Allied Property & Casualty vs. Cincinatti Financial: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Allied Property & Casualty offers significantly cheaper prices than Cincinatti Financial
• Allied Property & Casualty offers more affordable premiums for residents of rural areas
• Allied Property & Casualty tends to be a much less expensive option for policyholders who have a short commute

Allied Property & Casualty vs. Cincinatti Financial: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering huge discounts, but exactly how much money can you save by switching?

You might be considering Allied Property & Casualty or Cincinatti Financial as your top options, but between the two, which one will offer you more affordable rates?

Looking at the national average rates for both companies, Cincinatti Financial has average rates that are about 40% per month more expensive than those from Allied Property & Casualty.

That being said, that doesn't necessarily mean Allied Property & Casualty will be the less expensive option for every driver. Insurance carriers vary their prices depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and all sorts of other factors. So, at the end of the day, premiums from each company will differ quite a bit from person to person.

So, if you want to find out which of Allied Property & Casualty or Cincinatti Financial is really the best for you, keep reading to see average prices for each carrier broken down by many different rate factors.

Allied Property & Casualty or Cincinatti Financial: Average Car Insurance Rates by State

Allied Property & Casualty and Cincinatti Financial only compete against each other in one states, with Allied Property & Casualty offering more affordable premiums to the average driver in all of them. Ohio has the most noticable difference, where Allied Property & Casualty rates are over 40% cheaper than car insurance prices at Cincinatti Financial.

But there's more to insurance than just where you live. As we mentioned above, there's a lot of things that go into how auto insurance companies calculate your rates. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance premiums of any group out there on the road. That's 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.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance rates. As you can see above, teens who use Allied Property & Casualty save more than $250 a month compared to those who use Cincinatti Financial.

But with both carriers, you'll see your prices reduce significantly once you turn 25. For example, average premiums for Allied Property & Casualty policyholders lower over $100 and Cincinatti Financial's prices decrease around $300 over that time.

Which is the Best Company for Retired Drivers?

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

When looking at Allied Property & Casualty and Cincinatti Financial specifically, which company is best for retired drivers? Allied Property & Casualty gets the edge, with prices for drivers 65 and older more than 25% less expensive than the national average for Cincinatti Financial.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive auto insurance rates than married drivers. This usually boils down to married couples having more than one car on their policy -- something a lot of car insurance companies will reward with discounts.

When it comes to relationship status, Allied Property & Casualty is the clear winner for those who are single, with premiums about $106 per month cheaper than Cincinatti Financial, on average. The advantage is also clear for married policyholders - Allied Property & Casualty offers the most affordable average rates.

Allied Property & Casualty vs. Cincinatti Financial: Average Rates by Gender

Because men are more likely to get tickets and get into collisions, they raise the chances of filing a claim with insurance. Therefore, insurance carriers will tend to offer men more expensive premiums.

Men generally pay around $6 a month more than women with Allied Property & Casualty, while with Cincinatti Financial, the difference is closer to $13 per month.

Looking at overall affordability, Allied Property & Casualty comes out on top for both men and women, with average prices $85 less for men and $78 cheaper for women.

Allied Property & Casualty 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.

For most people, insurance isn't the easiest topic to understand. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

However, the most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum limits for liability insurance, Allied Property & Casualty usually offers significantly more affordable rates of $69 compared to Cincinatti Financial's $106. When it comes to full coverage policies with similar limits, Allied Property & Casualty again has the edge, with policies about $150 a month cheaper than Cincinatti Financial, on average.

Is Allied Property & Casualty or Cincinatti Financial Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto 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.

It's no secret secret that tickets and accidents lead to higher prices, but which carrier -- Allied Property & Casualty or Cincinatti Financial -- has the cheapest premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Allied Property & Casualty policyholders can expect their rates to go up an average of $21 per month if they get a ticket, while Cincinatti Financial normally raises prices around $21 a month, on average.

Even so, Allied Property & Casualty is generally the more affordable option for drivers both with clean records and with a speeding ticket. Drivers with a clean record can save about $45 per month and drivers with a ticket can save around $45 a month with Allied Property & Casualty Insurance Company.

Which Company is Best for Drivers After an Accident?

Allied Property & Casualty drivers who get in a collision can expect to see their premiums increase by over 35%, while those who have insurance through Cincinatti Financial will see about a 45% increase.

