Farmers earned a 4.3 overall MoneyGeek score, ranking eighth among the 14 national insurers we analyzed across all 50 states. The gap between its strongest and weakest categories tells a more useful story than the headline number alone. We found that its 4.6 affordability score (ninth nationally) and 4.3 customer experience score (fifth nationally) reflect an insurer that prices well and treats policyholders well after the sale. Coverage is where our analysis found Farmers falling short: a 3.5 score and 10th-place national rank means homeowners who need broader protection or specialized endorsements may find the savings don't compensate for a thinner base policy.
Farmers Home Insurance Review (2026)
Updated: May 1, 2026
Advertising & Editorial Disclosure
Company Highlights
- Farmers earns a 4.3 overall MoneyGeek score from our team and ranks eighth nationally, with affordability (4.5) and customer experience (4.3) carrying its strongest marks.
- We found that homeowners with excellent or fair credit get the most value from Farmers, with premiums as low as $49 per month for seniors who own newer homes.
- Poor credit is the single biggest pricing penalty in Farmers' underwriting, pushing average premiums to $1,242 per month for high-value coverage profiles compared to $397 among its best-ranked profiles.
- Farmers home insurance is available in 40 states.
Farmers Home Insurance Ratings
| Overall | 4.3 | 8 |
| Affordability | 4.56 | 9 |
| Customer Experience | 4.25 | 5 |
| Coverage | 3.47 | 10 |
Who Is Farmers Home Insurance Best and Worst For?
Farmers works best for homeowners with excellent or fair credit who own newer homes. Seniors in this group earned Farmers' top rank of seventh nationally, with premiums as low as $49 per month. When we analyzed millions of quotes, homeowners with poor credit and high-value coverage needs consistently found better rates elsewhere: Farmers' pricing for that profile averages $1,242 per month, so comparing quotes from other insurers is worth the effort if your credit is still improving.
Data filtered by:
$250K Dwelling / $125K Personal Property / $200K Liability
Middle Aged (41-60)
Good
Middle Age
| $232 | 4.3 | 8 |
Farmers Home Insurance Ratings by State
Farmers' overall scores are strongest in Kansas, Virginia and Alabama, where we ranked it fourth nationally in all three states due to its affordability and positive customer service. Colorado is the weak spot at 3.8 and a seventh-place rank, with North Dakota also ranking seventh. We found that 14 of the 34 states we analyzed land in the top-four tier overall, so more than 40% of its footprint offers strong coverage and competitive pricing.
| Alabama | 4.53 | 4 |
| Arizona | 4.4 | 5 |
| Arkansas | 4.41 | 4 |
| California | 4.46 | 4 |
| Colorado | 3.83 | 7 |
| Connecticut | 4.49 | 5 |
| Georgia | 3.98 | 6 |
| Idaho | 4.26 | 5 |
| Illinois | 4.44 | 5 |
| Indiana | 4.41 | 5 |
| Iowa | 4.4 | 4 |
| Kansas | 4.55 | 4 |
| Maine | 4.4 | 4 |
| Maryland | 4.51 | 4 |
| Massachusetts | 4.54 | 5 |
| Michigan | 4.08 | 5 |
| Minnesota | 4.39 | 5 |
| Montana | 4.44 | 4 |
| Nebraska | 4.47 | 4 |
| Nevada | 4.05 | 6 |
| New Hampshire | 3.91 | 6 |
| New Jersey | 4.44 | 5 |
| New York | 4.49 | 4 |
| North Carolina | 4.12 | 6 |
| North Dakota | 4.03 | 7 |
| Ohio | 4.48 | 5 |
| Oklahoma | 4.26 | 5 |
| Oregon | 4.1 | 5 |
| Pennsylvania | 4.4 | 5 |
| Rhode Island | 4.18 | 5 |
| South Dakota | 4.45 | 4 |
| Texas | 4.35 | 4 |
| Utah | 4.45 | 4 |
| Virginia | 4.53 | 4 |
Farmers Home Insurance vs. Competitors
We scored Farmers against other leading national insurers to give you a clear picture of where it leads and where it falls short. See the comparisons below to decide whether Farmers is the right fit.
