Farm Bureau Auto Insurance Review 2024: Pros and Cons - NerdWallet (2024)

You don’t have to be a farmer to get Farm Bureau insurance.

Anyone can join the Farm Bureau for an annual fee — and one major perk of membership is access to Farm Bureau insurance.

The cost to join depends on where you live. The cheapest level, often called associate membership, generally costs $20 a year. People who work in agriculture can pay more for a regular membership, making them eligible to vote within the American Farm Bureau Federation on policy positions and partner discounts, among other initiatives. Membership is available through your state’s Farm Bureau chapter.

» MORE: The best car insurance companies

How Farm Bureau sells insurance

Farm Bureau members can buy insurance through one of several companies, depending on the state. In many states, a statewide Farm Bureau insurance company writes and sells its own policies. Two regional Farm Bureau insurance companies serve 10 additional states.

In states without a Farm Bureau insurance company, members typically can get discounted insurance rates at partner companies including Alfa, Country Financial, American National and Nationwide Insurance. However, the Farm Bureau’s for Hawaii and Washington don’t offer auto or home insurance options for members.

Because each Farm Bureau insurance company is operated separately, the products they offer vary. In most states, you can get auto, homeowners and business insurance.

Farm Bureau insurance companies in each state

State

Insurance company

Alabama

Partnership with Alfa Insurance.

Alaska

Partnership with Country Financial.

Arizona

Farm Bureau Financial Services.

Arkansas

Southern Farm Bureau Casualty Insurance Company.

California

Partnership with Nationwide.

Colorado

Colorado Farm Bureau Insurance.

Connecticut

Partnership with Nationwide.

Delaware

Partnership with Nationwide.

Florida

Florida Farm Bureau Insurance.

Georgia

Georgia Farm Bureau Insurance.

Hawaii

None.

Idaho

Idaho Farm Bureau Insurance.

Illinois

Partnership with Country Financial.

Indiana

Indiana Farm Bureau Insurance.

Iowa

Farm Bureau Financial Services.

Kansas

Farm Bureau Financial Services.

Kentucky

Kentucky Farm Bureau Insurance.

Louisiana

Louisiana Farm Bureau Insurance.

Maine

Partnership with American National.

Maryland

Partnership with Nationwide.

Massachusetts

Partnership with A&B Insurance Group.

Michigan

Michigan Farm Bureau Insurance.

Minnesota

Farm Bureau Financial Services.

Mississippi

Mississippi Farm Bureau Insurance.

Missouri

Missouri Farm Bureau Insurance.

Montana

Mountain West Farm Bureau Insurance.

Nebraska

Farm Bureau Financial Services.

Nevada

Partnership with Country Financial.

New Hampshire

Partnership with American National.

New Jersey

Partnership with American National.

New Mexico

Farm Bureau Financial Services.

New York

Partnership with Nationwide.

North Carolina

North Carolina Farm Bureau Insurance.

North Dakota

Nodak Insurance.

Ohio

Partnership with Nationwide.

Oklahoma

Oklahoma Farm Bureau Insurance.

Oregon

Partnership with Country Financial.

Pennsylvania

Partnership with Nationwide.

Rhode Island

Partnership with American National.

South Carolina

South Carolina Farm Bureau Insurance.

South Dakota

Farm Bureau Financial Services.

Tennessee

Farm Bureau Insurance of Tennessee.

Texas

Texas Farm Bureau Insurance.

Utah

Farm Bureau Financial Services.

Vermont

Partnership with Nationwide.

Virginia

Virginia Farm Bureau Insurance.

Washington

None.

West Virginia

None.

Wisconsin

Partnership with Rural Mutual Insurance.

Wyoming

Mountain West Farm Bureau Insurance.

Farm Bureau auto insurance rates

If you’re wondering why people who aren't farmers would pay to join an agriculture association, a quick look at Farm Bureau car insurance rates makes it clear.

Here are some of the rock-bottom prices we found when we analyzed annual rates for a sample 35-year-old driver.

Kentucky

In Kentucky, compared with average car insurance rates statewide for our sample driver, Farm Bureau insurance was:

  • $1,234 cheaper for a good driver buying full coverage.

  • $1,862 cheaper for full coverage insurance after an at-fault crash.

  • $1,242 cheaper for full coverage after a DUI.

  • $579 cheaper for minimum coverage.

Louisiana

In Louisiana, compared with average car insurance rates statewide for our sample driver, Farm Bureau insurance was:

  • $1,072 cheaper for a good driver buying full coverage.

  • $2,300 cheaper for full coverage for a driver who recently caused an accident.

  • $2,353 cheaper for full coverage for someone with a DUI.

  • $198 cheaper for a good driver buying minimum coverage.

