Cameron Mutual vs. Hastings Mutual: Which Company is the Best Fit for You?

Quick Facts

• In general, Cameron Mutual offers significantly less expensive prices than Hastings Mutual
• Cameron Mutual offers more affordable premiums for policyholders who drive a short distance to work everyday
• Hastings Mutual may help you save more money -- they offer more discounts than Cameron Mutual Insurance Company

Cameron Mutual or Hastings 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 big savings. But exactly how much can you save by switching?

You've maybe even narrowed it down to Cameron Mutual or Hastings Mutual for your next policy, but which carrier has more affordable rates for car insurance?

Looking at nationwide averages, Hastings Mutual is quite a bit more expensive than Cameron Mutual, with premiums averaging $211 a month compared to just $124 with Cameron Mutual.

Even so, that doesn't necessarily mean Cameron Mutual will be the cheaper option for every single driver. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your credit score, your age, where you call home, or even your driving record (among other things), so prices could change drastically from person to person.

Wanting to know if Cameron Mutual or Hastings Mutual is really the right company for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Cameron Mutual vs. Hastings Mutual: Average Car Insurance Rates by State

Cameron Mutual and Hastings Mutual only compete against each other in one states, with Hastings Mutual offering more affordable rates to the average driver in all of them. Iowa has the most noticable difference, where Hastings Mutual prices are $22 less expensive than car insurance premiums at Cameron Mutual.

But there's more to calculating insurance prices than just where you live. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for auto insurance compared to older drivers. That's because teen drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use Cameron Mutual save almost 25% per month compared to those who use Hastings Mutual.

But with both companies, you'll see your rates decrease significantly by the time you turn 25. For example, average prices for Cameron Mutual policyholders drop over 55% and Hastings Mutual's rates lower more than 45% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the lowest insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which typically lowers their chances of collisions and other infractions that can raise prices.

But who has the best rates for retired drivers between Cameron Mutual and Hastings Mutual? Cameron Mutual gets the edge, with premiums for drivers 65 and older nearly 55% cheaper than the national average for Hastings Mutual.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly more affordable auto insurance prices than those who are single. That's usually because married drivers tend to own and insure several vehicles, which can often earn you a discount.

For single policyholders, the difference in average premiums between these two carriers is significant, with Cameron Mutual rates coming in at a third less than Hastings Mutual's. For married policyholders, the advantage is clear again - Cameron Mutual has the edge when it comes to average premiums.

Cameron Mutual or Hastings Mutual: Average Rates by Gender

Men generally pay more for car insurance than women. That's because women are less likely to get speeding tickets and get into collisions, which lowers the chances of filing a claim with insurance.

Women usually pay almost 10% a month less than men with Cameron Mutual, but with Hastings Mutual, the difference is closer to 2% per month.

When it comes to the cheapest prices for each gender, Cameron Mutual comes out as the most affordable option for both genders, with average rates $82 less for men and $90 cheaper for women.

Cameron Mutual vs. Hastings 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 pretty complicated. Everyone needs car insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause a collision) and full coverage (which typically refers to having collision and comprehensive coverages in addition to what you get with liability coverage).

Looking specifically at state minimum liability insurance, Cameron Mutual has the significant edge, with average monthly premiums coming in at $53. If you want a full coverage policy with the same state minimum limits, Cameron Mutual again has the edge, with policies averaging around $195 a month to Hastings Mutual's $279.

Is Cameron Mutual or Hastings Mutual Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their 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 accidents will most likely raise your prices, but is Cameron Mutual or Hastings Mutual less expensive for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Cameron Mutual auto insurance policies don't report seeing their rates increase after getting a ticket, but Hastings Mutual policyholders can expect to see their monthly bill increase by about $20.

If you have gotten a speeding ticket, Cameron Mutual tends to offer the best premiums at around 15% cheaper, while Hastings Mutual has the edge for drivers with a clean record.

Which Company is Best for Drivers After an Accident?

Both companies will increase rates pretty significantly if you get into an at-fault collision with Hastings Mutual raising by about 13%. Cameron Mutual has a less extreme rise, but you can still expect to pay more than 10% more than you were prior to your first accident.

At the end of the day, drivers who use Cameron Mutual end up with the cheaper prices after an accident, with average prices coming in at $124 compared to Hastings Mutual Insurance Company's $126.

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, Hastings Mutual will raise your premiums around 77% after a DUI, while Cameron Mutual's average rates increase by nearly 30%.

