- Our take
- States where State Farm offers coverage
- What does State Farm car insurance cover?
- How does State Farm insurance rank?
- How much is State Farm car insurance?
- State Farm car insurance rates by state
- State Farm insurance rates for teens
- State Farm insurance rates for adults
- State Farm insurance rates for seniors
- State Farm insurance rates by driver profile
- State Farm insurance discounts
- Sources & Methodology
- What do people ask about State Farm insurance?
Our take
State Farm is the largest car insurance company in the country and offers coverage pretty much anywhere you might live, work or drive. Its size comes with some advantages; State Farm can satisfy all your insurance needs. Its financial stability also demonstrates that it will be there for you when you need it most.
At the same time, bigger isn’t always better. State Farm’s premiums are on the pricier side compared to other providers like Erie and Nationwide and if you have a poor credit rating, rates are very high.
Overall, with good ratings for auto claims handling and general customer satisfaction, State Farm ranked 6th on Insurance.com’s 2024 Best Car Insurance Companies list.
- Rated highly for claims handling and customer satisfaction
- Can also meet your home, life and other insurance needs
- Widely available
- Premiums are a bit higher than average
- Charges much higher premiums for drivers with poor credit
States where State Farm offers coverage
State Farm offers coverage in all 50 states.
| State |
|---|
| Alabama |
| Alaska |
| Arizona |
| Arkansas |
| California |
| Colorado |
| Connecticut |
| Delaware |
| Florida |
| Georgia |
| Hawaii |
| Idaho |
| Illinois |
| Indiana |
| Iowa |
| Kansas |
| Kentucky |
| Louisiana |
| Maine |
| Maryland |
| Massachusetts |
| Michigan |
| Minnesota |
| Mississippi |
| Missouri |
| Montana |
| Nebraska |
| Nevada |
| New Hampshire |
| New Jersey |
| New Mexico |
| New York |
| North Carolina |
| North Dakota |
| Ohio |
| Oklahoma |
| Oregon |
| Pennsylvania |
| Rhode Island |
| South Carolina |
| South Dakota |
| Tennessee |
| Texas |
| Utah |
| Vermont |
| Virginia |
| Washington |
| Washington D.C. |
| West Virginia |
| Wisconsin |
| Wyoming |
*Some state rates will vary based on the addition of a hurricane deductible and may be much higher when included.
Note: State Farm is not writing new auto insurance policies in Massachusetts and Rhode Island.
What does State Farm car insurance cover?
As the largest car insurance provider in the country, State Farm offers coverage to serve pretty much any driver’s needs. The one exception is gap insurance. Instead of gap insurance, State Farm offers a product called Payoff Protector if you finance a vehicle through State Farm Bank.
All primary car insurance coverage options are available:
- Liability
- Collision
- Comprehensive
- Personal injury protection (PIP) and medical payments (MedPay)
- Uninsured and underinsured motorist coverage
Additional coverage offerings:
- Roadside assistance
- ATV and off-road vehicle
- Classic car
- Rental car reimbursement
- Rideshare coverage (in some states)
How does State Farm insurance rank?
State Farm ranked No. 6 overall on our annual list of the top 15 car insurance providers. It received high marks for auto claims handling and general customer satisfaction, but its premium rates are pricier than some providers.
Here's a look at how it compares to a selection of car insurance carriers.
| Company | AM Best | JD Power auto claims satisfaction | NAIC complaint ratio* | Average annual premium(out of 5) | Overall score(out of 5) |
|---|---|---|---|---|---|
| State Farm | A++ | 891 | 0.7 | 3.23 | 4.27 |
| Geico | A++ | 871 | 0.91 | 3.99 | 4.20 |
| Nationwide | A | 875 | 0.64 | 4.76 | 4.33 |
| Progressive | A | 870 | 0.65 | 3.15 | 4.14 |
*The lower a company’s score, the fewer the number of complaints filed with the NAIC. A score higher than 1.0 means it had a higher-than-average number of complaints.
How much is State Farm car insurance?
State Farm offers auto insurance coverage pretty much anywhere you call home, but you might be able to get cheaper rates elsewhere.
Average full coverage rates for a 40-year-old driver with State Farm are $1,984 per year or $165 per month. Compared to major competitors, that’s in the middle; Nationwide comes in at $1,548 a year while Allstate averages $2,509 a year.
