Alfa Alliance vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, State Farm offers cheaper premiums than Alfa Alliance
• Alfa Alliance offers more affordable rates for drivers who have an at-fault accident on their record
• State Farm has more affordable prices for people who are single and purchasing insurance by yourself

Alfa Alliance vs. State Farm: Which Company has the Cheapest Car Insurance?

Are you in the market for 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 have narrowed it down to Alfa Alliance or State Farm as your top options, but between the two, which one will offer you less expensive premiums?

Looking at the national average rates for both companies, Alfa Alliance has average rates that are about 19% per month more expensive than those from State Farm.

Even so, that doesn't necessarily mean State Farm will be the more affordable option for every single driver. After all, auto insurance carriers can offer drastically different rates to each driver depending on rating factors like your credit score, where you call home, your age, or even your driving record (among other things). So, at the end of the day, rates from every carrier will differ quite a bit from person to person.

Wanting to know if Alfa Alliance or State Farm is really the right company for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Alfa Alliance or State Farm: Average Car Insurance Rates by State

Alfa Alliance and State Farm only compete against each other in Virginia, where State Farm offers the cheaper average premiums. For Virginia residents, State Farm offers car insurance for $95 a month on average. Alfa Alliance's average rates come out to be over 70% more expensive, at $194 per month.

But there's more to calculating insurance prices than just where you live. Read on to find out more.

Which is the Best Company For Young Drivers?

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

That being said, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. As you can see above, teens who use Alfa Alliance save more than $95 a month compared to those who use State Farm.

However, both companies will lower premiums by the time drivers turn 25. State Farm offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Alfa Alliance's average prices reduce nearly 15% during that same period.

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 most affordable premiums you'll ever see.

But who has the best rates for retired drivers between Alfa Alliance and State Farm? State Farm gets the edge, with premiums for drivers 65 and older almost 30% cheaper 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 single policyholders than they are for married policyholders. That's because policies for married drivers normally cover several cars, which several carriers will offer you a discount for.

When it comes to relationship status, State Farm is the clear winner for those who are single, with prices around $26 per month less expensive than Alfa Alliance, on average. The advantage for married couples with State Farm is also obvious, where drivers save nearly 30% a month.

Alfa Alliance vs. State Farm: Average Rates by Gender

Men are statistically more likely than women to get speeding tickets and get into accidents, which means they'll generally end up paying more for car insurance than women.

On average, women see rates about $1 per month cheaper with Alfa Alliance, while with State Farm, the difference is closer to $12 a month.

Looking at the data for each carrier specifically, State Farm comes out as the lowest option for both genders, with average premiums 16% less for men and 22% cheaper for women.

Alfa Alliance or State Farm: 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 can be a complicated subject for most people. There are many different coverages that account for lots of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

But the 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 and passengers if you cause a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability coverage).

If you're looking for state minimum liability limits, State Farm typically offers slightly less expensive prices of $99 compared to Alfa Alliance's $103. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $70 per month more affordable than Alfa Alliance, on average.

Is Alfa Alliance or State Farm Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their car insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and accidents will most likely raise your premiums, but is Alfa Alliance or State Farm cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Alfa Alliance policyholders can expect their rates to go up an average of $23 a month if they get a ticket, while State Farm normally raises prices about $21 per month, on average.

Even so, Alfa Alliance has less expensive rates for drivers in both categories, offering prices that are $27 and $25 more affordable, respectively, compared to State Farm.

Which Company is Best for Drivers After an Accident?

Alfa Alliance drivers who get in an accident can expect to see their premiums increase by just under 35%, while those who have insurance through State Farm will see around a 20% increase.

Overall, the less expensive rates come from Alfa Alliance, with monthly prices averaging $162 compared to State Farm's $163.

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 insurance bill -- generally a lot more than a collision or speeding ticket. On average, Alfa Alliance will increase your premiums about 72% after a DUI, while State Farm's average prices climb by over 25%.

