Our State Farm Renters Insurance Review: What You Should Know in 2025
State Farm offers a variety of coverage options for renters in most states, but it has fewer discounts than some competitors.
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Written byAnna Baluch
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Anna Baluch is a Cleveland-based personal finance and insurance expert who’s written for Compare.com since 2023. With an MBA from Roosevelt University, she enjoys writing educational content that helps people make smart financial decisions.
Her work can be seen across the web in several notable publications, including Freedom Debt Relief, Credit Karma, RateGenius, and The Balance.
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Edited byMatthew Gross
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Matthew Gross is an editor at Compare.com. With a background in editing and SEO, he’s passionate about creating content that helps readers get the information they need to make more informed decisions. Prior to Compare.com, Matthew brought his user-centered approach to his work with global brands like Apple and Adobe.
Matthew graduated from Illinois State University, where he earned his bachelor’s degree in Journalism.
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In This Article
State Farm is a leading insurance company that offers a variety of policies, including auto, homeowners, life, and renters insurance. If you’re a renter, you can choose from several coverage options and even request a quote online.
You could also score a discount for bundling your renters coverage with other State Farm policies, like auto insurance. We’ll tell you everything you need to know about State Farm renters insurance and how it compares to other insurers so you can decide if it’s right for you.
State Farm Renters Insurance Overview
While State Farm isn’t the cheapest renters insurance company, it offers affordable rates, especially if you qualify for discounts. State Farm renters coverage is available in every state except for Massachusetts and Rhode Island. You can apply for a renters policy online, through the mobile app, over the phone, or in person with a local State Farm agent.
Although State Farm is a well-known insurer with a large market share, it has mixed customer ratings. The company has a below-average customer complaint score with the National Association of Insurance Commissioners (NAIC).[1] But reviews on third-party sites like Trustpilot tend to be negative, though only a few are related to renters insurance.[2]
Pros
Inflation coverage available
Many policy options
Free online quotes
Cons
Not available in every state
Few discounts available
Fewer add-ons than other insurers
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State Farm vs. Other Renters Insurance Companies
Renters insurance companies aren’t created equal. In fact, they vary significantly in terms of premiums, coverage options, discounts, reputation, and availability.
State Farm is available in more states compared to smaller — and sometimes cheaper — insurers like Lemonade and Erie. Unlike companies like GEICO that sell policies through third parties, you can get State Farm insurance through the company itself. State Farm also doesn’t offer as many discounts or policy add-ons as other companies.
Where State Farm stands out
State Farm renters insurance is available almost everywhere. It also offers personalized service through local agents and a robust mobile app for easy claims filing and policy management. Plus, you can get a free quote online and quickly determine whether State Farm renters coverage is right for you.
Where State Farm falls short
State Farm renters insurance isn’t available in Massachusetts and Rhode Island. It also doesn’t have many ways to save, offering discounts only for bundling policies or installing a home protection device like a security system. Plus, State Farm has poor customer ratings across several third-party websites.
What You Can Expect to Pay for State Farm Renters Insurance
Many factors determine how much you pay for renters insurance, including your insurance company, location, coverage limits, deductible, and credit history. Higher policy limits mean you’ll pay more expensive rates.
Below, you’ll find average State Farm renters insurance premiums for different policy limits and how they compare to industry averages, according to Compare.com data.
Personal Property Limit  | State Farm Average Monthly Premium | Industry Average |
|---|---|---|
| $15,000 | $11 | $17 |
| $30,000 | $15 | $22 |
| $50,000 | $20 | $28 |
State Farm’s average monthly rates are lower than what you may find with other insurance companies. Depending on the level of personal property coverage you choose, most renters can expect to save around 30% compared to other insurers.
Average State Farm renters insurance costs by state
State Farm’s renters insurance rates may vary depending on where you live. That’s because of local factors like the type of rentals available, its proximity to a fire station, crime rates, and natural disaster risks.
