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Company Research Report: Texas Farm Bureau Insurance



Company Overview



  • Name: Texas Farm Bureau Insurance

  • Mission: "We help our policyholders manage the financial risks of everyday life and successfully recover from insured losses through prompt, professional, personal service based on high ethical standards."

  • Founded: 1952

  • Key People: No information is available.

  • Headquarters: Waco, Texas

  • Number of Employees:

  • Over 850 multi-line agents

  • Over 300 claims personnel

  • Over 300 offices statewide

  • Revenue: No information is available.

  • Known For:

  • Providing insurance products and services

  • Serving over 500,000 policyholders and their families

  • Ranked "excellent" by A.M. Best consistently

  • #1 in Customer Satisfaction among Auto Insurers in Texas for 12 out of 13 years and #1 in Trust


Products



Insurance Offerings


Texas Farm Bureau Insurance provides a variety of insurance products tailored to the needs of Texans:

Auto Insurance


  • Coverage Types:

  • Liability Coverage

  • Personal Injury Protection

  • Uninsured/Underinsured Motorist Coverage

  • Medical Payments Coverage

  • Death Indemnity Coverage

  • Collision Coverage

  • Comprehensive Coverage

  • Rental Coverage

  • Roadside Assistance Coverage


Home Insurance


  • Plans Offered:

  • Homeowner's Plan

  • Tenant’s (Renter's) Plan

  • Dwelling (Landlord’s) Plan


Farm & Ranch Insurance


  • Coverage for:

  • Barns/Outbuildings

  • Mobile Homes

  • Modular Homes

  • Inland Marine Equipment

  • Optional Coverages:

  • Animal Collision

  • Custom Farming

  • Employer’s Liability

  • Boat Liability

  • Personal Medical


Commercial Insurance


  • Policies:

  • Commercial Property Policy

  • Commercial General Liability Policy

  • Commercial Package Policy


Life Insurance


  • Types:

  • Term Life

  • Convertible Life

  • Whole Life

  • 15-Pay Juvenile Life

  • Additional Options:

  • IRA

  • Long-term Care

  • Annuity


Recent Developments



  • New Products Launched: No information is available.

  • New Features Added: No information is available.

  • Partnerships: The company is affiliated with several farm bureau organizations including:

  • Texas Farm Bureau Mutual Insurance Company

  • Texas Farm Bureau Underwriters

  • Texas Farm Bureau Casualty Insurance Company

  • Farm Bureau County Mutual Insurance Company of Texas

  • Southern Farm Bureau Life Insurance Company


Texas Farm Bureau Insurance supports the objectives and membership growth goals of the Farm Bureau parent organization, working to enhance the well-being of rural Texans.

No additional recent developments or partnerships were noted in the provided data.




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