American Family vs. Cincinatti Financial: Which Company is the Best Fit for You?

Quick Facts

• In general, American Family offers significantly less expensive premiums than Cincinatti Financial
• American Family offers more discounts than Cincinatti Financial
• Cincinatti Financial tends to be a much more affordable option for drivers who have received a ticket within the last few years

American Family vs. Cincinatti Financial: Which Company has the Cheapest Car Insurance?

Are you considering 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 American Family or Cincinatti Financial as potential options, but which carrier has cheaper rates for car insurance?

Looking at the national average rates for both companies, Cincinatti Financial is quite a bit more expensive than American Family, with prices averaging $200 per month compared to just $140 with American Family.

But that doesn't mean American Family will necessarily be less expensive than Cincinatti Financial for every driver. Auto insurance carriers vary their premiums depending on things like how good your credit score is, how old you are, how clean your driving record is, where you live, and tons of other factors. So, at the end of the day, prices from each carrier will differ quite a bit from person to person.

Wanting to know if American Family or Cincinatti Financial is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

American Family or Cincinatti Financial: Average Car Insurance Rates by State

American Family and Cincinatti Financial only compete against each other in one states, with American Family offering more affordable premiums to the average driver in all of them. Ohio has the most noticable difference, where American Family rates are over 60% less expensive than car insurance prices at Cincinatti Financial.

There's a lot more that goes into your insurance bill than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance premiums of any other group of drivers out there on the road. It's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have American Family for their car insurance pay nearly $200 less than those who use Cincinatti Financial.

That being said, with both companies, you'll see your prices reduce significantly once you turn 25. For example, average premiums for American Family policyholders drop more than 60% and Cincinatti Financial's prices decrease over 60% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest insurance premiums you'll ever see. After all, they've likely been driving for quite some time, which usually decreases their chances of accidents and other infractions that can increase rates.

But who has the best premiums for retired drivers between American Family and Cincinatti Financial? American Family gets the edge here, with average prices coming in at about $107 per month compared to Cincinatti Financial's $122.

Which is the Best Company for Married Drivers?

Did you know that auto insurance rates are generally more affordable for married policyholders than they are for single drivers? This usually boils down to married drivers having several cars on their policy -- something several insurance carriers will reward with discounts.

When it comes to relationship status, American Family is the clear winner for single policyholders, with premiums around $76 a month cheaper than Cincinatti Financial, on average. The advantage is also clear for married couples - American Family offers the most affordable average prices.

American Family vs. Cincinatti Financial: Average Rates by Gender

Did you know women tend to pay less for auto insurance than men? This is because men are statistically more likely than women to get into an accident or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher rates.

On average, women see premiums about 3% per month less with American Family, while with Cincinatti Financial, the difference is closer to 6% a month.

Looking at overall affordability, American Family comes out as the lowest option for both genders. On average, women save about $55 per month and men save around $63 with American Family compared to the average Cincinatti Financial policyholder.

American Family or Cincinatti Financial: 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 car insurance can be pretty complicated. There are a bunch of different coverages that account for a variety of 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.

However, most policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to what you get with liability coverage).

If you're looking for state minimum liability insurance, American Family usually offers slightly more affordable rates of $96 compared to Cincinatti Financial's $106. When it comes to full coverage policies with similar limits, American Family again has the edge, with policies about $100 a month less expensive than Cincinatti Financial, on average.

Is American Family or Cincinatti Financial Better for Drivers with Spotty Records?

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

It's no secret secret that collisions and tickets lead to higher prices, but which carrier -- American Family or Cincinatti Financial -- has the cheapest rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

American Family policyholders can expect their premiums to go up an average of $29 per month if they get a ticket, while Cincinatti Financial normally raises prices around $21 a month, on average.

If you have a clean record, American Family tends to offer the best rates at about 3% cheaper, while Cincinatti Financial has the edge for drivers with a speeding ticket.

Which Company is Best for Drivers After an Accident?

American Family drivers who get in a collision can expect to see their prices increase by just under 15%, while those who have insurance through Cincinatti Financial will see around a 45% increase.

