The largest auto insurer in the US by market share. State Farm's 19,000 plus agent network is unmatched. Best for drivers who want a local relationship and comprehensive coverage options. Founded in 1922 and headquartered in Bloomington, IL, State Farm holds an AM Best financial strength rating of A++ and scored 882 out of 1000 on the J.D. Power 2026 U.S. Auto Insurance Study.
State Farm Pros and Cons
- Largest US agent network
- Strong financial stability
- Drive Safe and Save program
- Steer Clear for teen drivers
- Rates above national average
- No gap insurance in most states
- Online experience lags competitors
Bottom line: State Farm is best for Drivers who prefer local agent relationships.
State Farm Rates by Driver Profile
| Driver Profile | Estimated Annual Rate | vs. National Average | Assessment |
|---|---|---|---|
| Clean record — 35, good credit | $1,397 | $607 below avg | Competitive |
| One speeding ticket | $1,746 | +25% surcharge | Forgiving |
| At-fault accident | $2,025 | +45% surcharge | Standard surcharge |
| DUI conviction | $2,486 | +78% surcharge | Higher than average surcharge |
| Teen driver added | $2,542 | +82% surcharge | Good teen discounts available |
State Farm Coverage Options
State Farm offers standard auto insurance coverage types including liability, collision, comprehensive, uninsured motorist, and medical payments. Gap insurance is not available directly from State Farm — you may need to purchase it from your dealer or a third party. Rideshare coverage for Uber and Lyft drivers is available from State Farm.
Is State Farm Right for You?
State Farm is an excellent choice for Drivers who prefer local agent relationships. Our recommendation is to always compare State Farm's rate against at least 3 other insurers before committing. Insurance rates are highly individualized and the cheapest insurer varies by your specific driver profile, location, and vehicle. A comparison shopping session takes 10 minutes and can save you $400 to $2,000 per year.