Cincinatti Financial vs. Country Financial: Which Company is the Best Fit for You?

Quick Facts

• In general, Country Financial offers significantly less expensive prices than Cincinatti Financial
• Country Financial offers more affordable rates for policyholders who drive fewer than 12,000 miles yearly
• Country Financial offers cheaper average prices for drivers who have a speeding ticket on their driving record

Cincinatti Financial or Country Financial: 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 Cincinatti Financial or Country Financial as your top options, but which one has more affordable premiums for insurance?

Looking at the national average rates for both carriers, Cincinatti Financial is quite a bit more expensive than Country Financial, with rates averaging $200 a month compared to just $138 with Country Financial.

That being said, that doesn't necessarily mean Country Financial will be the cheaper option for every single driver. Car insurance companies vary their prices depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and all sorts of other factors. So, at the end of the day, rates from every company will differ quite a bit from person to person.

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

Cincinatti Financial vs. Country Financial: Average Car Insurance Rates by State

Cincinatti Financial and Country Financial only compete against each other in one states, with Country Financial offering more affordable prices to the average driver in all of them. Alabama has the most noticable difference, where Country Financial rates are $34 less expensive than insurance premiums at Cincinatti Financial.

But there's more to calculating auto insurance rates 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?

You might already know that teen drivers generally pay a lot more for insurance than any other group of drivers. It's usually because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean that teen drivers have to just accept sky-high auto insurance premiums. For example, 18-year-old drivers pay an average of almost 50% less per month by choosing Country Financial over Cincinatti Financial.

However, both carriers will lower prices by the time drivers turn 25. For example, average rates for Cincinatti Financial policyholders decrease around $300 and Country Financial's premiums drop over $100 over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best prices to retired drivers? Country Financial gets the edge, with premiums for drivers 65 and older nearly 15% cheaper than the national average for Cincinatti Financial.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are normally more affordable for married policyholders than they are for single drivers? That's because policies for married drivers generally cover several vehicles, which a lot of companies will give you a discount for.

For those who are single, the difference in average premiums between these two carriers is significant, with Country Financial rates coming in at a third less than Cincinatti Financial's. For married couples, the advantage is clear again - Country Financial has the edge when it comes to average prices.

Cincinatti Financial or Country Financial: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to car insurance men will typically end up paying a little more.

Women normally pay about $15 a month less than men with Cincinatti Financial, and around $3 with Country Financial.

Looking at overall affordability, Country Financial comes out as the lowest option for both genders. On average, male drivers save about $66 per month and women save about $56 with Country Financial compared to the average Cincinatti Financial policyholder.

Cincinatti Financial vs. Country Financial: 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 auto insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and coverages that it can be hard to find the right policy for you.

But the most common policies that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability).

Looking specifically at state minimum limits for liability insurance, Country Financial has the edge, with average monthly premiums coming in at $82. If you want a full coverage policy with the same state minimum limits, Country Financial again has the edge, with policies averaging around $194 a month to Cincinatti Financial's $293.

Is Cincinatti Financial or Country Financial Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their 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 rates, but is Cincinatti Financial or Country Financial less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Cincinatti Financial for their car insurance can usually expect their monthly bill to go up about 15% after getting a speeding ticket. Country Financial policyholders can expect a bit more drastic of an increase of around 23%.

Even so, Country Financial has cheaper premiums for drivers in both categories, offering rates that are $17 and $7 less expensive, respectively, compared to Cincinatti Financial.

Which Company is Best for Drivers After an Accident?

Cincinatti Financial drivers who get in an accident can expect to see their prices climb by just under 45%, while those who have insurance through Country Financial will see about a 30% increase.

At the end of the day, drivers who use Country Financial end up with the cheaper prices after an accident, with average rates coming in at $147 compared to Cincinatti Financial's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your auto insurance bill. On average, Cincinatti Financial will increase your premiums around 62% after a DUI, while Country Financial's average prices rise by more than 35%.

But if you end up with a DUI charge and are looking for more affordable premiums, Country Financial tends to be more affordable for the average driver, with monthly premiums coming in at about $165 to Cincinatti Financial's $320.

How does Credit Score Impact Cincinatti Financial and Country Financial Rates?

Did you know many insurance companies take your credit score into account when determining prices? This isn't true for everyone (California, for example, has banned the use of credit score as a car insurance factor) but it might come into play for quite a few policyholders.

Auto insurance carriers argue that those with poor credit scores are less likely to pay their bills on time each month, which raises the risk involved on their end, while the opposite is true for those with good credit.

Looking at Cincinatti Financial and Country Financial specifically, which company has the most affordable rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Country Financial will generally reward you the most. For policyholders with "excellent" credit scores, Country Financial comes in over 21.09 less expensive. Drivers with "good" credit scores normally save around 30% with Country Financial compared to average prices from Cincinatti Financial.

Which Company is Best for Drivers with Bad Credit?

Country Financial typically offers lower premiums than Cincinatti Financial when it comes to drivers with bad credit. Drivers with "fair" credit pay about 36% per month less with Country Financial compared to Cincinatti Financial, and those with "poor" scores typically save an average of around 33% per month.

Is Cincinatti Financial or Country Financial Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly rates. Usually, the more milage you drive, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Cincinatti Financial charges. However, there's a small difference in monthly prices for Country Financial, with policyholders who drive the least paying about $2 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Country Financial is the more affordable carrier.

Cincinatti Financial or Country Financial: 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 car insurance, but the type of area you live in can have a large impact as well. Generally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because of the small number of cars that are on the roads where they live.

When comparing these two companies side-by-side, Country Financial typically comes out as the cheapest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save around $73 with Country Financial compared to Cincinatti Financial. People who live in suburban areas pay about $66 less with Country Financial compared to Cincinatti Financial. For drivers in urban ZIP codes, COUNTRY Financial's average rates are around $45 less than Cincinatti Financial.

Cincinatti Financial vs. Country Financial 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 auto insurance discounts as possible.

But with what seems like a million different discounts out there, it can be difficult to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you're eligible for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Cincinatti Financial and Country Financial so that you can see which carrier can save you the most money each month.

Both carriers offer excellent discounts like anti-theft discounts, discounts for being a good student, and multi-policy discounts.

Final Thoughts: Is Cincinatti Financial or Country Financial Best for You?

So, you've seen how different factors can affect your car insurance premiums. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the best one for you and your specific profile and needs?

Country Financial might be best for you if....

• You have received a ticket within the last few years.
• Your home is located in the suburbs.
• Your neighborhood is in a rural area.

Cincinatti Financial 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 good idea of the differences between Cincinatti Financial and Country Financial and that you can now make a more informed decision when it comes to 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 companies, not just Cincinatti Financial and Country Financial. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

Cincinatti Financial vs. Country Financial FAQs

Is Cincinatti Financial or Country Financial cheaper?

Country Financial is the cheaper of the two companies when looking at national average prices, with policies averaging $138 a month with Country Financial and $200 for Cincinatti Financial. But that doesn't mean Country Financial will be the most affordable carrier for each policyholder, since there are lots of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Cincinatti Financial or Country Financial?

Sadly, the real answer is "it depends.". No single company is "better" for every policyholder -- it all comes down to what your unique insurance profile looks like.

Why do Cincinatti Financial and Country Financial offer me different rates?

Car insurance carriers use many different factors when calculating the rates they charge. Things such as where you park your vehicle, gender, age, where your home is, and sometimes even things like your credit score can all be used. Both Cincinatti Financial and Country Financial use different formulas, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from several different companies.

How do I know if Cincinatti Financial or Country Financial is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't Cincinatti Financial or Country Financial 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.