Acuity vs. Colorado Farm Bureau: Which Company is the Best Fit for You?

Quick Facts

• In general, Colorado Farm Bureau offers significantly cheaper prices than Acuity
• Acuity may help you save more money -- they offer more discounts than Colorado Farm Bureau Insurance
• Colorado Farm Bureau has less expensive rates for policyholders who haven't received any speeding tickets or been in a collision in the last few years

Acuity or Colorado Farm Bureau: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering big savings, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Acuity or Colorado Farm Bureau for your next policy, but which company has more affordable prices for car insurance?

As you can see, Colorado Farm Bureau has average rates that are around 60% a month cheaper than those from Acuity when looking at the national average rates for insurance.

Even so, that doesn't mean Colorado Farm Bureau will necessarily be more affordable than Acuity for each driver. Car insurance carriers vary their premiums depending on things like how clean your driving record is, how old you are, where you live, how good your credit score is, and tons of other factors, so rates will vary quite a bit from person to person.

So, if you want to find out which of Acuity or Colorado Farm Bureau is really the best for you, keep reading to see average prices for each company broken down by several different rate factors.

Acuity vs. Colorado Farm Bureau: Average Car Insurance Rates by State

Acuity and Colorado Farm Bureau only compete against each other in Colorado, where Colorado Farm Bureau offers the cheaper average rates. Colorado Farm Bureau drivers tend to pay about $250 per month less on average compared to drivers who use Acuity for their auto insurance.

But there's more to calculating car insurance premiums than just your home state. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for auto insurance compared to older drivers. That's typically because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Colorado Farm Bureau for their auto insurance pay over 75% less than those who use Acuity.

That being said, both companies will lower rates by the time drivers turn 25. For example, average prices for Acuity policyholders reduce more than 75% and Colorado Farm Bureau's premiums drop almost 40% over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest rates you can find.

But who has the best premiums for retired drivers between Acuity and Colorado Farm Bureau? Colorado Farm Bureau gets the edge, with prices for drivers 65 and older nearly 40% less expensive than the national average for Acuity.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance rates tend to be more affordable for married couples than they are for single drivers. This usually boils down to married policyholders having multiple vehicles on their policy -- something lots of insurance carriers will reward with discounts.

For those who are single, the difference in average prices between these two companies is significant, with Colorado Farm Bureau premiums coming in at about a third of Acuity's. The advantage for married drivers with Colorado Farm Bureau is also obvious, where drivers save almost 45% a month.

Acuity or Colorado Farm Bureau: Average Rates by Gender

Men are statistically more likely than women to get into an accident or get pulled over for speeding. That means when it comes to auto insurance men will generally end up paying a little more.

On average, men see rates around 6% per month higher with Acuity, but with Colorado Farm Bureau, the difference is closer to 2% a month.

Looking at the data for each carrier specifically, Colorado Farm Bureau comes out on top for both men and women. On average, male drivers save about $190 per month and women save about $173 with Colorado Farm Bureau compared to the average Acuity policyholder.

Acuity vs. Colorado Farm Bureau: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that car insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers and their passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability).

Looking specifically at state minimum limits for liability insurance, Colorado Farm Bureau has the significant edge, with average monthly premiums coming in at $71. If you want a full coverage policy with the same state minimum limits, Colorado Farm Bureau again has the edge, with policies averaging around $193 a month to Acuity's $454.

Is Acuity or Colorado Farm Bureau Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that collisions and speeding tickets lead to higher prices, but which company -- Acuity or Colorado Farm Bureau -- has the most affordable premiums for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Acuity for their auto insurance can usually expect their monthly bill to go up about 29% after getting a speeding ticket. Colorado Farm Bureau policyholders can expect a less drastic increase of around 16%.

However, Colorado Farm Bureau is typically the cheaper option for drivers both with a ticket and with a clean record, offering rates that are $117 and $189 less expensive, respectively, compared to Acuity Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault collision with Acuity increasing by about 33%. Colorado Farm Bureau has a less extreme raise, but you can still expect to pay nearly 20% more than you were prior to your first accident.

At the end of the day, Colorado Farm Bureau offers the lowest rates for drivers with an at-fault collision on their records, with average prices coming in at $137 compared to Acuity Insurance's $344.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- normally a lot more than an accident or speeding ticket. Acuity drivers usually see a 36% climb in their insurance premiums after a DUI charge, while Colorado Farm Bureau will usually increase prices by around 22%.

