Farm Bureau Car and Home Insurance Review
- Dependable company with local agents
- Cheap rates in Mississippi, North Carolina and Virginia
- Excellent customer satisfaction in the Southeastern U.S.
- Supports farming and ranching
- Coverage options and discounts differ by state
- Limited availability of add-ons like gap insurance
- Farm Bureau membership required
Is the Farm Bureau good for insurance?
Farm Bureaus are generally good for car, home and renters insurance. Each state’s Farm Bureau is different. Most provide basic coverage at a reasonable price. However, their affordability and coverage options vary by state.
- The Farm Bureau is an especially good deal in North Carolina, Mississippi and Virginia. Its car and home insurance rates are cheaper than average in each state.
-
Tennessee Farm Bureau has the third-highest auto satisfaction rating from J.D. Power
in the Southeastern U.S. Farm Bureau also has good auto satisfaction scores, or happy customers, in Florida, Indiana, Kentucky and Michigan.J.D. Power’s satisfaction scores are based on customer surveys rating companies on factors like price, coverage options and problem resolution.
-
The National Association of Insurance Commissioners
, or NAIC, gives Farm Bureau insurance companies good complaint ratings. This means they tend to be prompt and fair with claims.The NAIC rates companies on confirmed complaints by size. A confirmed complaint is one that leads to a finding of fault.
Farm Bureaus usually offer basic insurance protections and a few useful extras. You can often add coverage for car rentals after an accident and water backups in your home. A few offer gap coverage.
Farm Bureau insurance ratings and reviews
| Rating | Farm Bureau average | U.S. average |
|---|---|---|
| J.D. Power auto satisfaction | 661 (Excellent) | 640 |
| NAIC auto rating | 0.9 (Good) | 1.0 |
| NAIC home rating | 0.4 (Excellent) | 1.0 |
How much is Farm Bureau car insurance?
As a group, Farm Bureaus charge an average of $195 a month for full coverage
Auto insurance rate comparison
| Company | Full coverage | Minimum coverage | LendingTree score | |
|---|---|---|---|---|
| Farm Bureau | $195 | $57 |  |
 | Travelers | $135 | $59 |  |
 | State Farm | $144 | $56 | |
 | Progressive | $160 | $69 | |
 | Geico | $173 | $65 |  |
 | Nationwide | $190 | $76 |  |
 | Allstate | $248 | $104 | |
 | Farmers | $258 | $101 | |
Your actual rate depends on factors like your driving record and location. It’s good to compare car insurance quotes from a few companies when you shop.
Farm Bureau full coverage rates by state
Farm Bureaus have especially cheap full coverage car insurance in Idaho, Georgia, Missouri and Virginia. They charge at least 20% less than the state average in all four states. Overall, Farm Bureaus have full coverage rates that are cheaper than average in 11 states.
Farm Bureau full coverage vs.state averages
| State | Farm Bureau monthly | State average | Difference |
|---|---|---|---|
| Arizona | $230 | $201 | 14% |
| Arkansas | $169 | $197 | -14% |
| Georgia | $119 | $155 | -23% |
| Idaho | $93 | $127 | -27% |
| Indiana | $143 | $144 | -1% |
| Iowa | $191 | $149 | 28% |
| Kansas | $319 | $199 | 60% |
| Kentucky | $172 | $176 | -2% |
| Louisiana | $275 | $277 | -1% |
| Michigan | $230 | $218 | 6% |
| Mississippi | $162 | $176 | -8% |
| Missouri | $155 | $198 | -22% |
| Nebraska | $306 | $171 | 79% |
| New Mexico | $247 | $188 | 31% |
| North Carolina | $116 | $124 | -6% |
| Oklahoma | $214 | $193 | 11% |
| South Carolina | $150 | $152 | -1% |
| South Dakota | $298 | $177 | 68% |
| Utah | $204 | $193 | 6% |
| Virginia | $104 | $132 | -21% |
Best states for cheap Farm Bureau liability insurance
Farm Bureau is often a good choice for cheap liability insurance. It beats the average rate for minimum coverage in 14 states. It’s less than half the state average in Kentucky and Missouri.
