Allstate vs. Farmers: Home Insurance Comparison

Farmers scores 4.30 out of 5 and averages $2,785 per year, while Allstate scores 4.20 and averages $2,942, based on MoneyGeek's analysis of rates, coverage and service.

Find out if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: May 5, 2026

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Key Takeaways

Farmers averages $2,785 per year ($232 per month) compared to Allstate's $2,942 per year ($245 per month) for a standard profile, but Allstate is cheaper for homeowners with poor credit ($8,458 vs. $10,719 per year) and at dwelling coverage levels of $500,000 and above.

Allstate is the stronger pick for homeowners who want niche endorsements like Sports Equipment coverage, Green Improvement Reimbursement and Electronic Data Recovery, none of which Farmers offers.

Farmers is the better fit for homeowners focused on earning discounts, with 12 available discount programs (including Green Certifications and Rent to Own) compared to Allstate's eight.

Allstate vs. Farmers: Overall Comparison

MoneyGeek compared Allstate and Farmers homeowners insurance using a weighted scoring model that measures affordability (55%), customer experience (35%) and coverage breadth (10%). Farmers earns a 4.30 composite score and Allstate earns a 4.20. The gap is narrow, but the scores reflect real differences in where each insurer leads.

Affordability: Farmers wins with a 4.56 score versus Allstate's 4.52. Farmers costs $157 less per year for a standard $250,000 dwelling profile, but across all 2,700 profile combinations in MoneyGeek's analysis, Allstate was cheaper for homeowners with poor credit (averaging $8,458 per year vs. Farmers' $10,719) and for coverage tiers at $500,000 and above.
Customer Experience: Farmers leads 4.26 to 3.88, reflecting stronger J.D. Power satisfaction data in claims handling and service responsiveness. This gap matters most for homeowners who expect to interact with their insurer after a loss rather than only at renewal.
Coverage: Allstate scores 3.69 to Farmers' 3.47. Allstate offers nine optional add-ons, including Sports Equipment, Green Improvement Reimbursement and Electronic Data Recovery. Farmers carries five optional endorsements, including two Allstate does not offer: Matching of Undamaged Property Coverage and Residence Glass Coverage.


Farmers	$2,785	4.3	4.56	4.26	3.47
Allstate	$2,942	4.2	4.52	3.88	3.69

Farmers vs. Allstate: Which Company Is Cheaper Overall?

Farmers is the cheaper insurer for MoneyGeek's standard homeowner profile, averaging $2,785 per year compared to Allstate's $2,942. That $157 annual gap doesn't tell the full story: when MoneyGeek compared rates across all profile combinations, Allstate was cheaper in 1,314 out of 2,700 scenarios. Allstate's pricing advantage applies to higher-risk and higher-coverage profiles. Homeowners with poor credit pay an average of $8,458 per year with Allstate versus $10,719 with Farmers, a $2,261 difference. Allstate also undercuts Farmers at the $500,000 dwelling tier ($5,593 vs. $5,982 per year), the $750,000 tier ($7,902 vs. $8,569) and the $1 million tier ($10,306 vs. $11,044). Farmers wins for homeowners with excellent credit ($3,043 vs. Allstate's $3,770), older homes ($6,816 vs. $7,161) and at the entry-level $100,000 dwelling tier ($1,715 vs. $1,955). The cheaper insurer depends on your credit score, coverage level and home profile.

Data filtered by:


$2,942	$2,785

How Much Does Each Company Cost by State?

State-level pricing shows where Allstate's and Farmers' underwriting models diverge most sharply. Farmers writes policies in all 50 states and Washington, D.C., while Allstate has no data in 10 states, including Florida, Texas and North Carolina. Where both insurers compete, the spread ranges from under $100 in Louisiana (Allstate at $4,556, Farmers at $4,503) to over $2,200 in Rhode Island (Allstate at $3,472, Farmers at $1,184). Allstate's pricing advantage clusters in the Southeast and Midwest, including Georgia, Illinois and North Dakota. Farmers wins the majority of states, with its largest cost advantages in Maryland ($2,118 cheaper), Michigan ($1,591 cheaper) and New York ($1,236 cheaper).


