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

How do Central Mutual and Frankenmuth compare when it comes to auto insurance premiums and discounts? If you want to find out which carrier has the best rates for your unique profile, check out our latest guide below.
Newly insured car driving down the road
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Quick Facts

  • Based on national averages for insurance, Frankenmuth offers slightly cheaper prices than Central Mutual
  • Central Mutual has more affordable rates for residents of suburban areas
  • Frankenmuth offers less expensive average premiums for policyholders who drive fewer than 6,000 miles annually

Central Mutual or Frankenmuth: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. You've probably seen commercials and billboards from companies offering large savings, but exactly how much money can you save by switching?

You might have narrowed it down to Central Mutual or Frankenmuth as your top options, but between the two, which carrier will offer you cheaper prices?

Central Mutual Frankenmuth

Looking at the national average rates for both carriers, Central Mutual is around $22 more a month than Frankenmuth.

But Frankenmuth may not be the lowest or best option for every driver out there. Auto insurance companies use a ton of complex algorithms to determine rates, so depending on how good your credit score is or how old you are (among a wide array of other factors), you could see wildly different premiums from the ones above.

Wanting to know if Central Mutual or Frankenmuth is really the right company 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. Frankenmuth: Average Car Insurance Rates by State

State Central Mutual Frankenmuth

Central Mutual and Frankenmuth only compete against each other in one states, with Central Mutual offering more affordable premiums to the average driver in all of them. Ohio has the most noticable difference, where Central Mutual prices are $27 less expensive than insurance rates at Frankenmuth.

There's a lot more that goes into your car insurance payment than just the state you live in. Keep reading to learn more.

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Which is the Best Company For Young Drivers?

Central Mutual Frankenmuth
18-year-old drivers$580$688
25-year-old drivers$325$308

Teen drivers will almost always have the most expensive auto insurance premiums of any other group of drivers out there on the road. That'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 15% less per month by choosing Central Mutual over Frankenmuth.

That being said, both carriers will reduce prices once you turn 25. For example, average premiums for Central Mutual policyholders drop almost 45% and Frankenmuth's prices decrease more than 55% over that time.

Which is the Best Company for Retired Drivers?

Central Mutual Frankenmuth
65+-year-old drivers$275$215

Once you approach retirement age, you'll normally enjoy the most affordable car insurance rates out there. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for insurance.

So, which carrier offers the best rates to retired drivers? Frankenmuth gets the edge here, with average premiums coming in at about $215 per month compared to Central Mutual's $275.

Which is the Best Company for Married Drivers?

Central Mutual Frankenmuth

You may not be aware, but auto insurance rates tend to be more affordable for married drivers than they are for those who are single. This usually boils down to married couples having multiple vehicles on their policy -- something many insurance companies will reward with discounts.

For single drivers, the difference in average prices between these two carriers is not very significant, with Frankenmuth premiums coming in at around 2% less than Central Mutual's. But for married policyholders, the advantage is clear - Frankenmuth offers the cheapest average prices.

Central Mutual or Frankenmuth: Average Rates by Gender

Central Mutual Frankenmuth

Did you know men tend to pay more for car insurance than women? That's because women are less likely to get into collisions and get tickets, which decreases the chances of filing a claim with insurance.

Generally, men see rates about $15 a month higher with Central Mutual, but with Frankenmuth, the difference is closer to $6 per month.

When it comes to the lowest premiums for each gender, Frankenmuth comes out as the cheapest option for both genders. On average, women save about $18 a month and men save around $26 with Frankenmuth compared to the average Central Mutual policyholder.

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Central Mutual vs. Frankenmuth: Compare State Minimum vs. Full Coverage Rates

Central Mutual Frankenmuth
State Minimum*$174$214
Full Coverage**$506$422

*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 bunch of different coverages that account for several 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 injuries and property damage if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability coverage).

When it comes to state minimum liability limits, Central Mutual has the edge, while Frankenmuth offers the most affordable average rates for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $40 with Central Mutual Insurance, while full coverage comes out to be about $85 less expensive with Frankenmuth Insurance.

Is Central Mutual 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.

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

Which Company is Best for Drivers with Speeding Tickets?

Central Mutual Frankenmuth
Clean Record$242$173
1 Speeding Ticket$326$247

Drivers who use Central Mutual for their auto insurance can usually expect their monthly bill to go up around 26% after getting a speeding ticket. Frankenmuth policyholders can expect a bit more drastic of an increase of about 30%.

Even so, Frankenmuth has cheaper premiums for drivers in both categories -- their rates are around 29% more affordable for drivers with clean records and 24% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Central Mutual Frankenmuth
Clean Record$242$173
1 At-Fault Accident$311$214

After an accident, drivers who have their car insurance through Central Mutual can expect to see around an $69 -- or about 22% -- rise in their insurance rates. Drivers who use Frankenmuth for their auto insurance will see a monthly bill around $41 (or 19%) more expensive after reporting a collision to their insurance company.

At the end of the day, Frankenmuth offers the most affordable premiums for drivers with an at-fault collision on their records, with average prices coming in at $214 compared to Central Mutual Insurance's $311.

Which Company is Best for Drivers with a DUI?

Central Mutual Frankenmuth
Clean Record$242$173
1 DUI$482$637

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- typically a lot more than an accident or ticket. For example, Frankenmuth increases average rates by more than $450 per month -- that's nearly a 75% increase.

But if you end up with a DUI charge and are looking for more affordable premiums, Central Mutual tends to be less expensive for the average driver, with monthly premiums coming in at about $482 to Frankenmuth's $637.

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How does Credit Score Impact Central Mutual and Frankenmuth Rates?

