Which insurance carrier is right for you? Compare insights, coverage, and quotes from Farm Bureau and Cincinnati.
In 1939, in Des Moines, Iowa, Farm Insurance Company was founded to meet the liability insurance needs of farmers. As the company grew and opened offices in other states, it expanded its product line to include car, home, and life insurance as well as other types of coverage. By the year 1996, the holding company, FBL Financial Group, was listed on the New York StockExchange. The company was formerly known as Farm Bureau Mutual InsuranceCompany but was reorganized and renamed in 2010. Today, the company goes by the name Farm Bureau Financial Services and is known for its superior car and home insurance products. It has around 1,600 employees and 4,000 field associates in different states.
With an A+ rating from the BBB, Cincinnati Insurance Company has been serving its customers since 1950. The Cincinnati Insurance company was founded in 1950 by four independent agents, two of whom were brothers, John Jack Schiff and Robert Cleveland Schiff. The company operates in 13states through nearly 1,000 selected independent agencies.
Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Farm Bureau Mutual (IA Group) Overview and Cincinnati Insurance Overview.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Farm Bureau and Cincinnati ranked among the industry ratings.
Comparison | Farm Bureau | Cincinnati |
---|---|---|
Year Founded | 1939 | 1950 |
BBB Rating | A+ | A+ |
Financial Strength | Excellent | Excellent |
Moody's Rating | A1 | |
NAIC Complaint Index | 0.22 | |
NAIC Complaint Ratio | 0.92 | |
S&P Rating | A+ |
What coverage is available through Farm Bureau and Cincinnati? Both insurance companies offer Auto, Home, Life, and Umbrella insurance. Additional products from Farm Bureau insurance also includes Commercial, Condo, Farm, Health, Motorcycle, Renters, and RV insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Farm Bureau Mutual (IA Group) and Cincinnati Insurance Insurance page.
Insurance | Farm Bureau | Cincinnati |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | |
Condo Insurance | ✔ | |
Farm Insurance | ✔ | |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Motorcycle Insurance | ✔ | |
Renters Insurance | ✔ | |
RV Insurance | ✔ | |
Umbrella Insurance | ✔ | ✔ |
Cincinnati offers a wide range of discounts to its policyholders, including Good Student, Healthy Living (Life Insurance), and High Deductible discounts. Whereas, Farm Bureau also offers a few discounts that Cincinnati doesn’t, including Safe Young Driver, Low Mileage, and Farm Bureau Member’s Choice discounts. Start taking advantage of discounts offered by insurance providers like Cincinnati and Farm Bureau insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Farm Bureau | Cincinnati |
---|---|
Claim Free Discount | Good Claim History Discount |
Continued In-Force Credit | Good Student Discount |
Discounts for Multiple Cars | Healthy Living Discount (Life Insurance) |
Driven to Safety Discount | High Deductible Discount |
Driveology: The Science of Save Driving® | Multi-car Policy Discount |
Farm Bureau Member’s Choice | Multi-policy Discount |
Good Student Discount | New Home Discount |
Low Mileage Discount | Safety Equipment Discount (Auto, Home, Business) |
Safe Young Driver Discount | Safety Features Discount |
The Farm Bureau Member Benefits app is available for iOS and Android. This mobile app offers some benefits and services including financial services and insurance products, entertainment discounts at local attractions, savings on hotels, rental cars, vehicles, retail items and more.
The Cincinnati Insurance Mobile app is available for android and iPhones and iPads. This insurance tool is where you can manage payments, view auto policy information, download ID cards, submit glass claims, request roadside services and more.
Farm Bureau Mobile App | ||
---|---|---|
iOS | 3.8 | 15 user reviews |
Android | 3.1 | 99 user reviews |
Cincinnati Mobile App | ||
---|---|---|
iOS | 4.6 | 5 user reviews |
Android | 3.1 | 11 user reviews |
Farm Bureau Contact Info | |
---|---|
Address | 5400 University Avenue West Des Moines, IA 50266-5997 |
Phone | 1-866-399-3237 |
Website | https://www.fbfs.com/ |
https://www.facebook.com/FarmBureauFinancialServices | |
https://twitter.com/fbfs | |
Youtube | https://www.youtube.com/user/FarmBureauFinclSvcs |
https://www.linkedin.com/company/farm-bureau-financial-services/ |
Cincinnati Contact Info | |
---|---|
Address | 600 S. Gilmore Road, Fairfield, OH 45014-5141 |
Phone | (888) 242-8811 |
Website | https://www.cinfin.com/ |
https://www.facebook.com/CincinnatiInsurance/ | |
Youtube | https://www.youtube.com/channel/UCrqm2BGqGoKndbr6D8oRlcg |
https://www.linkedin.com/company/the-cincinnati-insurance-companies/ |
Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
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