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

Quick Facts

• Looking at the national averages for car insurance, American National offers significantly more affordable rates than Cumberland Mutual
• American National has cheaper premiums for policyholders who live in the suburbs
• Cumberland Mutual offers more discounts than American National Insurance Company

American National vs. Cumberland Mutual: 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 huge discounts. But exactly how much can you save by switching?

You've maybe even narrowed it down to American National or Cumberland Mutual as your top options, but between the two, which company will save you the most?

Looking at nationwide averages, Cumberland Mutual has average rates that are about 55% per month more expensive than those from American National.

However, that doesn't necessarily mean American National will be the more affordable option for each driver. Auto insurance companies use a variety of complex algorithms to calculate rates, so depending on how old you are or how clean your driving record is (among a wide array of other factors), you could see wildly different prices from the ones above.

Wanting to know if American National or Cumberland 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.

American National or Cumberland Mutual: Average Car Insurance Rates by State

American National and Cumberland Mutual only compete against each other in one states, with American National offering cheaper rates to the average driver in all of them. Pennsylvania has the most noticable difference, where American National prices are less expensive than car insurance premiums at Cumberland Mutual.

That being said, there are plenty of other factors that go into your insurance cost than just your home state. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. That's generally because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

But that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use American National save more than $250 a month compared to those who use Cumberland Mutual.

That being said, both carriers will lower prices once you turn 25. For example, average premiums for American National policyholders reduce over 60% and Cumberland Mutual's rates decrease more than 55% over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best prices for retired drivers between American National and Cumberland Mutual? American National gets the edge here, with average premiums coming in at around $66 a month compared to Cumberland Mutual's $121.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive insurance rates than married couples. That's because policies for married policyholders normally cover more than one car, which several companies will offer you a discount for.

When it comes to relationship status, American National is the clear winner for single drivers, with prices about $123 per month more affordable than Cumberland Mutual, on average. The advantage for married drivers with American National is also obvious, where drivers save over 55% a month.

American National vs. Cumberland Mutual: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll typically end up paying more for auto insurance than women.

With American National, women generally pay around $1 per month less than men, and about $9 less with Cumberland Mutual.

Looking at overall affordability, American National comes out as the cheapest option for both genders, with average premiums $109 less for men and $101 cheaper for women.

American National or Cumberland 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 isn't the easiest topic to understand. There are so many different limits and coverages that it can make it pretty confusing to find the right policy.

Even so, the most common policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers and their passengers if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to what you get with a liability policy).

If you're looking for state minimum liability insurance, American National usually offers significantly cheaper rates of $52 compared to Cumberland Mutual's $106. When it comes to full coverage policies with similar limits, American National again has the edge, with policies around $150 a month less expensive than Cumberland Mutual, on average.

Is American National or Cumberland Mutual Better for Drivers with Spotty Records?

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

Tickets and at-fault collisions will most likely raise your premiums, but is American National or Cumberland Mutual more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

American National policyholders can expect their rates to go up an average of $17 per month if they get a ticket, while Cumberland Mutual generally raises prices about $18 a month, on average.

That being said, American National is normally the cheaper option for drivers both with clean records and with a speeding ticket. Drivers with a clean record can save around $102 per month and drivers with a ticket can save about $103 a month with American National Insurance Company.

Which Company is Best for Drivers After an Accident?

Both companies will increase premiums pretty significantly if you get into an at-fault accident with American National climbing by just under $30. Cumberland Mutual has a less extreme raise, but you can still expect to pay nearly $15 more than you were prior to your first collision.

Overall, the less expensive rates come from American National, with monthly prices averaging $95 compared to Cumberland Mutual's $183.

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. Cumberland Mutual drivers usually see a 27% increase in their car insurance premiums after a DUI charge, while American National will typically climb prices by around 36%.

If you have a DUI on your record and are looking for more affordable rates, American National tends to be the much more affordable option with average prices of $104 monthly compared to $233 from Cumberland Mutual.

