Farmers home insurance review: Robust lineup of coverage add-ons
Farmers home insurance comes with decent rates, over a dozen discount opportunities, and a slew of coverage add-ons to protect your home from whatever life throws your way.
Jennifer GimbelJennifer GimbelSenior Managing Editor & Home Insurance ExpertJennifer Gimbel is a senior managing editor and home insurance expert at Policygenius, where she oversees our homeowners insurance coverage. Previously, she was the managing editor at Finder.com and a content strategist at Babble.com.
Colin LalleyColin LalleyContent Director, Home & Auto InsuranceColin Lalley is the content director for home and auto insurance at Policygenius, where he leads our property & casualty editorial teams. His insights have been featured in Inc. Magazine, Betterment, Chime, Credit Seasame, Zola, and the Council for Disability Awareness.
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Our proprietary ratings methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the “Ratings methodology” section for more details.
AM Best rating
AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).
Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).
The bottom line
Farmers home insurance is a good option for homeowners looking for a robust lineup of coverage add-ons at a decent price to ensure your home, belongings, and personal liability are fully protected.
It offers guaranteed replacement cost coverage, meaning it’ll pay to fully rebuild your home regardless if the cost exceeds your policy limit; water backup coverage; and a personal articles floater to increase the coverage limits on your high-priced valuables. It also offers flood insurance through the National Flood Insurance Program (NFIP) along with earthquake coverage.
Farmers home insurance rates are on-par with the national average at $1,845 per year — plus it offers over a dozen discounts to help you save even more money on your rates.
Extended and guaranteed replacement cost for your home
Shave $50 off your deductible each year you’re with Farmers
Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys
Basic coverages offered
Farmers home insurance policies include these six standard coverages to protect your home, belongings, and personal liability:
Dwelling coverage: Pays to repair or rebuild the structure of your home after a covered loss.
Other structures coverage: Pays to repair or rebuild other structures on your property not connected to your home, including detached garages, storage sheds, and fencing.
Personal property coverage: Pays to repair or replace your personal belongings after a covered loss, including furniture, clothing, tech gadgets, and other stuff you own.
Loss of use coverage: Pays for hotel stays, restaurant bills, pet boarding fees, and other temporary living expenses after a covered loss if you need to live elsewhere while your home is being rebuilt.
Personal liability coverage: Pays for legal and medical expenses if someone is injured or their belongings are damaged while at your home and you’re found legally responsible.
Medical payments coverage: Pays for small-dollar medical bills if someone is injured while at your home — regardless of who is at fault.
Additional coverages offered
The following coverages are either included or can be added to your Farmers homeowners insurance policy for an additional cost:
Mobile home insurance: Insures your manufactured or mobile home with the standard coverages listed in the above section.
Condo insurance: Purchased as a supplement to your condo association’s master policy, condo insurance covers your personal belongings, the interior structure of your condo unit, and personal liability.
Second home insurance: Protect your vacation home and personal belongings against fire, theft, hail, windstorms, and other covered perils.
Landlord insurance: Covers your rental property against fire, windstorms, and other covered perils. It also includes loss-of-rent coverage if your rental property becomes uninhabitable after a covered loss, as well as liability coverage if a tenant or visitor is hurt on your property and files a lawsuit.
Vacant home insurance: Covers your home that’s vacant against theft, fire, weather damage, and other covered perils.
Farmers scores well on the price rating scale thanks to its average annual home insurance rate of $1,845 that’s right on par with the national average. It also offers over a dozen discounts to cut down your rates even more.
Farmers earned the third-highest score in J.D. Power’s 2022 claims satisfaction study, though it came in below-average on J.D. Power’s overall customer satisfaction and digital experience surveys. But Farmers makes up for it on our customer experience rating scale thanks to the National Association of Insurance Commissioners (NAIC) National Complaint Index Report — it earned around 30% fewer complaints than other home insurance companies of its size in 2021.
Farmers earns a perfect score on our coverage options rating scale thanks to its wealth of policy add-ons, including guaranteed and extended replacement cost for your home, personal articles floater for your valuables, water backup coverage, flood and earthquake insurance, and more.
Farmers earns a respectable A rating with AM Best, meaning it’s in a good financial position to pay out claims in the wake of a disaster. However, its average A+ rating with Standard & Poor’s and A1 rating from Moody’s brings its financial strength score down slightly.
