State Farm Home Insurance Review

With a 4.5 out of 5 MoneyGeek score, State Farm stands out for dependable affordability, strong customer service and robust coverage choices. A typical homeowner pays around $2,454 annually for $250,000 in dwelling coverage with State Farm.

Find out if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: November 10, 2025

Advertising & Editorial Disclosure

State Farm

MoneyGeek Rating

4.5/ 5

4.7/5Affordability

4.3/5Customer Experience

4/5Coverage Points

Average Annual Premium
$2,454
Number of Endorsements
5
Number of Discounts
4

pros
- High MoneyGeek score of 4.5 out of 5 for strong affordability and service
- Offers valuable add-ons like water backup and home systems protection
- Wide range of discounts, including home security and roofing savings
- Backed by a large national network of local agents
cons
- Discount availability varies by state
With a MoneyGeek score of 4.5 out of 5, State Farm ranks among the top home insurance providers for its mix of affordability, customer experience and comprehensive coverage options. It remains a popular choice for homeowners who want reliable support and customizable protection.

Optional coverages like identity theft protection, which reimburses expenses related to identity fraud, and personal articles coverage, offering replacement cost protection for valuables, add flexibility to standard policies. Homeowners can also save through wind mitigation discounts in qualifying states and home security discounts for installing fire or burglar alarm systems.

Key Takeaways

State Farm earned a strong customer experience score of 4.31 out of 5, supported by reliable service and agent accessibility.

It has a 4.73 score in affordability, with an average annual cost of $2,454 for $250,000 in dwelling coverage.

Homeowners can enhance protection with optional coverages like water backup, home systems protection and identity theft restoration

State Farm Home Insurance Ratings: MoneyGeek’s 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.


Overall	4.50	6
Affordability	4.73	9
Customer Experience	4.31	4
Coverage	4.04	7

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

How Much Does State Farm’s Homeowners Insurance Cost?

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.

Data filtered by:


$100K Dwelling / $50K Personal Property / $100K Liability	$108	$1,301
$250K Dwelling / $125K Personal Property / $200K Liability	$204	$2,454
$500K Dwelling / $250K Personal Property / $300K Liability	$317	$3,806
$750K Dwelling / $375K Personal Property / $500K Liability	$445	$5,340
$1MM Dwelling / $500K Personal Property / $1MM Liability	$587	$7,048

State Farm Homeowners Insurance Cost by State

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.

Hover over the map to see data for a state

Note: Data above is for states in which MoneyGeek was able to collect data. It is not reflective of the company's availability in the state.

State Farm Homeowners Insurance Discounts

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.


Home security discount	Save on your premium by installing approved protective devices such as smoke detectors, fire alarms or monitored security systems.
Roofing discount	Get a discount when you use qualifying impact-resistant or class 4 roofing materials and complete the certification form for verification.
Wind mitigation discount	Earn savings if your home meets FORTIFIED building standards, Florida Building Codes or other approved construction criteria.
Wildfire mitigation discount	In California, qualify for discounts when you take wildfire prevention measures or live in a designated fire-safe community.

What Does State Farm Homeowners Insurance Cover?

: Every State Farm policy includes six core types of homeowners insurance coverage protecting your property and personal assets. The list shows what home insurance covers under a typical State Farm policy:

Dwelling Coverage

Dwelling coverage insures your home’s main structure, including attached features like walls, floors and roofs, against damage from covered events. It provides the funds needed to repair or rebuild your home after a loss.

Other Structures Coverage

Other structures coverage safeguards detached structures on your property, such as garages, fences and sheds. It pays for repairs or replacement when these are damaged by a covered peril.

Personal Property Coverage

Personal property coverage protects your belongings, from clothes to appliances, against theft or damage. It covers your items both at home and when they’re temporarily outside your property.

Personal Liability Coverage

Personal liability coverage helps cover costs if you accidentally cause injury or property damage to someone else. It also pays for legal defense and court-related expenses.

Medical Payments Coverage

Medical payments coverage provides limited reimbursement for medical expenses if someone is hurt on your property. It’s designed for small, no-fault claims to help guests recover quickly.

Loss of Use Coverage

Loss of use coverage pays for living expenses like temporary housing and meals when your home is under repair after a covered loss. It ensures you have a place to stay until your home is safe to return to.

Optional Home Insurance Coverages from State Farm

State Farm offers five additional coverages (endorsements) you can add for extra protection. Endorsements extend your policy's limits or cover risks standard home insurance excludes.

The table shows each endorsement and what it covers. Availability varies by state, so check with your local agent about which options you can buy.


