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

Quick Facts

• Based on national averages for car insurance, Ohio Mutual offers significantly cheaper rates than Allstate
• Allstate tends to be a much less expensive option for drivers with a DUI charge on their record
• Ohio Mutual has more affordable premiums for policyholders who drive fewer than 12,000 miles annually

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

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You might be considering Allstate or Ohio Mutual as potential options, but which one will save you the most?

Looking at the national average rates for both companies, Allstate has average rates that are about 24% per month more expensive than those from Ohio Mutual.

However, that doesn't necessarily mean Ohio Mutual will be the less expensive option for every single driver. After all, insurance carriers can offer drastically different rates to each driver depending on rating factors like your credit score, where you call home, your driving record, or even your age (among other things), so prices will differ quite a bit from person to person.

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

Allstate or Ohio Mutual: Average Car Insurance Rates by State

Allstate and Ohio Mutual only compete against each other in Ohio, where Ohio Mutual offers the cheaper average rates. For Ohio residents, Ohio Mutual offers car insurance for $152 per month on average. Allstate's average prices come out to be more expensive, at $153 monthly.

But there's more to auto insurance than just where you call home. As we mentioned above, there's a lot of things that go into how car insurance companies calculate your premiums. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. It's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. As you can see above, teens who use Ohio Mutual save more than $150 a month compared to those who use Allstate. It's worth noting that Allstate offers insurance in 47 different states compared to Ohio Mutual's one, which can skew the average prices a bit, but the difference here is still considerable.

That being said, both carriers will offer you dramatically lower rates by the time drivers turn 25. Ohio Mutual offers the steepest drop, with 25-year-olds paying less than half what 18-year-old drivers are charged. Allstate's average premiums decrease nearly 65% during that same period.

Which is the Best Company for Retired Drivers?

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

But who has the best prices for retired drivers between Allstate and Ohio Mutual? Ohio Mutual gets the edge, with rates for drivers 65 and older $38 cheaper than the national average for Allstate.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be more affordable for married drivers than they are for single policyholders. This usually boils down to married policyholders having several cars on their policy -- something several car insurance companies will reward with discounts.

When it comes to relationship status, Ohio Mutual is the clear winner for single drivers, with premiums around $59 per month cheaper than Allstate, on average. The advantage for married couples with Ohio Mutual is also obvious, where drivers save about $30 a month.

Allstate vs. Ohio Mutual: Average Rates by Gender

Because men are more likely to get into accidents and get tickets, they have an increased chance of filing a claim with insurance. Therefore, men tend to pay more for insurance than women.

On average, men see rates almost $10 per month higher with Allstate, while with Ohio Mutual, the difference is closer to $8 a month.

Looking at overall affordability, Ohio Mutual comes out on top for both men and women. On average, male drivers save about $47 per month and women save around $46 with Ohio Mutual compared to the average Allstate policyholder.

Allstate or Ohio 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.

For most people, auto insurance isn't the easiest topic to understand. Everyone needs insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum liability limits, Ohio Mutual normally offers significantly less expensive prices of $74 compared to Allstate's $108. When it comes to full coverage policies with similar limits, Ohio Mutual again has the edge, with policies about $60 a month more affordable than Allstate, on average.

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

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

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

Which Company is Best for Drivers with Speeding Tickets?

Allstate policyholders can expect their prices to go up an average of $27 per month if they get a ticket, while Ohio Mutual generally raises rates around $21 a month, on average.

Even so, Ohio Mutual has more affordable premiums for drivers in both categories, offering rates that are $72 and $78 cheaper, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

Allstate drivers who get in a collision can expect to see their prices increase by just under $75, while those who have insurance through Ohio Mutual will see about a $40 increase.

Overall, the more affordable premiums come from Ohio Mutual, with monthly prices averaging $125 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 an accident. For example, Ohio Mutual increases average premiums by over $200 per month -- that's over a 70% increase.

Allstate has the overall most affordable 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 one for Ohio Mutual, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Ohio Mutual Rates?

