Farmers homeowners insurance review (2026): full-service agents and guaranteed replacement cost.

About Farmers homeowners insurance

Farmers sells through dedicated agents and offers strong optional coverages, including guaranteed replacement cost that pays to rebuild even if costs exceed your limit. The trade-off is price — Farmers is among the more expensive national carriers — but its coverage menu and agent service appeal to homeowners who want a hands-on relationship.

Who Farmers homeowners insurance is right for

Homeowners who want a full-service agent and premium coverage options like guaranteed replacement cost, and who'll pay more for them.

How much does Farmers homeowners insurance cost?

Farmers homeowners insurance averages roughly $2,145/year (about $179/month) for a standard policy with around $300,000 in dwelling coverage and a $1,000 deductible — above the national average of about $1,915. Homeowners pricing varies enormously by state, dwelling amount, roof age, and claims history, so treat this as a directional benchmark and get a quote for your specific home.

Availability: Nationwide.

Farmers homeowners insurance pros and cons

Farmers’s recent rate filings

The actual rate changes Farmers filed with state insurance regulators — primary-source numbers, not estimates. In the filings we track, Farmers filed 11 home rate changes across 9 states, averaging +0.1% and 20 auto rate changes across 10 states, averaging +0.5%. Each row links to the filing in our rate-filings ledger.

Filed/approved statewide-average changes from each state’s Department of Insurance; a filed average is not your rate — your change depends on your ZIP, coverage, and risk profile, and a cut often reaches new customers before renewals. Not a quote.

Compare Farmers homeowners rates by state

Frequently asked questions