Which insurance company is right for you? Compare cost, plans, and quotes from Farmers and American Family.
Farmers Insurance began selling insurance a year before the Great Depression and survived to become a household name. Founders John C. Tyler and Thomas E. Leavey started off by going farm to farm to gain their first policies. They specifically lowered rates for farmers and ranchers because they understood that these occupations posed fewer risks with their vehicles. By 1928, they were able to open an office in downtown Los Angeles. During the Great Depression, Farmers was one of the few companies that were able to pay claims. When a devastating earthquake hit Los Angeles, Farmers paid out claims for damaged cars and became the first insurance company to offer comprehensive insurance.
Allied Mutual Automobile Association was formed by Harold Evans in 1929. After years of operating as a standalone brand, Allied Insurance became Nationwide in 1998. Policies, documents, bills and account statements for Allied customers are now featuring the Nationwide name and logo.
Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Farmers Overview and American Family Overview.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Farmers and American Family ranked among the industry ratings.
Comparison | Farmers | American Family |
---|---|---|
Year Founded | 1928 | 1927 |
Market Share | 3% | 1.91% |
A.M. Best Rating | A- | A |
BBB Rating | A+ | A+ |
Financial Strength | Excellent | Excellent |
JD Power Ranking | About Average | About Average |
Moody’s Rating | A2 | |
NAIC Complaint Index | 0.8 | 0.64 |
S&P Rating | A | A |
What coverage is available through Farmers and American Family? Both insurance companies offer Auto, Commercial, Home, Life, Motorcycle, RV, and Umbrella insurance. Additional products from American Family insurance also includes Condo, Farm, Health, and Renters insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Farmers and American Family Insurance page.
Insurance | Farmers | American Family |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | |
Farm Insurance | ✔ | |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Motorcycle Insurance | ✔ | ✔ |
Renters Insurance | ✔ | |
RV Insurance | ✔ | ✔ |
Umbrella Insurance | ✔ | ✔ |
American Family offers a wide range of discounts to its policyholders, including Claims-free Pricing, Generational, and Good Student discounts. Whereas, Farmers also offers a few discounts that American Family doesn’t, including Transfer, Teen Driver, and Pay-in-Full discounts. Start taking advantage of discounts offered by insurance providers like American Family and Farmers insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Farmers | American Family |
---|---|
Alternative Fuel Discount | Away at School Discount |
Distant Student | Claims-free Pricing |
Electronic Funds Transfer (EFT) Discount | Generational Discount |
Good Student | Good Student Discount |
Homeowner Discount | KnowYourDrive |
Multi-Car Discount | Loyalty Discount |
Multi-policy Discount | Multi-product Discount |
Occupational Discount | Smart Home Discount |
Pay-in-Full Discount | Teen Safe Driver Discount |
Teen Driver Discount | Young Volunteer Discount |
Transfer Discount |
The Farmers app is available for iOS and Android. The Farmers Mobile App allows you access to self-service features.
The American Family mobile app is available for iOS and Android. Called MyAmFam, the app allows users to manage their insurance policy: Make payments, view coverage and policy details, access digital ID cards, in-app payment reminders, find a repair shop, submit a claim, get roadside assistance and more.
Farmers Mobile App | ||
---|---|---|
iOS | 4.8 | 3K user reviews |
Android | 4 | 3K user reviews |
American Family Mobile App | ||
---|---|---|
iOS | 4.8 | 30K user reviews |
Android | 4.4 | 3.5K user reviews |
Farmers Contact Info | |
---|---|
Address | 6301 Owensmouth Avenue, Woodland Hills, CA 91367 |
Phone | 1 (800) 974-6755 |
Website | https://www.Farmers.com |
https://www.facebook.com/FarmersInsurance/ | |
https://twitter.com/WeAreFarmers | |
Youtube | https://www.youtube.com/farmersinsurance |
https://www.linkedin.com/company/farmers-insurance/ |
American Family Contact Info | |
---|---|
Address | 6000 American Parkway, Madison, WI 53783 |
Phone | 1-800-692-6326 |
Website | https://www.amfam.com/insurance |
https://www.facebook.com/amfam/ | |
https://twitter.com/amfam | |
Youtube | https://www.youtube.com/user/amfam |
https://www.linkedin.com/company/american-family-insurance/ |
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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