Agent-network carrier with Signal telematics and built-in rideshare coverage for gig drivers.
Get started at Farmers Insurance Exchange → Pre-qualify (where available) with a soft credit pull — no score impact.
ClearValue Rating: 4.1 / 5 — our editorial assessment (how we rate)
Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
Rideshare drivers (Uber/Lyft), new-car owners who want New Car Replacement coverage, and drivers who prefer a local-agent relationship.
Farmers Auto Insurance — Agent-network carrier with Signal telematics and built-in rideshare coverage for gig drivers. Best for: Rideshare drivers (Uber/Lyft), new-car owners who want New Car Replacement coverage, and drivers who prefer a local-agent relationship.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
Yes. Farmers offers a rideshare endorsement that extends personal auto coverage during TNC (transportation network company) ride-periods — specifically the gap between your personal policy and the TNC's own coverage. Most standard personal auto policies exclude commercial/rideshare use; without a rideshare endorsement, a claim during a TNC-active period can be denied. If you drive for Uber, Lyft, or a similar platform, a rideshare endorsement from your personal carrier is important. Farmers is one of the few major carriers that offers this as a standard endorsement. Verify current terms and states available at farmers.com. Source: Farmers Insurance public disclosure at farmers.com.
New Car Replacement (available on qualifying Farmers auto policies) pays to replace a vehicle totaled within a defined period of ownership — typically the current model year or the year following purchase — with a brand-new car of the same make and model, rather than paying actual cash value (ACV). ACV is the depreciated market value of the totaled vehicle, which for a new car can be $5,000–$10,000 less than the replacement cost within the first 12–24 months of ownership. New Car Replacement closes that gap. Verify current eligibility windows, model-year rules, and conditions at farmers.com. Source: Farmers public disclosure at farmers.com.
Signal by Farmers is a mobile app-based usage-based insurance program. After enrollment, the app monitors driving behaviors including hard braking, rapid acceleration, phone handling, and time-of-day driving. Safe-driving behavior during the monitored period earns discounts applied at renewal. Drivers with consistently safe behavior benefit most; drivers with mixed or aggressive habits may see smaller discounts or none. As with all telematics programs, enrollment means sharing your driving behavior data with the carrier. Current discount ranges and monitoring-period terms are available at farmers.com.
Yes. Farmers offers Accident Forgiveness as an optional endorsement on qualifying auto policies. When active, the first at-fault accident does not trigger a surcharge at renewal. Eligibility and availability vary by state. Verify current enrollment conditions and any required clean-record period at farmers.com. Source: Farmers Insurance public disclosure at farmers.com.
Farmers Insurance Exchange holds an A (Excellent) financial-strength rating from A.M. Best, indicating strong ability to meet ongoing policyholder obligations. This is one tier below A+ (Superior), held by carriers such as Allstate and Nationwide. A.M. Best ratings are independently assigned and updated annually — verify the current rating for the specific Farmers entity at ambest.com. Source: A.M. Best at ambest.com.
No. ClearValue Lending is not a licensed insurance broker or agent. This review presents publicly available editorial information about Farmers Auto Insurance. Coverage terms, pricing, and eligibility vary by state and individual circumstances — obtain official quotes and policy details directly from Farmers at farmers.com.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
Scored consistently across every product and independent of any compensation. Full methodology →
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