How Farm Bureau Stacks Up: Average Monthly Car Insurance Cost and 4.4-Star Rating

Farm Bureau has earned strong marks in the insurance world, scoring 4.4 out of 5 stars in our analysis. But what really catches consumers’ attention is the average monthly cost structure. Farm Bureau operates through independent state-based chapters rather than as a single national insurer, which significantly impacts both pricing and service delivery across different regions. This unique setup often translates to competitive rates and strong local customer service.

The big question for most shoppers: What will you actually pay each month? Farm Bureau’s approach to average monthly cost puts it among the most affordable options available nationwide, which is why understanding their pricing structure matters.

The Cost Breakdown: What’s the Average Monthly Price Tag?

When it comes to the average monthly cost of full coverage, Farm Bureau typically charges around $151 per month—a figure that stands well below the national average of $190. For drivers looking for basic liability-only coverage, the average monthly cost drops further to $90, which significantly undercuts the national average of $113.

This pricing strategy has made Farm Bureau competitive with American Family for the lowest full coverage rates in our assessment. The average monthly cost advantage becomes even more apparent when compared directly to Progressive, which charges approximately $205 per month for full coverage. That means choosing Farm Bureau could save you roughly $54 per month compared to Progressive—or over $600 per year.

The important caveat: these average monthly cost figures reflect a standard policyholder profile (48 years old, 13-year-old vehicle, average-income location). Your personal quote may vary based on driving history, location, vehicle type, and other risk factors. Since each Farm Bureau chapter operates independently, average monthly cost can also fluctuate by state.

Why the Average Monthly Cost Stays Low

Farm Bureau’s pricing advantage stems from several factors:

• Regional focus: Independent chapters optimize rates for their specific markets rather than applying blanket national pricing
• Bundling incentives: Combining auto with home or other policies reduces the average monthly cost through “Members Choice Bundling”
• Customer retention: Loyalty programs keep the average monthly cost lower for long-term policyholders
• Efficiency in claims: Lower complaint ratios (0.137 vs. national 1.082) suggest streamlined operations that help control costs

Coverage Options and What They Mean for Your Average Monthly Cost

Farm Bureau provides six standard coverage types through most chapters, though availability varies by state:

• Liability insurance (required in most states)
• Collision coverage (protects your vehicle in accidents)
• Comprehensive coverage (covers theft, weather, vandalism)
• Medical payments or no-fault insurance
• Uninsured and underinsured motorist protection
• Replacement cost coverage

The comprehensiveness of these options directly influences your average monthly cost calculation. Full coverage bundles liability, collision, and comprehensive protection—which is why the $151 average monthly cost reflects these protections combined.

Understanding the Full Coverage Average Monthly Cost

Choosing full coverage at Farm Bureau’s average monthly cost of $151 represents a substantial savings compared to competitors. However, it’s important to understand what you’re getting:

• Liability: Covers damages you cause to others (typically included in minimum coverage requirements)
• Collision + Comprehensive: Protects your own vehicle, which is why these additions increase the average monthly cost beyond basic liability
• Total protection value: The average monthly cost of full coverage reflects all three components working together

Advantages That Impact Your Average Monthly Cost

Farm Bureau stands out in several areas that justify their competitive average monthly cost:

Lower Premiums: The average monthly cost structure makes Farm Bureau one of the most affordable choices on the market, with consistently lower rates than national averages.

New Car Replacement: Some chapters offer coverage to replace your vehicle entirely if it’s totaled shortly after purchase—adding significant value to your coverage without dramatically increasing average monthly cost.

Rideshare Insurance: Available in select regions, this optional add-on extends protection when using your vehicle for rideshare services.

High Repair Network Scores: Farm Bureau chapters rank well in CRASH Network evaluations:

• North Carolina Farm Bureau: #1 overall (A+ rating)
• Michigan Farm Bureau: #4 (A- rating)
• Farm Bureau Property & Casualty: #11 (B+ rating)

These strong repair relationships help control claims costs, which indirectly supports their competitive average monthly cost.

