Finding The Right State Farm Auto Insurance For You

State Farm offers a range of auto insurance options, from coverage for teen drivers to rental cars and more. With over 91 million policies and accounts, State Farm is the largest insurer of automobiles in the U.S. The company offers competitive prices, easy claims, and excellent service. State Farm's auto insurance covers motorcycles, boats, motorhomes, off-road vehicles, classic and antique cars, and rideshares. It also provides additional savings if you have other State Farm insurance products, such as homeowners, renters, condo, or life insurance, along with your vehicle insurance.

Collision coverage

When deciding whether to purchase collision coverage, consider your car's value and how much you are willing to pay out-of-pocket for repairs or replacement. Collision coverage is often preferred for newer cars, but as cars get older and decrease in value, you may choose to omit or drop this coverage to save money on your auto insurance.

To determine the right type of car insurance coverage for you, consider factors such as coverage limits, deductibles, and the level of financial protection you need. State Farm® offers simple definitions for complicated insurance terms to help you make informed decisions about your auto insurance coverage.

Comprehensive coverage

When deciding whether to add comprehensive coverage to your auto insurance, consider the value of your car, the likelihood of weather-related disasters or car theft in your area, and how much you can afford to pay out of pocket for repairs or replacement. Comprehensive coverage may be particularly useful if you live in an area prone to natural disasters or have a high-value vehicle.

It's important to note that comprehensive coverage does not cover collisions with objects or other vehicles. If you are responsible for an accident, you will need separate liability coverage, which pays for the other party's medical expenses, vehicle repairs, and property damage.

To determine the right type of auto insurance coverage for your needs, you can contact a State Farm agent, who can provide personalized service and help you understand the coverage options available in your state.

Liability coverage

Bodily injury liability helps cover the medical treatment and related expenses of those injured in an accident caused by the policyholder. This includes the other party's medical expenses, pain and suffering, and legal costs if they decide to take legal action. On the other hand, property damage liability covers the costs of repairing or replacing the vehicles and other property damaged by the policyholder in an accident. This may include damage to other cars, mailboxes, houses, businesses, street signs, or guardrails.

When purchasing liability coverage, individuals choose a coverage limit, which is the maximum amount their policy will pay out for injuries or property damage they cause. It's recommended to select a liability limit that matches or exceeds their net worth to ensure their assets are adequately protected. The specific coverage limits and requirements vary by state, and it's important to be aware of the minimum coverage requirements in your state.

In addition to liability coverage, individuals may also want to consider purchasing additional types of auto insurance, such as collision and comprehensive coverage, to protect themselves and their vehicles fully.

Uninsured & underinsured motor vehicle coverage

Uninsured and underinsured motorist coverage is an essential type of car insurance that can provide financial protection in the event of an accident caused by an uninsured or underinsured driver. This type of coverage is especially important, considering that nearly 13% of drivers countrywide do not have auto insurance, according to the Insurance Information Institute.

Uninsured motorist coverage will protect you if you are hit by a driver with no auto insurance. Underinsured motorist coverage, which is usually offered alongside uninsured motorist coverage, will protect you if the at-fault driver doesn't have sufficient coverage to pay for the damages or injuries they caused. Both coverages are mandatory in many states and highly recommended for all drivers.

If you are injured in an accident caused by an uninsured or underinsured driver, uninsured and underinsured motorist coverage can help pay for medical expenses, pain and suffering, and lost wages. This coverage may also help pay for property damage caused by another driver who doesn't have enough insurance or no insurance at all.

There are four main types of coverage grouped under uninsured and underinsured motorist coverage:

• Uninsured motorist bodily injury (UM or UMBI): This coverage pays out when an uninsured or underinsured driver causes a car accident resulting in injuries. It covers medical expenses for both you and your passengers.
• Uninsured motorist property damage (UMPD): UMPD covers damage to your vehicle if it is hit by someone without insurance. In some states, UMPD can also be used to cover hit-and-run accidents.
• Underinsured motorist bodily injury (UIM or UIMBI): This coverage pays out when another driver causes a car accident but doesn't have sufficient liability insurance to cover all the medical expenses for you and your passengers.
• Underinsured motorist property damage (UIMPD): UIMPD covers damage to your vehicle if it is hit by someone who doesn't carry enough liability insurance.

It's important to note that uninsured and underinsured motorist coverage limits are usually expressed as two numbers, such as 100/300. This means that the coverage provides up to $100,000 in bodily injury protection per person and $300,000 per accident.

Medical payments coverage

MedPay is not mandatory in most states, and if you already have health insurance, you may want to consider if it is worth adding to your auto policy. However, MedPay can cover expenses that your health insurance may not, such as chiropractic visits or an ambulance ride. It also has the added benefit of starting to pay out from the first dollar of incurred expenses, with no deductibles or co-payments.

The cost of adding MedPay to your auto insurance policy varies, but it is generally considered to be inexpensive. Many policyholders can add coverage for $5 to $8 per month, with the cost increasing for higher coverage limits.

State Farm® is the largest insurer of automobiles in the U.S., offering a range of coverage options, competitive prices, easy claims, and excellent service. They provide auto insurance for a range of drivers, from teens to rental car drivers, and more. State Farm® also offers a range of other insurance products, including motorcycle insurance, boat insurance, and life insurance, to name a few.

Frequently asked questions