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This auto insurer is a good fit for: Drivers looking for a company with an excellent reputation and strong, personalized customer service. State Farm has been around for nearly a century, offers coverage in every state, and is one of the most trusted names in insurance.
Monthly premium costs:
No one wants to worry about whether their insurance company will still be in business when they need them. State Farm has earned an AA++ rating (the highest possible) from A.M. Best and an AA rating from S&P Global Ratings for their solid financial position.
According to J.D. Power, State Farm ranked above average in customer satisfaction in 10 of the 11 regions included in their U.S. Auto Insurance Satisfaction Study. This is a jump from previous years.
State Farm has upped their game in terms of digital access to their services, meaning those who would rather take care of auto insurance via the internet now have far more opportunity to do so than in years past.
The insurer offers discounts on everything, from safe driver to driver training and vehicle safety features.
Hitting a rough patch financially -- particularly in the midst of a pandemic -- does not necessarily mean that a driver is less safe or likely to make more insurance claims. While insurers like State Farm pull a credit score similar to those provided by FICO as part of pricing, it would be nice if they would simply check a person's driving record.
Drivers who don't mind not getting to know their insurance agent personally: Geico provides a strong alternative to State Farm. Available 24 hours a day, Geico's premiums are far more affordable for the average family.
Drivers who do want to get to know their agent: Nationwide has offices spread across the country and typically offers lower premiums.
Some State Farm customers stay with the company out of loyalty. Others want the security of a company as strong as State Farm offers. Whatever a person's reason for choosing State Farm, they offer competitive rates.
|35y, female, clean record||35y, male, clean record||35y, female, one accident||18y, male, clean record|
See how State Farm car insurance rates compares to the national averages across the auto insurance industry. These rates are broken out by common driver profile but you're specific quote can vary.
|State Farm Insurance Average Rate||National Average Rate|
|Clean Driving Record||$2,427||$2,389|
|Accident on Record||$2,874||$3,370|
|Speeding Ticket on Record||$2,768||$3,032|
|DUI on Record||$3,296||$4,380|
|18 Years OId - New Driver||$5,692||$6,291|
|65 Years Old - Senior||$2,167||$2,140|
|Minimum Coverage (Liability Only)||$856||$787|
State Farm offers a wide range of discounts, including:
State Farm is one of the leading brands for customer satisfaction, according to J.D. Power, and has been the largest auto insurer in the country since 1942. The company estimates that about 1 out of every 5 cars on U.S. roads carries insurance with State Farm.
Those who don't find a personal relationship with an agent important may want to consider an online company like Geico or Nationwide. They can save money while still having access to customer service as needed.
Want another alternative? Check out The Ascent's complete Country Financial Auto Insurance review to see if this insurance provider is right for you.
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