Water Backup	Covers water damage caused by backed-up sewers or drains that isn’t included in standard home insurance.
Home Systems Protection	Helps repair or replace essential systems and appliances that break down due to mechanical or electrical failure.
Identity Theft	Provides coverage, for an annual fee of $25, to help pay for expenses and recovery costs related to identity fraud.
Scheduled Personal Property	Offers replacement cost coverage for high-value belongings such as jewelry, sports equipment and medical devices.
Umbrella Insurance	Adds extra liability protection beyond standard policy limits for personal injury or property damage claims.

What Does State Farm’s Home Insurance Not Cover?

State Farm's homeowners insurance excludes certain risks. Know what's not covered so you can buy extra protection when you need it.

Floods and Earthquakes

Standard home insurance doesn’t pay for flood or earthquake damage. You’ll need separate flood insurance or other coverage to stay protected.

Intentional or Self-Inflicted Damage

Damage you cause on purpose or through neglect isn’t covered. Insurers exclude these losses because they result from preventable actions.

Business Use of the Home

If you operate a business or rent part of your home, related losses or liability claims aren’t included. Separate commercial or landlord coverage is needed for those activities.

How to Buy State Farm’s Homeowners Insurance

Buy home insurance from State Farm online or through a local agent. Both options let you compare coverage, customize limits and choose the right protection for your home.

1
Determine How Much Coverage You Need
Figure out how much home insurance you need to avoid under- or over-insuring. Calculate your home's rebuild cost by consulting a professional. Create a home inventory to value your personal property.
2
Get a Quote Online or Through an Agent
Use State Farm's online tool for a quick quote or talk with an agent for a customized estimate. An agent can answer questions and explain how each coverage protects your home.
3
Compare Policy Options
Review different coverage levels and deductible amounts to find what fits your situation. Look at optional endorsements that could add protection you need.
4
Apply for Discounts
Ask about savings before you finalize your quote. Discounts for impact-resistant roofing or protective devices can lower your premium.
5
Review and Finalize Your Policy
Check your coverage limits, exclusions and deductibles before signing. Complete the purchase to activate your homeowners insurance policy.

How to File a Homeowners Insurance Claim with State Farm

File a home insurance claim with State Farm online, through the mobile app or by contacting your local agent. Report damage quickly to start repairs sooner and get reimbursed for covered losses.

1
Report the Claim
Contact State Farm immediately after the incident by filing a claim online, through the app or calling your agent. Share the type of damage, when it happened and any emergency repairs you made to prevent further loss.
2
Document the Damage
Take photos or videos of all affected areas and damaged property. Keep receipts for emergency repairs or temporary living expenses.
3
Schedule an Inspection
A claims adjuster will contact you to inspect the damage and assess the loss. Share any documentation or estimates you've gathered during the inspection.
4
Review the Settlement and Repair Process
State Farm will provide a settlement estimate showing what's covered after the inspection. Review the details, ask questions if needed and use your claim payment for repairs.

COMPARE STATE FARM TO OTHER PROVIDERS

State Farm Home Insurance Review: Bottom Line

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.

State Farm Home Insurance: FAQ

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

Is State Farm home insurance good?

Yes. With a MoneyGeek score of 4.5 out of 5, State Farm ranks among the leading insurers for its balance of affordability, customer satisfaction and coverage options. It offers both standard protections and valuable add-ons like water backup and identity theft coverage.

How much is home insurance with State Farm?

The average cost for a State Farm policy with $250,000 in dwelling coverage is $2,454 per year. Rates vary depending on your location, home features, credit score and the amount of coverage you choose.

Does State Farm offer discounts on homeowners insurance?

Yes. State Farm offers four main discounts, including savings for installing home security devices, using impact-resistant roofing, meeting wind mitigation standards and taking wildfire prevention measures in eligible areas. Availability depends on your state.

What optional coverages can you add to a State Farm home insurance policy?

Homeowners can enhance their protection with options such as water backup, home systems protection, personal articles coverage, identity theft restoration and umbrella insurance. These add-ons give you extra peace of mind beyond the standard policy.

What does State Farm home insurance not cover?

State Farm’s standard homeowners policy doesn’t cover floods, earthquakes, intentional damage or losses linked to business use of the home. Separate flood or commercial coverage would be needed for those risks.

State Farm Home Insurance Rates: Our Methodology

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.

State Farm Review: Related Articles

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

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sources

State Farm. "Homeowners Insurance Discounts from State Farm." Accessed October 14, 2025.