Finding the right insurance for your farm, ranch, or rural lifestyle can be tricky. You need policies tailored to the unique risks that come with agriculture and rural living American Farmers and Ranchers Insurance aims to provide affordable coverage designed for farming and ranching families.
But are their products a good fit for your needs? In this review, we’ll dive into American Farmers and Ranchers Insurance reviews from real customers. We’ll look at feedback on their coverage options, pricing, customer service, claims experiences, and more.
Overview of American Farmers and Ranchers Insurance
American Farmers and Ranchers Insurance has over 75 years of experience specializing in farm ranch and rural insurance needs. Key highlights
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Origins – Started in the 1940s as part of the Oklahoma Farmers Union. Became an insurer in 1949.
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Headquarters – Based in Oklahoma City, OK.
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Availability – Offer policies in OK, KS, TX, NM, and WY.
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Products – Auto home life, business insurance and more.
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Financial strength – Rated A (Excellent) by AM Best.
While founded to serve farmers and ranchers, today they provide insurance to both rural and urban customers. Policies are sold by local agents who understand rural risks.
American Farmers and Ranchers Insurance Reviews on Coverages Offered
American Farmers and Ranchers Insurance provides a full range of standard personal and commercial policies. Most customer reviews are positive about their offerings, with a few exceptions:
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Auto – Reviews mention good options for liability, collision, comprehensive, medical payments, and more.
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Home – Feedback indicates options for dwelling, personal property, liability, and additional living expenses coverage.
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Life – Reviews suggest they offer term, whole, and universal life policies from $25k to $1 million.
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Specialty – Many reviews highlight farm, ranch, livestock, classic vehicle, and agribusiness coverages.
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Bundling – Numerous reviews mention bundling discounts available when insuring home and auto together.
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Gaps – Some customers felt options were limited for high value homes or certain commercial risks.
Overall, American Farmers and Ranchers Insurance reviews indicate they offer a wide range of standard insurance policies plus specialty options tailored to rural needs.
Cost and Discounts
Here’s a look at what American Farmers and Ranchers Insurance customers say about pricing and discounts:
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Competitive pricing – Many reviews cite lower premiums compared to other insurers they checked.
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Average costs – Auto insurance reviews mention $500 to $2,000 a year based on factors like driving history. Home insurance runs $800 to $2,500 a year.
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Discount opportunities – Reviews highlight multi-policy, good driver, senior, anti-theft device, and loyalty discounts available.
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Rate hikes – Some customers complain rates increased significantly at renewal time despite no claims or changes.
Overall, reviews suggest American Farmers and Ranchers Insurance pricing is very affordable, especially for rural policies. But some customers experienced larger than expected rate hikes at renewal.
Customer Service Feedback
Here are common themes from American Farmers and Ranchers Insurance reviews regarding their customer service:
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Helpful agents – Many mention local agents took time to explain policy options and answer questions.
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Quick service – Numerous reviews praise fast, friendly service when calling or visiting local offices.
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Mixed reviews – Some complaints of long hold times when calling and having to follow up frequently to get information.
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Service advantages – Several reviews highlight good customer service as an advantage over large national insurers.
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Local focus – Customers appreciate agents being familiar with rural needs and norms.
Overall, reviews regarding American Farmers and Ranchers Insurance’s customer service are quite positive. Local agents familiar with rural risks are seen as a major plus. But some reviews cite poor experiences trying to get policy information or changes made.
Claims Process Reviews
Feedback on American Farmers and Ranchers Insurance’s claims process is generally favorable:
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Quick response – Many reviews mention adjusters coming out promptly after accidents or damage.
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Fair payouts – Customers who filed claims said they received fair reimbursements without a lot of hassle.
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Helpful adjusters – Reviews praise friendly, knowledgeable claims handlers who explained the process.
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Mixed experiences – Some complaints of lowball claim payments requiring customers to escalate or threaten litigation.
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Trusted partner – Many say American Farmers and Ranchers Insurance proved a trusted partner during the claims process.
For the most part, American Farmers and Ranchers Insurance reviews indicate positive experiences with claims. But there are some complaints around unfair claim settlements.
