Farmers Auto Insurance Review for 2023
Free Auto Insurance Comparison
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Rachael Brennan
Licensed Insurance Agent
Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in...
Licensed Insurance Agent
UPDATED: Jun 20, 2022
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Farmers Insurance Review
At the start, Farmers seems like a pretty good company. There are several ratings agencies which give Farmers either an A or an A+ rating, which means their finances should be strong enough to pay out on claims. As far as customer care goes, the Better Business Bureau and the NAIC also give farmers a good score.
| Ratings Agency | Rating |
| A.M. Best (2016) | A |
| S&P (2016) | A+ |
| BBB (2016) | A+ |
| NAIC | 0.79 (better than the market average of 1) |
Farmers Insurance Discounts
Farmers sells their insurance products to over 90% of the country; odds are that there is a Farmers office located near you. However, because of different laws in every state, not all discounts may be available in all areas, or for the maximum amount listed here. Lastly, it should be noted that some of these discounts only apply to certain parts of your policy (such as Comprehensive/Collision or Medical Payments) as opposed to the entire policy as a whole:
| Discount Type | Discount % |
| Multi-Policy (Auto + Home) | 17% |
| Multi-Policy (Auto + Renter) | 5% |
| Good Driver | 20% |
| Alternative Fuel Vehicle | 10% |
| Good Student | 10% |
| Student Away at School | 14% |
| Defensive Driver | 5% |
| Occupation Affinity Group | 5% |
| Anti-Lock Brake | 5% |
| Advance Purchase Credit | 3-10% |
Farmers Auto Insurance Options
As you might expect, Farmers offers all of the basic coverage options to get you legally covered: Liability, Collision, Comprehensive, Uninsured/Underinsured Motorist, Medical Payments, and PIP. But to give you more options and the ability to craft a policy that is uniquely you, Farmers also offers the following optional coverages for purchase:
- New Car Pledge
- Accident Forgiveness
- Small Claim Forgiveness
- Incident Forgiveness
- Loss of Use
- No Fault, No Foul
- Comprehensive Claims Forgiveness
- Personal Umbrella Coverage
- Towing & Roadside Assistance
- Glass Repair Services
- Car Rental Reimbursement
- Extended Customized Equipment Coverage
- Farmers Rideshare
Comparing Farmers Insurance Quotes
If you think that the generically low quotes some companies advertise on TV will apply to you, you might want to reconsider that assumption. Insurance quotes are based on your personal circumstances, and those circumstances could mean the difference between an affordable premium, and a hefty monthly bill:
For a Farmer’s customer driving an economic sedan in middle America, we’ve estimated some quotes based on available data. As you can see, having poor credit or having a few minor tickets on your driving record can substantially raise your rate with Farmers. The most substantial savings from Farmers, according to our research, is reserved for those who get a bundling discount by also purchasing homeowner’s insurance along with an auto policy.
Pros and Cons of Farmers Insurance
| Pro | Con |
| Parent company provides strong financial foundation | Farmers may be more expensive in certain states |
| Trains their own agents via Farmers University | Mixed reviews for appraisals and rental car services |
| Enforces caps on premium increases for renewed policies |
Farmers Insurance is strong in some ways, but has some weaker spots that might not make it ideal for every driver. For starters, they have a strong financial base and will likely be around and capable of paying out claims for many years to come. On the other hand, it seems like their lowest rates are reserved for homeowners with perfect driving records and flawless credit – which is hardly the case for most drivers. Either way, comparing Farmers quotes with multiple free quotes online is the best option for finding affordable insurance coverage.
Corporate Headquarters
10850 Lowell Avenue
Overland Park, KS 66210
www.farmers.com
1-913-661-6300