Farm Bureau liability rates vs. state averages
| State | Farm Bureau monthly | State average | Difference |
|---|---|---|---|
| Arizona | $85 | $82 | 4% |
| Arkansas | $52 | $59 | -12% |
| Georgia | $55 | $68 | -19% |
| Idaho | $38 | $45 | -16% |
| Indiana | $50 | $53 | -6% |
| Iowa | $30 | $36 | -17% |
| Kansas | $68 | $64 | 6% |
| Kentucky | $39 | $84 | -54% |
| Louisiana | $101 | $94 | 7% |
| Michigan | $68 | $78 | -13% |
| Mississippi | $51 | $59 | -14% |
| Missouri | $31 | $70 | -56% |
| Nebraska | $83 | $48 | 73% |
| New Mexico | $48 | $66 | -27% |
| North Carolina | $57 | $60 | -5% |
| Oklahoma | $62 | $55 | 13% |
| South Carolina | $70 | $66 | 6% |
| South Dakota | $40 | $31 | 29% |
| Utah | $78 | $90 | -13% |
| Virginia | $37 | $67 | -45% |
How much is Farm Bureau insurance with a bad driving record?
As a group, the Farm Bureau charges drivers with a speeding ticket $222 a month for full coverage. Its rates after an accident average $266 a month. Both are close to national averages.
Its rates after a DUI (driving under the influence) average $362 a month, which is 10% higher than the average.
Full coverage with a bad driving record
| Driving record | Farm Bureau monthly | U.S. average | Difference |
|---|---|---|---|
| Clean record | $195 | $177 | 10% |
| Speeding ticket | $222 | $219 | 1% |
| At-fault accident | $266 | $263 | 1% |
| DUI | $362 | $329 | 10% |
If you have a bad driving record, Farm Bureaus’ affordability differs by state. It’s cheaper than average in some places and more expensive in others. Comparing quotes from multiple companies is a good way to find the cheapest rate in your location.
Farm Bureau car insurance costs for teens
Farm Bureaus tend to have cheap car insurance for teens. Their liability rates for young drivers average $163 a month, which is 22% less than the national average. Their full coverage rates for teens work out to $448 a month, or 10% less than the average.
Teen car insurance rates
| Policy type | Farm Bureau monthly | U.S. average | Difference |
|---|---|---|---|
| Minimum coverage | $163 | $208 | -22% |
| Full coverage | $448 | $497 | -10% |
How much is Farm Bureau home insurance?
Farm Bureaus charge an average of $3,466 a year for homeowners insurance. This is 24% higher than the national average.
Home insurance rate comparison
| Company | Annual rate | LendingTree score |
|---|---|---|
| Farm Bureau | $3,466 | |
| State Farm | $2,427 | |
| Allstate | $2,560 | |
| Progressive | $2,648 | |
| Nationwide | $3,055 | |
| Travelers | $3,149 | |
| Farmers | $3,801 | |
Best states for Farm Bureau home insurance
The affordability of Farm Bureau homeowners insurance also varies by state. It’s 38% cheaper than the state average in Virginia, and 37% less in North Carolina. All told, Farm Bureaus have cheap home insurance in nine states, compared to state averages.
Farm Bureau home insurance rates by state
| State | Annual rate | State average | Difference |
|---|---|---|---|
| Arizona | $1,965 | $2,623 | -25% |
| Georgia | $3,147 | $2,869 | 10% |
| Idaho | $4,494 | $2,178 | 106% |
| Iowa | $3,480 | $2,697 | 29% |
| Kansas | $5,391 | $5,412 | 0% |
| Kentucky | $6,719 | $4,671 | 44% |
| Mississippi | $3,249 | $4,201 | -23% |
| Nebraska | $5,196 | $5,912 | -12% |
| North Carolina | $2,138 | $3,378 | -37% |
| Oklahoma | $4,994 | $6,133 | -19% |
| South Carolina | $4,202 | $3,335 | 26% |
| South Dakota | $3,410 | $3,605 | -5% |
| Tennessee | $2,671 | $2,857 | -7% |
| Texas | $3,474 | $5,180 | -33% |
| Utah | $1,230 | $1,507 | -18% |
| Virginia | $1,559 | $2,499 | -38% |
What types of insurance coverage does the Farm Bureau offer?
Farm Bureaus offer basic auto, home and renters insurance coverage with a few useful add-ons. These extra protections are not available in every state.
