Skip to Main Content

Foremost Insurance review 2022

Updated Jun. 1, 2022
Bankrate logo

Why you can trust Bankrate

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . This content is powered by HomeInsurance.com (NPN: 8781838). For more information, please see our .

At a glance

 logo

2.4

Bankrate Score

Caret Down

Auto

2.6

Home

2.2

Bottom Line

Policyholders who value specialty coverage or need high-risk coverage over digital capabilities might consider Foremost as their company of choice.

Pros

  • Vandalism and malicious mischief coverage available for vacant homes
  • AARP and USAA members could access additional programs through Foremost

Cons

  • Car insurance policy features and discounts may be more basic
  • Limited online accessibility and mobile app access only available for car insurance purchased through Bristol West
Foremost Insurance was the first company to offer insurance for mobile homes in 1952 and has since stayed true to its roots as a specialty insurance carrier. High-risk drivers who have difficulty finding car insurance with standard carriers and homeowners with unique occupancy situations may be able to find their solution with Foremost.
 

Foremost is ideal for customers who may have trouble qualifying for car or home insurance with traditional carriers. As part of the Farmers Insurance Group of Companies, it is able to both underwrite its own policies and offer insurance through affiliated partners. As a leading name in the home insurance market today, Bankrate’s Foremost Insurance review could help you figure out if Foremost Insurance is the right fit for your needs.

Foremost car insurance

Foremost car insurance is offered through Bristol West, another Farmers Insurance Group company. Bristol West specializes in high-risk car insurance for drivers who have not been able to find insurance with other car insurance carriers due to their driving record or lack of driving experience. Coverage is generally limited to standard car insurance options, with a few add-ons available, including rental reimbursement, medical payments, towing and roadside service and gap insurance.

Advertising Disclosure
This advertising widget is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate. The offers and clickable links that appear on this advertisement are from companies that compensate Homeinsurance.com LLC in different ways. The compensation received and other factors, such as your location, may impact what ads and links appear, and how, where, and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available to you as a consumer. We strive to keep our information accurate and up-to-date, but some information may not be current. Your actual offer terms from an advertiser may be different than the offer terms on this widget. All offers may be subject to additional terms and conditions of the advertiser.
Car Outline

Shop rates and compare quotes

Get personalized auto insurance quotes by answering a few quick questions
Caret DownCaret Up
Please select age
Location-Icon Created with Sketch.
Quick facts
Moneybag
Save $610 on average this year by shopping for new car insurance
Location Pin
Rates vary by state up to 246%
Auto Insurance
The average American pays $145/month for auto insurance
Powered by HomeInsurance.com (NPN: 8781838)
Insurance Disclosure

This advertising widget is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

See more providers in
Choose from insurers in

Foremost car insurance cost

Car insurance rates with Bristol West are much higher than the average cost of car insurance in the U.S. Based on 2022 data obtained from Quadrant Information Services, Bristol West offers an average premium of $3,534 per year for full coverage. In contrast, the national average is $1,771 for full coverage and a clean driving record. Drivers who have a speeding ticket conviction or an at-fault accident on their driving record can expect their car insurance rates to be higher, on average.

Foremost (Bristol West) average annual full coverage premium National average full coverage premium
Clean driving history $3,534 $1,771
Speeding ticket $4,357 $2,138
At-fault accident $4,747 $2,521
Adding a 16-year-old driver $7,964 $3,852

Foremost car insurance discounts

Saving money on car insurance can be easier with discounts. In comparison with other car insurance carriers, Bristol West’s discount opportunities can be more limited. If you are working with a Farmers agent and already have existing policies, such as a homeowners or renters insurance, you may be able to earn a multiple policy discount. Checking with a Farmers agent will be the best way to maximize your savings.

Foremost car services

If your state’s department of motor vehicles has requested proof of insurance, Bristol West can file a SR-22 or FR-44 on your behalf. This will serve as verification that you have an active car insurance policy that has at least the minimum liability coverage required by the state.

Foremost home insurance 

Foremost specializes in insuring vacant homes, which is something many home insurance companies will not do. This is ideal for customers who do not live in their home, either because they have another residence, it is being renovated or the home is for sale. Foremost can insure homes with a value of up to $1 million and does not impose any restriction on the age of the home.

