Skip to the content

What does the Farmers Acquisition of MetLife Auto & Home Business Insurance Mean for Your Current Policy?

If you’re confused about what’s going on, speak with an expert agent at 1-774-847-7746 to learn more about your policy if you live in “Massachusetts, Connecticut, Virginia, Ohio, South Carolina, New Hampshire, Maine, Rhode Island, Texas, or New Mexico”

What does the Farmers Acquisition of MetLife Auto & Home Business Insurance Mean for Your Current Policy?

 

“Metlife Merger” with Farmers Update

The Premer Shield Insurance agency recently got word that the deal between “Metlife and Farmers” has been complete as of 04/07/2021. News broke through Insurance Journal today and we received an email from Metlife after the close of business yesterday that read “Effective April 7, 2021, the Farmers Insurance Group® has acquired the MetLife Auto & Home® business from MetLife, Inc. (MetLife®). As a result, the MetLife Auto & Home policies will now be issued by an insurer that is part of Farmers®.”

Who do I call if I have questions about the MetLife Auto & Home Business Insurance Acquisition by Farmers? Current Home or Auto Business customers with general questions can call 1-774-225-0599 if they reside in Texas, Ohio, Virginia, South Carolina, Massachusetts, Connecticut, New Hampshire, Maine, Rhode Island, and New Mexico. Metlife’s insurance products have been getting expensive over the years and if you have them it may be time to discuss your coverage and pricing options to see if staying loyal to a new company you don’t know will make sense or not.

Communications from Metlife & Farmers to Existing Customers

This letter was sent out to current customers. The letter stated the following ”

NEWS: MetLife Auto & Home® is now part of the Farmers Insurance Group®

Dear <John Q. Policyholder>:

We are pleased to announce that the MetLife Auto & Home business has been acquired by the Farmers
Insurance Group. As a result, your current MetLife Auto & Home coverage is now issued by an insurer that is
part of Farmers®.

There is nothing you need to do to continue enjoying your existing MetLife Auto & Home insurance.
Here’s what you can expect:

Your coverage continues without interruption according to existing policy terms and conditions.
You can continue calling the same numbers and accessing the same websites for customer service
and claims. The team will continue to be here for you with friendly, professional, and personalized
service.

 

If you obtained your insurance through an agent, your agent will continue to be your main point
of contact. They will work with Farmers to service your needs.

 

If you obtained your insurance through your workplace and your premium is paid through payroll
deduction, this will continue without interruption. MetLife will continue to manage this process
with your employer.

 

While your coverage is not changing, the MetLife, Inc. family of companies (“MetLife”) is no longer
affiliated with MetLife Auto & Home. As of today, your MetLife Auto & Home coverage is issued
by a Farmers company. If your policy is issued by a company including the word “Metropolitan,”
we will be changing the name of the issuing company of your insurance to reflect Farmers once
approved by regulators.

 

Again, there is nothing you need to do to continue enjoying your existing MetLife Auto & Home insurance.
The MetLife Auto & Home tradition of competitive rates, extra features, as well as superior coverage and
service will continue as part of Farmers.
On behalf of MetLife Auto & Home and Farmers, thank you for your continued loyalty. Our commitment to
our customers will continue as strong as ever.

Sincerely,
Jeff Dailey
CEO, Farmers Group, Inc.

If you have questions, please visit www.farmers.com/metpolicy/FAQ/. If you work with an independent
agency and have additional questions, please call your agency.

The Farmers Insurance Group | 6301 Owensmouth Ave | Woodland Hills, CA 91367
MetLife Auto & Home is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates, Warwick, RI, a brand licensed for use by MetLife, Inc., to
Farmers Group, Inc., the new owner of substantially all of the MetLife Auto & Home companies.

 

Farmers Finalizes Acquisition of MetLife Auto & Home Business for $3.9 Billion

Zurich Insurance and Farmers Exchanges have closed on buying MetLife’s U.S. property/casualty business for $3.94 billion. The business acquired includes 2.4 million MetLife Auto & Home policies, $3.6 billion of net written premiums (2019) and 3,500 employees, according to Zurich. he deal provides the Farmers brand an opportunity to gain more of a national presence and strengthen its position a major personal lines carriers in the U.S. Jeff Dailey, chief executive officer for Farmers Group, called the deal a “milestone” in his company’s nearly 100-year history.

He said Farmers-branded products will now be available nationwide, “providing consumers from coast to coast with more choices and opportunities to engage with Farmers when shopping for auto and home coverage.” “It is an acquisition that complements very well…what we see on the commercial side where the market is hardening,” Zurich Chief Executive Officer Mario Greco said last December in announcing the deal. Reuters was the first to report on Nov. 20 that Zurich was in talks to buy the MetLife business.

The Swiss insurer was to contribute $2.43 billion to the deal through its Farmers Group Inc (FGI) unit, while the Farmers Exchanges will contribute $1.51 billion, Zurich said. MetLife President and CEO Michel Khalaf said the sale would allow the life insurer to focus on its “core strengths.” The MetLife Auto & Home policies will remain the same other than being rebranding with the Farmers name, according to the company. As part of the transaction, the Farmers Exchanges entered into a 10-year exclusive distribution agreement with MetLife to offer Farmers personal lines products on MetLife’s U.S. Group Benefits platform, which reaches 3,800 employers and approximately 37 million eligible employees.

Farmers Group was acquired by Zurich Financial Services in 1998. The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries provide administrative and management services to the Farmers Exchanges.

 

Metlife and Farmers Merger Frequently Asked Questions

The Premier Shield Insurance agency is here to help. We are a licensed insurance agent current with Metlife, Farmers, and Foremost so we’ll be able to help answer any questions you may have about thist major announcement.

