Indiana Farm Bureau Insurance Company or "Farm Bureau" is the second-largest automobile insurance company in the State of Indiana. It is estimated that nearly 8% of all automobiles insured in Indiana are written by Indiana Farm Bureau, trailing only State Farm Insurance Company.
It has an interesting history. The Farm Bureau movement officially started in 1911 when John Barron, a farmer who graduated from New York worked as a "Farm Bureau" representative for farmers with the Binghamton, New York, Chamber of Commerce. He started an organization that today is known in as the American Farm Bureau Federation (AFBF). The goal was to help the farmer.
Indiana's largest general farm organization, was founded in 1919. Then known as the Indiana Federation of Farmers' Associations, the organization was formed by farmers who were determined to work together to solve the problems of low commodity prices and a diminished farm labor force. Today, Indiana Farm Bureau's purpose is “to be an effective advocate for farmers, and through its policies and programs, promote agriculture and improve the economic and social welfare of member families.”
When it comes to handling automobile insurance claims, Farm Bureau, in my own experience, is much better to deal with than other carriers. I don't know whether it's because it started as an organization of farmers, but it tends to hire adjusters who are more interested in resolving claims and issues than other automobile insurance carriers.
Our personal experience has been that we tend to file lawsuits at a much lower percentage with Farm Bureau than compared with other automobile insurance carriers in Indiana. Although, Farm Bureau is not immune from undervaluing pain and suffering or mental anguish claims in personal injury cases, it still resolves cases much better than the others.
I'd rather work with Farm Bureau insurance adjusters all day than a single hour with Allstate Insurance Company or Progressive Insurance Company.