How much profit did State Farm make in 2020?
State Farm reported net income of $1.3 billion in 2021 compared to $3.7 billion of net income in 2020.
What does BBB A+ rating mean?
To get an A+ rating, you need to get 97 points or more. The grade you get from the BBB represents the BBB's degree of confidence that your business is operating in a trustworthy manner and will make a good faith effort to resolve any customer complaints.
Is an A rating from BBB good?
The BBB rating is based on information BBB is able to obtain about the business, including complaints received from the public....LETTER RATING SCALE.
Why would a company not be rated by BBB?
When businesses lose their accreditation, it generally means that they simply decided to stop paying their bill. The BBB does not engage in any sort of process to protect consumers or their interests, they earn their money by essentially protecting businesses from consumer complaints.