Overall, American Family offers the most affordable premiums for drivers with an at-fault accident on their records, with monthly rates averaging $138 compared to Cincinatti Financial's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your insurance bill. On average, Cincinatti Financial will increase your prices about 62% after a DUI, while American Family's average premiums climb by over 25%.

If you have a DUI on your record and are looking for more affordable prices, American Family tends to be the much more affordable option with average rates of $158 monthly compared to $320 from Cincinatti Financial.

How does Credit Score Impact American Family and Cincinatti Financial Rates?

You may not realized it, but your credit score can come into play when companies calculate your monthly bill. Certain states and carriers do not allow for credit score to be used as a rating factor, but it might come into play for many policyholders.

Car 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 less expensive premiums.

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

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is American Family or Cincinatti Financial Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on how much auto insurance carriers will charge for coverage. Generally, those who drive less will end up with cheaper prices since there's less of a chance of getting into an accident 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 Cincinatti Financial charges. However, there's a small difference in monthly premiums for American Family, with drivers who put 6,000 miles on their vehicle annually paying around $5 less every month compared to those who drive 12,000 miles yearly. Still, American Family is the more affordable option for drivers in both categories.

American Family vs. Cincinatti Financial: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a pretty big impact on your monthly insurance cost. Typically, those who live in urban areas will pay more than drivers in rural areas because there are a lot more vehicles on the road in those areas, which increases the chances of an accident.

When comparing these two companies side-by-side, American Family normally comes out as the lowest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Policyholders in rural ZIP codes see the most affordable rates from both carriers, but American Family comes out on top with average prices about $121 a month. American Family also has cheaper average premiums for drivers in urban and suburban ZIP codes -- a 25% and 32% per month respective difference when compared to Cincinatti Financial policyholders in similar areas.

American Family vs. Cincinatti Financial 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 where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you're eligible for.

Below, we've taken a look at all of the different discounts American Family and Cincinatti Financial 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.

American Family blows Cincinatti Financial away when it comes to the sheer amount of discounts available, offering 21 different discounts to Cincinatti Financial's 10.

There are a couple discounts both companies offer, but American Family also offers connect partner discounts, distant student discounts, DRL discounts, and more that Cincinatti Financial does not.

On the flip side, Cincinatti Financial has a unique discount of its own -- a special large ded discounts.

Final Thoughts: Is American Family or Cincinatti Financial Best for You?

So, we've broken down the average prices for many of the factors auto insurance carriers look at, and walked through the different discounts each carrier offers, too. That's all well and good, but at the end of the day, which company is the best company for you and your specific driver profile?

American Family might be best for you if....

• You haven't received any speeding tickets or been in a collision in the last few years.
• You want basic car insurance coverage at the state minimum limits.
• You live in a rural area.

Cincinatti Financial might be best for you if...

• You've been pulled over for speeding recently.

We hope this guide helps you get a better idea of the difference between American Family and Cincinatti Financial and that you can now make a more informed 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 a handful of companies, not just American Family and Cincinatti Financial. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

American Family vs. Cincinatti Financial FAQs

Is American Family or Cincinatti Financial cheaper?

Looking just at the national average premiums, American Family is the less expensive of the two companies, offering average rates of $140 a month compared to $200 for Cincinatti Financial. Even so, American Family won't necessarily be the lowest carrier for everyone, since there are a range of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, American Family or Cincinatti Financial?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all depends on the makeup of your unique insurance profile.

Why do American Family and Cincinatti Financial offer me different rates?

Car insurance carriers take a look at a lot of different factors when calculating the rates they charge drivers. Variables such as gender, your driving record, age, where you live, and sometimes even things like your credit score can all come into play. Both American Family and Cincinatti Financial calculate premiums using different factors, so each one will most likely offer different prices. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from several different companies.

How do I know if American Family or Cincinatti Financial is right for me?

The only way to find the 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, Compare.com makes it easy for you to do just that. Just enter your information once and you'll get free quotes from dozens of the best auto insurance companies in your area. With those, you can guarantee you're getting the lowest price. And who knows, the best carrier for you might not be American Family or Cincinatti Financial 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.