What To Do When You Can’t Pay Your State Farm Bill
State Farm is an auto insurance company that’s been in business since 1922. The company currently services 81 million accounts and policies throughout the United States and Canada.
How To Pay The Bill
State Farm offers many convenient bill paying options: automatic payments, online payments, mobile app, walk-in, by phone, or by mail. You can choose to make payments monthly, quarterly, semi-annually, or annually, whichever best fits your budget.
Automatic Payments: State Farm will automatically deduct the payment each month from a checking or savings account, or with a Visa or MasterCard. They do not take American Express or Discover cards.
Online payments: Log in to your State Farm account to pay your State Farm Auto Insurance bill online using electronic funds transfer (EFT) from your checking/money market or savings account, Visa, or Mastercard.
Mobile: You can use the browser on your mobile phone to make a payment at m.statefarm.com, or login to the mobile app for iPhone and Android users, Pocket Agent.
Phone: Call 1-800-440-0998 to make a payment using your checking or savings account, MasterCard or Visa.
Walk-in: Visit your local State Farm office to pay by check, money order, Visa, or MasterCard.
Mail: You can mail a check or money order in the retunr envelope included with your bill. If you don’t have the bill or are enrolled in paperless billing, you can find the payment mailing address for your state at statefarm.com. Make the check or money order out to State Farm Insurance and write your policy number on the front.
Pay With Billfloat:
Billfloat.com is an online service that pays your outstanding bill and allows you 30 days to pay back. They require an account.
Questions About Your Billing Statement or Account?
Have you ever received your State Farm billing statement or account information and you do not fully understand the fees such as late payment charges or returned check fees? For a complete list of fees, you should visit the State Farm FAQs pricing schedule page. Additional information about your billing statement or account can be provided by a customer service representative by calling 1-877-734-2265 or 1-877-734-8472.
How The Penalty Fees Work
State Farm charges customers a variety of monthly fees. The majority of the fees are assessed based upon the the type of insurance and coverage. The penalty fees include late payment fees, returned check fees and at times a security deposit. The security deposit is dependent upon the credit history of the customer.
- Late payment - State Farm charge you a late payment fee up to $35 per instance.
- Returned check fee – In the event your payment is returned by your financial institution, State Farm charges you a fee of $35.
- Security deposit - The security deposit varies based upon your credit worthiness.
I Can’t Make A Payment
Your auto insurance policy is paid one month in advance. Your insurance policy will not be canceled until that time has run out. State Farm extends an additional 7 day grace period before the policy is canceled.
Will They Work With Me To Pay My Bill?
State Farm gives you 37 days to bring your account current if you pay by any method other than automatic deduction. If your payment is deducted automatically and you contact them before the payment is due, they will cancel the payment and roll it into the next month. This gives you 60 days to make the payment, but both payments will be due at that time.
If you’re a State Farm customer, or have been one in the past, let us know how they handled your billing questions or problems. We would love to hear from you!