The company said in a statement that its decision to get out of Florida was a business decision necessary to manage its risk exposure in the hurricane-prone state.
One month after it said it would stop writing new homeowner policies in Florida, Farmers Insurance said it will stop offering auto, home and umbrella policies.
"Farmers Insurance will stop offering its policies in Florida, including home, auto and umbrella policies, in a change that will force thousands of people to change their insurance provider."
Thousands of Florida residents are seeking new insurance coverage after Farmers Insurance announced they would no longer be offering coverage in the state.