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

Quick Facts

• Looking at the national averages for auto insurance, Secura offers less expensive premiums than Auto-owners
• Auto-owners may help you save more money -- they offer more discounts than SECURA Insurance
• Secura tends to be a much more affordable option for drivers who have a speeding ticket on their driving record

Auto-owners or Secura: Which Company has the Cheapest Car Insurance?

Are you in the market for 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 Auto-owners or Secura as potential options, but which company will save you the most?

As you can see, Auto-owners has average rates that are around 18% a month more expensive than those from Secura when looking at the national average rates for insurance.

However, that doesn't mean Secura will necessarily be cheaper than Auto-owners for every driver. After all, car insurance carriers 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, prices from each company will differ quite a bit from person to person.

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

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

Auto-owners and Secura only compete against each other in three states, with Auto-owners offering more affordable rates to the average driver in all of them. If you live in Illinois, Auto-owners is the cheaper of the two companies when looking at the overall average premiums. Secura is the less expensive option in Michigan and Wisconsin.

That being said, there's a lot more that goes into your auto insurance payment than just your home state. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance rates of any group on the road. That's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance prices. As you can see above, teens who use Secura save over 20% per month compared to those who use Auto-owners. It's worth noting that Auto-owners offers auto insurance in 23 different states compared to Secura's three, which can skew the average rates a bit, but the difference here is still considerable.

That being said, both carriers will offer you dramatically lower prices once you turn 25. For example, average premiums for Auto-owners policyholders decrease about $250 and Secura's prices reduce almost $200 over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best prices for retired drivers between Auto-owners and Secura? Secura gets the edge here, with average rates coming in at around $111 monthly compared to Auto-owners's $133.

Which is the Best Company for Married Drivers?

Married drivers tend to get slightly cheaper insurance premiums than single drivers. This usually boils down to married policyholders having several vehicles on their policy -- something several auto insurance companies will reward with discounts.

For single policyholders, the difference in average rates between these two carriers is significant, with Secura prices coming in at a quarter less than Auto-owners's. The advantage for married couples with Secura is also obvious, where drivers save about $20 a month.

Auto-owners or Secura: Average Rates by Gender

Men are statistically more likely than women to get into collisions and file an insurance claim. That means when it comes to car insurance men will generally end up paying a little more.

With Auto-owners, men typically pay more than $10 per month more than women, and around $3 with Secura.

When it comes to the most affordable premiums for each gender, Secura comes out as the lowest option for both genders, with average rates 21% less for men and 17% cheaper for women.

Auto-owners vs. Secura: 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 a complicated subject for most people. There are so many different terms and limits 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 covers the other party's property damage and injuries if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Secura has the significant edge, with average monthly premiums coming in at $69. If you want a full coverage policy with the same state minimum limits, Secura again has the edge, with policies averaging about $222 a month to Auto-owners's $260.

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

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

Speeding tickets and at-fault accidents will most likely raise your premiums, but is Auto-owners or Secura less expensive for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Auto-owners for their insurance can usually expect their monthly bill to go up around 27% after getting a speeding ticket. Secura policyholders can expect a bit more drastic of an increase of about 29%.

But Secura has more affordable rates for drivers in both categories. With SECURA Insurance, drivers with a clean record can save around $34 per month and drivers with a ticket can save about $43 a month.

Which Company is Best for Drivers After an Accident?

Auto-owners drivers who get in an accident can expect to see their prices climb by just under 30%, while those who have insurance through Secura will see around a 35% increase.

At the end of the day, the less expensive rates come from Secura, with average prices coming in at $129 compared to Auto-Owners Insurance's $168.

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 auto insurance bill -- typically a lot more than a collision or speeding ticket. On average, Secura will increase your premiums about 64% after a DUI, while Auto-owners's average prices increase by nearly 55%.

Secura has the overall cheapest rates for drivers with a DUI on their records at $244 per month, but it's worth noting that Auto-owners's average rates come from 23 states compared to just three for Secura, so the data may be skewed slightly.

