Farmers or MetLife: Which Company is Best for You?
| Important note: As of April 2021, The Farmers Insurance Group has acquired all MetLife auto and homeowners policies. MetLife Auto & Home is no longer affiliated with MetLife, Inc and policyholders will use Farmers services to manage their accounts. For more information on Farmers auto and home insurance policies, check out our Farmers Insurance Review. |
Picking a car insurer can be hard: every company's rates differ based on your driving history, age, and location, and every company's discounts differ. Farmers and MetLife are counted among the most popular insurance companies, offering competitively priced coverage in most regions.
To make insurance shopping seamless, we collected average prices from MetLife and Farmers. The below rates cover a number of rating factors, including credit, driving history, and age. Examine these figures and find your next car insurance policy today.
Seeking more information? Check out our reviews of Farmers and MetLife.
Farmers vs. MetLife: insurance rate comparison
Farmers vs. MetLife: rates by credit level
If you have extremely bad credit, Farmers could be the best option for you. Typically, Farmers offers more affordable prices than MetLife for drivers with credit scores of 579 or less. Drivers with extraordinary credit — a score of 800 or better — should lean toward View typical insurance rates by credit level for MetLife and Farmers below.
RATES BY CREDIT LEVEL: METLIFE VS. FARMERS
| Credit level | Farmers avg. annual premium | MetLife avg. annual premium |
| Very Poor (300-579) | $2,633 | $3,495 |
| Fair (580-669) | $1,736 | $2,131 |
| Good (670-739) | $1,882 | $1,778 |
| Very Good (740-799) | $1,459 | $1,517 |
| Exceptional (800-850) | $1,354 | $1,293 |
Farmers vs. MetLife: high-risk driver rates
If you're dealing with an at-fault collision, speeding violation, reckless driving citation, or DUI on your driving résumé, Farmers could be a better choice than MetLife. Every insurer will handle driving offenses differently, so don't hesitate to shop around to figure out which insurer is best for you.
RATES BY CITATION: METLIFE VS. FARMERS
| Violation | Farmers avg. annual premium | MetLife avg. annual premium |
| At-fault accident (damage < $1,000) | $2,334 | $2,598 |
| At-fault accident (damage > $1,000) | $1,699 | $1,679 |
| DUI/DWI | $3,239 | $3,219 |
| Reckless driving | $4,636 | $3,219 |
| Speeding ticket | $2,045 | $2,085 |
Farmers vs. MetLife: rates by age
Insurers rely on age to indicate risk, assigning rates accordingly. A car insurance policy is often expensive for teen drivers — due to their inexperience — and more affordable for middle-aged drivers. Since every insurance company evaluates ages differently, it's wise to compare rates and find great coverage.
As a general rule, teen drivers should choose MetLife instead of Farmers: the former's average annual rates are $84 less than the latter's..
RATES BY AGE: METLIFE VS. FARMERS
| Age tier | Farmers avg. annual premium | MetLife avg. annual premium |
| Teens | $6,518 | $6,434 |
| 20s | $2,020 | $2,457 |
| 30s | $1,543 | $2,457 |
| 40s | $1,511 | $1,590 |
| 50s | $1,507 | $1,520 |
| 60s | $1,402 | $1,414 |
Aside from finances, Farmers and MetLife each come with pros and cons, including their discount programs, add-ons, customer satisfaction ratings, and financial stability. Dive into the data before making your decision.
| Discount Comparison | Farmers | MetLife |
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| Good Student |
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| Student Away at School |
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| Green Vehicles |
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| Military |
| Ratings Comparison | Farmers | MetLife |
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| Financial Strength | Excellent | Excellent |
| JD Power Rankings | Excellent | N/A |
| User Satisfaction | 4.3/5 | 4.3/5 |
| Other Products | Farmers | MetLife |
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| Other Features | Farmers | MetLife |
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| About | Farmers Insurance Hawaii knows how important it is for you to protect your vehicle and save money. That’s why they offer discounts and benefits you may want, along with unparalleled customer and claim service. | Protect yourself and your family with custom-fit car insurance from MetLife Auto & Home®. Be covered in case of an accident or theft and save big by combining auto and home insurance. Get a quote. |
| Roadside Assistance | Farmer's Roadside Assistance provides assistance for reasonable and necessary services up to $150, including towing, roadside winching, locksmith services, flat tire changes, and jump starts. | MetLife offers optional Towing & Labor Coverage to reimburse drivers for towing and other roadside-assistance expenses. |
| Additional Discounts | Farmers offers an additional discount for seniors. | MetLife offers additional savings through a Deductible Savings Benefit (available in select states), which enables you to earn $50 every year in which a driver doesn't make a claim, up to a maximum of $250 that can be put toward the deductible in the event of a covered loss. |
| Recent Questions |
Will my Farmers insurance roadside assistance provide towing up to 250 miles?
Roadside assistance varies by insurance company. From my understanding, most towing and roadside assistance coverage offered as part of an auto policy either has a set dollar amount to cover a tow, covers towing up to 15 miles from your breakdown, or covers towing to the nearest repair facility.
See More Questions
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