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

Quick Facts

• Based on national averages for auto insurance, Allstate offers slightly less expensive premiums than National Mutual
• Allstate offers cheaper average prices for drivers with a DUI charge on their record
• National Mutual offers more affordable premiums for residents in Iowa, Indiana, and Ohio

Allstate vs. National Mutual: Which Company has the Cheapest Car Insurance?

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

You might have narrowed your search down to Allstate or National Mutual as potential options, but between the two, which one has more affordable prices for insurance?

As you can see, Allstate is about $2 per month less expensive than National Mutual when looking at the national average rates for car insurance.

Even so, that doesn't necessarily mean Allstate will be the cheaper option for every single driver. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like your driving record, where you call home, your age, or even your credit score (among other things), so rates could vary drastically from person to person.

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

Allstate or National Mutual: Average Car Insurance Rates by State

Allstate and National Mutual only compete against each other in three states, with Allstate offering more affordable premiums to the average driver in all of them. Iowa has the most noticable difference, where Allstate rates are over 70% cheaper than car insurance prices at National Mutual.

But there's more to calculating auto insurance rates than just the state you live in. Read on to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for insurance than any other group of drivers. That's normally because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use Allstate save nearly $30 a month compared to those who use National Mutual. It's worth noting that Allstate offers insurance in 47 different states compared to National Mutual's three, which can skew the average premiums a bit, but the difference here is still considerable.

But both carriers will lower prices by the time drivers turn 25. For example, average premiums for Allstate policyholders drop almost $300 and National Mutual's rates decrease around $300 over that time.

Which is the Best Company for Retired Drivers?

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

So, which carrier offers the best prices to retired drivers? National Mutual gets the edge, with premiums for drivers 65 and older more than 10% more affordable than the national average for Allstate.

Which is the Best Company for Married Drivers?

Married policyholders tend to get slightly less expensive auto insurance prices than those who are single. This usually boils down to married couples having multiple cars on their policy -- something quite a few car insurance companies will reward with discounts.

When it comes to relationship status, Allstate is the winner for single policyholders, with rates about $9 per month more affordable than National Mutual, on average.

Allstate vs. National Mutual: Average Rates by Gender

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

Women usually pay nearly $10 a month less than men with Allstate, and over $20 cheaper with National Mutual when compared to their male counterparts.

Looking at the data for each company specifically, Allstate is the cheapest carrier for men. Rates with Allstate are $9 less for men, while women can save around $3 with National Mutual.

Allstate or National 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.

Car insurance can be a complicated subject for most people. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

That being said, most policies that many drivers look at fall into two categories -- liability only (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, alongside liability).

In this case, National Mutual offers the most affordable average prices for state minimum limits for liability insurance, while Allstate has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $15 with National Mutual Insurance, while full coverage comes out to be about $20 less expensive with Allstate.

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

You've probably seen plenty of commercials from auto insurance carriers offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Accidents and tickets will most likely raise your premiums, but is Allstate or National Mutual cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Allstate policyholders can expect their rates to go up an average of $27 per month if they get a ticket, while National Mutual generally raises prices around $11 a month, on average.

However, National Mutual has less expensive premiums for drivers in both categories, offering prices that are $25 and $41 more affordable, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Allstate can expect to see about an $73 -- or around 32% -- increase in their auto insurance rates. Drivers who use National Mutual for their car insurance will see a monthly bill about $76 (or 37%) more expensive after reporting an accident to their auto insurance company.

Overall, the cheaper premiums come from National Mutual, with monthly prices averaging $207 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. On average, National Mutual will climb your rates around 60% after a DUI, while Allstate's average premiums climb by over 30%.

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

How does Credit Score Impact Allstate and National Mutual Rates?

You may not have known, but your credit score can come into play when companies calculate your monthly bill. This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it will come into play for several policyholders.

Car 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.

Looking specifically at National Mutual and Allstate, which carrier has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with National Mutual. Policyholders with "excellent" credit can save just under 15% compared to Allstate, and those with "good" scores can also expect to see savings -- about $11 or 6% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Allstate typically offers lower prices than National Mutual when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $18 per month less with Allstate compared to National Mutual, and those with "poor" scores typically save an average of about $22 monthly.

Is Allstate or National 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 considerable impact on how much insurance companies will charge for coverage? That's because the fewer miles you put on your car, the less likely you are to get into an accident and cause an insurance claim.

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

Allstate vs. National Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a sizable role in how much you pay for auto insurance. Normally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because there are a lot fewer vehicles on the road in those areas, which decreases the chances of an accident.

Looking at these carriers side-by-side, Allstate boasts the most affordable average prices in rural and suburban areas, while National Mutual wins in urban areas.

Those in rural areas can expect to pay about $174 per month with Allstate compared to National Mutual's $189. People in suburban areas pay a monthly price of around $199 with Allstate compared to $201 with National Mutual. For drivers in urban ZIP codes, National Mutual's average premiums are about $214 while Allstate offers rates around $222.

Allstate vs. National Mutual Discounts

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

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you can take advantage of.

In the section below, we've compared all of the different discounts offered by Allstate and National Mutual so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Allstate blows National Mutual away when it comes to the sheer amount of discounts available, offering 40 different discounts to National Mutual's 19.

A couple of those are overlapping for things like anti-theft discounts, discounts for getting driver training, EFT discounts, and multi-policy discounts. Allstate also offers ABS discounts, agency transfer discounts, alert driving discounts, and more that National Mutual does not.

On the flip side, National Mutual has a couple unique discounts of its own -- claim free discounts, continuous insurance discounts, education discounts, and more.

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

So, we've broken down the average prices for many of the factors car insurance companies look at, and walked through the different discounts each company offers, too. But, when it comes down to it, which carrier is the right company for you and your specific driver profile?

Allstate might be best for you if....

• You're single and purchasing insurance by yourself.
• Your home is located in the suburbs.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

National Mutual might be best for you if...

• You've been pulled over for speeding recently.
• You want basic auto insurance coverage at the state minimum limits.
• You are purchasing your car insurance with a spouse.

We hope this guide has ben a valuable resource as you compare Allstate and National Mutual and that it aids in making a more informed decision about your insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several carriers, not just Allstate and National Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top insurance companies in your area, all in just a few minutes.

Allstate vs. National Mutual FAQs

Is Allstate or National Mutual cheaper?

Looking just at the national average rates, Allstate is the more affordable of the two carriers, offering average rates of $199 a month compared to $201 for National Mutual. Even so, Allstate won't necessarily be the lowest company for each policyholder, since there are a bunch of different variables that come into play when it comes to your car insurance cost.

Who is better, Allstate or National Mutual?

Unfortunately, the answer truly is "it depends.". No one carrier is "better" for every driver -- it all depends on the makeup of your unique auto insurance profile. For example, Allstate offers less expensive premiums for single drivers, while National Mutual is more affordable for drivers who have already retired.

Why do Allstate and National Mutual offer me different rates?

Insurance companies take a look at lots of different factors when calculating the prices they charge policyholders. Variables such as age, your driving record, gender, where you park your car, and sometimes even things like your credit score can all come into play. Both Allstate and National Mutual use different formulas, so each one will most likely offer different premiums. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a variety of different carriers.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from multiple companies 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 area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. With those, you can guarantee you're getting the best rate. And who knows, the best company for you might not be Allstate or National Mutual 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.