Renters insurance covers damage to your personal belongings, liability claims from neighbors, medical bills for guests who are injured as a result of an accident in your home, and additional living expenses if your dwelling is temporarily unlivable. Farmers is one such provider of this type of insurance with more than 90 years of experience in the industry, low deductibles, and unique discounts.
Quartz Advisor Reviews Team wants to help you find the best renters insurance, so we put together this Farmers renters insurance review with details on the company’s coverage, pricing, customer service, and more.
Farmers Renters Insurance Review
Pros and Cons of Farmers Renters Insurance
Farmers Renters Insurance Coverage
Farmers doesn’t provide a list of covered perils on its website, but here are a few events that are covered:
- Theft
- Fire
- Vandalism
- Damage by vehicle
- Falling objects
- Water damage not from flooding
- Extreme weather
- Weight of snow, sleet, or ice
Before purchasing a policy, talk to a Farmers insurance agent to get a full list of covered events.
A Farmers renters insurance policy has four parts:
1. Personal property
This protects the belongings you have in your apartment or rental home. Take inventory of your items, estimate their value, and add up the costs. You want to get at least that much coverage so that you don’t have to pay out of pocket to replace anything when a covered peril damages your belongings.
Based on the quote we received, Farmers covered $25,000 for personal property.
2. Loss of Use
If a fire damages your apartment or a pipe bursts and causes water damage, you may be kicked out temporarily for repairs. Your policy will cover additional living expenses during that time, like the cost of a hotel room or food.
Based on our quote, Farmers would cover $5,000 for loss of use.
3. Liability
If you’re found liable for an event that injures a neighbor or damages their property, your policy will cover the medical or repair costs. Farmers may even pay for any legal fees if you’re sued.
The quote we received from Farmers covered $100,000 for personal liability.
4. Medical Payments to Others
If a guest is injured in your home, your policy will cover their medical bills.
Our quote from Farmers included coverage of $1,000 per person for medical payments to others.
Range of Coverage
Using the Farmers renters insurance online quote tool, we gathered information on what is available for renters in Virginia. Here’s how much insurance coverage you can get with a Farmers renters insurance policy:
- Personal Property Coverage: No limit
- Loss of Use Coverage: 20% of personal property
- Liability Coverage: $100,000, $200,000, $300,000, or $500,000
- Coverage for Medical Payments to Others: $1,000–$5,000
Farmers Optional Coverage
The only add-on option that Farmers renters insurance offers is identity shield. However, you can purchase separate insurance policies to complement your renters insurance. These include pet insurance to protect the costs of owning a pet and umbrella liability insurance to expand your liability coverage across several policies, like renters and car insurance.
How Much Does Farmers Renters Insurance Cost?
Farmers doesn’t advertise what a typical customer pays on their website, so we got a quote using their online quote tool to give you an idea of what a monthly premium would cost. Here’s a quote for a one-bedroom apartment in Alexandria, Virginia:
Farmers Cost Breakdown
| Area of Coverage | Coverage Amount |
| Deductible | $500 |
| Monthly cost | $29.86 |
With Farmers, your renters insurance deductible could be $100, $250, $500, $1,000, or $2,500.
To get your own quote from Farmers, have the following information ready:
- Name
- Address
- Date of birth
- Number of units in the building
- Safety features in your home
- Marital status
- Gender
State Availability
Alabama | Alaska | Arizona | Arkansas | California | Colorado | Connecticut | Delaware | Florida | Georgia | Hawaii | Idaho | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Minnesota | Mississippi | Missouri | Montana | Nebraska | Nevada | New Hampshire | New Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South Dakota | Tennessee | Texas | Utah | Vermont | Virginia | Washington | West Virginia | Wisconsin | Wyoming
Customer Service and Claims Support
You can manage your Farmers policy and file a claim using the Farmers customer portal on the website or the mobile app. To talk to a Farmers agent, call 888-327-6335 for general customer service questions or 800-435-7764 for claims questions. The claims processing center is open 24/7, but the customer service line is only available Monday through Friday, from 7 am–11 pm and Saturday through Sunday, from 8 am–8 pm.
Our Conclusion
Farmers offers standard renters insurance with loss of use, medical payments to others, liability, and personal property coverage. Not to mention, you can get a deductible that is as low as $100, while other companies only have deductibles as low as $250. You can also get a discount for not smoking in your home, which isn’t typically offered by other insurance companies.
Before purchasing a Farmers renters insurance policy, we recommend getting quotes from at least two other providers so that you can compare the coverage options and monthly premiums:
Compare Renters Insurance Companies
| Companies | Farmers | Lemonade | Liberty Mutual |
| Get a free quote | N/A | Visit site | N/A |
| Known for | Non-smoking discount | Giveback program | Over 100 years of experience |
| Monthly price | About $30 | As low as $5 | As low as $5 |
| Customer service | 24/7 for claims; limited for customer service | Online | 24/7 for claims; limited for sales and service |
| BBB rating | A+ | B+ | A+ |
Company Overview
- CEO: Jeffrey Dailey
- Years in business: 92
- State availability: 36
- Address: 6301 Owensmouth Avenue
- City/State: Woodland Hills, CA
- Zipcode: 91367
- AM Best Financial Strength Rating: A
Frequently Asked Questions
What states is Farmers renters insurance not available in?
Farmers is not available in Alaska, North Carolina, South Carolina, Mississippi, West Virginia, New Jersey, Rhode Island, Massachusetts, Vermont, New Hampshire, or Maine.
Why would someone want renters insurance if their building owner has insurance?
The insurance that the landlord has only protects the building, not your personal belongings. Some landlords also require renters insurance so that they are protected from liability claims.
Can I get Farmers renters insurance online?
Yes. Farmers has an online quote tool that allows you to fill in your personal information and information about your rental property. The website will give you a quote and you can choose to purchase a policy after reviewing your options—all of this takes less than 10 minutes.
Our Rating Methodology
