State Farm General Insurance Company

GPTKB entity

Statements (60)
Predicate Object
gptkbp:instanceOf gptkb:Insurance_Company
gptkbp:acquisition acquired_by_State_Farm_in_1998
gptkbp:advertising Sponsorship of sports events
gptkbp:brand Well-known brand in insurance industry
gptkbp:businessModel Direct and agent-based sales
gptkbp:CEO gptkb:Michael_Tipsord
gptkbp:claims 24/7 availability
Online claims submission
Fast claims resolution process
Has measures to prevent fraud
Over $30 billion annually
Tracks claims history for policyholders
Over_2000_adjusters
gptkbp:communityEvents Hosts community events and workshops
gptkbp:communityInvolvement Supports local charities
gptkbp:communityPrograms Youth programs and scholarships
gptkbp:corporateSocialResponsibility Focus on sustainability
gptkbp:customerBase Over 40 million policyholders
gptkbp:customerFeedback Regularly surveys customers
gptkbp:customerService Phone and online support
Offers loyalty rewards for long-term customers
Highly_rated_by_J.D._Power
gptkbp:employees 58000
gptkbp:financials A++ (Superior)
Annual reports available online
Offers financial advisory services
gptkbp:founded 1922
gptkbp:hasRelatedPatent gptkb:State_Farm_App
gptkbp:headquarters gptkb:Bloomington,_Illinois
https://www.w3.org/2000/01/rdf-schema#label State Farm General Insurance Company
gptkbp:insuranceAccepted Complies with state regulations
Personal and commercial lines
Provides resources for policyholders
Comprehensive and collision coverage
Over_19000_agents
gptkbp:internetAccess Policy management online
gptkbp:investmentFocus Diverse investment holdings
gptkbp:market Strong_presence_in_the_U.S._market
gptkbp:marketShare 9.1% in auto insurance
gptkbp:netIncome $3.5 billion (2020)
gptkbp:offers Auto_Insurance
Business_Insurance
Health_Insurance
Home_Insurance
Life_Insurance
gptkbp:offersServices Multi-policy discounts
gptkbp:parentCompany gptkb:State_Farm_Mutual_Automobile_Insurance_Company
gptkbp:partnerships Local community organizations
Various local businesses
gptkbp:policy Discounts for safe driving
gptkbp:regulatoryCompliance gptkb:California_Department_of_Insurance
gptkbp:revenue $78 billion (2020)
gptkbp:riskManagement Offers risk assessment services
gptkbp:serviceArea gptkb:United_States
gptkbp:subsidiary gptkb:State_Farm_Insurance
gptkbp:technology Invests in digital tools
gptkbp:totalGoals $300 billion (2020)
gptkbp:training Ongoing training programs
gptkbp:type gptkb:Mutual_Insurance_Company
gptkbp:website www.statefarm.com