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

Quick Facts

• Looking at the national averages for auto insurance, General Casualty offers significantly more affordable rates than Cincinatti Financial
• General Casualty has less expensive premiums for policyholders who haven't received any speeding tickets or been in an accident in the last few years
• General Casualty tends to be a much cheaper option for policyholders who may not have much of a commute

Cincinatti Financial vs. General Casualty: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? After all, you've seen ads from all sorts of companies offering sizable discounts. But exactly how much can you save by switching?

You might be considering Cincinatti Financial or General Casualty as potential options, but between the two, which carrier has less expensive prices for car insurance?

Looking at the national average rates for both companies, General Casualty has average rates that are about 30% per month more affordable than those from Cincinatti Financial.

But that doesn't necessarily mean General Casualty will be the cheaper option for each driver. Insurance carriers use a variety of complex algorithms to calculate rates, so depending on how clean your driving record is or how old you are (among quite a few other factors), you could see wildly different premiums from the ones above.

Wanting to know if Cincinatti Financial or General Casualty 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.

Cincinatti Financial or General Casualty: Average Car Insurance Rates by State

Cincinatti Financial and General Casualty only compete against each other in one states, with General Casualty offering more affordable prices to the average driver in all of them. Ohio has the most noticable difference, where General Casualty premiums are over 30% cheaper than auto insurance prices at Cincinatti Financial.

But there's more to insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how auto insurance companies determine your premiums. 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. It's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. For example, 18-year-old drivers pay an average of nearly $250 less a month by choosing General Casualty over Cincinatti Financial.

Even so, both carriers will reduce premiums by the time you turn 25. General Casualty offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. Cincinatti Financial's average prices lower more than 60% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the most affordable insurance rates you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for car insurance.

When looking at Cincinatti Financial and General Casualty specifically, which company is best for retired drivers? Cincinatti Financial gets the slight edge here, with average premiums coming in at around $122 a month compared to General Casualty's $124. That being said, the difference is only about 5%, so other factors will likely come into play when determining which carrier has the cheapest rates for you.

Which is the Best Company for Married Drivers?

Did you know that insurance premiums are normally more expensive for single policyholders than they are for married couples? That's because policies for married policyholders typically cover multiple cars, which quite a few companies will offer you a discount for.

When it comes to relationship status, General Casualty is the clear winner for single drivers, with rates around $81 per month less expensive than Cincinatti Financial, on average. The advantage is also clear for married drivers - General Casualty offers the lowest average prices.

Cincinatti Financial vs. General Casualty: Average Rates by Gender

Women usually to pay less for auto insurance than men. 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 premiums.

On average, men see rates about 6% a month higher with Cincinatti Financial, and almost 10% with General Casualty.

Looking at the data for each company specifically, General Casualty comes out on top for both men and women, with average prices $60 less for men and $61 cheaper for women.

Cincinatti Financial or General Casualty: 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 car insurance can be pretty complicated. There are so many different terms and limits that it can make it pretty confusing to find the right policy.

However, the most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which normally refers to having comprehensive and collision coverages alongside what you get with a liability policy).

If you're looking for state minimum limits for liability insurance, General Casualty generally offers more affordable premiums of $82 compared to Cincinatti Financial's $106. When it comes to full coverage policies with similar limits, General Casualty again has the edge, with policies around $100 per month cheaper than Cincinatti Financial, on average.

Is Cincinatti Financial or General Casualty 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.

At-fault accidents and tickets will most likely raise your rates, but is Cincinatti Financial or General Casualty less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Cincinatti Financial policyholders can expect their prices to go up an average of $21 a month if they get a ticket, while General Casualty typically raises rates about $43 per month, on average.

But General Casualty tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket, offering premiums that are 26% and 7% more affordable, 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 rise by over $90, while those who have insurance through General Casualty will see around a $55 increase.

Overall, General Casualty offers the most affordable rates for drivers with an at-fault accident on their records, with monthly premiums averaging $146 compared to Cincinatti Financial's $214.

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 car insurance bill -- normally a lot more than a collision or ticket. For example, Cincinatti Financial increases average rates by just under $200 a month -- that's over a 60% increase.

If you have a DUI on your record and are looking for more affordable prices, General Casualty tends to be the much less expensive option with average premiums of $186 monthly compared to $320 from Cincinatti Financial.

