COMPANY OVERVIEW

Fast Facts

Do you need information about State Farm®? Here you'll find fast facts including headquarters location, number of policies held, and more.

Name of Company and Headquarters

State Farm
Address: One State Farm Plaza, Bloomington, Illinois
Chairman and CEO: Edward B. Rust Jr.

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 a leading insurer of watercraft
  • Is ranked No. 411 on the Fortune 500 list of largest companies
  • Has more than 65,000 employees
  • Has 18,000 agents

By the Numbers

  • Policies and Accounts — 82 million at end of 2014
  • Nearly 44 million in Auto
  • Over 27 million in Fire
  • Nearly 8 million in Life
  • Nearly 900,000 in Health
  • 73rd largest bank in US in terms of assets — over $17 billion in assets
  • Over 500,000 accounts in Mutual Funds
  • Sells approximately 100 products
  • Processes about 35,000 claims a day

1 Based on 2014 Fortune 500 list of companies