Farmers and Amica are both well established insurance and financial services providers that have been serving the US for many decades. Both organizations have grown from small beginnings to become leaders in their industry through innovation, smart investments, and sound business practices.
Farmers and Amica have both weathered some of the worst financial storms in the nation’s history, and emerged strong, stable, and even profitable without having to pass any burdens onto their customers.
Read through this Amica and Farmers car insurance comparison to decide which company is best suited for you and then enter your zip to compare car insurance rates from many top auto insurance companies!
Automobile Mutual Insurance Company of America
Amica is one of the oldest insurance providers in the United States and began as a small auto insurance company in 1907. The Automobile Mutual Insurance Company of America, as it was called, was founded on innovative thinking and sound investment strategies that enabled them to actually show a profit during the Great Depression. Amica began in the hands of its policy holders, and this is true of the company today. With over one hundred years of service and JD Power’s “Highest in Customer Satisfaction” ten years in a row, Amica’s history and reputation speak for themselves.
Farmers Insurance Group
Farmers Insurance Group started in 1928, just as the Great Depression was approaching, and managed to endure the turmoil while growing and expanding its services at the same time. Farmers began in a one room office offering only limited automobile coverage, and grew into one of the largest insurance providers in the nation with over twenty thousand employees operating in forty-one states.
Today Farmers holds claim to over fifteen million customers, reportedly with over four thousand more switching to them every day. Amica is the smaller of the two with just three thousand employees, but is the oldest operating mutual insurance company in the nation.
Farmers and Amica are similar in just about all of their insurance services with some of the main services being:
- Automobile Coverage
- Homeowners Insurance
- Life Insurance
- Umbrella or Universal Coverage
Ratings and Customer Service
Amica and Farmers both have great company ratings with A.M. Best and Moody’s, Amica holds a slightly higher “A++” rating while Farmers rates at an “A” with A.M. Best, and have great customer service records. Amica has won several customer service awards including the JD Power “Highest in Customer Satisfaction”.
Both organizations have also embraced the internet by utilizing online claims services, 24 help lines and live representatives to make navigating through the claims process quick and easy.
Both organizations also have a variety of financial services including annuities, mutual funds, and other forms of property and casualty protection. Amica and Farmers are very much alike with the main differences being the size of the two, the type of company, and length of operation.
Amica has been around about twenty years longer than Farmers and has fewer employees, while Farmers has more employees and customers but operates in fewer states.
Quotes from Amica and Farmers
You can compare quotes from both Amica and Farmers by visiting their website but why not compare quotes from many top companies by entering your zip now!
