State Farm

Learn about State Farm small business insurance. Includes info about State Farm insurance pricing, company information, and FAQs.

Updated on June 26th, 2019

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State Farm is one of the largest insurance companies in the US. Also known as State Farm Credit Union, the organization offers a host of insurance and financial products, including small business insurance, to companies from a wide range of industries.

State Farm Reviews
Review:

Pros: Wide range of insurance products, easy online application, discounts available.

Cons: Not all insurance products available nationwide.

Bottomline: Great basic and comprehensive insurance coverage options for SMBs.

Key Information:

Founder

George J. Mecherle

Founded

1922

Headquarters

Bloomington, IL

Number of Employees

70,000+

CEO

Michael L. Tipsord

Address

One State Farm Plaza, Bloomington, IL 61710

Phone Number

+1 855-733-7333

Website

www.statefarm.com

Reviews:

Source

Review

Intrepidxc - reddit.com

State Farm is one of the most expensive insurers. Most people I’ve found are better off without them.

nsandiegoJoe - reddit.com

I shop around the major insurers every couple of years but still none of them beat State Farm at my current coverage of auto + renters + umbrella. I guess it varies by region and I get a lot of State Farm discounts including loyalty discount so probably looks different for someone considering switching to State Farm.

unemployedalcoholic - reddit.com

I hated to leave State Farm because I've had them ever since I got my first car in college about 10 years ago. But Liberty Mutual is now only charging me $157/ month even with my accident factored in, and it's locked in for a year. The sales associate there told me that half her sales come from people leaving State Farm due to their prices rising with no just explanation.

FAQs:

How do I get my State Farm insurance card online?

Log in to your online account and select the Auto policy for the ID card. Select 'View/Print Documents' and this will open an 'ID Card' document which can be viewed, emailed or printed.

Learn more about State Farm here.

Does State Farm have a bank?

Yes. State Farm Bank is a Member FDIC and Equal Housing Lender.

Read our State Farm review.

What does my State Farm policy cover?

State Farm business liability insurance incorporates personal liability as well as business and professional liability. The Personal Liability plan covers any injury and property losses due to accidents or inclement weather. The Business and Professional Liability Plan offers various liability solutions and umbrella policies to help protect your business from costly legal judgments, settlements, and defense fees in the case of error or negligence, or a claim of discrimination, harassment, or wrongful termination at work.

Read customer reviews.

Does State Farm have accident forgiveness?

Yes. State Farm has an accident forgiveness program that covers policyholders who have been with the company and made no claims in 9 years.

Can you pay State Farm Insurance online?

Yes. You can pay your State Farm insurance online on the State Farm website.

Does State Farm have a grace period?

Yes. A State Farm agent can be contacted to ask for a grace period.

What does State Farm do?

State Farm is a US insurance company that offers insurance and financial products.

Read more about State Farm here.

Does State Farm cover someone else driving my car?

This depends on your specific policy. Contact your policy agent to find out whether another driver would be covered by your insurance in the event of an accident.

Does State Farm have medical insurance?

State Farms assists clients with finding medical insurance packages through Blue Cross Blue Shield, but does not offer medical insurance directly.

Does State Farm cover sinkholes?

State Farm home insurance does not cover sinkholes in states other than Alabama, Florida, and Pennsylvania.

Does State Farm insurance cover termite damage?

No, State Farm insurance does not cover termite damage.

How long does it take State Farm to settle a claim?

State Farm will provide an offer within 45 days of sending in a claim.

What forms of payment does State Farm accept?

  • VISA
  • Mastercard
  • American Express
  • Discover
  • Diners Club
  • JCB debit and credit cards

Can I cancel my State Farm insurance online?

No. You must contact an agent or mail a request to cancel your State Farm insurance.

Does State Farm do payment arrangements?

Yes. Payments can be made monthly, and clients are able to choose the date that payments are made each month.

Is State Farm the largest insurance company?

State Farm is the largest auto insurance company in the US.

See our comparative list of small business insurance providers.

What is State Farm known for?

State Farm was initially solely an auto insurance company and is best known for providing auto insurance.

Does State Farm have life insurance?

Yes, State Farm offers life insurance policies.

Does State Farm cover mold damage?

No, State Farm does not cover mold damage.

What is covered under State Farm homeowners insurance?

  • Theft
  • Freezing of your plumbing system
  • Fire damage
  • Lightning damage
  • Windstorm damage
  • Hail damage

How do I pay my State Farm insurance?

State Farm insurance can be paid in person, by mail or telephonically. Payment methods are provided on the State Farm website at https://www.statefarm.com/customer-care/insurance-bill-pay.

How much does State Farm business insurance cost?

State Farm insurance pricing is available by quote only.

What type of insurance products does State Farm offer?

  • State Farm Auto Insurance (a.k.a State Farm Car Insurance)
  • State Farm Life Insurance
  • State Farm Renters Insurance
  • State Farm Homeowners Insurance
State Farm Insurance

What additional small business services does State Farm provide?

  • Group Life cover
  • Business & Commercial Auto insurance
  • Workers' Compensation
  • Disability Insurance
  • State Farm Roadside Assistance

Can I open a State Farm Bank business account?

Yes. State Farm Bank business account members receive a competitive annual percentage rate and earn points on all purchases as part of the State Farm Loyalty Rewards program. As a State Farm cardholder, you can make business purchases and obtain additional cards for your employees.

I need to find a State Farm near me. Is there a branch in my area?

Go to statefarm.com/agent and fill in the required fields to find a State Farm agent near you.

How does State Farm claims work?

The company will help you manage your State Farm insurance claims effectively. If you need to file a claim, contact your State Farm agent and he/she will provide you with instructions on how to move forward. You can also file a claim online.

How do I get a State Farm insurance quote?

To obtain a State Farm quote for your business, click here.

How do I get in touch with State Farm customer service?

The State Farm customer service phone number is 1 (855) 733-7333.

State Farm Insurance

How do I make a State Farm insurance payment?

Payments can be made quickly and easily from your State Farm online account. On your dashboard, you can choose to pay your insurance bill, review your bill history, and set your billing preferences. You can also make payments via the State Farm insurance app.

What are the State Farm hours?

You can call a State Farm agent near you during business hours. For calls after-hours and on weekends, your call will be directed to a customer care center representative.

What is the State Farm headquarters address?

The State Farm corporate headquarters is located at One State Farm Plaza, Bloomington, Illinois.

Who is Jake from State Farm?

Jake is a State Farm employee who rose to fame after appearing in a company commercial in 2011. The amusing ad went viral and "Jake from State Farm" has since become "the face" of the brand.

Are there any State Farm small business insurance reviews?

You can read State Farm reviews above.