State Farm Car Insurance Review for June 2022 – Auto

State Farm ranks second overall in our 2022 Best Car Insurance Companies rating. It performs well in several key categories, including customer loyalty, customer recommendations, and policy renewals. Yes, state firm is good car insurance for most drivers. Based on the results of our customer survey, State Firm ranked 2nd in 2022 among our best car insurance companies with a score of 4.2 out of 5. Each subcategory we analyzed, including customer, has an average score of satisfaction, claims management, policy renewal, and customer recommendation.

State Firm also has a competitive rate and is ranked 3rd in the list of our cheapest car insurance companies. The average state firm pays customers 1,267 a year for coverage, about 17% less than the national average of $ 1,529. USAA and Geico are the only two insurers in our study who offer lower average rates.

State Farm Car Insurance

State Farm is the nation’s largest private passenger auto insurer, but it offers a wide variety of other insurance and financial products, sold exclusively by State Farm agents. If you’re looking for a well-known brand name with a generous selection of products and consumer-friendly pricing, State Farm might be right for you.

State Farm is among NerdWallet’s Best Car Insurance Companies.

State Farm Rates for Teen Drivers

17-YEAR-OLD FEMALE 17-YEAR-OLD-MALE
State Farm $3,233 $3,958
National Average $4,962 $5,661

Teen drivers typically pay more for car insurance since they have limited experience behind the wheel. However, drivers that choose State Farm may see rates that are below the national average. Female teen drivers save about 40% when compared to the national average. Male teen drivers typically save about 35%. If you have a teen driver on your policy, it’s also a good idea to consider USAA and Geico, both of which offer competitive rates.

State Farm Rates for Young Adult Drivers

25-YEAR-OLD FEMALE 25-YEAR-OLD MALE
State Farm $1,367.69 $1,527.61
National Average $1,734 $1,842

Drivers in their mid twenties usually see lower rates than teens, and that’s true with State Farm. It offers the third-lowest rates for drivers in this category, with rates that are 24% to 27% lower than the national average. If you fit into this category, also consider USAA and Geico, both of which offer rates that are lower than those offered by State Farm.

State Farm Rates for Adult Drivers

35-YEAR-OLD FEMALE 35-YEAR-OLD MALE
State Farm $1,234 $1,234
National Average $1,476 $1,485

State Farm has the third-lowest average rates for adult drivers in their mid-thirties. Both male and female drivers in this category can see rates that are 23% lower than the national average. USAA has the lowest rates for adult drivers, but if you’re not eligible for membership, you may also want to consider Geico and Nationwide.

State Farm Rates for Senior Drivers

60-YEAR-OLD FEMALE 60-YEAR-OLD MALE
State Farm $1,120 $1,120
National Average $1,332 $1,365

Senior drivers insured through State Farm pay the same average rates, regardless of being male or female. State Farm holds its third-place position in this category as well, with rates that are lower than six of the other insurers we analyzed. On average, drivers in this category pay 22% to 24% less than the national average.

State Farm Rates After a Speeding Ticket

RATE AFTER ONE SPEEDING TICKET
State Farm $1,409
National Average $1,911

Even one speeding ticket can cause your auto insurance premiums to increase, but you can still find good rates by looking around and comparing quotes. State Farm moves up in this category, cinching the No. 2 spot for lowest rates after a speeding ticket. Its average rate is nearly $500 lower than the national average. Only USAA, which is only available to members of the military community, has lower rates.

State Farm Rates After an Accident

RATE AFTER ONE ACCIDENT
State Farm $1,516
National Average $2,180

An accident can negatively affect your rates, especially if you’re at fault. However, State Farm has some of the lowest rates for drivers with an accident on their record. Generally, drivers who fit into this category can expect rates that are 30% lower than the national average. American Family also offers competitive rates for drivers with an accident on their record.

State Farm Rates After a DUI

RATE AFTER ONE DUI
State Farm $1,711
National Average $2,601

DUIs can lead to significant rate increases, but drivers who have one on their record may be able to find some savings with State Farm. Its rates for drivers with DUIs are the lowest among the insurers we analyzed. On average, drivers in this group see rates that are nearly 70% lower than the national average. American Family’s rates are only $44 higher than State Farms, making it another insurer worth considering.

State Farm Rates for Drivers with Poor Credit

RATE FOR POOR CREDIT
State Farm $3,654
National Average $2,757

Like a speeding ticket or at-fault accident, a poor credit history often leads to higher car insurance premiums. State Farm may have competitive rates in other categories we analyzed, but that’s not the case for drivers with poor credit. State Farm’s average rates are 33% more than the national average and the second-highest among the insurers we analyzed. USAA, Geico, and Nationwide have the lowest rates.

RATE FOR LOW COVERAGE
State Farm $1,191.25
National Average $1,463

Most states require drivers to carry minimum coverage, though how much and what type of coverage is required varies. Based on our data, State Farm has the third-lowest minimum coverage rates, beating the national average by more than $260 a year. USAA and Geico are first and second, respectively, for the year.

Learn more in our How Much Car Insurance Do I Need? guide.

RATE FOR HIGH COVERAGE
State Farm $1,348.45
National Average $1,621.76

High coverage and full coverage policies are typically more expensive than minimum coverage policies, but they can offer extended financial protection to some drivers. State Farm has the fourth-lowest average rates for drivers shopping for high coverage. Its rates are nearly 17% lower than the national average.

State Farm Customer Service

State Firm ranks 2nd among our best for customer service subscribing. Based on the results of our customer survey, State Firm scored 4.35 out of 5. Ninety-nine percent of State Firm customers who have not filed a claim say they are satisfied with the ease of communication with customer service and the service they have received. Customers who submitted a claim received a similar response, although the satisfaction rate dropped slightly to 56%.

State farm claims handling

State Firm is ranked 5th in our Best for Claim Handling category, scoring 4.2 out of 5. About 56% of state firm customers say they are completely satisfied with the ease of claiming. About 55% of customers say they are completely satisfied with how the company has resolved their claim. Although state firm scores are generally above average, less than half of those surveyed say they are satisfied with the communication they have had during their claims experience.

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