Review Of State Farm Insurance For The Year 2022

Susan Kelly

Oct 23, 2023

And according to the Insurance Information Institute (Triple-I), State Farm has the most significant market share of any property/casualty insurer in the United States. Car, house, and life insurance are the company's three most prominent offerings, and they all contributed to the company's success in achieving the Bank rate Award. State Farm shared first place for the best auto and outstanding home insurance in Bankrate's 2022 awards. State Farm has positioned itself as the premier provider of term life insurance. State Farm is a multi-line insurer headquartered in Bloomington, Illinois, that began selling new vehicle and house policies across the country in 1922 (except Massachusetts and Rhode Island). The company is well-known throughout the industry for its top-notch customer service, generous discounts, and collaboration with Hagerty to provide insurance for historic vehicles.

Price Of Auto Insurance From State Farm

The typical yearly price for full coverage at State Farm is $1,457, while the typical premium for basic coverage is $539. According to research by the Bank rate of quoted yearly premiums from Quadrant Information Services, the national average cost of auto insurance is $1,674 per year for comprehensive coverage and $565 per year for minimal coverage. You can potentially save even more money on auto insurance with one of State Farm's many available discounts.

State Farm Insurance For A House

Thanks to its strong ratings from satisfied customers, solid financial standing, and practically ubiquitous availability, State Farm was named one of the best home insurance providers in the 2022 Bank rate Awards. State Farm, the country's largest homeowner's insurance provider, has a vast network of local agents to serve the needs of its customers. State Farm offers house insurance plans everywhere but M.A. and R.I. The relationship with Ting allows the company to provide a unique fire safety package in addition to the regular home coverage’s, personal property, liabilities, and additional living expenses. A complimentary device can be provided to policyholders to help them prevent house fires by keeping tabs on their electrical systems.

Cost Of Home Insurance From State Farm

Costs for State Farm homeowners insurance are often higher than the national average. Depending on your needs, the higher premiums charged by State Farm may be justified by the company's excellent reputation, third-party ratings, coverage options, claims processing, and customer service.

Life Insurance From State Farm

Due to their user-friendly website and excellent support staff, State Farm was named the best term life insurance provider in the 2022 Bank rate Awards. Across the country, the firm has over 19,000 local agents available to help you, in addition to its user-friendly mobile app and online platform. According to the J.D. Power and Associates 2021 U.S. Individual Life Insurance Study, the company also achieved the highest possible score for customer satisfaction. State Farm is a good bet if you're looking for something like a life insurance policy. The firm sells four distinct varieties of life insurance: term, entire, universal, and variable. It is possible that your local State Farm representative can assist you in evaluating your needs and selecting the policy that best meets your needs.

Customer Feedback On State Farm

Numerous studies and testimonials from satisfied clients attest to State Farm's excellent reputation for customer service. Customers who have reviewed the firm favorably highlight the variety of discounts and usage-based programmes the company offers to keep insurance premiums low.

State Farm Automobile Insurance Client Service

We interviewed 6,923 people nationwide about their auto insurance policies in August 2022. The most significant percentage of poll takers (19%) said they got their auto insurance from State Farm.

State Farm Life Insurance Services

Life insurance policies are notoriously difficult to understand and use. State Farm has several resources available to assist you in selecting the best policy for your needs and learning about all aspects of life insurance. On the State Farm website, entering your ZIP code or street address will put you in touch with a local agent. The website also features helpful explanations of the company's many life insurance offerings.


To help you decide if State Farm is the perfect insurance company for you, the reviewers here at Home Media have broken down the company's offerings across auto, home, and life insurance, as well as discounts like Drive Safe & SaveTM. Always shop for the best rate possible, including your auto and house insurance.

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