State Farm HO-3
Balanced homeowners policy — not the cheapest, not the most expensive. Bundling with auto usually pushes the combined bill below competitors.
Use this page as a benchmark, not as a guaranteed quote or eligibility promise. The price, rate, fee, coverage, or feature set can change with location, customer profile, promotional timing, scope, and provider terms. Compare the current source disclosure before you buy or sign.
FairPrice Guru keeps the benchmark separate from the provider's marketing. A higher price is not automatically unfair when it buys more coverage or a better scope, and a lower headline price is not automatically better when fees, restrictions, or missing features change the real cost.
Price and terms
- Monthly price: $145
- Annual price: $1,740
- Deductible: $1,000
FairPrice score: 82/100
Coverage
HO-3 standard homeowners, $300k dwelling
Features
- Dwelling + personal property
- Loss of use
- Personal liability
- Optional water backup
Pros
- Strong bundling savings
- Trusted claims process
- Local agents
Cons
- Roof age can trigger big premium hike
- Slower online workflow
Best for
- homeowners
- bundle
- family
Official source · Last verified 2026-07-04