⚡ Quick Verdict
$3,874
Avg annual premium
A
AM Best rating
#1
Claims satisfaction
0.86
NAIC complaint
The Farmers Question
Is #1 claims satisfaction worth paying 60%+ more than average?
The Case FOR Farmers
- • 94% claims satisfaction (#1 in industry)
- • 88% would recommend to others
- • Strong local agent network
- • Classic car partnership (Hagerty)
The Case AGAINST
- • $3,874/year average (2nd most expensive)
- • Only 56% satisfied with discounts
- • App redirects to mobile website
- • Quote process often requires agent
🏆 Why Farmers Dominates Claims
94%
Claims satisfied
#1
Insure.com ranking
88%
Would recommend
What this means: When you file a claim with Farmers, you're more likely to have a positive experience than with any other major insurer. That's worth something—the question is how much.
Farmers' Unique Features
Accident Forgiveness (Earned)
One at-fault accident forgiven for every 3 years accident-free. You earn it—not just a purchase.
Hagerty Classic Car Partnership
Specialized classic and collector car insurance through Hagerty—the industry leader. Great for car enthusiasts.
Rideshare Coverage
Coverage for Uber/Lyft drivers—fills the gap between personal and commercial policies.
đź’° The Price Problem
| Insurer | Annual Premium | vs Farmers |
|---|---|---|
| Farmers | $3,874 | — |
| GEICO | $1,731 | Save $2,143 |
| Progressive | $1,960 | Save $1,914 |
| State Farm | $2,167 | Save $1,707 |
The math: You could save $1,700-$2,100 annually by choosing a competitor. That's a lot of money to pay for claims handling you may never need.
Who Should Choose Farmers?
âś“ Good Fit If You...
- • Have filed claims before and value smooth experience
- • Own a classic/collector car
- • Drive for Uber/Lyft
- • Can afford premium pricing
- • Prefer local agent relationships
❌ Look Elsewhere If You...
- • Are price-sensitive
- • Haven't had claims issues before
- • Want digital-first experience
- • Don't need specialty coverage
- • Can't justify 60%+ premium
Our Verdict
Farmers delivers on their promise: #1 claims satisfaction is genuinely impressive. But at $3,874/year—nearly $2,000 more than GEICO—you're paying an extreme premium for that peace of mind. Best for: people with frequent claims history, classic car owners, and those who truly value claims experience above all else. For everyone else, the savings from competitors are too significant to ignore.