State Farm

State Farm, an insurer with more than a century of activity

State Farm is an insurance and financial services company that has been operating since 1922. Its activity is structured around a network of 19,000 agents, each assigned to a portfolio of clients, and a declared volume of more than 96 million policies and accounts. The entity presents itself as a mutual insurance company, a structure designed for member policyholders and focused on long-term strength and sustainable pricing.

Insurance products for vehicles, home, and life

The company's catalog includes auto, motorcycle, boat, ATV, RV and motorhome, travel trailer and camper insurance. In the area of home and property, it offers policies for homeowners, condominium owners, renters, rental property, manufactured homes, and personal articles. The offering is completed with life, personal liability, health, disability, identity theft protection, and pet medical insurance.

Coverage for businesses and agricultural activities

For the business segment, State Farm markets policies for small businesses, commercial liability, commercial auto insurance, contractor coverage, workers' compensation, and surety and fidelity bonds. It also has specific products for farm and ranch operations.

Discounts and savings programs

The company applies discounts linked to personalizing coverages and bundling policies. According to its data, customers who bundle auto and renters insurance save on average up to $900, and it is possible to combine auto insurance with homeowners, condo, or life policies. Among the savings programs for drivers are Drive Safe & Save®, with discounts of up to 30%, and Steer Clear®, aimed at young drivers with up to 20% savings. In the home segment, discounts are associated with bundling policies and home protection devices, roofing materials, or wind mitigation measures. The company indicates that discounts, their percentages, and their availability vary by state.

Financial and investment services

Beyond insurance, State Farm offers access to third-party banking products through alliances, as well as investment services including mutual funds, annuities, educational savings plans, and retirement planning. The entity specifies that neither it nor its agents provide tax or legal advice.

Policy management and customer service

Policyholders can manage their policies online or through the mobile app: pay bills and schedule payments, view and save insurance cards, change vehicles or coverages, file claims and track their status, and access policy details. The app has a 4.8 out of 5 rating based on more than one million reviews on the App Store and was recognized with a Hermes Creative Awards Gold in 2024 in the mobile app category.

Awards and community activity

The company was distinguished by TIME magazine as the best auto insurance brand in 2025, according to the entity itself. State Farm also develops initiatives for community engagement, environmental sustainability, and diversity and inclusion, and has an investment fund for startups, State Farm Ventures, aimed at incorporating innovative products and solutions for its customers.