Compare Top Ten Car Insurance Companies in New Jersey
State Farm vs Farmers Insurance
See which insurance giant offers cheaper rates, better coverage, and more value for NJ drivers. Get side-by-side comparison of State Farm insurance and Farmers insurance.
State Farm Insurance vs Farmers Insurance
Direct comparison of cheap car insurance options from two top ten car insurance companies
| Category | State Farm | Farmers | Winner |
|---|---|---|---|
| Average Annual Premium | $1,547 | $1,892 | State Farm |
| Financial Strength Rating | A++ (Superior) | A (Excellent) | State Farm |
| Customer Satisfaction | 4.2/5 | 3.9/5 | State Farm |
| Available Discounts | 12+ discounts | 15+ discounts | Farmers |
| Mobile App Rating | 4.8/5 | 4.5/5 | State Farm |
| Local Agents in NJ | 250+ agents | 180+ agents | State Farm |
| Claims Process Speed | 24-48 hours | 48-72 hours | State Farm |
| Coverage Options | Standard + extras | Comprehensive options | Farmers |
Overall Winner for NJ Drivers: State Farm Insurance
With cheaper average rates, superior financial strength, and better customer satisfaction, State Farm edges out Farmers for most New Jersey drivers seeking affordable car insurance.
Pros and Cons of Each Top Ten Car Insurance Company
State Farm Insurance
Pros:
- Lower average premiums for NJ drivers
- Superior financial strength rating
- Extensive agent network in Bergen County
- Fast claims processing
- Excellent mobile app experience
- Good driver discounts up to 30%
Cons:
- Fewer discount options overall
- Limited specialty coverage
- Higher rates for young drivers
Farmers Insurance
Pros:
- More discount opportunities
- Comprehensive coverage options
- Specialized policies available
- Rideshare coverage included
- New car replacement coverage
- Decreasing deductible option
Cons:
- Higher average premiums
- Fewer local agents in NJ
- Slower claims processing
- Lower customer satisfaction scores
Compare Both State Farm and Farmers Insurance
As an independent agency, we'll help you get quotes from State Farm insurance, Farmers insurance, and other top ten car insurance companies to find your cheapest rate.
State Farm vs Farmers Insurance FAQs
Is State Farm or Farmers cheaper for car insurance in New Jersey?
State Farm insurance typically offers cheaper car insurance in New Jersey with average annual premiums of $1,547 compared to Farmers insurance at $1,892. However, your actual rate depends on factors like driving history, location in NJ, and coverage needs. Both are top ten car insurance companies worth comparing.
Which company has better customer service - State Farm or Farmers?
State Farm insurance generally receives higher customer satisfaction ratings (4.2/5) compared to Farmers insurance (3.9/5). State Farm also has more local agents in New Jersey, making it easier to get in-person service, especially in Bergen County.
Does State Farm or Farmers offer more discounts?
Farmers insurance offers more discount options (15+ discounts) compared to State Farm insurance (12+ discounts). However, State Farm's good driver discount can save up to 30%, which may result in cheaper overall rates despite fewer discount categories.
Which insurer is better for high-risk drivers in NJ?
Farmers insurance typically offers more options for high-risk drivers with specialized coverage and programs. While State Farm may have cheaper standard rates, Farmers often provides more flexibility for drivers with accidents or violations on their record.
Can I get both State Farm and Farmers quotes through Midland?
Yes! As an independent agency, we can help you compare quotes from both State Farm insurance and Farmers insurance, plus other top ten car insurance companies. Call us at (201) 812-2184 for personalized quotes from multiple carriers.