Farmers Insurance

Farmers is rated 2.8 out of 5 by WalletHub's editors, based on factors such as customer reviews and watchdog-group ratings. For example, Farmers has a rating of 1.91 from he National Association of Insurance Commissioners (NAIC), meaning it has more customer complaints than the average insurer its size.

Farmers Insurance Ratings

• WalletHub Editors: 2.8
• A.M. Best: A
• J.D. Power: 4.1
• NAIC: 1.91
• BBB: A-
• Standard & Poor's: A
• Moody's: A2
• Average User Rating on WalletHub: 3.4/5

To learn more, check out WalletHub's complete Farmers car insurance review.

Farmers Car Insurance Rates vs. Popular Competitors

Note: Rates are an approximation based on a 45-year-old driver in California. Actual rates will vary. For more information, check out the methodology section of our Farmers car insurance review.

Other Factors That Make Farmers Insurance Competitive

• Farmers offers 23 auto insurance discounts.
• Farmers offers 34 different types of insurance.
• Farmers customer service representatives are available Monday-Friday 9 am - 8 pm EST.

To learn more, read WalletHub's complete review of Farmers.

Farmers is cheap for families who have teen drivers, and even offers discounts specifically for those drivers, like the Farmers shared family car discount. This discount is for households that have more drivers than vehicles and a driver under the age of 21 in the home. Farmers is not one of the cheapest car insurance companies overall, though, and high-risk drivers, or drivers who need to have an SR-22 on file, may find cheaper rates elsewhere.

Average Rates for Farmers Car Insurance vs. Top Competitors

Note: Premiums are representative of a family with a teen driver in CA; individual premiums will vary.

Farmers may not be one of the cheapest car insurance companies for most drivers, but it does offer a variety of discounts, like discounts for taking a driver training course or for going paper-less with your policy. Plus, Farmers rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such as home and auto. 

Your final premium is based on a variety of factors, though, such as your driving record, insurance history, and more. Every insurance company determines their rates differently, so the best way to find a good deal is to compare quotes from multiple insurers and take advantage of every discount.

To learn more, check out WalletHub's review of Farmers and see Farmers' full profile.

Full coverage car insurance from Farmers costs $4,652 per year, on average, and is more expensive than a liability-only policy since it provides more coverage.

Cost of Farmers Full Coverage by Driver's Age 

Common Farmers Full Coverage Insurance Components

Liability insurance. Almost every state requires drivers to carry liability insurance, which includes property damage liability and bodily injury liability coverage. Liability insurance pays for others' expenses after an accident you are at fault for.

Collision and comprehensive insurance. Collision insurance covers the cost of fixing or replacing the policyholder's vehicle after an accident, regardless of who was at fault. Similarly, comprehensive insurance covers the policyholder's car if it's damaged by something besides an accident, like vandalism, a fire, or a natural disaster. Collision and comprehensive are not mandatory in any state, but they are usually required for leased and financed cars.

Uninsured/underinsured motorist coverage. This type of coverage protects you if you are involved in an accident with a driver who either does not have car insurance or does not have enough coverage. Uninsured/underinsured motorist insurance covers your expenses after an accident that should have been paid for by the at-fault driver's liability insurance. It will automatically be included in your full coverage policy if it is required in your state.

Personal injury protection/MedPay. Personal injury protection (PIP) insurance and MedPay coverage both cover medical expenses for you and your passengers after an accident, regardless of fault. Depending on your state, you may be required to carry one or the other.

Although these types of insurance are commonly included in a full coverage policy, what your specific policy includes will depend on your state. Full coverage is not the official name of any type of insurance, so be sure to clarify whether these types of insurance are included if you're purchasing a Farmers policy.

When You Should Consider Full Coverage From Farmers

A Farmers full coverage policy is a good choice for drivers who don't want to pay for vehicle repairs out of pocket. If you are leasing or financing your car, you may be required to get full coverage.

To get a quote from Farmers for a full coverage policy, you can call 1-800-974-6755 . To learn more, check out WalletHub's guide to full coverage car insurance and our full review of Farmers.

Note: Rates are an approximation based on a driver with full coverage and a clean driving record in California. Actual rates will vary.    

The exact amount that premiums go up after an accident depends on a few factors, including who was at fault, how much damage was caused, and the policyholder's driving and claims history. In general, at-fault accidents or severe accidents that lead to expensive insurance claims increase rates more than minor or not-at-fault wrecks. Repeat offenders also see relatively large rate hikes.

To learn more, check out WalletHub's complete review of Farmers car insurance, as well as our guide to accident forgiveness.