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USAA vs. State Farm Home Insurance

In this USAA vs. State Farm home insurance comparison, we go in-depth on each company’s coverage, prices, and reputation so you can make an informed decision.

Traditional American home. iStock

USAA and State Farm both offer homeowners insurance policies that include dwelling, other structures, personal property, loss of use, liability, and medical payments to others coverage. The biggest difference between the two companies is that USAA offers three more types of coverage in every policy, and State Farm offers more endorsement options.

To help you choose the best homeowners insurance company for your home, keep reading this USAA vs. State Farm home insurance comparison.

For free home insurance quotes in your area, call 855-948-5219 or enter your zip code in our free quote tool:

USAA vs. State Farm Home Insurance Comparison

Provider USAA State Farm
Provider USAA State Farm
Other structures coverage limits* 10% of dwelling 10% of dwelling
Personal property coverage limits* 50% or 70% of dwelling 50% of dwelling
Monthly price** $151 $122
Discounts available 5 3
Unique add-ons Flood Energy efficiency upgrade, service line
Customer service 24/7 for claims; limited for sales and service Hours vary by department
BBB rating B+ A+

*State Farm coverage information is from The Zebra

**Based on sample quotes our team received

USAA vs. State Farm Home Insurance Coverage Comparison

USAA and State Farm offer dwelling, other structures, personal property, loss of use, liability, and medical payments to others coverage. USAA also includes credit card and forgery, supplemental loss assessment, and business property coverage in all of its policies.

USAA Coverage

USAA asks questions about your home to determine rebuilding cost and uses a percentage of that number for dwelling, other structures, personal property, and loss of use coverage. You decide amounts for liability coverage, credit card and forgery coverage, supplemental loss assessment, business property coverage, and deductibles, which are split into wind and hail and all other perils.

USAA Coverage Amounts

Type of Coverage Coverage Options
Type of Coverage Coverage Options
Dwelling 80%–150% of rebuilding cost
Other structures 10% of dwelling
Personal property 50% or 70% of dwelling
Loss of use 20% of dwelling
Liability $100,000, $300,000, $500,000, or $1 million
Medical payments to others $5,000
Credit card and forgery $500, $1,000, $2,500, or $5,000
Supplemental loss assessment $1,000, $6,000, $11,000, $16,000, $21,000, $26,000, $31,000, $36,000, $41,000, $46,000, or $51,000
Business property $2,500, $5,000, $7,500, or $10,000
Deductible (all other perils/wind and hail) $500/1% of dwelling, $500/2% of dwelling, $500/5% of dwelling, $500/$1,000, $500/$2,000, $500/$5,000, $1,000/1% of dwelling, $1,000/2% of dwelling, $1,000/5% of dwelling, $1,000/$1,000, $1,000/$2,000, $1,000/$5,000, $2,500/1% of dwelling, $2,500/2% of dwelling, $2,500/5% of dwelling, $2,500/$2,500, or $2,500/$5,000

For more comprehensive coverage, consider adding on one of these USAA endorsements:

  • Limited water backup and sump discharge or overflow
  • Earthquake
  • Increased building ordinance or law
  • Flood
  • Valuable personal property

State Farm Coverage

State Farm also uses the rebuilding cost of your home to determine dwelling, other structures, personal property, and loss of use coverage.

State Farm Coverage Amounts

Type of Coverage Coverage Options
Type of Coverage Coverage Options
Other structures 10% of dwelling
Personal property 50% of dwelling
Loss of use 20% of dwelling

Note: This is based on the State Farm sample quote our team received. For a full list of your coverage options, contact your local State Farm agent.

State Farm offers a variety of endorsement options to customers:

  • Personal injury
  • Cyber event, identity restoration, and fraud loss
  • Home systems protection
  • Off-premises structures
  • Adult day care
  • Depreciated loss
  • Service line
  • Earthquake
  • Full replacement cost
  • Energy efficiency upgrade
  • Water backup and sump pump overflow

USAA vs. State Farm Home Insurance Cost Comparison

The average cost of homeowners insurance is about $101 per month. However, there are certain factors that may increase or decrease insurance rates and premiums, like your claims history, your credit score, the condition of your home, the level of crime in your neighborhood, the amount of coverage you choose, and your insurance provider.

To see how USAA and State Farm compare to the national average, we reached out to the companies for quotes.

USAA Cost

After determining that a sample home would cost $329,000 to rebuild, dwelling, other structures, personal property, and loss of use coverage amounts were calculated. We chose the lowest amount of coverage for credit card, supplemental loss, and business property, and the standard amounts for liability, medical payments, and deductibles.

USAA Cost Breakdown

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $329,000
Other structures $32,900
Personal property $164,500
Loss of use $65,800
Liability $300,000
Medical payments to others $5,000
Credit card and forgery $500
Supplemental loss assessment $1,000
Business property $2,500
Deductible (all other perils/wind and hail) $1,000/$1,000
Monthly cost $151.17

USAA has five discounts that could help decrease your insurance premium:

  • Bundling insurance policies
  • Being claims-free
  • Having home security systems
  • Insuring your home for the full amount of the rebuilding cost
  • Buying a new home

State Farm Cost

The quote process for State Farm looks similar to USAA, with dwelling, other structures, personal property, and loss of use coverage determined by the rebuilding cost of your home, and liability, medical payments, and deductible amounts determined by the homeowner.

State Farm Cost Breakdown*

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $250,000
Other structures $25,000
Personal property $125,000
Loss of use $50,000
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly cost $122

*Based on pricing information from The Zebra

State Farm offers a few discounts to help lower your insurance premium:

  • Multiple line
  • Home alert protection
  • Roofing

Our Conclusion

After comparing USAA and State Farm, the This Old House Reviews Team recommends State Farm for basic coverage and USAA for comprehensive coverage.

A State Farm policy includes the six main types of homeowners coverage at a relatively affordable price. You can also customize your coverage with more than 10 endorsements.

However, State Farm has limited customer service hours, which makes it difficult to reach a representative during emergencies. The company also requires you to talk to an insurance agent before receiving a quote, which extends the quote process and makes it difficult to compare all of your coverage options in one place.

In comparison, USAA allows you to get an insurance quote completely online. This quote not only includes the six main types of coverage in your policy, but it also includes three more coverage options for credit cards, supplemental loss, and business property. While USAA has fewer endorsement options than State Farm, it allows you to choose your coverage amounts in areas that aren’t typically customizable, like dwelling and personal property coverage.

Note: Before purchasing any USAA insurance product, you must be a current or past military member or an immediate family member of a military member. If you fit that description and become a member, you’ll have access to the USAA bank and shopping discounts on top of insurance products and services.

Before deciding which company is right for you and your home, consider getting quotes from at least three insurance providers by calling 855-948-5219 or using the tool below.

FAQs About USAA and State Farm Home Insurance

Does homeowners insurance cover natural disasters?

Most base policies will not cover natural disasters like earthquakes, floods, and hurricanes. However, most insurance companies, including State Farm and USAA, offer an endorsement for natural disaster coverage.

What is hazard insurance?

Hazard insurance, also known as dwelling and other structures coverage, is the part of your home insurance policy that covers the structure of your home. This type of insurance is usually required by your lender because it ensures the home remains in good condition if you ever default on your loan and the home needs to be sold.

Can I get home insurance for my mobile home?

Yes. Almost all home insurers, including USAA and State Farm, offer a specific mobile home insurance policy. A mobile home insurance policy includes the same coverage as a regular home insurance policy, but it takes into account the different building process and materials used in a mobile home.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.