*Scores are based on a 2,500-square-foot home, a $250,000 dwelling protection coverage and a $1,000 deductible. These results are based on a standard homeowner profile. Your individual experience differs depending on your location, home value and coverage needs.
State Farm Home Insurance Review
Updated: June 24, 2026
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State Farm
State Farm Home Insurance Ratings: MoneyGeek’s Review
MoneyGeek Rating
4.5/ 5
4.7/5Affordability
4.3/5Customer Experience
4/5Coverage Points
Average Annual Premium
$2,454Number of Endorsements
5Number of Discounts
4
Compare State Farm's Home Insurance
MoneyGeek compared State Farm to other major national home insurers, including Allstate and Travelers, on affordability, customer experience and coverage options. State Farm leads across nearly every metric.
| Average Monthly Premium | $179 | $245 | $453 |
| Average Annual Premium | $2,151 | $2,942 | $5,435 |
| Overall MG Score | 4.50 | 4.20 | 3.65 |
| Affordability Score | 4.73 | 4.52 | 4.11 |
| Customer Experience Score | 4.31 | 3.88 | 3.81 |
| Coverage Score | 4.04 | 3.69 | 1.67 |
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.
Average homeowners insurance costs vary by dwelling coverage. Toggle to compare rates and find cheap homeowners insurance options that match your needs.
Data filtered by:
$1,000
| $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 because local weather patterns, construction expenses and state regulations all affect premiums. In Iowa, the average annual cost is $2,215, compared with $1,188 in Nevada, where coverage is more affordable. The map outlines the company’s homeowners insurance availability for policies with $250,000 in dwelling coverage and a $1,000 deductible:
| State | Average Annual Premium |
|---|---|
| Alabama | $2,703 |
| Alaska | $1,315 |
| Arizona | $1,339 |
| Arkansas | $3,066 |
| Colorado | $2,349 |
| Connecticut | $1,899 |
| Delaware | $999 |
| District of Columbia | $1,317 |
| Florida | $3,727 |
| Georgia | $2,667 |
| Hawaii | $433 |
| Idaho | $1,253 |
| Illinois | $1,728 |
| Indiana | $2,006 |
| Iowa | $2,215 |
| Kansas | $3,007 |
| Kentucky | $2,384 |
| Louisiana | $4,503 |
| Maine | $857 |
| Maryland | $1,553 |
| Michigan | $1,970 |
| Minnesota | $2,706 |
| Mississippi | $4,358 |
| Missouri | $2,955 |
| Montana | $2,397 |
| Nebraska | $3,865 |
| Nevada | $1,188 |
| New Hampshire | $1,009 |
| New Jersey | $1,338 |
| New Mexico | $1,568 |
| New York | $981 |
| North Carolina | $1,276 |
| North Dakota | $2,741 |
| Ohio | $1,497 |
| Oklahoma | $3,220 |
| Oregon | $1,207 |
| Pennsylvania | $1,423 |
| Rhode Island | $1,184 |
| South Carolina | $2,067 |
| South Dakota | $2,895 |
| Tennessee | $2,231 |
| Texas | $4,457 |
| Utah | $1,127 |
| Vermont | $1,022 |
| Virginia | $1,553 |
| Washington | $1,373 |
| West Virginia | $1,468 |
| Wisconsin | $1,371 |
| Wyoming | $1,554 |
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. The table shows 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:
Optional Home Insurance Coverages from State Farm
State Farm offers five endorsements that extend your policy beyond standard coverage limits or add protection for risks a base policy excludes. The table below lists each option and what it covers. Availability varies by state, so confirm with your local agent which options are in your area.
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.
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.
- 1Determine How Much Coverage You Need
Figure out how much home insurance you need. Create a home inventory to value your personal property.
- 2Get 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.
- 3Compare Policy Options
Review different coverage levels and deductible amounts to find what fits your situation.
- 4Apply for Discounts
Ask about savings. Discounts for impact-resistant roofing or protective devices can lower your premium.
- 5Review and Finalize Your Policy
Check your coverage limits, exclusions and deductibles before signing.
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
We answer common questions about State Farm home insurance:
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.
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.
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.
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.
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.
MoneyGeek evaluated State Farm’s homeowners insurance using a consistent national profile to compare affordability, service quality and coverage options against other providers.
About Mark Fitzpatrick
Mark Fitzpatrick, a licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he produces original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He covers economics and insurance at MoneyGeek, and his work has been featured in The Washington Post, The New York Times and NPR, among other outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data. No insurance company partnership influences his recommendations.
Mark holds a B.A. from Boston College and an M.A. in Economics and International Relations from Johns Hopkins University. He started his career in financial risk management at State Street and is also a five-time “Jeopardy!” champion.
Sources
- State Farm. "Homeowners Insurance Discounts from State Farm." Accessed December 29, 2025.