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

Quick Facts

• Looking at the national averages for auto insurance, Oregon Mutual offers significantly less expensive premiums than Auto-owners
• Auto-owners may help you save more money -- they offer more discounts than Oregon Mutual
• Oregon Mutual offers more affordable average rates for policyholders whose driving record contains an at-fault collision

Auto-owners or Oregon 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 hefty savings. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Auto-owners or Oregon Mutual for your next policy, but which carrier will offer you cheaper prices?

Looking at the national average rates for both carriers, Auto-owners is around $44 more a month than Oregon Mutual.

But that doesn't mean Oregon Mutual will necessarily be more affordable than Auto-owners for every single driver. After all, insurance companies can offer drastically different rates to every driver depending on rating factors like your age, where you call home, your driving record, or even your credit score (among other things). So, at the end of the day, premiums from each carrier will differ quite a bit from person to person.

Wanting to know if Auto-owners or Oregon Mutual 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.

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

Auto-owners and Oregon Mutual only compete against each other in one states, with Oregon Mutual offering less expensive premiums to the average driver in all of them. Idaho has the most noticable difference, where Oregon Mutual prices are $1 cheaper than auto insurance rates at Auto-owners.

That being said, there are plenty of other factors that go into your car insurance payment than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

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

That being said, that doesn't mean that teen drivers have to just accept sky-high insurance prices. As you can see above, teens who use Oregon Mutual save over 15% per month compared to those who use Auto-owners. It's worth noting that Auto-owners offers car insurance in 23 different states compared to Oregon Mutual's three, which can skew the average rates a bit, but the difference here is still considerable.

Even so, with both carriers, you'll see your premiums lower significantly by the time you turn 25. Oregon Mutual offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Auto-owners's average rates decrease almost 60% during that same period.

Which is the Best Company for Retired Drivers?

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

When looking at Auto-owners and Oregon Mutual specifically, which carrier is best for retired drivers? Oregon Mutual gets the edge, with prices for drivers 65 and older nearly 25% more affordable than the national average for Auto-owners.

Which is the Best Company for Married Drivers?

Married policyholders tend to get slightly less expensive car insurance premiums than those who are single. That's because policies for married couples usually cover multiple vehicles, which lots of companies will give you a discount for.

For single policyholders, the difference in average rates between these two carriers is significant, with Oregon Mutual premiums coming in at a quarter less than Auto-owners's. The advantage is also clear for married drivers - Oregon Mutual offers the cheapest average prices.

Auto-owners or Oregon Mutual: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents, which means they'll generally end up paying more for auto insurance than women.

Usually, women see rates about $10 a month cheaper with Auto-owners, and more than $10 with Oregon Mutual.

Looking at overall affordability, Oregon Mutual offers the most affordable average premiums for both men and women. On average, women save about $45 per month and men save around $44 with Oregon Mutual compared to the average Auto-owners policyholder.

Auto-owners vs. Oregon 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 can be a complicated subject for most people. Everyone needs insurance, but there are so many different limits and terms that it can be hard to find the right policy for you.

However, most 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 a collision) and full coverage (which normally refers to having collision and comprehensive coverages alongside what you get with a liability policy).

Looking specifically at state minimum liability insurance, Oregon Mutual has the slight edge, with average monthly prices coming in at $97. If you want a full coverage policy with the same state minimum limits, Oregon Mutual again has the edge, with policies averaging about $172 a month to Auto-owners's $260.

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

You've probably seen plenty of commercials from auto 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 at-fault collisions and speeding tickets lead to higher premiums, but which company -- Auto-owners or Oregon Mutual -- has the lowest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Auto-owners for their car insurance can usually expect their monthly bill to go up around 27% after getting a speeding ticket. Oregon Mutual policyholders can expect a less drastic increase of about 9%.

That being said, Oregon Mutual tends to offer the best prices for both drivers who have clean records and those with a recent ticket. With Oregon Mutual, drivers with a clean record can save around $10 per month and drivers with a speeding ticket can save about $43 a month.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Auto-owners can expect to see around an $47 -- or about 28% -- rise in their auto insurance prices. Drivers who use Oregon Mutual for their insurance will see a monthly bill around $22 (or 17%) more expensive after reporting an accident to their car insurance carrier.

At the end of the day, Oregon Mutual offers the cheapest premiums for drivers with an at-fault accident on their records, with average rates coming in at $133 compared to Auto-Owners Insurance's $168.

