Cost Of Liability Insurance Of Car State Farm

State Farm, one of the leading providers of car insurance and other related products, is a popular choice for many drivers due to its range of coverage options and competitive rates. Liability insurance is a type of coverage that helps to protect drivers from financial responsibility for bodily injury and property damage caused by an at-fault accident. So, how much does liability insurance from State Farm cost?

Factors That Affect Cost Of Liability Insurance

The cost of liability insurance from State Farm is determined by a variety of factors, including the type of vehicle being insured, the driver’s age, gender, and driving record, as well as the coverage limits chosen. Generally speaking, younger drivers and drivers with less-than-perfect records will pay higher rates than older, more experienced drivers with clean driving records. The type of vehicle being insured can also affect the cost. Sports cars, for example, tend to cost more to insure than sedans or SUVs.

Average Cost Of Liability Insurance

According to the most recent data from the Insurance Information Institute, the average cost of car insurance for a State Farm liability policy was $1,212 for 2019. This is slightly higher than the average of $1,154 for all car insurance companies. It’s important to note that this is just the average cost, and individual rates may vary significantly from this figure.

Average Cost By Age

State Farm’s average cost of liability insurance by age is as follows:

Under 25: $1,389
25 to 29: $1,323
30 to 34: $1,257
35 to 39: $1,242
40 to 44: $1,179
45 to 49: $1,103
50 to 54: $1,063
55 to 59: $1,057
60 to 64: $1,062
65 and over: $1,031

Average Cost By Coverage Limit

The average cost of a State Farm liability policy also varies by coverage limit. A basic policy with a $50,000 per person/$100,000 per accident bodily injury limit and a $50,000 property damage limit costs an average of $1,212, while a policy with a $100,000/$300,000 bodily injury limit and a $100,000 property damage limit costs an average of $1,335.

Other Factors That Affect Cost

In addition to the factors mentioned above, other factors may also influence the cost of your State Farm liability policy. These include the driver’s marital status, credit score, where the vehicle is garaged, and the distance the vehicle is driven each year.

The best way to find out how much a State Farm liability policy will cost you is to get a quote from the company. State Farm offers free online quotes, as well as a convenient mobile app for getting quotes on the go.

Conclusion

The cost of liability insurance from State Farm varies depending on a number of factors, including the type of vehicle being insured, the driver’s age, gender, and driving record, and the coverage limits chosen. The average cost of a State Farm liability policy is $1,212, but individual rates may vary significantly from this figure. The best way to find out what your policy will cost is to get a free quote from State Farm.