How Much Are State Farm Car Insurance Quotes?

With average annual rates of $1,481 for full coverage and $543 for minimum coverage, State Farm is among the most affordable insurers in the nation

State Farm is not only the biggest car insurance provider in the United States but also offers some of the most budget-friendly rates to drivers all over the country. Their average prices for full car insurance coverage are lower than the state averages in 36 out of 48 states they operate in, including Washington, D.C. State Farm’s affordable policies are one of the reasons why we consider them among the top car insurance companies.

In this article, our team at MarketWatch Guides will examine the typical costs of State Farm auto insurance for different types of drivers. Whether you’re seeking economical car insurance or more extensive coverage, we’ll guide you in the right direction.

Key Takeaways:

  1. State Farm’s full-coverage car insurance costs about $1,481 each year or $123 every month, which is 14% less expensive than the national average.
  2. They also offer some of the most affordable minimum-coverage insurance, with an average rate of $543 annually or $45 per month.
  3. State Farm customers have the opportunity to save on their rates through usage-based insurance programs and various types of discounts.

How Much Are State Farm Car Insurance Quotes?

Our research indicates that drivers with clean records and good credit typically pay an average of $1,481 annually or $123 per month for full-coverage car insurance provided by State Farm. Similarly, State Farm customers with the same driver profile pay around $543 annually or $45 per month for minimum liability insurance. It’s worth noting that both of these average costs from State Farm are below the national averages.

How Much Are State Farm Car Insurance Quotes?

State Farm Full-Coverage Insurance Quotes

State Farm’s full-coverage insurance is approximately 14% less expensive than the national average, which stands at $1,730 per year or $144 per month. Full-coverage car insurance policies meet the minimum requirements for property damage and bodily injury set by the state, and they also include collision and comprehensive coverage. These coverages offer protection for your vehicle in case of accidents, weather-related incidents, vandalism, or other damages.

Because full-coverage policies provide more extensive protection, they come at a higher cost compared to minimum coverage. It’s important to note that they also require a deductible to be paid before the policy starts to cover expenses.

In the section below, we’ll compare State Farm’s average rates for full-coverage insurance with those offered by other top insurance providers.

State Farm Minimum-Coverage Insurance Quotes

State Farm also offers budget-friendly rates for minimum-coverage insurance, which are approximately 14% lower than the national average of $635 per year or $53 per month. This type of coverage, known as liability coverage, satisfies all the state’s mandatory car insurance requirements and assists in covering property damage and medical payments for other parties if you’re responsible for an accident.

Now, let’s compare State Farm’s costs for minimum-coverage insurance with those of other leading insurance providers.

Car Insurance ProviderAverage Monthly CostAverage Annual Cost
USAA$28$333
Geico$39$468
State Farm$45$543
Nationwide$51$613
Market average$53$635
American Family$57$685
Progressive$57$687
Allstate$60$725
Travelers$61$730
Farmers$73$881

Factors Influencing State Farm Car Insurance Quotes

A State Farm insurance agent considers various factors when determining insurance premiums, which include:

Factors Influencing State Farm Car Insurance Quotes
  • Age: A driver’s age plays a significant role in influencing insurance costs. Young drivers typically have to pay higher premiums.
  • Driving History: Individuals with clean driving records enjoy the best auto insurance rates. Incidents like DUIs, speeding tickets, and other moving violations can substantially increase your premiums.
  • Vehicle Type: The type of vehicle you drive matters. Cars with more powerful engines or fewer safety features often result in higher insurance rates for drivers.
  • Marital Status: Married drivers generally pay slightly lower car insurance rates compared to single drivers.
  • Credit History: In many states, having a low credit score can lead to higher car insurance rates.
  • Coverage Type: Insurance companies offer different levels of coverage. A full-coverage policy will typically cost more than a minimum-coverage policy.

These factors collectively influence the amount you’ll pay for your car insurance.

State Farm Car Insurance Quotes by Age

Age stands out as one of the most critical factors in determining auto insurance rates. Typically, policyholders who are teenagers or young adults face substantially higher premiums compared to their older counterparts.

Take a look at the average costs for a full-coverage State Farm policy for drivers of different ages.

AgeState Farm Average Monthly CostState Farm Average Annual Cost
16$346$4,146
17$310$3,714
18$279$3,340
19$244$2,924
21$194$2,322
25$141$1,686
30$126$1,515
40$124$1,483
50$123$1,477
65$122$1,466
75$127$1,520

State Farm Car Insurance Quotes for High-Risk Drivers

Getting speeding tickets, DUIs, or being involved in accidents can cause your State Farm car insurance premium to increase significantly, often by as much as 20% or even more. Learn more about how accidents and violations can impact your rates below.

