State Farm is not an expensive insurance company. The company ranks fifth in Wallethub's cheapest car insurance companies nationwide ranking with an average cost of $919 per year. Your premium however will vary based on the policies you select, your driving record, and your area of residence, among others.
In a nutshell, State Farm is not a very expensive company but it’s also not the cheapest company. Although cost is a deciding factor when it comes to insurance for most people, our advice would be to see what your options are from multiple companies. After you decide on the type of policy you want to have, you can start comparing premiums and include costs in your final decision.
Yes, State Farm insurance rates are competitive, as the company is one of the 10 cheapest auto insurers nationally, according to WalletHub analysis. State Farm car insurance customers pay an average of $718 per year for coverage. State Farm's car insurance rates are based on your driving record and experience, along with factors like the type of car you drive, your ZIP code, your insurance history, and more. Your coverage and deductible choices also impact...
The best car insurance for new drivers under 25 years old is from companies like Allstate, Geico, Progressive, and Safeco. They are among the cheapest car insurance companies for drivers of all ages, both under 25 and older, according to WalletHub’s Cheap Car Insurance Report. These companies provide a variety of coverage choices at affordable prices, along with numerous discounts applicable to drivers under 25.
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