Introduction
State Farm is one of the largest and most popular insurance companies in the United States. They offer a wide range of insurance products, including auto, home, life, and health insurance. One of the benefits of being a State Farm policyholder is that you may be eligible for discounts on your insurance premiums.
Auto Insurance Discounts
If you have an auto insurance policy with State Farm, there are several discounts you may be eligible for. These discounts include:
Discount |
Description |
|---|---|
Drive Safe & Save |
If you sign up for the Drive Safe & Save program, State Farm will monitor your driving behavior and reward you with discounts for safe driving. |
Accident-Free Discount |
If you have been accident-free for a certain period of time, you may be eligible for this discount. |
Good Driving Discount |
If you have a good driving record with no accidents or traffic violations, you may be eligible for this discount. |
Military Discount |
If you or your spouse is an active duty or retired member of the military, you may be eligible for this discount. |
Drive Safe & Save
The Drive Safe & Save program is a usage-based insurance program that uses telematics technology to monitor your driving behavior. If you sign up for this program, you will receive a small device that plugs into your car’s diagnostic port. The device will track your driving behavior, including your speed, acceleration, braking, and mileage. Based on your driving habits, you may be eligible for discounts of up to 50% on your insurance premiums.
To qualify for the Drive Safe & Save program, you must have a compatible vehicle and meet certain driving requirements. Your savings will vary based on how you drive and how much you drive, so it’s important to review your driving habits regularly to maximize your discounts.
Accident-Free Discount
The Accident-Free Discount is available to policyholders who have been accident-free for a certain period of time, typically three years. This discount can save you up to 10% on your auto insurance premiums.
To qualify for this discount, you must have no at-fault accidents, no moving violations, and no major comprehensive claims during the qualifying period. Even if you have a minor accident or violation, you may still be eligible for a lower discount.
Good Driving Discount
The Good Driving Discount is available to policyholders who have a good driving record with no accidents or traffic violations. This discount can save you up to 20% on your auto insurance premiums.
To qualify for this discount, you must have no at-fault accidents, no moving violations, and no major comprehensive claims for at least three years. If you have a minor accident or violation during this period, you may still be eligible for a lower discount.
Military Discount
The Military Discount is available to policyholders who are active duty or retired members of the military, or their spouses. This discount can save you up to 25% on your auto insurance premiums.
To qualify for this discount, you must be an active duty or retired member of the military, or the spouse of an active duty or retired member. You must also provide proof of your military status, such as a military ID or discharge papers.
Home Insurance Discounts
If you have a home insurance policy with State Farm, there are several discounts you may be eligible for. These discounts include:
Discount |
Description |
|---|---|
Multiple Line Discount |
If you have multiple insurance policies with State Farm, such as auto and home insurance, you may be eligible for a discount on your premiums. |
Home Security and Fire Protection Discount |
If you have a home security system or fire protection system installed in your home, you may be eligible for this discount. |
Roofing Discount |
If you have a qualifying roof, such as a metal or impact-resistant roof, you may be eligible for this discount. |
Multiple Line Discount
The Multiple Line Discount is available to policyholders who have multiple insurance policies with State Farm. If you have both auto and home insurance with State Farm, for example, you may be eligible for a discount on both policies.
To qualify for this discount, you must have at least one auto policy and one homeowner policy with State Farm. The discount amount will vary based on the specific policies you have and other factors.
Home Security and Fire Protection Discount
The Home Security and Fire Protection Discount is available to policyholders who have a home security system or fire protection system installed in their home. This discount can save you up to 15% on your home insurance premiums.
To qualify for this discount, you must have a qualifying home security system or fire protection system installed in your home. The discount amount will vary based on the specific system you have and other factors.
Roofing Discount
The Roofing Discount is available to policyholders who have a qualifying roof on their home, such as a metal or impact-resistant roof. This discount can save you up to 35% on your home insurance premiums.
To qualify for this discount, you must have a qualifying roof installed on your home. The discount amount will vary based on the specific roof you have and other factors.
Life Insurance Discounts
If you have a life insurance policy with State Farm, there are several discounts you may be eligible for. These discounts include:
Discount |
Description |
|---|---|
Multiple Policy Discount |
If you have multiple life insurance policies with State Farm, you may be eligible for a discount on your premiums. |
Youthful Saver Discount |
If you purchase a life insurance policy for a child under the age of 17, you may be eligible for this discount. |
Multiple Policy Discount
The Multiple Policy Discount is available to policyholders who have multiple life insurance policies with State Farm. If you have multiple policies for yourself or your family members, for example, you may be eligible for a discount on your premiums.
To qualify for this discount, you must have multiple life insurance policies with State Farm. The discount amount will vary based on the specific policies you have and other factors.
Youthful Saver Discount
The Youthful Saver Discount is available to policyholders who purchase a life insurance policy for a child under the age of 17. This discount can save you up to 10% on your life insurance premiums.
To qualify for this discount, you must purchase a qualifying life insurance policy for a child under the age of 17. The discount amount will vary based on the specific policy you purchase and other factors.
Health Insurance Discounts
If you have a health insurance policy with State Farm, there are several discounts you may be eligible for. These discounts include:
Discount |
Description |
|---|---|
Healthy Rewards |
If you participate in certain wellness programs or complete certain health screenings, you may be eligible for rewards that can lower your health insurance premiums. |
Smoke-Free Discount |
If you do not use tobacco products, you may be eligible for this discount on your health insurance premiums. |
Multi-Policy Discount |
If you have multiple insurance policies with State Farm, such as auto and health insurance, you may be eligible for a discount on your premiums. |
Healthy Rewards
The Healthy Rewards program is available to policyholders who participate in certain wellness programs or complete certain health screenings. If you complete these programs or screenings, you may be eligible for rewards that can lower your health insurance premiums.
To participate in the Healthy Rewards program, you must complete a health assessment, participate in a wellness program, or complete a health screening. The rewards you earn will vary based on the specific programs or screenings you complete.
Smoke-Free Discount
The Smoke-Free Discount is available to policyholders who do not use tobacco products. If you do not smoke or use other tobacco products, you may be eligible for this discount on your health insurance premiums.
To qualify for this discount, you must certify that you are a non-smoker and do not use tobacco products. The discount amount will vary based on your specific health insurance policy.
Multi-Policy Discount
The Multi-Policy Discount is available to policyholders who have multiple insurance policies with State Farm. If you have both auto and health insurance with State Farm, for example, you may be eligible for a discount on both policies.
To qualify for this discount, you must have at least one auto policy and one health insurance policy with State Farm. The discount amount will vary based on the specific policies you have and other factors.
FAQ
How do I know if I qualify for a discount?
The best way to find out if you qualify for a discount is to contact your State Farm agent or visit the State Farm website. Your agent can review your policy and help you identify any discounts you may be eligible for.
How do I apply for a discount?
If you believe you are eligible for a discount, you can contact your State Farm agent or log in to your account on the State Farm website to apply for the discount. Your agent can also help you with the application process.
Can I receive multiple discounts?
Yes, you may be eligible for multiple discounts depending on your policy and qualifications. For example, if you have both auto and home insurance with State Farm, you may be eligible for discounts on both policies.
Will my discounts change over time?
Your discounts may change over time depending on your policy and qualifications. For example, if you have an accident or violation on your driving record, you may no longer be eligible for the Accident-Free or Good Driving Discounts on your auto insurance policy.
Do discounts apply to all State Farm policies?
No, discounts may vary by policy type and state. Some discounts may only be available in certain states or for certain policy types. It’s important to review your policy and speak with your agent to determine which discounts may apply to your specific situation.