State Farm Insurance Company

State Farm Insurance Company

Lines of Insurance:
Auto, Health, Long Term Care, Life, Disability, Homeowners

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Type of Insurance Company: Mutual

Insurance subsidiaries:
State Farm Mutual Automobile Insurance
State Farm Life Insurance Company
State Farm Fire and Casualty Company
State Farm General Insurance Company

State Farm Insurance Company Rating
Best Insurance Reports: A++

State Farm Insurance Company

State Farm
Type Mutual (main company)
Founded June 7, 1922
Founder(s) George J. Mecherle
Headquarters Bloomington, Illinois, U.S.
Number of locations 17,000 agents, 391 claim offices, 24 operations centers
Area served USA and Canada
Key people Edward B. Rust, Jr. (Chairman/CEO)
Industry Finance and Insurance
Services Insurance, Banking, Investing
Revenue US$61.611 billion (2007) ▲1.8%
Net income US$3.664 billion (2007) ▲US$687 million
Total assets US$104.842 billion (2007) ▲US$6.494 billion
Total equity US$58.142 billion (2006)
Employees 68,000
Divisions Insurance; mutual funds; State Farm Bank

State Farm Insurance Company is a mutual automobile insurance company headquartered in Bloomington, Illinois. State Farm operates throughout the U.S. and Canada. State Farm, owned by its policyholders was established on June 7, 1922 when G.J. Mecherle sold the inaugural auto policy. Initially the firm prioritized auto insurance for farmers and later expanded its services to include other types of insurance apart from banking and financial services.

State Farm offers a variety of services under the following lines of business:

  • Property and Casualty insurance
  • Life and Health insurance
  • Annuities
  • Mutual Funds
  • Banking products

The company is ranked 44th on 2013 Fortune 500 list of largest companies. It has 17,700 agents, 343 claim offices and 30 operations centers across USA and Canada. At present Edward B. Rust, Jr. holds the position of the CEO and chairman of State Farm Insurance Company.

How to claim?

Submit your claim online. A State Farm claims representative would process the claim quickly by contacting you to verify the claim.

The following are the subsidiaries of State Farm Insurance Company.

  • State Farm Fire and Casualty Company
  • State Farm Life Insurance Company
  • State Farm Life and Accident Assurance Company
  • State Farm County Mutual Insurance Company of Texas
  • State Farm Mutual Insurance Company of Texas
  • State Farm Indemnity Company
  • State Farm General Insurance Company
  • State Farm Florida Insurance Company
  • State Farm Lloyds
  • State Farm Bank, F.S.B.
  • State Farm Investment Management Corp.
  • State Farm VP Management Corp.
  • State Farm International Service, Inc.
  • State Farm Associate's Funds Trust
  • State Farm Mutual Fund Trust
  • State Farm Investor Services (Canada) Co.
  • State Farm Finance Corporation of Canada
  • SF Insurance Placement Corporation of Canada
  • Insurance Placement Services, Inc.
  • State Farm International Life Insurance Company Ltd.
  • Plaza One Realty Co.
  • State Farm Guaranty Insurance Company
  • State Farm Variable Product Trust

Company Financial Status:
Assets & Premiums: 2006 Assets: $98 Billion
2006 Premiums: $32 Billion
Standard & Poor's rating: AA
Moody's rating: Aa1
Fitch rating: AA+

State Farm Insurance Phone Number & Contact Details

State Farm Insurance
Chairman   Edward B. Rust, Jr.
One State Farm Plaza
Bloomington, IL 61710
877-734-2265