With 48,000 insurance agents and 83 million policies, State Farm has been providing coverage for almost 100 years.
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.
As a pillar of the community, State Farms has helped pass several seat belt laws over the years and the company continues to champion seat belts and safe driving for teens. In partnership with several U.S highway authorities, State Farm operates a service called the State Farm Safety Patrol, which provides free roadside assistance for fuel refills, radiator refills, engine oil refills and more. The State Farm Safety Patrol personnel are also CPR and AED certified in case drivers are found to be unresponsive. In giving back to local communities, State Farm also has a disaster preparedness and recovery programs and services in place to help people. State Farm actively supports communities by sponsoring programs about homeownership, neighborhood safety and highway safety.
Originally, State Farm was a single-line auto insurance provider, but today they offer about 100 insurance products and services in 5 lines of insurance. As a mutual insurance firm, it ranked #36 on the 2018 Fortune 500 list of the largest U.S. corporations. It is the largest property and casualty insurance provider in the country and the largest auto insurance provider as well. State Farm insures more cars and homes than any other insurer in the U.S. and is the leading insurer of watercraft. Since 1999, State Farm has been expanding its financial services, which include banking and mutual funds.
As of 2017, State Farm has 70,000 employees and 48,000 agents. They have the largest agency pool of any company, with agents serving 83 million policies and accounts throughout the U.S. As the largest insurer in the U.S. State Farm, released an ad featuring basketball stars James Harden and Chris Paul from the Houston Rockets and actor Oscar Nunez of “The Office” to make fun of the idea of robots taking over insurance. An overt attack on technology, it was also a soft kick at Lemonade, a (comparatively tiny) rival in the insurance world, which uses technology instead of manpower to pay out claims. Not only did Lemonade fire back, accusing the giant insurance carrier of feeling threatened by insurtech but they also sponsored the State Farm ads claiming that “today we’re making history. We’re running and paying for our competitor’s attacks ads - we’ve decided to pick up the tab and run it on our own dime.” These ads went viral and backfired against State Farm.
|JD Power Ranking||About Average|
|NAIC Complaint Index||2.58|
|iOS||4.8||15K user reviews|
|Android||4.1||16K user reviews|
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.
Full coverage in auto insurance would cover bodily injury and property damage liability, collision, comprehensive, medical payments, car rental and travel expenses, uninsured and uninsured motorist and emergency road service.
In several states, it’s illegal to determine insurance rates based on gender. For the most part, State Farm rates male and female drivers evenly, but younger men pay a little more annually.
State Farms offers many different insurance packages which prepare you for unexpected mishaps and losses, whether it be damage or destruction to your auto, home or business. They also offer life and health insurance packages too.
If you do not have a State Farm insurance card, you should contact an agent, who will send one to you or tell you how you can print out a temporary copy.
As long as you have a driver’s license you can get State Farm insurance.
Visit SmartFinancial to get free car insurance quotes from State Farm and several other reliable insurance carriers.
The declaration page in your policy jacket will list all your coverages and the limits on your coverages. If you have a hard time finding or understanding your policy, it’s important to contact your insurance agent.
Visit SmartFinancial to get free auto insurance quotes, which are a close estimate of what the carriers will charge you.
State Farm is one of the top rated insurance companies in the country and offers great coverage and affordable rates. You can get a free quote with State Farm or compare multiple rates here on SmartFinancial.
In states where it’s legal to use credit-based insurance pricing, all insurance agencies are free to do a soft pull on your credit.
You can pay for a full year’s worth of car insurance upfront with State Farm. You will also earn a discount for doing so.
Yes, you can include people to your policy. However, that person’s age and driving history will impact your insurance rate.
Your insurance rate may go up due to a number of reasons, including traffic violations, a new job, poor credit, a new garaging address or a DUI. Also, most people’s rates have increased across the board over the past few years due to an increasing number of accidents caused by distracted driving.
Yes, you must report all accidents to the police and your State Farm agent.
If you have very good credit and live in a state where credit-based rates are the norm, you should get a quote from State Farm insurance.
|Car Insurance||Motorcycle Insurance|
|Boat Insurance||Off-road Vehicle Insurance|
|Motorhome Insurance||Home Insurance|
|Condominium Insurance||Renters Insurance|
|Rental Property Insurance||Term Life Insurance|
|Whole Life Insurance||Universal Life Insurance|
|Supplemental Health Insurance||Medicare Supplement|
|Individual Medical Insurance||Long-term Disability|
|Short-term Disability||Business Liability|
This form of coverage is required in every state. It covers bodily injuries to a third party in an accident that was deemed your fault.
This form of coverage is required in every state. It covers property damage and loss of use to a third party.
This coverage pays for damages and loss other than that caused by a collision. It is subject to a deductible.
This coverage pays for damages and loss caused by impact with another automobile, object or person. It is subject to a deductible.
This type of protection will cover you if you’ve been injured in an accident, regardless of who’s at fault. Coverages include income continuation, loss of services, funeral expenses and child-care expenses.
This coverage takes care of renting a vehicle while yours is being repaired. Travel expense coverage helps pay for food, lodging and transportation if you’re involved in an accident more than 50 miles from home.
This coverage pays for medical expenses if you’re injured in an accident caused by someone who doesn’t have liability insurance.
This coverage pays for medical expenses if you’re injured in an accident caused by someone whose liability limits are lower than what’s needed.
This coverage helps you get back and driving if you have a roadside breakdown.
If you drive for a rideshare company like Uber or Lyft, this coverage protects you during that period of time when you’re covered by neither your personal auto insurance nor your rideshare company’s insurance.
|Safe Driver Discounts||Accident-Free Discount|
|Defensive Driving Discount||Student Away at School Discount|
|Good Driving Discount||Vehicle Safety Discount|
|Passive Restraint Discount||Anti-theft Discount|
|Multiple Auto Discount||Multiple Line Discount|
Below is a list of the average rates that drivers typically pay with State Farm. On average, State Farm charges approximately $157.72 per month. The cheapest state average is Massachusetts at $66.56 per month followed by Ohio at $71.95 per month. The most expensive state average is Michigan at $244.82 per month.
|State||Avg monthly rate|
|State||Avg monthly rate|
Drivers typically will get a discount if they insure multiple vehicles. Here is a list of average rates that State Farm charges for drivers who have more than 1 vehicle.
|Number of Vehicles||Avg Monthly Rate|
Customers who own their home rather than rent can sometimes get a small discount. We found that on average State Farm charges $156.88 per month for drivers who own their home and $158.00 per month for those who rent.
|Own/Rent||Avg Monthly Rate|
|Address||One State Farm Plaza, Bloomington, IL 61710|
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.
How Does State Farm Compare to Other Car Insurance Companies?
|State Farm vs Allied||State Farm vs Allstate|
|State Farm vs Auto Owners||State Farm vs Dairyland|
|State Farm vs Encompass||State Farm vs Farmers|
|State Farm vs Nationwide||State Farm vs Safeco|
|State Farm vs USAA|
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