Cheap Car Insurance for Farm Vehicles in 2024 (Top 10 Low-Cost Companies)

The top companies for cheap car insurance for farm vehicles are Geico, State Farm, and Progressive.

Geico takes our top spot for cheap farm tractor insurance costs by offering generous car insurance discounts, convenient online tools, and excellent coverage options.

Our Top 10 Company Picks: Cheap Car Insurance for Farm Vehicles

Explore your options for the best farm vehicle insurance below. Then, enter your ZIP code in our free comparison tool above to explore insurance rates for all your needs.

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#1 – Geico: Top Pick Overall

Pros

• Affordable Rates: Geico is usually an affordable option for car insurance, so it should come as no surprise that it offers low farm insurance quotes, too. See how Geico keeps rates low in our Geico auto insurance review.
• Convenient Online Tools: Unlike most other farm insurance companies, Geico focuses on digital services for its farm policies.
• Discount Options: Save even more with Geico farm insurance by taking advantage of its many farm vehicle discounts.

Cons

• Coverage Options Vary: Make sure to speak with a Geico representative to see exactly what’s available in your area.
• Limited Agents: With its focus on digital policy management, Geico has fewer representatives than many of its competitors.

#2 – State Farm: Best for Farm Liability Insurance

Pros

• Liability Insurance: State Farm offers several types of liability insurance to make sure you’re covered if anyone is injured on your farm.
• Customizable Policies: You can add everything from your farm vehicles to buildings on your property to your policy.
• Other Business Insurance Options: Get all the coverage you need to keep your business safe with State Farm. One popular business option is State Farm’s retirement services to help attract the best workers to your farm.

Cons

• Limited Digital Tools: You need to speak with a State Farm agent to start a farm auto insurance quote.
• Customer Complaints: Many customers report being unsatisfied with how long it took for their State Farm claim to resolve. See what more customers have to say about their experience in our State Farm auto insurance review.

#3 – Progressive: Best Farm Insurance Discounts

Pros

• Generous Discounts: Progressive makes it easy to save on your agriculture insurance with discounts for things like being a safe driver and getting an advanced quote.
• 24/7 Support: You can get help whenever you need it with Progressive’s 24/7 support line. Learn more about how Progressive’s agents can help in our Progressive insurance review.
• Excellent Coverage Options: Aside from basic coverage, Progressive offers additional coverage like accessories and custom parts equipment insurance.

Cons

• Limited Vehicle Coverage: Progressive won’t cover farm vehicles made in 2010 or earlier.
• Limited Availability: Progressive’s farm equipment insurance availability varies by state.

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#4 – Auto-Owners: Best for Convenient Farm Insurance Packages

Pros

• Farm Packages: Auto-Owners makes it easy to get the coverage you need for your farm with its convenient packages. Simply choose the package that best defines your needs – such as beef or grain – and Auto-Owners does the rest.
• Seasonal Fluctuations: Auto-Owners understands that your insurance needs will likely change throughout the year, which is why your coverage levels fluctuate on a seasonal basis.
• Deductible Options: There are three deductible options for your Auto-Owners farm insurance – a flat deductible, a split deductible between residential and farm policies, and a wind/hail deductible just for weather damage.

Cons

• Limited Availability: Auto-Owners sells insurance mainly in the Midwest and Southeast. See if you live in one of the 26 states eligible for coverage in our Auto-Owners insurance review.
• No Online Quotes: If you’re interested in Auto-Owners farm auto insurance for work vehicles, you’ll need to speak with an agent.

#5 – Farmers: Best for Multi-Vehicle Discounts

Pros

• Superb Customer Service: Farmers’ promises business knowledge with a personal touch. You’ll get all the help you need to find the perfect farm auto insurance for work vehicles with help from a Farmers agent.
• Multiple Coverage Options: Aside from coverage for farm vehicles, Farmers offers a ton of great insurance products. From commercial car insurance quotes to farm building coverage, Farmers has you covered.
• Multi-Vehicle Discounts: Save on your farm vehicle insurance by insuring more than one vehicle on your policy. Explore other vehicle coverage options in our Farmers auto insurance review.

Cons

• Availability Restrictions: Some farmers in rural areas may not qualify for Farmers’ coverage.
• Less Competitive Rates: Farmers offers excellent ranch vehicle insurance, but its commercial car insurance rates are usually not the cheapest.