Farmers vs. USAA | 4.3 vs. 4.8 | USAA outperforms Farmers in every category and costs $46 less per month. USAA is limited to military-affiliated households, so Farmers is the stronger pick for homeowners without a military connection. |
Farmers vs. Amica | 4.3 vs. 4.7 | Amica averages $119 per month, $113 less than Farmers. Amica's edge is widest in affordability (4.9 vs. 4.6), though both insurers have similar coverage scores in our analysis. |
Farmers vs. AAA | 4.3 vs. 4.6 | AAA costs $104 less per month, but Farmers beats AAA in customer experience (4.3 vs. 3.8). Homeowners who value post-sale service may prefer Farmers despite the price gap. |
Farmers vs. State Farm | 4.3 vs. 4.5 | State Farm leads Farmers in all four categories and costs $53 less per month. The gap is narrowest in customer experience, so the two offer a similar service experience. |
Farmers vs. Chubb | 4.3 vs. 4.3 | Farmers costs $120 less per month and scores higher on affordability (4.56 vs. 4.19). Chubb wins on coverage (4.4 vs. 3.5), making it a better fit for high-value homes. |
Farmers vs. Allstate | 4.3 vs. 4.2 | Farmers edges Allstate in overall score, affordability and customer experience, and costs $13 less per month. Allstate's only advantage is a slightly higher coverage score (3.7 vs. 3.5). |
Farmers vs. Progressive | 4.3 vs. 3.8 | Farmers beats Progressive across the board and costs $227 less per month. The coverage gap is the widest category difference in our dataset (3.5 vs. 2.3). |
Farmers vs. Travelers | 4.3 vs. 3.7 | Farmers outscores Travelers in every category and costs $221 less per month. Travelers' coverage score of 1.7 is the lowest among all competitors we analyzed. |
How Much Does Farmers Home Insurance Cost?
Farmers' premiums run below the national average at every coverage level we analyzed, with the strongest savings at lower coverage tiers. After analyzing thousands of Farmers quotes across different homeowner profiles, we found that homeowners insuring a $250K dwelling pay $232 per month on average, 15% below the national average and the best value in our dataset. That gap narrows at higher coverage levels: homeowners with $1 million in dwelling coverage pay $802 per month, just 1% below the national average. The table below shows average monthly and annual premiums for Farmers home insurance across five coverage profiles we compared.
| $100K Dwelling / $50K Personal Property / $100K Liability | $127 | $1,528 | -13% |
| $250K Dwelling / $125K Personal Property / $200K Liability | $232 | $2,785 | -15% |
| $500K Dwelling / $250K Personal Property / $300K Liability | $439 | $5,262 | -4% |
| $750K Dwelling / $375K Personal Property / $500K Liability | $625 | $7,495 | -2% |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $802 | $9,623 | -1% |
Farmers Home Insurance Rates by State
Farmers' pricing varies widely by state, but we found it competitive in the majority of markets we evaluated. Of the 34 states in our dataset, 27 have Farmers rates below the state average. Homeowners can find the strongest savings in Utah, Illinois and Nebraska, where premiums run 43%, 50% and 41% below state averages respectively. Utah homeowners pay just $69 per month on average, the lowest Farmers premium in our dataset.
Colorado, North Dakota and North Carolina are the clearest outliers in the other direction: Farmers runs 65%, 67% and 56% above state averages in those states, with Colorado homeowners paying $562 per month and North Dakota homeowners paying $313. Oklahoma carries the highest raw premium at $744 per month, though its costs are only 16% above the state average. Homeowners in Colorado, North Dakota, North Carolina and Oklahoma should compare quotes from other insurers before committing to Farmers.
