Amica Mutual vs. GEICO: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, GEICO offers significantly less expensive rates than Amica Mutual
• GEICO tends to be a much cheaper option for drivers with a DUI
• GEICO has more affordable prices for policyholders who are looking to purchase insurance with a spouse

Amica Mutual or GEICO: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. You've probably seen commercials and billboards from companies offering hefty savings, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Amica Mutual or GEICO as your top options, but which carrier will save you the most?

Looking at nationwide averages, GEICO is quite a bit cheaper than Amica Mutual, with rates averaging $185 a month compared to $359 with Amica Mutual.

That being said, that doesn't necessarily mean GEICO will be the less expensive option for every driver. Insurance carriers vary their prices depending on things like how clean your driving record is, how good your credit score is, how old you are, where you live, and all sorts of other factors, so premiums could vary drastically from person to person.

So, if you want to find out which of Amica Mutual or GEICO is really the best for you, keep reading to see average rates for each company broken down by multiple different rate factors.

Amica Mutual vs. GEICO: Average Car Insurance Rates by State

Amica Mutual and GEICO compete against each other in four states, with GEICO offering cheaper prices to the average driver in all of them. New Jersey has the most noticable difference, where GEICO premiums are $260 more affordable than car insurance prices at Amica Mutual.

But there's more to insurance than just where you live. As we mentioned above, there's a lot of things that go into how auto insurance companies determine your rates. 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. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of almost 45% less per month by choosing GEICO over Amica Mutual.

Even so, both carriers will offer you dramatically lower premiums once you turn 25. GEICO offers the steepest drop, with 25-year-olds paying less than half what 18-year-old drivers are charged. Amica Mutual's average rates drop nearly 60% during that same period.

Which is the Best Company for Retired Drivers?

When it comes to auto insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest prices you'll ever see.

So, which carrier offers the best premiums to retired drivers? GEICO gets the edge, with prices for drivers 65 and older over 55% cheaper than the national average for Amica Mutual.

Which is the Best Company for Married Drivers?

Married drivers tend to get slightly less expensive insurance rates than single policyholders. This usually boils down to married couples having more than one vehicle on their policy -- something a lot of car insurance companies will reward with discounts.

For single drivers, the difference in average premiums between these two carriers is significant, with GEICO prices coming in at around half of Amica Mutual's. For married policyholders, the advantage is clear again - GEICO has the edge when it comes to average rates.

Amica Mutual or GEICO: Average Rates by Gender

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

With Amica Mutual, men generally pay about $6 a month more than women, and around $8 more with GEICO.

When it comes to the most affordable premiums for each gender, GEICO offers the lowest average rates for both men and women, with average prices $173 less for men and $175 cheaper for women.

Amica Mutual vs. GEICO: 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 a complicated subject for most people. There are lots of different coverages that account for a range 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 end up falling into two different types of coverage -- liability coverage (that covers property damage and bodily injury for other drivers and passengers if you cause an accident) and full coverage (which usually refers to having collision and comprehensive coverages in addition to what you get with a liability policy).

Looking specifically at state minimum liability limits, GEICO has the significant edge, with average monthly premiums coming in at $101. If you want a full coverage policy with the same state minimum limits, GEICO again has the edge, with policies averaging about $269 per month to Amica Mutual's $508.

Is Amica Mutual or GEICO Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their insurance. But that's not to say you can't save money if you don't have the best driving record, either.

Collisions and speeding tickets will most likely raise your rates, but is Amica Mutual or GEICO more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Amica Mutual for their auto insurance can generally expect their monthly bill to go up around 20% after getting a speeding ticket. GEICO policyholders can expect a bit more drastic of an increase of about 23%.

But GEICO is typically the cheaper option for drivers both with a ticket and with a clean record. With GEICO, drivers with a clean record can save around $100 a month and drivers with a speeding ticket can save about $118 per month.

Which Company is Best for Drivers After an Accident?

Both companies will raise premiums pretty significantly if you get into an at-fault collision with GEICO increasing by around 43%. Amica Mutual has a less extreme increase, but you can still expect to pay more than 15% more than you were prior to your first accident.

At the end of the day, drivers who use GEICO end up with the cheaper prices after an accident, with average prices coming in at $200 compared to Amica Mutual Insurance's $254.

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 insurance bill -- usually a lot more than a collision or ticket. Amica Mutual drivers usually see a 69% raise in their car insurance premiums after a DUI charge, while GEICO will normally increase rates by about 58%.

How does Credit Score Impact Amica Mutual and GEICO Rates?

Did you know many auto insurance carriers take into account your credit score when determining prices? Certain states and companies do not allow for credit score to be used as a car insurance factor, but it might come into play for many drivers.

Insurance carriers 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, policyholders with good credit will often be rewarded with more affordable rates.

So, which company offers the cheapest premiums for drivers 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 Amica Mutual or GEICO Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly car insurance cost. Generally, those who drive less will end up with less expensive prices since there's less of a chance of causing an accident and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Amica Mutual charges. However, there's a small difference in monthly premiums for GEICO, with policyholders who drive the least paying around $8 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, GEICO is the more affordable carrier.

Amica Mutual or GEICO: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a substantial impact on your monthly auto insurance bill. Usually, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

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

For policyholders in urban ZIP codes, GEICO's average rates are about $197 less than Amica Mutual Insurance. People who live in suburban areas pay around $163 less with GEICO compared to Amica Mutual. Those in rural areas can expect to save about $162 with GEICO compared to Amica Mutual.

Amica Mutual vs. GEICO 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 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 qualify 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 Amica Mutual and GEICO so that you can easily see which company offers the most discounts and, therefore, the largest savings.

GEICO knocks Amica Mutual out of the park when it comes to the sheer number of discounts available, offering 28 different discounts to Amica Mutual's 28.

There are a couple discounts both carriers offer, but GEICO also offers discounts for ABS, anti-theft, commercial drivers license, and more.

Amica Mutual's discounts come through just.

Final Thoughts: Is Amica Mutual or GEICO Best for You?

So, you've seen how different variables can affect your auto insurance prices. We've shown you all the discounts each carrier offers, too. That's all well and good, but at the end of the day, which company is the right one for you and your specific driver profile?

GEICO might be best for you if....

• You will be the only person on the car insurance policy.
• Your home is in a busy urban area.
• You want to save money while purchasing auto insurance for a teenager.

Amica Mutual 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 Amica Mutual and GEICO. 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 a handful of companies, not just Amica Mutual and GEICO. 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 carriers in your area, all in just a few minutes.

Amica Mutual vs. GEICO FAQs

Is Amica Mutual or GEICO cheaper?

GEICO is the cheaper of the two companies when looking at national average rates, with policies averaging $185 a month with GEICO and $359 for Amica Mutual. Even so, that doesn't mean GEICO will be the lowest carrier for everyone, since there are many different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Amica Mutual or GEICO?

Unfortunately, the answer truly is "it depends.". No single company is "better" for everyone -- it all comes down to what your unique insurance profile looks like.

Why do Amica Mutual and GEICO offer me different rates?

Car insurance carriers use quite a few different variables when calculating the prices they charge. Things such as where you call home, gender, where you live, age, and sometimes even things like your credit score can all be used. Both Amica Mutual and GEICO calculate premiums differently, so it's likely they'll offer different rates. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a variety of different companies.

How do I know if Amica Mutual or GEICO is right for me?

The only way to find the auto 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 makes it easy for you to do just that. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance companies for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Amica Mutual or GEICO 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.