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

Quick Facts

• In general, Grinnell Mutual offers significantly more affordable prices than Allstate
• Allstate may help you save more money -- they offer more discounts than Grinnell Mutual
• Grinnell Mutual offers cheaper average rates for single people who will be the only person on the insurance policy

Allstate or Grinnell Mutual: Which Company has the Cheapest Car Insurance?

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

You might be considering Allstate or Grinnell Mutual for your next policy, but which company has less expensive premiums for car insurance?

Looking at the national average rates for both carriers, Allstate is quite a bit more expensive than Grinnell Mutual, with rates averaging $199 a month compared to just $115 with Grinnell Mutual.

Even so, that doesn't necessarily mean Grinnell Mutual will be the cheaper option for each driver. Auto insurance companies use all sorts of complex algorithms to determine prices, so depending on where you live or how clean your driving record is (among a bunch of other factors), you could see wildly different premiums from the ones above.

Luckily, we've broken down average prices from both Allstate and Grinnell Mutual by multiple different rate factors, so read on to find out which company is the best for you.

Allstate vs. Grinnell Mutual: Average Car Insurance Rates by State

Allstate and Grinnell Mutual only compete against each other in North Dakota, where Grinnell Mutual offers the cheaper average rates. Grinnell Mutual drivers tend to pay about $68 per month less on average compared to drivers who use Allstate for their car insurance.

There's a lot more that goes into your insurance cost than just your home state. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for car insurance compared to older drivers. It's generally because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Grinnell Mutual for their auto insurance pay almost 50% less than those who use Allstate. It's worth noting that Allstate offers insurance in 47 different states compared to Grinnell Mutual's one, which can skew the average premiums a bit, but the difference here is still considerable.

However, both carriers will offer you dramatically lower rates by the time you turn 25. For example, average prices for Allstate policyholders reduce around $300 and Grinnell Mutual's rates lower about $100 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the lowest car insurance prices you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for auto insurance.

When looking at Allstate and Grinnell Mutual specifically, which carrier is best for retired drivers? Grinnell Mutual gets the edge, with prices for drivers 65 and older $72 more affordable than the national average for Allstate.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more expensive for single policyholders than they are for married policyholders. This usually boils down to married drivers having more than one vehicle on their policy -- something lots of auto insurance companies will reward with discounts.

For those who are single, the difference in average premiums between these two carriers is significant, with Grinnell Mutual prices coming in at around half of Allstate's. For married couples, the advantage is clear again - Grinnell Mutual has the edge when it comes to average premiums.

Allstate or Grinnell Mutual: Average Rates by Gender

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

On average, men see rates nearly $10 a month higher with Allstate, but with Grinnell Mutual, the difference is closer to $6 per month.

When it comes to the cheapest premiums for each gender, Grinnell Mutual offers the most affordable average rates for both men and women, with average prices $85 less for men and $82 cheaper for women.

Allstate vs. Grinnell Mutual: 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 auto insurance can be a complicated subject for most people. There are a range of different coverages that account for several different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

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

Looking specifically at state minimum liability insurance, Grinnell Mutual has the significant edge, with average monthly rates coming in at $47. If you want a full coverage policy with the same state minimum limits, Grinnell Mutual again has the edge, with policies averaging about $183 a month to Allstate's $289.

Is Allstate or Grinnell Mutual Better for Drivers with Spotty Records?

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

You'll probably end up paying more with speeding tickets and collisions on your record, but which of these two companies offers the lowest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Grinnell Mutual insurance policies don't report seeing their prices increase after getting a ticket, but Allstate policyholders can expect to see their monthly bill increase by around 15%.

However, Grinnell Mutual tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket, offering rates that are 26% and 37% less expensive, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault collision with Allstate climbing by about 32%. Grinnell Mutual has a less extreme raise, but you can still expect to pay 0% more than you were prior to your first accident.

At the end of the day, Grinnell Mutual offers the most affordable premiums for drivers with an at-fault collision on their records, with average rates coming in at $115 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 car insurance bill -- usually a lot more than a collision or ticket. Allstate drivers usually see a 31% increase in their auto insurance premiums after a DUI charge, while Grinnell Mutual will generally climb prices by around 0%.

Grinnell Mutual has the overall cheapest premiums for drivers with a DUI on their records at $115 a month, but it's worth noting that Allstate's average rates come from 47 states compared to just one for Grinnell Mutual, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Grinnell Mutual Rates?

