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

Quick Facts

• Based on national averages for insurance, Cig offers more affordable prices than Oregon Mutual
• Cig offers less expensive average premiums for residents of rural areas
• Cig offers more affordable rates for drivers who have received a ticket within the last few years

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

Are you considering a new insurance policy? With so many ads from all sorts of companies offering hefty discounts, you're probably wondering exactly how much you might be able to save.

You might be considering Cig or Oregon Mutual for your next policy, but which one has cheaper prices for auto insurance?

Looking at the national average rates for both companies, Oregon Mutual has average rates that are about 12% per month more expensive than those from Cig.

That being said, that doesn't necessarily mean Cig will be the less expensive option for every driver. Insurance carriers use tons of complex algorithms to calculate premiums, so depending on how good your credit score is or where you live (among a variety of other factors), you could see wildly different rates from the ones above.

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

Cig or Oregon Mutual: Average Car Insurance Rates by State

Cig and Oregon Mutual only compete against each other in two states, with Cig offering more affordable premiums to the average driver in all of them. Oregon has the most noticable difference, where Cig prices are over 50% cheaper than auto insurance premiums at Oregon Mutual.

There's a lot more that goes into your car insurance cost than just the state you live in. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance rates of any group on the road. That's typically because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance premiums. As you can see above, teens who use Cig save more than $100 a month compared to those who use Oregon Mutual.

However, both companies will drop prices by the time drivers turn 25. Oregon Mutual offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Cig's average rates decrease over 50% during that same period.

Which is the Best Company for Retired Drivers?

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

But who has the best rates for retired drivers between Cig and Oregon Mutual? Cig gets the edge here, with average premiums coming in at around $86 per month compared to Oregon Mutual's $100.

Which is the Best Company for Married Drivers?

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

When it comes to relationship status, Cig is the clear winner for single policyholders, with premiums about $24 per month more affordable than Oregon Mutual, on average. It's not quite so glaring for married drivers, where drivers who use Cig save around 5% a month.

Cig vs. Oregon Mutual: Average Rates by Gender

Did you know women tend to pay less for auto insurance than men? This is because men are statistically more likely than women to get tickets and get into collisions, which leads to increased risk for insurers and, therefore, higher rates.

With Cig, men normally pay about $4 per month more than women, and more than $10 with Oregon Mutual.

Looking at overall affordability, Cig offers the cheapest average premiums for both men and women, with average prices 14% less for men and 9% cheaper for women.

Cig or Oregon 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.

Insurance isn't the easiest topic to understand. There are so many different limits and terms that it can make it pretty confusing to find the right policy.

But most policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which usually refers to having comprehensive and collision coverages in addition to liability coverage).

If you're looking for state minimum limits for liability insurance, Cig generally offers significantly cheaper rates of $71 compared to Oregon Mutual's $97. When it comes to full coverage policies with similar limits, Cig again has the edge, with policies around $6 a month more affordable than Oregon Mutual, on average.

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

You've probably seen plenty of commercials from auto 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.

Tickets and accidents will most likely raise your premiums, but is Cig or Oregon Mutual cheaper for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Cig policyholders can expect their rates to go up an average of $24 per month if they get a ticket, while Oregon Mutual typically raises prices about $11 a month, on average.

That being said, Cig has less expensive premiums for drivers in both categories. Drivers with a clean record can save around $23 per month and drivers with a speeding ticket can save about $10 a month with CIG Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Cig can expect to see around an $30 -- or about 25% -- increase in their auto insurance rates. Drivers who use Oregon Mutual for their insurance will see a monthly bill around $22 (or 17%) more expensive after reporting a collision to their car insurance carrier.

Overall, drivers who use Cig end up with the cheaper prices after an accident, with monthly premiums averaging $118 compared to Oregon Mutual's $133.

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 an accident. Cig drivers usually see a 44% increase in their insurance rates after a DUI charge, while Oregon Mutual will normally climb prices by about 35%.

