State Farm Home Insurance Review

With an overall MoneyGeek score of 4.5 out of 5, State Farm demonstrates a solid mix of affordability, customer satisfaction and coverage variety. This balance places it among the companies recognized in MoneyGeek’s analysis of the best homeowners insurance options.

Below, you’ll find a breakdown of State Farm’s category-specific scores and national ranks. These results are based on a standard homeowner profile, though your individual experience may differ depending on your location, home value and coverage needs.

*Scores are based on a 2,500-square-foot home, a $250,000 dwelling protection coverage and a $1,000 deductible.

State Farm’s average cost for $250,000 in dwelling coverage is $2,454 per year, based on MoneyGeek’s sample profile. Rates increase with higher coverage limits; for example, a State Farm policy with $1 million in dwelling coverage costs an average of $7,048 annually. Several factors, including location, home age, deductible and credit score, influence overall premiums. 
The table below shows average homeowners insurance costs by dwelling coverage. Toggle to compare rates and find cheap homeowners insurance options that match your needs.

State Farm’s home insurance costs differ depending on where you live, as local weather patterns, construction expenses and state regulations all affect premiums. In Iowa, the average annual cost is $2,215, compared to $1,188 in Nevada, where coverage is more affordable. The map below outlines the company’s homeowners insurance availability for policies with $250,000 in dwelling coverage and a $1,000 deductible.

Note: Data above is for states the company is available in. If the company is not available in the state, “No Data” will be displayed.

State Farm offers four homeowners insurance discounts, though the options you qualify for depend on your state. For example, you can save through a home security discount when you install fire, smoke or burglar alarms. Explore the table below to see how each discount works and what you need to do to qualify.

Every State Farm policy includes the six core types of homeowners insurance coverage that safeguard your property and personal assets. Review the list below to see exactly what home insurance covers under a typical State Farm policy.

State Farm offers five additional coverages, also known as endorsements, that homeowners can add to strengthen their protection. An endorsement is an optional add-on that extends your policy’s limits or provides coverage for risks not included in standard home insurance.

Review the table below to learn about each endorsement and what it covers. Note that availability varies by state, so check with your local agent to see which options apply to you.

While State Farm’s homeowners insurance provides broad protection, it excludes certain types of risks. Understanding these exclusions helps homeowners know when extra coverage may be necessary.

You can buy home insurance from State Farm online or by working directly with a local agent. Both options let you compare coverage, customize limits and get help choosing the right protection for your home.

Filing a home insurance claim with State Farm is simple and can be done online, through the mobile app or by contacting your local agent. Acting quickly after a loss helps you start repairs sooner and get reimbursed for covered damages.

State Farm earns a MoneyGeek score of 4.5 out of 5, showing its strong balance of affordability, service and coverage options. A policy with $250,000 in dwelling coverage costs about $2,454 per year, giving homeowners solid value for dependable protection.

You can expand your coverage with options like water backup, home systems protection and identity theft restoration to fit your needs. Homeowners can also save through discounts for home security systems, impact-resistant roofing and other qualifying features that reward smart, proactive upgrades.

Below are answers to frequently asked questions about State Farm home insurance:

MoneyGeek evaluated State Farm’s homeowners insurance using a consistent national profile to compare affordability, service quality and coverage options against other providers.

We used the following base profile to determine State Farm’s rates and assess its affordability:

• Middle-aged homeowner (41 to 60)
• 2,500-square-foot house
• $250,000 dwelling coverage
• $125,000 personal property coverage
• $200,000 liability coverage
• Good credit
• No claims in the past 5+ years

Our ratings system for State Farm included the following scoring mechanisms:

• Affordability (55% of score): We compared State Farm’s rates for the base profile against the national average and similar competitors.
• Customer experience (35% of score): We analyzed consumer feedback, J.D. Power rankings and AM Best financial strength ratings to gauge overall service quality.
• Coverage (10% of score): We reviewed State Farm’s available coverages and optional add-ons to measure variety and value beyond standard protection.