Here is a comparison of rates with several large peers. Premiums are based on full coverage insurance at 100/300/100, with a $500 collision/comprehensive deductible.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| State Farm | $1,984 | $165 |
| Geico | $1,763 | $147 |
| Nationwide | $1,548 | $129 |
| Allstate | $2,509 | $209 |
State Farm car insurance rates by state
Where you live is a major factor when it comes to your insurance rates.
Some states have considerably higher insurance rates due to frequent hail events, flooding, thefts, higher litigation costs and other factors.
Drivers in Michigan and Louisiana will find they pay substantially more for State Farm coverage while those living in Vermont or Idaho will pay quite a bit less
Find your state below to see the annual average cost of car insurance by state with State Farm.
| State | State minimum | Liability 50/100/50 | Full coverage 100/300/100 liability, $500 deductibles |
|---|---|---|---|
| Alaska | $376 | $461 | $1,713 |
| Alabama | $340 | $511 | $1,790 |
| Arkansas | $401 | $520 | $2,060 |
| Arizona | $613 | $850 | $2,233 |
| California | $569 | $900 | $2,701 |
| Colorado | $387 | $538 | $1,950 |
| Connecticut | $613 | $718 | $1,733 |
| Washington, D.C. | $656 | $849 | $2,426 |
| Delaware | $794 | $991 | $2,153 |
| Florida | $647 | $1,170 | $2,119 |
| Georgia | $746 | $975 | $2,344 |
| Hawaii | $496 | $674 | $1,938 |
| Iowa | $199 | $258 | $1,306 |
| Idaho | $244 | $322 | $1,120 |
| Illinois | $410 | $482 | $1,633 |
| Indiana | $365 | $442 | $1,616 |
| Kansas | $335 | $388 | $1,976 |
| Kentucky | $715 | $953 | $2,753 |
| Louisiana | $867 | $1,525 | $3,570 |
| Massachusetts | $210 | $273 | $689 |
| Maryland | $744 | $839 | $2,177 |
| Maine | $328 | $342 | $1,262 |
| Michigan | $1,398 | $1,450 | $3,698 |
| Minnesota | $378 | $421 | $1,525 |
| Missouri | $445 | $521 | $2,072 |
| Mississippi | $355 | $517 | $1,797 |
| Montana | $244 | $390 | $1,858 |
| North Carolina | $331 | $370 | $1,180 |
| North Dakota | $317 | $348 | $1,738 |
| Nebraska | $409 | $469 | $2,344 |
| New Hampshire | $306 | $349 | $1,155 |
| New Jersey | $1,089 | $1,186 | $2,153 |
| New Mexico | $321 | $512 | $1,669 |
| Nevada | $431 | $694 | $1,443 |
| New York | $885 | $1,005 | $1,951 |
| Oklahoma | $289 | $500 | $1,861 |
| Oregon | $534 | $616 | $1,502 |
| Pennsylvania | $447 | $578 | $2,473 |
| Rhode Island | $366 | $455 | $1,319 |
| South Carolina | $621 | $863 | $2,106 |
| South Dakota | $285 | $329 | $2,096 |
| Tennessee | $342 | $425 | $1,677 |
| Texas | $419 | $624 | $1,956 |
| Utah | $641 | $781 | $2,175 |
| Virginia | $390 | $441 | $1,479 |
| Vermont | $264 | $308 | $1,139 |
| Washington | $410 | $741 | $1,794 |
| Wisconsin | $438 | $519 | $2,378 |
| West Virginia | $395 | $463 | $1,691 |
| Wyoming | $245 | $297 | $1,521 |
State Farm insurance rates for teens
Teenage drivers pay the most expensive rates for car insurance with State Farm, as they will with most insurance companies. The good news is that rates begin to fall quickly as you head into your 20s.
The average cost of a teen car insurance policy at State Farm is $5,368 a year.
Here’s what a teenage driver can expect to pay with State Farm compared to average rates for older drivers.
| Company | Teenage drivers aged 16-19 | Young adults aged 20-24 | 40-year-old adult |
|---|---|---|---|
| State Farm | $5,368 | $3,179 | $1,984 |
| Geico | $5,049 | $2,647 | $1,763 |
| Nationwide | $5,285 | $2,556 | $1,548 |
| Progressive | $7,174 | $3,242 | $1,998 |
State Farm insurance rates for adults
While teens pay some of the highest rates of their driving years, as you head into your 20s and 30s, you will see a steady decline in insurance premiums.
