Any discount from State Farm Insurance?

Just wondering if anyone is getting a Home Insurance coverage discount with State Farm Insurance.
If you do what is the amount?

State Farm offered a 10%

State Farm offered a 10% discount until the Spring of 2013.

At that time they told agents that based on claims history, alarm systems produced no measurable change in either number of claims or amount of settlement. Burglars apparently have adapted and are simply in and out too quick for an alarm to matter.

They dropped the discount completely.
Existing customers may be grandfathered in: I don't know.

My State Farm policy, which

My State Farm policy, which also includes a discount for car coverage, will be reduced $120 per year for having the system. If I added a smoke detector there would be no additional reduction.

State Farm has also reduced

State Farm has also reduced our homeowner's policy by 10%, or about $12/month. This was just applied today.

@kevin.m.mcgraph

@kevin.m.mcgraph @jcschmidt40

Thank you for sharing! This is great information.

Kelley
SimpliSafe Home Security

My State Farm agent would

My State Farm agent would reduce my premium 2% for having the burglar alarm. I just bought a smoke alarm and the savings went to 10%. I also have the freeze sensor, and though the agent agreed they should give a discount, they didn't currently have one. This was not grandfathered in - I had the policy for 4 years but just got the 10% off (and will get a pro-rated rebate for the rest of this year's premium) today.

@ChrisAshton84 Thank you for

@ChrisAshton84

Thank you for sharing!

Kelley
SimpliSafe Home Security

I presented my monitoring

I presented my monitoring certificate today and was told I would be getting a 7% discount.

@viclye1 Glad to hear it!

@viclye1

Glad to hear it! Thanks for sharing!

Kelley
SimpliSafe Home Security

I got about 9%. I got a

I got about 9%. I got a refund check for $86 since I already paid for the year. Nice little bonus I guess.

@weber1003 Glad to hear you

@weber1003

Glad to hear you received a discount! Thank you for letting us know!

Kelley
SimpliSafe Home Security

I just got the State Farm

I just got the State Farm discount as well. It's not very big, but it does seem to be currently available. I've had the policy for many years, but just got the alarm discount, so I don't know whether the age of my policy had any impact on getting the discount.

Just checked with my agent

Just checked with my agent and was told 5%, how generous!
Kind of disappointing after reading from SimplySafe that it could be as much as 20%. What a joke!!

@joekleen_1 Thanks for

@joekleen_1

Thanks for posting! The discount that you may receive on your home owner's insurance is entirely dependent on your insurance provider and agent, but we have had many people receive up to 20% off on their insurance. Please let us know if you have any questions or need any help!

Kelley
SimpliSafe Home Security

If you don't like the

If you don't like the discount from State Farm, you could shop around for other insurance. Keep in mind the TOTAL cost, that is, a 20% discount for alarm is meaningless if the cost for equivalent coverage and service is 30% more...

Also, the discount we've seen here seems to vary widely. I'd have a frank discussion with your agent to find out why you are offered 5% and others are getting up to 10%.

@sevensiamesecats Thanks for

@sevensiamesecats

Thanks for sharing!

Kelley
SimpliSafe Home Security