Auto-owners vs. Cumberland Mutual: Which Company is the Best Fit for You?

Quick Facts

• In general, Auto-owners offers slightly less expensive rates than Cumberland Mutual
• Auto-owners tends to be a much more affordable option for policyholders who drive fewer than 12,000 miles every year
• Cumberland Mutual offers cheaper average premiums for residents of suburban areas

Auto-owners or Cumberland Mutual: 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 big savings. But exactly how much can you save by switching?

You've maybe even narrowed it down to Auto-owners or Cumberland Mutual, but between the two, which carrier will save you the most?

As you can see, Cumberland Mutual is around $14 more a month than Auto-owners when looking at the national average rates for auto insurance.

However, that doesn't necessarily mean Auto-owners will be the more affordable option for every driver. Insurance carriers use a variety of complex algorithms to determine rates, so depending on where you live or how good your credit score is (among quite a few other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of Auto-owners or Cumberland Mutual is really the best for you, keep reading to see average premiums for each company broken down by lots of different rate factors.

Auto-owners vs. Cumberland Mutual: Average Car Insurance Rates by State

Auto-owners and Cumberland Mutual only compete against each other in one states, with Cumberland Mutual offering cheaper prices to the average driver in all of them. Pennsylvania has the most noticable difference, where Cumberland Mutual rates are $73 less expensive than auto insurance premiums at Auto-owners.

There's a lot more that goes into your car insurance cost than just the state you live in. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group out there on the road. That's typically because teen 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 premiums, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 15% less per month by choosing Auto-owners over Cumberland Mutual. It's worth noting that Auto-owners offers auto insurance in 23 different states compared to Cumberland Mutual's two, which can skew the average prices a bit, but the difference here is still considerable.

Even so, both companies will offer you dramatically lower premiums by the time you turn 25. For example, average rates for Auto-owners policyholders lower about $250 and Cumberland Mutual's prices drop around $250 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the lowest insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which normally decreases their chances of collisions and other infractions that can raise prices.

When looking at Auto-owners and Cumberland Mutual specifically, which carrier is best for retired drivers? Cumberland Mutual gets the slight edge, with rates for drivers 65 and older $12 more affordable than the national average for Auto-owners.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive car insurance premiums than married policyholders. This usually boils down to married couples having several vehicles on their policy -- something lots of auto insurance carriers will reward with discounts.

If you're in the market for insurance, Auto-owners tends to have the most affordable average prices regardless of relationship status, with prices about 7% less expensive for those who are single and around 6% cheaper for married drivers.

Auto-owners or Cumberland Mutual: Average Rates by Gender

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

On average, men see prices about 6% a month higher with Auto-owners, and around 5% with Cumberland Mutual.

When it comes to the cheapest premiums for each gender, Auto-owners offers the lowest average rates for both men and women. On average, women save about $14 per month and men save about $12 with Auto-owners compared to the average Cumberland Mutual policyholder.

Auto-owners vs. 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.

It's no secret that insurance can be pretty complicated. There are so many different limits and coverages that it can make it pretty confusing to find the right policy for you.

But the most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with liability coverage).

Looking specifically at state minimum limits for liability insurance, Auto-owners has the slight edge, with average monthly premiums coming in at $99. If you want a full coverage policy with the same state minimum limits, Auto-owners again has the edge, with policies averaging around $260 a month to Cumberland Mutual's $280.

Is Auto-owners or Cumberland Mutual Better for Drivers with Spotty Records?

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

At-fault accidents and speeding tickets will most likely raise your rates, but is Auto-owners or Cumberland Mutual more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Auto-owners for their car insurance can normally expect their monthly bill to go up about 27% after getting a speeding ticket. Cumberland Mutual policyholders can expect a less drastic increase of around 10%.

That being said, Auto-owners tends to offer the best prices for both drivers who have a recent ticket and those with clean records, offering prices that are 28% and 12% cheaper, respectively, compared to Cumberland Mutual.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Auto-owners can expect to see about an $47 -- or around 28% -- rise in their car insurance premiums. Drivers who use Cumberland Mutual for their insurance will see a monthly bill about $14 (or 8%) more expensive after reporting a collision to their auto insurance company.

At the end of the day, the less expensive prices come from Auto-owners, with average rates coming in at $168 compared to Cumberland Mutual's $183.

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 an accident or speeding ticket. For example, Auto-owners increases average premiums by nearly $150 per month -- that's nearly a 55% increase.

Cumberland Mutual has the overall most affordable rates for drivers with a DUI on their records at $233 a month, but it's worth noting that Auto-owners's average rates come from 23 states compared to just two for Cumberland Mutual, so the data may be skewed slightly.

How does Credit Score Impact Auto-owners and Cumberland Mutual Rates?

You may not have known, but your credit score can come into play when companies calculate your monthly bill. This isn't true for everyone (for example, Massachusetts and Michigan are two states that ban the practice entirely), but it might come into play for several drivers.

