Insurance & financial aggregators FAQs
We work hard to make sure your account information stays secure. These frequently asked questions provide information you should know before choosing to share your insurance and/or financial data with a third party.
General aggregator information
An insurance aggregator is a third-party website or mobile app that compares multiple insurance company rates to find the best rate. Often, these aggregators request permission to use your user ID and password for your current insurance provider to gain more accurate policy comparisons.
A financial aggregator is a third-party website, software application or mobile app that enables people to view their own financial resources such as checking accounts, savings accounts, credit cards, investment accounts, mortgages, etc., all in one place. Financial aggregators usually require permission to use your user ID and password to each financial institution to enable visibility in the app.
We understand that our customers may choose to share their insurance and financial information with these tools and services offered by third parties. Some customers see the value in their ability to simplify financial management. With your authorization, these third parties and their respective service providers can collect your insurance and financial data. This is known as aggregation.
All data shared with a third-party aggregator is governed by the third party's privacy and data retention policies. We recommend reviewing those policies before sharing your user ID and password, or any other data, to understand how the third party will use and store your account information and any other data collected.
Security tips for aggregators
Any sharing of user IDs and passwords with third-party websites, desktop applications or mobile apps is at your own risk. State Farm® is not responsible for the disclosure or use of your insurance or financial data by the third party. If you choose to share your user ID and password with a third party, you are responsible for the use of your account by the third party.
- All data shared with a third-party aggregator is governed by the third-party's privacy and data retention policies. We recommend reviewing those policies to fully understand what authority you're granting the third-party aggregator and their service providers.
- In some cases, the terms of a third-party aggregator or their service provider may allow usage of your credentials without your awareness.
- Some aggregators may store your credentials for future use. State Farm is not responsible for the misuse of your credentials due to a data breach of a third-party aggregator or their service providers.
If you have already used an aggregator service and are concerned with misuse of your credentials, resetting your user ID and/or account password will immediately end the access to your online account by the third-party aggregator and/or their service provider.
For additional protection, State Farm provides additional security features to help ensure only you can access your account. The two-factor verification process provides an extra layer of account security designed to keep your information safe.