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State Farm Competitors or Alternatives

State Farm's top competitors include Berkshire Hathaway, Allstate and Liberty Mutual.

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

State Farm's company profile

Michael L Tipsord

President & CEO

56/100
50,000 - 100,000
$168.7M
$50B - 100B
1
State Farm's Competitor - Berkshire Hathaway logo

Warren Edward Buffett

Chairman & CEO

82/100
372,000
$1.1B
$295.7B
2
State Farm's Competitor - Allstate logo

Thomas J. Wilson

Chairman & CEO

42/100
54,300
$2.4B
$50.4B
3
State Farm's Competitor - Liberty Mutual logo

Timothy M. Sweeney

President & CEO

62/100
10,000 - 50,000
$3.9B
$10B - 50B
4
State Farm's Competitor - Travelers logo

Alan D Schnitzer

Chairman & CEO

91/100
30,500
$388.5M
$35.9B
5
State Farm's Competitor - USAA logo

Wayne Peacock

President & CEO

61/100
37,335
- -
$37.5B

Berkshire Hathaway is seen as one of State Farm's top competitors. Berkshire Hathaway's headquarters is in Omaha, Nebraska, and was founded in 1839. Berkshire Hathaway competes in the industry. Berkshire Hathaway generates 359% of State Farm's revenue.

Allstate is one of State Farm's top rivals. Allstate was founded in 1931, and its headquarters is in Northbrook, Illinois. Like State Farm, Allstate also works within the Insurance Brokers industry. Allstate has 900 more employees than State Farm.

Liberty Mutual is State Farm's #3 rival. Liberty Mutual is a Private company that was founded in 1912 in Boston, Massachusetts. Like State Farm, Liberty Mutual also works within the Insurance Brokers field. Compared to State Farm, Liberty Mutual has 8,400 fewer employees.

Frequently Asked Questions about State Farm

  1. Who are State Farm's top competitors?

    State Farm's top 3 competitors are Berkshire Hathaway, Allstate, Liberty Mutual.
  2. Who is similar to State Farm?

    Berkshire Hathaway is the most similar to State Farm. Allstate and Liberty Mutual are also similar to State Farm.
  1. Are State Farm and Berkshire Hathaway competitors?

    Yes, Berkshire Hathaway is one of State Farm’s top competitors.