State Farm Flood Insurance Review

#2 in Flood Insurance

State Farm is an insurance company that offers homeowners and businesses coverage for property damage and personal injuries during floods. It helps pay for the cost of repairs or replacement of damaged property or lost personal belongings. State Farm also offer flexible flood insurance plans that can be tailored to individual budget and coverage needs.

 

Company Profile

BBB Ratings

B

States Served

50

Age of Company

93

AM Best Ratings

A++

 

Structures Covered                    

State Farm covers all standard residential and business structures. Prior assessment of your property is required when applying for a policy.

Condo

Yes

Townhouses

Yes

Offices

Yes

Apartments

Yes

 

Plan Details

State Farm flood insurance plans are based on an annual contract. There is 30-days waiting period before the policy becomes effective. This means any flood damage that occurs before the effective date of your plan is not covered.

Policy Effectivity

30 days

Annual Plan

Yes

Minimum Coverage

Not Stated

Maximum Coverage

Not Stated

Sample Policy

None

Privacy  Policy

Yes

 

Coverage and Protection

State Farm insurance offers for valuables lost or damaged by floods in residential and commercial properties. Other damages such as floor coverings, debris removal and electrical and plumbing system are also covered.

 

Personal Injury

Yes

Cars

Yes

Appliance

Yes

Furniture

Yes

Electrical and Plumbing System

Yes

Personal Belongings

Yes

Floor Coverings

Yes

Debris Removal

Yes

Currency and Valuable Papers

No

Non-flammable insulation

Yes

Commercial

Yes

Residential

Yes

 

Coverage Limitation Areas

Unfortunately the company did not post information on their list of areas not covered in their flood insurance plans.

Basement

Not Stated

Crawl Space

Not Stated

Walk-out Basement

Not Stated

Enclosed Areas

Not Stated

 

Help, Support and Usability

State Farm has a variety of online resources such as an online coverage calculator for quick estimates.  Claims could also be made either online or through the phone.

 

Coverage Calculator

Yes

Online Quotes

Yes

Online Claims

Yes

Telephone Support

Yes

Email

Yes

Live Chat

No

FAQs

No

 

Flood Insurance at State Farm

State Farm certainly has a lot to offer in term of its flood insurance plans for both homes and businesses. Aside from its long list of covered items, the company also has a wireless home monitoring system for monitoring their properties 24/7. Overall, a good choice for flood insurance shoppers looking for solid coverage and service. 

Start your review for State Farm Flood Insurance