Farmers Car Insurance Review: Rates, Coverage, and Is It Worth the Cost? (2026)

Farmers averages $257 a month for full coverage — consistently one of the more expensive major carriers — but makes up for it with one of the broadest add-on coverage menus in the industry, including rideshare coverage, custom equipment coverage, and new car replacement. For the full carrier lineup, see our best car insurance companies pillar guide.

Farmers at a glance

Pros

Farmers stands out for its add-on coverage breadth: rideshare coverage for Uber/Lyft drivers (see our rideshare insurance guide for why that matters), custom equipment coverage, and new car replacement are all available, options that some competitors don't offer at all. Farmers also carries an A (Excellent) AM Best financial strength rating, and customer reviews frequently cite quick claims response times and responsive customer support.

Cons

Price is Farmers' clearest weakness — it consistently ranks among the more expensive major auto insurers, and the gap widens further for drivers with poor credit, where Farmers has been reported at roughly $6,274 a year versus a national average of $4,891 for that same credit tier (see our bad credit and car insurance guide for how credit tier affects pricing generally). Farmers also carries a higher-than-average NAIC complaint volume, and unexplained rate increases at renewal are among the most frequently cited complaints from long-term policyholders.

Who Farmers is actually best for

Farmers makes the most sense for drivers who specifically want its broader add-on menu — rideshare drivers, owners of vehicles with custom equipment, or buyers who want new car replacement coverage — and are willing to pay a premium for it. Price-sensitive shoppers, and especially drivers with lower credit tiers, will typically find better value elsewhere; see our best car insurance companies guide for the strongest options on price.

Frequently asked questions

How much does Farmers car insurance cost?+

Minimum coverage averages around $76 a month ($912/yr), while full coverage averages around $257 a month (roughly $3,084/yr) — consistently on the higher end among major carriers.

Is Farmers a good insurance company?+

It depends on what you value. Farmers has an A (Excellent) AM Best financial strength rating and a broad add-on coverage menu, but ranked 17th of 20 companies in J.D. Power's 2025 Auto Claims Satisfaction Study and is consistently one of the pricier major carriers.

Does Farmers offer rideshare insurance?+

Yes, rideshare coverage is one of Farmers' notable add-ons, useful for Uber and Lyft drivers who need to close the coverage gap that exists during certain periods of app use.

Why is Farmers more expensive for drivers with bad credit?+

Like most insurers, Farmers factors credit-based insurance scores into pricing, and the gap has been reported as particularly wide for Farmers specifically — around $6,274 a year for poor credit versus a $4,891 national average for that same tier.