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State Farm® - Fast Facts

Fast Facts

Local News & Contacts

Press Contacts

Name of Company & Headquarters

  • State Farm
  • One State Farm Plaza
  • Bloomington, Illinois
  • Chairman and CEO: Edward B. Rust Jr.
  • statefarm.com® (U.S.)
  • statefarm.ca® (Canada)

Lines of Business

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

Agency Type and Marketing Channels

Independent contractor exclusive State Farm agents

State Farm…

  • Is a mutual company, with policyholder members
  • Insures more cars and homes than any other insurer in the U.S.
  • Is the leading insurer of watercraft
  • One of the leading insurers in Canada
  • Is ranked No. 43 on the Fortune 500 list of largest companies
  • Has more than 65,000 employees
  • Has 17,800 agents

By the Numbers

  • Policies and Accounts – 81 million at end of 2010
    • Over 43 million in Auto
    • Over 27 million in Fire
    • Over 7 million in Life
    • Over 900,000 in Health
    • 73rd largest bank in US in terms of assets – 14 billion in assets
    • Over 430,000 accounts in Mutual Funds
  • Sells approximately 100 products
  • Process about 35,000 claims a day

Securities Issued by State Farm VP Management Corp. For more information, call 1-800-447-4930 (Mutual Funds) or 1-888-702-2307 (Variable Products).

Securities, insurance and annuity products are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.

State Farm VP Management Corp. is a separate entity from those State Farm entities which provide banking and insurance products.

Neither State Farm nor its agents provide investment, tax, or legal advice.

AP2013/04/1025