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

Quick Facts

• Looking at the national averages for insurance, Allstate offers significantly less expensive premiums than Frankenmuth
• Allstate has more affordable prices for drivers who have below-average credit
• Frankenmuth tends to be a much cheaper option for policyholders whose driving record contains an at-fault collision

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

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering large savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Allstate or Frankenmuth for your next policy, but which carrier has more affordable premiums for car insurance?

As you can see, Frankenmuth has average rates that are around 35% a month more expensive than those from Allstate when looking at the national average rates for insurance.

Even so, that doesn't mean Allstate will necessarily be less expensive than Frankenmuth for each driver. Auto insurance carriers use tons of complex algorithms to determine rates, so depending on where you live or how good your credit score is (among a whole bunch of other factors), you could see wildly different prices from the ones above.

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

Allstate vs. Frankenmuth: Average Car Insurance Rates by State

Allstate and Frankenmuth only compete against each other in one states, with Frankenmuth offering cheaper rates to the average driver in all of them. Ohio has the most noticable difference, where Frankenmuth premiums are $24 more affordable than car insurance prices at Allstate.

But there's more to auto insurance than just your home state. As we mentioned above, there's a lot of things that go into how insurance companies calculate your rates. Read on to learn more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for auto insurance than any other group of drivers. Usually, that's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of almost 35% less per month by choosing Allstate over Frankenmuth. It's worth noting that Allstate offers car insurance in 47 different states compared to Frankenmuth's two, which can skew the average premiums a bit, but the difference here is still considerable.

But with both carriers, you'll see your rates decrease significantly once you turn 25. For example, average prices for Allstate policyholders lower about $300 and Frankenmuth's rates drop nearly $400 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest insurance prices out there. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can raise premiums.

When looking at Allstate and Frankenmuth specifically, which carrier is best for retired drivers? Allstate gets the edge, with rates for drivers 65 and older $63 cheaper than the national average for Frankenmuth.

Which is the Best Company for Married Drivers?

Did you know that car insurance premiums are typically more expensive for single policyholders than they are for married policyholders? That's because policies for married drivers normally cover multiple vehicles, which a lot of companies will give you a discount for.

For those who are single, the difference in average prices between these two carriers is significant, with Allstate premiums coming in at a third less than Frankenmuth's. The advantage for married couples with Allstate is also obvious, where drivers save around $100 a month.

Allstate or Frankenmuth: Average Rates by Gender

Women tend to pay less for auto insurance than men. This is because men are statistically more likely than women to get tickets and get into collisions, which leads to increased risk for insurers and, therefore, higher prices.

On average, men see rates about 4% per month higher with Allstate, but with Frankenmuth, the difference is closer to 2% a month.

Looking at the data for each company specifically, Allstate comes out as the most affordable option for both genders, with average prices 37% less for men and 38% cheaper for women.

Allstate vs. Frankenmuth: 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.

Car insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different limits and terms that it can be hard to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's property damage and injuries if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability).

Looking specifically at state minimum liability insurance, Allstate has the significant edge, with average monthly rates coming in at $108. If you want a full coverage policy with the same state minimum limits, Allstate again has the edge, with policies averaging around $289 per month to Frankenmuth's $422.

Is Allstate or Frankenmuth 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.

Accidents and speeding tickets will most likely raise your premiums, but is Allstate or Frankenmuth less expensive for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Allstate for their insurance can generally expect their monthly bill to go up about 15% after getting a speeding ticket. Frankenmuth policyholders can expect a bit more drastic of an increase of around 30%.

But Allstate tends to offer the best prices for drivers both with clean records and with a ticket -- their rates are around 10% cheaper for drivers with clean records and 26% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both companies will increase rates pretty significantly if you get into an at-fault accident with Allstate raising by about 32%. Frankenmuth has a less extreme climb, but you can still expect to pay nearly 20% more than you were prior to your first collision.

At the end of the day, drivers who use Frankenmuth end up with the cheaper prices after an accident, with average prices coming in at $214 compared to Allstate's $229.

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 auto insurance bill -- usually a lot more than an accident or speeding ticket. Frankenmuth drivers usually see a 73% raise in their car insurance premiums after a DUI charge, while Allstate will generally increase prices by around 31%.

