Farmers Insurance Group of Companies has introduced a new homeowner’s insurance policy called Farmers Next Generation Home Policy, which it claims to provide new features and coverage flexibility, and competitive pricing.

According to Farmers Insurance, the new policy offers discounts for professionals such as physicians, educators and law enforcement personnel. Homes with newer roofs will also qualify for substantial savings. Policy features include replacement cost coverage for their home and personal property along with coverage such as identity fraud.

Jim Swope, vice president and state executive director for North Texas at Farmers Insurance, said: “We’re thrilled to be able to provide Texas consumers with an improved product for their hard-earned dollar. The great service provided by our agents, combined with this new policy, will provide new levels of value to consumers.”

John Henle, executive director for South Texas at Farmers Insurance, said: “Our ‘Farmers Next Generation Home Policy’ will provide our customers the ability to select a policy that they can tailor to fit their specific insurance needs.

“No two families are alike, so no two families have the same insurance needs, and this policy gives more options to suit every need. Farmers agents throughout Texas can be contacted to find out more about the Farmers Next Generation Home Policy.”