Farm Bureau Insurance
Company Type: Public (NYSE: FFG)
CEO: James P. Brannen
Headquarters: Des Moines, IW
A.M. Best Financial Stability Rating: A
About Farm Bureau
Farm Bureau Financial Services is a regional insurance and financial services company, started in 1939. Originally named Iowa Farm Mutual Insurance Company, Farm Bureau Insurance was created to meet the unique liability needs of area farmers. Today, Farm Bureau Insurance serves a variety of customers in eight states. The states which offer property and casualty insurance products include the following: Arizona, Iowa, Kansas, Minnesota, Nebraska, New Mexico, South Dakota and Utah. Life insurance products are offered in additional states.
There are several companies that make up the Farm Bureau Financial Services brand and they include Farm Bureau Mutual Holding Company, Farm Bureau Property and Casualty Insurance Company, Western Agricultural Insurance Company and Farm Bureau Life Insurance Company. Farm Bureau Property and Casualty Insurance were formerly known as Farm Bureau Mutual Insurance Company; however the company reorganized and renamed in 2010.
Farm Bureau Insurance offers several types of insurance products to meet the needs of their customers. Customers can purchased Farm Bureau home insurance, auto insurance, life insurance, and farm/ranch insurance. Farm Bureau Insurance also writes policies for health and business insurance.
With Farm Bureau auto insurance, policyholders can receive protection for one of their greatest investments – their car(s). However, customers can also purchase protection for other types of vehicles like motorcycles, recreational vehicles and even farm vehicles. For additional coverage, you can opt to add 24/7 roadside assistance to your auto policy.
Farm Bureau home insurance is another option for customers looking to protect their investments. With Farm Bureau, customers can purchase standard home insurance, condo insurance, renters insurance and even mobile home insurance. For additional coverage, policyholders can opt to add Identity Theft Protection to their policies.
Farm Bureau Insurance currently offers three fast, convenient ways for customers to report a property and auto claims. The company’s online claim service makes it possible to report claims without even picking up the phone, although reporting through an agent or the 24-hour claims center are always options as well. For life insurance claims, Farm Bureau Insurance accepts claims through a verified agent or the claims center.
Farm Bureau Discounts
To help customers save money, Farm Bureau offers a variety of discounts to their policyholders. Those with Farm Bureau auto insurance policies, may be able to receive discounts for things like insurance multiple vehicles, having a good student on their policy, having a history free of claims and more. Those looking for both home and auto insurance can bundle their policies with Farm Bureau Insurance and receive a bundle discount. Keep in mind, discount availability may vary. A Farm Bureau Insurance quote is the most accurate way to see how much you can save.