State Farm Insurance Company

State Farm Insurance Company facts and figures

State Farm Insurance is the Largest Group of Insurance Policy and Financial Services Provider in the USA. State Farm Insurance Company has its headquarters in Bloomington, Illinois United States. State Farm is the largest Property Casualty and Auto Insurance Provider in the United States. State Farm is Ranked on Number 36 in the List of 500 Largest corporations by total revenue in the United States of America. State Farm Insurance Company is Number 1 ranked Insurance Company in Our List of Top Insurance Companies in the USA.

state farm insurance company

History of State Farm Insurance Company

State Farm Insurance Company was founded in 1922 by retired farmer “George J. Mecherle” as an automobile insurance company. It was a specialized Auto Insurance company for farmers. Later on, State Farm expanded its services into other types of insurance, such as life and homeowners insurance. After this, they also started banking and financial services.

Logo of State Farm Insurance Company

state farm insuranceFirst Logo of the State Farm Insurance Company was a red tri-oval logo which was created in the 1940s and then it was updated in 1953. For nearly 60 years, this logo remains the brand image of State-Farm.

On December 23, 2011, State Farm decided to modify its tri-oval logo to a brand new logo which will present the services of auto, fire, and life insurance which are offering by Company. On January 1, 2012, when Company was Celebrating the 90th anniversary the new logo was introduced. It consists of a simple three-oval design adjacent to the State Farm Impression. According to Marketing Vice President at State Farm, “Pam El“,  a change in Brand’s image was needed to employ a bolder presence that could compete in the Modern Age.

State Farm Insurance Company Rank

This is the Rank according to their service which they provides to Car Insurance Users.

Company Rank
USAA1
Travelers2
State Farm3
Geico4
Farmers5
Nationwide6
Progressive7
Allstate8
Liberty Mutual9
American Family10

How we Created State Farm Insurance Review?

We have collected data from different People who were actually customers of States Farm Insurance Company. We also collected data from online sources where users leave their reviews about their Insurance Company. From this research, we have collected data and created a review.

Read Important facts about Nationwide Insurance Company

State Farm Rating and Review

state farm insurance company

 

Total Policies Served by State Farm Insurance Company

As of February 2014 figures show the firm 80 million policies in the United States and Canada So far. There is a total of over 44 million automobiles insurance, 27 million for fire, 7 million for life, and more than 2 million bank accounts are servicing by the company. In 2019 the company claims that they have served 83 million Policies in the United States.

CEOs

NameServiceYears Served
George J. Mecherle1922–193714
Raymond Mecherle1937–195416
Adlai Rust1954–197015
Edward B. Rust, Sr.1970–198514
Edward B. Rust, Jr.1985–201529
Michael Tipsord2015–Present

Types of Insurance they Offers

As we can see in the Logo of The company Auto, Life, Fire. This logo represents the services which are offering by Company. So, the company offers the following Services

    • Automobile Insurance
    • Homeowners Insurance
    • Property Insurance
    • Life Insurance
    • Health & Disability Insurance
    • Small Business Insurance

Contact Information about State-Farm

If you looking for State Farm Insurance Company Phone Number or want to contact the Company then you can contact them by following Sources

A Short Table of Information

Here is a short Table of Company’s info. From which you can find more details about the company

TypeMutual
IndustryInsurance
FoundedJune 7, 1922 (96 Years ago)
FounderGeorge J. Mecherle
HeadquartersBloomington, Illinois, United States
Number of Locations18,000 agents, 343 claim offices, 30 operations centres
Area ServedUnited States
Key PeopleMichael Tipsord (Chairman, President & CEO)
ServicesInsurance, Banking, Investing
Revenue$87.6 billion USD (2017)
Net Income$2.2 billion USD (2017)
Assets$241.183 billion USD (2015)
Total Equity$75.900 billion USD (2013)
Total Employees65,664
DivisionsInsurance; mutual funds; State Farm Bank
Websitewww.statefarm.com
Contact Number855-733-7333

Frequently Asked Questions

Q: What is State Farm?

Ans: State Farm is an Insurance Company which provides different Insurance Plans and Services to its Customers in the United States.

Q: Where is it Located?

Ans: It is located in the United States of America. It’s headquarter is situated in Bloomington, Illinois, United States.

Q: Which type of Services does State Farm Provide?

Ans: It provides Insurance, Financial and Banking Services in the United States.

Q: Who is the Founder of it?

Ans: George J. Mecherle was the founder of State Farm Insurance Company

Q: When State-Farm Insurance Company was founded?

Ans: State-Farm Company was founded on June 7, 1922, by a retired farmer “George J. Mecherle”

Q: How can I get my Insurance Policy from State-Farm?

Ans: There are over 18,000 agents, 343 claim offices, 30 operations centres in the United States. You can visit them or call on their toll-free number 855-733-7333 to get your Policy.

Q: How many Insurance agents does State-Farm have?

Ans: The Company have more than 65,000 employees and more than 18,000 independent agents service 80 million policies and accounts throughout the U.S.

How useful was this Article?

Click on a star to rate it!

Average rating / 5. Vote count:

Close