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

Quick Facts

• In general, Trustgard Auto offers significantly less expensive rates than Cincinatti Financial
• Cincinatti Financial offers more affordable prices for drivers who have received a ticket within the last few years
• Trustgard Auto has cheaper premiums for couples purchasing car insurance together

Cincinatti Financial vs. Trustgard Auto: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching your auto insurance. After all, you've seen ads from all sorts of companies offering big discounts. But exactly how much can you save by switching?

You might have narrowed your search down to Cincinatti Financial or Trustgard Auto as your top options, but which carrier has more affordable rates for auto insurance?

Looking at nationwide averages, Trustgard Auto has average rates that are about 30% per month less expensive than those from Cincinatti Financial.

But that doesn't necessarily mean Trustgard Auto will be the more affordable option for every single driver. Car insurance companies vary their prices depending on things like how old you are, how good your credit score is, where you live, how clean your driving record is, and all sorts of other factors, so rates could differ drastically from person to person.

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

Cincinatti Financial or Trustgard Auto: Average Car Insurance Rates by State

Cincinatti Financial and Trustgard Auto only compete against each other in one states, with Trustgard Auto offering cheaper premiums to the average driver in all of them. Tennessee has the most noticable difference, where Trustgard Auto prices are over 30% less expensive than auto insurance rates at Cincinatti Financial.

But there's more to insurance than just where you live. As we mentioned above, there's a lot of things that go into how auto insurance carriers calculate your premiums. Keep reading to learn more.

Which is the Best Company For Young Drivers?

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

Even so, that doesn't mean that teen drivers have to just accept sky-high car insurance prices. As you can see above, teens who use Trustgard Auto save nearly $150 a month compared to those who use Cincinatti Financial.

However, both companies will offer you dramatically lower premiums by the time drivers turn 25. For example, average rates for Cincinatti Financial policyholders drop more than $300 and Trustgard Auto's prices lower almost $250 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the lowest auto insurance premiums out there. After all, they've likely been driving for quite some time, which typically reduces their chances of accidents and other infractions that can increase rates.

So, which company offers the best prices to retired drivers? Trustgard Auto gets the edge, with rates for drivers 65 and older over 20% more affordable than the national average for Cincinatti Financial.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive car insurance premiums than married couples. That's because policies for married policyholders normally cover multiple cars, which a lot of carriers will offer you a discount for.

When it comes to relationship status, Trustgard Auto is the clear winner for those who are single, with rates around $72 per month cheaper than Cincinatti Financial, on average. The advantage for married drivers with Trustgard Auto is also obvious, where drivers save nearly 35% a month.

Cincinatti Financial vs. Trustgard Auto: Average Rates by Gender

Because men are more likely to get into collisions and get speeding tickets, they are more likely to file a claim with insurance. Therefore, men tend to pay more for insurance than women.

With Cincinatti Financial, men generally pay about $15 per month more than women, and almost $10 with Trustgard Auto.

Looking at the data for each carrier specifically, Trustgard Auto comes out as the most affordable option for both genders, with average premiums 31% less for men and 31% cheaper for women.

Cincinatti Financial or Trustgard Auto: 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.

Auto insurance isn't the easiest topic to understand. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

That being said, most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers and their passengers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability).

If you're looking for state minimum limits for liability insurance, Trustgard Auto usually offers significantly less expensive prices of $79 compared to Cincinatti Financial's $106. When it comes to full coverage policies with similar limits, Trustgard Auto again has the edge, with policies around $95 a month cheaper than Cincinatti Financial, on average.

Is Cincinatti Financial or Trustgard Auto Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great premiums 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 tickets and collisions lead to higher prices, but which company -- Cincinatti Financial or Trustgard Auto -- has the cheapest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Cincinatti Financial policyholders can expect their premiums to go up an average of $21 per month if they get a ticket, while Trustgard Auto typically raises rates about $50 a month, on average.

If you have a clean record, Trustgard Auto tends to offer the best prices at around 20% more affordable, while Cincinatti Financial has the edge for drivers with a speeding ticket.

Which Company is Best for Drivers After an Accident?

Both carriers will raise premiums pretty significantly if you get into an at-fault accident with Cincinatti Financial climbing by over $90. Trustgard Auto has a less extreme climb, but you can still expect to pay $35 more than you were prior to your first collision.