While it can vary slightly by insurance company, adults will pay some of their cheapest rates at around the age of 60-65. At State Farm, the lowest rates come around age 65, with an average of $1,838 a year for a male driver and $1,838 a year for a female.
Here’s what adults can expect to pay annually on average for full coverage car insurance with State Farm at various ages.
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 25 | $2,444 | $2,227 |
| 30 | $2,055 | $2,055 |
| 35 | $2,003 | $2,003 |
| 40 | $1,983 | $1,984 |
| 45 | $1,958 | $1,959 |
| 50 | $1,908 | $1,909 |
| 55 | $1,838 | $1,838 |
| 60 | $1,793 | $1,795 |
| 65 | $1,765 | $1,766 |
State Farm insurance rates for seniors
Rates start to climb again for senior drivers, as their risk level increases with age. Statistically, seniors are more likely to be in accidents and tend to have more serious injuries.
For that reason, expect to see your rates begin to increase as you reach 65, but it will not be nearly as steep as the rates you saw in your teens. At State Farm, increases start closer to age 70, when the average cost is $1,838 a year.
Here’s what annual senior car insurance rates look like with State Farm at various ages.
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 60 | $1,793 | $1,795 |
| 65 | $1,765 | $1,766 |
| 70 | $1,838 | $1,838 |
| 75 | $1,972 | $1,971 |
State Farm insurance rates by driver profile
Your driver profile is a mix of facts about you. Among them are your history of tickets and accidents and your credit history.
Poor credit is correlated with a higher likelihood of filing a claim. State Farm’s rates for drivers with poor credit are very high compared to a driver with a ticket or an accident, indicating that the company gives credit a lot of weight.
Here’s a look at what drivers with common negative marks on their profiles can expect to pay annually for full coverage insurance with State Farm.
| Clean record | At-fault accident | Speeding ticket | Poor credit rating |
|---|---|---|---|
| $1,984 | $2,437 | $2,321 | $8,654 |
State Farm insurance discounts
One of the simplest ways to lower your rates with State Farm is to look for discounts that might be available. Like most car insurance carriers, State Farm offers a wide range of discounts for bundling your auto with home, life, or medical coverage, insuring multiple cars, or installing various safety devices.
Discounts typically range from about 5% to 30% and it is possible to qualify for multiple discounts.
State Farm car insurance discounts include the following:
- Multi-car and multi-policy discounts
- Installed car safety equipment
- Accident-free driving record
- Taking a defensive driver course
- Anti-theft device installation
- Good student discount
- Going away to college discount
- Drive and Save in-car monitoring smartphone application
Sources & Methodology
Methodology
Insurance.com editors in 2024 collected rates from Quadrant Information Services for a 40-year-old male and female driving a 2023 Honda Accord LX for state minimum coverage, liability only with 50/100/50 limits and a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductible. Rates were gathered for multiple driving records and different credit levels. The rates presented are the average of rates for males and females. We analyzed 53,409,632 quotes, 34,588 ZIP codes and 170 insurance companies nationwide.
Source
State Farm. “Auto insurance discounts.” Accessed September 2024.
What do people ask about State Farm insurance?
To help you get to know State Farm better, we sought out common questions asked about the company’s car insurance online and provide the answers here.
Why is State Farm dropping my car insurance?
There are a lot of reasons an insurance company might decide to nonrenew (cancel on renewal) a car insurance policy. Usually, it’s due to increased risk. That risk may be related to you, such as tickets or accidents. Or it may be that the risk in your area has increased and the company is pulling out of the area. If you’ve received a nonrenewal notice from State Farm, contact your agent to find out the reason.
Why is State Farm so much cheaper?
Although State Farm isn’t the cheapest company on average, there are plenty of drivers for whom the company offers very cheap rates. If you have a cheap rate quote from State Farm, it’s likely you fit the company’s preferred risk profile. As noted above, State Farm weighs credit heavily, so people with excellent credit will see low rates. Location can also play a big role.
Is State Farm a good insurance company?
In our survey, customers rated State Farm above average for customer satisfaction and consumer research firm J.D. Power also gave it better than average marks for auto claims satisfaction.
It also has rock-solid credit ratings, meaning if you’re going to insure your home, car and perhaps life with the company, they will be around to fulfill their end of the bargain.