Jeffrey Wade
Foremost Insurance Group has been in operation since 1952 and is a subsidiary of Farmers Insurance Group. It offers a wide range of specialty insurance products, including mobile home insurance, motorcycle insurance, and boat insurance. The company is known for its innovative products and exceptional customer service. Foremost Insurance has received ratings from different organisations, including AM Best, the Better Business Bureau (BBB), and The Zebra. Its financial strength and stability have been rated A by AM Best, while the BBB gave it an A for transparency and handling customer complaints. The Zebra gave Foremost a 2.7-star rating, taking into account price, customer service, coverage, and financial strength. Foremost Insurance's rates are also influenced by factors such as age, location, and coverage level.
| Characteristics | Values |
|---|---|
| Year of establishment | 1952 |
| Parent company | Farmers Insurance Group of Companies |
| Ratings | A (Excellent) by AM Best, A by Better Business Bureau (BBB), 2.7 stars by The Zebra Ratings |
| NAIC rating | 1.36 |
| Specialty | Mobile home insurance, motorcycle insurance, boat insurance, RV and motor home insurance |
| App | Available for iOS and Android, but only for internal use by employees |
| Customer service | Exceptional, according to some sources; mediocre, according to others |
| Ideal for | High-risk drivers, homeowners, renters, vehicle owners |
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What You'll Learn
Foremost Insurance's financial strength and stability
Foremost Insurance has been in the insurance industry since 1952, when it began as a specialty insurer for travel trailers and mobile homes. Today, it offers a range of insurance products, including auto, homeowners, marine, motorcycle, and RV policies.
In terms of financial strength and stability, Foremost has received an A (Excellent) rating from AM Best, indicating that it is a financially sound company with the ability to honour claims. This rating suggests that Foremost has solid financial backing and is capable of fulfilling its financial obligations to its policyholders.
Foremost's financial stability is further demonstrated by its partnerships with reputable companies such as AARP, Farmers, and Bristol West. These partnerships allow Foremost to offer a diverse range of insurance products to customers who may have difficulty finding coverage elsewhere, including high-risk drivers.
While Foremost's insurance rates are generally considered higher than the national average, the company does offer a variety of competitive discounts on its products. These discounts include multi-car, paperless, multi-policy, and home device discounts, which can help customers save on their premium rates.
Overall, Foremost Insurance's financial strength and stability are reflected in its long history in the industry, its excellent rating from AM Best, its diverse range of insurance products, and its ability to cater to customers with unique insurance needs.
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Foremost's customer service and satisfaction ratings
Foremost Insurance has received mixed reviews for its customer service and satisfaction. While it has been in the insurance industry since 1952, specialising in travel trailers and mobile homes, its customer service has been described as mediocre and disappointing.
Foremost has an Auto Bankrate Score of 4.1 but is not ranked with J.D. Power for customer satisfaction. It has a higher-than-average number of customer complaints filed on the National Association of Insurance Commissioners (NAIC) Complaint Index, with a score of 1.36, indicating more complaints than the average car insurance provider, adjusted for size.
One customer review on WalletHub mentions the company's adjusters providing different information and a lack of clear answers, resulting in a negative experience. Another review on the same platform highlights billing issues and a lack of coverage for certain situations, such as flooding.
However, Foremost has received an A (Excellent) rating from AM Best, indicating its financial stability and ability to honour claims. The company also offers 24/7 claims reporting and provides various competitive discounts on premium rates. According to The Zebra, Foremost is worth considering for high-risk drivers due to its partnerships with AARP, Farmers, and Bristol West, allowing them to offer a range of insurance products to customers who may have difficulty finding coverage elsewhere.
Foremost's insurance rates are generally higher than the national average for both auto and home insurance. Its average auto insurance rates are much higher than the national average, with a six-month policy costing around 66% more than a typical policy. Similarly, its annual home insurance rates for $300,000 in dwelling coverage are 43% more than the US average.
While Foremost has received recognition for its financial strength and ability to honour claims, the mixed reviews and higher-than-average rates suggest that customers should carefully consider their specific needs and compare different insurance providers before making a decision.
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Cost of home insurance with Foremost
Foremost Insurance Group is a specialty insurance company that offers a range of insurance products to customers across the United States. The company was founded in 1952 and has since become a leading provider of insurance for mobile homes, motorcycles, boats, and off-road vehicles. Foremost Insurance is known for its commitment to providing customers with exceptional service and coverage options.