Alabama	$3,274	$5,138
Arizona	$2,023	$2,520
Arkansas	$3,717	$4,595
California	$1,142	$1,496
Colorado	$6,738	$2,796
Connecticut	$1,575	$2,559
Georgia	$2,761	$2,112
Idaho	$1,600	$2,120
Illinois	$1,564	$1,064
Indiana	$2,205	$3,433
Iowa	$1,850	$3,012
Kansas	$2,974	$3,549
Maine	$1,337	$1,768
Maryland	$1,916	$3,671
Massachusetts	$1,256	$2,674
Michigan	$2,063	$3,523
Minnesota	$2,316	$3,403
Montana	$4,155	$3,332
Nebraska	$3,733	$4,399
Nevada	$1,197	$1,085
New Hampshire	$1,287	$1,175
New Jersey	$1,325	No Data
New York	$1,414	$2,217
North Carolina	$5,840	No Data
North Dakota	$3,760	$1,882
Ohio	$1,263	$1,467
Oklahoma	$8,933	$3,508
Oregon	$1,131	$1,124
Pennsylvania	$1,885	$1,263
Rhode Island	$2,066	$3,472
South Dakota	$2,511	$2,743
Texas	$5,790	No Data
Utah	$826	$1,653
Virginia	$1,953	$2,273

Note: In states where MoneyGeek could not get Farmers or Allstate quotes, "No Data" will be shown.

Which Company Has More Discounts?

Farmers offers 12 discount programs compared to Allstate's eight. Farmers includes unique options like Green Certifications (for ENERGY STAR or LEED homes), Rent to Own (for renters switching to a home policy) and Connected Home (for smart monitoring systems) that Allstate does not match. Allstate's discount menu is more compact but includes its own exclusive programs: Early Signing Discount and Windstorm Mitigation Discount, making it a better fit for homeowners focused on payment timing and storm-readiness savings.


Multi-Policy (Bundle)	Save when you bundle home and auto policies with the same insurer.	✅	✅
Claim-Free	Rewards policyholders who haven't filed a recent home insurance claim.	✅	✅
Protective Devices	Savings for homes with fire alarms, security systems, sprinklers or approved roofing materials.	✅	✅
Preferred/Automatic Payment	Offers savings for paying in full, in installments or through automatic monthly payments.	✅	✅
Good Payer / Responsible Payer	Rewards customers who consistently pay premiums on time or in full.	✅	✅
Home Buyer / New Home	Discount for recently purchased homes or newly constructed properties.	✅	✅
Early Signing	Earn a lower rate when you sign up at least seven days before your current policy expires.	✅	❌
Windstorm Mitigation	Available to homeowners whose homes have verified wind-resistant features that reduce storm damage risk.	✅	❌
Affinity / Group	Savings for members of qualifying professions, degree holders or armed forces personnel.	❌	✅
ePolicy (Paperless)	Discount for enrolling in electronic policy delivery.	❌	✅
Farmers GroupSelect	Exclusive savings for employees or members of participating companies or associations.	❌	✅
Rent to Own	Applies to renters who switch to a home policy after holding a Farmers renters policy for at least one year.	❌	✅
Connected Home	Discount for smart homes with systems that allow remote monitoring or control.	❌	✅
Home Safety	Available for homes with leak detection devices, gas shutoff systems or fortified structures.	❌	✅
Green Certifications	Rewards homeowners with ENERGY STAR, LEED or EPA-certified homes.	❌	✅

Note: List of discounts is based on what's available on the provider's website at the time of writing. Actual availability of discounts varies by state. Speak with your agent to see what discounts you qualify for.

Farmers vs. Allstate: Which Company Has Better Customer Service?

Farmers outscores Allstate on customer experience, earning a 4.25 compared to Allstate's 3.87 in MoneyGeek's model. That gap reflects Farmers' stronger performance across J.D. Power satisfaction surveys and claims service quality measures, pointing to a more consistent experience for homeowners filing claims after weather events or other covered losses.

Allstate operates one of the largest agent networks in the country, which matters for homeowners who prefer face-to-face support for policy changes and renewals. The trade-off is clear: Farmers wins on aggregate satisfaction data, while Allstate's local agent model offers in-person access that some homeowners value more than survey scores.

Allstate vs. Farmers: Which Company Has More Optional Coverages?

Allstate offers nine optional endorsements compared to Farmers' five. The gap is driven by niche add-ons like Sports Equipment, Green Improvement Reimbursement, Yard and Garden, Electronic Data Recovery and Musical Instruments that Farmers does not carry among best homeowners insurance companies. Farmers' smaller list includes two exclusives Allstate does not offer: Matching of Undamaged Property Coverage (which pays to replace undamaged finishes so repairs blend with your existing home) and Residence Glass Coverage (which eliminates your deductible on accidental glass breakage).


