Founded by the Iowa Farm Bureau in 1939, Iowa Farm Mutual Insurance Company began by providing liability insurance to farmers. Fast forward almost 80 years, and now the company is called Farm Bureau Financial Services, and it offers life insurance, auto insurance, and home and property insurance.
In this in-depth review, we are going to take a look at the company’s auto insurance product. Find out if it’s a company you should consider.
Farm Bureau auto insurance
Farm Bureau’s auto insurance policies are available to clients in the following 14 states: Arizona, Idaho, Iowa, Kansas, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Utah, Wisconsin, and Wyoming. If you live in another state, this company won’t work for you.
If you do live in one of the 14 states, the types of auto insurance policies available from Farm Bureau include those to protect cars, motorcycles, recreational vehicles, and farm vehicles. Here’s an overview of each::
Car insurance coverage options include bodily injury liability, property damage liability, medical or no-fault coverage, comprehensive, collision, replacement cost, and underinsured and uninsured. The company will replace cars up to four years old (five in some states) when the damage exceeds the value of the vehicle.
You can save on your policy with the following discounts:
- Good Student Discount: Discount for students that maintain a “B” average or higher in school
- Safe Driver Discount: A good driving record gives you a discount
- Continued In-force Credit: This is a credit for renewing your policy and staying loyal to the company
- Low Mileage Discount: A discount for driving less than 7,500 miles per year
- Safe Young Driver Discount: Drivers under 25 who complete the Young Driver Safety program. (See details below in our features section.)
Additionally, you can add on roadside assistance if you would like.
Next up, motorcycle insurance. The insurance types available for motorcycles include bodily injury liability, property damage liability, medical or no-fault coverage, comprehensive, collision, and uninsured or underinsured. As for discounts, you can save by bundling this policy with other Farm Bureau insurance policies and with the Continued In-force Credit.
Recreational vehicle insurance
Looking to protect some toys for adults, such as boats, skis, or bikes? Farm Bureau has policies for those. Coverage types include bodily injury liability, property damage liability, medical or no-fault coverage, comprehensive, collision, and underinsured and uninsured. And the Farm Bureau Members Choice (bundling discount) and the Continued In-Force Credit can help you save.
Farm vehicle insurance
Need to protect your farm vehicles? Coverage types include bodily injury liability, property damage liability, medical or no-fault coverage, comprehensive, collision, and underinsured or uninsured. Discounts include the Farm Bureau’s Member’s Choice and the Continued In-Force Credit.
So, whether you have a car, motorcycle, recreational vehicle, farm vehicle, or some combination, this company can help you protect them and save you money with the various discounts.
Farm Bureau’s other features
In addition to the various insurance policies, Farm Bureau also offers the following features:
When you break down on the side of the road, it’s nice to know you’re covered. Farm Bureau coverage includes up to $100 for the following services:
- Gas delivery
- Jumpstart/battery boost
- Service for flat tires
- Emergency towing
- Auto lockout service
This can be added to a Farm Bureau auto insurance policy at an additional cost.
The company’s Driveology Program is designed to promote safe driving through the use of technology. When you sign up, you get a small device that plugs into your vehicle and tracks:
- Fuel consumption
- Carbon footprint
- Travel times, mileage, and trips
- Bad driving habits like slamming on the brakes or accelerating too fast
- Vehicle maintenance needs (i.e., cooling systems)
Enrolling in this program gets you the Driven to Safety® discount on your insurance premium. Then, if you show safe driving habits over time, you can earn up to 30% off with the SafeRide Rewards™ discount.
Young Driver Safety Program
For those newer drivers, or for parents with children who are behind the wheel, another way to save money is through the company’s Young Driver Safety program, which helps drivers under the age of 25 gain experience and earn them a discount on their premium. The program requires participants to log 30 hours of supervised driving, watch an approved driving safety video with an agent, discuss the guidelines and expectations with an agent, and make the safety pledge, which is a commitment to drive safe.
Next, let’s look at how the company qualifies customers.
Farm Bureau auto insurance eligibility
During the Farm Bureau application process, the company will review the information you provide, as well as information from other sources. The additional information gathered can include your driving record, previous claims, credit report, and information about members of your household, both current and past. A third-party might also develop a credit-based insurance score for you. Your final quote will be based on the culmination of all these factors.
How to get a quote from Farm Bureau
You can call Farm Bureau to obtain a quote, or you can fill out this form online, and a representative will call you.
To find this form, visit the company’s website, navigate to the section about auto insurance, and click “Get Quote.”
Farm Bureau auto insurance customer service
If you need to get in touch with the company, you can reach their representatives by phone at 866-399-FBFS (866-399-3237). Customer service hours are Monday to Friday from 7 a.m. to 7 p.m. and Saturday from 9 a.m. to 1 p.m. (Central time).
Farm Bureau also offers its customer’s a free mobile app, which contains the member’s most current membership card, proof of insurance, entertainment discounts at local attractions, and savings on vehicles, hotels, retail items, and more. The app is available in the Google Play store and the App Store.
Lastly, you can register on the website and use your Farm Bureau auto insurance login information to access detailed policy information, view statements, make payments, go paperless, report claims, print ID cards, and view daily prices for variable product sub-accounts.
Is Farm Bureau auto insurance right for you? The first question is, “Does it serve your state?” If it does, the next question is, “Does it offer the best value?” To answer that, you need to find out if the company offers the coverage you need, if you like the customer service, and how much the policy will cost.
In this review, you learned about the coverage options. It’s best to read reviews and get a quote from the company. Then, shop around to find other providers with policies that fit your needs. Get quotes from those companies, too. In doing so, you can compare the offers and choose the best deal for you with confidence.
Ready to start shopping? Read reviews and real-user ratings of over 50 leading auto insurance providers side-by-side.
Jessica Walrack is a personal finance writer at SuperMoney, The Simple Dollar, Interest.com, Commonbond, Bankrate, NextAdvisor, Guardian, Personalloans.org and many others. She specializes in taking personal finance topics like loans, credit cards, and budgeting, and making them accessible and fun.