When you’re shopping for auto insurance coverage, there are a few key things you need to decide:
Which company are you going to buy the plan from?
How much coverage are you going to buy?
Are you going to purchase any additional riders?
Do you feel like you’re spinning in circles trying to find the best plan?
We’re here to help.
We can be your road map to get you from expensive auto insurance to an affordable policy.
Let’s imagine a scenario.
You’re driving home from work one day.
You have the radio on, you’re thinking about the big project you have coming up at work.
The next thing you know, BAM!
The car in front of you slammed on their brakes and you couldn’t stop in time.
There are thousands of car accidents every day, which is why investing in a quality auto insurance plan is so important.
History of State Farm
When you think of State Farm, you can probably hear the jingle in your head, “like a good neighbor, State Farm is there” (fun fact, the jingle was written by Barry Manilow in 1971!).
You know the logo, you know the song, but do you know how the company started?
State Farm started with the simple idea, “operate fairly and do the right thing for our customers.”
State Farm began selling policies in 1922, and they have carried this same vision for almost 100 years.
The company was created as an auto insurance provider, and they focused primarily on providing car insurance to farmers (hence the name).
According to State Farm’s website, they are the leading auto insurance and home insurance carrier in the United States.
They have around 44 million auto insurance policies, and they sell around 100 different products.
As of 2014, they were holding more than 80 million policies between the U.S. and Canada, and they go through more than 38,000 claims every day.
Auto Insurance from State Farm
Let’s look at the coverage you can get through the company.
State Farm has all of the traditional areas of coverage, as you can see below:
- Collision – Collision coverage pays to fix any damage to your car or anything you collide with.
- Comprehensive – Comprehensive coverage is the “catch-all” of car insurance. Comprehensive pays for damages not covered under collision such as fire, theft, damage from animals, and more.
- Liability – More than likely, there will be more than one person involved in the accident. Liability will pay for the medical bills of the other driver/passengers.
- Uninsured/Underinsured Motorist – What happens if the other driver doesn’t have car insurance? Yes, it’s the law, but not everyone obeys this law. These two parts of the coverage will pay for the areas which should be paid for by the other person’s insurance.
- Medical Payments – Hospital bills or funeral expenses can be costly. Those medical bills can quickly equal thousands and thousands of dollars. This coverage helps pay for those bills.
Aside from the standard parts of auto insurance, State Farm has a few more kinds of coverage you can add to your plan.
There are two kinds of supplemental auto coverage you can get from State Farm:
- Emergency Road Service
- Rideshare Driver Coverage.
Let’s look at Emergency Road Service protection first.
Just imagine you’re on your way to work one morning, and then your car breaks down.
You don’t know what’s wrong with it or what to do.
If you have Emergency Road Service coverage, all you have to do is make one phone call.
If you opted for the roadside assistance insurance, then all you have to do is call your agent.
It’s as simple as that.
This part of your coverage will pay for a mechanic to come out and work on your car (for up to an hour) and towing to the nearest repair shop.
It can also pay for gas to be delivered to your car if you run out.
Now, let’s look at Rideshare Coverage.
Driving for rideshare programs like Lyft or Uber is an excellent way to earn some extra cash in your free time.
When you’re driving for these companies, you want to know you and your riders have the best auto insurance protection possible.
This is why you should consider adding State Farm’s rideshare insurance to your plan.
When you are driving for the rideshare company, this kind of protection will increase the amount of coverage you have with your standard auto insurance plan.
Drive Safe & Save Program
One of the cool things State Farm is doing for their customers now is rewarding them for their safe driving.
These programs are becoming more and more popular with some of the big-name carriers.
The program is simple.
You sign up, download the app or use OnStar services, and allow State Farm to see how you drive.
Depending on how you drive and your coverage, you can save up to 50% on your premiums.
State Farm will look at how much you drive, how safely you drive, and when you drive.
They are going to review all this info and then decide if you are safe enough for a discount.
Steer Clear Safe Driver Program
If you have a kid who is driving, or you’re a driver under the age of 25, then you could take advantage of the Steer Clear program.
As long as you don’t have any accidents on your driving record (that you were at fault for), you or your child could earn some savings.
To get in the discount program, you just have to go through a couple of steps.
If you’re under 19, you have to watch a quick video, and regardless of your age, you have to go through and sign all of the paperwork.
After this, just complete the Trip Log in 60 days and then take all of these papers to a local State Farm agent.
Advantages of State Farm Auto Insurance
There is a reason State Farm is one of the largest car insurance companies out there.
Millions of people can’t be wrong, can they?
One reason a lot of policyholders love State Farm is because of the Drive Safe & Save program.
There are several companies with similar programs, but almost none of them can save you as much as State Farm.
Another benefit of State Farm is their mobile app.
With the State Farm app, you can do everything from looking at the info on your plan to making a claim.
State Farm wants to make it as simple as possible for customers to access their coverage.
While there are a lot of great parts of State Farm, there are a few disadvantages as well.
You need to weigh the bad as well as the good.
One of them is the lack of additional coverage options and discount opportunities.
There are other companies which offer dozens of discounts.
State Farm doesn’t have all the choices.
When it comes to cost, State Farm is somewhere in the middle (before the safe driving discount).
When you run the numbers, State Farm probably won’t be the cheapest, but they aren’t the most expensive either.
Final Verdict on State Farm
State Farm is one of the largest auto insurers in the United States.
Just because they are popular doesn’t mean they are right for you.
You need to look at your needs and decide if they are a perfect fit for you and your car.
If you need help picking a company to protect your ride, we can help.
We’ve worked with thousands of people to stop spinning their wheels.
If you want to see how much a State farm policy will cost you, you can use our free quoter tool on the side of the page.