Did Farmers Buy MetLife?
Yes, Farmers Insurance bought MetLife's home and auto insurance business. The purchase was agreed to in December 2020 and finalized in April 2021, but current MetLife customers will see no changes to their policies and will only receive new paperwork with Farmers branding.
Is Farmers owned by Zurich?
In 1998, Farmers Group, Inc. was acquired by Zurich Financial Services.
Why is Farmers Insurance Expensive?
WalletHub, Financial Company
Farmers is so expensive because of agent commissions and rising costs overall for insurance companies. At $1,073 per year, the average Farmers car insurance policy is a lot more expensive than the national average of $720 for a policy with minimum coverage.
How do I cancel my farmers life insurance policy?
To cancel Farmers insurance, the policyholder must contact their agent directly or call customer service at 1-888-327-6335. The cancellation can be arranged for a future date or set to take effect immediately. You will need your name, policy number, and the date you want your policy to end.