State Farm
Comprehensive insurance and financial services backed by a vast agent network and one of the most trusted brands in America, offering personalized coverage and claims support.
Last updated Nov 14, 2026 by ATDb automated enrichment
AI-drafted from public sources1 source cited
At a glance
- Employees
- 50001+
- Revenue
- $90B+
About
Largest auto and home insurer in the United States by premium volume, consistently ranked in the top 10 of the Fortune 500
State Farm is a mutual insurance company and financial services provider headquartered in Bloomington, Illinois. Founded in 1922 by George J. Mecherle, it is the largest property and casualty insurer in the United States by premium volume, offering auto, home, life, health, and commercial insurance, as well as banking and investment products. The company operates through a network of approximately 19,000 independent contractor agents across the U.S. and Canada. State Farm is one of the most prominent advertisers in the United States, consistently ranking among the top spenders on television, digital, and sports media. Its long-running 'Like a good neighbor, State Farm is there' tagline is among the most recognized in American advertising. The company has invested heavily in celebrity endorsements, sports sponsorships — including partnerships with the NBA, NFL, and MLB — and high-profile Super Bowl commercials, making it a significant force in the media and advertising ecosystem. As a mutual company, State Farm is owned by its policyholders rather than public shareholders, and it does not trade on a stock exchange. It consistently ranks in the top tier of the Fortune 500, with revenues exceeding $90 billion. Its massive advertising budget and media buying activity make it a key customer for media agencies, broadcasters, digital platforms, and sports properties.
Business model
Mutual Insurance / Financial Services
Target market
Consumer (B2C) — individuals and families across the United States and Canada
What they offer
Auto Insurance
Vehicle coverage including liability, collision, comprehensive, and roadside assistance
Homeowners Insurance
Coverage for homes, condos, and renters against damage, theft, and liability
Life Insurance
Term, whole, and universal life insurance products
Health Insurance
Supplemental health and disability income insurance products
State Farm Bank
Banking products including checking, savings, and loans
State Farm Mutual Funds
Investment and retirement planning products
Commercial Insurance
Business insurance products for small and mid-sized businesses
State Farm Mobile App
Digital platform for policy management, claims filing, and roadside assistance
Key features
Use cases
Customer segments
Tech & specs
Technology stack
Security & compliance
Deployment
API
Limited
- 1922 · Founded