Farmers Review

Overview

Founded in 1928, Farmers has long been a reputable and trusted resource for Americans seeking comprehensive and affordable insurance they can depend on. Whether it’s for a homeowner looking to protect their valuable asset, families wanting a more secure future through life insurance, or drivers who want to know they are safe on the road, Farmers provides impressive access to well-rounded policies that include numerous benefits, as well as potential big savings through a range of discounts. Offering a responsive and reliable claims process and on-going support for all customers, Farmers has become the place individuals turn to when they want customizable coverage that works, and as the 4th largest insurance provider in the nation they proudly service more than 19 million policies across all 50 US states.  

One of their leading services, homeowners insurance, offers a simple and seamless way to tap into true peace of mind for individuals across the country who want to safeguard their home, and their wallet, against the unexpected. Through industry-leading products and first-rate services, this highly-rated insurance provider has suitable policies for all types of homeowners and their coverage extends to everything from small condos to large-sized single-family homes. Covering all standard perils, and with an impressive selection of add-on coverage available as well, Farmers Insurance is quick, hassle-free, and dependable and is here to help you protect what matters most, no matter what the future holds. 

Basic Coverage

Homeowners insurance is an important, and in many cases required, part of purchasing and owning a home, and while it may feel like just another added expense every month, the reality is that without proper coverage you are leaving yourself open and vulnerable to big expenses should something go wrong. Protecting your investment, a proper insurance policy is intended to help mitigate your out-of-pocket expenses should an unexpected event occur, and Farmers Insurance makes this possible with their well-rounded and comprehensive coverage that comes standard with each policy you enroll in. With your base plan, you will have on-going protection for the following types of coverage, and this is available to all eligible homeowners who qualify:

• Dwelling – Covers eligible expenses relating to damage to your home and any attached structures
• Other Structures – Covers the cost to repair or rebuild non-attached structures such as fences or sheds
• Personal Property – Covers eligible costs for personal items that are damaged or involved in a theft
• Personal Liability – Covers injuries and damages to others that occur on your property
• Loss of Use – Covers out-of-pocket expenses incurred if you cannot live at home due to a peril covered by the policy

While the standard coverage is already predetermined by Farmers, you will still have the opportunity to customize your protection so that it’s better tailored to your needs and budget, and during the enrollment process you will have the option to set the coverage limits and amounts that are right for you. How much you opt for in terms of coverage limits will impact what your monthly premiums ultimately are, so the best thing to do is to complete the free quote process which can be found on the Farmers Insurance website. 

By breaking down each of the various coverage types and their applicable limits, the free quote will be able to show you exactly how much you would be protected up to in case you are required to file a claim, and it will provide a transparent and accurate answer about how much your policy would cost for a 12-month term. Completely free, and with no obligation required, this is the smart way to understand a base policy from Farmers and how it would impact your budget long-term. 

Additional Coverage

When it comes to purchasing homeowners insurance, there isn’t really a one-size-fits-all approach that can be taken, as each property, and the residents who live within it, will have unique and varying needs that their policy will need to address. Depending on the state you are located in, the type of home you have, and the concerns you want to make sure you are protected against, you may want to consider some of the expanded coverage add-ons that are available through Farmers Insurance. 

Potential options for additional coverage that you may find your property is eligible for could include:

• Flood Insurance – If you live in an area that is prone to flooding, this optional insurance covers damage to structures and personal belongings that are impacted by a covered event
• Earthquake Insurance – Similar to flood insurance, this covers damage to structures and personal property that are the result of an earthquake
• Eco-Rebuild – Provides an extra amount of reimbursement for rebuilding a home after a loss using green, energy-efficient materials and components
• Identity Theft Protection – Covers both credit monitoring services and identity theft protection coverage in case your identity is compromised or stolen
• Extended Replacement Cost – Increases your dwelling coverage by 25% or 50% for situations where repair costs exceed the standard coverage amount
• Guaranteed Replacement Cost – Covers the full cost to replace the home, even if that amount exceeds the policy limits
• Building Ordinance or Law Coverage – Protects against increased costs during a rebuild that are required to bring the property up to all current building codes
• Homeshare Coverage – Designed for homeowners who rent their property, either full-time or as a vacation rental
• Personal Articles Floater – Includes additional coverage for high-value items such as art, jewelry, or collectibles
• Umbrella coverage – Expands the personal liability coverage for cases where the covered loss exceeds the policy limits

Specializing in specialty home insurance, Farmers Insurance makes it easy to get the exact type of policy you require and they can help to tailor your coverage so that it meets your unique needs. For example, seasonal homes and secondary homes that are left unoccupied for long stretches of time may face different risks than homes that are occupied full-time and this is something Farmers is equipped to help you navigate through their policies. In addition, they also provide comprehensive coverage for landlords who hold rental properties, as well as for older homes, mobile homes, and in some states, up to 4-family homes. To learn more about the various insurance options available, and to browse all potential add-ons, you can visit the Farmers Insurance website directly to see what is offered in your state. 