Missouri

In Missouri, compared with average car insurance rates statewide for our sample driver, Farm Bureau insurance was:

  • $950 cheaper for a good driver buying full coverage.

  • $1,572 cheaper for full coverage after an at-fault accident.

  • $1,923 cheaper for full coverage insurance after a DUI.

  • $274 cheaper for a good driver buying minimum coverage.

Tennessee

In Tennessee, compared with average car insurance rates statewide for our sample driver, Farm Bureau insurance was:

  • $631 cheaper for a good driver buying full coverage.

  • $1,585 cheaper for full coverage after a DUI.

  • $1,764 cheaper for a driver responsible for a recent wreck.

  • $141 cheaper for a good driver buying minimum coverage.

Texas

In Texas, compared with average car insurance rates statewide for our sample driver, Farm Bureau insurance was:

  • $1,698 cheaper for a good driver with full coverage.

  • $2,738 cheaper for full coverage for a driver who caused a recent accident.

  • $457 cheaper for a good driver buying minimum required insurance.

But Farm Bureau insurance isn’t always a bargain choice. In North Carolina, Farm Bureau was more expensive than the state average.

Prices range widely because Farm Bureau insurance comes from more than 20 different companies, each with its own priorities and standards. State regulations and personal factors affect auto insurance prices as well. That’s why it’s important to compare car insurance rates before choosing coverage.

To get an idea of what to expect, review the average car insurance rates for your area in our roundup of the cheapest insurers in each state.

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

Washington, D.C.

West Virginia

Wisconsin

Wyoming

Farm Bureau complaints and customer satisfaction

Several Farm Bureau insurance companies earned strong ratings for customer satisfaction in J.D. Power’s 2023 Auto Insurance Study.

  • Farm Bureau Insurance of Tennessee: Ranked first in the Southeast region.

  • Texas Farm Bureau Insurance: Ranked third in Texas.

  • Kentucky Farm Bureau Insurance: Ranked third in the Southeast region.

Consumer complaints about most Farm Bureau insurers are lower than expected for companies of a similar size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet looked at complaints reported to the NAIC for auto and home insurance. The Farm Bureau Insurance companies that had more than expected complaints for these policy types include:

  • Georgia Farm Bureau Insurance: More than expected for home insurance.

  • Mountain West Farm Bureau Insurance: More than expected for home insurance.

Farm Bureau discounts

Farm Bureau membership comes with discounts on a variety of goods and services. They vary by state, ranging from agricultural equipment and services to travel and prescription drug discounts. Here’s a sampling:

  • Hotel stays: Farm Bureau members save on stays at Choice Hotels, Wyndham properties and more.

  • Rental cars: Companies including Avis, Budget, Enterprise and Hertz offer discounts, depending on your state.

  • Pharmacies: Prescription discount cards are available in many states.

  • Theme parks: Some state Farm Bureau chapters have partnered with local and national theme parks to provide discounts on admission for members and their families.

  • Farm equipment: Discounts are available for several brands.

» MORE: Compare car insurance rates

Insurer complaints methodology

NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2020-2022. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsem*nt of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.

Average rates methodology

NerdWallet found median rates based on public filings obtained by pricing analytics company Quadrant Information Services. We examined rates for men and women for all ZIP codes in any of the 50 states and Washington, D.C. Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our rates analysis due to a lack of publicly available information.

In our analysis, “good drivers” had no moving violations on record; a “good driving” discount was included for this profile. Our “good” and “poor” credit rates are based on credit score approximations and do not account for proprietary scoring criteria used by insurance providers.

These are median rates, and your rate will vary based on your personal details, state and insurance provider.

Sample drivers had the following coverage limits:

  • $100,000 bodily injury liability coverage per person.

  • $300,000 bodily injury liability coverage per crash.

  • $50,000 property damage liability coverage per crash.

  • $100,000 uninsured motorist bodily injury coverage per person.

  • $300,000 uninsured motorist bodily injury coverage per crash.

  • Collision coverage with $1,000 deductible.

  • Comprehensive coverage with $1,000 deductible.

In states where required, minimum additional coverages were added. We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect only the minimum coverage required by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit. In states where credit isn’t

  • taken into account, we used only rates for “good credit.”

  • For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.

  • For drivers with a DUI, we added a single drunken driving violation.

  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.

We used a 2021 Toyota Camry LE in all cases and assumed 12,000 annual miles driven. We analyzed rates for drivers of the following ages: 20, 30, 35, 40, 50, 60 and 70.

These are rates generated through Quadrant Information Services. Your rates will be different.

Farm Bureau Auto Insurance Review 2024: Pros and Cons - NerdWallet (2024)

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