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

Quick Facts

• Based on national averages for auto insurance, Buckeye offers less expensive rates than Ohio Mutual
• Buckeye tends to be a much cheaper option for drivers with a DUI charge on their record
• Ohio Mutual offers more discounts than Buckeye Insurance Group

Buckeye vs. Ohio Mutual: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering sizable discounts. But exactly how much can you save by switching?

You might be considering Buckeye or Ohio Mutual as potential options, but which one will offer you more affordable premiums?

Looking at the national average rates for both companies, Buckeye is about $20 per month less expensive than Ohio Mutual.

However, that doesn't necessarily mean Buckeye will be the more affordable option for each driver. Car insurance carriers use a variety of complex algorithms to calculate rates, so depending on how old you are or where you live (among a wide array of other factors), you could see wildly different premiums from the ones above.

Luckily, we've broken down average prices from both Buckeye and Ohio Mutual by lots of different rate factors, so read on to find out which company is the best for you.

Buckeye or Ohio Mutual: Average Car Insurance Rates by State

Buckeye and Ohio Mutual only compete against each other in Ohio, where Buckeye offers the cheaper average premiums. For Ohio residents, Buckeye offers auto insurance for $128 monthly on average. Ohio Mutual's average prices come out to be over 15% more expensive, at $152 per month.

But there's more to insurance than just where you call home. As we mentioned above, there's a lot of things that go into how auto insurance companies determine your rates. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for insurance than any other group of drivers. It's because young, inexperienced 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 car insurance prices. For example, 18-year-old drivers pay an average of nearly $25 less a month by choosing Buckeye over Ohio Mutual.

But with both carriers, you'll see your premiums lower significantly by the time drivers turn 25. Ohio Mutual offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Buckeye still has the cheapest rates at $114 a month.

Which is the Best Company for Retired Drivers?

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

When looking at Buckeye and Ohio Mutual specifically, which carrier is best for retired drivers? Buckeye gets the slight edge, with rates for drivers 65 and older $9 cheaper than the national average for Ohio Mutual.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly less expensive car insurance premiums than those who are single. That's because policies for married policyholders normally cover more than one car, which a lot of companies will offer you a discount for.

When it comes to relationship status, Buckeye is the clear winner for single drivers, with rates around $22 per month more affordable than Ohio Mutual, on average. The advantage for married drivers with Buckeye is also obvious, where drivers save more than $15 a month.

Buckeye vs. Ohio Mutual: Average Rates by Gender

Men are statistically more likely than women to get into accidents and get speeding tickets. That means when it comes to auto insurance men will typically end up paying a little more.

On average, men see prices over 10% per month higher with Buckeye, and about 5% with Ohio Mutual.

Looking at the data for each company specifically, Buckeye comes out as the cheapest option for both genders, with average premiums $16 less for men and $23 cheaper for women.

Buckeye or Ohio 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 a complicated subject for most people. There are so many different coverages and limits that it can make it pretty confusing to find the right policy.

The two most common policies end up falling into two different types of coverage -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum limits for liability insurance, Buckeye normally offers slightly cheaper rates of $73 compared to Ohio Mutual's $74. When it comes to full coverage policies with similar limits, Buckeye again has the edge, with policies around $40 a month less expensive than Ohio Mutual, on average.

Is Buckeye or Ohio Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance carriers offering great prices 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 accidents and tickets lead to higher rates, but which carrier -- Buckeye or Ohio Mutual -- has the most affordable prices for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Buckeye policyholders can expect their premiums to go up an average of $6 per month if they get a ticket, while Ohio Mutual typically raises prices about $21 a month, on average.

Even so, Buckeye has cheaper rates for drivers in both categories. Drivers with a clean record can save around $3 per month and drivers with a speeding ticket can save about $18 a month with Buckeye Insurance Group.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Buckeye can expect to see around an $17 -- or about 17% -- increase in their car insurance premiums. Drivers who use Ohio Mutual for their insurance will see a monthly bill around $41 (or 33%) more expensive after reporting a collision to their auto insurance company.

Overall, Buckeye offers the lowest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $98 compared to Ohio Mutual Insurance Company's $125.

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 car insurance bill. On average, Ohio Mutual will climb your rates about 71% after a DUI, while Buckeye's average prices increase by just under 70%.

