Farmers Insurance Review

Quick facts

Coverage types offered

What Farmers does well

• Rideshare insurance for Uber/Lyft drivers
• Classic/antique car coverage available
• Strong agent network for complex needs
• Signal app telematics available

Where Farmers falls short

• Rates consistently higher than average
• Home insurance J.D. Power scores below average
• Not available in all states

Full review

Farmers Insurance commands a significant price premium over most competitors — rates typically run 15-25% above the national average — but offers coverage options that others simply do not. Rideshare insurance for Uber and Lyft drivers is available as a specific endorsement that properly covers the gaps between your personal auto policy and the rideshare company's coverage. Classic and antique vehicle coverage is handled through their Foremost specialty lines with genuine expertise.

The agent network is Farmers' other differentiator. With thousands of agents nationwide, Farmers operates on the State Farm model of personal relationships over transactional pricing. If you have complex coverage needs — a home-based business, a classic car collection, rideshare income, or farm property — having an expert agent who knows your full situation has real value.

The honest limitation: if you do not need these specific coverage types, Farmers' premium pricing is hard to justify. Standard auto and home coverage at Farmers prices will leave money on the table compared to State Farm, Nationwide, or Progressive. Shop Farmers when you have a specific coverage need; otherwise, comparison-shop carefully.