Got a call today........

Animal

Well-known Member
from my insurance agent, STATE FARM INSURANCE COMPANY after being with them for 44 years is cancelling my farm and home policy because of the shop fire last January.. Mad, yes Surprised, no. Two out fits that are not going to loose in this world are banks and insurance companies. Oh well its time to go shopping, and trying to shoot for better rates at the same time. Do any of you have suggestions?
 
Try a mutual insurance company. There is most likely one in your area.

Mine is Eastern Iowa Mutual underwriters for IMT insurance company and other companies that they can get good rates.

Gary
 
Me too, I'm pretty sure they will never make anything off me if I don't have a claim again for the rest of my life. Still reasonably priced, still great service, and still a local agent and adjuster in every county.
 
I got that same call 10 or so years ago. Had just gotten beef cattle after milking cows. Found out you needed better fences for beef cattle..Good luck finding insurance. No one would take me unless I had a livestock exception on the policy. State Farm thought I was trying to scam them or something..not even big claims...but my family had been grandfathered in on a policy they no longer offered and were anxious to get rid of. Now with Farm Bureau..mostly happy.
 
Do not remember are you former Military?? If you can say yes post back I know a place that will save you half on most any thing
 
i agree retiredfarmer did same thing to my aunt had insuance with same company for 20+ yrs never filed claim then one day tree fell on house filed and was cancelled there after should be a law or refund all the money you paid for all those yrs. lol never gonna happen
 
I agree with a mutual company - they kinda shop through a list of companies to put together a plan for you from different sources.

Farm bureau is a different company in each state, not al, run the same. So mixed results.....

Paul
 
When I had lived in town I had State Farm for all my insurance. But when we purchased this farm in 1996 I was told that State Farm would not insure farms because of the liability. The only way they would insure my house was if I deeded it off separately from the farm and carried a separate policy on it.

I was blown away by the irony at the time. A company named "State Farm" would not cover a farm. We ended up with Grange Mutual insurance CO..
 
My whole family was insured with State Farm, over the years we have had boats airplanes, motor cycles the farm and our homes. How much money do you think they have made off of our premiums over 40 years.
 
I have a neighbor that has Nationwide and he had several claims and they have done him very well. Wind damage,lightning on cattle, a round bale fire 200 bales of alfalfa and a discbine hitting a object and totaling it. Paid off like a slot machine and no problems. I have had Shelter but no big claims but if I do Nationwide will be my first stop!
 
Ah but the name does in fact stand for gov employee insurance company. Back years ago you did in fact have to be Military or some other way employed by the gov to have it but not any more
 
Insurance is a business. Have to make a profit to stay in business. Just like in farming. You dont keep an old cow around for years and feed her if every year she looses her calf.


Gene
 
Farm Bureau let us down big time on a claim on water damage on in-law"s home. Niece and nephew were living there, and in the process of moving, when the leak happened. They refused to pay, saying the policy didn"t cover uninhabited home. Yet their agent knew exactly the status of the house and didn"t make the necessary corrections to the policy.
 
So insurance is only there for you if you never have a loss...In
the past 10-12 years I've had at least 4 claims with Shelter
Insurance and they never raised my rates or canceled me...
 

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