Georgia Farm Bureau insurance review 2023

Georgia Farm Bureau car insurance

Georgia Farm Bureau earned a Bankrate Score of 3.2 out of five stars. We determine Bankrate Scores based on several criteria, including a provider’s affordability, availability, and customer service and financial strength ratings. We also assess each insurer’s digital tools, like mobile and online applications that enable policyholders to manage their policies and submit and track claims. 

Georgia Farm Bureau car insurance includes standard coverage types such as liability, collision, comprehensive, and uninsured and underinsured motorist. When you purchase a policy, emergency roadside assistance is automatically included, unlike many car insurance providers that only offer this coverage as an endorsement. Other benefits of Georgia Farm Bureau’s auto insurance policies include its local network of Georgia agents.

Pros and cons of Georgia Farm Bureau car insurance

As with any auto insurer, it’s important to consider the full scope of what a Georgia Farm Bureau auto policy entails. Before buying a policy, make sure you understand the protection it offers and its limitations.

Georgia Farm Bureau car insurance cost

The average rate of a full coverage Georgia Farm Bureau policy is slightly higher than the national average cost of car insurance, although this figure might change depending on your personal rating factors. Below, we analyze Georgia Farm Bureau’s average rates across a variety of driving metrics. Although these rates can be useful for comparison purposes, requesting a car insurance quote from Georgia Farm Bureau based on your details will give you the most accurate estimate of your premium. 

Georgia Farm Bureau car insurance rates by driving history

Average rates may not reflect the price you will pay for auto insurance, because insurers base premiums on personal factors such as your age, claims history and driving record. The following tables provide average rates for different driver scenarios. Since many insurance companies do not write policies for people who have DUI convictions, we do not include average rates for those drivers. If you have a history of DUI violations, speak with your insurance agent to find out if you qualify for auto insurance coverage.

Georgia Farm Bureau car insurance quotes by age

Oftentimes, mature drivers pay less for car insurance than teen drivers because, statistically, young drivers have more accidents. Parents of young drivers can often get a better rate by adding their child to their policy, rather than purchasing separate coverage.

Average cost of car insurance for drivers on their parent’s policy

Average cost of car insurance for drivers on their own policy

Georgia Farm Bureau car insurance discounts

Stacking car insurance discounts is a great way to maximize your savings with the best car insurance companies. Some of Georgia Farm Bureau’s car insurance discount programs include:

Georgia Farm Bureau car tools and benefits

In addition to standard auto insurance, Georgia Farm Bureau offers farm insurance, which covers farm automobiles and other equipment, while also financially protecting a farm home and other structures. The insurer also sells business insurance, which can include coverage for commercial vehicles. 

As an exclusive perk, Georgia Farm Bureau offers a $500 cash reward for members who buy or lease eligible new Ford vehicles, including certain Ford Mavericks, Rangers, F-150s and Super Dutys.

Georgia Farm Bureau home insurance

Georgia Farm Bureau offers standard home insurance protections, such as dwelling, personal property, medical payments and other structures coverage. The provider also offers a few optional add-ons, like many of the best home insurance companies do, including mechanical breakdown coverage, home business coverage, hobby farm coverage and extended coverage for personal property like jewelry, furs, art and firearms.

Pros and cons of Georgia Farm Bureau homeowners insurance

Like with its auto insurance, you’ll want to consider the full picture of Georgia Farm Bureau’s home insurance coverage and service. Below are some advantages and potential drawbacks to consider with its home policies.

Georgia Farm Bureau home insurance cost

Georgia Farm Bureau home insurance is relatively affordable compared to the national average. For $250,000 in dwelling coverage, policyholders with Georgia Farm Bureau pay an average of $1,300 per year. Nationally, this same amount of coverage is $1,428 per year.