#6 – Nationwide: Best for Rented Tractors

Pros

• AgriChoice Policies: Rather than having a specific farm vehicle policy, equipment is covered through the AgriChoice plan. AgriChoice is a comprehensive farm insurance policy.
• Rented Tractors: Nationwide offers the best farm vehicle insurance for people who rent equipment rather than own it.
• Excellent Customer Service: Nationwide representatives are ready to help with your farm vehicle insurance questions whenever you need them.

Cons

• Quote Limitations: Unfortunately, you can’t get farm truck insurance quotes online from Nationwide. Learn how to contact representatives for a quote in our Nationwide insurance review.
• Higher Rates: Nationwide’s farmer vehicle insurance rates are usually higher than those of other coverage providers. However, you may be able to save by looking at what car insurance discounts Nationwide offers.

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#7 – Allstate: Best for Multi-Vehicle Insurance Needs

Pros

• Multiple Vehicle Coverage: Allstate’s policies make it easy to cover multiple vehicle types if you use a variety of equipment on your farm.
• Excellent Customer Service: Allstate focuses on providing the best customer service experience possible. Learn how Allstate achieves great customer service in our Allstate insurance review.
• Customizable Policies: Get the exact coverage you need for your farm with help from an Allstate agent.

Cons

• Lengthy Claims: Allstate focuses on providing personalized service to its customers. You’ll have access to personalized help, but the lack of online options can make claims take longer to resolve.
• Higher Rates: No matter what type of insurance you buy, Allstate is typically one of the more expensive options.

#8 – American Family: Best Blanket Coverage for Farm Vehicles

Pros

• Blanket Coverage: American Family offers comprehensive coverage for most vehicles on your farm, including tractors, combines, and planters. Learn more about comprehensive coverage in our American Family insurance review.
• Additional Coverage Options: Add coverage to your policy for things like the replacement cost of machinery, ingestion of foreign objects for farm equipment, and farm equipment breakdown insurance to your American Family policy.
• Competitive Rates: American Family offers affordable commercial car insurance for farm vehicles by offering low rates and generous discounts.

Cons

• Limited Coverage: American Family offers limited coverage for farm vehicles 10 years or older.
• No Online Quotes: You’ll need to speak with a representative to get tractor insurance from American Family, as it does not generate online quotes.

#9 – Erie: Best for Machinery Breakdown Coverage

Pros

• Strong Financial Ratings: Erie has an A+ from A.M. Best, which means you won’t have to worry about your claims being unpaid. See more Erie ratings in our Erie insurance review.
• Coverage Options: Erie offers great coverage options so you can get the best farm tractor insurance possible. One of the most popular options is Erie’s machinery breakdown coverage.
• Discount Opportunities: Save on your auto insurance for farm vehicles by taking advantage of Erie’s multiple discount opportunities.

Cons

• Limited Availability: Erie only sells insurance in 12 states.
• Online Options Lacking: It may offer some of the best farm auto insurance for work vehicles, but Erie lacks digital tools to get online quotes and manage your policy.

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#10 – Liberty Mutual: Best for Livestock Transportation Coverage

Pros

• Livestock Transportation: Liberty Mutual offers a variety of specialty farm equipment insurance coverage, particularly for the needs of people transporting livestock. Explore other types of coverage in our Liberty Mutual insurance review.
• Extensive Network of Agents: You can get help in person or over the phone whenever you need it from Liberty Mutual’s extensive network of agents.
• Ample Discounts: Save on your farm vehicle auto insurance costs with Liberty Mutual discounts. Popular discounts include savings for safety features, bundling policies, and Farm Bureau membership.

Cons

• Slower Claims: You’ll need to speak with an agent to start a farm insurance claim, which makes the process take longer.
• Higher Premiums: Liberty Mutual’s farm vehicle auto insurance rates tend to be higher than those of other companies.

Farm Vehicle Car Insurance Rates

You may not know it but, as a farmer, you may qualify for lower insurance rates than other people do. For one thing, in most cases, farmers tend to drive their vehicles less than other people do. Check below to see how much the average driver pays for car insurance at our top companies for farm vehicles.

Car Insurance for Farm Vehicles: Monthly Rates by Coverage Level & Provider

Many of the vehicles that you insure will never leave your farm. This means your risk of an accident is much lower than if you were traveling on the open road.

Because most farmers live where they work, their auto insurance tends to be lower as well because they don’t have to drive as much.

