The term state farm is an insurance company that comprises large groups of individuals throughout the United States of America of which currently her headquarter is found in Bloomington, Illinois. The insurance company was founded on the 7th of June 1922 of which happens to be about 92 years ago by George J. Mecchelre. The State farm insurance companies have over 18,000 agents, 343 claim offices and over 30 operations centers; research in 2018 shops that the insurance may know as state farm has about 56,788 employees.
State Farm relies on the exclusive agents that can also be referred to as captive agents to sell insurance. It is worthy to note that in state farm, only state farm can sell state farm insurance whereas its agents will only sell its products. State farm offers a wide and variety of options. Though the rates are can be priced for both home and auto insurance; the state farms make this up with strategies by offering a wide range of discounts of which among such are steer car remover program as well as having a good customer care attend services. Having proven State farm is one of the best insurance company however it has its deficiency in some other aspects.
About State Farm
One of the greatest deficiency as regards state farm in relation to its home and auto insurance is the Lackluster rates; this, in turn, was found to be too expensive than those been quoted by direct insurers such as GEICO and Ensurance; these rates does not take into great account that the state farm also disqualifies her customers. The agents in GEICO and Progressive insurance companies are not as much s that of state farm that has over 18,000 agents which probably may not make certain insurance offers reliable due to their large number of agents.
Despite these deficiencies in State Farm, there are however some advantages of State Farm and they are:
- Thus far, research has shown that the state farm has a high level of customer service that is ready to attend to their Customers at any point in time when needed.
- Despite the size of state farm, it receives only a few complaints from its customer agencies.
- State farm offers varieties of discounts including; standard car insurances coverage of which liberty, collision and comprehensive insurance are inclusive. Their various specifications of discounts include; student away at school discounts, accident discounts, good driving discounts and defensive driving discounts.
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