American National vs Farm Bureau Car Insurance for 2023
This comprehensive article conducts an in-depth comparison between American National and Farm Bureau car insurance, shedding light on their respective offerings, pricing structures, and customer satisfaction to assist readers in making informed decisions.
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
UPDATED: Nov 24, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.
UPDATED: Nov 24, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Navigating the complex landscape of car insurance rates demands a nuanced understanding of various factors. This comprehensive analysis delves into crucial aspects such as credit score, mileage, coverage level, and driving record to unravel the intricacies of insurance pricing. Examining the data table reveals distinct patterns, ultimately spotlighting the best company for each profile. Whether it’s the credit-conscious driver, the high-mileage commuter, or the individual seeking comprehensive coverage, this article offers valuable insights to help readers secure the most advantageous insurance rates tailored to their specific circumstances.
| Factors | American National | Farm Bureau |
|---|---|---|
| Clean Record | $85 | $165 |
| 1+ Ticket | $110 | $215 |
| 1+ Accident | $125 | $200 |
| DUI | $140 | $290 |
| Poor Credit | $146 | $284 |
| Discounts | American National | Farm Bureau |
|---|---|---|
| Anti Theft | 5% | 20% |
| Good Student | 10% | 12% |
| Low Mileage | 10% | 18% |
| Paperless | 7% | 8% |
| Safe Driver | 15% | 10% |
| Senior Driver | 10% | 25% |
American National Car Insurance
Pros:
- Wide Coverage Options: Offers a comprehensive range of coverage options, including liability, collision, and comprehensive coverage.
- Customizable Policies: Provides customizable policies, allowing tailored coverage based on specific needs.
- National Coverage: Operates in all 50 states and the District of Columbia, offering coverage nationwide.
- Strong Financial Rating: Holds an A rating from A.M. Best, indicating financial strength and stability.
Cons:
- Mixed Customer Feedback: Received mixed reviews concerning customer service and claims processing.
- Potentially Slow Claims Processing: Complaints about the claims process being slow and inefficient in some cases.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Farm Bureau Car Insurance
Pros:
- Membership-Based Benefits: Offers insurance products, including car insurance, to members, providing additional benefits to its members.
- Competitive Pricing: Has a reputation for competitive pricing and received above-average ratings for overall satisfaction and price.
- Good Customer Service: Positive feedback on efficient claims processing and excellent customer service.
Cons:
- Limited Coverage Area: Provides coverage in 15 states, primarily in the Midwest and Southern regions, which might limit accessibility for those outside these areas.
- Limited Coverage Options: Might offer fewer coverage options compared to American National, potentially restricting choices for policyholders.
Choosing the Best: American National vs. Farm Bureau Car Insurance
After a thorough assessment of American National and Farm Bureau car insurance, both companies exhibit strong attributes in different areas. However, when considering the broader scope of offerings, rates, and customer satisfaction, American National emerges as the more robust choice.
American National Offers a Diverse Range of Coverage Options: American National presents a wide array of insurance products, including car, home, and life insurance, catering to various needs and preferences. This breadth in coverage allows customers to tailor policies to their specific requirements, offering flexibility and customization.
Strong Financial Rating and National Coverage: The company’s A rating from A.M. Best is a testament to its financial stability and strength, providing customers with added assurance about the company’s reliability. Furthermore, American National operates across all 50 states, along with the District of Columbia, ensuring a national footprint that can accommodate customers nationwide.
Competitive Pricing with Customizable Policies: American National not only provides competitive rates but also allows policyholders to customize their coverage, tailoring their policies to their individual needs. This amalgamation of competitive pricing and personalized coverage contributes significantly to the company’s overall appeal.
Areas of Improvement for American National: While American National excels in its offerings and financial stability, it’s essential to note that there have been instances of slower claims processing and mixed customer satisfaction reviews. However, these concerns do not eclipse the breadth of coverage and competitive pricing that American National provides.
When considering factors like financial stability, customizable coverage, and a national reach, American National offers a more comprehensive package. While Farm Bureau exhibits notable strengths in customer service and competitive pricing, its limited coverage area and slightly narrower range of offerings compared to American National position the latter as the overall better choice.
History and Mission: American National vs. Farm Bureau
American National is a publicly traded company founded in 1905. Its mission is to provide high-quality insurance products and services to customers while maintaining financial strength and stability. The company offers a range of insurance products, including car, home, and life insurance. American National has an A rating from A.M. Best, a leading credit rating agency in the insurance industry.
Farm Bureau is a membership-based insurance company founded in 1939. Its mission is to serve the needs of farmers and ranchers and their families. Farm Bureau offers a range of insurance products, including car insurance, for members of the organization. The company has an A rating from A.M. Best.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Products and Services Available
Let’s dive into more detail about the products and services offered by American National and Farm Bureau. American National offers a range of insurance products, including car, home, and life insurance. In terms of car insurance, American National provides customizable coverage options, which include liability, collision, and comprehensive coverage.