Of course, if you drive across country to transport cattle or goods, then you are going to see an increase in your insurance rates. Simply put, the less you drive the cheaper your insurance will be.

In addition, the amount of insurance that you purchase will directly influence your rates. If you purchase liability only because you never leave your property and you don’t feel you need other types of coverage then your rates are going to be very low.

Factors That Affect Farm Vehicle Car Insurance Rates

When it comes to understanding your car insurance policy, rate changes can affect your rates more than you know. Many people don’t realize that insurance rates can change every month.

Although your policy isn’t affected, because you have a contracted rate, when your policy ends, your increase or decrease is based on the monthly changes while you were insured.

Additionally, the insurance company will consider where you live and what type of vehicles you are insuring in that assessment as well. This means that other drivers will affect your rates as well.

In the case of farm car insurance rates, you will find that if there were a high number of farm accidents in your area or natural disasters that generated a lot of claims, the rates changed during those times.

If the rates went up, your insurance company will make sure you pay your share when it is time to renew your policy.

If you are an average car owner, you probably didn’t know that farm car insurance exists. Farm car insurance is insurance that covers:

• Farm equipment
• Tractors
• Personal vehicles of farmers

Some companies, such as Farmers Insurance Group, started out providing insurance only to farmers. Today, however, many of those insurance companies provide insurance for nearly every type of vehicle rather than just farm vehicles.

However, as a farmer, you have specific needs that other drivers simply don’t have. That is why it is important that you find appropriate insurance for your farm vehicles.

Farm Car Insurance Rate: Insurance Types

There are several types of car insurance that can benefit farm vehicles, including.

• Comprehensive Insurance: Comprehensive car insurance covers the cost of damages due to acts of nature, fire, theft, and vandalism. If you forgo this insurance and your farm has a fire, for example, and you lose your farm vehicles, can you afford to replace those vehicles? If the answer is no, then you need to consider more than liability insurance for them.
• Collision Insurance: Collision insurance provides you with great protection as well, even if your farm vehicles never leave the farm. Accidents happen, from running into a tree to striking an animal, and having collision insurance helps cover the cost of those possibilities.
• Business Insurance: Business insurance is available in some states. It covers the cost of your vehicles under the equipment section. It is important to compare the costs and the benefits each type of insurance offers.

In most states, farm vehicles, other than a licensed and registered car, truck, or van, don’t have to be insured. However, it is in your best interest to insure your farm vehicles so that if something happens, you have the coverage you need.

We’re tackling your questions about commercial umbrella insurance policies so you can decide if it’s right for your business. Read this blog: https://t.co/l7nQ0lvOMP

True/False: If coverage is excluded on other policies, a commercial umbrella policy may provide for the loss.

— Auto-Owners (@AutoOwnersIns) June 26, 2023

Having insurance that protects your business assets can save you tens of thousands of dollars if anything happens. That’s particularly true for farm vehicles, which can be expensive to replace and hard to repair.

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Farm Car Insurance: Rate Increases Can Hurt Your Bottom Line

A farm is a business and, as such, you want to ensure that you keep your costs low. If your farm car insurance rates increase, then your business could be affected. Rather than dropping your insurance altogether, consider some of these other options.

• Increase your car insurance deductible
• Ask about available discounts
• Negotiate with your insurance company
• Consider switching insurance companies

You will find that with all of the insurance competition, it is easy to find companies that can save you several hundred dollars a year. You owe it to yourself to shop around before you accept an increased insurance rate or you make a decision about an insurance company at all. You should also check for auto insurance discounts.

As you can see, there are plenty of ways to save on your farm vehicle insurance. As a bonus, most farm insurance discounts apply directly to your policy when you sign up.

When you request a quote on a company page, they’ll ask you about your insurance needs and situation. Most discounts will apply to your account at this time, but you might have to speak with an agent to make sure you get everything you derserve.

Find Cheap Car Insurance for Farm Vehicles Today

Finding farm car insurance rate information is pretty easy. All you have to do is go online and use a free quote tool to compare rates between the best car insurance companies. The only downside is that not every insurance company sells insurance for farm vehicles, so you will have to find other sources to insure your vehicles.

The good news is that you can also use quote tools for liability and property insurance if you cannot find farm car insurance rates where you live. Instead of looking for auto insurance quote tools, you will simply look for business insurance quote tools. Enter your ZIP code into our free tool to find the best car insurance for farm vehicles today.

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