Farm Family Insurance Reviews

Last Updated: March 21, 2023

TLTR: This review article will help you choose the carrier by analyzing and comparing different factors that might affect your decision-making process in selecting a policy.

Is Farm Family Insurance a Good Choice? Our Thoughts

Farm Family Insurance Company, which is now a part of American National, has a strong reputation in the insurance industry and offers a variety of products for both personal and commercial insurance needs. The company has a long history dating back to 1954 and has earned an “A” rating from AM Best, indicating a strong financial position and creditworthiness.

This rating assures customers that Farm Family Insurance Company is a reliable and trustworthy insurance provider. Overall, Farm Family Insurance Company is a solid choice for customers seeking a stable and experienced insurance provider that offers a variety of personal and commercial insurance policies. However, as with any insurance provider, customers should research the company’s policies, coverage options, and rates to determine if they are the best fit for their specific insurance needs and budget.

About Carrier

Farm Family Insurance Company is an established insurance provider that offers a variety of insurance products to customers in the US. The company was founded in 1954 and has since grown to offer insurance policies for both personal and commercial lines.

Farm Family Insurance Company is a part of American National, a financially stable insurance company that has been in business since 1905. This affiliation with American National provides customers with the benefits of a larger company, including financial stability and a wide range of products, while still retaining the personalized approach and customer service of a smaller insurance provider.

The company offers a range of personal insurance products, including homeowners, renters, auto, RV, boat, and equine insurance. In addition, they offer term life and disability insurance to protect individuals and families from financial hardship in the event of an unexpected death or illness. For commercial customers, Farm Family Insurance Company offers general liability, property, and commercial auto insurance, among other policies.

Farm Family Insurance Company has earned an “A” rating from AM Best, indicating a strong financial position and creditworthiness. This rating assures customers that Farm Family Insurance Company is a reliable and trustworthy insurance provider.

Pros and Cons: Farm Family Insurance

• Extensive experience in the insurance industry, with a history dating back to 1954
• Offers a variety of insurance products for both personal and commercial needs
• Part of American National, a stable insurance company with a positive future outlook
• Earned an "A" rating from AM Best, indicating a strong financial position and creditworthiness
• Has a dedicated team of between 501-1,000 employees to serve customers

• Limited information available about the company's specific policies, coverage options, and rates
• The company's coverage may not be available in all states or regions
• The company's coverage may not be available in all states or regions
• Some customers may prefer to work with a smaller, more local insurance company for more personalized service.

Farm Family Insurance Products

In 2001, Farm Family Holdings, Inc. merged with American National, and now recognizes itself as a unified brand with the latter carrier. The insurance company’s LinkedIn social media network states that they have between 501-1,000 total employees.

Farm Family does not make information about its specific discounts readily available. However, an independent insurance agent can help find these details for you. Independent insurance agents work hard to find you the most affordable coverage that still gets the job done right.

Farm Family Insurance Company offers a range of insurance products for both personal and commercial lines. Some of the products offered by the company include:

Homeowners Insurance: This coverage protects homes and personal property against damage or loss due to perils such as fire, theft, and natural disasters.

Renters Insurance: This coverage protects tenants’ personal property against damage or loss due to covered perils and may also provide liability coverage.

Auto Insurance: This coverage provides liability, collision, and comprehensive coverage for vehicles.

RV Insurance: This coverage protects recreational vehicles such as motorhomes, travel trailers, and fifth wheels against damage or loss.

Boat Insurance: This coverage provides liability and physical damage coverage for boats, yachts, and personal watercraft.

Equine Insurance: This coverage provides protection for horses and horse-related activities, including horse mortality insurance, liability insurance, and more.

Term Life Insurance: This coverage provides death benefits to beneficiaries for a specific period.

Disability Insurance: This coverage provides income replacement for individuals who are unable to work due to illness or injury.

Business Insurance: This coverage provides liability and property coverage for businesses, including commercial auto, property, and general liability insurance.

The exact products offered by Farm Family Insurance Company may vary depending on the customer’s location and other factors. It is recommended that customers research the company’s products and coverage options to determine which policies best suit their needs.

Third Party Reviews

According to Consumer Affairs, Farm Family Insurance Company has an overall rating of 3.7 out of 5 stars based on 23 customer reviews. Some customers praise the company’s affordable rates and personalized customer service, while others report issues with claims processing and communication.

The Better Business Bureau (BBB) gives Farm Family Insurance Company an A+ rating, indicating a high level of customer satisfaction. However, there are some customer complaints on the BBB website regarding claims processing and policy cancellations.

WalletHub ranks Farm Family Insurance Company as the 17th best home insurance company in the US based on factors such as coverage options, customer service, and financial stability. However, they rank the company lower for its claims processing and affordability.

The National Association of Insurance Commissioners (NAIC) reports that Farm Family Insurance Company received fewer than the national median number of customer complaints in 2020. This suggests that the company has a relatively low number of dissatisfied customers compared to other insurance providers.

It’s important to note that every customer’s experience with an insurance company may vary, and it’s always a good idea to research multiple sources before making a decision.

Conclusion

With decades of experience in the insurance industry and a strong financial position, Farm Family Insurance Company has earned a positive reputation for its reliable and trustworthy services. While some customers have raised concerns about the company’s rates and claims processing, overall, Farm Family Insurance Company’s reputation and ratings suggest that it is a solid choice for those seeking a stable and experienced insurance provider. As with any insurance company, it is important for customers to thoroughly research and compare coverage options to determine if Farm Family Insurance Company is the best fit for their needs.