Cascade Farmers Mutual Insurance Company

What Cascade Farmers Mutual Insurance Company does

Cascade Farmers Mutual Insurance Company is a Montana-domiciled mutual property and casualty insurer headquartered at 5000 9th Ave S in Great Falls, MT. Founded in 1911 as the Eden Farmers Mutual Fire Insurance Company and incorporated in January 1913 as Cascade County Farmers Mutual, it has operated continuously for over 110 years and currently insures more than 5,000 members throughout Montana. The company is wholly owned by its policyholder-members and carries a Demotech A (Exceptional) Financial Stability Rating, with reinsurance placed through A-rated reinsurers.

The product portfolio spans multiple property and casualty lines: a Homeowners Insurance Package, Farm and Ranch Insurance, Condominium Insurance, Secondary/Seasonal Home Insurance, Renters Insurance, Auto/RV/Motorcycle/Boat/ATV Insurance (offered via national carriers for bundling), and Flood Insurance. The Platinum Package add-on, priced at approximately $15 per month, layers service line coverage (sewer, septic, water, power, geothermal piping), equipment breakdown coverage (furnaces, hot water heaters, central AC), and identity recovery onto Homeowners or Farmowners policies. There is no proprietary technology platform disclosed; operations rely on third-party InvoiceCloud for policyholder payments and IMTApps for agent login/portal functionality.

The business model is direct-to-consumer insurance premium collection (subscription/recurring premiums) from individual and SMB policyholders across Montana, sold via phone, the company website with free-quote functionality, and in-person consultation at the Great Falls office. Multi-policy bundling discounts and the Platinum Package upsell drive revenue per member. Distribution is entirely domestic Montana, with marketing driven by the company website, free quote requests, phone inquiries, and online reviews/word-of-mouth rather than paid digital or broker channels. The company is governed by a board including President John Schipf, Vice-President Paul Hinderager, and Secretary/Treasurer Jim Kulish, with operational management by General Managers SuAnn Konesky and Ronda Shatto and agents Crystal Rentfro and Tiffany McLaughlin.

Name

Cascade Farmers Mutual Insurance Company

Legal name

Cascade Farmers Mutual Insurance Company

Website

https://cascadefarmersmutual.com

Company type

Private

Founded year

1911

Operating status

Operating

Headcount range

1–10 employees

Short description

Cascade Farmers Mutual Insurance Company is a Montana mutual property and casualty insurer, founded 1911 and headquartered in Great Falls, serving 5,000+ policyholder-members across Montana with homeowners, farm/ranch, auto, condo, renters, seasonal home, and flood coverage plus a Platinum Package add-on.

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412)

akta.pro primary industry

Crop & Farm Property Insurance (FSAJACAK)

Keywords

• Property casualty insurance
• Farm ranch insurance
• Homeowners insurance
• Mutual insurance company
• Flood insurance

Headquarters

HQ city

Great Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Insurance Premiums: Cascade Farmers Mutual Insurance Company generates revenue through insurance premiums collected from policyholders. As a mutual insurance company, it is owned by its members/policyholders. The company offers multiple lines of business including home insurance, farm and ranch insurance, auto insurance, condominium insurance, renters insurance, and seasonal home insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cascade Farmers Mutual Insurance Company is a Montana mutual property and casualty insurer that underwrites and sells personal lines insurance policies—including homeowners, farm and ranch, condominium, renters, seasonal/secondary home, flood, and auto/RV/motorcycle/boat/ATV coverage—directly to Montana residents through its Great Falls office. Policyholders become member/owners of the mutual, and the company offers free quotes, multi-policy bundling discounts, and a Platinum Package add-on combining service line, equipment breakdown, and identity recovery coverage.

