Alfa Alliance vs. Cincinatti Financial: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Alfa Alliance offers slightly more affordable premiums than Cincinatti Financial
• Alfa Alliance tends to be a much cheaper option for drivers who have an at-fault accident on their record
• Cincinatti Financial has less expensive prices for drivers with a DUI charge on their record

Alfa Alliance vs. Cincinatti Financial: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering big discounts, you're probably wondering exactly how much you might be able to save.

You might be considering Alfa Alliance or Cincinatti Financial for your next policy, but between the two, which carrier will save you the most?

Looking at nationwide averages, Alfa Alliance is about $6 per month cheaper than Cincinatti Financial.

However, that doesn't necessarily mean Alfa Alliance will be the more affordable option for each driver. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like your driving record, where you call home, your credit score, or even your age (among other things), so premiums could differ drastically from person to person.

Luckily, we've broken down average rates from both Alfa Alliance and Cincinatti Financial by lots of different rate factors, so read on to find out which company is the best for you.

Alfa Alliance or Cincinatti Financial: Average Car Insurance Rates by State

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But there's more to calculating car insurance premiums than just where you live. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

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

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of nearly $250 less a month by choosing Alfa Alliance over Cincinatti Financial.

Even so, with both carriers, you'll see your prices reduce significantly by the time drivers turn 25. For example, average rates for Alfa Alliance policyholders drop almost $40 and Cincinatti Financial's prices decrease more than $300 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable car insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which typically decreases their chances of accidents and other infractions that can increase prices.

When looking at Alfa Alliance and Cincinatti Financial specifically, which carrier is best for retired drivers? Cincinatti Financial gets the edge, with premiums for drivers 65 and older over 20% less expensive than the national average for Alfa Alliance.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance rates tend to be more expensive for those who are single than they are for married couples. That's normally because married policyholders tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Alfa Alliance is the clear winner for single drivers, with premiums around $33 per month cheaper than Cincinatti Financial, on average. The advantage for married drivers with Cincinatti Financial is also obvious, where drivers save about $30 a month.

Alfa Alliance vs. Cincinatti Financial: 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 insurance men will generally end up paying a little more.

Men usually pay around 1% more per month than women with Alfa Alliance, and about 6% more with Cincinatti Financial.

Looking at the data for each company specifically, Alfa Alliance is the lowest carrier for men. Rates with Alfa Alliance are $11 less for men, while women can save around $1 with Cincinatti Financial.

Alfa Alliance or Cincinatti Financial: 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. There are so many different limits and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to what you get with liability coverage).

If you're looking for state minimum limits for liability insurance, Alfa Alliance typically offers slightly less expensive prices of $103 compared to Cincinatti Financial's $106. When it comes to full coverage policies with similar limits, Alfa Alliance again has the edge, with policies about $7 a month more affordable than Cincinatti Financial, on average.

Is Alfa Alliance or Cincinatti Financial Better for Drivers with Spotty Records?

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

It's no secret secret that tickets and collisions lead to higher premiums, but which company -- Alfa Alliance or Cincinatti Financial -- has the most affordable prices for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Alfa Alliance policyholders can expect their rates to go up an average of $23 per month if they get a ticket, while Cincinatti Financial generally raises prices around $21 a month, on average.

But Alfa Alliance has less expensive premiums for drivers in both categories -- their rates are around 12% more affordable for drivers with clean records and 9% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both carriers will raise rates pretty significantly if you get into an at-fault collision with Cincinatti Financial increasing by over $90. Alfa Alliance has a less extreme rise, but you can still expect to pay $55 more than you were prior to your first accident.

Overall, drivers who use Alfa Alliance end up with the cheaper prices after an accident, with monthly premiums averaging $162 compared to Cincinatti Financial's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or speeding ticket when it comes to your car insurance bill. For example, Alfa Alliance increases average prices by more than $250 per month -- that's over a 70% increase.