Did you know many insurance companies take your credit score into account when determining prices? Certain states and carriers do not allow for credit score to be used as an auto insurance factor, but it does affect quite a few drivers out there.

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

So, which company offers the lowest premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, Grinnell Mutual will generally reward you the most. For policyholders with "excellent" credit scores, Grinnell Mutual comes in nearly 44.83 cheaper. Drivers with "good" credit scores typically save about 44% with Grinnell Mutual compared to average rates from Allstate.

Which Company is Best for Drivers with Bad Credit?

Grinnell Mutual typically offers lower prices than Allstate when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 43% per month less with Grinnell Mutual compared to Allstate, and those with "poor" scores usually save an average of about 39% per month.

Is Allstate or Grinnell Mutual 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 large impact on your monthly premiums? Normally, those who drive less will end up with less expensive prices since there's less of a chance of causing an accident and filing an insurance claim.

Grinnell Mutual tends to be the more affordable option for both remote workers and those taking short commutes. Grinnell Mutual average rates for drivers with 6,000 annual miles come in nearly $90 cheaper than Allstate. Those who drive 12,000 miles annually can expect to pay just under $80 less with Grinnell Mutual over Allstate.

Allstate or Grinnell Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a pretty big impact on your monthly insurance payment. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

When comparing these two carriers side-by-side, Grinnell Mutual usually comes out as the most affordable option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save around 32% with Grinnell Mutual compared to Allstate. People who live in suburban areas pay about 42% less with Grinnell Mutual compared to Allstate. For drivers in urban ZIP codes, Grinnell Mutual's average prices are around 50% less than Allstate.

Allstate vs. Grinnell Mutual Discounts

No matter 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 you can. That's where auto insurance discounts comes into play.

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 qualify for.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Allstate and Grinnell Mutual so that you can see which one can save you the most money each month.

Allstate knocks Grinnell Mutual out of the park when it comes to the sheer number of discounts available, offering 28 more discounts than Grinnell Mutual.

A couple of those are overlapping for things like anti-theft discounts, EFT discounts, discounts for being a good student, and paid in full discounts. Allstate also offers discounts for advance quote, agency transfer, alert driving, and more.

On the other hand, Grinnell Mutual has a few proprietary discounts of their own like excess vehicle discounts and new business discounts.

Final Thoughts: Is Allstate or Grinnell Mutual Best for You?

You've seen the role certain factors have on your insurance and the different discounts companies offer. But, at the end of the day, is Allstate or Grinnell Mutual the right carrier for you and your specific profile and needs?

Grinnell Mutual might be best for you if....

• You want to save money on your auto insurance after a collision.
• You're looking for the best rates on liability only coverage.
• You live in a rural neighborhood.

Allstate might be best for you if...

• You value the experience that comes with a large national insurance carrier.
• You're looking for discounts -- Allstate has the most.

Hopefully, this guide helps you get a good idea of the differences between Allstate and Grinnell Mutual. We also hope we've given you the information you need to make the best decision about your car insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from multiple carriers, not just Allstate and Grinnell Mutual. 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 companies in your area, all in just a few minutes.

Allstate vs. Grinnell Mutual FAQs

Is Allstate or Grinnell Mutual cheaper?

Grinnell Mutual is the more affordable of the two carriers when looking at national average prices, with policies averaging $115 a month with Grinnell Mutual and $199 for Allstate. Even so, that doesn't mean Grinnell Mutual will be the cheapest company for every driver, since there are a bunch of different variables that come into play when it comes to your insurance bill.

Who is better, Allstate or Grinnell Mutual?

Unfortunately, the answer truly is "it depends.". No single carrier is "better" for each policyholder -- it all depends on what your unique auto insurance profile looks like.

Why do Allstate and Grinnell Mutual offer me different rates?

Insurance companies use several different factors when calculating the premiums they charge. Things like gender, where you park your car, age, your driving record, and sometimes even things like your credit score can all come into play. Both Allstate and Grinnell Mutual use different formulas, so it's likely they'll offer different prices. The best way to determine which company is the most affordable for you is by comparing personalized quotes from many different carriers.

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

The only way to find the car insurance carrier 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 quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the best price. And maybe you'll find that the best company for you isn't Allstate or Grinnell Mutual 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.