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Farm Bureau Insurance

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Idaho's largest insurance company wholly based in the state, providing auto, home, farm and ranch, business, and life insurance since 1947.

Last updated October 14, 2026

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Overview

Farm Bureau Insurance, formally the Farm Bureau Insurance Company of Idaho, is a mutual insurance company headquartered in Pocatello, Idaho. It was founded on May 1, 1947, by a group of Idaho farmers and ranchers as the Idaho Farm Insurance Company, later renamed Farm Bureau Mutual Insurance Company of Idaho, and restructured under its current name in 2024. The company is built on the belief that neighbors should help neighbors, a principle that has shaped its customer-centered culture for more than seven decades. The company offers a full range of personal and commercial insurance products, including auto, motorcycle, home, renters, business, farm and ranch, crop, life, umbrella, and recreational insurance. It is one of Idaho's leading auto insurers, the largest writer of farm and ranch insurance in the state, and the largest insurance company wholly based in Idaho. Policies are sold through dedicated agents located throughout the state, and policyholders automatically become members of the Idaho Farm Bureau Federation, gaining access to member benefits such as discounts on tires, trucks, lodging, rental cars, and movie tickets. Farm Bureau Insurance operates exclusively in Idaho, focusing on the state's unique risks such as unpredictable climate and remote regions. The company emphasizes local expertise, community involvement, and a long history of volunteerism and public service. Todd Argall serves as Executive Vice President and CEO, and the company continues to invest in Idaho communities while maintaining its reputation as a company that helps its neighbors.

History

Farm Bureau Insurance was founded on May 1, 1947, when a group of Idaho farmers and ranchers established the Idaho Farm Insurance Company. The company was grounded in the belief that neighbors should help neighbors, and it began operations from a single office in Pocatello, Idaho, offering only auto insurance. Premiums for the first 60 days of business totaled just over $10,000. Over the following decades, the company grew and expanded its product offerings to meet the changing needs of Idaho families. It later became known as Farm Bureau Mutual Insurance Company of Idaho. Guided by the founders' beliefs, subsequent generations of employees and agents built the company into one of Idaho's leading auto insurers, the largest writer of farm and ranch insurance in the state, and the largest insurance company wholly based in Idaho. In 2024, the company restructured as the Farm Bureau Insurance Company of Idaho. Throughout its history, Farm Bureau Insurance has maintained a customer-centered culture, a commitment to communities, and a long tradition of volunteerism and public service. The company continues to be led by CEO Todd Argall, who emphasizes the company's commitment to helping its neighbors.

  • 2024

    Restructured as Farm Bureau Insurance Company of Idaho.

  • 1947

    Founded on May 1 as Idaho Farm Insurance Company by a group of Idaho farmers and ranchers; began offering auto insurance from Pocatello office.

Products and positioning

Idaho's largest insurance company wholly based in the state, known for local expertise and neighbor-helping-neighbor culture.

  • Auto Insurance

    Coverage for personal vehicles, including optional collision, comprehensive, and auto medical coverage.

  • Home Insurance

    Property insurance for homeowners, including additional living expense and debris removal coverage.

  • Farm & Ranch Insurance

    Specialized coverage for farms and ranches, making the company the largest writer of farm and ranch insurance in Idaho.

  • Business Insurance

    Insurance products for businesses of various sizes.

  • Life Insurance

    Life insurance policies for individuals and families.

  • Crop Insurance

    Coverage for agricultural crops.

  • Motorcycle Insurance

    Insurance for motorcycles.

  • Renters Insurance

    Insurance for renters.

  • Umbrella Insurance

    Additional liability coverage.

  • Recreational Insurance

    Insurance for recreational vehicles and activities.

Recent events

  • Unconfirmed

    Reported

    Farm Bureau Insurance finalizes Mountain West acquisition[5]

    Farm Bureau Insurance has finalized its acquisition of Mountain West, according to a Lynnwood Times report published on 2026-10-04.

  • Reported

    Farm Bureau Insurance commits support for Summer Community Theatre[6]

    Farm Bureau Insurance committed to provide $30,000 each year for three years to support Idaho State University’s Summer Community Theatre Program.

  • Reported

    Farm Bureau of Louisiana announces food-bank donation[7]

    Farm Bureau of Louisiana is donating $500,000 to food banks across the state as part of a larger Farm Bureau Insurance initiative to donate $2.3 million to food banks in the states it serves.

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