Georgia Farm Bureau insurance review 2023

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.

Georgia Farm Bureau home insurance services received a Bankrate Score of 2.9. Though the provider scored well on criteria like financial strength, it has limited availability and discounts. So, for homeowners looking for a more affordable insurance policy with a national presence, they may want to look elsewhere.

The company 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.

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.

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 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.

Georgia Farm Bureau customer complaints

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 based on different product types. 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 means fewer complaints than average. A score above 1.0 meaning more complaints than average.

Other Georgia Farm Bureau tools and benefits

The following tools and benefits may be reasons why Georgia Farm Bureau insurance is a good fit for the right individuals.

• Home business coverage: Policyholders get more comprehensive coverage for business machinery and equipment that is used/stored in their homes.
• Farm insurance: Protects the policyholder’s home, possessions and personal liability in addition to farm-related property, equipment, structures and tools.
• Hobby farm coverage: This type of policy provides additional protections to owners of small farm operations that may not qualify for standard farm insurance policies.
• Business insurance: This policy will provide more protections on commercial vehicles.
• Crop insurance: Members in Georgia can also take advantage of this policy to provide financial protections on their crops.
• Ford vehicle cash reward: Georgia Farm Bureau is currently offering an exclusive perk of a $500 cash reward for members who buy or lease eligible new Ford vehicles.

Frequently asked questions about Georgia Farm Bureau

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.