General Disclaimer: We are not responsible for any errors or other inaccuracies in the content on our website. All the articles here are presented with no warranty. The information displayed on businessbytes.net may be different from what you see when you visit a financial institution, service provider, or a specific product's site. The information provided on this website is solely for educational and informational purposes. Before you make any financial decisions or implement any financial strategy mentioned on the website, we recommend that you obtain considered and independent advice from a financial professional who understands your financial needs.
Advertiser Disclosure: Businessbytes.net does not include all the available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers. Card Listings and other financial products that appear on this site are from financial companies for which businessbytes.net may receive compensation. This compensation may impact how and where products rankings on this site including, for example, the order in which they appear.
State Farm Insurance Homeowners Quote For 2018
Our home is our place of security and our family is the comfort zone that we always like to return to. As such, given the importance of this place, it is important for one to take care of their house and make sure it can stand against natural disasters. If that cannot be ensured, one should to the least be absolutely prepared financially to be able to cover for the losses or the damages caused by any forces like natural disasters, accidents etc.
For this purpose, the State Farm insurance company has known to be extremely reliable, be it in the case of financial stability, customer service or claims. State Farm currently has its headquarters situated in Bloomington, Illinois with over 17,000 agents and about 67,000 employees serving in the United States and Canada. The annual revenue of the company is reported to be a little over $64 billion given that it has an insurance division, mutual funds, and its very own bank. Being a Fortune 500 company, the State Farm Insurance writes more than 77 million insurance policies.
In order to compare the home-owners insurance quotes, a 15-year-old single home has been chosen with replacement values of $250,000 and $400,000. The quote from State Farm Insurance for the house with a replacement value of 250k came out to be $864 which stood to be merely $28 more than the average quote of $836 while there were companies whose quotes went up to $922 and $1067. In case of the house with the replacement value of $400k, the quote came up to $1,330 which came up to be $65 or merely 5% more than the average of $1,265. However, these are the quotes for one particular house which were drawn only for the sake of comparison with other companies and to depict the proximity of the State Farm Insurance quotes to the actual average. Various tools would be available on the online platform of the State Farm Insurance which will be capable of giving you a much better idea about the quotes.
We hate spams as much as you do. Get the latest financial news in your inbox!
top rated cards
Citi® Double Cash Card – 18 month BT offer
Citi ThankYou® Preferred Card
Citi Simplicity® Card - No Late Fees Ever
Citi® Diamond Preferred® Card – 21 Month Balance Transfer Offer