- Our thoughts on Farmers
- Where is Farmers car insurance available?
- What does Farmers auto insurance cover?
- How does Farmers rank?
- How much is Farmers auto insurance?
- Farmers car insurance costs by state
- Farmers car insurance costs for teens
- Farmers car insurance costs for adults
- Farmers car insurance costs for seniors
- Farmers car insurance costs by driver profile
- Farmers auto insurance discounts
- Sources & Methodology
- What do people ask about Farmers?
Our thoughts on Farmers
Farmers is one of the largest insurance companies in the U.S., with policies available in all 50 states and Washington D.C. Farmers received an overall score of 3.7 out of 5 stars in the best car insurance companies of 2024, where we compared insurance carriers in key areas such as customer satisfaction, pricing, and third-party ratings. Farmers ranked 12th out of the 15 carriers ranked. Its prices are higher than the national average, but it offers customers a wide range of discounts.
Farmers earned a J.D. Power score of 878/1,000 for claims satisfaction, which is right at the industry average. Farmers also has an AM Best Score of A, which shows an excellent ability to meet its financial obligations, such as paying out claims. Farmers’ complaint ratio with the National Association of Insurance Commissioners (NAIC) is 0.80. The NAIC’s complaint ratio is based on the number of complaints expected for a company’s market share. Scores below 1.00 are lower than expected.
So, while Farmers’ rates are high, it has a solid reputation.
Where is Farmers car insurance available?
| State |
|---|
| Alabama |
| Arizona |
| Arkansas |
| California |
| Colorado |
| Connecticut |
| Florida |
| Georgia |
| Idaho |
| Illinois |
| Indiana |
| Iowa |
| Kansas |
| Kentucky |
| Maine |
| Maryland |
| Massachusetts |
| Michigan |
| Minnesota |
| Mississippi |
| Missouri |
| Montana |
| Nebraska |
| Nevada |
| New Hampshire |
| New Jersey |
| New Mexico |
| New York |
| North Carolina |
| North Dakota |
| Ohio |
| Oklahoma |
| Oregon |
| Pennsylvania |
| Rhode Island |
| South Dakota |
| Tennessee |
| Texas |
| Utah |
| Vermont |
| Virginia |
| Washington |
| West Virginia |
| Wisconsin |
| Wyoming |
*Some state rates will vary based on the addition of a hurricane deductibleThe deductible is the amount you pay out of pocket for a covered loss when you file a claim. and may be much higher when included.
What does Farmers auto insurance cover?
Farmers offers a full range of car insurance policies to meet most drivers' needs. This includes everything from full coverage car insurance to rideshare endorsements and coverage for your classic car.
All primary car insurance coverage options are available:
- Liability
- Collision
- Comprehensive
- Personal injury protection (PIP) and medical payments (MedPay)
- Uninsured and underinsured motorist coverage
Additional coverage offerings:
- Towing and roadside service
- Rental car reimbursement
- Rideshare coverage
- Loss of use
- Guaranteed value
- Customized equipment
- Glass deductible buyback
- Full windshield and glass coverage
- Spare parts coverage
- Original Equipment Manufacturer (OEM)
- New car replacement
Offerings vary by state.
How does Farmers rank?
Farmers ranked 12th out of the 15 carriers in the best car insurance companies of 2024. Farmers has solid customer satisfaction scores and third-party ratings from J.D. Power, AM Best and the NAIC. Its average annual premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. is $2,387, higher than the national average.
Take a look at the table below to see how Farmers stacks up against some major competitors.
| Company | AM Best | J.D. Power | NAIC | Average annual premium | Overall score |
|---|---|---|---|---|---|
| Farmers | A | 878 | 0.80 | 1.76 | 3.7 / 5 |
| Amica | A+ | 909 | 0.61 | 2.37 | 3.93 / 5 |
| Nationwide | A | 875 | 0.64 | 4.76 | 4.33 / 5 |
| Allstate | A+ | 882 | 0.65 | 1.32 | 3.78 / 5 |
How much is Farmers auto insurance?
