My first job with insurance started shortly after I was married in 1981. I was 18-years-old and my parents told me I had to switch my auto insurance into my name. I dropped into the local Farmer’s Insurance office to transfer the policy. I met John P. Woods a local Farmer’s Insurance Agent in El Cajon, California. He was the best teacher I ever had in the area of business. Customer Service was his number one goal.
I learned how to rate insurance before computers were part of the business world. It was interesting, and gave me an insight to how insurance really works. My boss paid over $5,000 for his first computer and the special software to quote Farmers auto and homeowner insurance. It was amazing how close our software actually came! We were thrilled with the dot-matrix printer and all of it’s tear-off paper pieces.
The Farmers Insurance Group of Companies was founded in 1928 and today, is the third-largest private passenger auto and homeowners insurance writer in the country. Based in Los Angeles, California, Farmers Insurance Group of Companies operates in 41 states with 18,000 employees. Farmers services over 15 million customers.
AM Best gives the Farmers Insurance Group of Companies a Financial Strength rating of A (excellent) with a stable outlook.
A Best’s Financial Strength Rating is an independent opinion, based on a comprehensive quantitative and qualitative evaluation, of a company’s balance sheet strength, operating performance and business profile.
Farmers Insurance Group of Companies offers insurance coverage for:
Farmers can also offer Speciality Insurance for:
- Mobile Homes
- Specialty Homeowners
- Motor Homes
- Travel Trailers.
For more information on Farmers specialty products, please visit Foremost.com.
Farmers offers a great website with Quotes, account management, tools and helpful information. The website offers an Agent Locator which is nice because your account will be assigned to an office in the area, where a real live person can talk with you, or assist you with your insurance needs.
Farmers is a great company to work for and with. When you work as a Farmers employee, education and opportunity for growth abounds. Farmer’s employees receive benefits, bonuses and bonus programs. Employees can participate in company-sponsored pension plans, and profit sharing.
Employees of Farmers Insurance can qualify for reimbursement of for college and post-graduate education costs. Farmer’s has internship programs for motivated business students.
Glossary of Insurance Terms:
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