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 ticket or even a collision. For example, Auto-owners increases average prices by nearly $150 per month -- that's nearly a 55% increase.

Oregon Mutual has the overall most affordable premiums for drivers with a DUI on their records at $171 a month, but it's worth noting that Auto-owners's average rates come from 23 states compared to just three for Oregon Mutual, so the data may be skewed slightly.

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

You may not realized it, but your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (Hawaii, for example, has banned the use of credit score as an insurance factor) but it does affect many drivers out there.

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

Looking specifically at Auto-owners and Oregon Mutual, which one has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Auto-owners will normally reward you the most for an "excellent" credit score. For policyholders with "excellent" credit scores, Auto-owners comes in just under 18% cheaper. Drivers with "good" credit scores typically save about 6% with Oregon Mutual compared to average prices from Auto-owners.

Which Company is Best for Drivers with Bad Credit?

Oregon Mutual typically offers lower premiums than Auto-owners when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around 26% a month less with Oregon Mutual compared to Auto-owners, and those with "poor" scores usually save an average of about 46% monthly.

Is Auto-owners or Oregon Mutual Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a sizable impact on how much auto 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, Oregon Mutual offers less expensive rates than Auto-owners. Oregon Mutual's average prices for drivers with 6,000 annual miles come in around $47 more affordable than Auto-owners. Those who drive 12,000 miles every year can expect to pay about $43 less with Oregon Mutual over Auto-owners.

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

Where you live can play a considerable role in how much you pay for car insurance. Generally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders due to the number of vehicles that are on the roads where they live.

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

Those in rural areas can expect to save around 30% with Oregon Mutual compared to Auto-owners. People who live in suburban areas pay about 18% less with Oregon Mutual compared to Auto-owners. For drivers in urban ZIP codes, Oregon Mutual's average prices are around 26% less than Auto-Owners Insurance.

Auto-owners vs. Oregon Mutual Discounts

No matter why you might be in the market for a new insurance policy, you're always going to want to save as much money as you can. That's where auto insurance discounts comes into play.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Auto-owners and Oregon 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.

Auto-owners knocks Oregon Mutual out of the park when it comes to the sheer number of discounts available, offering 24 different discounts to Oregon Mutual's 15.

Both companies offer lots of the same discounts -- like anti-theft discounts, distant student discounts, discounts for getting driver training, and low mileage discounts -- but Auto-owners also offers discounts for ABS, company car, COVID-19 relief, and more.

On the other hand, Oregon Mutual has a few proprietary discounts of their own for things like csl discounts, employee discounts, legacy discounts, and more.

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

So, we've broken down the average rates for many of the variables car insurance carriers look at, and walked through the different discounts each carrier offers, too. But, when it comes down to it, is Auto-owners or Oregon Mutual the right company for you and your specific needs?

Oregon Mutual might be best for you if....

• Your driving record includes a DUI charge.
• You're looking for the best prices on liability only coverage.
• You drive fewer than 6,000 miles yearly.

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

• You're planning on moving to another state soon -- Oregon Mutual is only available in three states.
• You want to save extra money with discounts.

Hopefully, this guide helps you get a good idea of the differences between Auto-owners and Oregon Mutual. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of companies, not just Auto-owners and Oregon Mutual. 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 car insurance carriers in your area, all for free.

Auto-owners vs. Oregon Mutual FAQs

Is Auto-owners or Oregon Mutual cheaper?

Oregon Mutual is the cheaper of the two companies when looking at national average rates, with policies averaging $135 per month with Oregon Mutual and $179 for Auto-owners. Even so, that doesn't mean Oregon Mutual will be the lowest company for each driver, since there are a bunch of different factors that come into play when it comes to your insurance bill.

Who is better, Auto-owners or Oregon Mutual?

Unfortunately, the answer truly is "it depends.". Neither carrier is necessarily "better" for every policyholder -- it all comes down to what your unique car insurance profile looks like. For example, Auto-owners is less expensive for drivers with excellent credit, while Oregon Mutual offers more affordable premiums for drivers with a recent DUI.

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

Auto insurance carriers use a lot of different variables when determining the rates they charge. Factors such as your driving record, where you call home, gender, age, and sometimes even things like your credit score can all be used. Both Auto-owners and Oregon Mutual calculate prices using different variables, so it's likely they'll offer different premiums. The best way to determine which company is the most affordable for you is by comparing personalized quotes from many different companies.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance companies for free. That way, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't Auto-owners or Oregon 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.