Proof of Usefulness Report

State Farm Insurance

Analysis completed on 1/30/2026

+643
Proof of Usefulness Score
Category Standard

State Farm represents a massive, established entity with undeniable real-world utility and traction ($87B+ revenue, 90M+ policies). While the project itself (the company) scores at the top of the scale for reach and utility, the specific submission provided is of extremely low quality, offering vague claims ('most people have used my product') rather than detailed metrics. The score reflects the sheer magnitude of the business, penalized slightly for lack of technical novelty and poor submission effort, aligning with the 'Much larger scale' calibration tier.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+187.5
Audience Reach Impact+150.0
Technical Innovation+45.0
Evidence Of Traction+187.5
Market Timing Relevance+40.0
Functional Completeness+2.5
Subtotal+612.5
Usefulness Multiplierx1.05
Final Score+643

Project Details

Project URL
statefarm.com
Description
State Farm Insurance, accessible through its domain statefarm.com, is a leading provider of insurance and financial services in the United States. Founded in 1922, the company is headquartered in Bloomington, Illinois. State Farm is renowned for its wide range of insurance products, including auto, home, life, and health insurance, as well as banking and investment services. The company operates on a mutual model, meaning it is owned by its policyholders, which allows it to focus on customer satisfaction and service. State Farm is known for its extensive network of agents and its commitment to community involvement and disaster response.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline