Allstate vs. Buckeye: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Buckeye offers significantly more affordable rates than Allstate
• Allstate may help you save more money -- they offer more discounts than Buckeye Insurance Group
• Buckeye offers less expensive average premiums for policyholders whose driving record contains an at-fault collision

Allstate or Buckeye: Which Company has the Cheapest Car Insurance?

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

You might be considering Allstate or Buckeye, but which one has cheaper rates for insurance?

Looking at the national average rates for both carriers, Buckeye is quite a bit cheaper than Allstate, with premiums averaging $132 a month compared to $199 with Allstate.

However, that doesn't necessarily mean Buckeye will be the less expensive option for every single driver. Car insurance companies use all sorts of complex algorithms to determine prices, so depending on how good your credit score is or how clean your driving record is (among a variety of other factors), you could see wildly different rates from the ones above.

So, if you want to find out which of Allstate or Buckeye is really the best for you, keep reading to see average premiums for each company broken down by multiple different rate factors.

Allstate vs. Buckeye: Average Car Insurance Rates by State

Allstate and Buckeye only compete against each other in two states, with Buckeye offering more affordable prices to the average driver in all of them. Ohio has the most noticable difference, where Buckeye premiums are $25 cheaper than auto insurance prices at Allstate.

There are plenty of other factors that go into your insurance payment than just your home state. Keep reading to find out more.

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 an accident that results in an 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. Just look at the table above -- where 18-year-old drivers who have Buckeye for their car insurance pay almost 40% less than those who use Allstate. It's worth noting that Allstate offers insurance in 47 different states compared to Buckeye's two, which can skew the average prices a bit, but the difference here is still considerable.

That being said, both carriers will decrease premiums once you turn 25. For example, average rates for Allstate policyholders reduce around $300 and Buckeye's premiums drop about $150 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the cheapest auto insurance prices 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 car insurance.

But who has the best prices for retired drivers between Allstate and Buckeye? Buckeye gets the edge, with premiums for drivers 65 and older $47 more affordable than the national average for Allstate.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly cheaper auto insurance rates than single drivers. That's generally because married policyholders tend to own and insure more than one vehicle, which can often earn you a discount.

For those who are single, the difference in average premiums between these two companies is significant, with Buckeye rates coming in at a third less than Allstate's. For married drivers, the advantage is clear again - Buckeye has the edge when it comes to average prices.

Allstate or Buckeye: Average Rates by Gender

Did you know men typically pay more for insurance than women? That's because women are less likely to get speeding tickets and get into collisions, which lowers the chances of filing a claim with insurance.

Men usually pay nearly $10 per month more than women with Allstate, and around $15 with Buckeye.

When it comes to the most affordable rates for each gender, Buckeye comes out on top for both men and women, with average prices $63 less for men and $69 cheaper for women.

Allstate vs. Buckeye: 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 pretty complicated. Everyone needs insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

But most policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Buckeye has the significant edge, with average monthly premiums coming in at $73. If you want a full coverage policy with the same state minimum limits, Buckeye again has the edge, with policies averaging about $191 a month to Allstate's $289.

Is Allstate or Buckeye Better for Drivers with Spotty Records?

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

Speeding tickets and at-fault collisions will most likely raise your prices, but is Allstate or Buckeye less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Allstate for their car insurance can generally expect their monthly bill to go up around 15% after getting a speeding ticket. Buckeye policyholders can expect a less drastic increase of about 7%.

Even so, Buckeye has cheaper premiums for drivers in both categories. With Buckeye Insurance Group, drivers with a clean record can save around $75 per month and drivers with a ticket can save about $96 a month.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Allstate can expect to see around an $73 -- or about 32% -- rise in their car insurance rates. Drivers who use Buckeye for their insurance will see a monthly bill around $17 (or 17%) more expensive after reporting an accident to their car insurance carrier.

At the end of the day, Buckeye offers the lowest prices for drivers with an at-fault accident on their records, with average premiums coming in at $98 compared to Allstate's $229.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even a collision. For example, Buckeye increases average rates by nearly $200 per month -- that's nearly a 70% increase.

