Central Mutual vs. Country Financial: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Country Financial offers significantly less expensive prices than Central Mutual
• Central Mutual may help you save more money -- they offer more discounts than COUNTRY Financial
• Country Financial offers more affordable average rates for residents of suburban areas

Central Mutual or Country Financial: 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 Central Mutual or Country Financial, but between the two, which carrier has cheaper prices for auto insurance?

Looking at the national average rates for both carriers, Country Financial is quite a bit cheaper than Central Mutual, with rates averaging $138 a month compared to $340 with Central Mutual.

However, that doesn't mean Country Financial will necessarily be more affordable than Central Mutual for every single driver. Car insurance companies vary their premiums depending on things like how good your credit score is, how clean your driving record is, how old you are, where you live, and tons of other factors, so rates will vary quite a bit from person to person.

Wanting to know if Central Mutual or Country Financial 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.

Central Mutual vs. Country Financial: Average Car Insurance Rates by State

Central Mutual and Country Financial only compete against each other in one states, with Country Financial offering less expensive premiums to the average driver in all of them. Georgia has the most noticable difference, where Country Financial prices are $224 cheaper than insurance premiums at Central Mutual.

There are plenty of other factors that go 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 insurance rates of any group 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.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use Country Financial save over 55% per month compared to those who use Central Mutual.

But with both carriers, you'll see your premiums decrease significantly by the time you turn 25. For example, average rates for Central Mutual policyholders reduce almost 45% and Country Financial's prices lower more than 45% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the most affordable car insurance premiums out there. After all, they've likely been driving for quite some time, which typically lowers their chances of collisions and other infractions that can raise rates.

But who has the best prices for retired drivers between Central Mutual and Country Financial? Country Financial gets the edge here, with average rates coming in at around $105 per month compared to Central Mutual's $275.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive auto insurance prices than married policyholders. This usually boils down to married couples having several vehicles on their policy -- something quite a few car insurance companies will reward with discounts.

For single policyholders, the difference in average premiums between these two carriers is significant, with Country Financial prices coming in at about half of Central Mutual's. The advantage for married drivers with Country Financial is also obvious, where drivers save nearly 65% a month.

Central Mutual or Country Financial: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll normally end up paying more for insurance than women.

With Central Mutual, women generally pay around $15 per month less than men, and about $3 less with Country Financial.

Looking at overall affordability, Country Financial offers the cheapest average rates for both men and women. On average, male drivers save about $207 a month and women save around $196 with Country Financial compared to the average Central Mutual policyholder.

Central Mutual vs. Country Financial: 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.

Auto insurance can be a complicated subject for most people. There are so many different limits and coverages that it can make it pretty confusing to find the right policy for you.

That being said, most 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 limits for liability insurance, Country Financial has the significant edge, with average monthly premiums coming in at $82. If you want a full coverage policy with the same state minimum limits, Country Financial again has the edge, with policies averaging about $194 per month to Central Mutual's $506.

Is Central Mutual or Country Financial Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great prices for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

You'll probably end up paying more with collisions and speeding tickets on your record, but which of these two carriers offers the most affordable premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Central Mutual for their insurance can usually expect their monthly bill to go up around 26% after getting a speeding ticket. Country Financial policyholders can expect a less drastic increase of about 23%.

Even so, Country Financial has less expensive rates for drivers in both categories, offering prices that are $137 and $190 cheaper, respectively, compared to Central Mutual Insurance.

Which Company is Best for Drivers After an Accident?

Central Mutual drivers who get in an accident can expect to see their premiums climb by over 20%, while those who have insurance through Country Financial will see around a 30% increase.

At the end of the day, Country Financial offers the cheapest rates for drivers with an at-fault collision on their records, with average premiums coming in at $147 compared to Central Mutual Insurance's $311.

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 -- normally a lot more than a collision or ticket. On average, Central Mutual will climb your prices about 50% after a DUI, while Country Financial's average rates rise by more than 35%.

But if you end up with a DUI charge and are looking for more affordable prices, Country Financial tends to be more affordable for the average driver, with monthly premiums coming in at around $165 to Central Mutual's $482.

How does Credit Score Impact Central Mutual and Country Financial Rates?

Often times, your credit score can be used as one of the factors to determine your monthly insurance rates. This isn't true for everyone (California, for example, has banned the use of credit score as a car insurance factor) but it does affect a lot of policyholders out there.

The reasoning auto insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper premiums, while those with poor credit will generally be forced to pay more.

Looking at Central Mutual and Country Financial specifically, which company has the lowest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Central Mutual or Country Financial 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 large impact on how much insurance carriers will charge for coverage? Typically, the more milage you put on your car each year, the more you can expect to pay for car insurance.

For both remote workers and those taking short commutes, Country Financial tends to be the cheaper option. Central Mutual's average prices for drivers with 6,000 annual miles come in nearly $200 more expensive than Country Financial. Those who drive 12,000 miles yearly can expect to pay more than $200 more with Central Mutual over Country Financial.

Central Mutual or Country Financial: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a substantial role in how much you pay for auto insurance. Usually, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders due to the number of vehicles that are on the roads where they live.

Country Financial tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, COUNTRY Financial's average prices are about 67% less than Central Mutual Insurance. People who live in suburban areas pay around 50% less with Country Financial compared to Central Mutual. Those in rural areas can expect to save about 52% with Country Financial compared to Central Mutual.

Central Mutual vs. Country Financial 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.

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 Central Mutual and Country Financial so that you can see which one can save you the most money each month.

Looking at the total number of discounts, Central Mutual comes out ahead with 15 discounts to Country Financial's 10.

There are a couple discounts both companies offer, but Central Mutual also offers discounts for ABS, book transfer policy, distant student, and more.

On the other hand, Country Financial has a few proprietary discounts of their own for things like occupation discounts, simply drive discounts, and telematics discounts.

Final Thoughts: Is Central Mutual or Country Financial Best for You?

So, we've broken down the average premiums for many of the variables auto insurance carriers look at, and walked through the different discounts each company offers, too. But, at the end of the day, which insurance carrier is the right carrier for you, your vehicle, and your wallet?

Country Financial might be best for you if....

• You have received a ticket within the last few years.
• Your home is in a busy urban area.
• You drive often but have a short commute.

Central Mutual might be best for you if...

• You want to save extra money with discounts.

Hopefully, this guide has ben a valuable resource as you compare Central Mutual and Country Financial and that it aids in making a more informed decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Central Mutual and Country Financial. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

Central Mutual vs. Country Financial FAQs

Is Central Mutual or Country Financial cheaper?

Country Financial is the less expensive of the two companies when looking at national average rates, with policies averaging $138 a month with Country Financial and $340 for Central Mutual. That being said, that doesn't mean Country Financial will be the most affordable company for every driver, since there are several different factors that are considered when it comes to your car insurance cost.

Who is better, Central Mutual or Country Financial?

Sadly, the only answer we can give you is "it depends.". No one carrier is necessarily "better" for each policyholder -- it all boils down to your unique auto insurance profile.

Why do Central Mutual and Country Financial offer me different rates?

Insurance carriers use lots of different variables when determining the premiums they charge. Things such as age, gender, your driving record, where you park your car, and sometimes even things like your credit score can all be taken into consideration. Both Central Mutual and Country Financial calculate rates differently, so it's likely they'll offer different prices. The best way to determine which company is the lowest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Central Mutual or Country Financial is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top insurance companies for free. That way, you can guarantee you're getting the most affordable premium. And maybe you'll find that the best company for you isn't Central Mutual or Country Financial 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.