If you have a DUI on your record and are looking for more affordable rates, Cig tends to be the much cheaper option with average prices of $157 monthly compared to $171 from Oregon Mutual.

How does Credit Score Impact Cig and Oregon Mutual Rates?

Often times, your credit score can be used as one of the factors to determine your monthly auto insurance premiums. This isn't always the case (for example, California and Hawaii are two states that ban the practice entirely), but it will come into play for a lot of drivers.

Car insurance carriers 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, policyholders with good credit will often be rewarded with less expensive rates.

So, which company offers the lowest prices for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Cig. Policyholders with "excellent" credit can save just under 35% compared to Oregon Mutual, and those with "good" scores can also expect to see savings -- around $27 or 22% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can be somewhat of a toss-up as far as which company offers you the best premiums. Drivers with "fair" credit pay about $12 less with Cig than Oregon Mutual, but those whose credit is considered "poor" have it flipped -- saving around $1 per month with Oregon Mutual.

Is Cig or Oregon 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 considerable impact on your monthly rates? Generally, those who drive fewer miles will end up with cheaper prices since there's less of a chance of getting into a collision and causing an insurance claim.

Cig tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure. Cig's average premiums for drivers with 6,000 annual miles come in about 14% more affordable than Oregon Mutual. Those who drive 12,000 miles every year can expect to pay around 9% less with Cig over Oregon Mutual.

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

Where you call home can have a large impact on your monthly insurance bill. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of vehicles that are on the roads in those areas.

When comparing these two companies side-by-side, Cig generally comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Drivers in rural ZIP codes see the most affordable rates from both carriers, but Cig comes out on top with average premiums about $106 a month. Cig also has cheaper average prices for policyholders in urban and suburban ZIP codes -- a $23 and $15 a month respective difference when compared to Oregon Mutual drivers in similar areas.

Cig vs. Oregon Mutual Discounts

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

But with what seems like a million different discounts out there, it can be challenging to find all the ones you can take advantage of or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've compared all of the different discounts offered by Cig and Oregon Mutual so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Cig knocks Oregon Mutual out of the park when it comes to the sheer number of discounts available, offering 25 different discounts to Oregon Mutual's 15.

A couple of those are overlapping for things like anti-theft discounts, distant student discounts, employee discounts, and discounts for insuring multiple cars with the same company. Cig also offers ABS discounts, company car discounts, good driving discounts, and more that Oregon Mutual does not.

On the flip side, Oregon Mutual has a couple unique discounts of its own -- csl discounts, discounts for getting driver training, legacy discounts, and more.

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

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. But, when it comes down to it, which insurance carrier is the best carrier for you and your specific driver profile?

Cig might be best for you if....

• You've been pulled over for speeding recently.
• Your home is located in the suburbs.
• You and your spouse are buying car insurance together.

Oregon Mutual might be best for you if...

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

We hope this guide helps you get a better idea of the difference between Cig and Oregon Mutual and that it aids in making a more informed decision about your insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from a handful of carriers, not just Cig and Oregon 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 insurance companies in your area, all for free.

Cig vs. Oregon Mutual FAQs

Is Cig or Oregon Mutual cheaper?

Looking just at the national average rates, Cig is the less expensive of the two carriers, offering average rates of $119 per month compared to $135 for Oregon Mutual. However, Cig won't necessarily be the lowest company for each driver, since there are several different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Cig or Oregon Mutual?

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

Why do Cig and Oregon Mutual offer me different rates?

Car insurance companies take a look at many different variables when calculating the rates they charge drivers. Things like age, gender, where you park your car, your driving record, and sometimes even things like your credit score can all be used. Both Cig and Oregon Mutual calculate premiums differently, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from many different carriers.

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

The only way to find the 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, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. With those, you can guarantee you're getting the most affordable price. And who knows, the best company for you might not be Cig or Oregon 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.