State Farm Homeowners Insurance

Should I buy a "State Farm Homeowners Insurance" policy?

If you are shopping for a new home insurance policy, you might want to check out policies from State Farm, a company that more people buy homeowners insurance from than any other insurer. Like other insurers in the state, State Farm’s rates are increasing regularly to offset economic pressures endemic to Florida. However, their policies continue to be valued: State Farm is the third largest insurer of homes in the state. It always is a great idea to compare what several credible carriers have to offer. We offer real time homeowners insurance quotes. A free Florida homeowners insurance quote is available to you here today, whether or not you are in Florida at the moment.

Here is some general information about State Farm:

State Farm’s claims network is one of the largest in the world, and is accessible 24/7, online or by phone. State Farm helps property owners save on homeowners insurance by offering numerous discounts, from multiple-line policies to installation of everyday safety items like deadbolts and fire extinguishers.

COVERAGE

State Farm homeowner insurance covers some hazards and does not cover others. Some examples of the range of homeowner coverage include fire or lightning strikes, wind or hail storm damage, the freezing of a plumbing system, and theft.

Homeowner insurance does not cover (1) bodily injury or property damage that is expected or intended by the insured, (2) business pursuits, (3) professional services provided or not provided, (4) ownership, operations, use, or maintenance of aircraft, motor vehicles, and certain watercraft.

DISCOUNTS

Because State Farm offers a full and complete range of insurance products, it can offer discounts of several kinds. The most popular one is the discount given customers who purchase multiple State Farm products, which works well for both the company and its customers. A customer with a claims-free history also benefits from lower premiums. Among other factors weighed in discounting is the presence of effective home security devices and sprinkling systems, the installation of preferred roofing materials, and utilities ratings plans.

COVERAGE LIMITS

State Farm recommends that homeowners purchase an amount of coverage at least equal to the estimated replacement cost of a house, but that is not mandatory. Determining your home's estimated replacement cost is important, however, because this will ultimately determine which policy options are available to you. Since it is impossible to predict today what the exact cost will be to replace your home in future, it is important to have enough coverage to account for unforeseen circumstances.

HURRICANE MITIGATION

Residents of Florida and Louisiana can click on the links on a State Farm website to download documents for hurricane loss prevention discount programs in their state.

PREMIER SERVICE PROGRAM

When you need to repair your house after a loss, State Farm is there. Our Premier Service Program puts you in touch with reputable local contractors. The agent will help you choose a contractor, get an estimate, and cover costs above your deductible.

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