The Comprehensive Guide to Farmers Mutual Insurance Company of Nebraska

Farmers Mutual Insurance Company of Nebraska (FMIC) is a leading insurance provider serving Nebraska residents for over 125 years. With a focus on farm, home, auto, and business insurance, FMIC offers customized protection for policyholders across the state.

An Overview of Farmers Mutual Insurance Company of Nebraska

Founded in 1891, Farmers Mutual Insurance Company of Nebraska is the oldest mutual insurance company in the state. It was created by a group of innovative Nebraska farmers who wanted to protect each other from the risks inherent to agriculture.

From these humble beginnings, FMIC has grown into a trusted community partner serving over 125,000 policyholders. It now operates 46 agencies across Nebraska and writes over $250 million in premiums annually.

Some key things to know about Farmers Mutual Insurance Company of Nebraska:

• It is a mutual insurance company, meaning it is owned by its policyholders rather than stockholders. Any profits are returned to policyholders in the form of dividends.

• It offers insurance for auto, home, farm, life, business, and more. Products are tailored for rural and agricultural needs.

• It is rated A (Excellent) by AM Best, indicating strong financial health.

• It is headquartered in Lincoln, NE but serves customers statewide through local agents.

• It is active in community support and charity work across Nebraska.

As a mutual company focused solely on serving Nebraska, FMIC’s priorities are providing quality insurance tailored for local needs and delivering exceptional service.

Farmers Mutual Insurance Company of Nebraska Products

Farmers Mutual writes a wide variety of insurance policies for individuals and businesses in Nebraska. Its major product lines include:

Auto Insurance

FMIC offers standard auto insurance coverage like liability, collision, comprehensive, uninsured motorist, and more. It also has specialized options for classic cars, ATVs, and commercial vehicles. Discounts are available for good drivers, safe vehicles, bundled policies, and early shoppers.

Home Insurance

Home insurance from Farmers Mutual covers structure damage, personal belongings, loss of use, personal liability, and more. Additional endorsements are available to expand coverage for identity theft, water backup, equipment breakdown, and earthquake damage. Discounts apply for claim-free customers, smart home devices, and new homes.

Farm Insurance

FMIC provides specialized farm insurance to cover crops, livestock, equipment, property, and liability exposures. Crop hail and multi-peril crop options are available. Farmowners policies combine dwelling and farm coverage. Cost-saving discounts can be added for youthful farmers, group associations, paid-in-full payments, and more.

Business Insurance

Farmers Mutual offers commercial coverage for both rural businesses like mills, distributors, and processing plants, as well as professionals like doctors, lawyers, and accountants. Property, liability, commercial auto, workers compensation, bonds, and umbrellas are available.

Life Insurance

Individual and group life insurance is available from FMIC for personal and business needs. Permanent, term, universal, and whole life policies are offered. Riders can be added for chronic illness, children’s insurance, and accidental death.

Other Products

Other insurance offerings include motorcycle, watercraft, pet, identity theft, travel trailer, custom farm, renters, and condo insurance. FMIC also offers payment plans, SR-22 filings, and notary services.

With this diverse range of policies, Farmers Mutual can customize coverage for individuals and businesses across Nebraska. Independent agents help identify the right policies for each customer’s unique needs.

Why Choose Farmers Mutual Insurance Company of Nebraska?

There are many good reasons Nebraska residents and businesses choose to insure with Farmers Mutual:

Local expertise – FMIC focuses exclusively on Nebraska’s insurance needs. They understand the local climate, economy, laws, and property risks. This helps them tailor and price policies.

Superior service – Policyholders work directly with a local agent for guidance. FMIC aims to resolve claims quickly and fairly with personalized support.

Dividends – Because FMIC is a mutual company, most policyholders qualify for annual dividends based on FMIC’s financial performance. This serves as a partial refund on premiums paid.

Financial strength – An A rating from AM Best indicates FMIC has strong finances to fulfill claims obligations even in challenging economic times.