| Alabama | $273 | $3,274 | -33% |
| Arizona | $169 | $2,023 | -22% |
| Arkansas | $310 | $3,717 | -26% |
| California | $95 | $1,142 | -26% |
| Colorado | $562 | $6,738 | 65% |
| Connecticut | $131 | $1,575 | -30% |
| Georgia | $230 | $2,761 | 22% |
| Idaho | $133 | $1,600 | -4% |
| Illinois | $130 | $1,564 | -50% |
| Indiana | $184 | $2,205 | -30% |
| Iowa | $154 | $1,850 | -22% |
| Kansas | $248 | $2,974 | -20% |
| Maine | $111 | $1,337 | -6% |
| Maryland | $160 | $1,916 | -27% |
| Massachusetts | $105 | $1,256 | -35% |
| Michigan | $172 | $2,063 | -6% |
| Minnesota | $193 | $2,316 | -7% |
| Montana | $346 | $4,155 | -14% |
| Nebraska | $311 | $3,733 | -41% |
| Nevada | $100 | $1,197 | -5% |
| New Hampshire | $107 | $1,287 | 12% |
| New Jersey | $110 | $1,325 | -25% |
| New York | $118 | $1,414 | -9% |
| North Carolina | $487 | $5,840 | 56% |
| North Dakota | $313 | $3,760 | 67% |
| Ohio | $105 | $1,263 | -39% |
| Oklahoma | $744 | $8,933 | 16% |
| Oregon | $94 | $1,131 | 1% |
| Pennsylvania | $157 | $1,885 | -14% |
| Rhode Island | $172 | $2,066 | -1% |
| South Dakota | $209 | $2,511 | -31% |
| Texas | $482 | $5,790 | -14% |
| Utah | $69 | $826 | -43% |
| Virginia | $163 | $1,953 | -27% |
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. |
Optional Home Insurance Coverages From Farmers
We found that Farmers offers five endorsements that extend beyond a standard policy's base protection. Coverage availability varies by state, so not every homeowner will have access to all five options. A Farmers agent can confirm which endorsements are available in your area and whether they make sense for your home and risk profile.
Water Backup and Sump Overflow Coverage
This covers repair costs when sewers or drains back up into your home, as well as damage from sump pump overflows.
Valuable Item Coverages
You can increase your coverage limits for high-value items like jewelry, art or collectibles beyond standard personal property coverage.
Identity Fraud Expense Coverage
This add-on covers costs to address identity theft, including lawyer fees and credit monitoring.
Matching of Undamaged Property Coverage
This coverage pays to replaces undamaged parts of your home so new repairs match existing finishes.
Residence Glass Coverage
This eliminates your deductible when glass breaks accidentally and covers your cracked windows and shattered patio doors.
Is Farmers Home Insurance Worth It?: Bottom Line
Farmers is a strong pick for homeowners with good or excellent credit who own newer homes in most of the 27 states where we found its rates below the state average. Seniors and mid-tier coverage buyers get the most value, particularly at the $250K dwelling level where Farmers runs 15% below the national average. Homeowners with poor credit, high-value properties or addresses in Colorado, North Dakota or North Carolina will likely find better rates elsewhere. Compare quotes from at least three insurers before deciding.
Farmers Home Insurance: FAQ
We answer common questions homeowners ask about Farmers policies and what to expect when getting coverage.
How much does Farmers homeowners insurance cost?
Farmers homeowners insurance averages $232 per month for a $250K dwelling policy, 15% below the national average based on our analysis of thousands of quotes. Rates range from $69 per month in Utah to $744 per month in Oklahoma, so your state and coverage level have the biggest impact on what you'll pay.
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.
We evaluated 14 national home insurance companies to score and rank Farmers against its closest competitors. Our analysis draws on thousands of quotes collected across all 34 states where we have Farmers data, giving us a detailed picture of how its pricing, customer experience and coverage options hold up against the broader market. We weighted each factor to reflect what matters most to homeowners actively shopping for coverage.
To keep comparisons consistent, we based our rate analysis on a standardized 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 five or more years
We built each company's score from three factors:
- Affordability (55% of score): We compared thousands of Farmers quotes against the national average and 13 competing insurers to score Farmers' pricing competitiveness at each coverage level and across all states in our dataset.
- Customer experience (35% of score): We reviewed policyholder feedback from online forums and cross-referenced industry ratings from J.D. Power for customer satisfaction and AM Best for financial strength.
- Coverage (10% of score): We assessed the range and quality of Farmers' optional coverages and endorsements against the industry average to score how well its policy options serve homeowners with varied protection needs.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he has produced original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He writes about economics and insurance on MoneyGeek so people can make coverage decisions with confidence. His insurance insights have been featured in The Washington Post, The New York Times and NPR, among other media outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data, and no insurance company partnership influences his recommendations.
Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). He began his career in financial risk management at State Street. He's also a five-time Jeopardy champion!
Sources
- Farmers. "Home Insurance Coverages." Accessed December 29, 2025.
- Farmers. "Homeowners Insurance Discounts." Accessed December 29, 2025.