Farmers
- Many discounts available.
- Highly rated mobile app.
- Low rate of consumer complaints.
- Rates higher than average in NerdWallet's analysis.
About Farmers renters insurance
Farmers renters insurance earned 4.4 out of 5 stars for overall performance. As one of the nation’s largest home insurers, Farmers offers a variety of useful features for renters. It has a user-friendly app and lets you manage your policy online. Its coverage is available in most U.S. states and may include up to $1,500 to help you recover from identity theft.
Best for: Renters seeking comprehensive coverage.
Not ideal for: Those looking for the cheapest possible policy.
Where Farmers stands out
Discounts. Farmers offers a variety of ways to save on your premiums.
Highly rated app. The Farmers mobile app gets strong reviews from Apple and Android users.
Customer satisfaction. Farmers draws a low rate of consumer complaints to state regulators.
Where Farmers falls short
Cost. Farmers renters insurance is more expensive than the national average, according to NerdWallet’s rate analysis.
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What Farmers renters insurance covers
Landlords sometimes require tenants to buy a policy with a minimum amount of liability insurance, but otherwise, the coverage you choose is generally up to you. Below are the four types of coverage included in most standard renters policies:
- Personal property
Personal property coverage can replace belongings such as furniture and electronics if they're stolen or damaged.
- Personal liability
Renters liability insurance pays out if you're responsible for injuring other people or damaging their property.
- Loss of use
Loss of use coverage pays for hotel stays, meals or other expenses if you have to live elsewhere while your home is repaired.
- Medical payments
Medical payments coverage pays to treat injuries to other people in your home, regardless of fault.
For more details, see What Does Renters Insurance Cover?
In addition to these standard types of coverage, a Farmers renters policy may include:
Replacement cost coverage. Pays for brand-new replacements if your belongings are stolen or damaged. (A standard renters policy pays only the value of your items at the time of the claim.)
Identity theft coverage, which offers up to $1,500 toward expenses related to identity theft. You can upgrade your policy to raise this limit and cover a broader range of costs.
Refrigerated food coverage, which pays up to $500 to replace food spoiled in a covered incident. There’s a $50 deductible.
Optional coverage
You may be able to add the following types of coverage to your renters policy:
Scheduled personal property coverage. If you own expensive items such as jewelry, furs or firearms, a standard renters policy may not provide enough coverage. You can buy extra insurance to cover these items individually.
Water backup coverage. Pays to repair damage from a backed-up drain or failed sump pump.
Flood insurance. Pays for damage due to tidal surge, snow melt or heavy rain. Learn more about flood insurance for renters.
Earthquake insurance. Pays for damage from earthquakes and other earth movement.
Farmers renters insurance rates
The average cost of Farmers renters insurance is $202 a year, or about $17 a month, according to NerdWallet’s rate analysis. That’s higher than the national average of $151 a year. Our analysis also found that Farmers’ average rates were higher than those of several other major insurers.
Company | Average annual rate |
|---|---|
$110 | |
$118 | |
$143 | |
$155 | |
$193 | |
$202 | |
USAA* | $146 |
*USAA renters insurance is available to active military, veterans, some federal workers and their families. | |
Rates are based on a sample renter with $30,000 in personal property coverage, $100,000 in liability coverage and a $500 deductible.
Discounts
Depending on where you live, you may be eligible for discounts if you:
Buy auto, life or umbrella insurance along with your renters policy.
Pay your renters insurance premiums on time.
Haven’t filed a claim for a specified amount of time.
Are a doctor, nurse, engineer, dentist, teacher, police officer or firefighter.
Are a new Farmers policyholder.
Sign up for paperless billing.
Where you live can make a big difference in how much you pay for renters insurance. People in areas with higher crime rates or a greater risk of natural disasters tend to pay higher rates. Learn more about renters insurance costs.
Consumer complaints and satisfaction
Complaints: One strong sign of consumer satisfaction is how many people complain about their insurance company to state agencies. Farmers scores highly on this measure, drawing a low proportion of home insurance complaints compared to other U.S. insurers.
How we determined our complaint scores We analyzed three years' worth of complaint data from the National Association of Insurance Commissioners. When comparing insurers, we accounted for company size and total premiums. NAIC home insurance complaints cover various policy types, including homeowners, renters, mobile home and condo insurance.
J.D. Power rating: Farmers renters insurance ranked below average for customer satisfaction in J.D. Power’s 2025 U.S. Home Insurance Study.
» MORE: The cheapest renters insurance
Where Farmers renters insurance is available
Farmers offers renters insurance in every U.S. state except Alaska, Delaware, Florida, Hawaii, Maine, New Hampshire, Rhode Island, South Carolina, Vermont and West Virginia. Policies are also unavailable in Washington, D.C.