In many cases, your credit score can be used as one of the variables to calculate your monthly auto insurance prices. This isn't true for everyone (for example, California and Michigan are two states that ban the practice entirely), but it might come into play for lots of policyholders.

The reasoning car insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with more affordable premiums.

So, which carrier offers the cheapest rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Central Mutual Frankenmuth
Excellent Credit Score$257$204
Good Credit Score$288$247

If you have great credit, Frankenmuth will usually reward you the most. For drivers with "excellent" credit scores, Frankenmuth comes in more than 20.62 less expensive. Drivers with "good" credit scores generally save around 14% with Frankenmuth compared to average prices from Central Mutual.

Which Company is Best for Drivers with Bad Credit?

Central Mutual Frankenmuth
Fair Credit Score$329$282
Poor Credit Score$486$537

If you have a below average credit score, it can be somewhat of a toss-up as far as which company offers you the best rates. Drivers with "fair" credit pay about 14% less with Frankenmuth than Central Mutual, but those whose credit is considered "poor" have it flipped -- saving around 9% a month with Central Mutual.

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Is Central Mutual or Frankenmuth Better for Drivers who Work from Home or Have Short Commutes?

Central Mutual Frankenmuth
6,000 Annual Miles$335$318
12,000 Annual Miles$345$318

The amount of time you spend behind the wheel of your car plays a big role in your monthly insurance cost. That's because the more milage you drive, the more likely you are to be in a collision and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Frankenmuth charges. However, there's a small difference in monthly premiums for Central Mutual, with drivers who put 6,000 miles on their vehicle every year paying about $10 less each month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Frankenmuth is the cheaper company.

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

Where you park your car can play a considerable role in how much you pay for auto insurance. Typically, those who live in urban areas will pay more than policyholders in rural areas since there are a lot more vehicles on the roads where they live.

Central Mutual Frankenmuth
Urban Areas$529$399
Suburban Areas$263$288
Rural Areas$228$266

When comparing these two companies side-by-side, Central Mutual boasts the most affordable average prices in rural and suburban areas, while Frankenmuth wins in urban areas.

For drivers in urban ZIP codes, Frankenmuth Insurance's average rates are around 25% less than Central Mutual Insurance. People who live in suburban areas pay about 9% less with Central Mutual compared to Frankenmuth. Those in rural areas can expect to save around 14% with Central Mutual compared to Frankenmuth.

Central Mutual vs. Frankenmuth Discounts

No matter why you might be in the market for a new car insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by utilizing as many auto insurance discounts as possible.

The difficult part is finding all of the discounts you're eligible for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

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

Central Mutual Frankenmuth
ABS Discount 
Advance Quote Discount 
Anti-Theft Discount 
Book Transfer Policy Discount 
Defensive Driver Discount
Distant Student Discount
Driver Training Discount 
DRL Discount 
Family Discount 
Good Driving Discount 
Good Student Discount 
Group Discount
Life Policy Discount 
Multi-Policy Discount
Paid In Full Discount
Passive Restraint Discount
Renewal Discount
teenSMART Discount 
Youthful Driver Discount 

Looking at the total number of discounts, Central Mutual has the advantage when it comes to total number of discounts. Frankenmuth offers a grand total of 11 discounts, while Central Mutual has 15.

Both carriers offer many of the same discounts -- like distant student discounts, multi-policy discounts, and paid in full discounts -- but Central Mutual also offers discounts for ABS, anti-theft, book transfer policy, and more.

On the other hand, Frankenmuth has a few proprietary discounts of their own for things like advance quote discounts, family discounts, good driving discounts, and more.

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Final Thoughts: Is Central Mutual or Frankenmuth Best for You?

So, you've seen how different factors can affect your insurance premiums. We've broken down the different discounts each company offers, too. That's all well and good, but when it comes down to it, which insurance carrier is the right one for you and your specific profile and needs?

Frankenmuth might be best for you if....

  • You will be the only person on the car insurance policy.
  • You're of retirement age and want to take advantage of lower prices.

Central Mutual might be best for you if...

  • You care about discounts (Central Mutual offers the most).
  • You live in an suburban area.
  • You want to save money while purchasing auto insurance for a teenager.

Hopefully, this guide helps you get a better idea of the difference between Central Mutual and Frankenmuth and that you can now make a more informed 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 multiple companies, not just Central Mutual and Frankenmuth. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best car insurance carriers in your area, all in just a few minutes.

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Central Mutual vs. Frankenmuth FAQs

Is Central Mutual or Frankenmuth cheaper?

Frankenmuth is the less expensive of the two companies when looking at national average premiums, with policies averaging $318 per month with Frankenmuth and $340 for Central Mutual. But that doesn't mean Frankenmuth will be the cheapest company for every driver, since there are lots of different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Central Mutual or Frankenmuth?

Sadly, the answer truly is "it depends.". No single carrier is necessarily "better" for everyone -- it all boils down to your unique insurance profile. For example, Central Mutual is cheaper for drivers who have less-than-stellar credit scores, while Frankenmuth offers more affordable prices for policyholders with an at-fault accident on their record.

Why do Central Mutual and Frankenmuth offer me different rates?

Car insurance carriers use a lot of different factors when determining the rates they charge. Things like your driving record, age, gender, where you call home, and sometimes even things like your credit score can all be taken into consideration. Both Central Mutual and Frankenmuth use different formulas, so it's likely they'll offer different premiums. The best way to determine which company is the lowest for you is by comparing personalized quotes from a variety of different companies.

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

The only way to find the auto 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 do all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top insurance companies for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best company for you isn't Central Mutual or Frankenmuth at all, but another you hadn't even thought of!


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.

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