Farmers Insurance Overview

Industry
Insurance
Headquarters
Employees
19,000
Founded In
Website
Organization Type
Private
CEO
Farmers not only prides itself on helping you plan wisely for the unexpected, but also on helping restore order when it occurs, so you can keep moving along the road of your life's plans. In 1959 a Farmers customer wrote us a letter of surprised gratitude when his car battery was replaced just an hour after it was stolen. A letter from a couple in 2002 wrote that their Farmers agent and Claims Adjuster “were exceptional in their handling of our grief, what we needed to do, and helpful in many other ways.” That same year, when Hurricane Rita struck Beaumont, Texas, Farmers sent 300 agents to assess damages while policy holders were evacuated. Farmers also donated $100,000 for the city's emergency operations center and two megawatt generators that restored power to Beaumont. Whatever year or decade a disaster occurs, you can count on us to be there for you. Today, the companies comprising the Farmers Insurance Group of Companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.
The staff at Farmers Insurance come from unusually diverse demographic backgrounds. The company is 55.8% female and 41.6% ethnic minorities. Farmers Insurance employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 60.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Farmers Insurance seem to be happy. The company has great employee retention with staff members usually staying for 4.5 years. The average employee at Farmers Insurance makes $43,125 per year. Pay at Farmers Insurance is significantly lower than some of its highest paying competitors, like The Travelers Companies, Mutual of Omaha, and New York Life Insurance, which pay $66,351, $62,751, and $62,006, respectively.
Farmers Insurance is an industry leader with 12,740 employees and an annual revenue of $11.7B that is headquartered in Los Angeles, CA.

The Organization’s Mission

Farmers ambition statement is to be the leader in delivering peace of mind, innovating for customers whenever and wherever they need us.

Perks of Working at Farmers Insurance

Farmers provides a comprehensive benefits package that includes medical/prescription drugs, dental, vision, life and accident insurance, 401k, paid days off, flexible hybrid and remote work opportunities, and more.

3.2/5

Employee Reviews

Based On 18 Ratings

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Job Openings
242 Positions
Average Salary
$43,125 yearly

Farmers Insurance Reviews

Employee Reviews

4.6/5
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Employee Reviews

3.0
Dec 2022
Pros

Commissions, bonus, renewal income

Cons

My Boss/Agency owner

Benefits

Since I work at an agency, my co-workers

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4.0
Nov 2021
Pros

My team had the most amazing people

Cons

Its insurance

Benefits

They had multiple locations you could work from until the consolidated their offices.

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3.0
Oct 2021
Pros

coworkers are nice

Cons

Immense pressure to sell, with little guidance on how to do so and uncompetitive rates.

Benefits

Free food

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The Culture At Farmers Insurance

Information provided by the company
What makes Farmers Insurance a great place to work?
What is the culture like at Farmers Insurance?
What benefits does Farmers Insurance provide to employees?
What does Farmers Insurance do to give back to society and the community?

The Team At Farmers Insurance

Key People

Jeffrey Dailey

The Inside Scoop

Farmers Insurance Rankings

Farmers Insurance is ranked #22 on the Best Insurance Companies to Work For in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Farmers Insurance Salaries

7.8
Salary Score
The national average salary for a Farmers Insurance employee in the United States is $43,125 per year. Employees in the top 10 percent can make over $74,000 per year, while employees at the bottom 10 percent earn less than $24,000 per year.
Average Farmers Insurance Salary
$43,125
yearly
$20.73 hourly
Updated March 16, 2023
Average Employee Earnings
GEICO
$44,417
Allstate
$42,604
State Farm
$40,016

Highest Paying Jobs At Farmers Insurance

RankJob TitleAvg. SalaryHourly Rate
1Subject Matter Expert$111,151$53
2Senior Software Engineer$103,393$50
3Java Developer$101,587$49
4Business Analyst$93,179$45
5Applications Developer$91,571$44
6Senior Advocate$91,113$44
7Development Team Member$88,439$43
8Business Consultant$87,002$42
9Quality Assurance Analyst$84,858$41
10Personal Lines Underwriter$78,898$38
11Account Executive$75,501$36
12Team Leader$67,893$33
13Marketing Specialist$64,765$31
14Recruiter$54,324$26
15Property Adjuster$52,940$25
16Commercial Underwriter$52,812$25
17Claims Adjuster$49,923$24
18Office Manager$49,100$24
19Claim Processor$47,742$23
20Total Loss Specialist$43,379$21

Farmers Insurance Diversity

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Farmers Insurance Gender Distribution

Male
Male
44%
Female
Female
56%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Farmers Insurance. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Farmers Insurance has 12,740 employees.

