Farmers Automobile Insurance Assn Informative - Sudden Rate Increases
LITTLE ROCK, ARKANSAS -- I've had car insurance with Farmers for over 25 years, and I have a great agent. Premiums have been stable with small or no increases. The prior 6-month payment increased by $27. Today, I received a bill for the next 6 months, and it jumped by $114. That's nearly $150 in one year after 25 years of stability. I've been very happy with this company, but I won't pay the higher rates.
Nothing has changed on my end -- no accidents, tickets, no claims filed in 25 years. I would be interested to know if other Farmers' auto insurance customers are seeing the same price jumps? Before I change companies, I will discuss it with my agent.