Car insurance carriers argue that those with poor credit scores are less likely to pay their bills on time each month, which raises the risk involved on their end, while the opposite is true for those with good credit.

Looking specifically at Cumberland Mutual and Auto-owners, which company has the cheapest prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Auto-owners will typically reward you the most. For drivers with "excellent" credit scores, Auto-owners comes in more than 35.37 cheaper. Drivers with "good" credit scores generally save around 17% with Auto-owners compared to average rates from Cumberland Mutual.

Which Company is Best for Drivers with Bad Credit?

If you have a below average credit score, it can be somewhat of a toss-up as far as which company offers you the best premiums. Drivers with "fair" credit pay about 3% less with Auto-owners than Cumberland Mutual, but those whose credit is considered "poor" have it flipped -- saving around 9% a month with Cumberland Mutual.

Is Auto-owners 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 auto insurance companies will charge for coverage. Normally, the more milage you put on your vehicle each year, the more you can expect to pay for car insurance.

For both remote workers and those taking short commutes, Auto-owners tends to be the more affordable option. Auto-owners's average prices for drivers with 6,000 annual miles come in about $13 less expensive than Cumberland Mutual. Those who drive 12,000 miles yearly can expect to pay around $13 less with Auto-owners over Cumberland Mutual.

Auto-owners or Cumberland Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a substantial impact on your monthly insurance bill. Typically, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

Looking at these carriers side-by-side, Cumberland Mutual generally comes out as the cheaper option for drivers in rural and suburban areas, while Auto-owners wins in urban areas.

Those in rural areas can expect to pay about $116 per month with Cumberland Mutual and $164 with Auto-owners. Drivers in suburban ZIP codes pay around $132 with Cumberland Mutual compared to Auto-owners's $169 monthly. For drivers in urban ZIP codes, Auto-owners's average prices are about $205 while Cumberland Mutual offers premiums around $330.

Auto-owners vs. Cumberland Mutual Discounts

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

But with what seems like a million different discounts out there, it can be difficult to find all the ones you can take advantage of 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 looked at all of the different discounts Auto-owners and Cumberland Mutual 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.

Auto-owners blows Cumberland Mutual away when it comes to the sheer amount of discounts available, offering nine more discounts than Cumberland Mutual.

Both companies offer a lot of the same discounts -- like anti-theft discounts, distant student discounts, discounts for getting driver training, and multi-policy discounts -- but Auto-owners also offers discounts for advance quote, company car, COVID-19 relief, and more.

On the other hand, Cumberland Mutual has a few proprietary discounts of their own for things like employee discounts, new business discounts, new vehicle discounts, and more.

Final Thoughts: Is Auto-owners or Cumberland Mutual Best for You?

So, we've broken down the average prices for many of the factors insurance carriers look at, and walked through the different discounts each carrier offers, too. But, when it comes down to it, which company is the right carrier for you and your specific needs?

Auto-owners might be best for you if....

• You value the experience that comes with a large national car insurance carrier.
• You're looking for the company with the most discounts.
• You have a short drive to work everyday.

Cumberland Mutual might be best for you if...

• Your driving record includes a DUI charge.
• Your neighborhood is in a rural area.
• You're of retirement age and want to take advantage of lower rates.

Hopefully, this guide helps you get a good idea of the differences between Auto-owners and Cumberland Mutual. 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 Auto-owners and Cumberland Mutual. 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 insurance carriers in your area, all in just a few minutes.

Auto-owners vs. Cumberland Mutual FAQs

Is Auto-owners or Cumberland Mutual cheaper?

Auto-owners is the less expensive of the two companies when looking at national average premiums, with policies averaging $179 per month with Auto-owners and $193 for Cumberland Mutual. But that doesn't mean Auto-owners will be the lowest carrier for everyone, since there are a variety of different variables that are considered when it comes to your car insurance payment.

Who is better, Auto-owners or Cumberland Mutual?

Unfortunately, the only answer we can give you is "it depends.". No single company is "better" for every policyholder -- it all depends on the makeup of your unique auto insurance profile. For example, Auto-owners is more affordable for drivers with excellent credit, while Cumberland Mutual offers less expensive rates for drivers with a recent DUI.

Why do Auto-owners and Cumberland Mutual offer me different rates?

Car insurance carriers use quite a few different factors when determining the prices they charge. Variables like your driving record, where your home is, gender, age, and sometimes even things like your credit score can all be taken into consideration. Both Auto-owners and Cumberland Mutual 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 a range of different companies.

How do I know if Auto-owners or Cumberland Mutual is right for me?

The only way to find the insurance company that's right for you is by getting quotes from a handful of carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code 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 lowest premium. And maybe you'll find that the best carrier for you isn't Auto-owners or Cumberland Mutual 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.