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

Quick Facts

• Based on national averages for auto insurance, Auto-owners offers less expensive premiums than Trexis
• Auto-owners has cheaper prices for residents of suburban areas
• Trexis tends to be a much more affordable option for drivers with a DUI

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

So, you're thinking about switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering huge savings. But exactly how much can you save by switching?

You might be considering Auto-owners or Trexis, but which one will save you the most?

Looking at the national average rates for both carriers, Trexis is around $41 more a month than Auto-owners.

However, that doesn't mean Auto-owners will necessarily be less expensive than Trexis for every single driver. After all, insurance companies can offer drastically different rates to every driver depending on rating factors like where you call home, your age, your credit score, or even your driving record (among other things), so premiums could differ drastically from person to person.

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

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

Auto-owners and Trexis only compete against each other in two states, with Auto-owners offering more affordable prices to the average driver in all of them. If you live in Alabama, Auto-owners is the cheaper of the two carriers when looking at the overall average rates. Trexis is the less expensive option in Arkansas.

That being said, there's a lot more that goes into your car insurance bill than just your home state. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for auto insurance than any group out there on the road. The reason is that teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean that teen drivers have to just accept sky-high insurance premiums. Just look at the table above -- where 18-year-old drivers who have Auto-owners for their auto insurance pay over 20% less than those who use Trexis. It's worth noting that Auto-owners offers car insurance in 23 different states compared to Trexis's two, which can skew the average prices a bit, but the difference here is still considerable.

That being said, with both companies, you'll see your rates reduce significantly by the time you turn 25. For example, average premiums for Auto-owners policyholders decrease almost 60% and Trexis's rates drop nearly 65% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable 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 Trexis specifically, which carrier is best for retired drivers? Auto-owners gets the edge, with rates for drivers 65 and older more than 20% cheaper than the national average for Trexis.

Which is the Best Company for Married Drivers?

Did you know that car insurance premiums are typically more expensive for those who are single than they are for married drivers? This usually boils down to married couples having multiple vehicles on their policy -- something several auto insurance carriers will reward with discounts.

For single policyholders, the difference in average prices between these two companies is significant, with Auto-owners premiums coming in at a quarter less than Trexis's. The advantage for married policyholders with Auto-owners is also obvious, where drivers save over 15% per month.

Auto-owners or Trexis: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to insurance men will normally end up paying a little more.

With Auto-owners, men typically pay about 6% more a month than women., and around 9% more with Trexis.

When it comes to the cheapest prices for each gender, Auto-owners offers the lowest average rates for both men and women, with average premiums 20% less for men and 17% cheaper for women.

Auto-owners vs. Trexis: 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 so many different limits and terms that it can make it pretty confusing to find the right policy for you.

Even so, most policies end up falling into two different types of coverage -- liability coverage (which provides bodily injury and property damage coverage for other drivers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with a liability policy).

Looking specifically at state minimum liability insurance, Auto-owners has the slight edge, with average monthly prices 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 about $260 per month to Trexis's $333.

Is Auto-owners or Trexis 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.

Speeding tickets and at-fault accidents will most likely raise your rates, but is Auto-owners or Trexis more affordable 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. Trexis policyholders can expect a less drastic increase of about 19%.

But Auto-owners has less expensive premiums for drivers in both categories -- their rates are around 34% cheaper for drivers with clean records and 27% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Auto-owners drivers who get in an accident can expect to see their prices increase by just under 30%, while those who have insurance through Trexis will see around a 25% increase.

At the end of the day, the cheaper rates come from Auto-owners, with average prices coming in at $168 compared to Trexis Insurance's $247.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your auto insurance bill. For example, Auto-owners increases average rates by nearly $150 a month -- that's nearly a 55% increase.

Trexis has the overall most affordable premiums for drivers with a DUI on their records at $226 a month, but it's worth noting that Auto-owners's average rates come from 23 states compared to just two for Trexis, so the data may be skewed slightly.

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

Often times, your credit score can come into play when carriers determine your monthly bill. Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it does affect quite a few policyholders out there.

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, drivers with good credit will often be rewarded with more affordable prices.

So, which company offers the best rates 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 51.28 less expensive. Drivers with "good" credit scores typically save about 40% with Auto-owners compared to average premiums from Trexis.

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 prices. Drivers with "fair" credit pay around 20% less with Auto-owners than Trexis, but those whose credit is considered "poor" have it flipped -- saving about 21% per month with Trexis.

Is Auto-owners or Trexis 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 your monthly premiums. That's because the more milage you put on your vehicle each year, the more likely you are to be in a collision and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Trexis charges. However, there's a small difference in monthly rates for Auto-owners, with policyholders who drive the least paying around $1 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Auto-owners is the cheaper carrier.

Auto-owners or Trexis: 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 car insurance, but the type of area you live in can have a sizable impact as well. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

Auto-owners boasts the lowest average rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to pay about $164 monthly with Auto-owners compared to Trexis's $167. People in suburban areas pay a monthly price of around $169 with Auto-owners compared to $223 with Trexis. In urban areas, Auto-owners's average premiums are about $205 while Trexis offers prices around $270.

Auto-owners vs. Trexis 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.

The challenging part is finding all of the discounts you qualify for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Auto-owners and Trexis so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

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

A couple of those are overlapping for things like discounts for being a defensive driver, education discounts, discounts for being a good student, and life policy discounts. Auto-owners also offers discounts for ABS, anti-theft, company car, and more.

On the other hand, Trexis has a few proprietary discounts of their own for things like agency transfer discounts, EFT discounts, non-owner discounts, and more.

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

You've seen the role certain factors have on your auto insurance and the different discounts companies offer. But, when it comes down to it, is Auto-owners or Trexis the right carrier for you and your specific driver profile?

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

• Your driving record contains an at-fault accident.
• You want the most robust protection via a "full coverage" policy.
• You have a short drive to work everyday.

Trexis might be best for you if...

• You like the personalized touch of a small, local company.
• Your driving record includes a DUI charge.

Hopefully, this guide helps you get a good idea of the differences between Auto-owners and Trexis and that it aids in making a more informed decision about your 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 car insurance -- comparing quotes from several carriers, not just Auto-owners and Trexis. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance companies in your area, all in just a few minutes.

Auto-owners vs. Trexis FAQs

Is Auto-owners or Trexis cheaper?

Auto-owners is the more affordable of the two carriers when looking at national average rates, with policies averaging $179 a month with Auto-owners and $220 for Trexis. That being said, that doesn't mean Auto-owners will be the cheapest carrier for every policyholder, since there are several different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Auto-owners or Trexis?

Unfortunately, the answer truly is "it depends.". No one company is necessarily "better" for everyone -- it all boils down to your unique insurance profile. For example, Trexis is less expensive for drivers who have less-than-stellar credit scores, while Auto-owners offers more affordable premiums for policyholders with an at-fault collision on their record.

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

Car insurance companies use many different factors when determining the rates they charge. Things such as gender, where you call home, age, your driving record, and sometimes even things like your credit score can all come into play. Both Auto-owners and Trexis calculate premiums using different formulas, 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 a variety of different carriers.

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

The only way to find the auto 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 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 carriers 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 Auto-owners or Trexis 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.