About Us

Our Story

Born in Randolph County, built for all of North Carolina.

Farmers Mutual Insurance began in North Carolina in 1892 by a special act of the legislature. Soon thereafter, Farmers Mutual Insurance began in Randolph County under the Randolph County Branch of the Farmers Mutual Insurance Association of North Carolina. In 1980, the Farmers Mutual Businessmen’s Insurance Company of Randolph County was organized as a separate branch of the state association.

Effective January 1, 1994, the Farmers Mutual Insurance Company of Randolph County and the Farmers Mutual Businessmen’s Insurance Company of Randolph County were chartered as separate and independent corporations, replacing the Farmers Mutual Fire Insurance Association of North Carolina. In 1996, a reorganization began under which the Farmers Mutual Insurance Company of Randolph County was dissolved and all of its surplus was distributed to its policyholders under the terms of its by-laws. The Farmers Mutual Businessmen’s Insurance Company of Randolph County took over the insurance policies of the old company.

In 1996, by action of the Board of Directors and the policyholders, the charter of the Farmers Mutual Businessmen’s Insurance Company of Randolph County was amended to change its name to Carolina Farmers Mutual Insurance Company — and to change from a county mutual to a limited assessable mutual with multiple line authority.