Key takeaways
Toggle by Farmers ranks #1 for affordability among major renters insurance carriers, with average rates of $5 monthly.
— QuoteYeti editorial team
- 02 Customer experience ranks #5 based on J.D. Power scores, NAIC complaint data, and online sentiment.
- 03 Coverage breadth scores #5 — see the coverage section below for which add-ons set Toggle by Farmers apart.
Toggle by Farmers ratings
How much does Toggle by Farmers cost?
Toggle by Farmers renters insurance costs renters $5 monthly on average, or $60 annually — -40% compared to the national average. Actual rates vary significantly based on your profile, location, and coverage selections. Use the cost-by-category table below to see how Toggle by Farmers typically prices different renter profiles.
Avg monthly
$5
Avg annual
$60
vs. national avg
-40%
How Toggle by Farmers compares
−40% below the national average for comparable coverage.
Rates by category
| Category | Minimum coverage | Full coverage | Rank |
|---|---|---|---|
| Low-risk renters | $4 | $5 | #1 |
| Average renters | $5 | $6 | #1 |
| Higher-risk renters | $7 | $8 | #2 |
Toggle by Farmers earns #5 overall in our renters rankings — the kind of performance that rewards a closer look, not a coin flip.
Toggle by Farmers reputation
Toggle by Farmers ranks #5 in QuoteYeti's customer experience study for renters insurance. The score blends J.D. Power survey data, NAIC complaint ratios (Not yet established versus an industry-wide 1.00 average), and member sentiment from public review sources. Customer feedback is mixed; some praise specific service areas while others report frustration with claims complexity.
Step 01
Buying process
Buying coverage from Toggle by Farmers has been generally adequate, though not without friction for most renters. The quoting process is primarily online with phone support available for complex situations.
Step 02
Policy management
Day-to-day policy management at Toggle by Farmers varies in quality — the mobile experience is reasonable, but complex changes often require phone or agent support. Members typically rate the digital experience as competent if not standout.
Step 03
Claims experience
Claims handling at Toggle by Farmers is mixed — NAIC complaint data is somewhat elevated, suggesting friction in some claim scenarios. For straightforward claims (windshield repairs, minor incidents), most renters report fast resolution. Complex claims requiring extensive investigation can take longer.
Independent industry ratings
Independent ratings from major financial-strength and customer-satisfaction agencies:
| Source | Score | Overview |
|---|---|---|
| AM Best Financial Strength 1 A.M. Best Insurance-industry credit rating agency since 1899. A++ is the highest financial-strength grade. | A (via Farmers) | Excellent ability to meet financial obligations |
| S&P Global Financial Strength 2 S&P Global Standard & Poor's Global Ratings. Insurance financial-strength grades from AAA (strongest) to D. | A+ (via Farmers) | Strong capacity to meet financial commitments |
| J.D. Power Claims Satisfaction 3 J.D. Power Consumer satisfaction surveys with 12,000+ policyholders annually. Scores run 0–1000; above 800 is considered excellent. | Not surveyed for Toggle | Below industry average |
| NAIC Complaint Ratio 4 NAIC National Association of Insurance Commissioners. Their complaint index is 1.0 = average; lower is better. | Not yet established | More complaints than expected — investigate before purchasing |
Toggle by Farmers discounts
Toggle by Farmers offers 2 discounts to help reduce your premium:
| Discount | Average savings | Eligibility |
|---|---|---|
| Auto-Pay | Up to 5% | Set up automatic monthly payments |
| Multi-Policy Bundle | Variable | Bundle with other Farmers/Toggle products |
Toggle by Farmers coverage options
Toggle by Farmers offers a comprehensive coverage menu typical of major renters insurance carriers, with several add-ons that set it apart from competitors. The table below details the main add-ons available.
| Add-on coverage | What it covers | Key features |
|---|---|---|
| Identity Theft Protection | Identity restoration and fraud monitoring | Built into most Toggle policies — rare among renters carriers |
| Side Income Coverage | Personal property used in side gigs and home businesses | Coverage gap that most renters policies don't address |
| Pet Damage Coverage | Damage caused by pets to others' property | Important for pet owners — most renters policies exclude this |
Pros and cons
Ordered by impact. The top item in each column is the one we'd weight heaviest in a recommendation.
What's working
- Top pro Skip coverages you don't need to lower your premium
- Built-in identity theft protection on most plans
- Modern app-first design and onboarding
- Backed by Farmers Insurance — solid financial backing
- Coverage starts at $5/month for basic plans
What's not
- Top con Limited geographic availability
- Newer carrier with less long-term track record
- Fewer add-on options than legacy renters carriers
- Customer experience scores not yet well-established
Our verdict
The bottom line
Toggle by Farmers earns an overall score of 4.25/5 in QuoteYeti's renters insurance provider rankings. The carrier ranks #5 nationally, with particular strength in affordability.
Toggle by Farmers is best suited for renters who prioritize the lowest possible rate. Limited geographic availability is the most common drawback to weigh against the strengths.
As always, compare quotes from multiple insurers before committing. The right carrier depends on your specific profile — driving record, claims history, location, and coverage needs all shift the math.
Frequently asked questions
Is Toggle by Farmers a good renters insurance company?
Toggle by Farmers is a legitimate renters insurance carrier with a financial-strength rating of A (via Farmers). It ranks #5 overall and #1 in affordability in QuoteYeti's editorial comparison of major renters insurance providers.
How much does Toggle by Farmers renters insurance cost?
Toggle by Farmers averages $5 monthly ($60 annually) — -40% versus the national average. Your actual rate depends on your profile, location, and coverage choices. Use the cost-by-category table above to see how Toggle by Farmers typically prices different renters.
What discounts does Toggle by Farmers offer?
Toggle by Farmers offers 2 primary discounts, including Auto-Pay, Multi-Policy Bundle. See the full discount table above for eligibility and average savings.
Does Toggle by Farmers have good claims handling?
Toggle by Farmers's NAIC complaint ratio is Not yet established (1.00 is the industry average, so lower is better). This is above the industry average, suggesting some friction in claims for some customers. J.D. Power claims scores rate Not surveyed for Toggle.
Should I choose Toggle by Farmers or a competitor?
Toggle by Farmers is strongest for renters who want the lowest rates. Compare quotes from at least three carriers — Toggle by Farmers's rates and offerings vary significantly based on your specific profile, and the carrier that fits best can differ for renters in different situations.
How we rated Toggle by Farmers
QuoteYeti's renters insurance rankings are designed to surface where each carrier actually wins and loses. We don't accept payment for ranking placement, and our methodology is published in full so you can audit how we reach our conclusions.
60%
Cost
We compare quotes across multiple renters profiles, measuring how competitively each carrier prices its policies against local and national competitors. Data is normalized to comparable coverage levels.
30%
Customer satisfaction
We analyze customer feedback from J.D. Power member studies, NAIC complaint ratios, AM Best ratings, and public review sources to assess overall service quality and claims handling.
10%
Coverage breadth
We evaluate each carrier's coverage menu, scoring the variety of available endorsements, unique features, and gap-filling options.