State Farm Maximum Number of Insured Properties

[Al D.]

Has anyone run into a problem getting over five properties insured for any one entity with State Farm? (Not umbrella.)

I have six+ insurers that I use across multiple states. Recently, State Farm became the best choice for one particular property, by a mile. A local agent there thought that as long as I don’t already have five properties insured with State Farm in that state, I am good.

I switched to State Farm, but then the underwriter turned it down because this was the sixth SF property I would have under the same entity name across multiple states. That agent said there was nothing he can do. Ok.

I just spoke with a local to me SF agent: He claims he has clients with over 10 properties with State Farm under same name and in same state, and that I should “force” the agent who initially wrote the policy to file an appeal, as this was likely an inexperienced underwriter.

Before I press the issue with that agent, I’d like to see if anyone has run into similar.

(Please do not suggest to change the entity name as a solution.)