How does Credit Score Impact American National and Cumberland Mutual Rates?

Often times, your credit score can be used as one of the factors to determine your monthly insurance premiums. Certain states and carriers do not allow for credit score to be used as a rating factor, but it does affect a lot of drivers out there.

The reasoning auto insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so usually, they'll be asked to pay more, while those with good credit will be rewarded with cheaper rates.

Looking at American National and Cumberland Mutual specifically, which one has the most affordable prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with American National. Policyholders with "excellent" credit can save over 65% compared to Cumberland Mutual, and those with "good" scores can also expect to see savings -- about $90 or 58% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

American National typically offers lower premiums than Cumberland Mutual when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around $95 per month less with American National compared to Cumberland Mutual, and those with "poor" scores typically save an average of about $141 per month.

Is American National or Cumberland Mutual 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 how much car insurance carriers will charge for coverage. Usually, those who drive fewer miles will end up with more affordable rates since there's less of a chance of getting into an accident and causing an insurance claim.

For both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure, American National tends to be the cheaper option. Cumberland Mutual's average prices for drivers with 6,000 annual miles come in more than 55% more expensive than American National. Those who drive 12,000 miles every year can expect to pay over 50% more with Cumberland Mutual over American National.

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

Where you live can play a substantial role in how much you pay for insurance. Generally, those who live in rural areas will pay less than drivers in urban areas because of the small number of vehicles that are on the roads in those areas.

American National tends to offer the cheapest rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the most affordable prices from both companies, but American National comes out on top with average premiums around $73 monthly. American National also has less expensive average rates for drivers in urban and suburban ZIP codes -- a 68% and 36% a month respective difference when compared to Cumberland Mutual policyholders in similar areas.

American National vs. Cumberland Mutual Discounts

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

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

In the table below, we've compared all of the different discounts offered by American National and Cumberland Mutual so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Overall, Cumberland Mutual comes out ahead with 15 discounts to American National's 14.

Both carriers offer a lot of the same discounts -- like distant student discounts, discounts for getting driver training, and new business discounts -- but Cumberland Mutual also offers ABS discounts, employee discounts, good driving discounts, and more that American National does not.

On the flip side, American National has a couple unique discounts of its own -- claim free discounts, COVID-19 relief discount, excess vehicle discounts, and more.

Final Thoughts: Is American National or Cumberland Mutual Best for You?

So, you've seen how different variables can affect your car insurance prices. We've broken down the different discounts each company offers, too. But, when it comes down to it, is American National or Cumberland Mutual the right carrier for you and your specific profile and needs?

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

• You have below-average credit.
• Your neighborhood is in a city.
• You live in a rural neighborhood.

Cumberland Mutual might be best for you if...

• You're looking for discounts -- Cumberland Mutual has the most.

We hope this guide has ben a valuable resource as you compare American National and Cumberland Mutual and that it aids in making a more informed decision about your 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 auto insurance -- comparing quotes from multiple companies, not just American National and Cumberland Mutual. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top car insurance carriers in your area, all in just a few minutes.

American National vs. Cumberland Mutual FAQs

Is American National or Cumberland Mutual cheaper?

Looking just at the national average premiums, American National is the more affordable of the two companies, offering average rates of $87 per month compared to $193 for Cumberland Mutual. Even so, American National won't necessarily be the lowest carrier for everyone, since there are many different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, American National or Cumberland Mutual?

Unfortunately, the real answer is "it depends.". No one company is necessarily "better" for each driver -- it all comes down to what your unique insurance profile looks like.

Why do American National and Cumberland Mutual offer me different rates?

Auto insurance carriers take a look at lots of different variables when calculating the prices they charge drivers. Things such as where your home is, gender, age, where you call home, and sometimes even things like your credit score can all be used. Both American National and Cumberland Mutual calculate premiums differently, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from several different companies.

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

The only way to find the car insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best rate. And who knows, the best carrier for you might not be American National or Cumberland 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.