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Farmers Insurance Review · Updated June 2026

Farmers Insurance Insurance Review 2026

$1,596/yr
Avg Annual Rate
A
AM Best
847
J.D. Power
4.5%
Market Share

Farmers offers robust coverage options with a strong agent network in the western US. Their Signal app rewards safe driving, and they offer one of the strongest rideshare coverage programs available. Founded in 1928 and headquartered in Los Angeles, CA, Farmers Insurance holds an AM Best financial strength rating of A and scored 847 out of 1000 on the J.D. Power 2026 U.S. Auto Insurance Study.

Farmers Insurance Pros and Cons

Pros
  • Strong rideshare coverage
  • Signal safe-driver app
  • Local agent network
  • Customizable coverage
Cons
  • Rates above average
  • Agent availability varies by state
  • Mixed claims reviews

Bottom line: Farmers Insurance is best for Rideshare drivers and western US residents.

Farmers Insurance Rates by Driver Profile

Driver ProfileEstimated Annual Ratevs. National AverageAssessment
Clean record — 35, good credit$1,596$408 below avgAverage
One speeding ticket$1,995+25% surchargeStandard
At-fault accident$2,314+45% surchargeStandard surcharge
DUI conviction$2,840+78% surchargeHigher than average surcharge
Teen driver added$2,904+82% surchargeStandard teen surcharge

Farmers Insurance Coverage Options

Farmers Insurance offers standard auto insurance coverage types including liability, collision, comprehensive, uninsured motorist, and medical payments. Gap insurance is not available directly from Farmers Insurance — you may need to purchase it from your dealer or a third party. Rideshare coverage for Uber and Lyft drivers is available from Farmers Insurance.

Is Farmers Insurance Right for You?

Farmers Insurance is an excellent choice for Rideshare drivers and western US residents. Our recommendation is to always compare Farmers Insurance's rate against at least 3 other insurers before committing. Insurance rates are highly individualized and the cheapest insurer varies by your specific driver profile, location, and vehicle. A comparison shopping session takes 10 minutes and can save you $400 to $2,000 per year.

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