Cig vs. The Hartford: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Cig offers significantly more affordable prices than The Hartford
• Cig has cheaper rates for drivers who have a speeding ticket on their driving record
• Cig offers less expensive average prices for policyholders who drive fewer than 6,000 miles every year

Cig or The Hartford: Which Company has the Cheapest Car Insurance?

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

You might be considering Cig or The Hartford, but which company will save you the most?

Looking at the national average rates for both carriers, The Hartford has average rates that are around 55% a month more expensive than those from Cig.

Even so, that doesn't necessarily mean Cig will be the more affordable option for every single driver. Insurance companies vary their premiums depending on things like where you live, how good your credit score is, how old you are, how clean your driving record is, and a variety of other factors. So, at the end of the day, rates from each carrier will differ quite a bit from person to person.

Wanting to know if Cig or The Hartford 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.

Cig vs. The Hartford: Average Car Insurance Rates by State

Cig and The Hartford only compete against each other in California, where Cig offers the cheaper average rates. Cig drivers tend to pay about $126 per month less on average compared to drivers who use The Hartford for their auto insurance.

That being said, there's a lot more that goes into your car insurance cost than just the state you live in. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for insurance compared to older drivers. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But that doesn't mean that teen drivers have to just accept sky-high car insurance premiums. As you can see above, teens who use Cig save almost 45% a month compared to those who use The Hartford.

However, with both carriers, you'll see your rates lower significantly by the time drivers turn 25. The Hartford offers the steepest reduction, with 25-year-olds paying a third less what 18-year-old drivers are charged. That being said, Cig still has the lowest prices at $119 monthly.

Which is the Best Company for Retired Drivers?

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

But who has the best rates for retired drivers between Cig and The Hartford? Cig gets the edge, with premiums for drivers 65 and older over 55% cheaper than the national average for The Hartford.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive insurance prices than married couples. That's usually because married drivers tend to own and insure multiple vehicles, which can often earn you a discount.

For those who are single, the difference in average premiums between these two companies is significant, with Cig rates coming in at about half of The Hartford's. The advantage is also clear for married policyholders - Cig offers the lowest average prices.

Cig or The Hartford: Average Rates by Gender

Men tend to pay more for auto insurance than women. This is because men are statistically more likely than women to cause a collision and get into accidents, which leads to increased risk for insurers and, therefore, higher rates.

On average, women see premiums around 3% per month less with Cig; men and women end up paying the same monthly prices with The Hartford.

When it comes to the cheapest rates for each gender, Cig comes out as the most affordable option for both genders. On average, male drivers save about $144 a month and women save about $148 with Cig compared to the average The Hartford policyholder.

Cig vs. The Hartford: 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.

It's no secret that insurance can be pretty complicated. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (that covers bodily injury and property damage for other drivers and passengers 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, Cig has the significant edge, with average monthly premiums coming in at $71. If you want a full coverage policy with the same state minimum limits, Cig again has the edge, with policies averaging around $166 per month to The Hartford's $394.

Is Cig or The Hartford Better for Drivers with Spotty Records?

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

Speeding tickets and collisions will most likely raise your rates, but is Cig or The Hartford less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Cig for their insurance can typically expect their monthly bill to go up about 21% after getting a speeding ticket. The Hartford policyholders can expect a bit more drastic of an increase of around 36%.

Even so, Cig has more affordable premiums for drivers in both categories, offering prices that are $38 and $85 less expensive, respectively, compared to The Hartford.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Cig can expect to see about an $30 -- or around 25% -- rise in their car insurance premiums. Drivers who use The Hartford for their insurance will see a monthly bill about $136 (or 52%) more expensive after reporting an accident to their car insurance carrier.

At the end of the day, Cig offers the lowest rates for drivers with an at-fault collision on their records, with average premiums coming in at $118 compared to The Hartford's $262.

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. On average, The Hartford will increase your rates around 73% after a DUI, while Cig's average prices climb by nearly 45%.

