State Farm is a name brand insurance and finance company that is well-known in both the United States as well as Canada. They have become a powerhouse in auto, life and home insurance, earning a spot on the Fortune 500 list. With their brilliant advertising and catchy commercial jingles, even non-customers are familiar with the State Farm name. Read this article to learn more about State farm insurance.
Did you know State Farm was originally created as auto insurance for farmers only? A farmer, George J. Mecherle, founded State Farm insurance company in 1922. The company was founded on the principle that farmers in rural areas should not have to pay the same premium as urban and suburban areas. As revenue increased, so did their insurance policies to automobile holders outside of the farming world. Not too long after their services extended to people from all walks of life, the company delved into the areas of homeowner's insurance and State Farm life insurance as well. In the late 90's, expansion grew to include financial services under the name State Farm bank. State Farm has lived (and still abides by) those principles of standing up for their customers and what's right. State Farm bank In addition to being the #1 Auto Insurer, more policyholders choose State Farm than any other insurance company for their homeowner's insurance coverage. As a supplement to your homeowner's insurance, additional policies can be added for extenuating circumstances such as flood insurance or identity restoration coverage. Website Visit Statefarm.com for all the details regarding homes, what's covered and/or a homeowner's insurance quote is highly recommended. There are other features such as assistance in making a detailed home inventory list for your new policy.
The original auto insurance
Having been created as an auto insurance agency, State Farm has the impressive moniker of "Number 1 Auto Insurance provider". In 2007, State Farm announced that they would pay over $1.25 billion in dividends to their mutual auto insurance policyholders in 46 states, including the District of Columbia and New Brunswick in Canada.
There are several auto insurance discounts that you may qualify for with State Farm as well. From Good Driver Discounts to Accident Free Discounts and even a Defensive Driving Course Discount and more, this comprehensive insurance company offers a unique package of savings for its policy holders. Visit Statefarm.com for a state farm insurance quote online, or call for a car insurance agent at 1-877-734-2265 toll free.
- Statefarm.com (about media) (media_releases) (auto_dividends)
- Wikipedia.com (state-farm)