LEARN HOW MUCH STATE FARM CAR INSURANCE IS AND REASONS BEHIND IT
Looking for cheap auto insurance policies? If your answer is yes, you must be asking people how much is state farm car insurance or how much is car insurance from other major players in the market. If you ask any knowledgeable person about the prices of car insurance, he would simply confirm that State Farm offers some of the cheapest and affordable rates of car insurance in the whole country.
State Farm Insurance saves $500
It is an established fact that a regular insurance buyer could save as much as $500 by switching to State Farm when it comes to matters of his car insurance. For example, against the state annual average price of $1,450, the price of State Farm insurance is $1,173, which is 20% less than the state average. It is obvious that the price will vary by the state. However, State Farm auto insurances are about 20% less than the state average in almost all the states.
Like other insurance companies who offer cheap and affordable auto insurances, State farm also allows loads of discount to its customers, which makes the rate of insurance go down drastically. For example, if someone decides to insure both the vehicle and the house with State Farm, the combined insurance price would be something about $800 less than what it would be with other insurance companies in the market.
Various discount schemes that slash the rates
Some of the other notable discount offers given by the company are as follows.
• Vehicle safety discount – if the vehicle was manufactured in 1994 or later, depending on the safety features and the make and model of the vehicle, you could get a discount of up to 40% on medical-related coverage.
• Anti-theft discount – If the vehicle has a burglar alarm system installed, you are eligible for a hefty discount
• Passive restraint discount – if the vehicle is manufacture on or after 1993 and is equipped with air bags or other passive restraint systems, the medical-related coverages would be discounted up to 40%
• Accident free discount – This discount is valid for those vehicles which have not met an accident for a period of three years.
• Defensive driving course discount – If you undergo a driver safety course, you would be eligible for this discount scheme
• Good driving discount – Drivers who have a clean record for three years or more get this discount
• Driver training discount – If drivers of vehicle who are less than 21 years of age undergo an accredited driving learning course, it makes you eligible to get this discount.
• Good student discount – This one gives you a discount of 25% on overall insurance if you get good grades at college. This discount would be valid till the age of 25 years, even if you have left college well before that.
With the aid of all these discount schemes, State Farm is able to give real low price quotes to its customers. However, that does not mean that the services of the insurance company would be poor or not as professional as other insurers. Irrespective of low insurance rates, State Farm has the reputation of offering highly professional service and prompt and fair settlements, which have helped them, earn good reputation from the market over the years.
Other post you may be interested in reading: Understanding Whether Car Insurance Covers Other Drivers Or Not and Why Does My Car Insurance Keep Going Up