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As a locally-based company, Indiana Farm Bureau is active in its community, participating in a number of community services for Indiana residents. With a primary focus on youth and agriculture, this company also strongly supports wellness and safety in their community through programs and sponsorships.
It’s important to note that you cannot buy a policy without being a member of the Indiana Farm Bureau. Aside from offering access to insurance policies, this organization offers a variety of discounts on things like prescription drugs and hotel stays, and plenty more. Membership operates like a co-op, with all members paying annual dues and having a vote in the policies of the organization. These dues are in addition to insurance premiums.
Indiana farm Bureau offers auto insurance for individuals. There are no dedicated policies for other types of vehicles, but you can add endorsements for your motorcycle, ATV, RV or other vehicle. Standard coverages are offered for auto policies, including liability, collision, comprehensive and uninsured motorist. Other endorsements can be added to cover things like rental reimbursement and towing costs.
A special product offered by Indiana Farm Bureau is the VALET auto program, an acronym for a bundled policy that offers lower premiums than if all of the included endorsements were purchased separately. This plan includes coverage for rental vehicles and total loss replacement when a new vehicle is destroyed in a covered loss.
Discounts are offered to customers who carry property insurance (such as homeowners insurance) with them as well. You can also save by insuring multiple vehicles, being a good student or having an accident-free driving record.
Home Insurance & Life Insurance
Indiana Farm Bureau sells home insurance that covers your home, its contents and related structures on your property as well as personal liability coverage. In addition, condo-dwellers and renters can obtain coverage.
The company also offers optional earthquake insurance, which many other insurers do not.
Aside from property insurance, Indiana Farm Bureau also offers both term and permanent life insurance to individuals. It also sells a “return of premium” policy, which offers you the chance to receive your premiums back at the end of a 20 or 30 year term.
Regardless of which life insurance policy you choose, you can customize it with several riders. A child rider lets you add your children to your own life insurance policy rather than taking out separate policies for them. The crisis care rider works like supplemental medical insurance to provide assistance in the face of serious health emergencies like a heart attack or cancer. Additionally, you can purchase a waiver of premium in the event that you become disabled during your insurance term.
Farm & Business
As its name would suggest, Indiana Farm Bureau does offer farm and crop insurance and is the primary insurer in the state for this product.
Additionally, several types of commercial property and liability policies are available for Indiana business owners. Coverages will vary depending on the type of business being insured, with a number of specialty packages offered for different industries.
You can get a quote on the company’s website or by calling an agent; you can easily search for agents in your area here.
The online quote is a one-page form that asks for basic information about you and your vehicle. The form was quite easy to fill out and requires your Social Security number (SSN) and your drivers license.
You can easily find claims information on the website by choosing the “Claims” option from the main menu on the homepage. There are separate online claims forms for each type of policy, so be sure you click the right link. Although only insureds can report claims online; others can file over the phone by calling 800-723-3276.
Indiana Farm Bureau Insurance has been accredited with the Better Business Bureau since 1954 and currently has an “A+” rating on the site. The BBB website lists 7 complaints for this company, with only one of them being in the last 12 months.
There are few consumer reviews on other sites, and overall the company is well-rated as an employer on Indeed and Glassdoor, indicating that employees are pleased with working for the company.
The company’s Facebook has over 4,200 “likes” but no area for reviews or ratings. There are a handful of negative visitor posts regarding issues waiting for a representative to call back or cancelling a policy.
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Overall, Indiana Farm Bureau seems like a good choice for Indiana residents, particularly those who are already interested in the benefits offered by the parent organization. Its small geographic reach makes it hard to find a lot of additional information about the company, but what is reported seems mostly positive.
For a list of companies that we recommend, visit our Best Insurance Companies page.