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鈥檙e proud to be named by Forbes in their 鈥淎merica鈥檚 Best Insurance Companies鈥 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鈥檙e one of 84 companies to have been named on the list.
The survey considered customers鈥 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鈥檚 50
Ward鈥檚 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鈥檚 50庐 list 24 times, most recently in 2023. Farm Bureau Property & Casualty Insurance Company has been recognized on the Property-Casualty Ward鈥檚 50庐 list 9 years in a row, most recently in 2023.
A.M. Best
A.M. Best ratings for insurance companies range from 鈥淎++鈥 to 鈥淪.鈥 A.M. Best indicates that A and A- (Excellent) ratings are assigned to those companies that, in A.M. Best鈥檚 opinion, have an excellent ability to meet their ongoing obligations to policyholders. Our companies have been rated by A.M. Best Company, Inc. (鈥淎.M. Best鈥)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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