The map below shows the average cost of renters insurance for $15,000 of personal property coverage for State Farm compared to statewide averages, according to our data.
State Farm Renters Quotes by State
State | State Farm Average Monthly Premium | Statewide Average |
|---|---|---|
| Alabama | $17 | $24 |
| Arizona | $8 | $22 |
| Arkansas | $20 | $24 |
| California | $16 | $18 |
| Colorado | $11 | $19 |
| Connecticut | $13 | $21 |
| Delaware | $8 | $17 |
| Florida | $19 | $18 |
| Georgia | $14 | $21 |
| Idaho | $9 | $15 |
| Illinois | $11 | $17 |
| Indiana | $9 | $19 |
| Iowa | $7 | $15 |
| Kansas | $10 | $17 |
| Kentucky | $17 | $26 |
| Louisiana | $17 | $26 |
| Maine | $7 | $15 |
| Maryland | $12 | $18 |
| Michigan | $15 | $31 |
| Minnesota | $11 | $18 |
| Mississippi | $30 | $28 |
| Missouri | $15 | $20 |
| Montana | $8 | $18 |
| Nebraska | $9 | $16 |
| Nevada | $11 | $15 |
| New Hampshire | $9 | $16 |
| New Jersey | $10 | $16 |
| New Mexico | $8 | $18 |
| New York | $10 | $14 |
| North Carolina | $8 | $15 |
| North Dakota | $9 | $14 |
| Ohio | $11 | $18 |
| Oklahoma | $14 | $20 |
| Oregon | $11 | $17 |
| Pennsylvania | $11 | $16 |
| South Carolina | $12 | $20 |
| South Dakota | $11 | $13 |
| Tennessee | $13 | $22 |
| Texas | $15 | $25 |
| Utah | $12 | $18 |
| Vermont | $8 | $16 |
| Virginia | $10 | $15 |
| Washington | $9 | $14 |
| Washington D.C. | $11 | $17 |
| West Virginia | $10 | $19 |
| Wisconsin | $9 | $15 |
| Wyoming | $6 | $14 |
State Farm Renters Insurance Discounts
Discounts can help you save on renters insurance coverage. State Farm advertises only two main discounts for renters, including:
Multi-policy discount: You can get this discount by bundling your renters policy with State Farm car insurance.
Home alert protection discount: You can get a discount if your rental has safety devices like alarm systems and smoke detectors.
You may also qualify for a discount if you haven’t filed any claims in recent years. For information on other discount opportunities that may be available to you, ask your local State Farm agent.
How Customers Feel About State Farm Renters Insurance
Even though State Farm is a major player in the insurance industry, it has poor ratings on some third-party review sites. On Trustpilot, for example, State Farm earns 1.5 out of 5 stars, based on around 900 reviews. State Farm’s rating on the Better Business Bureau (BBB) website is similar. The insurer has 1.24 out of 5 stars, based on a little over 2,000 total reviews.[3]
But it’s important to note that most of the negative State Farm reviews are related to the company’s other insurance products, like auto insurance and homeowners insurance. Only a few are specifically about renters coverage. We’ve included a couple of screenshots of recent reviews below.)
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What State Farm Renters Insurance Covers
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As you shop around for renters policies, you’ll find that coverages vary by insurance company. While State Farm offers a variety of options, other insurers advertise more add-ons.
Here’s a look at what State Farm’s renters insurance covers:
Personal property: This coverage pays for personal belongings, like clothing and electronics, if they’re stolen or damaged.
Loss of use: Also known as living expenses coverage, loss of use insurance helps pay for things like hotels and meals if your rental is uninhabitable due to a covered loss.
Liability: Liability protection pays for injuries or damages you cause to others.
Medical payments: This coverage helps pay for medical treatment if someone is injured on your property.
Replacement cost: Included with every State Farm renters insurance policy, this coverage helps replace stolen or damaged possessions, minus your deductible.