How much does Farmers home insurance cost?
The average cost of home insurance with Farmers is $1,845 per year for a policy with $300,000 in dwelling coverage. This is on par with the national average of $1,899 per year.
Dwelling coverage limit
Average annual cost
Rates are based on our analysis of 2022 sample home insurance quotes from across the country provided by Quadrant Information Services. Actual rates will vary based on location, policy limits, coverages, claims history, and other factors.
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You can save on the cost of Farmers home insurance if you qualify for any of these discounts:
Affinity: If you’re a member, employee, or retiree of an eligible business or professional association.
Multi-policy: If you bundle your Farmers home insurance policy with a Farmers auto, life, umbrella, small business, or specialty insurance policy.
E-policy: If you sign up for an e-policy with paperless terms and conditions.
Roofing: If your roof uses asphalt or fiberglass shingles approved by Underwriters Laboratories (UL) through one of its fire resistance tests.
New home: If your home is less than 14 years old.
Protective devices: If you have a fire alarm, security system, or internal sprinklers.
Home safety: If your windows, walls, roof, or foundation are fortified against natural disasters, or you have automatic gas or water shutoffs.
Green home: If your home has Energy Star, LEED, or EPA certifications.
Claims-free: If you haven’t filed a home insurance claim for three consecutive years.
Connected home: If you have a smart home system that allows for remote monitoring and control.
Rent to own: If you had Farmers renters insurance for over a year and then buy a house and switch to a Farmers home insurance policy.
Preferred payment or EFT: If you pay your home insurance premiums in full, biannually, or sign up for a monthly payment plan with automatic payments.
Good payer: If you pay your bill on time.
Farmers also has a few state-specific home insurance discounts you might qualify for:
Earthquake multi-policy: Available to California homeowners who bundle their Farmers home insurance policy with an earthquake policy from the California Earthquake Authority.
Retirement community: Available to Arizona homeowners who live in a retirement community.
HOA gated community: Available to Nevada homeowners who live in a gated community with a homeowner’s association.
Fortified home: Available to Alabama homeowners who have a fortified home with extra protection against natural disasters and extreme weather events.
Other Farmers home insurance perks include:
Declining deductibles: Earn $50 toward your home deductible each year you have a home insurance policy with Farmers.
Claim forgiveness: Once you’ve gone five years without filing a claim, Farmers won’t raise your rate after that if you end up filing one.
Farmers home insurance state availability
Farmers offers home insurance policies in 41 states:
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
What to expect with Farmers home insurance
How to get a quote: You can get a Farmers home insurance quote online, by visiting a local Farmers agent, or by calling 888-327-6335.
Customer service options: You can get in touch with a Farmers customer service rep by calling 888-327-6335 or logging in to your online account.
How to file a claim: You can file a Farmers home insurance claim by logging in to your online account, through the Farmers mobile app, or by calling 800-435-7764.
How to cancel your policy: You can cancel your Farmers home insurance policy by calling your Farmers agent directly (their contact info should be on your policy declarations page), texting 855-922-3025, or calling its customer service line at 888-327-6335.
Farmers Insurance in the news
In January 2023, Farmers ranked No. 5 in a new survey of the most-considered insurers for Americans switching home insurance companies in 2023. (YouGov)
Farmers’ home insurance phone numbers are 888-327-6335 for customer service, 888-327-6335 for quotes, and 800-435-7764 for filing a claim.
Does Farmers offer mobile home insurance?
Farmers offers mobile home insurance, which comes with dwelling, personal property, and personal liability coverages.
Does Farmers insurance have a good reputation?
Farmers has a good reputation thanks to its excellent A rating from AM Best, which shows it has strong financial stability to pay out claims. It also received 30% fewer customer complaints than other home insurance companies of its size in 2021.
Jennifer Gimbel is a senior managing editor and home insurance expert at Policygenius, where she oversees our homeowners insurance coverage. Previously, she was the managing editor at Finder.com and a content strategist at Babble.com.
Colin Lalley is the content director for home and auto insurance at Policygenius, where he leads our property & casualty editorial teams. His insights have been featured in Inc. Magazine, Betterment, Chime, Credit Seasame, Zola, and the Council for Disability Awareness.