American National vs. Idaho Farm Bureau: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, American National offers significantly less expensive rates than Idaho Farm Bureau
• American National offers cheaper average premiums for drivers with a DUI
• American National tends to be a much more affordable option for drivers who have below-average credit

American National or Idaho Farm Bureau: Which Company has the Cheapest Car Insurance?

Are you considering 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've maybe even narrowed your search down to American National or Idaho Farm Bureau for your next policy, but between the two, which one has less expensive rates for insurance?

Looking at the national average rates for both carriers, Idaho Farm Bureau is quite a bit more expensive than American National, with premiums averaging $127 a month compared to just $87 with American National.

That being said, that doesn't mean American National will necessarily be more affordable than Idaho Farm Bureau for every single driver. After all, car insurance companies can offer drastically different rates to every 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 could change drastically from person to person.

Luckily, we've broken down average premiums from both American National and Idaho Farm Bureau by many different rate factors, so read on to find out which carrier is the best for you.

American National vs. Idaho Farm Bureau: Average Car Insurance Rates by State

American National and Idaho Farm Bureau only compete against each other in Idaho, where American National offers the cheaper average prices. American National drivers tend to pay about $70 per month less on average compared to drivers who use Idaho Farm Bureau for their auto insurance.

There are plenty of other factors that go into your insurance payment than just your home state. Read on to find out more.

Which is the Best Company For Young Drivers?

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

However, that doesn't mean that teen drivers have to just accept sky-high car insurance rates. For example, 18-year-old drivers pay an average of over 20% less a month by choosing American National over Idaho Farm Bureau.

But with both carriers, you'll see your premiums drop significantly by the time drivers turn 25. For example, average prices for American National policyholders reduce more than 60% and Idaho Farm Bureau's rates decrease over 50% over that time.

Which is the Best Company for Retired Drivers?

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

When looking at American National and Idaho Farm Bureau specifically, which company is best for retired drivers? American National gets the edge, with rates for drivers 65 and older $28 cheaper than the national average for Idaho Farm Bureau.

Which is the Best Company for Married Drivers?

Did you know that car insurance prices are normally more expensive for those who are single than they are for married couples? This usually boils down to married policyholders having more than one vehicle on their policy -- something a lot of insurance companies will reward with discounts.

For single policyholders, the difference in average rates between these two carriers is significant, with American National premiums coming in at a quarter less than Idaho Farm Bureau's. The advantage for married drivers with American National is also obvious, where drivers save around $40 per month.

American National or Idaho Farm Bureau: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision, which means they'll usually end up paying more for car insurance than women.

On average, women see prices about $1 a month more affordable with American National, but with Idaho Farm Bureau, the difference is closer to $9 per month.

Looking at the data for each carrier specifically, American National comes out as the lowest option for both genders. On average, women save about $36 a month and men save around $44 with American National compared to the average Idaho Farm Bureau policyholder.

American National vs. Idaho 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, auto insurance can be pretty complicated. There are so many different coverages and terms that it can make it pretty confusing to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause an accident) and full coverage (which normally refers to having collision and comprehensive coverages in addition to liability coverage).

Looking specifically at state minimum limits for liability insurance, American National has the edge, with average monthly premiums coming in at $52. If you want a full coverage policy with the same state minimum limits, American National again has the edge, with policies averaging about $123 per month to Idaho Farm Bureau's $188.

Is American National or Idaho Farm Bureau Better for Drivers with Spotty Records?

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

It's no secret secret that collisions and speeding tickets lead to higher premiums, but which company -- American National or Idaho Farm Bureau -- has the cheapest prices for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Idaho Farm Bureau auto insurance policies don't report seeing their rates increase after getting a ticket, but American National policyholders can expect to see their monthly bill increase by around 20%.

Even so, American National has less expensive premiums for drivers in both categories. Drivers with a clean record can save about 26% a month with American National Insurance Company, and the same can be said for those with a speeding ticket, too.

Which Company is Best for Drivers After an Accident?

American National drivers who get in a collision can expect to see their prices climb by just under 30%, while those who have insurance through Idaho Farm Bureau will see around a 25% increase.