Pros and Cons of American Farmers and Ranchers Insurance
Based on customer feedback and other research, here are the key advantages and disadvantages of American Farmers and Ranchers Insurance:
Pros
- Specialized rural insurance options
- Competitive pricing, especially for farms and ranches
- Good customer service through local agents
- Generally positive claims experiences
- Strong financial rating
Cons
- Only available in 5 states
- Some complaints about rate hikes
- Mixed reviews on claims payments
- Limits on high-value home coverage
Overall, they seem to excel at tailored insurance for rural needs at affordable rates. But some drawbacks exist around rate changes, claims, and geographic availability.
Is American Farmers and Ranchers Insurance Right for You?
American Farmers and Ranchers Insurance offers policies worth considering for these groups:
- Farmers, ranchers, and agribusinesses in OK, KS, TX, NM, and WY
- Rural families wanting an agent familiar with their lifestyle
- Customers seeking specialized farm and ranch insurance
- Those looking for competitive pricing on rural insurance
Make sure to compare quotes against options from companies like State Farm and Nationwide. But for tailored rural insurance, American Farmers and Ranchers Insurance reviews suggest they are a great choice.
The Bottom Line: Would Policyholders Recommend?
The vast majority of American Farmers and Ranchers Insurance reviews indicate satisfied customers who would recommend them to others needing farm, ranch, or rural insurance.
They receive praise for understanding the unique insurance needs of farm families and agribusinesses. Many customers highlight getting affordable specialty policies from agents familiar with rural risks.
Reviews show some drawbacks around availability, claims frustrations, and rate hikes. However, most policyholders seem very pleased overall with the specialized coverage, competitive pricing, and customer service American Farmers and Ranchers Insurance delivers.
For agricultural and rural insurance needs, American Farmers and Ranchers Insurance reviews suggest they are a leading choice worth considering if you live in one of the states they serve.
American Farmers & Ranchers homeowners insurance discounts
- Multi-Policy Discount: Get this discount of up to 10% when you buy more than one AFR insurance policy.
- Claims Free Discount: Policyholders who haven’t had a paid loss in a certain amount of time can get this discount, which is worth up to 20%.
- Protective Device Discount: This discount of up to 15% is for policyholders who have at least one protective device system in their home, such as burglar alarms, fire alarms, or automatic sprinklers.
- Roof Surface Discount: You can get this discount of up to 20% if the surface of your roof meets the Underwriters Laboratories Standard.
- Age of Home Adjustment Discount: This discount of up to 30% will be given based on how old the house is, as well as its plumbing, electrical, and heating and cooling systems.
American Farmers & Ranchers car insurance discounts
- Multi-Policy Discount: Get up to 15% off your car insurance if you bundle it with home or farm AFR insurance.
- Multi-Car Discount: If you have more than one car on your AFR policy, you can get a discount of up to 10%.
- New AFR policyholders who haven’t had any accidents in the first 60 months can get a discount of up to 20% called the “Jump!Start Discount.”
- Good Student Discount: Full-time high school, vocational school, college, or university students who keep a 3.0 GPA can get a discount of up to 20% on policies. 0 GPA or better.
- It’s possible to get a discount of up to 15% if you have been a driver for 36 months and have no points on your record.
- More experienced drivers can get a discount of up to 15% if they have been insured for at least 60 months and haven’t been in an accident that was their fault in that time.
- Drivers Education Discount: Drivers under 23 years old who have finished an approved drivers education course, haven’t had any accidents they were at fault in the last 36 months, and don’t have more than one point on their record can get this discount of up to 10%.
- Accident Prevention Discount: If you’ve finished an eligible course on how to avoid car accidents, you can get this discount of up to 10%.
- Paid-In-Full Discount: If you pay your AFR car insurance premium in full on or before the start date, you can get a discount of up to 15%.
- Payment History Discount: This discount can save policyholders up to 10 percent if they haven’t had more than one fee in the last 12 or 6 months.
American Farmers and Ranchers Insurance Review: Pros and Cons
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