Product overview

Cascade Farmers Mutual Insurance Company offers a portfolio of insurance products focused on property and casualty coverage for Montana residents. The core offerings include Homeowners Insurance Package, Farm and Ranch Insurance, Condominium Insurance, Secondary/Seasonal Home Insurance, Renters Insurance, and Auto/Vehicle Insurance. The company also provides Flood Insurance and a Platinum Package add-on that bundles service line coverage, equipment breakdown protection, and identity recovery coverage. All products are available through their Great Falls, MT office serving members throughout Montana.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowners Insurance Package Standard homeowner insurance package covering dwelling, other structures, additional living expense, and personal liability for Montana homeowners. Optional endorsements include Platinum Package, expanded replacement cost, sewer backup, scheduled jewelry, artwork, guns, and personal injury liability.
• Farm and Ranch Insurance Farmowner insurance package covering farm structures, farm personal property, farm machinery, and personal farm liability for Montana farming and ranching operations.
• Condominium Insurance Coverage for accidental damage to improvements made in condominium units that the association's master policy does not cover.
• Secondary or Seasonal Home Insurance Seasonal policies available with replacement cost, broad, and basic peril coverage, providing coverage for dwelling, other structures, personal property, and liability for vacation, holiday, or secondary homes in Montana.
• Renters Insurance Tenant personal property policies providing coverage for household contents, personal belongings, additional living expense, and medical payments for Montana renters.
• Auto, RV, Motorcycle, Boat and ATV Insurance Vehicle insurance policies offered through national carriers to create a complete package for property and liability insurance needs, covering automobiles, RVs, motorcycles, boats, and ATVs for Montana residents. Multi-policy discounts may apply when bundled with property insurance.
• Flood Insurance Flood coverage for properties in Montana, addressing the risk of spring flooding from heavy snow melt. Policies may have up to a 30-day waiting period at time of purchase.

Named customers3 records

Segments6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Auto-Owners Insurance: Auto-Owners is a mutual P&C insurer selling home, auto, and business coverage through independent agents across the Midwest and South. Comparable mutual structure and multi-line P&C focus, though much larger in scale.
• Farm Bureau Financial Services: Farm Bureau Financial Services provides farm and ranch, homeowners, auto, and life insurance across the rural Midwest and West. Highly comparable to Cascade Farmers Mutual's agricultural and rural-property focus, though it operates across many states rather than a single state.
• Erie Insurance Group: Erie Insurance is a mutual P&C carrier distributing through exclusive agents primarily in the Eastern US. Comparable mutual structure, multi-line P&C product set (home, auto, condo), and exclusive-agent distribution model.
• COUNTRY Financial: COUNTRY Financial is a mutual insurance group serving rural and small-town America with farm, home, auto, and life coverage. Comparable mutual structure, rural/agricustomer focus, and multi-line P&C portfolio overlapping with Cascade Farmers Mutual.
• Mountain West Farm Bureau Mutual Insurance Company: Mountain West Farm Bureau is a regional mutual insurer offering farm, ranch, home, and auto coverage in Wyoming and neighboring Mountain West states. Closely comparable rural/farm mutual model serving adjacent geography to Cascade Farmers Mutual.
• Shelter Mutual Insurance Company: Shelter Insurance is a mutual P&C carrier offering auto, home, farm, and life products across the central US. Mutual structure and rural/small-market positioning make it a strong comparable to Cascade Farmers Mutual's member-owned model.
• Farmers Union Insurance: Farmers Union Insurance provides farm, ranch, home, and auto coverage through regional mutuals across the Midwest and West. Comparable mutual structure and farm/ranch product focus to Cascade Farmers Mutual.

Broad incumbents

• State Farm Mutual Automobile Insurance Company: State Farm is the largest US mutual P&C insurer, offering home, auto, farm, and life coverage nationally. Competes with Cascade Farmers Mutual in Montana homeowners and auto but operates at vastly greater scale across all 50 states.
• Allstate Corporation: Allstate is a major national P&C insurer offering home, auto, condo, and renters coverage. Competes head-on with Cascade Farmers Mutual's homeowners and auto products, but as a publicly traded incumbent with national scope.
• Nationwide Mutual Insurance Company: Nationwide is a large mutual P&C carrier with farm, home, auto, and commercial products sold nationally. Comparable mutual structure and farm-agri line of business, but with much broader geographic and product reach than Cascade Farmers Mutual.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cascade Farmers Mutual Insurance Company