If you have a DUI on your record and are looking for more affordable premiums, Buckeye tends to be the much more affordable option with average rates of $263 per month compared to $293 from Ohio Mutual.

How does Credit Score Impact Buckeye and Ohio Mutual Rates?

You may not realized it, but your credit score can be used as one of the variables to calculate your monthly insurance prices. This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it does affect several drivers out there.

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, policyholders with good credit will often be rewarded with cheaper rates.

Looking specifically at Ohio Mutual and Buckeye, which carrier has the most affordable premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Buckeye. Policyholders with "excellent" credit can save over 10% compared to Ohio Mutual, and those with "good" scores can also expect to see savings -- around $30 or 24% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

Buckeye typically offers lower rates than Ohio Mutual when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about $31 per month less with Buckeye compared to Ohio Mutual, and those with "poor" scores generally save an average of around $5 a month.

Is Buckeye or Ohio 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 your monthly premiums. Usually, those who drive fewer miles will end up with less expensive prices since there's less of a chance of getting into an accident and causing an insurance claim.

In this case, neither Buckeye or Ohio Mutual report increasing premiums for drivers with higher annual mileage figures. That being said, Buckeye comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle yearly, with average prices of $132 a month for both.

Buckeye vs. Ohio Mutual: 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 insurance, but the type of area you live in can have a substantial impact as well. Typically, those who live in rural areas will pay less than drivers in urban areas because there are a lot fewer cars on the road in those areas, which decreases the chances of an accident.

Looking at these carriers side-by-side, Buckeye tends to offer the most affordable option for drivers in rural and urban areas, while Ohio Mutual wins in suburban areas.

In urban areas, Buckeye Insurance Group's average premiums are about $24 less than Ohio Mutual Insurance Company. Drivers in suburban ZIP codes pay around $6 less with Ohio Mutual compared to Buckeye. If you live in a rural area, you can expect to save about $40 with Buckeye compared to Ohio Mutual.

Buckeye vs. Ohio Mutual Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of as many insurance discounts as you can.

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

In the table below, we've taken a look at all of the different discounts Buckeye and Ohio Mutual offer their customers so that you can find the company that has the most discounts and, therefore, the biggest savings.

Ohio Mutual knocks Buckeye out of the park when it comes to the sheer number of discounts available, offering 17 different discounts to Buckeye's 17.

A couple of those are overlapping for things like anti-theft discounts, distant student discounts, and paid in full discounts. Ohio Mutual also offers ABS discounts, advance quote discounts, attentive driver discounts, and more that Buckeye does not.

On the flip side, Buckeye has a couple unique discounts of its own -- discounts for being a good driver and renewal discounts.

Final Thoughts: Is Buckeye or Ohio Mutual Best for You?

So, we've broken down the average rates for many of the factors car insurance companies look at, and we've shown you all the discounts each company offers. That's all well and good, but at the end of the day, is Buckeye or Ohio Mutual the right one for you, your vehicle, and your wallet?

Buckeye might be best for you if....

• You have an at-fault accident on your record.
• You have above-average credit.
• You are over 65 years old and want to save some money on your auto insurance.

Ohio Mutual might be best for you if...

• You're looking for discounts -- Ohio Mutual has the most.
• Your neighborhood is in the suburbs.

We hope this guide helps you get a better idea of the difference between Buckeye and Ohio Mutual. We also hope we've given you the information you need to make the best 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 auto insurance -- comparing quotes from several carriers, not just Buckeye and Ohio Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top car insurance companies in your area, all in just a few minutes.

Buckeye vs. Ohio Mutual FAQs

Is Buckeye or Ohio Mutual cheaper?

Looking just at the national average premiums, Buckeye is the more affordable of the two carriers, offering average rates of $132 per month compared to $152 for Ohio Mutual. However, Buckeye won't necessarily be the lowest carrier for every driver, since there are a bunch of different variables that are considered when it comes to your insurance bill.

Who is better, Buckeye or Ohio Mutual?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Buckeye and Ohio Mutual offer me different rates?

Car insurance companies take a look at many different factors when calculating the prices they charge policyholders. Variables like gender, where you live, age, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Buckeye and Ohio Mutual calculate rates using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a range of different carriers.

How do I know if Buckeye or Ohio 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 companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the most affordable premium. And who knows, the best carrier for you might not be Buckeye or Ohio Mutual at all!

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.