State Farm Renters Insurance Review

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State Farm is one of the largest providers of renters insurance in America, offering coverage to millions of people across the country.

Basics

Renters Insurance Provider State Farm
Founded 1922
A.M. Best A++
S&P AA

Ratings

Consumer Affairs N/A
J.D. Power Overall Customer Satisfaction 4/5
J.D. Power Claims Process Satisfaction 3/5

Base Policy Features

Replacement Value Available Yes
Deductible Options $500, $1,000, $2,000
Personal Property Coverage Purchase online: up to $110,000 Purchase via agent: $110,000 and up
Personal Liability $100,000, $300,000, $500,000, $1,000,000
Medical Payments to Others $1,000, $2,000, $3,000, $5,000, $10,000
Loss of Use Coverage No maximum; covers up to 24 months
Off-Premise Coverage Yes
Peril Type Coverage Named
Purchase Online Yes, up to $110,000 personal property coverage

*Based on New York availability

Optional Add-on Features

Schedule High-Value Items Online No; requires a separate policy and for the customer to speak with an agent
Types of Valuable Coverage N/A
Increase Computer Category Coverage Limits Online Yes
Increase Jewelry Category Coverage Limits Online Yes
Identity Theft Yes
Earthquake Coverage Yes
Water back-up of Sewers and Drains Yes; requires customer to speak with an agent
Multi-policy Discounts Yes
Home Safety Discounts Yes

Last updated on Oct 19th 2017