Inflation: Inflation coverage automatically increases your coverage amounts to keep pace with rising costs of materials and construction.
Identity theft: This type of coverage may help pay for expenses related to identity fraud, cyberattacks, or other similar incidents.
Personal articles: A personal articles policy provides additional coverage beyond your renters policy for valuables like jewelry, cameras, and medical devices.
How State Farm’s Claims Process Works
Follow these steps to file a renters insurance claim with State Farm:
Start the process. You can file a claim online, through the mobile app, or by phone. If you prefer, your local State Farm agent can help you. Have your policy number and the details that support your case.
Make yourself available for the investigation. To avoid delays, be responsive and answer any questions your claims handler might have. They’ll likely reach out to you after you file a claim and request more information.
Collect your funds. Upon approval of your claim, you may receive your settlement via check or direct deposit.
How to Get State Farm Renters Insurance
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State Farm renters insurance is available online, over the phone, or in person through a local agent. Here’s the easiest way to get coverage:
Get an online quote. Request a renters insurance quote online to jump-start the process. This shouldn’t take more than a few minutes.
Provide your information. Share your personal details and information about your rental property and insurance history.
Work with an agent. Once you receive a quote, you can work with a State Farm agent to customize your coverage and finalize your policy.
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State Farm Renters Insurance FAQs
Below, you’ll find answers to some common questions about State Farm renters insurance policies.
What does State Farm renters insurance cover?
State Farm renters insurance protects you and your personal belongings after events like vandalism, fire, or water damage. You can also purchase policy add-ons that cover identity theft and expensive valuables.
Which company has the best renters insurance?
It depends. No single company offers the best renters insurance. State Farm offers relatively affordable rates and good coverage options. But your ideal renters policy depends on your budget, coverage needs, and personal preferences.
How much does State Farm renters insurance cost?
State Farm renters insurance costs an average of $15 per month for $30,000 worth of coverage, according to Compare.com data. But your exact rate depends on your location, rental property, discounts, and claims history.
Does State Farm renters insurance have loss of use?
Yes. State Farm renters insurance includes loss of use coverage. This can come in handy if you can’t live in your rental after a covered event and need to pay for hotel stays and meals.
How much should I pay for renters insurance?
It depends. The amount of coverage you need determines how much you pay for renters insurance. Higher policy limits mean you’ll pay more for coverage. That said, the national average cost for renters insurance is $22 per month for $30,000 of coverage, according to Compare.com data.
Does State Farm renters insurance cover rental accidents?
Yes. State Farm renters insurance reimburses you for accidents that occur on your rental property. For example, if someone injures themself on your property, your renters insurance may cover damages and medical expenses, saving you from expensive out-of-pocket costs.
Is State Farm renters insurance worth it?
It depends. If you rent an apartment, condo, or house, State Farm renters coverage may be worthwhile. It’s relatively affordable when you consider the type and amount of protection it offers. If something happens and you don’t have a renters policy, you may have to spend thousands of dollars to replace your belongings.
Sources
- National Association of Insurance Commissioners. "Results by Complaint Index."
- Trustpilot. "State Farm Reviews."
- Better Business Bureau. "State Farm Insurance Company."
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Anna BaluchInsurance Writer
Anna Baluch is a Cleveland-based personal finance and insurance expert who’s written for Compare.com since 2023. With an MBA from Roosevelt University, she enjoys writing educational content that helps people make smart financial decisions.
Her work can be seen across the web in several notable publications, including Freedom Debt Relief, Credit Karma, RateGenius, and The Balance.
Matthew Gross is an editor at Compare.com. With a background in editing and SEO, he’s passionate about creating content that helps readers get the information they need to make more informed decisions. Prior to Compare.com, Matthew brought his user-centered approach to his work with global brands like Apple and Adobe.
Matthew graduated from Illinois State University, where he earned his bachelor’s degree in Journalism.
