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

Quick Facts

• In general, Ohio Mutual offers significantly less expensive premiums than Central Mutual
• Ohio Mutual offers more affordable prices for policyholders who are looking to purchase insurance with a spouse
• Ohio Mutual offers more affordable rates for policyholders who have a clean record

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

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering hefty savings, but exactly how much money can you save by switching?

You might be considering Central Mutual or Ohio Mutual as potential options, but which company will offer you more affordable prices?

As you can see, Ohio Mutual has average rates that are around 55% a month cheaper than those from Central Mutual when looking at the national average rates for insurance.

But that doesn't mean Ohio Mutual will necessarily be less expensive than Central Mutual for every driver. Auto insurance carriers vary their premiums depending on things like how clean your driving record is, where you live, how good your credit score is, how old you are, and all sorts of other factors, so rates will differ quite a bit from person to person.

So, if you want to find out which of Central Mutual or Ohio Mutual is really the best for you, keep reading to see average prices for each carrier broken down by several different rate factors.

Central Mutual vs. Ohio Mutual: Average Car Insurance Rates by State

Central Mutual and Ohio Mutual only compete against each other in Ohio, where Central Mutual offers the cheaper average premiums. Central Mutual drivers tend to pay about $50 per month less on average compared to drivers who use Ohio Mutual for their car insurance.

There's a lot more that goes into your auto insurance bill than just where you call home. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance prices of any other group of drivers. That's normally because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean that teen drivers have to just accept sky-high car insurance rates. Just look at the table above -- where 18-year-old drivers who have Ohio Mutual for their auto insurance pay almost 50% less than those who use Central Mutual.

Even so, both companies will offer you dramatically lower premiums once you turn 25. For example, average prices for Central Mutual policyholders decrease about $250 and Ohio Mutual's rates drop around $150 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the lowest premiums you'll ever find.

So, which company offers the best prices to retired drivers? Ohio Mutual gets the edge here, with average rates coming in at about $114 per month compared to Central Mutual's $275.

Which is the Best Company for Married Drivers?

Married drivers tend to get slightly more affordable car insurance premiums than single drivers. That's because policies for married policyholders typically cover several vehicles, which several carriers will give you a discount for.

For those who are single, the difference in average rates between these two companies is significant, with Ohio Mutual prices coming in at around half of Central Mutual's. The advantage for married couples with Ohio Mutual is also obvious, where drivers save over $150 a month.

Central Mutual or Ohio Mutual: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision. That means when it comes to insurance men will usually end up paying a little more.

Women generally pay about 4% per month less than men with Central Mutual, but with Ohio Mutual, the difference is closer to 5% a month.

When it comes to the most affordable premiums for each gender, Ohio Mutual comes out on top for both men and women. On average, male drivers save about $191 per month and women save around $185 with Ohio Mutual compared to the average Central Mutual policyholder.

Central Mutual vs. 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.

Auto insurance isn't the easiest topic to understand. There are lots of different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

However, most policies that drivers look at fall into two categories -- liability coverage (that covers property damage and bodily injury for other drivers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability).

Looking specifically at state minimum limits for liability insurance, Ohio Mutual has the significant edge, with average monthly rates coming in at $74. If you want a full coverage policy with the same state minimum limits, Ohio Mutual again has the edge, with policies averaging about $230 a month to Central Mutual's $506.

Is Central Mutual or Ohio Mutual 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.

Collisions and speeding tickets will most likely raise your prices, but is Central Mutual or Ohio Mutual less expensive for drivers with spotty 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. Ohio Mutual policyholders can expect a less drastic increase of about 20%.

Even so, Ohio Mutual is normally the cheaper option for both drivers who have clean records and those with a recent ticket, offering premiums that are 65% and 68% more affordable, 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 rates climb by just under $70, while those who have insurance through Ohio Mutual will see around a $40 increase.

At the end of the day, the less expensive prices come from Ohio Mutual, with average premiums coming in at $125 compared to Central Mutual Insurance's $311.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even a collision. Central Mutual drivers usually see a 50% increase in their auto insurance rates after a DUI charge, while Ohio Mutual will typically climb premiums by about 71%.

