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State Automobile Mutual Insurance Company, commonly shortened to State Auto Mutual or State Auto, is an American insurance company based in Columbus, Ohio. It was incorporated in 1921 as the first casualty insurance company to be headquartered in Columbus. [1] [2] In 2022, it was acquired by Liberty Mutual for approximately $1 billion. [3]
Home mortgages are available countrywide over the phone or through agents. [9] In the 1950s, State Farm held a contest among the agents to come up with ideas to expand the State Farm business. Robert H. Kent, a State Farm agent in Chicago, came up with the idea of providing auto loans to existing policyholders.
Its products are sold through nearly 400 independent insurance agent partners [4] in seven states: Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island and Vermont. [ 5 ] Ohio Mutual Insurance Group is a member of the National Insurance Crime Bureau , a non-profit membership organization created by the insurance industry to address ...
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The Ohio Farm Bureau decided to set up its own insurance company to offer rates that accurately reflected the driving habits of farmers. [6] On April 10, 1926, the Farm Bureau Mutual Automobile Insurance Company obtained a license to do business in Ohio, and two days later, it acquired its financing—a $10,000 loan drawn from the membership ...