But if you end up with a DUI charge and are looking for more affordable premiums, Colorado Farm Bureau tends to be cheaper for the average driver, with monthly premiums coming in at about $144 to Acuity's $357.

How does Credit Score Impact Acuity and Colorado Farm Bureau Rates?

Did you know many auto insurance companies take into account your credit score when determining rates? Certain states and carriers do not allow for credit score to be used as an insurance factor, but it might come into play for many drivers.

The reasoning car insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with less expensive prices.

So, which carrier offers the best rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Colorado Farm Bureau will typically reward you the most. For policyholders with "excellent" credit scores, Colorado Farm Bureau comes in just under 68.7 more affordable. Drivers with "good" credit scores normally save around 63% with Colorado Farm Bureau compared to average premiums from Acuity.

Which Company is Best for Drivers with Bad Credit?

Colorado Farm Bureau typically offers lower rates than Acuity when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 58% per month less with Colorado Farm Bureau compared to Acuity, and those with "poor" scores usually save an average of around 47% per month.

Is Acuity or Colorado Farm Bureau Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a large impact on your monthly auto insurance bill. Generally, the more milage you put on your car each year, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Colorado Farm Bureau charges. However, there's a pretty significant difference in monthly premiums for Acuity, with policyholders who drive the least paying about $33 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Colorado Farm Bureau is the less expensive company.

Acuity or Colorado Farm Bureau: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a considerable impact on your monthly car insurance payment. Normally, those who live in urban areas will pay more than drivers in rural areas due to the number of vehicles that are on the roads where they live.

Colorado Farm Bureau boasts the lowest average premiums for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save around $168 with Colorado Farm Bureau compared to Acuity. People who live in suburban areas pay about $157 less with Colorado Farm Bureau compared to Acuity. For policyholders in urban ZIP codes, Colorado Farm Bureau Insurance's average prices are around $219 less than Acuity Insurance.

Acuity vs. Colorado Farm Bureau Discounts

No matter why you might be in the market for a new insurance policy, you're always going to want to save as much money as you can. That's where auto insurance discounts comes into play.

The hard part is finding all of the discounts you're eligible for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and compared all of the different discounts offered by Acuity and Colorado Farm Bureau so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Overall, Acuity comes out ahead with nine discounts to Colorado Farm Bureau's four.

There are a couple discounts both carriers offer, but Acuity also offers discounts for college graduate, continuous insurance, COVID-19 relief, and more.

On the other hand, Colorado Farm Bureau has a few proprietary discounts of their own like driver training discounts and multi-policy discounts.

Final Thoughts: Is Acuity or Colorado Farm Bureau Best for You?

So, we've broken down the average rates for many of the factors car insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the best carrier for you and your specific needs?

Colorado Farm Bureau might be best for you if....

• You have an at-fault accident on your record.
• You want the most robust protection via a "full coverage" policy.
• You drive fewer than 6,000 miles each year.

Acuity might be best for you if...

• You're looking for discounts -- Acuity has the most.

Hopefully, this guide helps you get a better idea of the difference between Acuity and Colorado Farm Bureau and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of carriers, not just Acuity and Colorado Farm Bureau. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

Acuity vs. Colorado Farm Bureau FAQs

Is Acuity or Colorado Farm Bureau cheaper?

Colorado Farm Bureau is the more affordable of the two carriers when looking at national average prices, with policies averaging $132 a month with Colorado Farm Bureau and $313 for Acuity. Even so, that doesn't mean Colorado Farm Bureau will be the most affordable carrier for everyone, since there are many different variables that come into play when it comes to your car insurance cost.

Who is better, Acuity or Colorado Farm Bureau?

Sadly, the real answer is "it depends.". One company is not "better" for every policyholder -- it all comes down to what your unique insurance profile looks like.

Why do Acuity and Colorado Farm Bureau offer me different rates?

Car insurance companies use several different factors when calculating the premiums they charge. Variables like your driving record, where your home is, age, gender, and sometimes even things like your credit score can all come into play. Both Acuity and Colorado Farm Bureau calculate rates differently, so it's likely they'll offer different prices. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Acuity or Colorado Farm Bureau is right for me?

The only way to find the insurance company that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the most affordable price. And maybe you'll find that the best carrier for you isn't Acuity or Colorado Farm Bureau at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.