At the end of the day, American National offers the lowest rates for drivers with an at-fault collision on their records, with average prices coming in at $95 compared to Idaho Farm Bureau Insurance's $120.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or ticket when it comes to your insurance bill. For example, Idaho Farm Bureau increases average rates by more than $100 per month -- that's more than a 55% increase.

But if you end up with a DUI charge and are looking for more affordable premiums, American National tends to be cheaper for the average driver, with monthly premiums coming in at about $104 to Idaho Farm Bureau's $206.

How does Credit Score Impact American National and Idaho 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 (Hawaii, 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 premiums.

So, which carrier offers the most affordable rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, American National will typically reward you the most. For drivers with "excellent" credit scores, American National comes in over 46.32 less expensive. Drivers with "good" credit scores generally save around 42% with American National compared to average premiums from Idaho Farm Bureau.

Which Company is Best for Drivers with Bad Credit?

American National typically offers lower prices than Idaho Farm Bureau when it comes to drivers with bad credit. Drivers with "fair" credit pay about 35% a month less with American National compared to Idaho Farm Bureau, and those with "poor" scores usually save an average of around 13% a month.

Is American National or Idaho Farm Bureau 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. That's because the fewer miles you put on your car each year, the less likely you are to be in an accident and file an insurance claim.

For both remote workers and those taking short commutes, American National tends to be the cheaper option. Idaho Farm Bureau average rates for drivers with 6,000 annual miles come in about $36 more expensive than American National. Those who drive 12,000 miles yearly can expect to pay around $43 more with Idaho Farm Bureau over American National.

American National or Idaho 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 auto insurance, but the type of area you live in can have a big impact as well. Typically, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers due to the number of vehicles that are on the roads where they live.

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

For policyholders in urban ZIP codes, American National Insurance Company's average premiums are about 12% less than Idaho Farm Bureau Insurance. People who live in suburban areas pay around 32% less with American National compared to Idaho Farm Bureau. Those in rural areas can expect to save about 47% with American National compared to Idaho Farm Bureau.

American National vs. Idaho Farm Bureau Discounts

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

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.

Luckily, we did the hard work for you and compared all of the different discounts offered by American National and Idaho Farm Bureau 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 National knocks Idaho Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 12 more discounts than Idaho Farm Bureau.

A couple of those are overlapping for things like discounts for being a defensive driver and discounts for being a good student. American National also offers discounts for anti-theft, claim free, COVID-19 relief, and more.

Idaho Farm Bureau's discounts come through just two categories -- Defensive Driver and Good Student.

Final Thoughts: Is American National or Idaho Farm Bureau Best for You?

You've seen the role certain variables have on your car insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is American National or Idaho Farm Bureau the right carrier for you and your specific profile and needs?

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

• You have a speeding ticket on your driving record.
• You're looking for the best rates on liability only coverage.
• You drive fewer than 6,000 miles annually.

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

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide has ben a valuable resource as you compare American National and Idaho Farm Bureau. We also hope we've given you the information you need to make the best decision when it comes to your auto 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 several carriers, not just American National and Idaho Farm Bureau. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

American National vs. Idaho Farm Bureau FAQs

Is American National or Idaho Farm Bureau cheaper?

American National is the less expensive of the two carriers when looking at national average premiums, with policies averaging $87 per month with American National and $127 for Idaho Farm Bureau. However, that doesn't mean American National will be the cheapest carrier for each policyholder, since there are multiple different factors that are considered when it comes to your insurance cost.

Who is better, American National or Idaho Farm Bureau?

Unfortunately, the answer truly is "it depends.". No one company is necessarily "better" for every policyholder -- it all depends on what your unique car insurance profile looks like.

Why do American National and Idaho Farm Bureau offer me different rates?

Auto insurance companies use several different variables when calculating the prices they charge. Things such as gender, age, your driving record, where you call home, and sometimes even things like your credit score can all be taken into consideration. Both American National and Idaho Farm Bureau calculate premiums using different factors, so it's likely they'll offer different prices. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from lots of different carriers.

How do I know if American National or Idaho Farm Bureau is right for me?

The only way to find the 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 does all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the most affordable price. And maybe you'll find that the best carrier for you isn't American National or Idaho 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.