Allstate has the overall most affordable prices for drivers with a DUI on their records at $227 per month, but it's worth noting that Allstate's average rates come from 47 states compared to just two for Buckeye, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Buckeye Rates?

You may not realized it, but your credit score can be used as one of the variables to calculate your monthly insurance rates. This isn't true for everyone (for example, Hawaii and Michigan are two states that ban the practice entirely), but it will come into play for many drivers.

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

Looking at Allstate and Buckeye specifically, which carrier has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Buckeye will generally reward you the most. For policyholders with "excellent" credit scores, Buckeye comes in more than 40.69 more affordable. Drivers with "good" credit scores typically save about 45% with Buckeye compared to average premiums from Allstate.

Which Company is Best for Drivers with Bad Credit?

Buckeye typically offers lower prices than Allstate when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around 40% a month less with Buckeye compared to Allstate, and those with "poor" scores normally save an average of about 17% monthly.

Is Allstate or Buckeye 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 rates. Usually, the more milage you drive, 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 Buckeye charges. However, there's a small difference in monthly premiums for Allstate, with policyholders who drive 6,000 miles annually paying around $3 less every month compared to those who drive 12,000 miles each year. Still, for drivers in both categories, Buckeye is the less expensive company.

Allstate or Buckeye: 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 substantial impact as well. 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.

Buckeye tends to offer the lowest prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Buckeye Insurance Group's average premiums are about $91 less than Allstate. People who live in suburban areas pay around $40 less with Buckeye compared to Allstate. Those in rural areas can expect to save about $67 with Buckeye compared to Allstate.

Allstate vs. Buckeye Discounts

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

But with what seems like a million different discounts out there, it can be challenging to find all the ones you can take advantage of or to nail down the carrier that has the most discounts for your unique driver profile.

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

Allstate blows Buckeye away when it comes to the sheer amount of discounts available, offering 33 more discounts than Buckeye.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good driver, and multi-policy discounts. Allstate also offers discounts for ABS, advance quote, agency transfer, and more.

Buckeye's discounts come through just a few categories, including Anti-Theft, Defensive Driver, Distant Student, and more.

Final Thoughts: Is Allstate or Buckeye Best for You?

So, you've seen how different factors can affect your insurance prices. We've shown you all the discounts each company offers, too. But, at the end of the day, is Allstate or Buckeye the right company for you and your specific driver profile?

Buckeye might be best for you if....

• You will be the only person on the auto insurance policy.
• You have above-average credit.
• You don't spend much time in your car.

Allstate might be best for you if...

• You're planning on moving to another state soon -- Buckeye Insurance Group only offers policies to Indiana and Ohio residents.
• Your driving record includes a DUI charge.
• You're looking for discounts -- Allstate has the most.

Hopefully, this guide has ben a valuable resource as you compare Allstate and Buckeye and that you can now make a more informed decision when it comes to your car 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 insurance -- comparing quotes from a handful of companies, not just Allstate and Buckeye. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best car insurance carriers in your area, all in just a few minutes.

Allstate vs. Buckeye FAQs

Is Allstate or Buckeye cheaper?

Buckeye is the more affordable of the two companies when looking at national average rates, with policies averaging $132 per month with Buckeye and $199 for Allstate. But that doesn't mean Buckeye will be the cheapest carrier for everyone, since there are many different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Allstate or Buckeye?

Unfortunately, the only answer we can give you is "it depends.". No single company is "better" for everyone -- it all boils down to your unique auto insurance profile. For example, Buckeye is cheaper for drivers with excellent credit, while Allstate offers less expensive prices for drivers with a recent DUI.

Why do Allstate and Buckeye offer me different rates?

Car insurance carriers use several different factors when determining the premiums they charge. Variables such as your driving record, where you park your car, age, gender, and sometimes even things like your credit score can all be used. Both Allstate and Buckeye calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a range of different companies.

How do I know if Allstate or Buckeye is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from multiple 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 ZIP code and you'll get quotes from dozens of your local top insurance companies for free. That way, you can guarantee you're getting the lowest price. And maybe you'll find that the best carrier for you isn't Allstate or Buckeye 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.