Advertising Disclosure
This advertising widget is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate. The offers and clickable links that appear on this advertisement are from companies that compensate Homeinsurance.com LLC in different ways. The compensation received and other factors, such as your location, may impact what ads and links appear, and how, where, and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available to you as a consumer. We strive to keep our information accurate and up-to-date, but some information may not be current. Your actual offer terms from an advertiser may be different than the offer terms on this widget. All offers may be subject to additional terms and conditions of the advertiser.
Mortgage

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers.
Location-Icon Created with Sketch.
Your information is kept secure
Caret DownCaret Up
Caret DownCaret Up
Field is required
Powered by HomeInsurance.com (NPN: 8781838)
Insurance Disclosure

This advertising widget is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Quick Facts
Moneybag
$382/year
average savings through Bankrate
Two Thirds
2 out of 3 homes
are underinsured
Insurance Home
1 out of every 20
insured homes makes a claim each year
Circle Check
100% of homes
need insurance before getting a mortgage
Bankrate
Why Lemonade? Its a fresh twist on home insurance: easy, accessible and affordable.
See more providers in
Choose from insurers in

Coverage for Foremost home insurance includes named peril coverage, liability coverage and vandalism and malicious mischief coverage, which is not typically found for vacant homes. Additionally, unlike other standard home insurance companies, homeowners can cancel their policy and have the premium pro-rated back within the first 12 months, though the policy can be renewed for up to four years.

However, keep in mind that there are some key features about Foremost home insurance. It is an actual cash value policy, meaning that the cost of replacing or repairing the property takes depreciation into account. However, the policy is also an agreed loss settlement, meaning that in the event of a total loss, you will receive the full amount of your homeowners insurance policy, less any deductibles.

Foremost home insurance cost

The average cost of home insurance with Foremost is $3,035 in 2022 for $250,000 in dwelling coverage. These rates are higher than the U.S. average, which is $1,383 per year for the same amount of coverage.

Dwelling coverage limit Foremost average annual premium National average annual premium
$150,000 $1,784 $980
$250,000 $3,035 $1,383
$350,000 $4,179 $1,887
$450,000 $5,344 $2,351

Foremost home insurance discounts

It is unclear if Foremost offers any home insurance discounts, but speaking to a Foremost or Farmers agent could help you determine your savings opportunities.

Foremost home services

Foremost does not advertise any additional services for homeowners customers.

Other Foremost perks worth considering

Foremost offers a wide range of insurance products, including the following:

  • Mobile home insurance: As the first company to offer this type of insurance, Foremost is well-versed in the needs of mobile home owners.
  • Seasonal home insurance: This type of homeowners insurance is tailored for those who own a home, but only live in it for a portion of the year.
  • Collectible auto insurance: Offered through JC Taylor, this insurance is specialized for collectible cars, especially vehicles that are displayed at car shows.

Foremost corporate sustainability

Although Bristol West does not share its social responsibility efforts, the company is part of the larger Farmers Insurance Group of Companies. The partnership does have many community initiatives geared towards community empowerment and disaster relief, and has set up donation programs for employees.

Not sure if Foremost is right for you? Consider these alternatives

  • Farmers: Farmers is a partner company for Foremost, and might be ideal for those who do not need specialty insurance for their home or car.
  • Erie: Erie offers some of the cheapest average rates for drivers with incidents on their driving record (among companies Bankrate has studied), such as an at-fault accident or speeding ticket.
  • American Family: American Family might be worth a look if in need of another vacant home insurance option.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:

Auto

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our sample drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts. For 16-year-old rates, rates were calculated with three drivers listed, two parents plus their 16-year-old.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), single speeding ticket conviction and a single DUI conviction.

Homeowners

  • Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000
  • Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000
  • Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000
  • Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000
  • Coverage E, Liability: $300,000
  • Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores

Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers and homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.

To determine how well the best car and home insurance companies satisfy these priorities, third-party agency ratings from J.D. PowerAM BestS&PNAIC, and Moody’s had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers and homeowners, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry, as well as 40-year-old male and female homeowners with $250,000 in dwelling coverage. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers and homeowners may compare each provider.

 

While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.

Compare rates and save on auto insurance today!

Close X