Potential Limitations to Consider

While the average monthly cost is attractive, there are some drawbacks depending on your location:

• Accident forgiveness varies: Not all chapters offer this protection. Virginia Farm Bureau allows one at-fault accident forgiveness, while FBFS may not
• No diminishing deductible: Unlike some competitors, Farm Bureau doesn’t automatically reduce your deductible for claim-free years (though they do offer loyalty discounts)
• Inconsistent coverage: The average monthly cost and coverage options can differ significantly between state chapters
• Limited national consistency: What you get in one state may differ in another, making the average monthly cost difficult to predict if you relocate

Discount Opportunities That Lower Your Average Monthly Cost

Farm Bureau advertises eight types of discounts that can reduce your average monthly cost:

1. Members Choice Bundling: Combine auto with home or other policies
2. Claim-Free: Reward for drivers with clean accident records
3. Good Student: Full-time students with strong grades qualify for reductions
4. Safe Young Driver: Teen insurance costs become more manageable
5. Low-Mileage: Drivers who commute less get rate reductions
6. Multi-Car: Insuring multiple vehicles on one policy reduces the average monthly cost per vehicle
7. Loyalty Credit: Long-term customers receive additional discounts
8. Paid-in-Full: Pay your entire premium upfront to lower the average monthly cost

Additionally, Farm Bureau’s annual “SuperCheck” audits your policy to identify any discounts you’ve missed—potentially lowering your actual average monthly cost further.

The Claims Process: How It Affects Your Bottom Line

When you file a claim, the process (though varying slightly by chapter) typically follows this path:

1. Review your policy: Confirm coverage before filing
2. Gather information: Collect policy number, incident details, photos, and involved parties’ information
3. Submit your claim: File online through FBFS.com, contact your local agent, or call 800-226-6383 (glass claims go through Safelite)
4. Work with an adjuster: Your assigned adjuster guides you through the review process
5. Receive payment: Once approved, payment is issued based on your deductible

Farm Bureau doesn’t enforce strict filing deadlines but recommends reporting incidents as soon as possible. Processing times vary by claim type and location:

• Roadside assistance or glass claims: 2 days
• Minor vehicle damage: 4 business days
• Major damage requiring inspection: 5 business days
• Total loss claims: 7 business days

Quick claims handling helps minimize disruption and supports the value you’re getting from your average monthly cost investment.

Mobile App Experience: Available in Select States

The Farm Bureau MobileAgent app (available in Arkansas, Colorado, Florida, Louisiana, Mississippi, and South Carolina) offers:

• Digital ID cards
• Bill payment options
• Roadside assistance requests
• Agent contact information
• Claims initiation from your phone
• DriveDown safe-driving rewards program (reduces deductible in participating states)

However, app ratings reveal a potential weakness. Despite competitive average monthly cost and strong repair networks, the app receives modest ratings:

• Apple App Store: 2.3 out of 5 stars
• Google Play Store: 2.0 out of 5 stars

This discrepancy between strong pricing and weak app ratings suggests that while Farm Bureau excels at affordability and claims service, their digital experience needs improvement.

How Farm Bureau’s Average Monthly Cost Compares

Farm Bureau vs. Progressive: Farm Bureau’s average monthly cost of $151 for full coverage significantly undercuts Progressive’s $205, though Progressive offers more consistent national service and a stronger mobile app.

Farm Bureau vs. National Averages: The average monthly cost of $151 for full coverage beats the national average of $190 by roughly 20%, making Farm Bureau particularly attractive for budget-conscious drivers.

Farm Bureau vs. American Family: These two tie for lowest average monthly cost in our analysis, both charging approximately $151 per month for full coverage.

Key Metrics Behind the Numbers

Our evaluation analyzed 20 auto insurance providers using these weighted criteria:

• Coverage options (20%): Features like new car replacement, GAP insurance, accident forgiveness
• Average cost (40%): Using machine learning models analyzing 3 million data points from Savvy Insurance Solutions
• Customer satisfaction (20%): NAIC complaint data (10%) combined with CRASH Network repair scores (10%)
• Discounts (10%): Points awarded per discount type offered
• App ratings (10%): Average ratings from Apple and Google stores

For pricing models, Savvy Insurance Solutions uses a standard policyholder profile: 48 years old, 13-year-old vehicle, average-income ZIP code. This standardization helps ensure the average monthly cost comparisons remain consistent across providers.

Is Farm Bureau Right for You?

Farm Bureau deserves serious consideration if your primary concern is average monthly cost. With competitive rates ($151 full coverage, $90 liability-only), high repair network rankings, and low complaint ratios (0.137 vs. 1.082 national average), they deliver solid value.

The main consideration: since each chapter operates independently, your experience—including exact average monthly cost, available coverage, and service quality—depends on your state. Before committing, check what your specific state’s Farm Bureau chapter offers and confirm they provide the coverage options and discounts that matter most to you.

The average monthly cost savings of $50+ per year compared to major competitors like Progressive, combined with strong repair networks and customer satisfaction scores, make Farm Bureau a compelling choice for many drivers looking for affordable, reliable auto insurance.