1A.M. Best has 13 active-company insurance company ratings and reflect the current and independent opinion of a company's ability to meet its obligations to policyholders, and are derived by evaluating a company's balance sheet strength, operating performance and business profile. The A.M. Best rating scale is A++ (Superior), A+ (Superior), A (Excellent), A-(Excellent), B++ (Very Good), B+ (Very Good), B (Adequate), B-(Adequate), C++ (Fair), C+ (Fair), C (Marginal), C-(Marginal) and D (Poor). A.M. Best's ratings are not a warranty of an insurer's current or future ability to meet obligations to policyholders, nor are they a recommendation of a specific policy, contract, rate or claim practice.
Awards
Forbes
We’re proud to be named by Forbes in their “America’s Best Insurance Companies” ranking for the third consecutive year. More than 15,000 consumers across the United States participated in a survey evaluating insurance companies. Of the 3,200 providers evaluated, we’re one of 84 companies to have been named on the list.
The survey considered customers’ overall recommendation, their general satisfaction, loyalty and six subdimensions, including financial advice, customer service, price/performance ratio, transparency, digital services and damage/benefit ratio.
We Rank in 3 Categories:
- #4 Permanent Life
- #20 Homeowners
- #25 Auto
Ward’s 50
Ward’s 50 qualifying companies are selected for outstanding financial results in the areas of safety, consistency and performance over a five-year period. Farm Bureau Life Insurance Company has been named to the Life-Health Ward’s 50® list 24 times, most recently in 2023. Farm Bureau Property & Casualty Insurance Company has been recognized on the Property-Casualty Ward’s 50® list 9 years in a row, most recently in 2023.
A.M. Best
A.M. Best ratings for insurance companies range from “A++” to “S.” A.M. Best indicates that A and A- (Excellent) ratings are assigned to those companies that, in A.M. Best’s opinion, have an excellent ability to meet their ongoing obligations to policyholders. Our companies have been rated by A.M. Best Company, Inc. (“A.M. Best”)1 for more than 50 years and have consistently earned Excellent ratings.
Farm Bureau Property & Casualty Group is among an elite group of insurers recognized by A.M. Best Review for consistently maintaining an A.M. Best Rating of A or higher for more than 75 years.
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