Georgia Farm Bureau home insurance discounts

Outside of a multi-policy discount, the Georgia Farm Bureau website does not list any homeowners insurance discount, which may be a drawback for those seeking the cheapest home insurance. However, a local agent can discuss all available discounts and eligibility requirements for your exact situation. 

Georgia Farm Bureau home tools and benefits

Georgia Farm Bureau’s customer base includes more than 260,000 members, including many farm families. To help meet the needs of farmers, the insurer offers optional homeowners insurance protections, including business and hobby farm coverage. Georgia Farm Bureau also offers customizable, standalone farm insurance policies, which may cover farm automobiles, farmhouses and other structures, irrigation systems and farm machinery.

Georgia Farm Bureau life insurance

Life insurance is an integral part of any family’s financial plan. Georgia Farm Bureau offers life insurance products provided by the Southern Farm Bureau Life Insurance Company, including annuities and permanent life and term life insurance policies.

Pros and cons of Georgia Farm Bureau life insurance

Georgia Farm Bureau life insurance endorsements

Although the website confirms that Georgia Farm Bureau’s life insurance can be personalized with different options, it does not share what riders are available. 

Georgia Farm Bureau life tools and benefits

Other than annuities and permanent life and term life insurance, Georgia Farm Bureau does not offer additional life insurance products. However, the provider does offer health insurance coverage to small business owners with fewer than 50 employees. Health coverage features a broad network of providers, including Anthem Blue Cross and Blue Shield, with competitive plans.

Georgia Farm Bureau customer satisfaction

Whether you’re shopping for auto, home or life insurance, you need accurate, up-to-date information about insurance companies before buying a policy. Reliable third-party sources can provide a wealth of information about an insurer’s affordability, availability, claims handling, customer service record and financial strength. Bankrate’s insurance editorial team consults J.D. Power annual insurance studies, which survey top insurance providers’ policyholders on various aspects of customer satisfaction. 

We also review data from the National Association of Insurance Commissioners (NAIC), which compiles a Complaint Index Report based on how many reports have been filed to them against an insurer. The baseline of 1.0 indicates the average number of complaints expected for an insurer of comparable size, where an index score below 1.0 meaning fewer complaints than average and a score above 1.0 meaning more complaints than average.  

Georgia Farm Bureau auto satisfaction

Georgia Farm Bureau was not included in the 2022 J.D. Power U.S. Auto Insurance Study or the 2022 U.S. Auto Claims Satisfaction Study, likely due to its limited service area. In 2021, the NAIC received just 4 auto insurance complaints against Georgia Farm Bureau, earning the carrier a 0.28 complaint index score, well below the 1.0 industry average.

Georgia Farm Bureau homeowners satisfaction

Georgia Farm Bureau did not earn a ranking in the 2022 J.D. Power U.S. Home Insurance Study, likely because it only writes policies in Georgia. It did, however, earn a 0.21 NAIC homeowners insurance complaint index score, far below the industry average.

Georgia Farm Bureau life satisfaction

Similar to auto and home insurance, Georgia Farm Bureau’s life insurance through Southern Farm Bureau Life Insurance Company was not ranked by J.D. Power. However, Southern Farm Bureau has a lower-than-average NAIC complaint index for individual life insurance, at 0.13. This means that fewer complaints than the baseline were recorded, which may mean a high level of service.

How to file a claim with Georgia Farm Bureau

Georgia Farm Bureau enables policyholders to report a claim online, through their customer account, or by calling the Claims Resource Center at 855-432-2567. After reporting an auto claim, Georgia Farm Bureau will assign an insurance adjuster to your case, who will evaluate the damage and determine a resolution for your losses. When filing a home insurance claim, an adjuster will determine the cause of losses and the amount of damage, then give you an estimate of appropriate payments.

Georgia Farm Bureau availability

Georgia Farm Bureau operates offices in 158 of 159 Georgia counties.