But if you end up with a DUI charge and are looking for more affordable premiums, Cig tends to be cheaper for the average driver, with monthly premiums coming in at about $157 to The Hartford's $474.

How does Credit Score Impact Cig and The Hartford Rates?

Did you know many auto insurance companies take into account your credit score when determining rates? This isn't true for everyone (for example, California and Hawaii are two states that ban the practice entirely), but it will come into play for quite a few drivers.

Insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which reduces the risk involved on their end, while the opposite is true for those with bad credit.

So, which company offers the best prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Generally, if you have excellent credit, you can expect to be rewarded. Jumping from a "good" credit score to an "excellent" one will usually save CIG Insurance customers around 15%. On the other hand, because undefined doesn't have data available for credit scores, they most likely don't use credit to calculate your premiums.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can cost you with CIG Insurance. As you can see, CIG Insurance customers with poor credit scores pay about 30% a month more than those with fair scores (and even more compared to drivers with good or excellent scores). undefined, on the other hand, doesn't have data available for credit scores, which means drivers with bad credit could find better rates with undefined over CIG Insurance.

Is Cig or The Hartford Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on how much car insurance companies will charge for coverage. Typically, those who drive less will end up with less expensive prices since there's less of a chance of causing an accident and filing an insurance claim.

For both remote workers and those taking short commutes, Cig offers more affordable rates than The Hartford. Cig average prices for drivers with 6,000 annual miles come in more than $100 cheaper than The Hartford. Those who drive 12,000 miles annually can expect to pay over $150 less with Cig over The Hartford.

Cig or The Hartford: 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 auto insurance, but the type of area you live in can have a big impact as well. Generally, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer cars on the road where they live, which lowers the chances of an accident.

When comparing these two carriers side-by-side, Cig normally comes out as the most affordable option for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, CIG Insurance's average prices are around 53% less than The Hartford. People who live in suburban areas pay about 54% less with Cig compared to The Hartford. Those in rural areas can expect to save around 58% with Cig compared to The Hartford.

Cig vs. The Hartford Discounts

No matter why you might be in the market for a new 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 car insurance discounts as possible.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

Luckily, we did the hard work for you and compared all of the different discounts offered by Cig and The Hartford so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Cig knocks The Hartford out of the park when it comes to the sheer number of discounts available, offering 25 different discounts to The Hartford's 13.

Both companies offer quite a few of the same discounts -- like anti-theft discounts, distant student discounts, employee discounts, and group discounts -- but Cig also offers discounts for advance quote, company car, good payer, and more.

On the other hand, The Hartford has a few proprietary discounts of their own like lay-up credit discounts and umbrella policy discounts.

Final Thoughts: Is Cig or The Hartford Best for You?

So, you've seen how different factors can affect your auto insurance rates. 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 best one for you and your specific driver profile?

Cig might be best for you if....

• You have less-than-stellar credit.
• You're looking for discounts -- Cig has the most.
• You're of retirement age and want to take advantage of lower premiums.

The Hartford 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 Cig and The Hartford. We also hope we've given you the information you need to make the best 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 auto insurance -- comparing quotes from a handful of carriers, not just Cig and The Hartford. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Cig vs. The Hartford FAQs

Is Cig or The Hartford cheaper?

Cig is the less expensive of the two carriers when looking at national average rates, with policies averaging $119 per month with Cig and $265 for The Hartford. However, that doesn't mean Cig will be the lowest company for each policyholder, since there are a range of different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Cig or The Hartford?

Unfortunately, the answer truly is "it depends.". No one carrier is "better" for everyone -- it all comes down to what your unique auto insurance profile looks like.

Why do Cig and The Hartford offer me different rates?

Car insurance companies use a lot of different factors when calculating the prices they charge. Things like gender, where you live, age, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Cig and The Hartford calculate premiums using different formulas, so it's likely they'll offer different prices. The best way to determine which company is the most affordable for you is by comparing personalized quotes from many different carriers.

How do I know if Cig or The Hartford 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, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the cheapest price. And maybe you'll find that the best company for you isn't Cig or The Hartford 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.