Overall, drivers who use Trustgard Auto end up with the cheaper prices after an accident, with monthly rates averaging $133 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 insurance bill -- generally a lot more than a collision or ticket. Cincinatti Financial drivers usually see a 62% increase in their car insurance prices after a DUI charge, while Trustgard Auto will typically raise rates by about 43%.

If you have a DUI on your record and are looking for more affordable prices, Trustgard Auto tends to be the much cheaper option with average premiums of $171 per month compared to $320 from Cincinatti Financial.

How does Credit Score Impact Cincinatti Financial and Trustgard Auto Rates?

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

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.

Looking at Cincinatti Financial and Trustgard Auto specifically, which company has the lowest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Trustgard Auto. Drivers with "excellent" credit can save just under 25% compared to Cincinatti Financial, and those with "good" scores can also expect to see savings -- around $44 or 26% more affordable every month.

Which Company is Best for Drivers with Bad Credit?

Trustgard Auto typically offers lower premiums than Cincinatti Financial when it comes to drivers with bad credit. Drivers with "fair" credit pay about $58 per month less with Trustgard Auto compared to Cincinatti Financial, and those with "poor" scores usually save an average of around $111 monthly.

Is Cincinatti Financial or Trustgard Auto 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. That's because the fewer miles you put on your car, the less likely you are to get into an accident and cause an insurance claim.

In this case, neither Cincinatti Financial or Trustgard Auto report increasing premiums for drivers with higher annual mileage figures. Still, Trustgard Auto comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average rates of $137 a month for both.

Cincinatti Financial vs. Trustgard Auto: 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 considerable impact as well. Normally, 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.

Trustgard Auto boasts the lowest average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Trustgard Auto Insurance's average rates are about 33% less than Cincinatti Financial. Drivers in suburban ZIP codes pay around 33% less with Trustgard Auto compared to Cincinatti Financial. If you live in a rural area, you can expect to save about 26% with Trustgard Auto compared to Cincinatti Financial.

Cincinatti Financial vs. Trustgard Auto Discounts

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

The challenging part is finding all of the discounts you're eligible for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

In the table below, we've broken down all of the different discounts offered by both Cincinatti Financial and Trustgard Auto so that you can find the one that has the most discounts and, therefore, the biggest savings.

Trustgard Auto knocks Cincinatti Financial out of the park when it comes to the sheer number of discounts available, offering 16 different discounts to Cincinatti Financial's 16.

Both companies offer several of the same discounts -- like advance quote discounts, anti-theft discounts, and discounts for being a defensive driver -- but Trustgard Auto also offers advanced safety feature discounts, company car discounts, distant student discounts, and more that Cincinatti Financial does not.

On the flip side, Cincinatti Financial has a couple unique discounts of its own -- discounts for being a homeowner, multi-policy discounts, paid in full discounts, and more.

Final Thoughts: Is Cincinatti Financial or Trustgard Auto Best for You?

So, we've broken down the average prices for many of the factors insurance carriers look at, and we've shown you all the discounts each carrier offers. But, at the end of the day, which insurance company is the right company for you and your specific needs?

Trustgard Auto might be best for you if....

• You have below-average credit.
• You live in an urban area.
• Your neighborhood is in a rural area.

Cincinatti Financial might be best for you if...

• You've been pulled over for speeding recently.

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

Cincinatti Financial vs. Trustgard Auto FAQs

Is Cincinatti Financial or Trustgard Auto cheaper?

Looking just at the national average rates, Trustgard Auto is the less expensive of the two companies, offering average rates of $137 per month compared to $200 for Cincinatti Financial. However, Trustgard Auto won't necessarily be the cheapest carrier for each driver, since there are a range 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 Trustgard Auto?

Unfortunately, the real answer is "it depends.". No single company is necessarily "better" for every driver -- it all depends on what your unique auto insurance profile looks like.

Why do Cincinatti Financial and Trustgard Auto offer me different rates?

Car insurance carriers take a look at several different factors when determining the premiums they charge policyholders. Things like where you call home, age, gender, where you park your car, and sometimes even things like your credit score can all be used. Both Cincinatti Financial and Trustgard Auto use different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

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

The only way to find the insurance company 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 car insurance companies in your area. With those, you can guarantee you're getting the cheapest price. And who knows, the best carrier for you might not be Cincinatti Financial or Trustgard Auto 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.