COMPANY HISTORY

The North Carolina Farm Bureau Mutual Insurance Company was incorporated September 13, 1953 under the laws of North Carolina, and first conducted business on October 2 of that year. With its home office in Raleigh, the company has become the largest domestic property and casualty insurer in the state. As a mutual insurance company, we are owned and controlled by our policyholders through an elected board of directors.

Our company is an affiliate of the North Carolina Farm Bureau Federation, a non-profit membership organization representing the agricultural interests of our state. The North Carolina Farm Bureau Federation also provides educational, economic, public affairs, marketing, and various other services to its members. As one of these services, our company was formed to provide rural and farming citizens appropriate and affordable insurance coverage. We have remained faithful to that premise throughout our years of growth and service. In fact, many diverse lines of coverage are now offered to meet the wide range of insurance needs faced by most citizens of North Carolina.

Utilizing a network of approximately 800 exclusive agents, North Carolina Farm Bureau Insurance ranks among the leading property and casualty insurance organizations. Insurance coverage is provided exclusively to more than 430,000 Farm Bureau members and their dependents.

With assets of over $1 billion and an A.M. Best Company, Inc. rating of A (Excellent), we are well positioned and equipped to serve our policyholders in both personal insurance and the many commercial lines of coverage we provide.

Also, as a major employer with more than 750 employees, we provide equal opportunities for employment to those qualified individuals seeking to become associated with our company as an employee or agent.

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