Discounts

One of the big reasons why Farmers Insurance remains such a popular choice among homeowners isn’t just the expansive and comprehensive coverage they offer, but the wide range of potential discounts that are included alongside their policies. Helping you to save money wherever possible, the potential discounts can go a long way in reducing how much you are spending annually on your homeowners insurance policy and depending on the state you reside in, you may be eligible for:

• Safety & Security – If your property has added security features such as fire alarms, a security system, or even deadbolt locks then you may be eligible for added discounts

• Non-Smoker –  Potential discount for homeowners who have never smoked, or who have been a non-smoker for at least 2 years consecutively 

• Multi-Policy – Available to homeowners who hold multiple insurance policies through Farmers, including auto, life, or personal umbrella coverage

• Claims-Free – Existing policy holders who do not file a claim for a set period of time may see a reduction in their premiums

• New Home – Depending on when your home was built, you may qualify for an extra discount on new builds

• Professional – Certain professions such as military, health care, teachers, firefighters, or police officers may receive a discount on their homeowners insurance policy

• Good Payer – Making on-time premium payments can help you to save on your policy, and they even offer a rate reduction if you set-up auto-payments for your account

• Green Certification – In order to qualify for this discount, your home would need to be Energy Star, LEED, or EPA certified

During the free quote process, you will be asked a number of questions that are specifically intended to help narrow down which available discounts may be applicable to your policy. If you are eligible, these will be taken into account and you will be shown exactly what you qualify for, along with an updated 12-month price that includes the discounted rate. If you have any questions about potential discounts, or want to learn more about eligibility requirements, you can also reach out and speak with a representative directly who will be happy to go over all of the potential options and help you find the ones that best match your situation. 

Enrollment

Farmers Insurance has designed their enrollment procedure to be as simple, seamless, and hassle-free as possible and thankfully the majority of the process can be completed online from the comfort of your own home. Starting with the 100% free, no obligation quote, you will first be asked a number of questions about your home and property so that Farmers is able to tailor your potential insurance to your exact needs. During the quote process, some of the questions you may need to answer will include:

• What is the address of the property
• The year it was built and the square footage
• How the construction quality is graded
• What construction materials were used
• If you have solar panels, a trampoline, or a pool
• What your occupation is

If you’re unsure about any of the required answers, there is no need to worry, as the quote system will attempt to pre-fill as much as possible on your behalf using data from the address you initially provide. They also have mini guides attached to each question that you can click on them for more info, and these will provide images and small write-ups so you can better understand which option applies to your home. For any questions you truly aren’t sure about, you can simply skip over them and complete the quote as is. 

After you finish with your quote, you will be immediately shown an upfront and transparent 12-month premium price so you can make an informed decision about whether or not a policy through Farmers Insurance is right for you. This will also be your opportunity to further customize your policy, and you can adjust the limit amounts before you finalize the premium toal. For those who are satisfied with the quoted amount and want to proceed with enrollment, you can then take your personal home quote number and reach out directly to your local Farmers agent so they can help you complete the process. 

Farmers Insurance Cost 

One of the big questions homeowners have about insurance is how much they can expect to spend if they were to enroll in a policy, and unfortunately there isn’t a single, straightforward answer to that question. As with most types of insurance, home insurance isn’t a one-size-fits-all type of product, and each policy is highly customized to meet the individual and unique needs of a property and its owner. From where you are located to the exact property type you have, there are a number of factors that influence how much your premiums will cost, which is why Farmers Insurance generously offers all interested individuals a 100% free quote online. 

Making it easier than ever to know for sure how much a policy from Farmers will be, the free quote process takes into consideration all of the factors that influence your premiums, and it will even include potential discounts that you may be eligible for. Requiring nothing more than a few short minutes of your time, and with no commitment required, the free quote is the fastest way to receive upfront and transparent answers about pricing, and all quotes are highly accurate based on the answers you give. If you want to ensure you and your home are protected, and you’re seeking true peace of mind with your property, then the best thing you can do is to request a free quote from Farmers so you can make an informed and educated decision about which policy is right for your needs. 

Bottom Line

Giving you access to comprehensive coverage, generous discounts, and a dependable claims process that is fast and streamlined, Farmers Insurance consistently stands out as one of the most trusted and reliable home insurance providers currently on the market. With decades of experience behind them, they have been able to perfect their policies so that they meet the needs of various homeowners across the nation, and they include personalized, tailored coverage options for all types of dwellings and situations. Providing you with true peace of mind, and protection against the unknown, Farmers Insurance makes securing coverage simple so you can enjoy your home, worry-free. To learn more about what Farmers Insurance offers, head on over to their website today and receive a 100% free, no obligation quote for upfront answers and transparency you can depend on.