Scheduled Personal Property	Provides higher limits and broader financial protection for valuable items such as jewelry, antiques or collectibles at full replacement cost.	✅	✅
Water Backup and Sump Overflow	Covers water damage caused by a backed-up drain, sewer or sump pump overflow. Flooding from surface water is excluded.	✅	✅
Identity Theft Restoration / Fraud Expense	Reimburses legal fees, lost wages and credit monitoring costs if your identity is stolen or compromised.	✅	✅
Business Property	Extends coverage for business equipment and inventory kept in your home beyond standard limits.	✅	❌
Sports Equipment	Covers expensive athletic gear including golf clubs, skis and similar items.	✅	❌
Green Improvement Reimbursement	Reimburses the extra cost of replacing damaged items with energy-efficient alternatives after a covered loss.	✅	❌
Yard and Garden	Covers landscaping, trees and riding lawn mowers on your property.	✅	❌
Electronic Data Recovery	Restores lost computer data including photos, videos and important documents.	✅	❌
Musical Instruments	Covers guitars, violins and other musical instruments at their actual value.	✅	❌
Matching of Undamaged Property	Replaces undamaged parts of your home so new repairs match existing finishes like siding, flooring or countertops.	❌	✅
Residence Glass Coverage	Eliminates your deductible when glass breaks accidentally and covers cracked windows and shattered patio doors.	❌	✅

Note: List of coverages is based on what's available on the provider's website at the time of writing. Actual availability of coverages varies by state. Speak with your agent to see what coverage is offered in your state.

COMPARE FARMERS HOME INSURANCE WITH OTHER COMPANIES

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Farmers vs. Progressive

Farmers vs. Allstate Homeowners Insurance: Bottom Line

Farmers is the stronger pick for most homeowners, earning a 4.30 out of 5 and costing $157 less per year than Allstate for the same coverage profile. Its 12 discount programs and higher customer satisfaction score give it an edge on both price and service. Allstate is the better choice for homeowners who want niche endorsements like Sports Equipment, Green Improvement Reimbursement and Electronic Data Recovery that Farmers does not carry. Comparing quotes from both insurers for your home profile and location is the most reliable way to find cheap homeowners insurance without sacrificing the add-ons you need.

Farmers and Allstate Home Insurance: Frequently Asked Questions

Here's what homeowners commonly ask when choosing between Farmers and Allstate home insurance.

Which is cheaper, Farmers or Allstate?

Farmers averages $2,785 per year compared to Allstate's $2,942 for a standard profile with $250,000 in dwelling coverage. Across all profiles in our analysis, Allstate was cheaper in nearly half the scenarios, especially for homeowners with poor credit or dwelling coverage above $500,000.

Which company offers more home insurance discounts?

Farmers offers 12 discount programs, including Green Certifications and Connected Home, while Allstate offers eight. Farmers gives homeowners more ways to stack savings, though neither insurer's discount list is a weakness.

Is Farmers or Allstate better overall for homeowners insurance?

Farmers edges Allstate with a 4.30 composite score versus 4.20, winning on both affordability and customer experience. Allstate's advantage is coverage breadth, with nine optional endorsements compared to Farmers' five. Your best option depends on whether price and service or endorsement variety matters more for your home.

Does Allstate or Farmers cover water backup from sewer lines?

Both insurers offer water backup coverage as an optional endorsement, not as part of the standard policy. Allstate calls it Water Backup, and Farmers calls it Water Backup and Sump Overflow Coverage. You'll need to add it to your base policy with either company.

Can I bundle home and auto insurance with both Allstate and Farmers?

Yes. Allstate's Multi-Policy Bundle Discount saves up to 25% when you combine home and auto. Farmers' Bundling discount saves 10% or more when you pair homeowners insurance with auto, life or umbrella coverage.

MoneyGeek evaluated both Allstate and Farmers homeowners insurance policies using a consistent national profile to compare affordability, customer satisfaction and coverage options. Our analysis was based on a 40-year-old homeowner with a 2,500-square-foot single-family home, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage, good credit and no home insurance claims in the past five years. We applied a weighted scoring system: affordability (55%), customer experience (35%) and coverage (10%). For a full explanation of our process, see our homeowners insurance methodology.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has analyzed the insurance market for almost a decade, first with LendingTree and now with MoneyGeek, conducting original research on hundreds of insurance companies and millions of insurance rates for insurance shoppers.

He writes about economics and insurance on MoneyGeek, breaking down complex topics so people can have confidence in their purchase. Like all MoneyGeek analysts, Mark collects and analyzes independent cost and consumer experience data on insurance companies to provide objective recommendations in our content that are independent of any of MoneyGeek's insurance company partnerships.

His insights on products ranging from car, home and renters insurance to health and life insurance have been featured in The Washington Post, The New York Times and NPR, among others.

Mark holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He started his career working in financial risk management at State Street before transitioning to the analysis of the personal insurance market. He's also a five-time Jeopardy champion!

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