Farmers Insurance Insurance Review 2026 — Rates, Ratings & Coverage

Farmers Insurance Insurance Review (2026)

A.M. Best: AMarket Share: 3.5%Founded 1928 | Woodland Hills, CA

Farmers Insurance is a major insurer particularly strong in western states, known for extensive coverage customization options and a large agent network.

Average Farmers Insurance Insurance Rates

Auto Insurance

$1,850/yr

Home Insurance

$1,820/yr

Farmers Insurance Pros and Cons

Pros

+ Extensive coverage customization
+ Signal telematics program
+ Good agent network in West
+ Strong in California

Cons

- Higher than average rates
- Not available in all states
- Claims satisfaction mixed

Insurance Products Offered

Farmers Insurance offers coverage in: Auto, Home, Life, Business.

Company Overview

Founded: 1928
Headquarters: Woodland Hills, CA
A.M. Best Rating: A
Market Share: 3.5%

Frequently Asked Questions

Is Farmers Insurance a good insurance company?

Farmers Insurance has an A.M. Best financial strength rating of A and a market share of 3.5%. Extensive coverage customization. However, higher than average rates.

How much does Farmers Insurance insurance cost?

Farmers Insurance auto insurance averages $1,850/year. Home insurance averages $1,820/year. Your actual rate depends on your profile, location, and coverage needs.

What types of insurance does Farmers Insurance offer?

Farmers Insurance offers: Auto, Home, Life, Business insurance. They are headquartered in Woodland Hills, CA and were founded in 1928.