering with hundreds of UPS stores to service members. In 2011, USAA became the official Military Appreciation Sponsor of the National Football League. In 2016, they were the first bank to offer mobile app check deposits for visually impaired members. By 2017, USAA had 12 million members and a net worth of $31 billion.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit State Farm Overview and USAA Overview.

State Farm vs. USAA: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with State Farm and USAA. On average, State Farm charges approximately $153.66 per month while USAA comes in at around $116.41 per month. For State Farm, the cheapest state average is Idaho at $73.26 per month and the most expensive is Michigan at $317.19 per month. For USAA, the cheapest state average is Maine at $52.43 per month and the most expensive is New York at $192.28 per month.

State Farm

Average Rate

$153.66
USAA

Average Rate

$116.41
National

Average Rate

$117.77
State State Farm USAA
Alabama $141.41 $110.78
Alaska $106.48 $80.76
Arizona $154.41 $108.33
Arkansas $113.76 $76.65
California $197.35 $160.91
Colorado $138.92 $98.61
Connecticut $145.69 $118.38
Delaware $140.96 $75.42
District of Columbia $151.93 $76.68
Florida $184.47 -
Georgia $155.65 $119.18
Hawaii $106.23 $86.16
Idaho $73.26 $56.46
Illinois $110.66 $109.08
Indiana $91.30 $68.62
Iowa $81.49 $69.35
Kansas $116.24 $86.72
Kentucky $106.58 $101.59
Louisiana $205.11 $152.52
Maine $73.74 $52.43
Maryland $193.89 $130.52
Massachusetts $76.65 $111.28
Michigan $317.19 $129.59
Minnesota $112.73 $99.81
Mississippi $117.96 $78.71
Missouri $112.63 $68.55
Montana $84.59 $73.81
Nebraska $104.09 $92.64
Nevada $175.72 $131.13
New Hampshire $84.14 -
New Jersey $198.52 -
New Mexico $111.89 $88.66
New York $258.43 $192.28
North Carolina $87.43 -
North Dakota $87.46 $55.25
Ohio $85.15 $64.55
Oklahoma $114.89 $106.02
Oregon $109.69 $82.64
Pennsylvania $121.91 $90.08
Rhode Island $105.60 $121.52
South Carolina $105.77 $98.62
South Dakota $94.84 -
Tennessee $96.60 $89.67
Texas $117.04 $120.34
Utah $162.56 $88.73
Vermont $109.90 -
Virginia $92.21 $83.53
Washington $106.02 $83.07
West Virginia $88.17 -
Wisconsin $81.53 $57.93
Wyoming $145.13 $105.98

State Farm vs. USAA: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that State Farm and USAA typically charge for drivers who have more than 1 vehicle.

Number of Vehicles State Farm USAA
1 Vehicle $142.33 $106.30
2 Vehicles $194.53 $153.17
4 Vehicles $277.49 $243.01
3 Vehicles $338.26 $241.33

State Farm vs. USAA: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average State Farm charges $148.24 per month and USAA charges $116.67 per month for customers who own their home.

Own/Rent State Farm USAA
Own $148.24 $116.67
Rent $156.74 $116.26

What is State Farm and USAA Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how State Farm and USAA ranked among the industry ratings.

ComparisonState FarmUSAA
Year Founded19221922
Market Share10.1%
A.M. Best RatingA++
BBB RatingNRB-
Financial StrengthExcellentExcellent
JD Power RankingAbout AverageAmong the best
Moody’s RatingA
NAIC Complaint Index2.581.01
S&P RatingAAAA+

State Farm or USAA: Insurance Products Offered

What coverage is available through State Farm and USAA? Both insurance companies offer Auto, Commercial, Condo, Health, Home, Life, Motorcycle, Renters, and RV insurance. Additional products from USAA insurance also includes Farm, Pet, and Umbrella insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit State Farm and USAA Insurance page.

InsuranceState FarmUSAA
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Pet Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

State Farm or USAA: Ways To Save

State Farm offers a wide range of discounts to its policyholders, including Anti-theft, Defensive Driving, and Good Driving discounts. However, USAA also offers a few discounts that State Farm doesn’t, including Premier Driver, New Vehicle, and Multi-policy discounts. Start taking advantage of discounts offered by insurance providers like USAA and State Farm insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

State FarmUSAA
Accident-Free DiscountAnnual Mileage
Anti-theft DiscountAutomatic Payments Discount
Defensive Driving DiscountDefensive Driving Course Discount
Good Driving DiscountDiscount for Driving Research (telematics)
Multiple Auto DiscountDriver Training Course Discount
Multiple Line DiscountFamily Discount
Passive Restraint DiscountGood Student Discount
Safe Driver DiscountsMilitary Installation
Student Away at School DiscountMulti-policy Discount
Vehicle Safety DiscountNew Vehicle Discount
Premier Driver Discount

Pros & Cons of State Farm & USAA

Pros

State Farm
  • State Farm is the largest auto insurer in the U.S and offers insurance in all states.
  • There are more than 19,000 captive agents across the country so it’s easy to find an agent in your area.
  • State Farm offers a range of insurance packages and is the #1 insurer for watercraft.
  • The State Farm app is an award-winning tool for managing your insurance and bank account.
USAA
  • USAA offers financial literacy classes to its members as well as retirement planning.
  • The USAA app is easy to use and very helpful for managing your account.

Cons

State Farm
  • State Farm does not offer accident forgiveness options.
USAA
  • USAA mainly offers coverage to military members and their families.

State Farm or USAA Mobile Apps Options

The State Farm Mobile app is available for iOS and Android. This award-winning mobile app can help manage insurance and banking accounts, request roadside service, file and track claims and pay bills.

The USAA Mobile app is available for iOS and Android. It gives users convenient and secure access to their accounts to manage finances, investments, insurance and more.

State Farm Mobile App
iOS     4.815K user reviews
Android     4.116K user reviews
USAA Mobile App
iOS     4.8432K user reviews
Android     4.6125K user reviews

State Farm & USAA Contact Info

State Farm Contact Info
AddressOne State Farm Plaza, Bloomington, IL 61710
Phone1-800-732-5246
Websitehttps://www.statefarm.com
Facebookhttps://www.facebook.com/statefarm
Twitterhttps://twitter.com/statefarm
Youtubehttps://www.youtube.com/statefarm
Linkedinhttps://www.linkedin.com/company/state_farm/
USAA Contact Info
Address9800 Fredericksburg Rd., San Antonio, TX 78288
Phone1-800-531-8722
Websitehttps://www.usaa.com/
Facebookhttps://www.facebook.com/USAA/
Twitterhttps://twitter.com/USAA
Youtubehttps://www.youtube.com/channel
Linkedinhttps://www.linkedin.com/company/usaa/

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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