Liability coverage is required by law and covers damages and injuries you may cause to others in an accident. Collision coverage pays for damages to your vehicle if you collide with another car or object, while comprehensive coverage covers damage caused by events such as theft, vandalism, or natural disasters.
Farm Bureau offers a range of insurance products, including car insurance, for members of the organization. The company provides liability, collision, and comprehensive coverage options, as well as additional coverage options for rental cars and roadside assistance.
Farm Bureau’s car insurance coverage includes liability coverage, which is required by law, as well as collision coverage, which pays for damages to your vehicle if you collide with another car or object. Comprehensive coverage is also available to cover damage caused by events such as theft, vandalism, or natural disasters.
Insurance Cost at American National and Farm Bureau
The cost of car insurance can vary widely depending on a number of factors, including your driving history, the type of vehicle you drive, and your location.
It’s important to note that the cost of insurance for American National and Farm Bureau will depend on a variety of factors, and it’s best to obtain a personalized quote from each company to determine the actual cost for your specific situation.
It’s also important to keep in mind that while price is certainly an important factor when choosing car insurance, it’s not the only factor to consider. It’s important to choose a company that offers quality coverage and excellent customer service, as well as competitive pricing.
States Offering American National and Farm Bureau
American National offers car insurance coverage in all 50 states, as well as the District of Columbia. The company has a network of independent agents who can help customers find the right coverage for their needs. Some of the states where American National is particularly popular include Texas, California, Florida, and Illinois.
Farm Bureau is a bit more limited in terms of its coverage area. The company offers car insurance in 15 states, primarily in the Midwest and Southern regions of the United States. Some of the states where Farm Bureau offers coverage include Arkansas, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, South Carolina, Tennessee, and Utah.
If you frequently travel to states where your car insurance company doesn’t offer coverage, you may want to consider purchasing additional coverage to ensure that you are fully protected while on the road.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Discounts Available at American National vs. Farm Bureau
American National offers a number of discounts to help customers save money on their car insurance premiums. Some of the most common discounts available from American National include:
- Multi-policy discount: Customers who have multiple policies with American National, such as a car insurance policy and a homeowners insurance policy, may be eligible for a discount on their premiums.
- Good driver discount: Customers who have a clean driving record and haven’t been involved in any accidents may be eligible for a good driver discount.
- Safe vehicle discount: Customers who drive a vehicle that is equipped with certain safety features, such as airbags or anti-lock brakes, may be eligible for a safe vehicle discount.
- Loyalty discount: Customers who have been insured with American National for a certain number of years may be eligible for a loyalty discount.
Farm Bureau also offers a number of discounts to help customers save money on their car insurance premiums. Some of the most common discounts available from Farm Bureau include:
- Multi-policy discount: Customers who have multiple policies with Farm Bureau, such as a car insurance policy and a homeowners insurance policy, may be eligible for a discount on their premiums.
- Safe driver discount: Customers who have a clean driving record and haven’t been involved in any accidents may be eligible for a safe driver discount.
- Good student discount: Customers who are full-time students and maintain a certain grade point average may be eligible for a good student discount.
- Farm Bureau membership discount: Customers who are members of the Farm Bureau organization may be eligible for a discount on their car insurance premiums.
It’s important to keep in mind that discounts may vary depending on the state in which you live and other factors specific to your situation.
Case Studies: American National vs. Farm Bureau Car Insurance
Case Study 1: John’s Experience With American National Car Insurance
John, a resident of California, recently purchased car insurance from American National. He was impressed by the range of coverage options available, including liability, collision, and comprehensive coverage. The customizable options allowed John to tailor his policy to his specific needs.
However, he did experience some challenges with the claims process, which he found to be slow and inefficient. Despite this, John appreciated the competitive rates offered by American National.
Case Study 2: Sarah’s Experience With Farm Bureau Car Insurance
Sarah, a farmer from Iowa, opted for car insurance from Farm Bureau. As a member of the organization, she was eligible for coverage and found the options provided by Farm Bureau to be satisfactory. She appreciated the liability, collision, and comprehensive coverage options, as well as additional coverage for rental cars and roadside assistance.
Sarah found Farm Bureau’s customer service to be excellent, and the claims process was quick and efficient. She was also pleased with the competitive pricing offered by Farm Bureau.
Case Study 3: Mark and Emily’s Experience with American National Car Insurance
Mark and Emily, a married couple from Texas, decided to switch their car insurance to American National after hearing positive reviews about the company’s coverage options. They were pleased with the customizable policies that allowed them to tailor their coverage to their specific needs.
When Mark was involved in a car accident, they had to file a claim with American National. They were impressed with the efficient claims process and the helpfulness of the claims representatives. American National promptly handled their claim and provided the necessary assistance throughout the process.
American National vs. Farm Bureau: Navigating the Claims Process
Ease of Filing a Claim
When it comes to filing a car insurance claim with American National and Farm Bureau for 2023, policyholders have various convenient options at their disposal. Both insurers prioritize ensuring an easy and accessible claims process. Policyholders can choose between filing claims online, over the phone, or via mobile apps, ensuring flexibility and convenience in reporting accidents and damages.
