insurance

Farmers

Operating mainly in 41 states across the nation with more than 20,000 employees, Farmers is one of the largest companies providing personal homeowners and automobile insurance.

Farmers was established in 1928 by John C. Tyler and Thomas E. Leavey. In the midst of the Great Depression, Farmers offered claims in cash to customers, making them one of the few insurance companies to do so at that time. Farmers had expanded to 19 states by the 1940s and was the first to offer a no-interest monthly payment plan in the 1960s. Expanding its services to health insurance, Farmers was one of the first to offer a nonsmoker's discount in the 1970s. Over the next 40 years Farmers continued to provide new incentives and create new programs for its customers, offering catastrophe relief, an around-the-clock claims service and complete online access.

With more than 15 million customers, the Farmers corporate headquarters is based in Los Angeles. They offer a wide range of insurance and financial products and services to consumers across the nation, including:

  • Auto insurance.
  • Motorcycle insurance.
  • Recreational insurance.
  • Homeowners insurance.
  • Life insurance.
  • Business insurance.
  • Mutual funds.
  • Variable annuities.
  • Financial solutions.

FarmersFlex

Farmers offers auto insurance with all the basic coverage, such as bodily injury, property damage and liability. They also offer optional coverage in the FarmersFlex program for the unexpected. Accident Forgiveness is an optional coverage under the program and provides additional coverage for good drivers that have recently been in an accident. Other coverage includes the Rate Shield, which keeps premiums the same for up to three years. Also included are Declining Deductibles, which reduces deductibles annually up to $500 and New Car Replacement, which replaces a new car if there is a total loss within the first two years. Features of the plan differ from state to state.

Homeowners insurance

As one of the largest providers of homeowners insurance in the nation, Farmers provides standard coverage for the home such as property, liability, medical and living expenses. An optional coverage on the policy is Farmers Identity Shield. Farmers Identity Shield reimburses customers for losses occurring from identity theft. The program monitors credit and public records and replaces travel and identity documents. Depending on the state, Farmers also offers earthquake and flood insurance.

Financial services

In addition to an array of insurance solutions, Farmers offers financial services. Those looking to save for retirement have the option of utilizing a traditional IRA, Roth IRA, a 401(k) and variable annuities. Coverdell education savings accounts, 529 college savings plans and UGMAs as well as UTMAs are available for college savings. Farmers also has choices for estate protection and investment accounts.

HelpPoint

Farmers has a 24/7 claim service available to customers. The HelpPoint claim service allows customers to immediately speak with a representative to guide them through the claims process. HelpPoint also helps with organization after a disaster, such as finding a hotel, a rental car and other small necessities.

The corporate headquarters of Farmers are located at:

4680 Wilshire Blvd.
Los Angeles, CA 90010

Call Farmers toll free for more information at (888) 327-6335.

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