How does Credit Score Impact Cincinatti Financial and General Casualty Rates?

Did you know that many insurance companies take your credit score into account when calculating prices? This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it will come into play for a lot of policyholders.

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

So, which carrier offers the best premiums for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with General Casualty. Policyholders with "excellent" credit can save just under 30% compared to Cincinatti Financial, and those with "good" scores can also expect to see savings -- about $54 or 31% cheaper every month.

Which Company is Best for Drivers with Bad Credit?

General Casualty typically offers lower rates than Cincinatti Financial when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $59 per month less with General Casualty compared to Cincinatti Financial, and those with "poor" scores typically save an average of about $86 per month.

Is Cincinatti Financial or General Casualty 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 large impact on how much car insurance companies will charge for coverage? That's because the fewer miles you drive, the less likely you are to get into an accident and cause an insurance claim.

In this case, neither Cincinatti Financial or General Casualty report increasing premiums for drivers with higher annual mileage figures. Still, General Casualty comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle each year, with average prices of $139 a month for both.

Cincinatti Financial vs. General Casualty: 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 insurance, but the type of area you live in can have a big impact as well. Usually, if you live in an urban area with more cars on the road, you'll pay a little more for auto insurance, while the opposite is true for people in rural areas.

When comparing these two carriers side-by-side, General Casualty generally comes out as the cheapest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, General Casualty offers prices around $151 monthly compared to Cincinatti Financial's $220. People who live in suburban ZIP codes can expect to pay about $134 per month for General Casualty and $197 for Cincinatti Financial. Lastly, those in rural areas tend to get the most affordable premiums from both companies, with average monthly rates coming in at $131 and $182 for General Casualty and Cincinatti Financial respectively.

Cincinatti Financial vs. General Casualty 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 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 nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

In the table below, we've compared all of the different discounts offered by Cincinatti Financial and General Casualty so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, General Casualty has a slight advantage when it comes to total number of discounts. Cincinatti Financial offers a grand total of 10 discounts, while General Casualty has 12.

Both carriers offer quite a few of the same discounts -- like advance quote discounts, anti-theft discounts, and discounts for being a good student -- but General Casualty also offers distant student discounts, employee discounts, good driving discounts, and more that Cincinatti Financial does not.

On the flip side, Cincinatti Financial has a couple unique discounts of its own -- COVID-19 relief discount, group discounts, discounts for being a homeowner, and more.

Final Thoughts: Is Cincinatti Financial or General Casualty Best for You?

So, you've seen how different variables can affect your insurance premiums. We've shown you all the discounts each company offers, too. That's all well and good, but when it comes down to it, which insurance carrier is the right one for you and your specific needs?

General Casualty might be best for you if....

• You have a DUI charge on your record.
• You want basic car insurance coverage at the state minimum limits.
• You're married and plan to have both of your names on the vehicle's auto insurance policy.

Cincinatti Financial might be best for you if...

• You are over 65 years old and want to save some money on your insurance.

We hope this guide has ben a valuable resource as you compare Cincinatti Financial and General Casualty. We also hope we've given you the information you need to make the best decision about your car 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 multiple companies, not just Cincinatti Financial and General Casualty. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance carriers in your area, all for free.

Cincinatti Financial vs. General Casualty FAQs

Is Cincinatti Financial or General Casualty cheaper?

Looking just at the national average rates, General Casualty is the less expensive of the two companies, offering average rates of $139 a month compared to $200 for Cincinatti Financial. Even so, General Casualty won't necessarily be the lowest company for every policyholder, since there are lots of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Cincinatti Financial or General Casualty?

Sadly, the real answer is "it depends.". One carrier is not "better" for each driver -- it all comes down to what your unique insurance profile looks like. For example, General Casualty offers cheaper prices for single policyholders, while Cincinatti Financial is more affordable for drivers who have already retired.

Why do Cincinatti Financial and General Casualty offer me different rates?

Auto insurance carriers take a look at many different variables when determining the premiums they charge drivers. 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 Cincinatti Financial and General Casualty calculate rates using different formulas, so each one will most likely offer different prices. The only real way to see which company is the most affordable for you is by comparing personalized quotes from several different companies.

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

The only way to find the insurance carrier that's right for you is by getting quotes from a handful of carriers 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 ZIP code and you'll get free quotes from dozens of the best auto insurance companies in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Cincinatti Financial or General Casualty 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.