State Farm is available nationwide, but not all of its endorsements can be purchased in every state, so if you need specific coverage, it may not be an option where you live. It has one of the least expensive premiums in our rating, with an average monthly premium of $170 for a $300...
State Farm earned a NerdWallet 5-star rating for its generous coverage options, expansive discount offerings and above average customer satisfaction.
Rating breakdown State Farm Home Insurance: Ratings Breakdown Learn more about how State Farm earned its scores in our 2024 study in the table below. State Farm State Availability State Farm sells homeowners insurance policies in 47 U.S. states, except California, Massachusetts and Rhode Island....
Moody’s letter grade rating system uses letter grades from AAA (highest) at the top signalling financial stability to C (lowest) at the bottom of the scale, signalling a financially unstable company. In the case of State Farm, Moody’s granted the insurance group one of the highest ratings...
Moody’s RatingMoody’s rating looks at how well a company can pay off its debts (its creditworthiness). The agency gives State Farm an Aa1 rating which falls into the P-2 category. This score demonstrates that the entity’s obligations are of “high quality, and subject to very low ...
State Farm's financial stability score is 5 out of 5, which is high compared to other providers. With an AM Best Rating of A++, State Farm stands out as financially stable and reliable compared to other insurance companies. This means it has the resources to fulfill claims, even in widesp...
State Farm’s standard homeowners insurance policy only covers damage from roof leaks if the leak was caused by a catastrophic peril like a storm. It would not be covered if the leak was due to poor maintenance. Damage that is the result of a roof leak may be covered. This may depend ...
Home Rating: 4.1 stars out of 5 4.1 Life Rating: 4.9 stars out of 5 4.9 About Bankrate Score Bankrate's take State Farm may be a good option for drivers and homeowners seeking highly-rated customer service or straightforward home and auto policies managed by a local agent. It’s also...
State Farm has a score of 0.2, which means it receives fewer complaints than expected for a company of its size. (The expected number would be 1.0.) Transparency 4.3/5 Our transparency rating scale measures how easily shoppers and policyholders can find information about an insurer on its ...
In our State Farm insurance review, we discuss how you could qualify for State Farm insurance rates starting as low as $11/mo, or you may find cheaper quotes when you comparison shop online. State Farm offers term and whole policies and is preferred according to their A++ rating from A....