Are you debating between insurance providers? Choosing the perfect auto insurance company for you and your family is always important. Let’s review two well-known auto insurance companies. In this Amica vs State Farm comparison we will take a look at insurance pricing, claims, mobile apps, discounts, and more.
Let’s check out the history of each company.
State Farm was founded in 1922 by George J. Mecherle who was a retired farmer at the time. Now the company has over 70,000 employees and 19,000 agents. Out of over 200 auto insurance companies State Farm is the largest auto insurer in the world.
Amica was founded by A.T. Vigneron in 1907. Amica Mutual is well-known for their awesome customer service and their claims settlement process.
Who has the cheapest auto insurance?
Monthly insurance rates vary from customer to customer. Amica has mixed reviews when it comes to pricing. Many customers are able to receive awesome coverages at fair rates. Amica even has many ways for their customers to save yearly. However, there are also customers who complain about premium increases.
I personally was able to receive a slightly cheaper insurance quote with State Farm. However, there are some people who have been denied insurance with State Farm due to their driving record. It is crucial that you compare quotes today.
Amica discounts
Multi-car – With Amica you are able to save up to 25% when you insure multiple vehicles.
Legacy – This is a family auto insurance discount. To qualify for this discount, you have to have parents that have been with Amica for at least 5 years. As long as you’re under 30 years old, then you will qualify.
Home insurance – Do you have home insurance? If the answer is yes, then you can save money with Amica. The great thing about this is that your home insurance does not have to be with Amica to qualify for this discount.
E-discount – Save on your premium when you sign up to receive your bills electronically. Not only does this help you to save money, but it is also better if you hate receiving mail from your car insurance company.
Loyalty – Have you been with an auto insurance company for 2 years or more? If so, then you can save with their loyalty discount. The longer that you have had auto insurance with one company the more you can save on your premium.
Claims – When you have been claim free for the past 36 months, then you can save with their claims discount.
Forward-collision warning – Save money on your auto insurance if your vehicle has a collision-avoidance feature.
Student away at school – When you have a child away from home at school, then you may be able to save 5% or more on your auto insurance.
Defensive Driver discount – Amica Mutual has partnered with SafetyServe.com to offer an online defensive driver course. Qualified adults who complete this driving course can save on their policy.
State Farm car insurance discounts
Steer Clear – Young drivers under 25 years of age without any at-fault accidents or moving violations in the past 36 months can save up to 25% on their auto insurance.
Drive Safe & Save – When you enroll in Drive Safe & Save you can save about 5% right away on your car insurance. The safer you driver the more you will save on your auto insurance.
Accident-Free Discount – To qualify with this discount, you need at least 3 continuous years without a chargeable accident. The benefit of State Farm’s Accident-Free Discount is that the longer you go without a chargeable accident the more you can save.
Good Student Discount – State Farm’s Good Student discount is unlike any other. With State Farm this discount lasts even after you graduate college. Take advantage and save until you’re 25 years old.
Defensive Driving Course Discount – Depending on where you live you can take advantage of State Farm’s safety courses and save.
Driver Training Discount – You may qualify if the drivers of your car who are under 21 complete an approved driver education course.
Multi-line – If you bundle your policies such as homeowners, renters, condo, or life insurance you can save over 15% on your auto insurance.
State Farm checking account – No monthly fees, ATM fee rebates, mobile banking with the Pocket Agent app, mobile check deposits, overdraft protection, and more.
Which company offers better insurance claims for their customers?
To examine both companies we will be using J.D. Power. J.D. Power is a global leader in consumer insights. In the annual J.D. Power Auto Claims Satisfaction Study Amica Mutual beat out all other car insurance companies in overall satisfaction. It was the only company to be rated 5 stars out of 5 stars.
In the initial claims reporting process and the claims servicing process Amica has 5 stars in both categories while State Farm has 3 out of 5 stars. Amica is the only company that received a 5 out of 5 stars in the settlement category.
This is important because some insurance companies can give you a horrible settlement. You want a fair company that is not going to rip you off and according to J.D. Power, Amica Mutual offers the fairest settlements of all insurance companies. Amica was also one of the top rated companies in the J.D. Power Home Insurance Study.
Products available
The more insurance policies that you can bundle together the more you can save. It is always awesome to have a company with policies that you might need.
These are the insurance products that Amica has to offer.
Auto, home, life, umbrella, renters, marine, motorcycle, wedding and event, small business, and retirement insurance.
These are the insurance products that State Farm has to offer.
Auto, homeowners, condo owners, renters, long-term care, medical supplement, hospital income, and life insurance.
App comparison
The State Farm Pocket Agent allows users to contact and search for an agent, submit an auto claim, find roadside services, pay their auto insurance bill, deposit checks, transfer money, view Premium ID card, and more.
The Amica app has some features, but not to the same extent that State Farm has. With the Amica app you are able to make payments on the go, file claims, submit photos, and review policies. The con of using the Amica app is that many users reported app crashes.
Which is better?
The Amica Mutual and State Farm comparison is very close. State Farm is the larger company and with a larger company you usually have more features available to you.
Although State Farm has more features, Amica excels in claims. I strongly recommend that you compare quotes today!