Considering affordability, customer service, coverage, and financial stability, we found that Farmers ranks 5th overall in the nation for home insurance. The company has great home insurance rates for older homes in most states, great ratings for claims satisfaction, and one of the widest selections of add-on coverages. Below, you can review our ratings.
Farmers Home Insurance Review
Updated: April 30, 2025
Advertising & Editorial Disclosure
Key Takeaways
Farmers ranks 5th overall for home insurance affordability with particularly low rates for those with older and high fire risk homes.
Customer satisfaction for Farmers ranks 4th in the nation with especially high ratings for claims satisfaction and financial stability.
Farmers ranks third overall for coverage options with especially unique choices, including guaranteed replacement and diminishing deductibles.
Farmers Home Insurance Ratings
| Overall Rating | 72 | 5 |
| Affordability | 44 | 4 |
| Customer Satisfaction | 22 | 4 |
| Coverage | 3 | 5 |
| Financial Stability | 2 | 3 |
*Scores are based on a 2,500 square food home and a coverage level of $250,000 dwelling protection and a $1000 deductible.
Farmers Home Insurance Ratings By State
While Farmers ranks within the top five nationally, these ratings can vary depending on the state you reside in. So below we've summarized how the company stacks up by location.
| Alabama | 81 | 3 |
| Arizona | 76 | 5 |
| Arkansas | 82 | 4 |
| California | 72 | 5 |
| Colorado | 43 | 7 |
| Connecticut | 85 | 3 |
| Georgia | 53 | 6 |
| Idaho | 69 | 5 |
| Illinois | 80 | 5 |
| Indiana | 73 | 5 |
| Iowa | 77 | 5 |
| Kansas | 69 | 4 |
| Maine | 72 | 5 |
| Maryland | 84 | 3 |
| Massachusetts | 77 | 4 |
| Michigan | 65 | 4 |
| Minnesota | 77 | 5 |
| Montana | 81 | 4 |
| Nebraska | 79 | 3 |
| Nevada | 68 | 5 |
| New Hampshire | 54 | 6 |
| New Jersey | 78 | 3 |
| New York | 65 | 5 |
| North Carolina | 44 | 4 |
| North Dakota | 48 | 8 |
| Ohio | 78 | 5 |
| Oklahoma | 74 | 4 |
| Oregon | 72 | 4 |
| Pennsylvania | 70 | 6 |
| Rhode Island | 65 | 6 |
| South Dakota | 76 | 3 |
| Texas | 86 | 2 |
| Utah | 85 | 1 |
| Virginia | 74 | 6 |
How Much is Farmers Home Insurance?
For most homeowners, Farmers home insurance costs $192 per month and $2,304 yearly. However, depending on your unique profile and coverage needs, costs can vary anywhere from $50 to $3,660 monthly. Below, we've broken down costs in a filterable table that can fit your profile.
Data filtered by:Results filtered by:
Select
Coverage Level:$250K Dwelling / $125K Personal Property / $200K Liability
Select
Deductible:1000
Select
Credit Tier:Good
Select
Claims History:Claim free for 5+ years
Select
Age of Home:Older Homes
| $250K Dwelling / $125K Personal Property / $200K Liability | $192 | $2,304 |
Farmers Home Insurance Cost By State
Costs will also vary heavily by state, so below you can review pricing for Farmers home insurance by location:
| Alabama | $268 | $3,211 |
| Arizona | $168 | $2,021 |
| Arkansas | $284 | $3,409 |
| California | $93 | $1,111 |
| Colorado | $478 | $5,735 |
| Connecticut | $108 | $1,297 |
| Georgia | $189 | $2,269 |
| Idaho | $123 | $1,474 |
| Illinois | $136 | $1,636 |
| Indiana | $189 | $2,269 |
| Iowa | $139 | $1,663 |
| Kansas | $320 | $3,845 |
| Maine | $96 | $1,155 |
| Maryland | $124 | $1,483 |
| Massachusetts | $99 | $1,193 |
| Michigan | $180 | $2,155 |
| Minnesota | $169 | $2,029 |
| Montana | $252 | $3,027 |
| Nebraska | $342 | $4,109 |
| Nevada | $87 | $1,047 |
| New Hampshire | $95 | $1,136 |
| New Jersey | $95 | $1,138 |
| New York | $104 | $1,245 |
| North Carolina | $342 | $4,103 |
| North Dakota | $252 | $3,029 |
| Ohio | $119 | $1,431 |
| Oklahoma | $643 | $7,721 |
| Oregon | $96 | $1,152 |
| Pennsylvania | $126 | $1,509 |
| Rhode Island | $145 | $1,741 |
| South Dakota | $227 | $2,728 |
| Texas | $240 | $2,884 |
| Utah | $57 | $689 |
| Virginia | $142 | $1,707 |
Farmers Home Insurance Coverage Options
In addition to standard coverage options, Farmers offers the following add-ons:
Add-on Coverage Option | Coverage Details |
|---|---|
Extended Replacement Cost | This policy allows coverage in addition to your current limits that are 25% higher. |
Guaranteed Replacement Cost | This add-on allows all covered losses to be completely covered, regardless of how much it costs. |
Building Ordinance Upgrades | If building ordinances or laws require upgrades to your home after covered damages, this add-on will cover it. |
Sewer and Water Drain Damage | Pays for water damages caused from backup in drains and sump pumps. |
Scheduled Personal Article | You can insure your personal items that have a lot of value up to a set limit with this add-on. |
Identity Shield | Provides identity protection services |
Farmers Homeowners Insurance Review: Bottom Line
Overall, Farmers insurance ranks within our top five for home insurance policies and we recommend reaching out to them for quotes. However, while Farmers may be a good provider, we still urge you to compare other options and compare pricing apples to apples to get the best deal.
Farmers Home Insurance: FAQ
Below we've answered some frequently asked questions about Farmers home insurance:
Is Farmers home insurance good?
Farmers insurance is a good coverage option for home insurance, earning the 5th overall spot in the nation. In more detail, the company ranked 4th overall nationally for affordability, and customer service, and 5th for coverage options.
How much is home insurance with Farmers?
Farmers home insurance for $250,000 of dwelling coverage is around $2,304 per year, or around $366 cheaper than the national average. However, depending on your personal profile and coverage choices, pricing can range anywhere from $605 to $43,926 annually.
How is Farmers home insurance customer service?
In our review of Farmers home insurance, we found the company ranked 4th overall for customer service with high rankings for home insurance claims and overall customer satisfaction according to J.D. Power.
How We Rated Farmers Home Insurance
We used the following base profile to determine rates for all homeowners insurance providers and judge their affordability:
- 40 year old homeowner
- 2,5000 square foot house
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- Good credit
- No claims in the past 5+ years
Our ratings system consisted on the following scoring mechanisms:
- Affordability (55% of score): Using our base profile as a guide, we compared costs relative to the national average and competition
- Customer Experience (35% of score): We took into account forum ratings from customers, industry studies from J.D. Power, and A.M. best Financial Strength scores.
- Coverage (10% of score): This score takes into account add-on coverage selections relative to the average and the uniqueness of selections available.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Farmers. "Pet Insurance." Accessed April 19, 2022.
- J.D. Power. "Home Insurers Struggle with Customer Loyalty as Boomers Flock to Rental Market, J.D. Power Finds." Accessed April 19, 2022.