Which insurance carrier is right for you? Compare insights, premiums, and quotes from Farm Bureau and Shelter.
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.
Shelter Insurance company is a mutual insurance company that focuses on auto, property, business and life insurance. In, when the company was founded and called MFA Mutual Insurance Company. Its focus was to provide farmers access to reliable insurance protection at prices that they could afford.
Below is a list of the average rates that drivers typically pay with Farm Bureau Mutual (IA Group) and Shelter. On average, Farm Bureau Mutual (IA Group) charges approximately $111.07 per month while Shelter comes in at around $214.72 per month. For Farm Bureau Mutual (IA Group), the cheapest state average is Iowa at $74.12 per month and the most expensive is New Mexico at $131.40 per month. For Shelter, the cheapest state average is Arkansas at $144.47 per month and the most expensive is Kentucky at $301.99 per month.
|State||Farm Bureau Mutual (IA Group)||Shelter|
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Farm Bureau Mutual (IA Group) and Shelter typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||Farm Bureau Mutual (IA Group)||Shelter|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Farm Bureau Mutual (IA Group) charges $109.22 per month and Shelter charges $197.28 per month for customers who own their home.
|Own/Rent||Farm Bureau Mutual (IA Group)||Shelter|
Which car insurance company is better? We've made it easy to compare companies side by side. See how Farm Bureau and Shelter ranked among the industry ratings.
|A.M. Best Rating||A||A|
|NAIC Complaint Ratio||0.92||0.36 (2013)|
What coverage is available through Farm Bureau and Shelter? Both insurance companies offer Auto, Commercial, Condo, Farm, Home, Life, Motorcycle, Renters, RV, and Umbrella insurance. Additional products from Farm Bureau insurance also include Health 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 Shelter Insurance page.
Farm Bureau offers a wide range of discounts to its policyholders, including Continued In-Force Credit, Discounts for Multiple Cars, and Driven to Safety discounts. Whereas, Shelter also offers a few discounts that Farm Bureau doesn’t, including Window Identification System – Louisiana Residents, Safe Driver, and Pay in Full discounts. Start taking advantage of discounts offered by insurance providers like Shelter and Farm Bureau insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
|Claim Free Discount||Accident Prevention Course Discount|
|Continued In-Force Credit||Anti-Theft Discount - Kentucky and Illinois Residents|
|Discounts for Multiple Cars||Companion Life Discount|
|Driven to Safety Discount||Companion Policy Discount|
|Driveology: The Science of Save Driving®||Driver Training Course Discount|
|Farm Bureau Member’s Choice||Good Student Discount|
|Good Student Discount||Military Discount|
|Low Mileage Discount||Multi-car Discount|
|Safe Young Driver Discount||Multi-coverage Discount - Nevada Residents|
|Passive Restraint Discount|
|Pay in Full Discount|
|Safe Driver Discount|
|Window Identification System Discount – Louisiana Residents|
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 Shelter Insurance Mobile app is available for iOS and Android. With the app, you can access your ID cards, report a claim and upload photos, view coverages and policy details, obtain roadside assistance, get in touch with your agent and pay your bill by credit or debit card.
|Farm Bureau Mobile App|
|iOS||3.8||15 user reviews|
|Android||3.1||99 user reviews|
|Shelter Mobile App|
|iOS||2.3||35 user reviews|
|Android||2.3||240 user reviews|
|Farm Bureau Contact Info|
|Address||5400 University Avenue West Des Moines, IA 50266-5997|
|Shelter Contact Info|
|Address||1817 West Broadway - Columbia, MO 65218|
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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