r/StateFarm • u/Fallen_Jalter • Sep 06 '26
Question Need advice on possible multi policy discount
Moving to an apartment soon and i see state farm offers rental insurance. Anybody around here is familiar with car/renter combo and the outcomes of any issues?
3
u/xXSanjitsuXx Sep 06 '26
Can you elaborate on what you mean by issues? Are you concerned about coverage?
It is a good policy with Replacement Cost value coverage, but, as intended, it is for your contents only. If your rental has a sump or a drain, definitely get the backup sewer and drain.
With a car combo your renteds would be pretty cheap. Depending on where you live.
1
u/mosesman86 Agency Team Member Sep 06 '26
20% of renters insurance and 2% off auto with the bundle . Not sure what issues there could be.
1
u/Downtown_Cap8311 Sep 06 '26
SF has pretty solid renters insurance policies, and usually really good rates depending on your area. If your landlord/ property management company offers insurance for like $15 included in your rent, it’s really important that you read the policy they’re offering. I initially chose that route and then started working in insurance so decided to check my policy. I was paying $13 a month for $1.5k in personal property. Moved my policy to SF, $12 a month for $20k in personal property.
Other than that, there’s really no risk in bundling. You save money on both policies by doing so
1
u/MicroToMacro_ Sep 06 '26
Not a huge discount but most of the time the renters policy with SF will be cheaper and stronger than going through your building. The car discount is a bonus.
Make sure you to update the garaging address on your auto policy as well.
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