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In addition to saving you money on your insurance needs, Insurance-Website is providing its own rating for each insurance company based on insurer information provided to the National Association of Insurance Commissioners by respective state insurance agencies across the nation.

Insurance-Website is providing its own rating for each insurance company based on insurer information provided to the National Association of Insurance Commissioners by respective state insurance agencies across the nation. Insurance-Website uses a unique, weighted formula based on each subsidiary’s reported equity, complaint ratio and A.M. Best rating to help you better determine which ones provide the combination of financial strength and customer service necessary to help reduce the chances of encountering problems with a potential insurance claim. Final ratings are based on a scale from 0 to 10 with 0 being the worst possible rating and 10 the best. Parent company ratings are based on the aggregate averages of subsidiary companies whenever the parent company does not directly engage in insurance underwriting.

Disclaimer: Insurance-Website does not sell insurance and in no way is affiliated with any insurance company, agency or brokerage or the A.M. Best ratings service.

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STATE-FARM

Insurance Ratings
AM Best Rating10
OK
Complaint Ratio0
EXCELLENT
I-W Rating3
OK

STATE-FARM

Founded in 1922, State Farm has grown into the nation’s top insurer of automobiles and homes and is the largest provider of auto insurance and homeowners insurance in North America. The Bloomington, Illinois-based company reported $105 billion in assets and more than 75 million policies in force in 2007. State Farm is one of the nation’s top providers of auto, home, life and health insurance and has a banking subsidiary, State Farm Bank, providing traditional account services, certificates of deposit, individual retirement accounts, money market accounts and health savings accounts.

Equity: Determined by subtracting insurer liabilities from insurer assets as reported to the National Association of Insurance Commissioners in 2008.

A.M. Best rating: Current financial strength ratings with A++ being the best and F the worst.

Complaint ratio: A score of 1 indicates the national mean with higher scores indicating more complaints and lower scores indicating fewer complaints filed against the insurer during 2008 as reported to the National Association of Insurance Commissioners.