The cost of home insurance with Foremost varies depending on various factors, including the location and value of the property, as well as the specific coverage options selected. For example, the average annual cost of home insurance with Foremost in 2023 for a policy with $250,000 in dwelling coverage is $3,012, according to texasinsuranceratings.com. This is higher than the U.S. average for home insurance. Similarly, the June 2025 average annual cost of home insurance with Foremost is $3,344 for a policy with $300,000 in dwelling coverage, which is 43 percent more than the U.S. average for the same amount of coverage.
Foremost offers a range of coverage options for homeowners, including liability coverage, property damage coverage, and bodily injury coverage. They also provide coverage for specific perils such as fire, explosion, lightning, windstorm, and hail damage, subject to policy exclusions and conditions. One unique aspect of Foremost's home insurance is that, in the event of a covered total loss, customers will not need to pay more than their chosen deductible, even if the current construction costs exceed the dwelling limit. Additionally, Foremost offers flexible payment plans, including the option to pay online, by mail, or via electronic funds transfer.
It is worth noting that Foremost Insurance has received mixed reviews from customers and industry experts. While some praise the company's coverage options and customer service, others have reported issues with claims processing and high premiums. Therefore, it is important for individuals to compare providers and consider their specific needs when deciding on a home insurance carrier.
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Foremost's auto insurance options
Foremost Insurance Group offers a range of auto insurance options to cater to different needs. As a subsidiary of Farmers Insurance Group, Foremost provides standard types of insurance coverage, including liability coverage, collision and comprehensive coverage, medical payments/personal injury protection, and uninsured motorist coverage.
Foremost also provides coverage for specific scenarios. For instance, their rideshare coverage is designed for customers who use their vehicles for ridesharing services like Uber or Lyft. They also offer rental reimbursement coverage, which provides payment for a rental car while the insured car is being repaired after an accident. Additionally, Foremost offers towing and roadside assistance coverage, reimbursing towing expenses up to the chosen amount stated in the policy.
Foremost Insurance Group also offers bundling options, allowing customers to save money by combining multiple policies. This includes insuring multiple vehicles or combining auto insurance with home, renters, or condominium policies.
Foremost auto insurance is available in all 50 states and Washington, D.C., and policies can be purchased through independent agents. The company caters to a range of customers, including high-risk drivers, and provides quotes directly through their agents.
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Foremost's specialty insurance products
Foremost Insurance Group has been an industry leader in insurance since 1952. The company offers a wide range of specialty insurance products, including:
Home Insurance
Foremost Insurance offers a variety of homeowners insurance products, allowing customers to choose their desired coverage and settlement options. Their policies cover most direct, abrupt, and accidental physical losses that are not specifically excluded. Foremost also provides liability coverage if the policyholder is found legally responsible for an accident causing injury to someone who doesn't live in their home or damage to another's property. Additionally, their replacement cost coverage option ensures that the settlement reflects the cost of replacing damaged property without deducting for depreciation.
Motor Home and RV Insurance
Foremost specialises in providing insurance for individuals who feel at home when they are not at their permanent residence. Their RV and motor home insurance products cater to this niche market, allowing customers to live life to the fullest while on the move.
Auto Insurance
Foremost offers auto insurance, including coverage for high-risk drivers with speeding ticket convictions or at-fault accidents on their records. However, this may result in higher insurance rates compared to the national average.
Other Specialty Insurance Products
Foremost Insurance also provides a range of other specialty insurance products, including boat insurance, motorcycle insurance, classic car insurance, ATV insurance, and more. These products cater to specific needs and help protect customers' valuable assets.
It is important to note that insurance rates can fluctuate, and customers should carefully review the coverages, exclusions, and limitations of any insurance policy before purchasing it.
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Frequently asked questions
Foremost's car insurance rates are higher than the national average. For a six-month car insurance policy, the national average is $880, while Foremost's is about $1,461. For a full coverage policy, the national average is $2,680, while Foremost's is $3,427.
Foremost Insurance is a good option for high-risk drivers as it partners with AARP, Farmers, and Bristol West. These partnerships allow them to offer insurance products to customers who may be considered high-risk and have difficulty finding insurance elsewhere.
Foremost Insurance has an A+ rating from the Better Business Bureau (BBB).
Foremost Insurance has a higher-than-average number of customer complaints filed with the National Association of Insurance Commissioners (NAIC). Its NAIC rating is 1.36, indicating more complaints than the average insurance provider, adjusted for size.
