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Tag: What is State Farm corporate office phone number

when was state farm established

when was state farm established插图

Who started State Farm?

State Farm, well known for being a good neighbor, was founded in 1922 by retired farmer and insurance salesman George Jacob (G.J.) Mecherle in Bloomington, Illinois. G.J. started State Farm to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. Agent, John Kizziah with his Team, Pensacola, FL …

What is State Farm customer service number?

The State Farm toll-free customer service number is 855-733-7333 855-733-7333. Is there a toll-free number for a rate quote? You can contact us at 800-782-8332 800-782-8332 (800-STATE FARM). State Farm Customer Service Telephone Number – Find The …

What is State Farm corporate office phone number?

The group’s main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies. The corporate headquarters are in Bloomington, Illinois. State Farm complaints contacts. Call Customer Care on 855-733-7333. Visit Customer Care Contact Form. Follow State Farm. Tweet State Farm. Watch State Farm

Who is the owner of State Farm Insurance Company?

State Farm was founded in June 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. The firm specialized in auto insurance for farmers and later expanded services into other types of insurance, such as homeowners and life insurance, and then to banking and financial services.

When did State Farm pay the 200 million?

Then, in 1998, the firm was forced to pay 200 million in a class action suit that claimed State Farm life insurance agents had used misleading sales tactics.

When did State Farm start fire and casualty?

In 1935 , State Farm began its Fire and Casualty Company.

How many auto insurance policies did State Farm have when George Mecherle died?

When George Mecherle died in 1951, State Farm had over two million auto insurance policies in effect.

What is State Farm Mutual?

State Farm Mutual Automobile Insurance Company has been the number-one automobile insurer in the United States since 1942.

What year was the State Farm disaster?

During 2001 the company s third largest catastrophe year in its history State Farm faced several challenges.

What is the slogan of State Farm?

Since 1971 State Farm had centered its marketing around the slogan Like a good neighbor, State Farm is there.

When did State Farm offer 20 savings?

In 1962 , State Farm offered auto insurance for 20 savings to students who were doing well in school, based on the hope that if they were home studying for their good grades, they would be less likely to be out driving cars.

What is State Farm’s leadership team?

The State Farm leadership team is committed to building on our shared values of quality service and relationships, mutual trust, integrity, and financial strength.

How many employees does State Farm have?

State Farm is a mutual company that makes its primary focus its policyholders. Our more than 55,000 employees and more than 19,000 independent contractor agents service 83 million policies and accounts throughout the U.S.

What is State Farm ranked on the Fortune 500?

Did you know that State Farm ranked No. 36 on the Fortune 500 list? Learn more facts about our company!

What was the state farm industry like in the 1980s?

In the 1980s, the property and casualty insurance industry faced many growing pains. There were storms, disasters, and changes in the legal and regulation environments. Again, through strong leadership that focused on the principles of honesty and integrity, the company was able to come through the storm stronger than before. Many other insurance companies were not as fortunate, but State Farm continued it commitment to policyholders.

What was George Mecherle’s idea?

George Mecherle’s original idea of selling lower cost insurance to people who were lower risks seems like common sense now, but it was new an innovative at the time. When George first started selling insurance, the rest of the insurance industry did not use this idea of adjusting rates based on the characteristics of the risk, everything was just thrown into one pool. This made insurance for farmers and rural residents overpriced. George’s perspective opened up new ideas in insurance that were not used previously. This helped him grow his early insurance business. George formed a mutual company, that initially concentrated on rural and small town drivers who, usually, had less accidents and were less costly to insure. He was able to sell many more policies than his competition because people had the same basic idea that they should be charged less than big city rates.

How many employees does State Farm have?

Today, State Farm is number one property and casualty insurer in America, and is one of the top companies of the Fortune 500. It has over 79,000 employees and more than 16,000 agents, with over 70 million policies. State Farm continues it expansion and has announced plans to expand it operation in several urban areas, to continue better serving its policyholders.

Why is State Farm a good neighbor?

This investment, and the attention State Farm was paying to its customers helped it survive and thrive when other companies were having major difficulties at that time. State Farm continues to adapt to the technology and customer needs of the time, State Farm Insurance always seeks to be a "good neighbor". This "good neighbor" attitude helps State Farm continue to expand.

When did State Farm start fire and casualty?

In 1935 , State Farm began its Fire and Casualty Company. In its on-site museum, is a restored 1935 Mack Fire Truck, which symbolizes the beginning of the State Farm Fire and Casualty Company.

Who is George Mecherle?

State Farm Insurance Company was founded in 1922 as a mutual insurance company by a local farmer named George Mecherle. George was a farmer like his parents who immigrated to the United States from Germany in the early 1880s. Source. George was born in Merna Illinois on June 7, 1877, and he died at the age of 73, on March 10, 1951. George is buried in Bloomington, Illinois, the town that is home to the company he founded. George married two times. After his first wife died in 1944, he then married his second wife Sylvia. Sylvia died in 1965, when she was 80 years old. Source . George Mecherle, was a farmer until about the time he was 40 years old, which is when his wife became ill and he had to leave farming. George started selling insurance with a Bloomington insurance company after he stopped farming. Running his own farm helped him become a creative thinker. he was always looking for ways to run his farm better. These characteristics stayed with him when he became a salesman. George was an open and honest man. One day, he told his boss at the insurance company some of his good ideas about improving the business, and the boss told George that he could take his ideas an open his own company if he didn’t like the way things were run at the company where he worked. No surprise, George decided to start his own company. He took his original idea of providing lower cost insurance for farmers and people who lived outside the city with him to start his own company, and started selling insurance to farmers and rural automobile owners.

Was State Farm an innovator?

State Farm was also a pioneer and innovator in many insurance concepts and processing their own ideas. Though the concepts, innovations, and pioneering ideas have changed over time, the spirit of innovation lives on. From sewing machines used to sew policy records together, to employees with roller skates to speed deliver of internal mail and documents, the lists of innovations goes on.