Availability may change at any time. Coverage may not be available to all renters in a given state.
Consumer experience
Website: You can get a quote or find a local agent on the Farmers website. Once you’re a policyholder, you can also use the site to make payments and to report and track claims.
App: Renters can use the Farmers app to pay bills, see policy documents and manage payment options. The app is available for iOS and Android.
Claims: You can file and track claims online. If you need help, you can call Farmers’ claim number at 800-435-7764 or use the company’s chatbot.
Customer service: Representatives are available at 888-327-6335 from 7 a.m. to 11 p.m. CT weekdays and from 8 a.m. to 8 p.m. CT on weekends. You can also call your local agent or send a message through your online account.
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Other renters insurance companies to consider
Not ready to make a decision? You may be interested in these other renters insurance companies:
Other Farmers products
NerdWallet's reviews of other Farmers insurance products can help you find the right coverage for your needs:
How we review renters insurance
Our editorial team considers these factors when reviewing renters insurance companies:
- 📞 Customer experience
This rating is based primarily on consumer complaints to state regulators, as reported by the National Association of Insurance Commissioners. We also evaluate whether companies have customer-friendly features such as online claims filing and quotes.
- 🛡️ Coverage
We look at how companies cover your personal belongings and how many common optional endorsements they offer.
- 💲Affordability
We evaluate the discounts a company offers and, when available, its median rates.
- 🏦 Financial strength
We use AM Best and Demotech ratings to confirm each insurer’s long-term financial stability and ability to pay claims.
See our complete renters insurance rating methodology.
Why you can trust NerdWallet
In our research, we analyzed:
More than 175 million renters insurance rates.
More than 100 insurance companies.
More than 150 renter profiles.
Our writers and editors follow strict editorial guidelines that ensure fairness and accuracy in order to help you choose the financial products that work best for you. Here is a list of our partners and here’s how we make money.
Frequently asked questions
Does Farmers renters insurance cover fire?
Does Farmers renters insurance cover fire?
Yes, Farmers renters insurance will typically cover your belongings up to your policy limit if they’re damaged or destroyed in a fire. Your deductible would apply. So if a fire does $10,000 worth of damage and you have a $500 deductible, Farmers would pay $9,500.
Are any dog breeds excluded from coverage?
Are any dog breeds excluded from coverage?
Farmers evaluates renters insurance applications individually and may not provide liability insurance for dogs with a history of bites. Guidelines vary by state, so dog owners may want to go over the details with a local agent. Learn more about dog liability insurance.
What other types of insurance does Farmers offer?
What other types of insurance does Farmers offer?
Farmers also sells homeowners, umbrella, life, motorcycle and auto policies, among others.
Does Farmers renters insurance cover theft?
Does Farmers renters insurance cover theft?
A Farmers renters policy will cover your belongings if they’re stolen, minus your deductible. This coverage applies away from home, too. Say someone takes your laptop from your car or steals your bike while you're on vacation. These items would likely be covered. Note that you may need to buy extra coverage for certain expensive items like jewelry or watches. Learn more about jewelry insurance.
Does Farmers renters insurance cover water damage or leaks?
Does Farmers renters insurance cover water damage or leaks?
It depends. Renters insurance is designed for sudden accidents, so damage from burst pipes would usually be covered. Mold from a slow leak that your landlord never fixed would not. Flood damage isn’t covered, either; for that, you’ll need separate flood insurance for renters.
Article sources
NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.
- 1.J.D. Power. 2025 U.S. Home Insurance Study. Accessed Dec 16, 2025.
Renters insurance star ratings methodology
NerdWallet’s renters insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including affordability, financial strength, consumer experience and coverage options. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our full renters insurance rating methodology.
Insurer complaints methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners from 2022 through 2024. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.
Renters insurance rates methodology
To find the average cost of renters insurance in the U.S., NerdWallet calculated the median rate for 30-year-old tenants from multiple insurance companies in every ZIP code across all 50 states and Washington, D.C. Sample tenants were nonsmokers with good credit and no recent claims, living in a two-bedroom apartment. They had a $500 deductible and the following coverage limits:
$30,000 in personal property coverage.
$100,000 in liability coverage.
$10,000 in additional living expenses coverage.
$1,000 in medical payments coverage.
We made minor changes to the sample policy in cases where rates for the above coverage limits or deductibles weren’t available.
We then compared the insurer's median rates to the median rates for other companies.
These are sample rates generated through Quadrant Information Services. Your own rates will be different.
