I want to start by saying that I’ve been a State Farm Agent for 25 years, and my father was an agent for 36 years before me.
Because of this, I know quite a bit about the company and other companies in this market.
To answer your question, Is State Farm a good insurance company?
It depends on what you think makes a good company.
Most people seek 24-hour service, quick and easy claim settlement, local agents, lower premiums, financial stability, a good reputation, experience, and online policy access.
State Farm might be a good choice if these are important to you. They offer all of these features.
State Farm has over 18,000 agents across the country, so you can likely find a local agent no matter where you move.
Another interesting fact is that State Farm is owned by its policyholders, not stockholders. The company is mutually owned by all its insureds.
Many people don’t know this, State Farm agencies are appointed, not sold. State Farm chooses the best person for the job as an agent, rather than selling the agency to the highest bidder like many other insurance companies. This means you have a good chance of finding a great agent.
I hope this helps you.
Let me know if you have any other questions.
Thank you.
Yes, State Farm life insurance is reputable. In previous year, State Farm earned an A++ financial strength rating from A.M. Best, which is the agency’s highest rating. This rating indicates a strong ability to pay out benefits to policyholders.
I got State Farm life insurance a couple of years ago. Honestly, they’ve been great. Whenever I had questions, their customer service was super helpful. I also like that they’re a big company and have been around for a long time, so I feel like I can trust them. The process to get the policy was pretty smooth too. So yeah, I think they’re reputable and I’ve had a good experience with them.
When looking for auto, house, or life insurance, State Farm is a fantastic alternative because of its reputation, reasonable average prices, and range of coverage options.