Buckeye vs. Frankenmuth: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Buckeye offers significantly less expensive prices than Frankenmuth
• Buckeye offers more affordable rates for single people who will be the only person on the car insurance policy
• Frankenmuth may help you save more money -- they offer more discounts than Buckeye Insurance Group

Buckeye or Frankenmuth: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. With so many ads from all sorts of companies offering large savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Buckeye or Frankenmuth for your next policy, but which one has more affordable premiums for auto insurance?

Looking at nationwide averages, Frankenmuth has average rates that are around 60% a month more expensive than those from Buckeye.

Even so, that doesn't mean Buckeye will necessarily be cheaper than Frankenmuth for every driver. After all, car insurance carriers can offer drastically different rates to every driver depending on rating factors like your age, your driving record, where you call home, or even your credit score (among other things), so rates could differ drastically from person to person.

Wanting to know if Buckeye or Frankenmuth is really the right carrier for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Buckeye vs. Frankenmuth: Average Car Insurance Rates by State

Buckeye and Frankenmuth only compete against each other in one states, with Buckeye offering more affordable premiums to the average driver in all of them. Ohio has the most noticable difference, where Buckeye prices are $1 less expensive than insurance rates at Frankenmuth.

There are plenty of other factors that go into your auto insurance bill than just where you live. 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 prices of any group on the road. It's 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 rates, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 60% less per month by choosing Buckeye over Frankenmuth.

But both companies will reduce premiums once you turn 25. Frankenmuth offers the steepest drop, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Buckeye still has the most affordable prices at $114 per month.

Which is the Best Company for Retired Drivers?

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

When looking at Buckeye and Frankenmuth specifically, which company is best for retired drivers? Buckeye gets the edge, with premiums for drivers 65 and older $110 cheaper than the national average for Frankenmuth.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more affordable for married couples than they are for single policyholders. This usually boils down to married drivers having several vehicles on their policy -- something quite a few car insurance carriers will reward with discounts.

For those who are single, the difference in average prices between these two companies is significant, with Buckeye premiums coming in at about 60% less than Frankenmuth's. The advantage is also clear for married policyholders - Buckeye offers the most affordable average rates.

Buckeye or Frankenmuth: 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 auto insurance men will usually end up paying a little more.

Men normally pay around $15 a month more than women with Buckeye, and about $6 with Frankenmuth.

When it comes to the cheapest prices for each gender, Buckeye comes out on top for both men and women, with average premiums $181 less for men and $190 cheaper for women.

Buckeye vs. Frankenmuth: 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.

For most people, insurance isn't the easiest topic to understand. There are a range of different coverages that account for multiple 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.

However, the 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 an accident) and full coverage (which generally refers to having collision and comprehensive coverages alongside liability).

Looking specifically at state minimum liability limits, Buckeye has the significant edge, with average monthly rates coming in at $73. If you want a full coverage policy with the same state minimum limits, Buckeye again has the edge, with policies averaging around $191 per month to Frankenmuth's $422.

Is Buckeye or Frankenmuth Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car 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 collisions will most likely raise your prices, but is Buckeye or Frankenmuth less expensive for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Buckeye for their auto insurance can typically expect their monthly bill to go up about 7% after getting a speeding ticket. Frankenmuth policyholders can expect a bit more drastic of an increase of around 30%.

That being said, Buckeye has cheaper premiums for drivers in both categories. With Buckeye Insurance Group, drivers with a clean record can save about $92 a month and drivers with a ticket can save around $160 per month.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault collision with Frankenmuth climbing by about 19%. Buckeye 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, the more affordable premiums come from Buckeye, with average rates coming in at $98 compared to Frankenmuth Insurance's $214.

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 car insurance bill -- generally a lot more than a collision or speeding ticket. Frankenmuth drivers usually see a 73% increase in their insurance premiums after a DUI charge, while Buckeye will usually climb prices by around 69%.

