Compare Farmers vs. Pemco Renters Insurance

What’s the difference between Farmers Renters Insurance and Pemco Renters Insurance? See how our editors compare the two companies below.
Last Updated: January 17, 2018
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Farmers Renters Insurance
9.7 / 10 - Excellent
#2 in Renters Insurance
Pemco Renters Insurance
8.8 / 10 - Excellent
#3 in Renters Insurance
vs

Key Facts

  • Quick online quotes 
  • Online payment 
  • Mobile app 
  • Multiple discounts
  • Large agent network
  • Mobile app
  • Instantly get a quote online
  • Flexible pricing
  • 24/7 assistance

OVERALL RATINGS

 FarmersPemco
Financial Strength10/109/10
Coverage9/109/10
Pricing & Discounts10/108/10
Customer Experience10/109/10

Coverage Compared

 FarmersPemco
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
Off-premises Event Coverage
Property Valuation Methods
Replacement Cost
Actual Cash Value
Replacement Cost
Actual Cash Value

Exclusions


Pricing & Discounts

 FarmersPemco
Annual Premium
Starting at $150
Deductible Options
$100 - $5000
Property-Level Discounts
Burglary Protected
Fire Protection
Sprinkler System
Burglary Protected
Fire Protection
Sprinkler System
Policy Discounts
Multi-Policy
Claim-Free

Customer Experience

Customer Ratings

 FarmersPemco
TrustPilot Rating
6.1 out of 10
BBB Rating
A+
A+
Number of BBB Positive Reviews
3
1
Number of BBB Negative Reviews
17
3

National Association of Insurance Commissioners

 FarmersPemco
NAICS Complaint Ratio 2016
0.5
0.0
NAICS Total Complaints 2016
65
0
*The NAICS complaint ratio (in this case 0.5) 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 NAICS complaint ratio (in this case 0.0) 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

 FarmersPemco
Underwriter
Farmers New World Life Insurance Company
PEMCO Mutual Insurance Co.
Standard & Poor's Financial Rating
A+
Moody's Financial Rating
A2
AM Best Financial Rating
A
B++
Company Type
Underwriter
Underwriter
*The above information reflects the financial strength of the underwriter of the Farmers renters insurance policies: Farmers New World Life Insurance Company.
*The above information reflects the financial strength of the underwriter of the Pemco renters insurance policies: PEMCO Mutual Insurance Co..

Contact & Additional Information

 FarmersPemco
Homepage URL
Company Phone
(800) 435-7764
(800) 467-3626
Headquarters Address
4680 Wilshire Blvd, Los Angeles, CA, 90010
1300 Dexter Ave North, Seattle, WA, 98109
Year Founded
1928
1949

Final Verdict

Farmers Renters Insurance has a higher overall rating than Pemco Renters Insurance. Farmers scores better than Pemco across: Financial Strength, Pricing & Discounts, and Customer Experience. Both companies score similarly on Coverage.


Customer Comments & Reviews

Angelica H
Van Nuys, California
6/6/2017
Pemco Renters Insurance review
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