What do I need to know about State Farm auto insurance?

If you’re searching for car insurance, you may be looking at all the big players in the industry as you make comparisons. You’ll certainly want to look at one of the more famous companies in the marketplace, State Farm, as you consider giving it your business.

So, what do you need to know about State Farm and auto insurance? We’ve looked closely at the company and provided you with insights below.

What are the positives of State Farm auto insurance?

More: GEICO DriveEasy Review (2022)

With a sizable market share, State Farm is the largest auto insurance company in the United States. The company celebrated its 100th year in 2022 and employs more than 50,000 people. The company is also well-known for its philanthropy as it gives back to communities and tries to stand up to its slogan of being a “good neighbor.”

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

What are State Farm‘s car insurance coverage options?

State Farm offers a wide variety of coverage options available to its policyholders, including the following:

• Liability auto insurance coverage. Most states require this, which covers you if you cause bodily or property injury to a third party and were at fault.
• Collision auto insurance coverage. This helps to protect you if your vehicle hits another vehicle or object, like a pole.
• Comprehensive auto insurance coverage. This protects you against vandalism, theft, fire, weather events, or anything other than collision.
• Car rental. State Farm car rental discounts are available if you also have collision or comprehensive insurance and they will reimburse you if you need to pay for a State Farm discount rental car when your vehicle is in the repair shop.
• Uninsured or underinsured motorist coverage. This will provide coverage if you crash with another car and the at-fault driver does not have adequate insurance to pay for your damages.
• Rideshare insurance. This covers you if you use your own car to drive for one of the popular rideshare companies.

State Farm also offers emergency roadside assistance to help cover expenses if your vehicle breaks down on the side of the road and you need help.

What about State Farm auto payments?

More: AAA Membership Cost: Is AAA worth the cost?

State Farm offers a payment plan which allows you to combine several policies on a single bill if you wish. You can choose your payment date and make monthly payments instead of once or twice a year.

You can also choose automatic payments from a bank account or credit/debit card. If you wish, switch off paperless statements and rely on digital reminders.

How will State Farm determine my car insurance rates?

Every insurance company will use several factors to determine your individual rate. These factors will typically include the following:

• Your age 
• Your driving history
• Vehicle type
• ZIP Code
• Credit history

More: Root Auto Insurance Review 2022

The distance you drive and the time of day you are on the road may have an effect, and if you live in a high-crime area, the risk for theft or vandalism may be greater.

You may also have the option to choose the size of your car insurance deductible, which is the amount you will pay first when making a claim. This can raise or lower your rates depending on your deductible amount. 

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

What about State Farm car insurance discounts?

There are also many State Farm auto insurance discounts. For example, there is the Drive Safe and Save program. Here, you can get a discount for enrolling and further savings of up to 30% based on your driving behavior. The company will monitor you through a smartphone app or via an already-connected car.

More: Does GEICO offer GAP insurance?

The Steer Clear program is open to drivers under 25 years old who have not had an accident or moving violation in the past three years. The app offers driver-focused training for young people, and once they become certified, they can earn a discount of up to 15%.

Other drivers may qualify for additional discounts. For example, you may save if you maintain an accident-free record or take a defensive driving course. If you avoid moving violations for three years, you may get one of the company’s good driver discounts. Extra discounts are available if you fit certain safety features into your vehicle. 

You can save more by bundling with other insurance products or having multiple cars on one household policy.

What do I need to know about State Farm auto insurance?

State Farm is the largest insurance company in the U.S. and has various auto insurance options. It also offers several discounts for younger people or those who can prove they are safe drivers. Getting a State Farm rental car discount is not difficult if you have collision or comprehensive insurance. You do not need a State Farm car rental discount code in that case.