Where does State Farm rank in insurance companies?
Sarah Martinez
Published Jan 19, 2026
ranked number 36th on the 2020 Fortune 500 list of largest companies, based on revenues.
Is State Farm considered a good insurance company?
State Farm is a good insurance company that features a wide variety of insurance policy options, though its rates are rather pricey for both home and auto insurance. The company makes up for this by offering a variety of discounts — such as its Steer Clear driver program — and having solid customer service.
Which is the best car insurance company Allstate or State Farm?
In fact, the two companies ranked as the first and fourth largest insurance companies by car insurance market share in 2017. State Farm accounts for 18.1 percent of the market while Allstate controls 8.2 percent of the industry. Combined, Allstate and State Farm are responsible for more than a quarter of all car insurance policies in the nation.
What kind of insurance does State Farm offer?
Both offer a full line of insurance products, including homeowners insurance, car insurance, and life insurance policies, making it easier to bundle multiple types of coverage with one insurer. Allstate and State Farm write policies in all 50 states and the District of Columbia.
Which is the best auto insurance company to get?
Choosing an auto insurance company can be tricky: rates may vary based on your location, vehicle, and driving record, and companies offer an array of perks. State Farm and Allstate are two of the top insurers, providing high-quality insurance policies across large portions of the US.
Which is more expensive Erie or Allstate Insurance?
Only Farmers was more expensive at $158. The cheapest option was Erie at $79.25. One of the largest insurance companies in the U.S., Allstate has about 16 million customers and 113 million policies total, as it operates in all 50 states and Washington, D.C. Allstate had almost $40 billion in revenue in 2018 and about 42,000 employees.