Insurance Comparison

Farmers vs State Farm

Farmers and State Farm are both agent-based insurers offering comprehensive coverage. State Farm is larger and typically cheaper, while Farmers offers strong coverage in Western states.

Our Pick: State Farm

Farmers

3.8
AM Best RatingA
Avg. Auto Rate$1,812/yr
Market Share3.8%
States Available48
Claims Rating3.7/5
RECOMMENDED

State Farm

4.2
AM Best RatingA++
Avg. Auto Rate$1,674/yr
Market Share16.2%
States Available50
Claims Rating4.1/5

Winner by Category

Farmers
Category
State Farm
Price
Winner
Tie
Coverage Options
Tie
Tie
Customer Service
Tie
Tie
Claims Handling
Tie
Discounts
Winner
Overall Winner
Winner

Price Comparison

State Farm is typically 10-15% cheaper than Farmers. Farmers' New Car Pledge can provide value for new car owners.

Coverage Options

Both offer comprehensive coverage options. Farmers' New Car Pledge extends new car replacement to 2 years/24,000 miles versus State Farm's standard coverage.

Customer Service

Both have strong agent networks. State Farm has more agents overall, while Farmers has strong presence in Western states.

Which Company Is Right for You?

Choose Farmers If You:

  • Live in Western states (strong Farmers presence)
  • Own a new car (New Car Pledge)
  • Prefer Farmers' Signal telematics
  • Want 2-year new car replacement

Choose State Farm If You:

  • Looking for lower rates
  • Want largest agent network
  • Need comprehensive bundling
  • Prefer most established insurer

Frequently Asked Questions

Is Farmers or State Farm cheaper?

State Farm is typically cheaper by 10-15%. Farmers may be competitive in specific areas, particularly Western states.

What is Farmers New Car Pledge?

If you total your new car within 2 years or 24,000 miles, Farmers replaces it with the same make and model. This is longer than most competitors offer.

Which is better in California?

Both are strong in California. Farmers has deep roots in Western states while State Farm has more agents statewide.

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