If you have a DUI on your record and are looking for more affordable rates, Cincinatti Financial tends to be the much more affordable option with average premiums of $320 per month compared to $378 from Alfa Alliance.

How does Credit Score Impact Alfa Alliance and Cincinatti Financial Rates?

In many cases, your credit score can be used as one of the variables to calculate your monthly insurance rates. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect lots of drivers out there.

The reasoning auto insurance carriers use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper prices, while those with poor credit will normally be forced to pay more.

Looking at Alfa Alliance and Cincinatti Financial specifically, which company 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 Alfa Alliance or Cincinatti Financial 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 sizable impact on your monthly rates? Typically, the more miles you drive, the more you can expect to pay for car insurance.

In this case, neither Alfa Alliance or Cincinatti Financial report increasing prices for drivers with higher annual mileage figures. Still, Alfa Alliance comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average premiums of $194 a month for both.

Alfa Alliance vs. Cincinatti Financial: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can play a big role in how much you pay for insurance. Usually, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because there are a lot fewer vehicles on the road in those areas, which lowers the chances of an accident.

Alfa Alliance normally comes out as the less expensive option for drivers in rural and urban areas, while Cincinatti Financial wins in suburban areas.

In urban areas, Alfa Alliance Insurance's average rates are about 9% less than Cincinatti Financial. Drivers in suburban ZIP codes pay around 16% less with Cincinatti Financial compared to Alfa Alliance. If you live in a rural area, you can expect to save about 18% with Alfa Alliance compared to Cincinatti Financial.

Alfa Alliance vs. Cincinatti Financial Discounts

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

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you qualify for.

Below, we've broken down all of the different discounts offered by both Alfa Alliance and Cincinatti Financial so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

You can find offers for advance quote discounts, discounts for being a homeowner, and paid in full discounts from both companies.

Final Thoughts: Is Alfa Alliance or Cincinatti Financial Best for You?

You've seen the role certain factors have on your car insurance and the different discounts carriers offer. But, at the end of the day, which insurance carrier is the right one for you, your vehicle, and your wallet?

Alfa Alliance might be best for you if....

• You have a clean record.
• You're looking for more protection with "full coverage" insurance.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

Cincinatti Financial might be best for you if...

• You live in an suburban area.
• You are over 65 years old and want to save some money on your auto insurance.
• You and your spouse are buying insurance together.

We hope this guide helps you get a better idea of the difference between Alfa Alliance and Cincinatti Financial and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple companies, not just Alfa Alliance and Cincinatti Financial. 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 carriers in your area, all in just a few minutes.

Alfa Alliance vs. Cincinatti Financial FAQs

Is Alfa Alliance or Cincinatti Financial cheaper?

Looking just at the national average prices, Alfa Alliance is the cheaper of the two companies, offering average rates of $194 per month compared to $200 for Cincinatti Financial. That being said, Alfa Alliance won't necessarily be the cheapest company for every policyholder, since there are a range of different variables that come into play when it comes to your car insurance payment.

Who is better, Alfa Alliance or Cincinatti Financial?

Sadly, the only answer we can give you is "it depends.". No single carrier is "better" for each driver -- it all comes down to what your unique auto insurance profile looks like. For example, Alfa Alliance offers more affordable rates for policyholders with an at-fault accident on their record, while Cincinatti Financial is less expensive for drivers who have less-than-stellar credit scores.

Why do Alfa Alliance and Cincinatti Financial offer me different rates?

Insurance carriers take a look at a lot of different factors when calculating the premiums they charge drivers. Variables such as your driving record, age, gender, where you live, and sometimes even things like your credit score can all be used. Both Alfa Alliance and Cincinatti Financial use different formulas, so each one will most likely offer different prices. The only real way to see which company is the lowest for you is by comparing personalized quotes from several different companies.

How do I know if Alfa Alliance or Cincinatti Financial is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers 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 free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the best price. And who knows, the best company for you might not be Alfa Alliance or Cincinatti Financial at all!

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.