Farmers’ rates are higher than the national average. The average cost of a full coverage policy for a 40-year-old driver with Farmers is $2,387. Compare that to Progressive, which has an annual average premium of $1,998 and Travelers with an average premium of $1,606.
The table below shows how these companies compare in price. Premiums are based on 100/300/100 in coverage with $500 deductibles for a 40-year-old driver with a good driving record. Remember, prices vary depending on your age, where you live, and your driving record.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Farmers | $2,387 | $199 |
| Progressive | $1,998 | $166 |
| Travelers | $1,606 | $134 |
| Allstate | $2,509 | $209 |
Farmers car insurance costs by state
One of the biggest factors in how much you’ll pay for car insurance is where you live. Insurance companies look at your age, gender, driving record, and also the weather, crime, traffic and claims patterns of your ZIP code.
The table below shows car insurance rates by state for a Farmers policy.
Drivers will pay the most in Texas, Kentucky and Colorado for a Farmers policy and will get the best deal in Hawaii and Idaho.
| State | State minimum | Liability Only 50/100/50 | Full Coverage 100/300/100 |
|---|---|---|---|
| Alabama | $667 | $1,186 | $2,542 |
| Arkansas | $556 | $908 | $2,248 |
| Arizona | $669 | $1,210 | $2,331 |
| California | $774 | $1,280 | $3,035 |
| Colorado | $824 | $1,744 | $3,578 |
| Connecticut | $921 | $929 | $2,192 |
| Florida | $925 | $1,716 | $3,261 |
| Hawaii | $408 | $572 | $1,495 |
| Idaho | $406 | $579 | $1,606 |
| Indiana | $704 | $938 | $1,956 |
| Kansas | $576 | $674 | $1,992 |
| Kentucky | $1,039 | $1,355 | $3,548 |
| Louisiana | $1,159 | $1,526 | $3,002 |
| Massachusetts | $492 | $683 | $1,966 |
| Maine | $310 | $322 | $1,664 |
| Montana | $519 | $1,169 | $2,939 |
| North Carolina | $530 | $588 | $2,028 |
| North Dakota | $607 | $638 | $2,077 |
| New Hampshire | $507 | $499 | $1,954 |
| New Jersey | $1,073 | $1,101 | $2,254 |
| New Mexico | $575 | $1,226 | $2,740 |
| Nevada | $1,091 | $1,555 | $2,328 |
| Ohio | $554 | $771 | $1,794 |
| Oklahoma | $641 | $1,133 | $2,717 |
| Oregon | $976 | $1,121 | $2,210 |
| Rhode Island | $916 | $975 | $3,336 |
| South Dakota | $464 | $516 | $2,207 |
| Tennessee | $536 | $753 | $1,770 |
| Texas | $1,122 | $1,543 | $4,127 |
| Utah | $867 | $1,288 | $2,638 |
| Vermont | $466 | $456 | $2,333 |
| Washington | $450 | $868 | $1,714 |
| Wisconsin | $566 | $782 | $2,139 |
| West Virginia | $681 | $716 | $2,442 |
| Wyoming | $359 | $419 | $1,623 |
Farmers car insurance costs for teens
The average cost of a Farmers car insurance policy for teens aged 16-19 is $8,348. Teenagers are generally the most expensive age group to insure and Farmers is no different, but Farmers’ rates are higher than many competitors.
Take a look at the table below to see how much Farmers costs for auto insurance for teens compared to other age groups. Note that as you approach middle age, rates drop.
| Company | Teenage drivers aged 16-19 | Young adults aged 20-24 | 40-year-old adult |
|---|---|---|---|
| Farmers | $8,348 | $3,602 | $2,369 |
| Geico | $5,049 | $2,647 | $1,763 |
| State Farm | $5,368 | $3,179 | $1,984 |
| Progressive | $7,174 | $3,242 | $1,998 |
Farmers car insurance costs for adults
Farmers premiums average $2,713 a year for a male and $2,579 a year for a female at age 25. At age 40, those rates go down to $2,369 a year for a male and $2,404 a year for a female.
Overall, middle-aged adults will see a decline in insurance rates, with women starting to pay slightly more as they approach their 40s and 50s.
