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

Quick Facts

• In general, MMG offers significantly cheaper prices than Allstate
• Allstate may help you save more money -- they offer more discounts than MMG Insurance
• MMG tends to be a much more affordable option for policyholders whose driving record contains an at-fault collision

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

So, you're considering switching to 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've maybe even narrowed it down to Allstate or MMG, but which one has less expensive premiums for auto insurance?

Looking at nationwide averages, Allstate is quite a bit more expensive than MMG, with rates averaging $199 a month compared to just $118 with MMG.

However, that doesn't mean MMG will necessarily be cheaper than Allstate for every driver. Insurance carriers vary their prices depending on things like how clean your driving record is, where you live, how old you are, how good your credit score is, and a ton of other factors, so premiums will vary quite a bit from person to person.

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

Allstate vs. MMG: Average Car Insurance Rates by State

Allstate and MMG only compete against each other in two states, with MMG offering more affordable premiums to the average driver in all of them. Maine has the most noticable difference, where MMG prices are $18 less expensive than auto insurance rates at Allstate.

That being said, there's a lot more that goes into your insurance payment than just the state you live in. Continue reading to see how other variables 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 other group of drivers out there on the road. The reason is that teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean that teen drivers have to just accept sky-high auto insurance prices. For example, 18-year-old drivers pay an average of almost 45% less per month by choosing MMG over Allstate. It's worth noting that Allstate offers car insurance in 47 different states compared to MMG's two, which can skew the average premiums a bit, but the difference here is still considerable.

Even so, both companies will offer you dramatically lower prices once you turn 25. For example, average rates for Allstate policyholders lower around $300 and MMG's premiums drop nearly $150 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest rates you can find.

When looking at Allstate and MMG specifically, which carrier is best for retired drivers? MMG gets the edge here, with average prices coming in at about $83 per month compared to Allstate's $152.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are normally more affordable for married drivers than they are for single drivers? That's usually because married couples tend to own and insure more than one vehicle, which can often earn you a discount.

For single policyholders, the difference in average prices between these two carriers is significant, with MMG premiums coming in at around 40% less than Allstate's. The advantage for married policyholders with MMG is also obvious, where drivers save over 40% a month.

Allstate or MMG: Average Rates by Gender

Because women are less likely to get into accidents and get speeding tickets, they are less likely to file a claim with insurance. So, women tend to pay less for insurance than men.

Normally, women see prices about 4% per month less with Allstate, but with MMG, the difference is closer to 13% a month.

When it comes to the most affordable rates for each gender, MMG offers the lowest average premiums for both men and women. On average, male drivers save about $76 per month and women save around $84 with MMG compared to the average Allstate policyholder.

Allstate vs. MMG: 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 pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy for you.

The two 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 a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability coverage).

Looking specifically at state minimum liability limits, MMG has the significant edge, with average monthly rates coming in at $77. If you want a full coverage policy with the same state minimum limits, MMG again has the edge, with policies averaging about $160 a month to Allstate's $289.

Is Allstate or MMG Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from 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.

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

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Allstate for their car insurance can typically expect their monthly bill to go up around 15% after getting a speeding ticket. MMG policyholders can expect a bit more drastic of an increase of about 19%.

That being said, MMG is generally the less expensive option for both drivers who have clean records and those with a recent ticket, offering rates that are $66 and $72 cheaper, respectively, compared to Allstate.

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 prices. Drivers who use MMG for their auto insurance will see a monthly bill around $32 (or 26%) more expensive after reporting an accident to their insurance company.

At the end of the day, drivers who use MMG end up with the cheaper prices after an accident, with average premiums coming in at $122 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 -- typically a lot more than a collision or speeding ticket. For example, Allstate increases average rates by more than $70 per month -- that's more than a 30% increase.

MMG has the overall most affordable prices for drivers with a DUI on their records at $151 a month, but it's worth noting that Allstate's average rates come from 47 states compared to just two for MMG, so the data may be skewed slightly.

How does Credit Score Impact Allstate and MMG Rates?

Did you know many insurance companies take your credit score into account when determining premiums? Certain states and carriers do not allow for credit score to be used as an insurance factor, but it might come into play for a lot of drivers.

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

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

Which Company is Best for Drivers with Good Credit?

If you have great credit, MMG will generally reward you the most. For drivers with "excellent" credit scores, MMG comes in nearly 47.59 more affordable. Drivers with "good" credit scores normally save about 45% with MMG compared to average premiums from Allstate.

Which Company is Best for Drivers with Bad Credit?

MMG typically offers lower prices than Allstate when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around 42% a month less with MMG compared to Allstate, and those with "poor" scores usually save an average of about 32% monthly.

Is Allstate or MMG 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 car insurance bill. Normally, those who drive less will end up with cheaper rates since there's less of a chance of causing an accident and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much MMG 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, for drivers in both categories, MMG is the less expensive company.

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

Where you call home can have a sizable impact on your monthly insurance cost. Usually, those who live in urban areas will pay more than policyholders in rural areas since there are a lot more vehicles on the roads where they live.

When comparing these two carriers side-by-side, MMG typically comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about 40% with MMG compared to Allstate. People who live in suburban areas pay around 34% less with MMG compared to Allstate. For drivers in urban ZIP codes, MMG Insurance's average premiums are about 46% less than Allstate.

Allstate vs. MMG 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 auto insurance discounts as possible.

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're eligible for.

Luckily, we did the hard work for you and looked at all of the different discounts Allstate and MMG 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 blows MMG away when it comes to the sheer amount of discounts available, offering 33 more discounts than MMG.

Both companies offer several of the same discounts -- like discounts for being a defensive driver, discounts for being a good student, and renewal discounts -- but Allstate also offers discounts for ABS, advance quote, agency transfer, and more.

On the other hand, MMG has a few proprietary discounts of their own like ez-pay credit discounts and new business discounts.

Final Thoughts: Is Allstate or MMG Best for You?

You've seen the role certain factors have on your car insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, which carrier is the right carrier for you, your vehicle, and your wallet?

MMG might be best for you if....

• You have an at-fault accident on your record.
• You're looking for the best rates on liability only coverage.
• You've started working from home and don't have much of a commute.

Allstate might be best for you if...

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

Hopefully, this guide helps you get a better idea of the difference between Allstate and MMG. We also hope we've given you the information you need to make the best decision when it comes to your 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 companies, not just Allstate and MMG. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top insurance carriers in your area, all in just a few minutes.

Allstate vs. MMG FAQs

Is Allstate or MMG cheaper?

MMG is the cheaper of the two companies when looking at national average prices, with policies averaging $118 per month with MMG and $199 for Allstate. But that doesn't mean MMG will be the lowest company for each driver, since there are a bunch of different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Allstate or MMG?

Unfortunately, the real answer is "it depends.". No one carrier is "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Allstate and MMG offer me different rates?

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

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

The only way to find the insurance carrier 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 information once and you'll get quotes from dozens of your local top auto insurance companies for free. That way, you can guarantee you're getting the best price. And maybe you'll find that the best company for you isn't Allstate or MMG 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.