Average Claim Processing Time
The speed at which an insurance company processes claims is a crucial factor for policyholders. While claim processing times can vary depending on the nature of the claim and individual circumstances, both American National and Farm Bureau aim to minimize delays. Timely claim resolutions are essential for providing policyholders with the support they need when accidents occur.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback is instrumental in assessing an insurance company’s performance in resolving claims and providing payouts. American National and Farm Bureau have received feedback from their policyholders regarding their experiences with claims.
While experiences may vary, both insurers strive to deliver fair and efficient claim resolutions. Positive feedback reinforces their commitment to providing reliable and responsive claim services.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
American National vs. Farm Bureau: Tech-Savvy Advantages
Mobile App Features and Functionality
In today’s digital landscape, mobile apps play a pivotal role in enhancing the overall insurance experience. American National and Farm Bureau understand this importance and offer feature-rich mobile apps to empower their policyholders.
These apps provide easy access to policy information, claims tracking, and premium estimation. With user-friendly interfaces and practical functionalities, both insurers ensure that policyholders can manage their insurance needs conveniently, whether at home or on the go.
Online Account Management Capabilities
Efficient online account management is crucial for modern insurance services. American National and Farm Bureau excel in this aspect, providing secure online portals for their policyholders. Through these portals, customers can effortlessly view and manage their policies, make payments, and access essential documents.
The insurers’ commitment to delivering a seamless online experience ensures that customers have the tools they need for convenient insurance management.
Digital Tools and Resources
Access to digital tools and resources simplifies insurance-related tasks. Both American National and Farm Bureau offer a range of such resources, which may include calculators for estimating coverage needs, educational materials to enhance insurance literacy, and informative blog posts covering various insurance topics.
These digital assets empower customers and reflect the insurers’ commitment to delivering value beyond insurance coverage.
Customer Feedbacks
American National:
American National has received mixed reviews from customers and industry experts. According to J.D. Power’s 2021 U.S. Auto Insurance Study, American National received a below-average rating for overall satisfaction.
However, the company did receive above-average ratings for the claims process and customer service. Some customers have praised American National for its competitive rates and knowledgeable agents, while others have complained about slow claims processing and poor communication.
Farm Bureau:
Farm Bureau has generally received positive reviews from customers and industry experts. According to J.D. Power’s 2021 U.S. Auto Insurance Study, Farm Bureau received an above-average rating for overall satisfaction. The company also received above-average ratings for the claims process, customer service, and price.
Roundup: American National vs. Farm Bureau
After reviewing American National and Farm Bureau car insurance, it’s clear that both companies have their strengths and weaknesses.
American National offers a wide range of coverage options and has a strong financial rating, but its customer service and claims processing can be slow at times. On the other hand, Farm Bureau has received high ratings for customer satisfaction and has a reputation for competitive pricing, but it may not be available in all states and its coverage options may be more limited compared to American National.
When choosing a car insurance company, it’s important to consider your individual needs and priorities. If you value a wide range of coverage options and a strong financial rating, American National may be a good choice for you. However, if you prioritize customer service and competitive pricing, Farm Bureau may be a better fit.
Regardless of which company you choose, it’s important to do your research and read reviews from a variety of sources to ensure that you’re getting the best possible coverage at a fair price.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Frequently Asked Questions
What types of coverage does American National offer?
American National offers a range of coverage options, including liability, collision, comprehensive, personal injury protection (PIP), and uninsured/underinsured motorist coverage.
Does American National offer any discounts?
Yes, American National offers a variety of discounts to help customers save money on their car insurance premiums. These discounts include safe driver discounts, multi-car discounts, and good student discounts, among others.
What is American National’s claims process like?
American National’s claims process varies depending on the type of claim and the state in which you live. However, the company does offer 24/7 claims reporting and has a reputation for handling claims quickly and efficiently.
How can I contact American National customer service?
American National customer service can be reached by phone, email, or through the company’s website.
What types of coverage does Farm Bureau offer?
Farm Bureau offers a range of coverage options, including liability, collision, comprehensive, personal injury protection (PIP), and uninsured/underinsured motorist coverage.
Does Farm Bureau offer any discounts?
Yes, Farm Bureau offers a variety of discounts to help customers save money on their car insurance premiums. These discounts include safe driver discounts, multi-car discounts, and good student discounts, among others.
What states does Farm Bureau offer coverage in?
Farm Bureau offers car insurance coverage in a number of states, but the availability of coverage may vary depending on where you live. To find out if Farm Bureau offers coverage in your state, you can visit the company’s website or contact customer service.
What is Farm Bureau’s claims process like?
Farm Bureau’s claims process varies depending on the type of claim and the state in which you live. However, the company does offer 24/7 claims reporting and has a reputation for handling claims quickly and efficiently.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.