How does Credit Score Impact Auto-owners and Secura Rates?

Did you know many insurance carriers take your credit score into account when determining premiums? This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as an auto insurance factor) but it will come into play for quite a few policyholders.

Car 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 cheaper prices.

So, which company offers the lowest premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Auto-owners will generally reward you the most. For drivers with "excellent" credit scores, Auto-owners comes in more than 22.13 more affordable. Drivers with "good" credit scores normally save around 3% with Auto-owners compared to average rates from Secura.

Which Company is Best for Drivers with Bad Credit?

Secura typically offers lower premiums than Auto-owners when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 16% per month less with Secura compared to Auto-owners, and those with "poor" scores usually save an average of around 44% a month.

Is Auto-owners or Secura 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 substantial impact on your monthly rates? Typically, those who drive fewer miles will end up with less expensive prices since there's less of a chance of causing an accident and filing an insurance claim.

Secura tends to be the cheaper option for both remote workers and those taking short commutes. Auto-owners's average rates for drivers with 6,000 annual miles come in more than $35 more expensive than Secura. Those who drive 12,000 miles every year can expect to pay over $30 more with Auto-owners over Secura.

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

Where you live can have a pretty big impact on your monthly auto insurance bill. Normally, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers since there are a lot more cars on the road where they live, which increases the chances of an accident.

Secura tends to offer the lowest 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 about $25 with Secura compared to Auto-owners. People who live in suburban areas pay around $32 less with Secura compared to Auto-owners. For policyholders in urban ZIP codes, SECURA Insurance's average prices are about $44 less than Auto-Owners Insurance.

Auto-owners vs. Secura 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, and 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 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 looked at all of the different discounts Auto-owners and Secura 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.

Overall, Auto-owners has the advantage when it comes to total number of discounts. Secura offers a grand total of 19 discounts, while Auto-owners has 24.

A couple of those are overlapping for things like anti-theft discounts, distant student discounts, discounts for being a good driver, and discounts for insuring multiple cars with the same company. Auto-owners also offers discounts for ABS, company car, COVID-19 relief, and more.

On the other hand, Secura has a few proprietary discounts of their own for things like hybrid vehicle discounts, low income discounts, new vehicle discounts, and more.

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

So, we've broken down the average rates for many of the variables car insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but at the end of the day, which insurance company is the best one for you, your vehicle, and your wallet?

Secura might be best for you if....

• You will be the only person on the auto insurance policy.
• You live in an suburban area.
• You want to save money while purchasing car insurance for a teenager.

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

• You value the experience that comes with a large national insurance carrier.
• You already have a great credit score.
• You're looking for the company with the most discounts.

Hopefully, this guide has ben a valuable resource as you compare Auto-owners and Secura and that it aids in making a more informed decision about your car 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 a handful of companies, not just Auto-owners and Secura. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance carriers in your area, all in just a few minutes.

Auto-owners vs. Secura FAQs

Is Auto-owners or Secura cheaper?

Secura is the more affordable of the two companies when looking at national average premiums, with policies averaging $146 a month with Secura and $179 for Auto-owners. However, that doesn't mean Secura will be the cheapest carrier for everyone, since there are many different factors that come into play when it comes to your insurance cost.

Who is better, Auto-owners or Secura?

Unfortunately, the real answer is "it depends.". Neither company is "better" for everyone -- it all boils down to your unique car insurance profile. For example, Auto-owners is cheaper for drivers with excellent credit, while Secura offers less expensive prices for drivers with a recent DUI.

Why do Auto-owners and Secura offer me different rates?

Auto insurance carriers use a lot of different variables when calculating the rates they charge. Factors such as your driving record, age, where you park your vehicle, gender, and sometimes even things like your credit score can all come into play. Both Auto-owners and Secura 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 lots of different companies.

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

The only way to find the 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 information once and you'll get quotes from dozens of your local top car insurance companies for free. That way, you can guarantee you're getting the cheapest premium. And maybe you'll find that the best carrier for you isn't Auto-owners or Secura 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.