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

Quick Facts

• Based on national averages for insurance, Cincinatti Financial offers less expensive rates than Grange
• Cincinatti Financial offers more affordable prices for policyholders whose driving record contains an at-fault collision
• Grange may help you save more money -- they offer more discounts than Cincinatti Financial

Cincinatti Financial or Grange: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering big savings. But exactly how much can you save by switching?

You might be considering Cincinatti Financial or Grange, but between the two, which company has more affordable premiums for auto insurance?

Looking at the national average rates for both carriers, Grange has average rates that are around 20% a month more expensive than those from Cincinatti Financial.

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

Luckily, we've broken down average prices from both Cincinatti Financial and Grange by lots of different rate factors, so read on to find out which carrier is the best for you.

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

Cincinatti Financial and Grange only compete against each other in two states, with Cincinatti Financial offering more affordable rates to the average driver in all of them. If you live in Kentucky, Cincinatti Financial is the cheaper of the two carriers when looking at the overall average premiums. Grange is the less expensive option in Ohio.

There's a lot more that goes into your car insurance payment than just your home state. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for insurance compared to older drivers. It's generally because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of 10% less per month by choosing Cincinatti Financial over Grange.

Even so, with both companies, you'll see your prices decrease significantly by the time you turn 25. Grange offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Cincinatti Financial still has the lowest premiums at $193 a month.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between Cincinatti Financial and Grange? Cincinatti Financial gets the edge here, with average rates coming in at about $122 per month compared to Grange's $200.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive auto insurance premiums than married policyholders. That's normally because married drivers tend to own and insure several vehicles, which can often earn you a discount.

For those who are single, the difference in average rates between these two carriers is significant, with Cincinatti Financial prices coming in at around 15% less than Grange's. For married couples, the advantage is clear again - Cincinatti Financial has the edge when it comes to average premiums.

Cincinatti Financial or Grange: Average Rates by Gender

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

With Cincinatti Financial, women typically pay about $15 a month less than men, but with Grange, the difference is closer to $12 per month.

Looking at overall affordability, Cincinatti Financial comes out as the cheapest option for both genders, with average prices 19% less for men and 21% cheaper for women.

Cincinatti Financial vs. Grange: 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 a complicated subject for most people. There are so many different limits and coverages that it can make it pretty confusing to find the right policy for you.

However, most policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers and passengers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability coverage).

Looking specifically at state minimum liability insurance, Cincinatti Financial has the significant edge, with average monthly rates coming in at $106. If you want a full coverage policy with the same state minimum limits, Cincinatti Financial again has the edge, with policies averaging around $293 a month to Grange's $313.

Is Cincinatti Financial or Grange 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.

It's no secret secret that collisions and speeding tickets lead to higher rates, but which company -- Cincinatti Financial or Grange -- has the most affordable premiums for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

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

That being said, Cincinatti Financial has more affordable rates for drivers in both categories, offering premiums that are $58 and $92 less expensive, respectively, compared to Grange Insurance.

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 just under 45%, while those who have insurance through Grange will see about a 30% increase.

At the end of the day, drivers who use Cincinatti Financial end up with the cheaper prices after an accident, with average premiums coming in at $214 compared to Grange Insurance's $266.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or ticket when it comes to your auto insurance bill. Cincinatti Financial drivers usually see a 62% raise in their car insurance prices after a DUI charge, while Grange will normally increase rates by around 43%.

But if you end up with a DUI charge and are looking for more affordable premiums, Grange tends to be cheaper for the average driver, with monthly premiums coming in at about $314 to Cincinatti Financial's $320.

How does Credit Score Impact Cincinatti Financial and Grange Rates?

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

Auto insurance companies 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, drivers with good credit will often be rewarded with less expensive prices.

So, which carrier offers the cheapest premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Cincinatti Financial will typically reward you the most. For drivers with "excellent" credit scores, Cincinatti Financial comes in nearly 23.83 cheaper. Drivers with "good" credit scores generally save around 23% with Cincinatti Financial compared to average prices from Grange.

Which Company is Best for Drivers with Bad Credit?

Cincinatti Financial typically offers lower rates than Grange when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about 21% per month less with Cincinatti Financial compared to Grange, and those with "poor" scores normally save an average of around 18% monthly.

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

The amount of time you spend behind the wheel of your car plays a big role in your monthly prices. Usually, the more milage you put on your vehicle, 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 rates for Grange, with policyholders who drive the least paying about $2 less each month compared to those who drive 12,000 miles every year. Still, for drivers in both categories, Cincinatti Financial is the more affordable company.

Cincinatti Financial or Grange: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a sizable role in how much you pay for car insurance. Typically, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers due to the small number of cars that are on the roads where they live.

Cincinatti Financial tends to offer the most affordable prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save around $38 with Cincinatti Financial compared to Grange. People who live in suburban areas pay about $38 less with Cincinatti Financial compared to Grange. For policyholders in urban ZIP codes, Cincinatti Financial's average premiums are around $72 less than Grange Insurance.

Cincinatti Financial vs. Grange Discounts

You want to save as much money as you can, right? The best way to do that is by taking advantage of as many insurance discounts as possible.

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

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Cincinatti Financial and Grange so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Grange blows Cincinatti Financial away when it comes to the sheer amount of discounts available, offering 18 more discounts than Cincinatti Financial.

Both carriers offer lots of the same discounts -- like COVID-19 relief discount, discounts for being a good student, and group discounts -- but Grange also offers discounts for ABS, advanced safety feature, agency transfer, and more.

On the other hand, Cincinatti Financial has a few proprietary discounts of their own for things like advance quote discounts, homeowner discounts, and special large ded discounts.

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

You've seen the role certain variables have on your car insurance and the different discounts companies offer. But, when it comes down to it, is Cincinatti Financial or Grange the best carrier for you and your specific needs?

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

• You have a clean record.
• You want the most robust protection via a "full coverage" policy.
• You want to save money while purchasing auto insurance for a teenager.

Grange might be best for you if...

• Your driving record includes a DUI charge.
• You care about discounts (Grange offers the most).

Hopefully, this guide helps you get a good idea of the differences between Cincinatti Financial and Grange and that it aids in making a more informed decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from multiple carriers, not just Cincinatti Financial and Grange. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.

Cincinatti Financial vs. Grange FAQs

Is Cincinatti Financial or Grange cheaper?

Cincinatti Financial is the cheaper of the two carriers when looking at national average rates, with policies averaging $200 a month with Cincinatti Financial and $249 for Grange. Even so, that doesn't mean Cincinatti Financial will be the lowest carrier for everyone, since there are many different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Cincinatti Financial or Grange?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for each policyholder -- it all boils down to your unique auto insurance profile. For example, Cincinatti Financial is more affordable for drivers with excellent credit, while Grange offers less expensive prices for drivers with a recent DUI.

Why do Cincinatti Financial and Grange offer me different rates?

Insurance companies use several different variables when calculating the premiums they charge. Things such as age, your driving record, where you park your vehicle, gender, and sometimes even things like your credit score can all be taken into consideration. Both Cincinatti Financial and Grange calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from a range of different carriers.

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

The only way to find the car insurance company that's right for you is by getting quotes from a handful of 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 best price. And maybe you'll find that the best carrier for you isn't Cincinatti Financial or Grange 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.