Allstate vs. Missouri Farm Bureau: Which Company is the Best Fit for You?

If you're in the market for a new car insurance policy, you might be wondering how Missouri Farm Bureau and Allstate compare when it comes to the most affordable prices and biggest discounts. To find out which of these companies is the best fit for you and your wallet, check out our newest guide below.
Newly insured car driving down the road
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Quick Facts

  • Looking at the national averages for insurance, Missouri Farm Bureau offers significantly more affordable premiums than Allstate
  • Allstate offers more discounts than Missouri Farm Bureau Insurance
  • Missouri Farm Bureau has less expensive rates for people who are single and purchasing auto insurance by yourself


Allstate vs. Missouri Farm Bureau: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You might have narrowed your search down to Allstate or Missouri Farm Bureau as your top options, but between the two, which carrier will offer you cheaper premiums?

Allstate Missouri Farm Bureau
$199$111

Looking at the national average rates for both companies, Missouri Farm Bureau is quite a bit cheaper than Allstate, with prices averaging $111 per month compared to $199 with Allstate.

But Missouri Farm Bureau may not be the lowest or best option for every driver out there. Car insurance carriers vary their rates depending on things like where you live, how old you are, how good your credit score is, how clean your driving record is, and a variety of other factors, so prices will differ quite a bit from person to person.

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

Allstate or Missouri Farm Bureau: Average Car Insurance Rates by State

State Allstate Missouri Farm Bureau
MO$264$111

Allstate and Missouri Farm Bureau only compete against each other in Missouri, where Missouri Farm Bureau offers the cheaper average rates. For Missouri residents, Missouri Farm Bureau offers insurance for $111 monthly on average. Allstate's average prices come out to be over 70% more expensive, at $264 a month.

There's a lot more that goes into your auto insurance payment than just where you call home. Continue reading to learn more about how other factors will affect your rates.


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Which is the Best Company For Young Drivers?

Allstate Missouri Farm Bureau
18-year-old drivers$448$250
25-year-old drivers$167$94

Young drivers -- especially teens -- usually pay a lot for insurance compared to older drivers. Normally, that's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Missouri Farm Bureau for their auto insurance pay nearly $200 less than those who use Allstate. It's worth noting that Allstate offers car insurance in 47 different states compared to Missouri Farm Bureau's one, which can skew the average rates a bit, but the difference here is still considerable.

That being said, both companies will offer you dramatically lower premiums by the time drivers turn 25. Missouri Farm Bureau offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Allstate's average rates decrease almost 65% during that same period.

Which is the Best Company for Retired Drivers?

Allstate Missouri Farm Bureau
65+-year-old drivers$152$81

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

But who has the best premiums for retired drivers between Allstate and Missouri Farm Bureau? Missouri Farm Bureau gets the edge, with prices for drivers 65 and older more than 45% less expensive than the national average for Allstate.

Which is the Best Company for Married Drivers?

Allstate Missouri Farm Bureau
Single$231$130
Married$155$85

Did you know that car insurance rates are generally more expensive for those who are single than they are for married couples? This usually boils down to married policyholders having more than one car on their policy -- something a lot of auto insurance carriers will reward with discounts.

When it comes to relationship status, Missouri Farm Bureau is the clear winner for single policyholders, with prices about $101 a month more affordable than Allstate, on average. The advantage for married drivers with Missouri Farm Bureau is also obvious, where drivers save over 45% per month.

Allstate vs. Missouri Farm Bureau: Average Rates by Gender

Allstate Missouri Farm Bureau
Male$203$119
Female$194$102

Men are statistically more likely than women to get into an accident or get pulled over for speeding. That means when it comes to insurance men will normally end up paying a little more.

On average, men see premiums around 4% a month higher with Allstate, and nearly 15% with Missouri Farm Bureau.

Looking at the data for each carrier specifically, Missouri Farm Bureau comes out as the lowest option for both genders. On average, women save about $92 per month and men save about $84 with Missouri Farm Bureau compared to the average Allstate policyholder.


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Allstate or Missouri Farm Bureau: Compare State Minimum vs. Full Coverage Rates

Allstate Missouri Farm Bureau
State Minimum*$108$51
Full Coverage**$289$170

*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. There are a variety of different coverages that account for many different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

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

If you're looking for state minimum limits for liability insurance, Missouri Farm Bureau generally offers significantly cheaper rates of $51 compared to Allstate's $108. When it comes to full coverage policies with similar limits, Missouri Farm Bureau again has the edge, with policies around $100 a month less expensive than Allstate, on average.

Is Allstate or Missouri Farm Bureau Better for Drivers with Spotty Records?

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

You'll probably end up paying more with at-fault accidents and tickets on your record, but which of these two companies offers the cheapest prices to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Allstate Missouri Farm Bureau
Clean Record$156$97
1 Speeding Ticket$183$102

Allstate policyholders can expect their premiums to go up an average of $27 per month if they get a ticket, while Missouri Farm Bureau usually raises prices about $5 a month, on average.

Even so, Missouri Farm Bureau is typically the more affordable option for drivers both with a speeding ticket and with a clean record, offering premiums that are $59 and $81 cheaper, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

Allstate Missouri Farm Bureau
Clean Record$156$97
1 At-Fault Accident$229$109

Allstate drivers who get in a collision can expect to see their rates climb by over 30%, while those who have insurance through Missouri Farm Bureau will see around a 10% increase.

Overall, the more affordable prices come from Missouri Farm Bureau, with monthly premiums averaging $109 compared to Allstate's $229.

