Farmers ranks seventh nationally out of 14 providers in MoneyGeek's analysis of the best homeowners insurance companies.
Farmers Home Insurance Review
Updated: January 9, 2026
Advertising & Editorial Disclosure
Farmers
MoneyGeek Rating
4.4/ 5
4.8/5Affordability
4.3/5Customer Experience
3.5/5Coverage Points
Average Annual Premium
$2,251Number of Endorsements
5Number of Discounts
13
Key Takeaways
Farmers ranks fifth nationally for customer experience with a 4.26 out of 5 score.
With a seventh-place affordability ranking, Farmers has an average annual premium of $2,251 for $250,000 in dwelling coverage.
Farmers ranks tenth overall for coverage options, with unique choices, including guaranteed replacement and diminishing deductibles.
Farmers Home Insurance Ratings: MoneyGeek’s Review
| Overall | 4.42 | 7 |
| Affordability | 4.77 | 7 |
| Customer Experience | 4.26 | 5 |
| Coverage | 3.47 | 10 |
*Scores are based on a 2,500-square-foot home, $250,000 dwelling coverage and a $1,000 deductible.
How Much Does Farmers’s Homeowners Insurance Cost?
A policy with $250,000 in dwelling coverage from Farmers costs an average of $2,251 per year. Rates increase with higher coverage limits, reaching about $8,401 annually for $1 million in dwelling coverage.
Location, home age and deductible choice all affect your premium, so review the table below to compare average homeowners insurance costs with Farmers. If you're looking for cheap homeowners insurance, adjust the deductible filter to find options that fit your budget.
Data filtered by:
$1,000
| $100K Dwelling / $50K Personal Property / $100K Liability | $105 | $1,254 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $188 | $2,251 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $375 | $4,502 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $542 | $6,499 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $700 | $8,401 |
Farmers Homeowners Insurance Cost by State
Home insurance rates vary by location. Georgia: $2,761 vs. Utah: $825 (for $250,000 in dwelling coverage and a $1,000 deductible).
Explore the map below to see where Farmers offers homeowners insurance for a policy with $250,000 in dwelling coverage and a $1,000 deductible.
Hover over the map to see data for a state
Note: Data above is for states where MoneyGeek collected data. It doesn't reflect the company's availability in the state.
Farmers Homeowners Insurance Discounts
Farmers offers 13 homeowners insurance discounts, though availability differs depending on your state. The bundling discount lets you save when you combine your home policy with another Farmers product.
Affinity | Available to members of qualifying professions, degree holders or armed forces personnel, including active duty, reserves, retired and honorably discharged members. |
Preferred payment | Offers savings when you pay your premium in full, in two installments or through automatic monthly payments. |
Bundling | Save 10% or more when you combine home insurance with another Farmers policy, such as auto, life or umbrella coverage. |
Claim free | Rewards policyholders who have gone three consecutive years without filing a claim. |
ePolicy | Provides a discount for going paperless and enrolling in electronic policy delivery. |
Good payer | Given to customers who consistently pay their premiums on time. |
Farmers GroupSelect | Offers exclusive savings for employees or members of participating companies or associations. |
Rent to own | Applies to renters who have held a Farmers renters policy for at least one year and switch to a home policy after purchasing a home. |
Connected home | Discount for smart homes with systems that allow remote monitoring or control. |
Home safety | Available for homes with safety features like leak detection devices, gas shutoff systems or fortified structures. |
Green certifications | Rewards homeowners with ENERGY STAR®, LEED or EPA-certified homes. |
New home | Discount may apply to homes less than 14 years old. |
Protective devices | Savings for homes equipped with fire alarms, security systems, sprinklers or UL-approved roofing materials. |
What Does Farmers Homeowners Insurance Cover?
Farmers home insurance includes the six standard coverages found in most policies, protecting your home, belongings and personal liability. See what home insurance covers with Farmers.
Dwelling Coverage
Dwelling coverage helps pay to repair or rebuild your home's structure, including walls, roof and built-in fixtures, against covered perils such as fire or wind damage.
Other Structures Coverage
Other structures coverage applies to buildings on your property that aren’t attached to your home, like garages, fences or sheds.
Personal Property Coverage
Personal property coverage protects the belongings inside your home, such as furniture, electronics and clothing. It reimburses you for the value of items lost or damaged due to covered risks like theft, fire or vandalism.
Personal Liability Coverage
Personal liability coverage helps pay for legal fees, damages or medical bills if you’re found responsible for injuring someone or damaging their property. It can also cover incidents that occur away from your home.
Medical Payments Coverage
Medical payments coverage pays for minor injuries to guests hurt on your property, regardless of who is at fault. It can cover costs like doctor visits or ambulance fees up to the policy's limit.
Loss of Use Coverage
Loss of use coverage helps cover living expenses if your home becomes uninhabitable after a covered event. It can pay for temporary housing, meals and other necessary costs while your home is being repaired.
What Does Farmers’s Home Insurance Not Cover?
Basic Farmers policies don't cover floods, earthquakes and intentional damage. You need extra coverage for these.