Farm Bureau’s car insurance coverage options
All Farm Bureau insurance companies offer essential auto insurance coverages like liability
In several states, Farm Bureaus also offer replacement cost coverage. If your car is totaled while it’s only a few years old, this pays for a new one.
The Farm Bureau offers a form of gap insurance
Although these extras aren’t required by law, they can come in handy under certain circumstances. If you want them, it’s good to ask a local Farm Bureau agent if they are available.
Car insurance coverage comparison
| Coverage* | Farm Bureau** | State Farm | Progressive | Travelers |
|---|---|---|---|---|
| Transportation expense | ✅ | ✅ | ✅ | ✅ |
| Replacement cost | ✅ | ✅ | ||
| Accident forgiveness | ✅ | ✅ | ✅ | |
| Gap insurance | ✅ | ✅ | ✅ |
Home and renters insurance coverage from Farm Bureau
Farm Bureaus also generally stick to the basics for home insurance. Its standard policies typically include coverage for:
- Damage to your home, or dwelling
- Theft or damage to your belongings, or personal property
- Loss of use for temporary living expenses after a disaster
- Personal liability for injuries or damage to others
- Injuries to a guest visiting your home
Most Farm Bureaus offer add-on coverage for:
- Valuable items like jewelry and fine art
- Cleanup and repairs after a sewer or drainage back up
The Farm Bureau also offers affordable renters insurance. In several states, you can choose between actual cash value
Insurance discounts from Farm Bureau
It’s good to ask about the discounts when you get your Farm Bureau insurance quotes. You usually get a generous discount for bundling, or getting more than one policy from Farm Bureau.
Most Farm Bureaus also give you car or home insurance discounts for:
- Drivers with no recent tickets or accidents
- Low-mileage drivers
- Teens with good grades
- Paying in full up front
- Having a burglar alarm or other protection devices
- New or newer homes
- Having a new roof
Home and auto insurance discount comparison
| Discount* | Farm Bureau** | State Farm | Progressive | Travelers |
|---|---|---|---|---|
| Low mileage | ✅ | ✅ | ||
| Auto pay | ✅ | ✅ | ✅ | |
| Good student | ✅ | ✅ | ✅ | ✅ |
| Newer home | ✅ | ✅ |
Safe-driver discounts from Farm Bureau
Several Farm Bureaus also offer usage-based insurance (UBI) discounts in one form or another. These programs use a smartphone app to monitor your driving.They go by names like DriveTrend in Indiana, DriveRight in Kentucky and Driveology in several others.
You usually get a discount just for signing up. If you drive safely enough, you get another discount each time you renew.
Farm Bureaus in Louisiana, Mississippi and a few other states offer a UBI alternative called DriveDown.
-
If you drive safely with the DriveDown app, your deductible
goes down.Your deductible is your share of repair costs for a collision or comp claim. Your insurance company pays the rest.
- The DriveDown program can reduce what you pay out of your own pocket after an accident.
- Unlike other UBI programs, DriveDown does not lower your car insurance rate.
How to get Farm Bureau insurance quotes
Farm Bureaus offer home and auto insurance in more than 30 states. Some Farm Bureau insurance companies offer online quotes. Others just help you find a local agent for help.
You usually have to join your state’s Farm Bureau to get Farm Bureau insurance. A membership typically costs between $40 and $60 a year, but the fee differs by state. You don’t have to be a farmer to join the Farm Bureau or get Farm Bureau insurance.
Each state’s Farm Bureau is part of the American Farm Bureau Federation. The group supports farming and ranching. Farm Bureau members also get discounts on things like farm equipment, business services, car rentals and more.
Methodology
How we obtained home and auto insurance rates
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for typical drivers and homeowners. Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2018 Honda CR-V EX.
Car insurance coverage limits
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $50,000
- Uninsured / underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Personal injury protection: minimum limits, where required by law
- Collision: $500 deductible
- Comprehensive: $500 deductible
Homeowners insurance coverage limits
Homeowners insurance rates are based on policies with the following coverage and deductible amounts:
- Dwelling coverage: $400,000
- Other structures: $40,000
- Personal property: $200,000
- Personal liability: $100,000
- Medical payments: $5,000
- Deductible: $1,000
How we evaluated insurance companies
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included Complaint Index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.