But if you end up with a DUI charge and are looking for more affordable rates, Buckeye tends to be cheaper for the average driver, with monthly premiums coming in at about $263 to Frankenmuth's $637.

How does Credit Score Impact Buckeye and Frankenmuth Rates?

Did you know many auto insurance companies take your credit score into account when determining premiums? This isn't true for everyone (for example, Massachusetts and Hawaii are two states that ban the practice entirely), but it might come into play for many drivers.

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

So, which carrier offers the lowest prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Buckeye will normally reward you the most. For drivers with "excellent" credit scores, Buckeye comes in nearly 57.84 less expensive. Drivers with "good" credit scores typically save around 62% with Buckeye compared to average rates from Frankenmuth.

Which Company is Best for Drivers with Bad Credit?

Buckeye typically offers lower premiums than Frankenmuth when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about 57% a month less with Buckeye compared to Frankenmuth, and those with "poor" scores normally save an average of around 58% monthly.

Is Buckeye or Frankenmuth 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 big impact on your monthly rates? Generally, the more milage you drive, the more you can expect to pay for insurance.

In this case, neither Buckeye or Frankenmuth report increasing prices for drivers with higher annual mileage figures. That being said, Buckeye comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car every year, with average premiums of $132 per month for both.

Buckeye or Frankenmuth: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can play a considerable role in how much you pay for auto insurance. 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.

Buckeye boasts the lowest average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

If you live in a rural area, you can expect to pay about $107 a month with Buckeye and $266 with Frankenmuth. Drivers in suburban ZIP codes pay around $159 with Buckeye compared to Frankenmuth's $288 per month. In urban areas, Buckeye's average rates are about $131 a month compared to Frankenmuth's $399.

Buckeye vs. Frankenmuth 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 what seems like a million different discounts out there, it may be challenging to find all the ones you qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Buckeye and Frankenmuth so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, Frankenmuth comes out ahead with 11 discounts to Buckeye's seven.

A couple of those are overlapping for things like discounts for being a defensive driver, distant student discounts, and multi-policy discounts. Frankenmuth also offers discounts for advance quote, family discount, group discount, and more.

On the other hand, Buckeye has a proprietary discount of their own -- a anti-theft discounts.

Final Thoughts: Is Buckeye or Frankenmuth Best for You?

You've seen the role certain factors have on your insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is Buckeye or Frankenmuth the best company for you and your specific profile and needs?

Buckeye might be best for you if....

• You will be the only person on the auto insurance policy.
• You want the most robust protection via a "full coverage" policy.
• You're of retirement age and want to take advantage of lower premiums.

Frankenmuth might be best for you if...

• You're looking for the carrier with the most discounts.

Hopefully, this guide helps you get a better idea of the difference between Buckeye and Frankenmuth and that you can now make a more informed decision when it comes to your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several carriers, not just Buckeye and Frankenmuth. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Buckeye vs. Frankenmuth FAQs

Is Buckeye or Frankenmuth cheaper?

Buckeye is the more affordable of the two carriers when looking at national average prices, with policies averaging $132 per month with Buckeye and $318 for Frankenmuth. However, that doesn't mean Buckeye will be the cheapest company for each policyholder, since there are many different variables that come into play when it comes to your car insurance cost.

Who is better, Buckeye or Frankenmuth?

Sadly, the answer truly is "it depends.". One carrier is not necessarily "better" for everyone -- it all comes down to what your unique auto insurance profile looks like.

Why do Buckeye and Frankenmuth offer me different rates?

Insurance companies use several different factors when calculating the rates they charge. Things like gender, where you live, your driving record, age, and sometimes even things like your credit score can all be used. Both Buckeye and Frankenmuth use different formulas, 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 a bunch of different carriers.

How do I know if Buckeye or Frankenmuth is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the best price. And maybe you'll find that the best company for you isn't Buckeye or Frankenmuth 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.