While rates can vary slightly by insurance company, adults pay some of their cheapest rates around the age of 55 to 60. At 55, Farmers’ average annual rate is $2,187 for males and $2,115 for females.
Here’s what adults can expect to pay for full coverage car insurance with Farmers at various ages.
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 25-year-old | $2,713 | $2,579 |
| 30-year-old | $2,478 | $2,434 |
| 35-year-old | $2,419 | $2,379 |
| 40-year-old | $2,369 | $2,404 |
| 45-year-old | $2,313 | $2,371 |
| 50-year-old | $2,230 | $2,236 |
| 55-year-old | $2,187 | $2,115 |
Farmers car insurance costs for seniors
Seniors start to pay more once they reach age 65. Seniors are statistically more likely to be involved in an accident as they age. This means higher prices. Senior women will play a little less than men.
The average cost of a Farmers car insurance policy at age 65 is $2,177 a year for a male and $2,109 for a female. Take a look at senior car insurance rates below.
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 60-year-old | $2,122 | $2,043 |
| 65-year-old | $2,177 | $2,109 |
| 70-year-old | $2,346 | $2,243 |
| 75-year-old | $2,527 | $2,336 |
Farmers car insurance costs by driver profile
You will pay less for car insurance if you have a good driving record. Speeding tickets, at-fault accidents and other moving violations all increase your rates. There are other factors that insurance companies look at, too, to determine your rates, such as your credit score.
At Farmers, poor credit will increase your rates more than anything else. The average rate is $4,790 a year, hundreds more than the rate for a driver with an accident.
| Clean record | Poor credit | Accident | Speeding Ticket |
|---|---|---|---|
| $2,387 | $4,790 | $3,992 | $3,338 |
Farmers auto insurance discounts
Farmers offers a solid list of auto insurance discounts that can help bring down high car insurance rates.
Auto and home bundling is a common discount, and Farmers offers a discount of 11% on average. Here’s a look at some of the discounts available from Farmers car insurance.
- Airbags
- Anti-theft device
- Advance purchase
- Autopay (EFT)
- Homeowner
- Loyalty
- Marital status
- Multi-policy
- Epolicy (paperless)
- Good payer
- Youthful driver
- On your own
- Good student
- Distance student
- Five-year accident-free
- Mature driver/defensive driver/senior driver
- Pay in full
- Shared family car
Sources & Methodology
Methodology:
Insurance.com editors in 2024 collected rates from Quadrant Information Services for a 40-year-old male and female driving a 2023 Honda Accord LX for state minimum coverage, liability only with 50/100/50 limits and a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductible. Rates were gathered for multiple driving records and different credit levels. The rates presented are the average of rates for males and females. We analyzed 53,409,632 quotes, 34,588 ZIP codes and 170 insurance companies nationwide.
Sources:
Farmers Insurance. “Car insurance discounts.” Accessed December 2024.
What do people ask about Farmers?
We’ve gathered some common questions about Farmers and answered them for you below.
Why did my Farmers car insurance rate go up?
In general, car insurance rates go up when you get a speeding ticket, have an accident or file a claimAn insurance claim is a request you make to your insurance company for coverage after your car is damaged or you have an accident. You can file a claim online, by phone, or in writing.. If you’ve moved to a new area where weather, traffic, or crime patterns carry increased risk, this could translate to higher claims as well.
If you haven’t had a change to your personal driving record, chances are Farmers’ prices have increased because of overall higher claims costs.
Why is my Farmers auto insurance so expensive?
There are any number of reasons why your rate with Farmers might be expensive. It could be your driving record, a change in your household, or even something unrelated to you, like an increase in risk in your area. If you feel your rate is unfairly high, speak to your Farmers agent and consider shopping around; another company might be cheaper for you.
Is Farmers a good auto insurance company?
Farmers has solid customer satisfaction and third-party ratings. It has been around for a long time and is one of the largest insurance companies in the U.S. What makes an insurance company good for you depends on what you value most. If a low rate is your top priority, Farmers might not be a good pick for you.
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