As one of the leaders in the insurance industry in the United States, Farmers offers the stability and range of options other major insurers do. In addition to the basics, they also have customization options like coverage for security equipment and accessories (including gear), trip interruption, and replacement cost total loss settlements. It also provides a renewal discount for maintaining continuous coverage potentially lowering the policyholder's rates as time goes by. However, their reputation is mixed as to customer service and willingness to pay claims quickly. Additionally, according to Standard & Poor's 2018 analysis of the company, Farmers has tried to make up for operating losses with cumulative rate increases, which begs the question of whether these increases will continue if the company doesn't meet its financial goals. Overall, Farmers remains a good choice for motorcycle insurance, giving policyholders the stability and convenience of an established company with a solid reputation and national reach.