Fergus Farm Mutual Insurance

What Fergus Farm Mutual Insurance does

Fergus Farm Mutual Insurance is a Montana-based property and casualty insurance carrier founded in 1908 in Fergus County. The company writes personal lines (homeowners, mobile homeowners, rental property, tenant, and dwelling) and farm/ranch lines (farm owners, farm rental, tenant farm, rural non-farm) exclusively within the state of Montana, and holds Certificate of Authority #4684 from the Montana Department of Insurance. As a mutual insurance company, it is owned by its policyholders rather than shareholders, with profits reinvested for member benefit.

The company distributes policies exclusively through licensed, independent Montana insurance agents and processes claims through a statewide network of Montana-based independent adjusters. Premiums are quote-based and not publicly disclosed; the only stated fee is a 3.5% transaction fee on credit/debit card payments processed through Invoice Cloud, a third-party PCI-compliant payment portal supporting ACH, AutoPay, Pay by Text, and paperless billing. Customer service is delivered by a small staff (Manager Tina Stokken, Claims lead Brandy Potter, Underwriting lead Fiona Rice, and additional staff) under a leadership team headed by President Scott Fox and Vice President Rick Poss, with directors Doug Hitch, John Stoican, Sarah Aamold, and Dan Deegan.

Fergus Farm Mutual operates from a single headquarters at 224 West Main, Suite 503, Lewistown, Montana, with 11-50 employees and no subsidiaries, no parent company, no institutional investors, and no disclosed proprietary technology platform. The company's value proposition rests on mutual ownership, Montana-only geographic focus that insulates rates from out-of-state catastrophes, and local-agent expertise rather than technology differentiation.

Name

Fergus Farm Mutual Insurance

Legal name

Fergus Farm Mutual

Website

https://fergusfarmmutual.com

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

11–50 employees

Short description

Fergus Farm Mutual Insurance is a Montana-based mutual property and casualty insurer founded in 1908, serving homeowners, renters, farmers, and ranchers exclusively within Montana through a statewide network of licensed independent agents.

Ownership category

akta.pro rank

Product category

Property & Casualty Insurance

NAICS

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

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Crop & Farm Property Insurance (FSAJACAK)

Keywords

• Property casualty insurance
• Homeowners insurance
• Farm ranch insurance
• Mutual insurance company
• Rural property insurance

Headquarters

HQ city

Lewistown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property & Casualty Insurance Premiums: Fergus Farm Mutual generates revenue through insurance premiums for property and casualty coverage. As a mutual insurance company, it is owned by policyholders rather than shareholders, which means profits are reinvested into the company for the benefit of members. The company writes homeowners, farm/ranch, rental property, and dwelling insurance policies exclusively within Montana.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Fergus Farm Mutual Insurance is a mutual property and casualty insurance carrier that writes coverage exclusively in Montana through licensed independent insurance agents. The company offers two main product lines: Personal Insurance (homeowners, mobile homeowners, rental property, tenant policies, and dwelling property) and Farm/Ranch Insurance (farm owners, farm rental property, tenant farm policies, and rural non-farm properties). Policies are sold and serviced through Montana-based agents with claims handled by a statewide network of independent Montana adjusters.

Product overview

Fergus Farm Mutual Insurance is a Montana-based property and casualty insurance company offering a unified portfolio of insurance products. The company operates as a single-product insurance carrier focused exclusively on Montana, providing two main product lines: Personal Insurance (Homeowners, Mobile Homeowners, Rental Property, Tenant Policies, and Dwelling Property Insurance) and Farm/Ranch Insurance (Farm Owners, Farm Rental Property, Tenant Farm Policies, and Rural Non-Farm Properties). All products are distributed exclusively through licensed, independent Montana insurance agents and processed through Montana-based claims adjusters.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowners Insurance Property insurance coverage for homeowners protecting against damage to residential structures and personal property in Montana.
• Mobile Homeowners Insurance Insurance coverage specifically designed for owners of mobile or manufactured homes in Montana.
• Rental Property Insurance Insurance coverage for landlords protecting rental properties against property damage and liability in Montana.
• Tenant Policies Insurance coverage for renters protecting personal belongings and liability within a rented residence in Montana.
• Dwelling Property Insurance Property insurance coverage for dwellings, typically covering the structure itself against specified perils in Montana.
• Farm Owners Insurance Comprehensive insurance coverage for farmers and ranchers protecting farm property, equipment, and operations in Montana.
• Farm Rental Property Insurance Insurance coverage for rental properties located on farms or agricultural land in Montana.
• Tenant Farm Policies Insurance coverage for individuals who rent farmland or farm property in Montana.
• Rural Non-Farm Properties Insurance Insurance coverage for rural residential properties in Montana that are not used for farming operations.

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

One partnership is on record.

• Invoice CloudcoreTechnology or IntegrationInvoice Cloud provides the online payment portal for Fergus Farm Mutual policyholders. The platform supports credit/debit card payments (Visa, Mastercard, Discover), electronic check (ACH), AutoPay, scheduled payments, Pay by Text, paperless billing, and account linking. Invoice Cloud maintains PCI compliance and uses industry-standard security for handling payment information.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• State Farm: The largest US personal-lines mutual insurer; broadly competes with Fergus Farm Mutual's homeowners, rental, and tenant policies but operates nationwide with mixed P&C and life offerings. Comparable on mutual ownership philosophy and personal-lines focus.
• Auto-Owners Insurance: A mid-sized mutual property and casualty insurer operating across roughly 30 states via independent agents. Broader product mix than Fergus Farm Mutual but similar mutual model and independent-agent distribution.
• Erie Insurance: A Pennsylvania-based mutual P&C carrier writing personal and commercial lines through exclusive agents in the Midwest and Mid-Atlantic. Similar mutual ownership philosophy and personal-lines emphasis.
• Cincinnati Financial: A Midwest-based P&C carrier group writing through independent agents with meaningful commercial and personal property exposure, including farm accounts. Comparable independent-agent distribution and farm-property competence.
• USAA: A large member-owned mutual P&C insurer serving a tightly defined niche (military community). Comparable to Fergus Farm Mutual on the mutual structure and member-targeted philosophy.

Direct peers

• Shelter Insurance: A Missouri-based regional mutual insurance carrier writing auto, homeowners, farm, and personal property. Highly comparable to Fergus Farm Mutual as a state/regional farm-oriented mutual reliant on independent agents.
• Farm Bureau Financial Group: A Midwest mutual insurance group offering farm/ranch, home, auto, and life policies through state Farm Bureau federations. Direct comparable on the farm-ranch property insurance niche and use of exclusive state-level agent networks.
• COUNTRY Financial: A Midwest mutual insurance company offering farm, home, auto, and life coverages primarily through exclusive agents in rural and small-town markets. Comparable customer base (rural/agricultural) and mutual ownership model.
• Mountain West Farm Bureau Mutual Insurance Company: A regional farm-bureau-affiliated mutual writing farm, ranch, home, and auto coverage in the Mountain West. Direct comparable on Montana-region farm property and mutual structure.

Others

• National Association of Mutual Insurance Companies (NAMIC): The national trade association of which Fergus Farm Mutual is a member per its corporate history. Not a competitor but an industry-body counterpart relevant for understanding the broader mutual-insurance ecosystem in which the company operates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fergus-farm-mutual-insurance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Fergus Farm Mutual Insurance