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

Quick Facts

• Based on national averages for car insurance, Virginia Farm Bureau offers significantly cheaper prices than Allstate
• Allstate may help you save more money -- they offer more discounts than Virginia Farm Bureau Insurance
• Virginia Farm Bureau has less expensive rates in VA

Allstate or Virginia Farm Bureau: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large savings. But exactly how much can you save by switching?

You might have narrowed your search down to Allstate or Virginia Farm Bureau as your top options, but which one has more affordable prices for insurance?

As you can see, Virginia Farm Bureau is quite a bit cheaper than Allstate, with premiums averaging $101 a month compared to $199 with Allstate when looking at the national average rates for auto insurance.

That being said, Virginia Farm Bureau may not be the most affordable or best option for every driver out there. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like where you call home, your age, your driving record, or even your credit score (among other things). So, at the end of the day, rates from each carrier will differ quite a bit from person to person.

So, if you want to find out which of Allstate or Virginia Farm Bureau is really the best for you, keep reading to see average premiums for each company broken down by a variety of different rate factors.

Allstate vs. Virginia Farm Bureau: Average Car Insurance Rates by State

Allstate and Virginia Farm Bureau only compete against each other in Virginia, where Virginia Farm Bureau offers the cheaper average rates. Virginia Farm Bureau drivers tend to pay about $31 per month less on average compared to drivers who use Allstate for their car insurance.

But there's more to calculating insurance prices than just where you live. Keep reading to find out more.

Which is the Best Company For Young Drivers?

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

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. Just look at the table above -- where 18-year-old drivers who have Virginia Farm Bureau for their car insurance pay almost 55% less than those who use Allstate. It's worth noting that Allstate offers auto insurance in 47 different states compared to Virginia Farm Bureau's one, which can skew the average premiums a bit, but the difference here is still considerable.

However, both companies will offer you dramatically lower prices once you turn 25. For example, average rates for Allstate policyholders drop around $300 and Virginia Farm Bureau's prices decrease about $100 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the cheapest insurance rates 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 car insurance.

So, which carrier offers the best rates to retired drivers? Virginia Farm Bureau gets the edge, with premiums for drivers 65 and older over 40% cheaper than the national average for Allstate.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are usually more affordable for married couples than they are for single drivers? That's because policies for married policyholders generally cover more than one vehicle, which a lot of carriers will give you a discount for.

For those who are single, the difference in average rates between these two companies is significant, with Virginia Farm Bureau prices coming in at around half of Allstate's. The advantage for married drivers with Virginia Farm Bureau is also obvious, where drivers save more than 45% a month.

Allstate or Virginia Farm Bureau: Average Rates by Gender

Did you know men tend to pay more for auto insurance than women? That's because women are less likely to get tickets and get into collisions, which decreases the chances of filing a claim with insurance.

On average, men see premiums nearly $10 per month higher with Allstate, but with Virginia Farm Bureau, the difference is closer to $4 a month.

Looking at overall affordability, Virginia Farm Bureau offers the most affordable average rates for both men and women, with average premiums 49% less for men and 49% cheaper for women.

Allstate vs. Virginia Farm Bureau: 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, car insurance can be pretty complicated. There are several different coverages that account for a bunch of 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.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers if you cause an accident) 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, Virginia Farm Bureau has the significant edge, with average monthly prices coming in at $66. If you want a full coverage policy with the same state minimum limits, Virginia Farm Bureau again has the edge, with policies averaging about $136 per month to Allstate's $289.

Is Allstate or Virginia Farm Bureau 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.

You'll probably end up paying more with collisions and speeding tickets on your record, but which of these two companies offers the cheapest prices to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Allstate for their insurance can typically expect their monthly bill to go up around 15% after getting a speeding ticket. Virginia Farm Bureau policyholders can expect a bit more drastic of an increase of about 23%.

But Virginia Farm Bureau has less expensive premiums for drivers in both categories, offering prices that are 47% and 42% 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 rates increase by over 30%, while those who have insurance through Virginia Farm Bureau will see around a 20% increase.

At the end of the day, the less expensive premiums come from Virginia Farm Bureau, with average rates coming in at $105 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 an accident or ticket. Allstate drivers usually see a 31% increase in their insurance premiums after a DUI charge, while Virginia Farm Bureau will normally raise prices by about 26%.