Overall, Allied Property & Casualty offers the most affordable rates for drivers with an at-fault accident on their records, with monthly prices averaging $119 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. Cincinatti Financial drivers usually see a 62% climb in their insurance rates after a DUI charge, while Allied Property & Casualty will typically raise prices by around 57%.

If you have a DUI on your record and are looking for more affordable premiums, Allied Property & Casualty tends to be the much less expensive option with average rates of $179 monthly compared to $320 from Cincinatti Financial.

How does Credit Score Impact Allied Property & Casualty and Cincinatti Financial Rates?

In many cases, your credit score can come into play when carriers determine your monthly bill. This isn't always the case (for example, Massachusetts and California are two states that ban the practice entirely), but it will come into play for quite a few policyholders.

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

Looking at Allied Property & Casualty and Cincinatti Financial specifically, which company has the lowest prices 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 Allied Property & Casualty or Cincinatti Financial Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in your monthly premiums. Normally, the more miles you drive, the more you can expect to pay for insurance.

In this case, neither Allied Property & Casualty or Cincinatti Financial report increasing prices for drivers with higher annual mileage figures. Allied Property & Casualty comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average premiums of $118 per month for both.

Allied Property & Casualty vs. Cincinatti Financial: 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 big impact as well. Usually, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because of the small number of cars that are on the roads in those areas.

Allied Property & Casualty boasts the most affordable average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Allied Property & Casualty Insurance Company's average prices are about $103 less than Cincinatti Financial. Drivers in suburban ZIP codes pay around $76 less with Allied Property & Casualty compared to Cincinatti Financial. If you live in a rural area, you can expect to save about $65 with Allied Property & Casualty compared to Cincinatti Financial.

Allied Property & Casualty vs. Cincinatti Financial Discounts

Regardless of why you might be in the market for a new car insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of as many insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you're eligible for.

In the section below, we've taken a look at all of the different discounts Allied Property & Casualty and Cincinatti Financial offer their customers so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Allied Property & Casualty knocks Cincinatti Financial out of the park when it comes to the sheer number of discounts available, offering 16 different discounts to Cincinatti Financial's 10.

Both carriers offer a lot of the same discounts -- like advance quote discounts, discounts for being a defensive driver, and group discounts -- but Allied Property & Casualty also offers distant student discounts, EFT discounts, employee discounts, and more that Cincinatti Financial does not.

On the flip side, Cincinatti Financial has a couple unique discounts of its own -- anti-theft discounts, COVID-19 relief discount, paid in full discounts, and more.

Final Thoughts: Is Allied Property & Casualty or Cincinatti Financial Best for You?

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

Allied Property & Casualty might be best for you if....

• You have an at-fault accident on your record.
• You're looking for more protection with "full coverage" auto insurance.
• You are over 65 years old and want to save some money on your car insurance.

Cincinatti Financial might be best for you if...

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

We hope this guide helps you get a better idea of the difference between Allied Property & Casualty and Cincinatti Financial. We also hope we've given you the information you need to make the best decision about 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 multiple carriers, not just Allied Property & Casualty and Cincinatti Financial. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Allied Property & Casualty vs. Cincinatti Financial FAQs

Is Allied Property & Casualty or Cincinatti Financial cheaper?

Looking just at the national average premiums, Allied Property & Casualty is the cheaper of the two carriers, offering average rates of $118 a month compared to $200 for Cincinatti Financial. That being said, Allied Property & Casualty won't necessarily be the lowest carrier for everyone, since there are multiple different factors that are considered when it comes to your auto insurance bill.

Who is better, Allied Property & Casualty or Cincinatti Financial?

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

Why do Allied Property & Casualty and Cincinatti Financial offer me different rates?

Auto insurance companies take a look at several different variables when calculating the rates they charge policyholders. Factors such as age, your driving record, where you call home, gender, and sometimes even things like your credit score can all come into play. Both Allied Property & Casualty and Cincinatti Financial calculate prices using different variables, so each one will most likely offer different premiums. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a variety of different carriers.

How do I know if Allied Property & Casualty or Cincinatti Financial is right for me?

The only way to find the car 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 insurance carriers in your area. With those, you can guarantee you're getting the lowest price. And who knows, the best carrier for you might not be Allied Property & Casualty 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.