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Since 1922, State Farm Auto Insurance has been giving automobile insurance coverage to drivers at affordable rates. As the company name implies, at its inception, State Farm Auto Insurance specialized in insurance for farmers. State Farm’s founder knew farmers drove less than city drivers, and so believed they should pay less for insurance.
State Farm’s jingle, “Like a good neighbor, State Farm is there” was written by singer/songwriter Barry Manilow in 1971 and millions of people have hummed that tune since that time. With 67,000 employees and 40 million auto insurance policies being serviced by 17,000 agents, getting State Farm Auto Insurance is a good decision if you want a secure company with enough assets to cover any loss which might occur.
State Farm Auto Insurance has been a leader in the auto insurance industry for nearly 90 years because of their reliability and competitive cost structure. State Farm realizes that the main purpose for auto insurance is to help people, in the event of an accident, cover the financial responsibilities due to auto damages and injury.
As with other insurance companies, State Farm’s rates fluctuate depending on many factors. One such factor to consider is that the more expensive the car you need to insure, generally speaking, the higher your insurance rate will be. Another important factor influencing your premium is where and why you drive. If you use the car for long distances due to business or commuting, then you might pay more for your insurance than someone who just drives a few miles around their hometown. If you are under 25 years old and you are a young, single male, your State Farm Auto Insurance rates will be much higher than if you were married and female. Other factors taken into consideration are your driving record, and, believe it or not, your credit history.
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