Farmers Insurance is a major U.S. insurance provider offering auto, home, renters, life and other insurance products. Its auto insurance is designed to help protect drivers, passengers and vehicles against covered accidents, damage and liability claims.
Farmers offers core coverage options including liability, comprehensive, collision and uninsured/underinsured motorist protection. Liability coverage can help pay for injuries or property damage to others when the insured driver is responsible. Comprehensive coverage can protect against qualifying non-collision events such as theft, vandalism, hail, wind, fire and animal damage.
Farmers also provides a variety of optional features that allow drivers to customize their policies. Depending on the state and policy, these can include roadside assistance, rental car reimbursement, accident forgiveness, rideshare and food-delivery coverage, OEM parts coverage, new-car replacement, customized equipment coverage and gap or residual-debt protection.
One of Farmers' notable features is its Signal® program. The program uses driving behavior information to help determine eligibility for potential savings. Farmers says drivers receive an initial discount for enrolling, with additional safe-driving savings potentially available at renewal.
Farmers also offers more than 20 potential discount options. Eligible drivers may qualify for savings based on safe driving, good grades, multiple vehicles, bundling policies, homeowner status, anti-theft equipment, paying in full and other qualifying factors. Availability varies by state.
Bundling is another potential way to save. Farmers states that customers can save 10% or more by bundling home and auto policies, while additional savings may be available for multiple vehicles and other policies.
Farmers may be particularly suitable for drivers who want customizable coverage, multiple discount opportunities and personalized service through an agent. However, its average premiums are relatively high compared with several major competitors, so drivers should compare quotes using the same coverage limits and deductibles.
Before purchasing, customers should compare the final premium, liability limits, collision and comprehensive deductibles, optional coverage, exclusions and available discounts with other insurers.
