State Farm is one of the largest and most well-known car insurance companies in the United States. If you are looking for quality coverage at an affordable price, State Farm may be a good option. While there are plenty of things worth discussing about State Farm car insurance, here are five of the most important things to know:
Brief Overview of State Farm Car Insurance
State Farm is the largest auto insurance company in the United States. Established in 1922, it offers a wide range of insurance products, including auto and home insurance. According to data from the National Association of Insurance Commissioners, the company insured private passenger automobiles for $41.6 billion last year. That figure is a whopping $4 billion more than its closest competitor—Geico.
People often prefer engaging with local agents. To that end, State Farm excels. The company has more than 19,000 agents across the country, except in Massachusetts and Rhode Island. This means it’s likely you won’t have a tough time dealing with a State Farm agent wherever you may be.
5 Things You Should Know About State Farm Car Insurance
Now that we’ve given you a brief overview of State Farm car insurance, here are five things you should know about the company:
1) State Farm Has an A+ Rating With The Better Business Bureau
Since 1922, State Farm has built a reputation for being a reliable and trustworthy company. That reputation is reflected in its A+ rating with the Better Business Bureau. The BBB is an organization that tracks customer complaints and evaluates businesses on their response to those complaints.
State Farm consistently ranks highly with the BBB, indicating how responsive it is to customer concerns and resolves any issues quickly and fairly. State Farm’s long history of excellent customer service is just one more reason it’s one of the leading auto insurance providers in the United States.
If you would like to learn more about the company from previous clients’ perspectives, you can go online and read as many State Farm insurance reviews as possible. Keep in mind that while State Farm is an excellent company with plenty of satisfied customers, it’s not perfect. No insurance company is. But if you’re looking for a reliable and affordable provider, State Farm should definitely be at the top of your list.
2) State Farm Is One of the More Affordable Insurance Companies
There are a lot of factors to consider when choosing a car insurance company. Cost is undoubtedly one of the most important. It’s also important to find a company that offers good coverage and excellent customer service. State Farm is one of the more affordable car insurance companies, making it a good option for budget-minded consumers.
Research shows that comprehensive coverage from State Farm costs around $1,339 per year, considerably less than other car insurance providers. Of course, rates will vary depending on several factors, including your driving record, where you live, and the type of car you drive. But under similar situations, State Farm is a relatively affordable option.
3) State Farm Offers Numerous Discounts
In addition to being one of the more affordable car insurance companies, State Farm also offers numerous discounts that can help you save more money on your premiums. Some of the most common discounts include the good driver discount, the multiple policy discount, the safe driver discount, and the good student discount.
The good driver discount is given to insurance holders who go three years or more without getting into an accident or receiving a traffic violation. The multiple policy discount is available to customers with more than one type of insurance policy with State Farm, such as auto and home insurance. There are plenty of other discounts that State Farm offers, so be sure to ask your agent about all the possibilities.
4) State Farm Offers a Driving Refresher Course
State Farm’s Steer Clear Driver Program is an excellent way for young drivers to get a discount on their car insurance. The program is available to drivers aged 16-24, and it helps them develop safe driving habits. To participate in the program, drivers must complete an online course and an additional driving practice.
The course covers topics such as defensive driving and accident prevention. After completing the course, drivers are eligible for a discount on their insurance premiums.
5) State Farm Also Has a Usage-based Program
State Farm’s Drive Safe & Save program is a usage-based insurance program that rewards safe driving. The program uses a telematics device to track your driving habits. You can receive discounts of up to 30% if you meet the program’s safety criteria. The device is easy to install, and you can start saving on your insurance premiums as soon as it’s activated.
The Bottom Line
There are many things to consider when choosing a car insurance company. But if you’re looking for an affordable provider with a long history of excellent customer service, State Farm is a great option. Ask about discounts and take advantage of their Steer Clear Driver Program and Drive Safe & Save program to get the best possible rate.