Farmers Home Insurance provides homeowners with coverage designed to help protect their property, belongings and financial assets against covered losses. A typical Farmers homeowners policy can include dwelling coverage, other structures coverage, personal property coverage, personal liability protection and additional living expenses. These coverages can help pay for repairing or rebuilding a home, replacing eligible belongings, addressing covered liability claims and managing certain temporary living expenses after a covered loss.
One of Farmers' notable strengths is its range of discount opportunities. Eligible homeowners may qualify for savings through home-and-auto bundling, claim-free history, protective devices, smart-home technology, new-home discounts, preferred payment options, paperless policies and other qualifying factors. Farmers states that customers can save 10% or more by bundling home and auto policies, although actual savings and eligibility vary by state and policy.
Farmers also offers several optional coverage solutions for homeowners with different property needs. Depending on the state and policy, customers may be able to add coverage for valuable items, home-sharing arrangements, certain e-bikes and golf carts, emergency mortgage assistance and other specialized risks.
The company provides an online homeowners insurance quote process. Customers are asked for information about themselves, their home and personal property, including the approximate value of their possessions and current insurance limits. The quote process can then show an estimated premium and how changing coverage limits may affect the price. Customers can also work with a Farmers agent.
Farmers offers home insurance across a large number of U.S. states, but specific products, coverage options, discounts and eligibility differ by state. Standard homeowners insurance generally does not cover risks such as flooding or earthquakes, meaning separate coverage may be necessary for homeowners exposed to those risks.
