State Farm Payment Options

What Are State Farm Car Insurance Payment Options?

Insurance companies recognize that paying for car insurance is nobody’s favorite thing to do. State Farm is no exception, so it offers customers a range of convenient options, helping you control how much to pay, when to pay and the methods of paying, from credit cards to money orders.

Methods of Payment

First, let’s take a look at how to pay. State Farm accepts all of the following payment options:

Where To Pay State Farm

Next, let’s cover all the different ways State Farm customers can make their car insurance payments. If you’re a State Farm policyholder, you can choose to pay:

DigitallyThis is likely the quickest and easiest way. You can use the State Farm app or visit its payment portal online to make a payment anytime, day or night. In personIf you’d prefer, you can either visit or call your local State Farm agent and pay with a credit card or with a check or money order made out to State Farm.By phoneCall 1-800-440-0998 24/7 and use a credit card or checking/savings account to make payment using State Farm’s automated self-service options. By mailState Farm customers can send a check or money order to:

State Farm Insurance CompaniesInsurance Support Center – EastP.O. Box 588002North Metro, GA 30029

When and How To Pay

Finally, let’s cover State Farm’s car insurance payment options for when and how to make a payment. The insurer’s payment plans provide the flexibility to:

The biggest benefit to paying your premium all at once is that you never have to remember your payment due date or worry about missing a payment, being late on a payment or having your coverage lapse

State Farms also offers several other helpful payment-related services, including email reminders, paperless billing and the ability to make a one-time payment quickly without having to log into an account.

Payment Discounts From State Farm

Some car insurance companies will offer a “paid-in-full” discount if you go pay for an entire policy period up front. While State Farm doesn’t offer a discount for this.

While State Farm does not offer a discount for paying your premium in full or for choosing its paperless billing option, it does offer a handful of other ways to save based on how you put your policy together. 

How Long Does State Farm Give You To Pay Your Bill?

State Farm provides a grace period of 10 days beyond a due date to make a payment. Any payments received within that period are not subject to late fees or policy cancellation. However, it’s always in your best interest to make your car insurance payments consistently and on time to avoid having a lapse in coverage. Lapses can cost you money in the long run. 

State Farm lets its customers set their payment due date between the 1st and 28th of the month. If you set up autopay, State Farm will retrieve your payment automatically on the date that you selected. Even if you don’t have autopay set up, you must pay your car insurance bill by the selected due date. 

You can receive email reminders about when your payments are due. State Farm sends reminders five days before your due date or if your payment is past due or if a bank declined it.

What Are Late Payment Fees for State Farm?

If State Farm does not receive a payment within the 10-day grace period of a bill being due, it will send a cancellation notice. State Farm does not charge late fees. If you are beyond the grace period of making your payment, the insurer will cancel your insurance.

What Happens If I Miss a Car Insurance Payment?

If you miss a car insurance payment, State Farm may cancel your policy. If that’s the case, it could end up costing you a lot more money in the long term. Here’s how:

You May Have To Pay for Damages Out of Pocket

If you drive without insurance even for a day or two, the risks to your finances are great. If you’re in an accident while you’re uninsured, the financial cost could be devastating. The average cost of an accident starts at close to $6,000 and goes up from there. According to the National Safety Council, accidents involving disabling injuries can cost as much $155,000, on average. So, unless you have thousands of dollars saved up for a rainy day, driving without insurance — even for just a short period of time — is a major risk.

Your Next Car Insurance Rates Could Rise

If State Farm cancels your policy, you have a lapse in coverage. This situation could cost you more in future car insurance premiums. Insurance companies view drivers with a lapse in coverage as a greater risk and more likely to get into an accident. So, they charge them more money for insurance. A lapse in coverage of only 30 days could result in a 35% increase in car insurance rates.

You May Suffer Legal Actions

Depending on the state where you live, driving without insurance can carry a fine of up to $1,500. Some states may require jail time, even for first offenses. This is all why making on-time car insurance payments is important. You do not want to flirt with even a short lapse in coverage or, worse, no coverage.

State Farm Insurance Payment Options: The Bottom Line

State Farm’s payment options let customers pick a method that fits their finances and personal preferences. Customers have many choices throughout the process.

Car Insurance Recommendations

If you’re paying for car insurance, why not make sure that you have the best policy you can get at the best possible rate? Here are a few recommendations for getting quality coverage at affordable prices.

Geico: Affordable for Most Drivers

When it comes to affordability, Geico remains at the top of the car insurance list. In addition to low prices, it offers quality customer service and an array of digital products intended to make every aspect of car insurance easier, from getting a quote to paying a bill. Geico customers can also make payments online 24/7, on the app and by phone.

Read more: Geico Insurance ReviewCompare: State Farm vs. Geico

Progressive: Low Rates for High-Risk Drivers

The MarketWatch Guides team rated Progressive as one of the best car insurance companies of 2023. As the second-largest U.S. auto insurer, Progressive is a smart option for drivers with certain risk factors in their profiles. If you’ve missed a car insurance payment before and have had a lapse in coverage, Progressive is where to start looking for a better rate. 

Read more: Progressive Insurance ReviewCompare: Geico vs. Progressive or Progressive vs. State Farm

State Farm Online Payment: FAQ

Below are frequently asked questions about State Farm’s online payment options.

Can you pay State Farm over the phone?

Yes, you can either call your agent to make a payment or can call 1-800-440-0998 at any time of day. You must use a credit card or a checking or savings account to make the payment.

What happens if I miss State Farm payment?

If you miss a State Farm payment by more than 10 days, the insurer will send you a cancellation notice and cancel your policy. 

What payment methods does State Farm offer?

State Farm takes payments from credit cards or debit cards (Visa, MasterCard, American Express, Discover, Diners Club and JCB), check, money order or automatic withdrawal from a checking or savings account.

Our Methodology

Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. The result was an overall rating for each provider, with the insurers that scored the most points topping the list.

Here are the factors our ratings take into account:

Our credentials:

*Data accurate at time of publication.