The State Farm Insurance is the largest car insurance company in the USA. This company works primarily through the local agents whose commitment to building strong in-person relationship. This commitment makes the company ranks the number in customer service.
State Farm Insurance was founded in 1992 with their commitment in providing the best service to the clients. G.J. Mecherle as the founder sold his first auto policy since its founding and have always been there for their customers as their commitment since then. They do not operate in the USA only. The company also operates in Canada. With the supports of more than 65,000 employees and more than 18,000 agents, they have serviced more than 81 million policies and accounts throughout both countries.
It is today, the year of 2014, State Farm Insurance ranks number one in the auto insurance. Eventhough it operates in more than one line business, the company always does great effort to make their policy holders satisfied.
Below are the facts of this company - based on its website data:
- A mutual company, with policyholder members
- Insures more cars and homes than any other insurer in the U.S.
- Is a leading insurer of watercraft
- One of the leading insurers in Canada
- Is ranked No. 441 on the Fortune 500 list of largest companies
- Has more than 65,000 employees
- Has 18,000 agents
- Policies and Accounts — 80 million at end of 2013
- Over 44 million in Auto
- Over 27 million in Fire
- Over 7 million in Life
- Over 900,000 in Health
- 78th largest bank in US in terms of assets — approximately $15 billion in assetsOver 450,000 accounts in Mutual Funds
- Sells approximately 100 products
- Processes about 34,000 claims a day
For more info about State Farm Insurance, you could visit its website at www.statefarm.com
