State Farm is the largest homeowners insurance provider in the country, offering extensive coverage and several discount options. Learn about the company’s policies, reputation, and more in this State Farm homeowners insurance review. Show
In This Review: Our Take | Pros & Cons | Cost & Discounts | Coverage | State Availability | Customer Reviews | Conclusion | Comparison | Company Information | FAQs | Methodology Your home is your most valuable asset, and protecting it from unforeseen disasters and burglary is a major consideration. It’s important you have the funds to repair or reconstruct your home, or replace your belongings, if an event like that were to occur. Purchasing a home insurance policy can safeguard your investment. Unfortunately, choosing the best home insurance company for you may take a lot of research—evaluating coverage, discounts, customer service, availability, and more. The This Old House Reviews Team has created this in-depth State Farm homeowners insurance review to help you determine if it’s the best fit for your home. To get home insurance quotes in your area, call 855-948-5219 or enter your zip code in our free quote tool:
Our Take on State Farm Homeowners InsuranceState Farm is the largest homeowners insurance company in the country, with 18% market share. It began as an auto insurance company, so bundling is an option that can give customers convenience as well as a discount. The company has strong financial backing and serves customers nationwide, offering basic coverage, a wide array of optional add-ons, and many discount options. Unfortunately, the discounts vary from state to state. Discounts are especially limited for homeowners in Pennsylvania, North Dakota, South Dakota, New York, and Alaska. Ultimately, we gave State Farm a high score of 96.60 out of 100 based on various metrics, like coverage, availability, customer service, and more. On State Farm’s Better Business Bureau profile, common complaints cite issues with billing and discounts; whereas, positive reviews note high levels of professionalism.
Pros & Cons of State Farm Homeowners InsuranceCompare the advantages and disadvantages of State Farm home insurance:
How Much Does State Farm Homeowners Insurance Cost?The exact cost of State Farm homeowners insurance depends on a variety of factors, including your property value, house size, the materials your home was constructed with, where you live, the coverage limits you select, the insurance deductible you choose, and more. To give you an example of what plan pricing might look like, we’ve included three sample quotes below for houses in three different cities and states. These insurance quotes are for a 30-year-old male with a clean claims history.
State Farm offers several discounts to help lower the cost of your home insurance coverage. Exact amounts and eligibility may vary depending on your home’s details and location, but here are some examples of possible savings opportunities:
State Farm Homeowners Insurance CoverageState Farm offers industry-standard coverage in addition to several types of optional coverage to round out your homeowners insurance plan.
State Farm also offers a wide range of additional coverage.
State Farm State AvailabilityUnlike many other top players in the industry, State Farm home insurance is available in all 50 states and is an ideal provider for homeowners who want to keep their insurer when moving. It also makes it a perfect option for those who want the same provider for both auto insurance and homeowners insurance. 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 | West Virginia | Wisconsin | Wyoming In addition to being one of the best insurers nationwide, we found it to be one of the best home insurance companies, specifically in California, Florida, Illinois, Michigan, and Virginia.
Reviews of State Farm Homeowners InsuranceState Farm is not accredited by the Better Business Bureau but holds a B- rating from the organization. Its profile notes just over 1 out of 5 stars from customer ratings*. Here’s what some real customers had to say about their experience with State Farm. Toni S. said:
Marylin P. said:
Julie S. said:
*BBB information accurate as of August 2022
Our ConclusionState Farm has a solid reputation and industry-best financial backing as the largest home insurance provider in the country, covering nearly one in five Americans’ homes. The insurance provider offers all basic coverage, in addition to optional coverage for energy efficiency upgrades, water backup, identity theft, and more. The downside to State Farm depends on where you live. In general, many discounts are available to State Farm home insurance policyholders. However, if you live in New York, North Dakota, South Dakota, Alaska, or Pennsylvania, the discounts might be more limited. We gave State Farm a score of 96.60 out of 100. To ensure you find the right provider for your needs, we recommend getting quotes from multiple home insurance companies that serve your area by calling 855-948-5219 or entering your zip code in the tool below:
State Farm Homeowners Insurance vs The CompetitionSee how State Farm stacks up against some of the top Home Insurance providers.
*Lemonade home insurance is not available in AK, AL, AR, DE, FL, HI, ID, KS, KY, LA, ME, MN, MY, NE, NH, NM, NC, ND, RI, SC, SD, UT, VT, WA, WV
Frequently Asked Questions
State Farm has industry-standard coverage, including dwelling, personal liability, personal property, medical expenses, and loss-of-use. Additional coverage is also available. You can use State Farm’s online quote tool, which will ask you questions about your location and your home, including building materials, square footage, year built, and more. Like most homeowners insurance companies, State Farm does not cover damage or destruction caused by floods or earthquakes in its basic policy. The insurance provider covers homes older than 100 years if they have been properly maintained.
Our Rating MethodologyThe This Old House Reviews Team is committed to providing comprehensive and unbiased reviews to our readers. This means earning your trust through transparency and having the data to back up our ratings and recommendations. With that in mind, we created an objective rating system to score each home insurance company. Here’s what that review process looked like:
With this data, we created a rating methodology to score each home insurance company. Our rating system is a weighted, 100-point scale based on the following factors:
The This Old House Reviews Team has a full-time researcher who collects and regularly updates data points from every company to help us compare them on key factors such as coverage, service, and dependability. To share feedback or ask a question about this article, send a note to our Reviews Team at . |