Which Company is Best for Drivers with a DUI?

Allstate Missouri Farm Bureau
Clean Record$156$97
1 DUI$227$134

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- normally a lot more than an accident or ticket. For example, Allstate increases average rates by over $70 per month -- that's over a 30% increase.

Missouri Farm Bureau has the overall most affordable premiums for drivers with a DUI on their records at $134 per month, but it's worth noting that Allstate's average rates come from 47 states compared to just one for Missouri Farm Bureau, so the data may be skewed slightly.


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How does Credit Score Impact Allstate and Missouri Farm Bureau Rates?

Did you know that many car insurance carriers take into account your credit score when calculating prices? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it might come into play for quite a few policyholders.

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

So, which company offers the best rates for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Allstate Missouri Farm Bureau
Excellent Credit Score$145$87
Good Credit Score$172$96

If you have a great credit score, you'll usually find a better deal with Missouri Farm Bureau. Policyholders with "excellent" credit can save 40% compared to Allstate, and those with "good" scores can also expect to see savings -- about $76 or 44% cheaper every month.

Which Company is Best for Drivers with Bad Credit?

Allstate Missouri Farm Bureau
Fair Credit Score$203$108
Poor Credit Score$275$152

Missouri Farm Bureau typically offers lower prices than Allstate when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $95 a month less with Missouri Farm Bureau compared to Allstate, and those with "poor" scores typically save an average of about $123 monthly.


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Is Allstate or Missouri Farm Bureau Better for Drivers who Work from Home or Have Short Commutes?

Allstate Missouri Farm Bureau
6,000 Annual Miles$197$111
12,000 Annual Miles$200$111

Did you know that the amount of time you spend in your car have a big impact on your monthly premiums? Generally, those who drive fewer miles will end up with less expensive rates since there's less of a chance of getting into a collision 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 Missouri Farm Bureau charges. However, there's a small difference in monthly prices for Allstate, with policyholders who drive the least paying around $3 less each month compared to those who drive 12,000 miles every year. Still, Missouri Farm Bureau is the cheaper option for drivers in both categories.

Allstate vs. Missouri Farm Bureau: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a pretty big impact on your monthly auto insurance bill. Usually, 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.

Allstate Missouri Farm Bureau
Urban Areas$222$132
Suburban Areas$199$109
Rural Areas$174$90

Missouri Farm Bureau boasts the lowest average rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the most affordable premiums from both carriers, but Missouri Farm Bureau comes out on top with average rates about $90 a month. Missouri Farm Bureau also has more affordable average prices for policyholders in urban and suburban ZIP codes -- a 41% and 45% per month respective difference when compared to Allstate drivers in similar areas.

Allstate vs. Missouri Farm Bureau Discounts

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

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

Below, we've compared all of the different discounts offered by Allstate and Missouri Farm Bureau so that you can find the company that has the most discounts and, therefore, the biggest savings.

Allstate Missouri Farm Bureau
ABS Discount 
Advance Quote Discount 
Agency Transfer Discount 
Alert Driving Discount 
Annual Mileage Discount 
Anti-Theft Discount 
Covid-19 Relief Discount 
Defensive Driver Discount 
Distant Student Discount 
Drive Wise Discount 
Driver Training Discount 
DRL Discount 
Economy Car Discount 
EFT Discount 
ESC Discount 
Farm Discount 
Good Driving Discount 
Good Hands Discount 
Good Payer Discount 
Good Student Discount

Allstate knocks Missouri Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 33 more discounts than Missouri Farm Bureau.

There are a couple discounts both companies offer, but Allstate also offers ABS discounts, advance quote discounts, agency transfer discounts, and more that Missouri Farm Bureau does not.

On the flip side, Missouri Farm Bureau has a couple unique discounts of its own -- hybrid vehicle discounts, occupation discounts, and preferred customer discounts.


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Final Thoughts: Is Allstate or Missouri Farm Bureau Best for You?

So, we've broken down the average rates for many of the variables auto insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but at the end of the day, which company is the right one for you and your specific profile and needs?

Missouri Farm Bureau might be best for you if....

  • You're single and purchasing car insurance by yourself.
  • Your credit is below-average.
  • You are over 65 years old and want to save some money on your insurance.


Allstate might be best for you if...

  • You are considering moving to another state -- Missouri Farm Bureau Insurance is only available in MO.
  • You want to save extra money with discounts.

We hope this guide has ben a valuable resource as you compare Allstate and Missouri Farm Bureau. We also hope we've given you the information you need to make the best decision when it comes to 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 several companies, not just Allstate and Missouri Farm Bureau. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.


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Allstate vs. Missouri Farm Bureau FAQs

Is Allstate or Missouri Farm Bureau cheaper?

Looking just at the national average premiums, Missouri Farm Bureau is the less expensive of the two companies, offering average rates of $111 a month compared to $199 for Allstate. However, Missouri Farm Bureau won't necessarily be the cheapest carrier for each policyholder, since there are a bunch of different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Allstate or Missouri Farm Bureau?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all boils down to your unique car insurance profile.

Why do Allstate and Missouri Farm Bureau offer me different rates?

Insurance carriers take a look at many different variables when determining the prices they charge policyholders. Things such as your driving record, age, gender, where your home is, and sometimes even things like your credit score can all be used. Both Allstate and Missouri Farm Bureau use different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from multiple different companies.

How do I know if Allstate or Missouri Farm Bureau is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from a handful of carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance companies 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 Allstate or Missouri Farm Bureau 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.

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