Farmers insurance review 2025

Farmers car insurance cost

Based on Bankrate’s study of average annual premiums from Quadrant Information Services, the average cost of car insurance with Farmers is $3,273 per year for full coverage and $1,084 for minimum coverage. To compare, the national average cost of car insurance is  $2,685 per year for full coverage and $800 for minimum coverage.

How much is Farmers car insurance?

Car insurance companies use several rating factors to calculate how much you pay for car insurance and your driving history may be one of the most significant. Insurers tend to view your driving history as a strong indicator of your overall driving behavior. Riskier drivers, like those with an at-fault accident, speeding ticket, poor credit or DUI on their records, are seen as more likely to file claims in the future. Some incidents are weighed more heavily than others between insurance companies, as you can see in the table below.

Please note that not all standard auto insurance companies will offer policies to drivers with DUI in their driving history.

Farmers car insurance quotes by age

When comparing car insurance rates, age is another rating that may impact your premium in most states. Drivers aged 15 to 20 make up over 8 percent of all fatal car accidents. To offset the higher risk that young drivers carry, car insurance companies typically charge them a higher premium than all other age groups. However, younger drivers may get a lower rate if they choose to remain on their parents’ policy in lieu of purchasing their own policy.

Compare Farmers car insurance rates

Each insurance company has its own, unique method for determining your rate. One insurer may reward a good credit score with an ultra-affordable rate, while it may not count for much with another insurer. The table below illustrates how Farmers car insurance rates stack up to other major companies.

Farmers customer satisfaction

Although cheap insurance is a priority for many, price might not be your only consideration when shopping for new coverage. Bankrate’s insurance editorial team understands that customer satisfaction may be top-of-mind for some, so we look to various third-party scores to help evaluate this.

Farmers auto claims satisfaction

Farmers auto insurance customer complaints

Farmers car insurance discounts

Finding the cheapest car insurance company is a motivating factor for many consumers. While Farmers’ average premium may be lower than the national average, the company also offers many discounts that may help you save on car insurance. Please note that discount availability and savings amount may vary depending on your state.

• Good payer discount: You could be eligible for a discount if you have no late payments for 12 months.
• Shared family car discount: This discount could apply to your car insurance if there is a single driver aged 20 or younger in the household and there are more drivers than vehicles on the policy (excluding cars in storage).
• Signal discount: Farmers offers Signal, a usage-based telematics program that may reward drivers for safe driving habits. By downloading the mobile app and participating in the program, drivers could earn a discount and be entered to win monthly rewards for maintaining a safe driving score. The app even features CrashAssist, which utilizes sensors within your mobile phone to help detect accidents when they occur and request emergency services if needed. Signal is not available to drivers in California, Florida, Hawaii, New York and South Carolina.
• Alternative fuel discount: Policyholders in California who drive a vehicle that is powered by anything other than gasoline-only (a hybrid or electric vehicle, for instance) could save on their car insurance.
• Distant student discount: If your child (under age 23) lives at a school that is at least 100 miles away from home and does not have regular access to a vehicle, you could earn a discount.
• ePolicy discount: You may get a discount if you agree to receive your policy documents electronically rather than in paper form.

Pros and cons of Farmers life insurance

Finding the best life insurance may be an important part of a well-rounded financial plan, no matter what stage of life you may be in. This list of pros and cons may help you decide if Farmers life insurance fits your needs.

Farmers life insurance riders

If you're shopping for life insurance, you may benefit from comparing quotes or seeking professional counsel provided by a licensed insurance agent or your financial advisor, especially if you’re unfamiliar with the different types of plans and the cost of life insurance. Farmers life insurance policies can be personalized for specific needs by adding life insurance riders. Some Farmers’ life insurance endorsements include:

• Waiver of premium endorsement: This option may help pay for policy premiums if you become disabled and lose your job.
• Critical illness endorsement: This rider may pay a sum if you are diagnosed with a specific illness, such as cancer, heart attack or stroke.
• Accelerated death benefit endorsement: If you are diagnosed with a terminal illness during your policy term, you may be able to collect a portion of your death benefit if you carry this endorsement on your life insurance policy.

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

Bankrate Score

Our 2025 Bankrate Score for auto insurance considers key variables that our insurance editorial team determined impact policyholders’ experiences with an insurance company. These factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach. 

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto insurance companies satisfy these priorities, our team analyzed quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC). 
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated the discount options listed on each company’s website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.

Bankrate Score

• Tier 1 (Cost & ratings): To determine how well home insurance companies satisfy these priorities, our team analyzed average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.

Bankrate Score

• Tier 1 (Ratings): To determine a life insurance company’s financial health and reliability, we assessed several industry-standard ratings, such as J.D. Power, AM Best, Comdex, the National Association of Insurance Commissioners (NAIC), and credit agencies like Moody’s, Fitch and S&P.
• Tier 2 (Coverage options): We assessed companies’ coverage options, availability and policy features to help policyholders find a provider that best meets their needs. We examined each company’s life insurance product lines, including term, whole and universal life options.
• Tier 3 (Accessibility & process): To assess the ease and transparency of applying for coverage, we reviewed the simplicity of obtaining a quote and insurers' underwriting processes — including eligibility requirements. We also considered insurers’ community engagement.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.