JOURNAL ARTICLE

State Farm review 2024: Auto, property, home and life insurance all under one roof.

  • Published In: Fortune.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Tretina, Kat 3 of 3

Abstract

The article focuses on State Farm, the largest writer of property and casualty insurance in the U.S. as of 2022, which holds over 9% of the market share. Based in Illinois, State Farm offers a variety of insurance products, including homeowners, auto, and small business insurance, with average rates provided for each type. While the company has strong customer satisfaction ratings and offers significant discounts for bundling policies, it has ceased operations in certain states, including California, Massachusetts, and Rhode Island, limiting coverage options for residents in those areas. Additionally, customer reviews are mixed, with some complaints regarding claims processing and service quality. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2024/03, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • Accession Number:176220942
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