Largest property and casualty insurance provider in the US, serving approximately 84 million policies across all lines.
I have my home, car, and life insurance all with State Farm. Multi-policy discounts are generous, and the online management portal makes it easy to view and update all policies. When I needed to adjust my coverage, the process was seamless. Renewal quotes have been competitive year after year.
Pros: Multi-policy discounts, easy management, competitive renewals
Cons: Phone wait times can be long
My initial quote from State Farm was very competitive. However, the renewal price was 30% higher with no claims made. Had to phone and negotiate to get a reasonable price. The policy itself is fine but the practice of inflating renewal prices is frustrating and feels dishonest.
Pros: Good initial pricing, adequate coverage
Cons: Renewal price inflation, need to negotiate annually
I never thought I'd be enthusiastic about an insurance company but State Farm exceeded all expectations. When I needed to make a claim after a burglary, the process was smooth, the assessor was fair, and the payout was processed within 10 days. Communication throughout was excellent. That's exactly what you pay insurance for.
Pros: Fast claims processing, fair assessment, great communication
Cons: Premium is slightly above average
Paid premiums to State Farm for years without any issues. When I finally needed to make a legitimate claim, they found every possible reason to reduce the payout. The process took three months, involved multiple assessors, and the final settlement was far less than the replacement value. Very disappointing.
Pros: Premiums are collected efficiently
Cons: Adversarial claims process, undervalued settlements
Setting up life insurance with State Farm was easier than I expected. The underwriting process was transparent, the medical screening was simple, and the policy was issued quickly. The price was very competitive for my age and health profile. Gives my family peace of mind.
Pros: Easy setup, transparent underwriting, competitive pricing
Cons: Limited online self-service options