Florida Farm Bureau Insurance Review & Ratings (2024)

Welcome to our comprehensive guide on Florida Farm Bureau Insurance. In this article, we provide farmers and rural residents with essential information on the benefits, coverage options, and discounts offered by Farm Bureau Insurance in Florida.

From property and equipment protection to liability coverage and specialized policies, we cover all aspects of insurance tailored to meet the unique needs of farms and rural properties. Enter your zip code below to compare rates from top insurance providers specializing in Florida Farm Bureau Insurance. Take proactive steps to safeguard your farm and assets with reliable and comprehensive coverage today.

Is Florida Farm Bureau insurance good?

Farm Bureau is a fairly well-known name in the insurance industry nationwide. The company has been operating for just over 100 years and doesn’t appear to be going away anytime soon.

Florida Farm Bureau Group is an entity of the American Farm Bureau Federation, which is the parent company of many state Farm Bureau affiliates. American Farm Bureau offers insurance in all 50 states and Puerto Rico.

Farm Bureau is an interesting insurance company because it has a notable stake in crop insurance alongside more traditional insurance policies like auto, homeowners insurance, and life insurance.

Farm Bureau appears to be a large enough company that is worth at least some consideration. We’ll take a deeper look into the Florida Farm Bureau reviews to confirm.

Does Florida Farm Bureau insurance have good reviews?

With many different entities spread from state to state, Farm Bureau may not be ranked as high by company market share. Based on data from the Insurance Information Institute, Farm Bureau is not ranked within the top 10 best insurance companies for home, auto, or life insurance by market share.

This doesn’t mean that Farm Bureau isn’t good insurance, it simply means that they don’t sell as much insurance as some other providers. Below, we’ll break down the ratings and reviews that can help clarify the company’s financial status and customer service experience.

• A.M. Best: A-*
• Better Business Bureau (BBB): A+
• NAIC Complaint Index: 0.00

The Florida Farm Bureau ratings are limited. There are some positives and negatives relating to the Florida Farm Bureau insurance reviews as well.

For starters, the Florida Farm Bureau A.M. Best rating is positive but doesn’t tell the whole story. In 2021, the company’s outlook was downgraded to negative despite the strong excellent rating it received. This is apparently due to major underwriting losses to the company’s home insurance in response to storms.

There’s a decent chance that Florida Farm Bureau overcomes these losses, but they are at least worth mentioning. Farm Bureau’s BBB rating is strong in Florida, although this regional entity doesn’t appear to have as many customers as some other states.

One of Farm Bureau’s most popular products is its auto insurance. According to a J.D. Power study, Florida Farm Bureau isn’t among the state’s top companies, while the Tennessee and Kentucky affiliates are major contributors in the southeast.

Read more: Tennessee Farm Bureau Car Insurance Discounts

The Florida Farm Bureau NAIC Complaint Index is surprisingly low. It’s rare for any insurance company to have zero complaints via the NAIC. This is especially true considering the company’s total annual premiums written is listed at over $228,000,000.

Assuming there are no errors, this is an excellent testament to the Florida Farm Bureau Insurance customer service.

What type of Florida Farm Bureau insurance policy can I get?

Florida Farm Bureau offers a few different policy types for your convenience. The company advertises two primary products in auto and home insurance. Beyond these products, you can find the following insurance options with Florida Farm Bureau:

• Life insurance
• Retirement solutions
• Banking services
• Flood insurance –– read about what documents need to be submitted with a flood insurance application for more information

While the Florida Farm Bureau insurance website doesn’t list the options, the company offers term, whole, and indexed universal life insurance policies. Term life insurance tends to be the cheapest while whole and universal life insurance offer cash value that can build interest.

It’s unclear how cheap or expensive Florida Farm Bureau insurance will be in comparison to other industry competitors. The best way to find out if Florida Farm Bureau’s rates are competitive is to get quotes from multiple insurance companies based on the insurance products you need.

Like most other auto insurance providers, Florida Farm Bureau Insurance does offer a few discounts. They offer multi-car, account, and accident-free discounts for qualifying drivers. These are common discounts that should be considered standard in the auto insurance industry. A more specific discount if the federal employee car insurance discount for those who work in the government.

Read more: Southern Farm Bureau Car Insurance Discounts

More About Florida Farm Bureau Insurance

Florida Farm Bureau appears to be a reasonable company to invest in for various types of insurance. It’s hard to guarantee whether or not the company will offer competitive rates although it does seem to be the case for other Farm Bureau state companies. How is it possible that every car insurance company promises savings by switching from their competitors?

If you happen to secure quotes that are competitive with other providers and you’re having trouble deciding which company to choose, there are some other small features to consider regarding the policyholder experience.

For starters, Florida Farm Bureau does have a mobile app that can make it more convenient to adjust policy details, make payments, and more. This app is available to iPhone and Android users. These features can also be accessed via your Florida Farm Bureau insurance login.

One of the top Florida Farm Bureau member benefits is the online claims process. Some insurance companies still rely on postal services to submit claims which can be time-consuming and difficult to track.

Convenient online claims would be one of the reasons Florida Farm Bureau customer service goes without many complaints. You do have to be a Florida Farm Bureau member to submit claims, so beneficiaries of life insurance policies may have to call to initiate claims while policyholders can submit claims for auto or home insurance.

Florida Farm Bureau Insurance: The Bottom Line

Florida Farm Bureau offers an assortment of insurance options and appears to have strong ratings and reviews overall. The company’s customer service is impressive based on the available data.

By now, you should have a better understanding of whether or not Florida Farm Bureau insurance is right for you.