Farmers Renters Insurance Review

#2 in Renters Insurance

 

Farmers Insurance provides a complete range of coverage and insurance options for renters. The company offers high coverage limits for personal property and valuables. Farmers Insurance covers a wide range of insurance items in its renter’s insurance programs. However, coverage and discounts may vary according to state. 

 

Company Profile 

BBB Ratings 

 B+

States Served 

 50

Age of Company 

 87

AM Best Ratings 

 A

 

Types of Structure Covered 

Renter’s insurance is available for a wide range of rental structures. This is offered for single-homes to multi-family dwellings. However, coverage and protection may vary according to the type of rental property insured.

               

Apartment 

 Yes

Condominium 

 Yes

Townhouse 

 Yes

Single-family House 

 Yes

 

Plan Details 

Clients can easily obtain information regarding their monthly withdrawals and claims with Farmers insurance online portal. However, Farmers Insurance has a 72-hour policy delivery time which is slower compared to other insurers.

 

Policy Delivery Time 

 72 Hours

Automatic Monthly Withdrawal 

 Yes

Claims automatic deposit 

 Yes

Paper Policy Statement 

 Yes

Mobile Access 

 Yes

Sample Policy 

 None

 

Coverage & Protection  

There are a number of property and liability items in our list that Farmers Insurance failed to provide. This include business personal property, freezing or plumbing system, firearms, impact by a vehicle, and windstorm or hail. However, Farmers Insurance makes up for this by offering optional covered items.

 

Personal Injury 

 Yes

Property Damage 

 Yes

Theft 

 Yes

Fire or Lightning 

 Yes

Vandalism 

 Yes

Windstorm or Hail 

 No

Accidents in your home 

 Yes

Injury caused by pets 

 Yes

Impact by a Vehicle 

 No

Freezing or plumbing system 

 No

Business Personal Property 

 No

Computers 

 Yes

Firearms 

 No

Jewelry 

 Yes

Silverware & Goldware 

 Yes

 

Discounts

Discounts offers may vary according to state. The company provides basic discounts items such as fire alarm, sprinklers, multi-policy, and burglar alarm. Additional discount items include home and umbrella, home and auto, home security, fire protection and age of customer discounts.

Claim-free History 

 Yes

Multi-Policy Discount 

 Yes

Fire alarm discount 

 Yes

Sprinklers Discount 

 Yes

Burglar Alarm Discount 

 Yes

Other discounts 

 Home and Umbrella Discount, Home and Auto Discount, Home Security and Fire Protection Discount, Age of Customer Discount

 

Help, Support & Usability 

 

Farmers Insurance gives customers a convenient process for making claims or obtaining an online quote. Live chat support is available along with a 24-hour telephone claim service. However, it lacks coverage calculators for helping customers get a quick estimate of how much renters insurance would cost them.

 

Coverage Calculator 

 No

Online Quotes 

 Yes

Online Claims 

 Yes

24-hour Telephone claims 

 Yes

Telephone Support 

 Yes

Email 

 Yes

Live chat 

 Yes

FAQs 

 Yes

 

Renters Insurance at Farmers

Farmers insurance is ideal for college and new renters with its low-cost renter insurance programs. It offers a range of discount options but availability might vary according to state where the property is located. In general, Farmers insurance offers a reliable renters insurance program that gives you ample coverage for liability and property damage.

Start your review for Farmers Renters Insurance