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

Quick Facts

• In general, Wawanesa offers less expensive prices than Cig
• Cig may help you save more money -- they offer more discounts than Wawanesa Insurance
• Wawanesa has more affordable premiums for policyholders who have a short commute

Cig or Wawanesa: Which Company has the Cheapest Car Insurance?

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

You might have narrowed your search down to Cig or Wawanesa as potential options, but which one will offer you cheaper rates?

As you can see, Wawanesa is around $15 a month less expensive than Cig when looking at the national average rates for insurance.

However, that doesn't mean Wawanesa will necessarily be more affordable than Cig for every single driver. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, your credit score, your age, or even where you call home (among other things). So, at the end of the day, prices from each company will differ quite a bit from person to person.

Wanting to know if Cig or Wawanesa is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Cig vs. Wawanesa: Average Car Insurance Rates by State

Cig and Wawanesa only compete against each other in California, where Wawanesa offers the cheaper average prices. Wawanesa drivers tend to pay about $35 per month less on average compared to drivers who use Cig for their car insurance.

There's a lot more that goes into your insurance cost than just where you call home. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. Normally, that's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean teen drivers can't still save money on their insurance. As you can see above, teens who use Wawanesa save almost 30% a month compared to those who use Cig.

That being said, both companies will drop premiums once you turn 25. Wawanesa offers the steepest reduction, with 25-year-olds paying a third less what 18-year-old drivers are charged. Cig's average prices decrease over 50% during that same period.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the lowest auto insurance premiums you can find. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can raise rates.

When looking at Cig and Wawanesa specifically, which company is best for retired drivers? In this case, Cig has the slight edge, with prices about $1 per month less than Wawanesa. Even so, the difference is only around 5%, so other variables will likely come into play when determining which carrier has the cheapest premiums for you.

Which is the Best Company for Married Drivers?

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

For those who are single, the difference in average prices between these two companies is significant, with Wawanesa premiums coming in at about 15% less than Cig's. It's not quite so glaring for married drivers, where drivers who use Wawanesa save around $7 a month.

Cig or Wawanesa: Average Rates by Gender

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

On average, men see rates about 3% per month higher with Cig; and with Wawanesa, both genders end up paying the same monthly premium.

When it comes to the most affordable prices for each gender, Wawanesa offers the cheapest average rates for both men and women, with average premiums 14% less for men and 11% cheaper for women.

Cig vs. Wawanesa: 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.

For most people, insurance isn't the easiest topic to understand. There are several different coverages that account for multiple 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.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, alongside what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Wawanesa has the slight edge, with average monthly prices coming in at $64. If you want a full coverage policy with the same state minimum limits, Wawanesa again has the edge, with policies averaging around $144 a month to Cig's $166.

Is Cig or Wawanesa Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and accidents lead to higher rates, but which company -- Cig or Wawanesa -- has the lowest premiums for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Cig for their car insurance can normally expect their monthly bill to go up about 21% after getting a speeding ticket. Wawanesa policyholders can expect a bit more drastic of an increase of around 30%.

However, Wawanesa is usually the cheaper option for both drivers who have clean records and those with a recent ticket, offering rates that are $14 and $7 less expensive, respectively, compared to CIG Insurance.

Which Company is Best for Drivers After an Accident?

Cig drivers who get in a collision can expect to see their prices climb by $30, while those who have insurance through Wawanesa will see about a $40 increase.

At the end of the day, the cheaper premiums come from Wawanesa, with average prices coming in at $113 compared to CIG Insurance's $118.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly insurance bill -- generally a lot more than an accident or speeding ticket. For example, Cig increases average premiums by nearly $70 per month -- that's nearly a 45% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Wawanesa tends to be more affordable for the average driver, with monthly premiums coming in at around $125 to Cig's $157.

How does Credit Score Impact Cig and Wawanesa Rates?

You may not realized it, but your credit score can come into play when carriers determine your monthly bill. Certain states and companies do not allow for credit score to be used as a car insurance factor, but it will come into play for several policyholders.

Auto 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.

Looking at Cig and Wawanesa specifically, which carrier has the most affordable premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Usually, if you have stellar credit, you can expect to be rewarded. Jumping from a "good" credit score to an "excellent" one will typically save CIG Insurance customers about 15%. On the other hand, undefined doesn't have data available for credit scores, which means they most likely don't use credit to calculate your rates.

Which Company is Best for Drivers with Bad Credit?

Having bad credit can cost you with CIG Insurance. If your credit score is in the "poor" range, at CIG Insurance, you may pay around 30% more a month compared to 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 Wawanesa Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly car insurance payment. Normally, the more milage you put on your vehicle, the more you can expect to pay for coverage.

Wawanesa tends to be the less expensive option for both remote workers and those taking short commutes. Wawanesa's average prices for drivers with 6,000 annual miles come in about 13% cheaper than Cig. Those who drive 12,000 miles yearly can expect to pay around 11% less with Wawanesa over Cig.

Cig or Wawanesa: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a substantial impact on your monthly insurance bill. Typically, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

Wawanesa boasts the cheapest average rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about 10% with Wawanesa compared to Cig. People who live in suburban areas pay around 15% less with Wawanesa compared to Cig. For policyholders in urban ZIP codes, Wawanesa Insurance's average premiums are about 11% less than CIG Insurance.

Cig vs. Wawanesa Discounts

No matter 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 you can. That's where insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be hard to find all the ones you can take advantage of or to nail down the carrier 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 Cig and Wawanesa offer their customers 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 Wawanesa out of the park when it comes to the sheer number of discounts available, offering 23 more discounts than Wawanesa.

A couple of those are overlapping for things like discounts for being a good driver and mature driver discounts. Cig also offers discounts for ABS, advance quote, anti-theft, and more.

Wawanesa's discounts come through just two categories -- Good Driving and Mature Driver.

Final Thoughts: Is Cig or Wawanesa Best for You?

You've seen the role certain factors have on your car insurance and the different discounts companies offer. That's all well and good, but at the end of the day, is Cig or Wawanesa the best company for you, your vehicle, and your wallet?

Wawanesa might be best for you if....

• You haven't received any speeding tickets or been in a collision in the last few years.
• You have an at-fault collision on your record.
• You want to save money while purchasing auto insurance for a teenager.

Cig might be best for you if...

• Your credit score is high.
• You're looking for the company with the most discounts.
• You're of retirement age and want to take advantage of lower prices.

Hopefully, this guide helps you get a better idea of the difference between Cig and Wawanesa. We also hope we've given you the information you need to make the best decision when it comes to your car 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 multiple carriers, not just Cig and Wawanesa. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

Cig vs. Wawanesa FAQs

Is Cig or Wawanesa cheaper?

Wawanesa is the more affordable of the two carriers when looking at national average rates, with policies averaging $104 per month with Wawanesa and $119 for Cig. Even so, that doesn't mean Wawanesa will be the lowest carrier for each policyholder, since there are a variety of different variables that are considered when it comes to your insurance payment.

Who is better, Cig or Wawanesa?

Unfortunately, the only answer we can give you is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique auto insurance profile looks like. For example, Cig is cheaper for drivers who have less-than-stellar credit scores, while Wawanesa offers less expensive premiums for drivers with an at-fault accident on their record.

Why do Cig and Wawanesa offer me different rates?

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

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

The only way to find the auto insurance company 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 information once and you'll get quotes from dozens of your local top car insurance carriers for free. That way, you can guarantee you're getting the lowest rate. And maybe you'll find that the best carrier for you isn't Cig or Wawanesa 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.