But if you end up with a DUI charge and are looking for more affordable prices, Cameron Mutual tends to be more affordable for the average driver, with monthly premiums coming in at about $152 to Hastings Mutual's $478.

How does Credit Score Impact Cameron Mutual and Hastings 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 (for example, Michigan and Hawaii are two states that ban the practice entirely), but it might come into play for several drivers.

Auto insurance companies argue that those with poor credit scores are less likely to pay their bills on time each month, which raises the risk involved on their end, while the opposite is true for those with good credit.

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

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Cameron Mutual will normally reward you the most. For drivers with "excellent" credit scores, Cameron Mutual comes in just under 49.7 cheaper. Drivers with "good" credit scores usually save around 45% with Cameron Mutual compared to average rates from Hastings Mutual.

Which Company is Best for Drivers with Bad Credit?

Cameron Mutual typically offers lower prices than Hastings Mutual when it comes to drivers with bad credit. Drivers with "fair" credit pay about 39% per month less with Cameron Mutual compared to Hastings Mutual, and those with "poor" scores normally save an average of around 35% a month.

Is Cameron Mutual or Hastings Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly rates. Generally, the more milage you put on your car each year, the more you can expect to pay for coverage.

In this case, neither Cameron Mutual or Hastings Mutual report increasing prices for drivers with higher annual mileage figures. That being said, Cameron Mutual comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle every year, with average premiums of $124 a month for both.

Cameron Mutual or Hastings Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a large role in how much you pay for insurance. Typically, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because of the small number of cars that are on the roads where they live.

Cameron Mutual boasts the cheapest average rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about 29% with Cameron Mutual compared to Hastings Mutual. People who live in suburban areas pay around 31% less with Cameron Mutual compared to Hastings Mutual. For policyholders in urban ZIP codes, Cameron Mutual Insurance Company's average premiums are about 54% less than Hastings Mutual Insurance Company.

Cameron Mutual vs. Hastings Mutual 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 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 Cameron Mutual and Hastings Mutual offer their customers so that you can see which one offers the most discounts and see which ones you might be able to take advantage of.

Overall, Hastings Mutual has the advantage when it comes to total number of discounts. Cameron Mutual offers a grand total of six discounts, while Hastings Mutual has 10.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and passive restraint discounts. Hastings Mutual also offers discounts for ABS, anti-theft, company car, and more.

On the other hand, Cameron Mutual has a few proprietary discounts of their own for things like education discounts, renewal discounts, and umbrella policy discounts.

Final Thoughts: Is Cameron Mutual or Hastings Mutual Best for You?

You've seen the role certain variables have on your car insurance and the different discounts carriers offer. But, at the end of the day, which insurance carrier is the best company for you and your specific profile and needs?

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

• You will be the only person on the insurance policy.
• You're looking for the best prices on liability only coverage.
• Your neighborhood is in a rural area.

Hastings Mutual might be best for you if...

• You have a clean record.
• You're looking for discounts -- Hastings Mutual has the most.

Hopefully, this guide helps you get a better idea of the difference between Cameron Mutual and Hastings Mutual and that you can now make a more informed decision when it comes to your auto 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 multiple companies, not just Cameron Mutual and Hastings Mutual. 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 car insurance carriers in your area, all in just a few minutes.

Cameron Mutual vs. Hastings Mutual FAQs

Is Cameron Mutual or Hastings Mutual cheaper?

Cameron Mutual is the less expensive of the two companies when looking at national average premiums, with policies averaging $124 per month with Cameron Mutual and $211 for Hastings Mutual. However, that doesn't mean Cameron Mutual will be the most affordable company for each driver, since there are many different factors that come into play when it comes to your insurance payment.

Who is better, Cameron Mutual or Hastings Mutual?

Sadly, the only answer we can give you is "it depends.". No single carrier is necessarily "better" for everyone -- it all depends on the makeup of your unique car insurance profile.

Why do Cameron Mutual and Hastings Mutual offer me different rates?

Auto insurance carriers use a lot of different variables when determining the rates they charge. Things like where you live, where you park your vehicle, gender, age, and sometimes even things like your credit score can all be taken into consideration. Both Cameron Mutual and Hastings Mutual calculate prices differently, so it's likely they'll offer different premiums. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Cameron Mutual or Hastings Mutual is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from a handful of carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the lowest premium. And maybe you'll find that the best company for you isn't Cameron Mutual or Hastings 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.