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

Quick Facts

• In general, Cig offers significantly cheaper prices than Ohio Mutual
• Cig offers less expensive average rates for residents of rural areas
• Ohio Mutual offers more affordable premiums for policyholders who have a clean driving record, free of accidents, tickets, or DUIs

Cig vs. Ohio Mutual: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Cig or Ohio Mutual as your top options, but between the two, which company will offer you more affordable prices?

As you can see, Cig has average rates that are about 22% per month less expensive than those from Ohio Mutual when looking at the national average rates for insurance.

But Cig may not be the most affordable or best option for every single driver out there. Car insurance companies vary their rates depending on things like how good your credit score is, how old you are, where you live, how clean your driving record is, and all sorts of other factors, so prices will change quite a bit from person to person.

Luckily, we've broken down average rates from both Cig and Ohio Mutual by many different rate factors, so read on to find out which carrier is the best for you.

Cig or Ohio Mutual: Average Car Insurance Rates by State

Cig and Ohio Mutual only compete against each other in Ohio, where Cig offers the cheaper average premiums. For Ohio residents, Cig offers insurance for $127 monthly on average. Ohio Mutual's average rates come out to be over 15% more expensive, at $152 a month.

But there's more to calculating auto insurance prices than just where you live. Read on to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for car insurance than any other group of drivers out there on the road. It's generally because young, inexperienced drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. As you can see above, teens who use Cig save more than $50 a month compared to those who use Ohio Mutual.

Even so, with both carriers, you'll see your prices drop significantly by the time you turn 25. For example, average premiums for Cig policyholders reduce over $100 and Ohio Mutual's rates lower nearly $150 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the cheapest insurance prices you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for auto insurance.

So, which company offers the best premiums to retired drivers? Cig gets the edge, with prices for drivers 65 and older $28 more affordable than the national average for Ohio Mutual.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be more expensive for single policyholders than they are for married drivers. This usually boils down to married policyholders having more than one car on their policy -- something many auto insurance companies will reward with discounts.

When it comes to relationship status, Cig is the clear winner for single drivers, with rates around $33 per month cheaper than Ohio Mutual, on average. For married couples, the advantage is clear again - Cig has the edge when it comes to average premiums.

Cig vs. Ohio Mutual: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident, which means they'll normally end up paying more for car insurance than women.

Generally, women see prices about 3% a month less with Cig, and around 5% less with Ohio Mutual when compared to their male counterparts.

Looking at the data for each carrier specifically, Cig comes out as the lowest option for both genders. On average, women save about $31 per month and men save about $35 with Cig compared to the average Ohio Mutual policyholder.

Cig or 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. Everyone needs insurance, but there are so many different limits and coverages that it can be hard to find the right policy.

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

If you're looking for state minimum liability insurance, Cig typically offers slightly less expensive rates of $71 compared to Ohio Mutual's $74. When it comes to full coverage policies with similar limits, Cig again has the edge, with policies around $65 a month cheaper than Ohio Mutual, on average.

Is Cig or Ohio Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance carriers offering great premiums 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 tickets on your record, but which of these two companies offers the most affordable rates to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Cig policyholders can expect their prices to go up an average of $24 per month if they get a ticket, while Ohio Mutual usually raises rates about $21 a month, on average.

That being said, Ohio Mutual tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records -- their rates are around 5% more affordable for drivers with clean records and 6% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Cig drivers who get in an accident can expect to see their prices climb by over 25%, while those who have insurance through Ohio Mutual will see around a 35% increase.

Overall, the more affordable premiums come from Cig, with monthly rates averaging $118 compared to Ohio Mutual Insurance Company's $125.

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 ticket or even a collision. Ohio Mutual drivers usually see a 71% climb in their auto insurance prices after a DUI charge, while Cig will generally raise premiums by about 44%.

If you have a DUI on your record and are looking for more affordable prices, Cig tends to be the much cheaper option with average premiums of $157 per month compared to $293 from Ohio Mutual.

How does Credit Score Impact Cig and Ohio Mutual Rates?

In many cases, your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it does affect quite a few policyholders out there.

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 more affordable rates.

Looking at Cig and Ohio Mutual specifically, which one has the best premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Cig. Drivers with "excellent" credit can save over 20% compared to Ohio Mutual, and those with "good" scores can also expect to see savings -- around $30 or 24% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Cig typically offers lower prices than Ohio Mutual when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about $35 per month less with Cig compared to Ohio Mutual, and those with "poor" scores normally save an average of around $60 a month.

Is Cig or Ohio Mutual 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 big impact on your monthly rates? Usually, those who drive fewer miles will end up with cheaper premiums since there's less of a chance of getting into an accident and causing 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 prices for Cig, with policyholders who drive the least paying about $12 less every month compared to those who drive 12,000 miles yearly. Still, Cig is the more affordable option for drivers in both categories.

Cig vs. Ohio Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a large role in how much you pay for car insurance. Generally, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers due to the small number of vehicles that are on the roads in those areas.

Cig boasts the cheapest average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Cig offers premiums around $128 monthly compared to Ohio Mutual's $155. People who live in suburban ZIP codes can expect to pay about $123 a month for Cig and $153 for Ohio Mutual. Lastly, those in rural areas tend to get the lowest rates from both carriers, with average monthly prices coming in at $106 and $147 for Cig and Ohio Mutual respectively.

Cig vs. Ohio Mutual Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many car insurance discounts as you can.

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're eligible for.

Below, we've compared all of the different discounts offered by Cig and Ohio Mutual so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Cig knocks Ohio Mutual out of the park when it comes to the sheer number of discounts available, offering 25 different discounts to Ohio Mutual's 17.

There are a couple discounts both companies offer, but Cig also offers company car discounts, employee discounts, good driving discounts, and more that Ohio Mutual does not.

On the flip side, Ohio Mutual has a couple unique discounts of its own -- attentive driver discounts, continuous insurance discounts, hybrid vehicle discounts, and more.

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

So, we've broken down the average premiums for many of the factors auto insurance carriers look at, and walked through the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the best fit for you?

Cig might be best for you if....

• You want to save money on your car insurance after a collision.
• Your neighborhood is in a city.
• You're married and plan to have both of your names on the vehicle's insurance policy.

Ohio Mutual might be best for you if...

• You have a clean driving record, free of accidents, tickets, or DUIs.
• You've been pulled over for speeding recently.

We hope this guide has ben a valuable resource as you compare Cig and Ohio Mutual and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of companies, not just Cig and Ohio Mutual. 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.

Cig vs. Ohio Mutual FAQs

Is Cig or Ohio Mutual cheaper?

Looking just at the national average prices, Cig is the cheaper of the two companies, offering average rates of $119 per month compared to $152 for Ohio Mutual. However, Cig won't necessarily be the most affordable carrier for each policyholder, since there are several different variables that come into play when it comes to your car insurance cost.

Who is better, Cig or Ohio Mutual?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for every driver -- it all comes down to what your unique insurance profile looks like.

Why do Cig and Ohio Mutual offer me different rates?

Car insurance carriers take a look at several different factors when calculating the premiums they charge drivers. Variables such as gender, where you park your car, age, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Cig and Ohio Mutual calculate rates using different factors, so each one will most likely offer different prices. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Cig or Ohio Mutual is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from multiple 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 information once and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the lowest price. And who knows, the best carrier for you might not be Cig or Ohio Mutual at all!

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.