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Compare Farmers vs. Liberty Mutual Renters Insurance

What’s the difference between Farmers Renters Insurance and Liberty Mutual Renters Insurance? See how our editors compare the two companies below.
Last Updated: April 05, 2024
Farmers Renters Insurance
4.4 / 5 - Excellent
#4 in Renters Insurance
Liberty Mutual
4.6 / 5 - Excellent
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Key Facts

  • Quick online quotes with various coverage options
  • Multiple discounts options available 
  • Policies as low as $10 per month
  • Connect with a Farmers agent near you
  • "A" (Excellent) financial strength ratings
  • Protect valuable items at home and on the go
  • Discount options and add-ons available
  • Round-the-clock online claims processing

OVERALL RATINGS

 FarmersLiberty Mutual
Coverage Options4.5/54.5/5
Add-Ons & Discounts4.5/54.5/5
Customer Service4.0/55.0/5
Financial Strength4.5/54.5/5

Coverage Compared

 FarmersLiberty Mutual
Basic Coverage
Personal Property
Personal Liability
Loss of Use / Additional Living Expenses
Personal Property
Personal Liability
Loss of Use / Additional Living Expenses
Optional Coverage
Identity Theft Restoration
Off-premises Event Coverage
Property Valuation Methods
Replacement Cost
Actual Cash Value
Replacement Cost
Actual Cash Value

Exclusions

Damage from natural disasters like floods and earthquakes is not covered.

Coverage Fine Print


Pricing & Discounts

 FarmersLiberty Mutual
Annual Premium
Starting at $150
Deductible Options
$100 - $5000
Property-Level Discounts
Burglary Protected
Fire Protection
Sprinkler System

Discounts Fine Print


Customer Experience

Customer Ratings

 FarmersLiberty Mutual
TrustPilot Rating
5.6 out of 5
BBB Rating
A+
B+

National Association of Insurance Commissioners

 FarmersLiberty Mutual
NAIC Complaint Ratio
0.54
13.77
NAIC Total Complaints
73
92
*The NAIC complaint ratio (in this case 0.54) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.
*The NAIC complaint ratio (in this case 13.77) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.

Financial Strength Ratings

 FarmersLiberty Mutual
Underwriter
Farmers Insurance Exchange
Liberty Mutual Holding Company, Inc.
Standard & Poor's Financial Rating
A+
A
Moody's Financial Rating
A2
A2
AM Best Financial Rating
A
A
Company Type
Underwriter
Underwriter
*The above information reflects the financial strength of the underwriter of the Farmers renters insurance policies: Farmers Insurance Exchange.
*The above information reflects the financial strength of the underwriter of the Liberty Mutual renters insurance policies: Liberty Mutual Holding Company, Inc..

Contact & Additional Information

 FarmersLiberty Mutual
Homepage URL
Company Phone
(800) 435-7764
(800) 290-7841
Headquarters Address
4680 Wilshire Blvd, Los Angeles, CA, 90010
175 Berkeley Street, Ninth Floor, Boston, MA
Year Founded
1928
1912

Final Verdict

Liberty Mutual Renters Insurance has a higher overall rating than Farmers Renters Insurance. Liberty Mutual scores better than Farmers across: Customer Service. Both companies score similarly on Coverage Options, Add-Ons & Discounts, and Financial Strength.