How does Credit Score Impact Alfa Alliance and State Farm Rates?

Did you know that many car insurance companies take into account your credit score when calculating premiums? This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it will come into play for a lot of policyholders.

The reasoning auto insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so usually, they'll be asked to pay more, while those with good credit will be rewarded with more affordable rates.

So, which company offers the best prices for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Alfa Alliance or State Farm 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 pretty big impact on your monthly premiums? Normally, those who drive less will end up with cheaper rates since there's less of a chance of getting into an accident and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Alfa Alliance charges. However, there's a small difference in monthly prices for State Farm, with policyholders who drive the least paying around $13 less each month compared to those who drive 12,000 miles yearly. Still, State Farm is the less expensive option for drivers in both categories.

Alfa Alliance vs. State Farm: 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 insurance, but the type of area you live in can have a large impact as well. Typically, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders due to the number of cars that are on the roads in those areas.

State Farm tends to offer the cheapest premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, State Farm offers rates about $185 monthly compared to Alfa Alliance's $200. People who live in suburban ZIP codes can expect to pay around $161 a month for State Farm and $234 for Alfa Alliance. Lastly, those in rural areas tend to get the most affordable prices from both companies, with average monthly rates coming in at $127 and $149 for State Farm and Alfa Alliance respectively.

Alfa Alliance vs. State Farm Discounts

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

But where do you even start? With what seems like a million different discounts out there, it may be hard to find all the ones you can take advantage of.

In the section below, we've taken a look at all of the different discounts Alfa Alliance and State Farm offer their customers so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

State Farm knocks Alfa Alliance out of the park when it comes to the sheer number of discounts available, offering 23 different discounts to Alfa Alliance's 23.

A couple of those are overlapping for things like discounts for being a good driver, discounts for being a homeowner, and mature driver discounts. State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Alfa Alliance does not.

On the flip side, Alfa Alliance has a couple unique discounts of its own -- advance quote discounts, intra-agency transfer discounts, and paid in full discounts.

Final Thoughts: Is Alfa Alliance or State Farm Best for You?

So, you've seen how different factors can affect your car insurance premiums. We've broken down the different discounts each carrier offers, too. But, at the end of the day, which insurance company is the right carrier for you and your specific needs?

State Farm might be best for you if....

• You are considering moving to another state -- undefined only offers policies to residents.
• You're looking for more protection with "full coverage" insurance.
• You live in a rural neighborhood.

Alfa Alliance might be best for you if...

• You have received a ticket within the last few years.
• You want to save money on your car insurance after a collision.
• You're buying insurance for a teen and looking for a wallet-friendly option.

We hope this guide has ben a valuable resource as you compare Alfa Alliance and State Farm. We also hope we've given you the information you need to make the best 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 carriers, not just Alfa Alliance and State Farm. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.

Alfa Alliance vs. State Farm FAQs

Is Alfa Alliance or State Farm cheaper?

Looking just at the national average prices, State Farm is the more affordable of the two carriers, offering average rates of $158 per month compared to $194 for Alfa Alliance. But State Farm won't necessarily be the lowest carrier for every policyholder, since there are a variety of different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Alfa Alliance or State Farm?

Unfortunately, the real answer is "it depends.". No single company is necessarily "better" for each driver -- it all comes down to what your unique auto insurance profile looks like. For example, Alfa Alliance offers cheaper premiums for policyholders with an at-fault collision on their record, while State Farm is less expensive for drivers who have less-than-stellar credit scores.

Why do Alfa Alliance and State Farm offer me different rates?

Insurance companies take a look at many different factors when determining the rates they charge drivers. Variables like where you call home, age, where you park your vehicle, gender, and sometimes even things like your credit score can all come into play. Both Alfa Alliance and State Farm calculate premiums using different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a bunch of different carriers.

How do I know if Alfa Alliance or State Farm is right for me?

The only way to find the auto 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 does all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Alfa Alliance or State Farm 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.