Farmers Insurance: Company Overview

A year before the Great Depression, Farmers Insurance began to market insurance to create a family name. It survived. The founders, John C. Tyler and Thomas E. Leavey, began their first business to farm. Specifically, they reduced rates for farmers and farmers as they realized that their cars constituted fewer dangers. They were able to create a bureau in Los Angeles city center by 1928. Farmers were one of the very few companies that could pay claims during the Great Depression. Farmers claimed damages for cars and became a first insurance undertaking to give complete insurance when a severe earthquake affected Los Angeles.

During 1940, Farmers volunteered to work both domestically and internationally. The firm acquired Seattle's New World Life in the 1950s. They were the first company to use IBM computers west of the Mississippi for data storage and recovery. They were also official Rose Parade participants and afterwards became Pasadena Tournament official insurance sponsor. Roy Rogers, Bob Hope, Jane Powell, Art Linkletter and Tyrone Power were among those celebrities who supported radio and community events for Farmers. In the 1960s, the company was the first big insurance firm to provide monthly payment plans that did not charge interest to customers. They began provision of drive-in claims. Farmers Group, Inc. was purchased by the British-American Tobacco Company in 1998. In the same year, farmers started raising funds in the March of Dimes and since then have raised more than 40 million dollars in health research, vaccinations and training donations. Following the earthquake in Northridge in 1994 and the tornadoes in the Midwest in 1999, farmers helped their customs on the ground. They began to reconstruct initiatives, adopt familial programs, provide toys, etc. Zurich Financial Services purchased the Farmers Group in 1998. Farmers were among the first to provide alternative-fuel discounts for insurers. Due to the exceptional training of Farmers' staff, Training magazine has been elected the country's corporate training center No 1. Farmers became in 2010 the title sponsor for the Torrey Pines Farmers Insurance Open PGA Tournament. It also worked with the PGA Tournament and the San Diego Century Club to raise over $24 million for charitable organizations in the area of San Diego. Rickie Fowler has also been sponsored by farmers in 2013 and has contributed together in attempts to recover from natural disasters.

Farmers Facts & Ratings

Farmers Mobile App Rating

The Farmers app is available for iOS and Android. The Farmers Mobile App allows you access to self-service features.

Pros & Cons of Farmers

• Financial strength
• Great employee education and customer service.

Common Questions about Farmers

What car insurance is cheaper than Farmers?

Every car insurance has a unique grading system for individuals. With one company, a person can pay a modest fee, not another. You can best compare automobile insurance quotes on StrongInsurance to your lowest rate.

How good is Farmers insurance?

Farmers Insurance is one of the country's major insurance firms. The financial strength and customer service rates are excellent for farmers.

How much does it cost for Farmers to insure a motorcycle?

Motorcycle insurance prices vary according to a number of risk variables.

How much is Farmers insurance a month?

The rates differ between individuals. Our internal analysis revealed that the Farmers' average insurance policy was approximately 170 dollars a month.

How much will it cost for two vehicles with Farmers?

Tariffs vary from person to person but you are eligible for a multi-policy Farmers Discount that normally saves you money.

How do I lower car insurance rates from Farmers?

One strategy to reduce your insurance rate is if you live in a place where insurance companies can verify your credit to enhance your credit history.

On average, how much is Farmers insurance?

The prices are based on various factors, but you can expect to receive approximately $2,040 annually on average.

What does Farmers insurance provide?

Auto Insurance, Home Insurance, Life Insurance, Business Insurance, Recreational Vehicle Insurance, Watercraft Insurance, Motorcycle Insurance, Umbrella Insurance.

Does Farmers auto insurance cover natural disasters?

If you have comprehensive insurance, insurance companies cover hail and other natural catastrophe damages.

Does Farmers insurance cover DUI accidents?

If your liability coverage is in an accident that is your fault covering the other driver, his/her car and passenger's damage up to certain limitations specified on the declarations page of your automobile insurance.

How do I change my Farmers agents?

Directly contact farmers and request a new agent. One (800) 974-6755 can be called.

Do Farmers have an early termination fee?

Yes, farmers and most insurers demand early termination fees.

Farmers Insurance Products

Farmers Auto Insurance Coverage

Bodily Injury Liability

This coverage covers the other driver's bodily wounds during a fault of yours.

Property Damage Liability

This protection covers damage to property and third-party loss of usage.

Comprehensive Coverage

This insurance covers other than collision damages and losses incurred. The deductible is applicable.

Collision Coverage

This insurance includes damages and losses caused by impacts on another car, item or person. The deductible applies.

High Risk Coverage

Insurance for individuals who have a difficult time buying normal auto insurance because of less than good driving or coverage.

Uninsured Motor Vehicle

This coverage pays the medical bill of someone who has no liability insurance if you are hurt in an accident.

Medical Payments

This kind of protection is for you, regardless of who is at fault, if you have been harmed in an accident. Continuing income, loss of service, burial and childcare expenses are covered.

Personal Injury Protection (PIP)

This kind of protection covers you, no matter who is at blame, when you have been wounded in an accident. Continuation of income, loss of services, burial and childcare expenses include coverage.

Discounts

Farmers Auto Insurance Rates by State

The following is a list of the average farm driver rates. Farmers charge about $280.13 a month on average. The cheapest average is $116.03 a month for North Dakota, followed by $123.61 a month for Idaho. At $839.53 a month, Michigan was the most costly state average.

Farmers Auto Insurance Rates by Vehicle

Typically, drivers receive a discount if several vehicles are insured. This is the list of average rates for drivers with more than 1 vehicle charged by farmers.

Farmers Auto Insurance Rates by Homeownership

Sometimes customers who own rather than rent their homes can obtain a little discount. We observed that the average cost of farmers for drivers who own a house was $278,29 a month, and for those who rent a home $284,51 a month.

Farmers Contact Info