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

Quick Facts

• Looking at the national averages for auto insurance, Cameron Mutual offers significantly more affordable premiums than Progressive
• Cameron Mutual offers more affordable prices for policyholders whose driving record contains an at-fault collision
• Progressive may help you save more money -- they offer more discounts than Cameron Mutual Insurance Company

Cameron Mutual or Progressive: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large savings. But exactly how much can you save by switching?

You might have narrowed your search down to Cameron Mutual or Progressive as potential options, but between the two, which company will save you the most?

Looking at nationwide averages, Progressive is quite a bit more expensive than Cameron Mutual, with premiums averaging $180 a month compared to just $124 with Cameron Mutual.

However, Cameron Mutual may not be the most affordable or best option for every driver out there. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, where you call home, your age, or even your credit score (among other things), so rates will vary quite a bit from person to person.

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

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

Cameron Mutual and Progressive only compete against each other in two states, with Cameron Mutual offering less expensive rates to the average driver in all of them. Arkansas has the most noticable difference, where Cameron Mutual prices are $25 cheaper than car insurance premiums at Progressive.

That being said, there's a lot more that goes into your auto insurance bill than just where you call home. 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 car insurance prices of any other group of drivers out there on the road. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Cameron Mutual for their auto insurance pay over 40% less than those who use Progressive.

That being said, both companies will drop premiums once you turn 25. For example, average rates for Cameron Mutual policyholders lower more than 55% and Progressive's prices reduce almost 70% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the cheapest 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.

But who has the best rates for retired drivers between Cameron Mutual and Progressive? Cameron Mutual gets the edge, with premiums for drivers 65 and older nearly 40% more affordable than the national average for Progressive.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive insurance rates than married drivers. This usually boils down to married policyholders having more than one vehicle on their policy -- something a lot of car insurance carriers will reward with discounts.

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

Cameron Mutual or Progressive: Average Rates by Gender

Men are statistically more likely than women to get into accidents and get tickets, which means they'll generally end up paying more for auto insurance than women.

Men usually pay almost 10% more per month than women with Cameron Mutual, but with Progressive, the difference is closer to 3% a month.

Looking at the data for each carrier specifically, Cameron Mutual offers the lowest average prices for both men and women, with average rates $52 less for men and $60 cheaper for women.

Cameron Mutual vs. Progressive: 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 multiple different coverages that account for many 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.

Even so, the most common policies that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability).

Looking specifically at state minimum limits for 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 per month to Progressive's $250.

Is Cameron Mutual or Progressive 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 at-fault collisions will most likely raise your rates, but is Cameron Mutual or Progressive cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Cameron Mutual car insurance policies don't report seeing their prices increase after getting a ticket, but Progressive policyholders can expect to see their monthly bill increase by about 15%.

But Cameron Mutual is typically the less expensive option for drivers both with clean records and with a speeding ticket. Drivers with a clean record can save around 26% a month with Cameron Mutual Insurance Company, and the same can be said for those with a ticket, too.

Which Company is Best for Drivers After an Accident?

Cameron Mutual drivers who get in a collision can expect to see their rates increase by just under $15, while those who have insurance through Progressive will see about a $65 increase.

At the end of the day, drivers who use Cameron Mutual end up with the cheaper prices after an accident, with average premiums coming in at $124 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your auto insurance bill. Cameron Mutual drivers usually see a 28% raise in their insurance prices after a DUI charge, while Progressive will usually increase rates by around 16%.

How does Credit Score Impact Cameron Mutual and Progressive Rates?

You may not realized it, but your credit score can be used as one of the factors to determine your monthly car insurance premiums. Certain states and carriers do not allow for credit score to be used as a car insurance factor, but it might come into play for many policyholders.

Auto 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 cheapest premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

How much you drive can have a pretty big impact on your monthly rates. Typically, the more milage you drive, the more you can expect to pay for coverage.

In this case, neither Cameron Mutual or Progressive report increasing prices for drivers with higher annual mileage figures. Still, Cameron Mutual comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average rates of $124 per month for both.

Cameron Mutual or Progressive: 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. Generally, if you live in an urban area with more cars on the road, you'll pay a little more for auto insurance, while the opposite is true for people in rural areas.

When comparing these two carriers side-by-side, Cameron Mutual normally comes out as the lowest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Cameron Mutual Insurance Company's average prices are about $73 less than Progressive. People who live in suburban areas pay around $57 less with Cameron Mutual compared to Progressive. Those in rural areas can expect to save about $38 with Cameron Mutual compared to Progressive.

Cameron Mutual vs. Progressive Discounts

You want to save as much money as you can, right? The best way to do that is by utilizing as many car insurance discounts as possible.

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you're eligible for.

Luckily, we did the hard work for you and looked at all of the different discounts Cameron Mutual and Progressive offer their customers so that you can see which carrier can save you the most money each month.

Progressive knocks Cameron Mutual out of the park when it comes to the sheer number of discounts available, offering 34 different discounts to Cameron Mutual's 34.

There are a couple discounts both companies offer, but Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, Cameron Mutual has a proprietary discount of their own -- a umbrella policy discounts.

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

So, you've seen how different variables can affect your insurance premiums. We've broken down the different discounts each carrier offers, too. That's all well and good, but at the end of the day, which company is the best fit for you?

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

• Your credit is below-average.
• You want the most robust protection via a "full coverage" policy.
• You're of retirement age and want to take advantage of lower prices.

Progressive might be best for you if...

• You value the experience that comes with a large national car insurance carrier.
• You're looking for discounts -- Progressive has the most.

Hopefully, this guide helps you get a better idea of the difference between Cameron Mutual and Progressive. We also hope we've given you the information you need to make the best decision when it comes to your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from a handful of carriers, not just Cameron Mutual and Progressive. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP code below and get free quotes from dozens of the top insurance companies in your area, all in just a few minutes.

Cameron Mutual vs. Progressive FAQs

Is Cameron Mutual or Progressive cheaper?

Cameron Mutual is the more affordable of the two carriers when looking at national average rates, with policies averaging $124 a month with Cameron Mutual and $180 for Progressive. However, that doesn't mean Cameron Mutual will be the most affordable company for each driver, since there are a range of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Cameron Mutual or Progressive?

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

Why do Cameron Mutual and Progressive offer me different rates?

Auto insurance companies use quite a few different variables when determining the premiums they charge. Things like where you park your vehicle, age, gender, where your home is, and sometimes even things like your credit score can all come into play. Both Cameron Mutual and Progressive calculate rates using different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several 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 information once and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the lowest price. And maybe you'll find that the best company for you isn't Cameron Mutual or Progressive 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.