Arkansas Insurance Discounts

Multi-line Discounts – Multiple Farmers policies is a great way to save money and cover all of your important investments. When you combine your Farmers Auto insurance with any of the following policies, we’ll discount your rate:

• Home
• Mobile Home-Specialty Dwelling
• Farmers Specialty (motorcycle, family boat, motor home, travel trailer, rec vehicle, etc.)
• Renters
• Life

Business and Professional Group – Are you a teacher, doctor, nurse, accountant or engineer? Professional groups like these in Arkansas may qualify for special discounts. Contact us and we’ll see if you qualify!

Distant Student – Designed to lower your rates when your child is away at school, this discount applies if a student on your policy (23 or younger) goes to school at least 100 miles away from home, and doesn’t have regular access to the covered vehicle.

Multi-car – Cover more than one vehicle under the same Farmers auto insurance policy and receive a rate discount.

Teen Driver – A teen (19 or younger) child or grandchild of the primary driver may be eligible for a rate discount.

Alternative Fuel – Invest in a vehicle that uses alternative fuels like electric, electric/gasoline hybrid, ethanol, methanol, compressed natural gas, or propane, and you may be eligible for an insurance rate discount.

Electronic Funds Transfer (EFT) – Enroll in the Farmers automatic electronic payment plan when you log-in or register your account, and receive an extra insurance discount.

Homeowner – Arkansas policyholders are eligible for an additional discount if they own their home.

Pay In Full – Choose to pay your entire term premium in one lump sum, and Farmers will discount your rate.

Transfer – Transfer your insurance from another carrier to Farmers with no lapse in coverage and we’ll discount your rate.

Good Student – Do well in school, and Farmers discounts coverage for young (under 25) Arkansas drivers who meet one of the following academic criteria:

• Maintain a “B” average or better
• College students with a 3.0 (out of 4.0) grade point average or higher
• Dean’s List or Honor Roll students
• Students ranked in the top 20% of their class, or on recognized standardized tests

Be ready to submit proof of eligibility (a copy of a report card, grade-point average, etc.) when requesting this discount.

Mature Driver – Arkansas drivers, 55 or older, get a premium discount if they’ve completed a state-approved Safe Driving Program within the last 3 years. This discount applies to your bodily injury, property damage, medical payments, and collision coverage.

Affinity - Employees or retirees from qualified occupations or professional groups may qualify for an additional discount.

Multi-line Discounts - Combine coverages and save. Have Farmers Homeowners insurance with Farmers Auto and/or Life insurance, and we’ll reduce your premium with a multi-policy discount.

Non-Smoker – Qualify for an additional discount if no one in the household has smoked in the past 2 years.

New Home – Homes built within the past 12 years may be eligible for the New Home credit.

New Roof – Earn this additional credit if you’ve built a new roof or recently replaced your roof.

UL Approved Roofing Materials – Impact resistant roofing materials, approved and tested by Underwriters Laboratories, may qualify for this discount.

Home Safety – You may be eligible for a discounted premium if you’ve added loss-prevention measures or environmentally-friendly features to your home, such as

• Fortified with added protection to windows, doors, and improved connections between the roof, walls, and foundation to guard against natural disasters and extreme weather.
• Equipped with Whole House Water Leak Detection to shut off the main water service when a leak is found.
• ENERGY STAR or EPA Certified for energy efficiency.
• LEED Certified for high-performance green homes.
• Equipped with an Automatic Gas Shutoff Valve.

Protective Devices – If your home is protected with burglar alarms, central station alarms, fire alarms or automatic fire-protective sprinklers, you may be eligible for this discount.