Financial strength ratings represent the opinions of rating agencies regarding the ability of an insurance company to meet its financial obligations to policyholders and contract holders. 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.
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.
Farm Bureau Property & Casualty Group is among 55 insurers recognized by A.M. Best Review for consistently maintaining an A.M. Best Rating of A or higher for the past 50 years, even through extreme weather and challenging economic times.
|Insurer Financial Strength Ratings ||Rating ||Source ||Outlook |
| Farm Bureau Life Insurance Company ||A (Excellent) || A.M. Best ||Stable |
| Farm Bureau Property & Casualty Company ||A (Excellent) ||A.M. Best ||Stable |
| Western Agricultural Insurance Company ||A (Excellent) ||A.M. Best ||Stable |
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.