Review of Farm Bureau Insurance

Farm Bureau Insurance - a division of FBL Financial Group, started as an insurance company to service the Iowa Farm Bureau Federation more than 60 years ago. They provide insurance services for 15 Midwestern and Western states, including auto insurance, life insurance, home/property insurance as well as farm and ranch insurance. In those states where insurance coverage is offered, they have a large number of insurance agents available to help provide services and quotes.

For homeowners, Farm Bureau Insurance offers a full range of products and services to protect them, their investment and even visitors to their house. Coverage Options include:

• Actual Cash Value Insurance This insurance reimburses a homeowner for covered loses to the home and is depreciated based on the age, condition and worth of the home.
• Guaranteed Replacement Cost Insurance This pays up to 125% of the value of the home if it ever needs to be replaced. The beauty of this insurance is that it can pay to completely replace your home even in disaster situations when the cost of building materials or replacement would make the costs worth more than your actual home value.
• Replacement Cost Insurance This insurance is for replacing damaged areas of your home and it is done without regard to depreciation.

Other optional insurances offered to homeowners include personal property insurance, for replacing personal effects in case they are damaged like in a fire or flood, insurance for other buildings on the property like sheds or detached garages, and an extended umbrella liability insurance for additional protection for visitors to the property.

Farm Bureau Insurance offers a separate insurance for owners of manufactured or mobile homes, condominiums, or renters which allows them to offer coverage for every lifestyle of living.

The parent company, FBL Financial Group, is publicly traded on the New York Stock Exchange and has a history of contributing to the communities that they serve - most notably those in Iowa where the company began. They currently have more than 20,000 employees and 1,900 agents in the fifteen states that they serve, providing a passable level of service according to many reviews online.