Finding the Right Insurance for You with Farm Bureau New Mexico

For over 80 years, Farm Bureau New Mexico has been providing exceptional insurance products tailored for individuals, families and businesses across the state. As the largest domestic insurer in New Mexico, they offer a wide range of policies with personalized service and competitive rates This article will explore the history of Farm Bureau New Mexico, the types of insurance they provide, and how to find the right coverage for your specific needs

Overview of Farm Bureau New Mexico

Farm Bureau New Mexico is part of the national Farm Bureau network, which has roots dating back to 1919 with the mission of meeting the insurance needs of rural America. The company was founded in Albuquerque in 1937 and now has 17 offices statewide.

As a mutual insurance company, Farm Bureau New Mexico is owned by its policyholders rather than stockholders. This structure allows Farm Bureau to focus on providing quality insurance products rather than maximizing profits.

With over 120,000 policies in force Farm Bureau New Mexico offers

• Auto Insurance
• Home Insurance
• Life Insurance
• Business/Commercial Insurance
• Crop Insurance
• Specialty Coverages

Farm Bureau agents have strong knowledge of local communities and average over 10 years of experience. This expertise allows them to tailor policies specifically for each customer based on their unique assets, risks, and needs.

Auto Insurance Options from Farm Bureau NM

Finding the right auto insurance is crucial to protect yourself on New Mexico roads and highways. Farm Bureau New Mexico provides flexible policies with options including:

• Liability Coverage: Bodily injury and property damage liability.
• Comprehensive: Protection against theft, vandalism and weather damage.
• Collision: Covers your vehicle in accidents with other cars or objects.
• Uninsured Motorist: Injuries caused by a hit-and-run or uninsured driver.
• Rental Reimbursement: Pays for a rental car if yours is in the shop.
• Roadside Assistance: Towing, flat tire change, jump start, etc.

Higher liability limits, lower deductibles, and added endorsements are available to tailor coverage. Farm Bureau also offers discounts for good drivers, students, multiple policies, and safety features like air bags and anti-lock brakes.

Insuring Your Home with Farm Bureau

Finding the right home insurance starts with understanding the coverages available from Farm Bureau New Mexico:

• Dwelling Protection: Covers structural damage from fire, storms, theft and more.
• Personal Property: Replaces stolen or damaged possessions like furniture, clothes, and electronics.
• Loss of Use: Pays hotel bills if you can’t live in your home during repairs.
• Personal Liability: Protects against injury lawsuits on your property.
• Medical Payments: Guest medical bills from a covered accident in your home.

Optional endorsements like replacement cost for personal property, sewer back up, and identity theft protection allow you to customize coverage.

Business Insurance Solutions

Farm Bureau New Mexico offers a full suite of commercial insurance products tailored for New Mexico companies and family businesses. This includes:

• General Liability – protects against liability exposures like customer injury claims.
• Business Property – covers buildings, inventory, and equipment against common risks.
• Commercial Auto – insures vehicles used for business purposes.
• Workers’ Comp – required coverage for job-related employee injuries.
• Umbrella Liability – provides additional liability limits above other policies.
• Professional Liability – covers errors and omissions for services provided.

Experienced agents help analyze risks and suggest proper liability limits, deductibles and endorsements.

Why Choose Farm Bureau New Mexico?

There are many great reasons New Mexico residents and businesses select Farm Bureau Insurance:

• Local expertise – Agents utilize first-hand knowledge of the state’s unique needs.
• Quality products – Policies provide robust protection. Farm Bureau carries an A+ rating from A.M. Best.
• Superior service – Experienced agents are easy to reach and quick to respond.
• Competitive rates – As a mutual company, Farm Bureau passes savings to customers. Bundling policies often lowers premiums further.
• Dividend potential – Policyholders may be eligible for an annual dividend payment based on program’s overall claims experience.
• Convenient payment options – Choose recurring monthly bank withdrawals or credit card payments.

Find an agent close to you and get a quote today to experience the Farm Bureau New Mexico difference!