The company is engaged in providing insurance services. Its registered head office is strategically located in Maryland, United States of America. It also has business presence in California, Michigan, Florida, Pennsylvania, New York and Illinois. The company's business operation specialized in providing insurance coverage, car insurance, home insurance, renters insurance, condo insurance, motorcycle insurance, supplemental health insurance, boat insurance, medicare supplement insurance, business insurance, life insurance, health insurance, disability insurance, and long-term care insurance. It has also expanded into the financial services arena, such as checking accounts, saving accounts, fixed rate CDs, credit cards, car loans, home mortgages, bank rates, mutual funds, mutual funds IRA, IRA rollovers and transfers, education savings plans, and fund management. The company is part of the group of insurance and financial services companies, State Farm, founded by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. The group's main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies. The Group ranked 44th in the 2013 Fortune 500, which lists American companies by revenue.
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