In many cases, your credit score can be used as one of the factors to determine your monthly auto insurance premiums. Certain states and carriers do not allow for credit score to be used as a rating factor, but it will come into play for lots of policyholders.

Car insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

So, which company offers the lowest prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with Ohio Mutual. Drivers with "excellent" credit can save more than 30% compared to Allstate, and those with "good" scores can also expect to see savings -- around $48 or 28% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

Ohio Mutual typically offers lower rates than Allstate when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about $50 a month less with Ohio Mutual compared to Allstate, and those with "poor" scores typically save an average of around $43 monthly.

Is Allstate or Ohio 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 pretty big impact on your monthly prices? Usually, those who drive fewer miles will end up with cheaper 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 Ohio Mutual charges. However, there's a small difference in monthly premiums for Allstate, with policyholders who drive the least paying about $3 less each month compared to those who drive 12,000 miles yearly. Still, Ohio Mutual is the less expensive option for drivers in both categories.

Allstate vs. Ohio Mutual: 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 insurance, but the type of area you live in can have a considerable impact as well. Normally, those who live in urban areas will pay more than policyholders in rural areas because there are a lot more vehicles on the road in those areas, which increases the chances of an accident.

Ohio Mutual tends to offer the lowest rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

Drivers in rural ZIP codes see the cheapest prices from both carriers, but Ohio Mutual comes out on top with average premiums around $147 a month. Ohio Mutual also has cheaper average rates for policyholders in urban and suburban ZIP codes -- a $67 and $46 per month respective difference when compared to Allstate drivers in similar areas.

Allstate vs. Ohio Mutual Discounts

Regardless of 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 possible, and 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 challenging to find all the of the ones you're eligible for.

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

Allstate knocks Ohio Mutual out of the park when it comes to the sheer number of discounts available, offering 23 more discounts than Ohio Mutual.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, distant student discounts, and paid in full discounts. Allstate also offers agency transfer discounts, alert driving discounts, annual mileage discounts, and more that Ohio Mutual does not.

On the flip side, Ohio Mutual has a couple unique discounts of its own -- attentive driver discounts, continuous insurance discounts, group discounts, and more.

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

You've seen the effect certain variables have on your auto insurance and the different discounts companies offer. But, at the end of the day, which insurance company is the right fit for you?

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

• You like the personalized touch of a small, local carrier.
• You want basic car insurance coverage at the state minimum limits.
• You are purchasing your auto insurance with a spouse.

Allstate might be best for you if...

• You value the experience that comes with a large national insurance company.
• You have a DUI charge on your record.
• You care about discounts (Allstate offers the most).

We hope this guide has ben a valuable resource as you compare Allstate and Ohio Mutual. We also hope we've given you the information you need to make the best decision when it comes to your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on insurance -- comparing quotes from a handful of carriers, not just Allstate and Ohio Mutual. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top car insurance companies in your area, all in just a few minutes.

Allstate vs. Ohio Mutual FAQs

Is Allstate or Ohio Mutual cheaper?

Looking just at the national average prices, Ohio Mutual is the more affordable of the two carriers, offering average rates of $152 a month compared to $199 for Allstate. But Ohio Mutual won't necessarily be the lowest carrier for every policyholder, since there are many different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Allstate or Ohio Mutual?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique auto insurance profile looks like. For example, Allstate offers less expensive rates for drivers with a recent DUI, while Ohio Mutual is more affordable for drivers with excellent credit.

Why do Allstate and Ohio Mutual offer me different rates?

Insurance companies take a look at many different variables when calculating the premiums they charge policyholders. Things such as gender, age, where you live, your driving record, and sometimes even things like your credit score can all be used. Both Allstate and Ohio Mutual calculate rates differently, so each one will most likely offer different premiums. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a variety of different carriers.

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

The only way to find the auto insurance company 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 ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best rate. And who knows, the best carrier for you might not be Allstate or Ohio 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.