But if you end up with a DUI charge and are looking for more affordable prices, Ohio Mutual tends to be cheaper for the average driver, with monthly premiums coming in at around $293 to Central Mutual's $482.

How does Credit Score Impact Central Mutual and Ohio Mutual Rates?

Did you know many insurance carriers take your credit score into account when determining rates? Certain states and companies do not allow for credit score to be used as an insurance factor, but it might come into play for lots of policyholders.

The reasoning car insurance carriers 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 Ohio Mutual specifically, which carrier has the cheapest prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Ohio Mutual will normally reward you the most. For drivers with "excellent" credit scores, Ohio Mutual comes in more than 61.87 more affordable. Drivers with "good" credit scores generally save about 57% with Ohio Mutual compared to average rates from Central Mutual.

Which Company is Best for Drivers with Bad Credit?

Ohio Mutual typically offers lower prices than Central Mutual when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 53% per month less with Ohio Mutual compared to Central Mutual, and those with "poor" scores usually save an average of about 52% a month.

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

How much you drive can have a large impact on your monthly auto insurance cost. That's because the more milage you drive, the more likely you are to be in an accident 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 Ohio Mutual charges. However, there's a small difference in monthly premiums for Central Mutual, with drivers who put 6,000 miles on their car annually paying around $10 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Ohio Mutual is the less expensive carrier.

Central Mutual or 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, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers since there are a lot more vehicles on the road where they live, which increases the chances of an accident.

When comparing these two companies side-by-side, Ohio Mutual usually comes out as the lowest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save about 36% with Ohio Mutual compared to Central Mutual. People who live in suburban areas pay around 42% less with Ohio Mutual compared to Central Mutual. For policyholders in urban ZIP codes, Ohio Mutual Insurance Company's average rates are about 71% less than Central Mutual Insurance.

Central Mutual vs. Ohio Mutual 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 taking advantage of as many auto insurance discounts as possible.

But with what seems like a million different discounts out there, it can be hard to find all the ones you're eligible 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 Central Mutual and Ohio 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.

Looking at the total number of discounts, Ohio Mutual has a slight advantage when it comes to total number of discounts. Central Mutual offers a grand total of 15 discounts, while Ohio Mutual has 17.

There are a couple discounts both carriers offer, but Ohio Mutual also offers discounts for advance quote, attentive driver, continuous insurance, and more.

On the other hand, Central Mutual has a few proprietary discounts of their own for things like book transfer policy discounts, driver training discounts, DRL discounts, and more.

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

So, you've seen how different variables can affect your insurance prices. We've broken down the different discounts each carrier offers, too. But, at the end of the day, which company is the best fit for you?

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

• Your credit is less-than-stellar.
• Your credit score is high.
• You want to save money while purchasing car insurance for a teenager.

Central Mutual might be best for you if...

• You have a more unique driver profile than those we mentioned above.

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

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several companies, not just Central Mutual and Ohio Mutual. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

Central Mutual vs. Ohio Mutual FAQs

Is Central Mutual or Ohio Mutual cheaper?

Ohio Mutual is the cheaper of the two companies when looking at national average premiums, with policies averaging $152 a month with Ohio Mutual and $340 for Central Mutual. That being said, that doesn't mean Ohio Mutual will be the most affordable carrier for everyone, since there are multiple different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Central Mutual or Ohio Mutual?

Sadly, the real answer is "it depends.". No single company is necessarily "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Central Mutual and Ohio Mutual offer me different rates?

Car insurance carriers use quite a few different variables when calculating the prices they charge. Factors such as your driving record, where your home is, age, gender, and sometimes even things like your credit score can all come into play. Both Central Mutual and Ohio Mutual calculate rates using different variables, so it's likely they'll offer different premiums. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Central Mutual 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 carriers 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 auto insurance companies for free. That way, you can guarantee you're getting the most affordable price. And maybe you'll find that the best carrier for you isn't Central Mutual or Ohio 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.