Community involvement – FMIC is highly invested in the communities where their customers live and work. The company supports schools, fairs, charities, first responders, safety programs, and more across Nebraska.

Package discounts – Policyholders who bundle multiple policies, like home and auto, save up to 20% on premiums. Multi-line discounts reward customer loyalty.

For Nebraska residents looking for localized expertise, flexible coverage, superior service, and community commitment, Farmers Mutual is an excellent choice. The company’s focus on agricultural and rural needs also makes it stand out.

How to Get a Quote and Buy a Policy

Purchasing insurance from Farmers Mutual is easy. You can get a quote and buy policies through three channels:

Independent insurance agents – FMIC sells its insurance products through a network of local agents across Nebraska. Agents provide quotes, answer questions, and issue policies. Locate an agent using FMIC’s agent finder.

Farmers Mutual website – Get a direct quote for auto or home insurance on the FMIC website. Start the process at www.fmne.com and click “Get a Quote.” You can bind coverage online or have an agent reach out.

Phone – Call FMIC’s home office at (402) 474-6900 to discuss policy options. An agent can provide quotes over the phone. multi line discounts are available when you bundle policies.

The process takes 10-15 minutes. You’ll need to provide details about your driver’s record, claims history, home, farm, or business. Agents can explain coverage options clearly so you buy the right amount.

Payment can be made annually, semi-annually, or through monthly installments. Bills can be managed through an online customer portal. Get started with FMIC today to enjoy quality coverage at fair rates from a trusted Nebraska insurer.

Frequently Asked Questions About Farmers Mutual Insurance Company of Nebraska

Does Farmers Mutual sell insurance directly to consumers?

No, Farmers Mutual operates through a network of independent insurance agents located throughout Nebraska. Consumers who want to purchase insurance must work with an FMIC agent. Use the agent finder tool on their website to locate one near you.

How do I pay my Farmers Mutual insurance bill?

You can pay your bill directly through your local agent, by mailing a check to FMIC, or through the customer portal on their website. Installment plans, electronic funds transfer, and credit card payments are available.

Does Farmers Mutual offer discounts for bundling insurance policies?

Yes, Farmers Mutual offers a multi-line discount of up to 20% off your total premium when you insure both your home and auto with FMIC. The more policies you bundle together, the greater your savings.

Is Farmers Mutual Insurance financially stable?

Yes, Farmers Mutual has maintained an A or Excellent rating with AM Best for over 20 years, indicating excellent financial strength and ability to pay out claims. As a mutual company, they operate conservatively and focus on long-term stability.

What insurance options are available from Farmers Mutual?

Farmers Mutual offers all major types of personal and commercial insurance. This includes auto, home, renters, farm, crop, life, business, liability, workers compensation, bonds, and more. Products can be customized for your needs.

How quickly does Farmers Mutual pay claims?

Farmers Mutual resolves most claims within 10-14 days of filing. Policyholders work directly with a dedicated claims representative for personalized support throughout the process. Emergency claims can be expedited.

Does Farmers Mutual offer any additional benefits or services?

Yes, as a policyholder you get free identity protection, reduced rates on rental cars and travel insurance, notary services, and the ability to call their 24/7 claims hotline even for minor questions. Farmers Mutual aims to provide a complete experience.

How do I file a claim with Farmers Mutual Insurance?

You can file a claim by calling your agent or FMIC’s claims number at (800) 775-8805. Claims can also be started from the website or mobile app. Your agent will walk you through the straightforward process and answer any questions.

Is Farmers Mutual Insurance Right for You?

For customized insurance that protects what matters most to Nebraska residents, Farmers Mutual is a great fit. As a local mutual company, they are invested in the financial security of their neighbors across the state. If you value strong personal service, fast claims resolution, dividends, and supporting your community, choose Farmers Mutual Insurance Company of Nebraska for your insurance needs.