Driver ProfileState Farm Average Monthly CostState Farm Average Annual CostNational Average Annual Cost
Good credit and driving history$124$1,497$1,816
Recent speeding ticket$149$1,794$2,313
DUI$181$2,180$3,277
Recent accident$156$1,882$2,689

State Farm Car Insurance Quotes by State

State Farm offers comprehensive auto insurance policies at rates that are lower than the average in 36 out of 48 states and in Washington, D.C. This makes State Farm a great choice if you’re looking for affordable car insurance coverage.

StateState Farm Average Annual CostStatewide Average Annual Cost
Alabama$1,555$1,479
Alaska$1,244$1,400
Arizona$1,549$1,754
Arkansas$1,223$1,525
California$2,653$2,089
Colorado$1,536$1,860
Connecticut$1,473$2,999
Delaware$1,265$2,169
Washington, D.C.$1,699$1,903
Florida$1,974$2,947
Georgia$1,777$1,617
Hawaii$3,979$1,819
Idaho$679$1,069
Illinois$1,201$1,347
Indiana$983$1,332
Iowa$843$1,181
Kansas$1,300$1,471
Kentucky$1,267$1,779
Louisiana$2,099$2,783
Maine$862$964
Maryland$1,915$1,818
Michigan$4,013$3,785
Minnesota$1,228$1,632
Mississippi$1,270$1,434
Missouri$1,339$1,734
Montana$1,247$1,938
Nebraska$1,635$1,622
Nevada$1,520$2,149
New Hampshire$851$1,349
New Jersey$2,070$2,037
New Mexico$1,152$1,449
New York$2,945$2,783
North Carolina$1,176$1,368
North Dakota$1,109$1,366
Ohio$917$1,027
Oklahoma$1,251$1,726
Oregon$1,000$1,334
Pennsylvania$1,349$1,647
South Carolina$1,430$1,665
South Dakota$1,311$1,652
Tennessee$1,351$1,281
Texas$1,827$1,752
Utah$1,593$1,507
Vermont$757$1,056
Virginia$1,076$1,142
Washington$1,408$1,438
West Virginia$1,139$1,537
Wisconsin$982$1,219
Wyoming$1,448$1,767

State Farm Car Insurance Discounts for Quotes

State Farm offers various ways to help you save on car insurance premiums. Alongside their already competitive rates, State Farm customers can benefit from the following discounts:

State Farm Car Insurance Discounts for Quotes
  • Multi-policy discount: Combine your auto insurance with renter’s insurance, homeowner’s insurance, or life insurance to receive a discount.
  • Multi-car discount: If you have more than one vehicle, you can save on your overall insurance costs by insuring both cars under the same policy.
  • Good driver discount: Keep your insurance premiums lower by maintaining an accident-free record and avoiding speeding tickets and other traffic violations.
  • Good student discount: Full-time students with good grades can reduce their insurance premiums by as much as 25%.
  • Student away at school discount: Save money when your student under 25 is away at school and not using their car.
  • Vehicle safety discount: If your car has modern safety features like anti-theft systems, you can qualify for discounted insurance premiums.

These discounts can help make your car insurance more affordable while ensuring you still have the coverage you need.

State Farm offers two programs to help you save on your insurance:

Drive Safe & Save Program:

This program uses telematics to reward safe driving. Customers receive a Bluetooth device for their car that tracks how they drive, including acceleration, braking, and cornering. If you drive safely, you could save up to 30% on your insurance premiums.

Steer Clear:

If you’re a teen or young adult driver, you can get discounts by joining State Farm’s Steer Clear training program. This program includes lessons, videos on safe driving, and quizzes through the Steer Clear app. Drivers also need to complete five hours of practice driving. Once you finish the program, you’ll receive a certificate of completion that can earn you a discount on your policy. To learn more about Steer Clear program discounts in your area, talk to your State Farm agent.

State Farm Car Insurance Quotes: FAQ

Here are some commonly asked questions about the cost of State Farm car insurance:

Is State Farm expensive?

State Farm offers competitive rates for all their auto insurance products. In fact, their full-coverage car insurance premiums are 14% lower than the national average, making State Farm an affordable choice for most drivers.

Is State Farm good insurance?

State Farm has been providing quality and reliable auto insurance for over a century. They consistently receive high customer satisfaction ratings and hold an A+ rating from the Better Business Bureau (BBB).

Where can I get State Farm car insurance?

You can get State Farm car insurance through their thousands of agents available in every U.S. state except Massachusetts and Rhode Island. To find a State Farm agent near you, visit their website.

Conclusion

State Farm has become the largest auto insurance provider in the nation by offering a wide range of effective insurance options, delivering excellent customer service, and providing insurance at rates lower than the national average. Additionally, the company offers multiple ways for customers to save money, whether through safe driving habits or by bundling different insurance products.

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