Allstate has the overall lowest premiums 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 Frankenmuth, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Frankenmuth Rates?

You may not have known, but your credit score can come into play when carriers determine your monthly bill. Certain states and companies do not allow for credit score to be used as a car insurance factor, but it does affect lots of drivers out there.

Insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which reduces the risk involved on their end, while the opposite is true for those with bad credit.

So, which carrier offers the most affordable rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Allstate will normally reward you the most. For drivers with "excellent" credit scores, Allstate comes in just under 28.92 more affordable. Drivers with "good" credit scores usually save about 30% with Allstate compared to average prices from Frankenmuth.

Which Company is Best for Drivers with Bad Credit?

Allstate typically offers lower premiums than Frankenmuth when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 28% a month less with Allstate compared to Frankenmuth, and those with "poor" scores typically save an average of about 49% monthly.

Is Allstate or Frankenmuth Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly auto insurance cost. Usually, the more milage you drive, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Frankenmuth charges. However, there's a small difference in monthly rates for Allstate, with policyholders who drive 6,000 miles annually paying around $3 less each month compared to those who drive 12,000 miles every year. Still, for drivers in both categories, Allstate is the cheaper company.

Allstate or Frankenmuth: 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 car insurance, but the type of area you live in can have a large impact as well. Normally, those who live in rural areas will pay less than policyholders in urban areas since there are a lot fewer vehicles on the road where they live, which decreases the chances of an accident.

Allstate tends to offer the cheapest prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save about $92 with Allstate compared to Frankenmuth. People who live in suburban areas pay around $89 less with Allstate compared to Frankenmuth. For drivers in urban ZIP codes, Allstate's average rates are about $177 less than Frankenmuth Insurance.

Allstate vs. Frankenmuth Discounts

No matter why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as you can. That's where insurance discounts comes into play.

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 qualify for.

Luckily, we did the hard work for you and looked at all of the different discounts Allstate and Frankenmuth offer their customers 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 knocks Frankenmuth out of the park when it comes to the sheer number of discounts available, offering 40 different discounts to Frankenmuth's 11.

There are a couple discounts both companies offer, but Allstate also offers discounts for ABS, agency transfer, alert driving, and more.

On the other hand, Frankenmuth has a few proprietary discounts of their own like family discounts and group discounts.

Final Thoughts: Is Allstate or Frankenmuth Best for You?

So, you've seen how different variables can affect your car insurance premiums. We've broken down 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 best one for you and your specific driver profile?

Allstate might be best for you if....

• You have a clean record.
• You already have a great credit score.
• Your neighborhood is in a rural area.

Frankenmuth might be best for you if...

• You like the personalized touch of a small, regional company.
• Your driving record contains an at-fault accident.

Hopefully, this guide helps you get a better idea of the difference between Allstate and Frankenmuth and that it aids in making a more informed 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 car insurance policy is to compare quotes from several carriers, not just Allstate and Frankenmuth. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Allstate vs. Frankenmuth FAQs

Is Allstate or Frankenmuth cheaper?

Allstate is the more affordable of the two carriers when looking at national average rates, with policies averaging $199 per month with Allstate and $318 for Frankenmuth. However, that doesn't mean Allstate will be the most affordable carrier for each driver, since there are multiple different factors that come into play when it comes to your car insurance bill.

Who is better, Allstate or Frankenmuth?

Unfortunately, the real answer is "it depends.". One company is not necessarily "better" for every policyholder -- it all depends on the makeup of your unique insurance profile. For example, Allstate is less expensive for drivers who have less-than-stellar credit scores, while Frankenmuth offers more affordable prices for policyholders with an at-fault collision on their record.

Why do Allstate and Frankenmuth offer me different rates?

Auto insurance companies use several different variables when determining the rates they charge. Factors such as age, where your home is, your driving record, gender, and sometimes even things like your credit score can all be used. Both Allstate and Frankenmuth calculate prices using different formulas, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from many different carriers.

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

The only way to find the car insurance company 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 does all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best carrier for you isn't Allstate or Frankenmuth 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.