Virginia Farm Bureau has the overall lowest premiums for drivers with a DUI on their records at $111 monthly, but it's worth noting that Allstate's average rates come from 47 states compared to just one for Virginia Farm Bureau, so the data may be skewed slightly.

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

Did you know many auto insurance carriers take into account your credit score when determining prices? This isn't true for everyone (Michigan, for example, has banned the use of credit score as an insurance factor) but it will come into play for lots of policyholders.

Insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with more affordable rates.

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

Which Company is Best for Drivers with Good Credit?

If you have great credit, Virginia Farm Bureau will generally reward you the most. For drivers with "excellent" credit scores, Virginia Farm Bureau comes in more than 55.17 less expensive. Drivers with "good" credit scores typically save around 49% with Virginia Farm Bureau compared to average premiums from Allstate.

Which Company is Best for Drivers with Bad Credit?

Virginia Farm Bureau typically offers lower rates than Allstate when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 46% a month less with Virginia Farm Bureau compared to Allstate, and those with "poor" scores normally save an average of around 48% per month.

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

How much you drive can have a substantial impact on your monthly premiums. Usually, those who drive fewer miles will end up with cheaper rates since there's less of a chance of causing a collision and filing an insurance claim.

For both remote workers and those taking short commutes, Virginia Farm Bureau tends to be the more affordable option. Allstate's average prices for drivers with 6,000 annual miles come in nearly $100 more expensive than Virginia Farm Bureau. Those who drive 12,000 miles yearly can expect to pay more than $95 more with Allstate over Virginia Farm Bureau.

Allstate or Virginia Farm Bureau: 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 car insurance, but the type of area you live in can have a large impact as well. 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.

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

For policyholders in urban ZIP codes, Virginia Farm Bureau Insurance's average prices are about 51% less than Allstate. People who live in suburban areas pay around 42% less with Virginia Farm Bureau compared to Allstate. Those in rural areas can expect to save about 55% with Virginia Farm Bureau compared to Allstate.

Allstate vs. Virginia Farm Bureau 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 car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be hard to find all the ones you're eligible for or to nail down the company that has the most discounts for your unique driver profile.

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

Allstate knocks Virginia Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 40 different discounts to Virginia Farm Bureau's eight.

Both carriers offer a lot of the same discounts -- like ABS discounts, discounts for being a defensive driver, and discounts for getting driver training -- but Allstate also offers discounts for advance quote, agency transfer, alert driving, and more.

On the other hand, Virginia Farm Bureau has a few proprietary discounts of their own like new business discounts and umbrella policy discounts.

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

So, you've seen how different variables can affect your auto insurance rates. We've broken down the different discounts each carrier offers, too. But, at the end of the day, which insurance company is the best fit for you?

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

• You have an at-fault collision on your record.
• Your neighborhood is in the suburbs.
• You've started working from home and don't have much of a commute.

Allstate might be best for you if...

• You're thinking about moving to another state -- Virginia Farm Bureau Insurance only offers policies to Virginia residents.
• You're looking for discounts -- Allstate has the most.

Hopefully, this guide helps you get a better idea of the difference between Allstate and Virginia Farm Bureau. 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 auto insurance policy is to compare quotes from several companies, not just Allstate and Virginia Farm Bureau. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best insurance carriers in your area, all for free.

Allstate vs. Virginia Farm Bureau FAQs

Is Allstate or Virginia Farm Bureau cheaper?

Virginia Farm Bureau is the cheaper of the two companies when looking at national average premiums, with policies averaging $101 per month with Virginia Farm Bureau and $199 for Allstate. That being said, that doesn't mean Virginia Farm Bureau will be the most affordable carrier for everyone, since there are a range of different factors that are considered when it comes to your car insurance cost.

Who is better, Allstate or Virginia Farm Bureau?

Sadly, the only answer we can give you is "it depends.". No single company is "better" for every policyholder -- it all comes down to what your unique insurance profile looks like.

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

Auto insurance carriers use several different variables when calculating the rates they charge. Things such as your driving record, gender, where you park your vehicle, age, and sometimes even things like your credit score can all come into play. Both Allstate and Virginia Farm Bureau calculate premiums using different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from many different companies.

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

The only way to find the car insurance company that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top auto insurance companies for free. With those, you can guarantee you're getting the most affordable rate. And maybe you'll find that the best carrier for you isn't Allstate or Virginia Farm Bureau 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.