  • 56% of Farmers Insurance employees are women, while 44% are men.

  • The most common ethnicity at Farmers Insurance is White (58%).

  • 20% of Farmers Insurance employees are Hispanic or Latino.

  • 9% of Farmers Insurance employees are Asian.

  • The average employee at Farmers Insurance makes $43,125 per year.

  • Farmers Insurance employees are most likely to be members of the republican party.

  • On average, employees at Farmers Insurance stay with the company for 4.5 years.

Biggest Farmers Insurance Locations

RankCityJob CountAvg. Salary
1Los Angeles, CA14$48,938
2San Antonio, TX11$44,265
3San Jose, CA8$49,278
4Phoenix, AZ5$43,457
5Dallas, TX5$43,550
6Chicago, IL4$44,545
7San Diego, CA4$48,806
8Austin, TX4$44,129
9Houston, TX3$43,950
10Indianapolis, IN3$41,683

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Farmers Insurance Employee Political Affiliation

Farmers Insurance employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Farmers Insurance employee was by Kreshnik Bishani. Kreshnik Bishani donated $12,100 to the Republican Party.

Farmers Insurance

Parties

Republican Party

60.6 %
-

Democratic Party

38.7 %
-

Libertarian Party

0.7 %
-
Employee Political Donations
NameJob TitlePartyDonation
Kreshnik BishaniInsurance AgentRepublican Party$12,100
DAN DunmoyerGovernment Affairs SpecialistRepublican Party$7,500
Jeffrey DaileyInsurance AgentRepublican Party$7,000
John PeckAgentRepublican Party$5,600
AJ HaglundInsurance AgentRepublican Party$5,600
Jonathan SchmidSales/MarketingDemocratic Party$5,400
Abby MayerAnalystDemocratic Party$5,000
Steven AndersenInsurance AgentRepublican Party$5,000
Chad KingBrokerRepublican Party$4,000
Charles LUFranchise OwnerDemocratic Party$3,700
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Farmers Insurance Employment Videos

Farmers Insurance Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying Farmers Insurance Competitors

Competitors of Farmers Insurance include The Travelers Companies, Mutual of Omaha, and New York Life Insurance. The average salaries at The Travelers Companies rank the highest, with their employees earning an average salary of $66,351 per year. The employees at Mutual of Omaha earn an average yearly salary of $62,751 per year, and the salaries at New York Life Insurance average $62,006 per year.

Frequently Asked Questions about Farmers Insurance

When was Farmers Insurance founded?

Farmers Insurance was founded in 1928.

How many Employees does Farmers Insurance have?

Farmers Insurance has 19,000 employees.

What industry is Farmers Insurance in?

Farmers Insurance is in the insurance industry.

What is Farmers Insurance's mission?

Farmers Insurance's mission statement is "Farmers ambition statement is to be the leader in delivering peace of mind, innovating for customers whenever and wherever they need us."

What type of company is Farmers Insurance?

Farmers Insurance is a private company.

Who are Farmers Insurance's competitors?

Farmers Insurance competitors include Allstate, Progressive, State Farm, GEICO, Nationwide, American Family Insurance, Liberty Mutual Insurance, The Travelers Companies, Mercury Insurance, State Farm Insurance Agency, Aflac, Mutual of Omaha, New York Life Insurance, Anthem, Assurant, Unum, Cigna, Auto-Owners Insurance.

Who works at Farmers Insurance?

Jeffrey Dailey (CEO and Director)

Where is Farmers Insurance's headquarters?

Farmers Insurance's headquarters is in Los Angeles, CA.

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Zippia gives an in-depth look into the details of Farmers Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Farmers Insurance. The employee data is based on information from people who have self-reported their past or current employments at Farmers Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Farmers Insurance. The data presented on this page does not represent the view of Farmers Insurance and its employees or that of Zippia.

Farmers Insurance may also be known as or be related to Farmers Insurance Exchange, The Farmers Group, Inc., Farmers Group, Inc., Farmers Group Inc, Farmers Insurance Group and Farmers Insurance.