Farmers Auto Insurance Review: Features, Pros & Cons, and Costs
- What is Farmers auto insurance?
- How does Farmers auto insurance work?
- How much does Farmers auto insurance cost?
- Farmers auto insurance features
- Who is Farmers auto insurance best for?
- Who shouldn’t use Farmers auto insurance?
- Farmers Auto Insurance pros & cons
- Farmers vs. competitors
- The bottom line
What is Farmers auto insurance?
How does Farmers auto insurance work?
Browse auto insurance packages
Create an account online
Get an insurance quote
How much does Farmers auto insurance cost?
|Coverage Type||Average Rate|
Examples of premium costs
- Bodily Injury: $25k/$50k
- Property Damage: $20k
- Uninsured Motorist Bodily Injury: $25k/$50k
- Bodily Injury: $100k/$300k
- Property Damage: $50k
- Uninsured Motorist Bodily Injury: $100k/$300k
- Collision Deductible: $1k
- Comprehensive Deductible: $1k
Farmers auto insurance features
Unique offers for new cars
Coverage for antique or collectible cars
Coverage for Uber and Lyft drivers
Who is Farmers auto insurance best for?
People with good credit scores
Who shouldn’t use Farmers auto insurance?
Those looking for the most inexpensive insurance possible
Extremely high-risk drivers
Farmers Auto Insurance pros & cons
- Low- to high-mileage drivers often only experience a small price increase, if any: Translation? If your car has a lot of miles under its belt, you won’t face unreasonable price increases when compared to those with low mileage vehicles.
- Farmers offers perks and discounts: If you’re a homeowner, drive an alternative fuel vehicle, are part of a professional group, pay electronically, are a good student or plan to insure more than one vehicle, Farmers will give you a discount on your auto insurance bill. They offer customers opportunities to save through numerous discount programs.
- Monitor your driving behavior through Signal: Farmers has a mobile app for Smartphones called Signal, which was designed to help drivers track their behavior on the roads. Completing ten trips with Signal means a 5% auto insurance policy discount and up to 15% at the time of your next renewal. This program isn’t available in every state, so be sure to check with your representative.
- Online quotes ask for personal information: It can be uncomfortable, even a security concern for some, to give a company your personal information online. To get a quote from Farmers, you’ll need to input your full name, address, vehicle information, and Social Security number on their website. This is common for many auto insurers nowadays, but it if makes you nervous to give this information online you might be better suited to visit an insurance agent in person.
- Lack of gap coverage: If you’re in an accident where you end up owing more than your car is worth, you could benefit from gap coverage. Companies like State Farm and Progressive offer gap coverage to help you pay off your car loans in the event it’s totaled, while Farmers does not.
- Average reviews for the cost: While Farmers is on the pricier end of the auto insurance scale, their reviews don’t necessarily reflect exceptional service. It is among the most expensive auto insurers on average, surpassed only by Allstate and Nationwide. According to the J.D. Power 2019 Auto Satisfaction Study, Farmers fell below the industry average at a ranking of 11 out of 23 total insurance companies.
Farmers vs. competitors
|Insurer||Gap Coverage||J.D. Power Rating||A.M. Best Rating|
Farmers vs. GEICO
Farmers vs. State Farm
The bottom line
|6301 Owensmouth Ave., Woodland Hills, CA 91367||P.O. Box 0991, Carol Stream, IL 60132-0991|
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