Acuity vs. Farmers: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Farmers offers significantly more affordable prices than Acuity
• Farmers tends to be a much cheaper option for policyholders who live in rural neighborhoods
• Farmers 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 Farmers: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering hefty savings. But exactly how much can you save by switching?

You've maybe even narrowed it down to Acuity or Farmers, but which one will save you the most?

Looking at the national average rates for both carriers, Farmers has average rates that are around 35% a month more affordable than those from Acuity.

However, Farmers may not be the lowest or best option for every single driver out there. Auto insurance companies use a variety of complex algorithms to determine premiums, so depending on how old you are or how good your credit score is (among a wide array of other factors), you could see wildly different rates from the ones above.

Wanting to know if Acuity or Farmers is really the right carrier for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Acuity vs. Farmers: Average Car Insurance Rates by State

Acuity and Farmers only compete against each other in two states, with Farmers offering less expensive premiums to the average driver in all of them. Colorado has the most noticable difference, where Farmers prices are $124 cheaper than insurance rates at Acuity.

That being said, there's a lot more that goes into your car insurance cost than just your home state. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for insurance than any other group of drivers. It's typically because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But that doesn't mean that teen drivers have to just accept sky-high car insurance prices. As you can see above, teens who use Farmers save almost 45% per month compared to those who use Acuity.

That being said, with both carriers, you'll see your rates reduce significantly by the time you turn 25. For example, average premiums for Acuity policyholders decrease over 75% and Farmers's prices drop more than 70% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the cheapest auto insurance premiums you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

But who has the best prices for retired drivers between Acuity and Farmers? Farmers gets the edge, with premiums for drivers 65 and older over 20% more affordable than the national average for Acuity.

Which is the Best Company for Married Drivers?

Did you know that auto insurance rates are generally more expensive for those who are single than they are for married policyholders? That's because policies for married drivers normally cover multiple vehicles, which many companies will give you a discount for.

For single drivers, the difference in average premiums between these two carriers is significant, with Farmers prices coming in at a third less than Acuity's. The advantage is also clear for married couples - Farmers offers the lowest average rates.

Acuity or Farmers: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to car insurance men will usually end up paying a little more.

Typically, women see prices about $20 a month less expensive with Acuity, and around $7 less with Farmers.

Looking at the data for each company specifically, Farmers comes out as the most affordable option for both genders. On average, male drivers save about $116 per month and women save about $104 with Farmers compared to the average Acuity policyholder.

Acuity vs. Farmers: 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.

Auto insurance isn't the easiest topic to understand. There are so many different terms and limits that it can make it pretty confusing to find the right policy for you.

Even so, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability coverage).

Looking specifically at state minimum limits for liability insurance, Farmers has the significant edge, with average monthly rates coming in at $126. If you want a full coverage policy with the same state minimum limits, Farmers again has the edge, with policies averaging around $281 a month to Acuity's $454.

Is Acuity or Farmers Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Collisions and speeding tickets will most likely raise your prices, but is Acuity or Farmers cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Acuity for their insurance can generally expect their monthly bill to go up about 29% after getting a speeding ticket. Farmers policyholders can expect a less drastic increase of around 21%.

However, Farmers tends to offer the best prices for both drivers who have clean records and those with a recent ticket -- their rates are around 29% more affordable for drivers with clean records and 36% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Acuity drivers who get in a collision can expect to see their premiums climb by just under 35%, while those who have insurance through Farmers will see about a 30% increase.

At the end of the day, Farmers offers the cheapest rates for drivers with an at-fault collision on their records, with average premiums coming in at $224 compared to Acuity Insurance's $344.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your auto insurance bill. For example, Acuity increases average rates by nearly $150 per month -- that's more than a 35% increase.

How does Credit Score Impact Acuity and Farmers Rates?

You may not realized it, but your credit score can be used as one of the factors to calculate your monthly insurance prices. This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as an insurance factor) but it will come into play for several policyholders.

Car insurance carriers argue that those with poor credit scores are less likely to pay their bills on time every month, which raises the risk involved on their end, while the opposite is true for those with good credit.

Looking specifically at Farmers and Acuity, which carrier has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Acuity or Farmers Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a large impact on your monthly prices? Typically, those who drive less will end up with less expensive rates since there's less of a chance of causing an accident and filing an insurance claim.

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

Acuity or Farmers: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a pretty big impact as well. Generally, those who live in urban areas will pay more than policyholders in rural areas due to the number of cars that are on the roads where they live.

Farmers tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save about 33% with Farmers compared to Acuity. People who live in suburban areas pay around 40% less with Farmers compared to Acuity. For drivers in urban ZIP codes, Farmers Insurance's average rates are about 33% less than Acuity Insurance.

Acuity vs. Farmers Discounts

You want to save as much money as you can, right? The best way to do that is by utilizing as many insurance discounts as possible.

The difficult part is finding all of the discounts you qualify for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

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

Farmers knocks Acuity out of the park when it comes to the sheer number of discounts available, offering 19 more discounts than Acuity.

A couple of those are overlapping for things like discounts for being a defensive driver, distant student discounts, and discounts for being a good student. Farmers also offers discounts for ABS, advance quote, alternative fuel, and more.

On the other hand, Acuity has a few proprietary discounts of their own for things like college graduate discounts, continuous insurance discounts, and COVID-19 relief discount.

Final Thoughts: Is Acuity or Farmers Best for You?

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

Farmers might be best for you if....

• You haven't received any speeding tickets or been in a collision in the last few years.
• You're looking for the best premiums on liability only coverage.
• Your neighborhood is in a rural area.

Acuity might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide helps you get a good idea of the differences between Acuity and Farmers. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from multiple carriers, not just Acuity and Farmers. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Acuity vs. Farmers FAQs

Is Acuity or Farmers cheaper?

Farmers is the less expensive of the two carriers when looking at national average prices, with policies averaging $203 a month with Farmers and $313 for Acuity. Even so, that doesn't mean Farmers will be the lowest company for each driver, since there are a variety of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Acuity or Farmers?

Unfortunately, the real answer is "it depends.". Neither carrier is "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Acuity and Farmers offer me different rates?

Insurance companies use quite a few different variables when determining the rates they charge. Factors like age, your driving record, where you live, gender, and sometimes even things like your credit score can all be used. Both Acuity and Farmers calculate prices differently, so it's likely they'll offer different rates. The best way to determine which company is the most affordable for you is by comparing personalized quotes from multiple different carriers.

How do I know if Acuity or Farmers is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from a handful of 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 insurance carriers for free. With those, you can guarantee you're getting the lowest price. And maybe you'll find that the best company for you isn't Acuity or Farmers 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.