Natural Disasters Like Floods And Earthquakes
Damage caused by flooding, earthquakes or other ground movement isn’t covered under a standard policy. Homeowners must buy separate flood or earthquake insurance for these types of events.
Intentional Or Preventable Damage
Losses resulting from intentional acts, neglect or poor maintenance aren’t eligible for coverage. Policies only apply to sudden and accidental damage.
Business Or Rental-related Losses
A standard policy doesn’t cover business activities or rental operations in your home. Specialized coverage is needed to protect business property or income.
Optional Home Insurance Coverages from Farmers
Farmers sells five extra coverages (endorsements) that boost your policy's protection.
Your state determines what you can buy, so check with a Farmers agent about local options.
Water Backup And Sump Overflow Coverage |
|
Valuable Item Coverages |
|
Identity Fraud Expense Coverage | Covers costs to fix identity theft, including lawyer fees and credit monitoring |
Matching Of Undamaged Property Coverage | Replaces undamaged parts of your home so new repairs match existing finishes |
Residence Glass Coverage |
|
How Does Farmers Compare to Other Home Insurance Providers?
Compared to Amica and Allstate, Farmers earns a competitive overall score of 4.31 that falls just below Amica's leading 4.72 but surpasses Allstate's 4.20. The company's customer experience score of 4.26 outperforms Allstate (3.88) and trails only Amica's exceptional 4.91 rating, which means reliable claims handling at a mid-range price point, though its coverage score of 3.47 indicates fewer customization options than both competitors.
| Average Monthly Premium | $232 | $119 | $245 |
| Average Annual Premium | $2,785 | $1,425 | $2,942 |
| Overall MG Score | 4.31 | 4.72 | 4.20 |
| Affordability Score | 4.56 | 4.91 | 4.52 |
| Customer Experience Score | 4.26 | 4.91 | 3.88 |
| Coverage Score | 3.47 | 3.63 | 3.69 |
How to Buy Farmers’s Homeowners Insurance
You can buy Farmers home insurance online or through a local agent who can walk you through your options. The process is straightforward and helps you get coverage that matches your home's value and needs.
- 1Determine How Much Coverage You Need
Figure out how much coverage you need based on your home's rebuild costs, location and belongings.
- 2Get a Quote Online or Through an Agent
Visit Farmers' website or call a local agent to get a quote.
- 3Compare Policy Options
Compare different coverage amounts and optional add-ons to find what works for you.
- 4Apply for Discounts
Farmers offers discounts for bundling policies or installing safety equipment.
- 5Review and Finalize Your Policy
Review your policy's coverage limits and exclusions.
How to File a Homeowners Insurance Claim with Farmers
File a claim online with Farmers through their mobile app or by calling your agent.
- 1Report the Claim
Contact Farmers right away to start your claim. You can report it online, through the app or by calling your agent.
- 2Document the Damage
Take photos or videos of all damage before making temporary repairs.
- 3Schedule an Inspection
A Farmers adjuster will contact you to schedule an inspection. They'll examine the damage, verify coverage and explain what happens next.
- 4Review the Settlement and Repair Process
Once approved, you'll get a settlement showing repair costs and payment amounts.
Farmers Home Insurance: FAQ
Below are some common questions homeowners ask about Farmers policies and what to expect when getting coverage.
How much does Farmers homeowners insurance cost?
The average cost of a Farmers policy with $250,000 in dwelling coverage is about $2,251 per year. Actual rates depend on factors like your location, home age, deductible and coverage selections.
How can I file a home insurance claim with Farmers?
You can file a claim online, through the mobile app or by contacting your local agent. Farmers assigns an adjuster to inspect the damage, review your coverage and help you manage repairs and payments.
Does Farmers homeowners insurance cover floods or earthquakes?
No, standard Farmers policies don’t cover flood or earthquake damage. Homeowners who need this protection can buy separate policies or endorsements to fill those gaps.
Does Farmers offer optional coverages for homeowners insurance?
Yes, Farmers offers several optional add-ons such as water backup and sump overflow, identity fraud expense coverage and valuable item coverage. These endorsements provide extra protection beyond what a standard policy includes.
What discounts can homeowners get with Farmers?
Farmers offers up to 13 discounts, though availability can vary by state. Popular options include bundling multiple policies, installing protective devices, having smart home systems or going paperless through ePolicy enrollment.
How We Rated Farmers Home Insurance
To evaluate Farmers’ homeowners insurance rates, we used the following sample profile:
- Middle-aged homeowner (41 to 60)
- 2,500-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
We based our Farmers homeowners insurance rating on these factors:
- Affordability (55% of score): Using the profile above, we compared Farmers’ rates with the national average and other major insurers.
- Customer experience (35% of score): We reviewed feedback from online forums, as well as industry ratings from J.D. Power and AM Best for financial strength.
- Coverage (10% of score): This score reflects the range and quality of Farmers’ optional coverages compared with the industry average.
Home Insurance Review for Farmers: Related Articles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
sources
- Farmers. "Home Insurance Coverages." Accessed December 29, 2025.
- Farmers. "Homeowners Insurance Discounts." Accessed December 29, 2025.