State Farm Current Rates, News & Information
Best Auto Insurance Providers
Posted in Auto Insurance , Auto Insurance Companies , Hartford Mutual , State Farm
September 24th, 2009
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The biggest test of how good an auto insurance provider is usually happens when a claim is being processed. How quickly the claim process is settled, and the quality of the parts they pay for is all part of what makes an insurance company stand out. According to the last ranking survey, Consumer Reports surveyed 21,228 subscribers who filed a claim from January 2001 through spring 2004. Based on that information the top ten spots are filled by: 
Auto Insurance Discounts Reward Military Service
Posted in Auto Insurance , Geico , State Farm
August 20th, 2009
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Unfortunately, there are too many stories of service men and women who have come back from serving their country only to find out that the benefits and perks promised to them are not as helpful as anticipated. However, that is not to say that there are not other organizations looking out for the overall welfare for those who are onactive duty, retired from the Military, or a member of the National Guard or Reserves. One such industry that is respectful of its commitment to our armed forces are auto insurance providers, and many times they are willing to offer a 15% discount on auto insurance costs for military personnel.
Florida Residents Will No Longer Benefit from State Farm Discounts
Posted in Home Insurance , Hurricane Insurance , State Farm
August 14th, 2009
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If Florida residents haven’t been hit hard enough with high homeowners insurance premiums – and storms to boot – now State Farm customers will be losing some much-needed discounts. According to the major insurance provider, in the next few months, customers will no longer benefit from certain5-20%discounts as it tries to better restructure its expenditures amidst one of the most severe US recessions in history.
State Farm Could Owe Up To $1,000,000,000
Posted in Home Insurance , State Farm
July 8th, 2009
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State Farm Insurance, which provides over a million Texas homeowners with home insurance, may have to repay their customers as much as $1 billion in overcharges and interest. That’s what the Office of Public Insurance Counsel, one of Texas‘ biggest consumer advocacy organizations, is claiming, and it’s up to a judge to determine whether that stands or not.
Live in Illinois? Your Car Insurance Rates are Going Up!
Posted in Auto Insurance , State Farm
June 9th, 2009
1 Comment
Because liability claims are increasing in Illinois, State Farm insurance is being forced to raise their rates for the third time in less than a year. The most recent spike in costs averages 2.5% and is set to occur with the first wave of renewal notices being issued on June 29, 2009. This latest wave of increases is expected to generate $40 million in revenue for the company.
State Farm Florida Exit Plan Hearing
Posted in Auto Insurance , State Farm
May 8th, 2009
1 Comment
Florida state regulators have granted State Farm an appeal hearing in its case to withdraw from the Florida home insurance market over a period of two years. Earlier this year, State Farm stated its intention to drop 1.2 million property policies and about 700,000 homeowners from its coverage. The hearing does not surround State Farm’s withdraw, but rather the way in which it will exit the business.
History of State Farm Insurance
Posted in Auto Insurance , State Farm
May 8th, 2009
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State Farm Insurance was founded by a farmer and insurance salesman by the name of George Jacob “G.J.” Mecherle. Even early on, he believed in fairness and customer service above all things in a business. As a farmer himself, Mecherle knew that farmers drove less and were involved in fewer accidents per year than other drivers, and as a result they should pay less. But because his employers disagreed, he took the notion that less at-risk drivers should pay less and founded his own insurance company.