Other Georgia Farm Bureau perks worth considering

Georgia Farm Bureau offers a wide variety of perks beyond home, life and auto insurance. While its Member Benefits Directory has a full list of perks, here are just a few of the standout offerings:

• Farm insurance: In addition to personal auto and homeowners insurance products, Georgia Farm Bureau also offers farm insurance for both hobby and full-time farmers.
• Health insurance: To cover employees, Georgia Farm Bureau offers small businesses health insurance, which feature flexible benefit plans, with fixed monthly payments. 
• Banking: Georgia Farm Bureau members can access deposit accounts, personal and business credit cards, equipment loans and more.
• Home equipment discounts: Among the many discounts Georgia Farm Bureau members receive, the ones homeowners can benefit from include discounts on STOP-FYRE extinguishers, Bush Hog products, Grasshopper mowers and more.

Georgia Farm Bureau corporate sustainability

As a local organization, Georgia Farm Bureau participates in supporting community organizations. Some previous initiatives were a toy drive with Kids Yule Love, fundraising for United in Pink, the Beverly Olson Children’s Hospital and the American Cancer Society.

Not sure if Georgia Farm Bureau is right for you? 

Shopping around with different insurance carriers is one of the best ways to find policies that meet your needs. If Georgia Farm Bureau doesn’t meet all your needs, consider these other insurance companies:

Georgia Farm Bureau vs. Farmers

If you are looking for highly-personalized coverage, Farmers could be a good choice. The company offers an array of endorsements for both its auto and home insurance policies, which could allow you to build an insurance policy that fits your specific needs. Farmers also has broader availability than Georgia Farm Bureau, selling coverage in all but eight states and Washington, D.C.

Learn more: Farmers Insurance review

Georgia Farm Bureau vs. Country Financial

In addition to personal home and auto insurance, Country Financial also offers coverage for farms and ranches, as well as business and crop investment insurance. Besides standard auto insurance coverage, Country Financial also offers optional gap insurance, glass coverage, personal property coverage and rental car and trip interruption coverage. Country Financial also sells a more expansive life insurance product line, which includes term life, universal life and whole life insurance policies.

Learn more: Country Financial Insurance review

Georgia Farm Bureau vs. USAA

If you are a member of the military or a qualifying family member, USAA’s affordable home and auto insurance policies and highly rated customer service might be worth a look. Besides standard car insurance coverage, USAA also offers optional rental car reimbursement and roadside assistance coverage. Unlike Georgia Farm Bureau’s home insurance policies, USAA’s include replacement cost personal property coverage, which pays to replace your personal belongings at current market prices, following a covered loss.

Learn more: USAA Insurance review

Is Georgia Farm Bureau a good insurance company?

Georgia Farm Bureau has sound financial strength ratings and offers all standard auto and home insurance coverage offerings. Although its standard car insurance policies offer few endorsements, they do include roadside assistance coverage, a protection that most insurers only offer for an additional price. As an endorsement to its standard home insurance policies, Georgia Farm Bureau offers mechanical breakdown coverage, a protection that many providers do not provide.

Georgia Farm Bureau only offers products and services in Georgia. However, its focus on the needs of farm families may make it a good choice for farmers who need to protect their personal automobiles and homes, along with farm assets.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on 40-year-old male and female drivers and 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 2021 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 16-60 (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. 

The rates for drivers ages 16–20 added to their parent's policy reflect the good student and driver's training discounts applied. The rates for drivers aged 16-20 on their own policy do not include the good student and driver's training discounts. Additionally, 25-year-old rates are based on the driver as a renter and 30+ on the driver as a homeowner.  

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), single speeding ticket and single at-fault accident. 

Homeowners

• Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000, $750,000
• Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000, $75,000
• Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000, $375,000
• Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000, $150,000
• Coverage E, Liability: $300,000, $300,000, $300,000, $300,000, $500,000
• 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 Score

Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories. 

Like our previous Bankrate Scores, 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. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 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 and the NAIC, were analyzed.
• 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 an auto and 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 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.