Many homeowners and auto insurance customers of Metlife are going to be really confused about what to do with their policies.

If you have any doubts or concerns in your mind about working with Farmers/Foremost/Metlife going forward, now is the time to work with an independent insurance agent who works with BOTH Metlife, Foremost, and Farmers to make sense of the situation.

Our licensed insurance agents can help you see if staying with the new Farmers or Foremost home and auto insurance product will make the most sense, or if finding another company to bundle home and auto insurance will make more sense.

Learn more about Farmers and Metlife Homeowners and Auto Insurance policy changes and what may be best for you by calling 1-774-847-7746 or contact us to learn more about this merger if you live in Massachusetts, Connecticut, Ohio, Virginia, South Carolina, New Hampshire, Maine, Rhode Island, Texas, and New Mexico.

  • What is going to happen with my Metlife Auto, Home, or Business Insurance Policy Now?
  • What Should I do with my Current Metlife Insurance Policy?
  • “What happens when my car insurance company is bought out?”
  • “What happens when my home insurance company is bought out?”
  • “What happens when my business insurance company is bought out?”

Metlife & Farmers Insurance Agent & Agency SEO Keywords for 2021

Below is a list of incoming search terms we track that people find our website content through Google, Facebook, & Twitter SEO.

  • “2021 Farmers And Metlife”
  • “2021 Metlife and Farmers”
  • “Acquisition”
  • “Auto And Home”
  • “Farmers Acquisition”
  • “Farmers And Acquisition”
  • “Farmers And Auto And Home”
  • “Farmers And Farmers Acquisition”
  • “Farmers And Farmers Auto And Home”
  • “Farmers And Farmers Home And Auto”
  • “Farmers And Farmers Merger And Acquisition”
  • “Farmers And Farmers Merger Or Acquisition”
  • “Farmers And Farmers Merger”
  • “Farmers And Farmers”
  • “Farmers And Home And Auto”
  • “Farmers And Merger And Acquisition”
  • “Farmers And Merger Or Acquisition”
  • “Farmers And Merger”
  • “Farmers And Metlife”
  • “Farmers And Metlife Home and Auto Insurance”
  • “Farmers And Metlife Homeowners and Auto Insurance”
  • “Farmers And Metlife Acquisition”
  • “Farmers And Metlife Acquisition 2021”
  • “Farmers And Metlife Auto And Home”
  • “Farmers And Metlife Home And Auto”
  • “Farmers And Metlife Merger And Acquisition”
  • “Farmers And Metlife Merger Or Acquisition”
  • “Farmers And Metlife Merger”
  • “Farmers And Metlife”
  • “Farmers And”
  • “Farmers Auto And Home”
  • “Farmers Buys MetLife Auto & Home Business”
  • “Farmers Home And Auto”
  • “Farmers Merger And Acquisition”
  • “Farmers Merger Or Acquisition”
  • “Farmers Merger”
  • “Farmers”
  • “Home And Auto”
  • “Merger And Acquisition”
  • “Merger Or Acquisition”
  • “Merger”
  • “Metlife Acquisition”
  • “Metlife And Acquisition”
  • “Metlife And Auto And Home”
  • “Metlife And Farmers Acquisition”
  • “Metlife And Farmers Auto And Home”
  • “Metlife And Farmers Home And Auto”
  • “Metlife And Farmers Merger And Acquisition”
  • “Metlife And Farmers Merger Or Acquisition”
  • “Metlife And Farmers Merger”
  • “Metlife And Farmers”
  • “Metlife And Home And Auto”
  • “Metlife And Merger And Acquisition”
  • “Metlife And Merger Or Acquisition”
  • “Metlife And Merger”
  • “Metlife And Metlife Acquisition”
  • “Metlife And Metlife Auto And Home”
  • “Metlife And Metlife Home And Auto”
  • “Metlife And Metlife Merger And Acquisition”
  • “Metlife And Metlife Merger Or Acquisition”
  • “Metlife And Metlife Merger”
  • “Metlife And Metlife”
  • “Metlife Auto And Home”
  • “Metlife Home And Auto”
  • “Metlife Merger And Acquisition”
  • “Metlife Merger Or Acquisition”
  • “Metlife Merger”
  • “Metlife”
  • “Farmers Buys Metlife Home and Auto”

Additional News Pieces about the Metlife Auto & Home Insurance Buyout by Farmers

Learn more about home & auto coverage for bundling insurance customer ratings, reviews testimonials on Google & Facebook. Also be sure to follow Premier Shield Insurance on Instagram, Linkedin, Yelp, Tumblr, YouTube, Twitter, and Facebook for new insurance-related content!

 

About Premier Shield Insurance Agency

 

The Premier Shield Insurance Agency specializes in flood car/auto, home/condo, commercial/flood/auto/trucking, local/national business, life, motorcycle, boat/personal watercraft, and small business insurance.

We have longstanding strategic partnerships with many large and high-quality insurance companies like Progressive, Metlife, Neptune Flood, Openly, Universal Property and Casualty, Plymouth Rock, and Safeco to help bring consumers the best coverage and pricing options for their insurance needs.

Premier Shield small business and commercial agents utilize Hiscox for our small business insurance solutions providing general liability, E&O or errors and commissions, D&O or director and office, business owners’ policies to provide Premier Shield Insurance customers with lost-cost and cheap options for small business owners.

Our agency believes in creating a “well informed” consumer base when it comes to dealing with insurance needs for flood, auto & home insurance. We know we have excellent insurance companies offering price stability for homeowners who bundle with auto. We have been finding many new customers in 2021 “searching for auto and homeowners quotes” and we are here to help and provide world-class customer service and friendly agents.

Request a quote for your policy online!