Concord Group vs. Main Street America: Which Company is the Best Fit for You?

Quick Facts

• In general, Concord Group offers significantly less expensive prices than Main Street America
• Concord Group offers cheaper average rates for drivers who have received a ticket within the last few years
• Main Street America offers more discounts than Concord Group Insurance

Concord Group vs. Main Street America: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You might have narrowed it down to Concord Group or Main Street America for your next policy, but which company has less expensive prices for insurance?

Looking at the national average rates for both companies, Main Street America has average rates that are about 65% per month more expensive than those from Concord Group.

Even so, that doesn't necessarily mean Concord Group will be the cheaper option for every driver. Auto insurance carriers vary their rates depending on things like how old you are, where you live, how clean your driving record is, how good your credit score is, and all sorts of other factors. So, at the end of the day, premiums from each company will differ quite a bit from person to person.

Luckily, we've broken down average rates from both Concord Group and Main Street America by a range of different rate factors, so read on to find out which carrier is the best for you.

Concord Group or Main Street America: Average Car Insurance Rates by State

Concord Group and Main Street America only compete against each other in one states, with Concord Group offering more affordable premiums to the average driver in all of them. Vermont has the most noticable difference, where Concord Group prices are over 70% cheaper than insurance rates at Main Street America.

That being said, there are plenty of other factors that go into your car insurance cost than just the state you live in. 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 auto insurance than any other group of drivers out there on the road. That's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Concord Group for their car insurance pay more than $300 less than those who use Main Street America.

But both companies will offer you dramatically lower premiums once you turn 25. For example, average rates for Concord Group policyholders reduce over $80 and Main Street America's premiums decrease around $250 over that time.

Which is the Best Company for Retired Drivers?

When it comes to auto insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices you'll ever find.

So, which company offers the best rates to retired drivers? Concord Group gets the edge here, with average premiums coming in at about $54 monthly compared to Main Street America's $181.

Which is the Best Company for Married Drivers?

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

When it comes to relationship status, Concord Group is the clear winner for those who are single, with rates around $175 a month more affordable than Main Street America, on average. The advantage for married policyholders with Concord Group is also obvious, where drivers save more than 70% per month.

Concord Group vs. Main Street America: Average Rates by Gender

Men tend to pay more for insurance than women. This is because men are more likely to get speeding tickets and get into collisions, which increases the chances of an insurance claim.

Usually, men see prices about $10 a month higher with Concord Group, but surprisingly, with Main Street America, men typically pay around $6 per month less than women.

When it comes to the cheapest premiums for each gender, Concord Group comes out as the most affordable option for both genders, with average prices $145 less for men and $161 cheaper for women.

Concord Group or Main Street America: 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.

Car insurance can be a complicated subject for most people. There are a bunch of different coverages that account for a variety of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

That being said, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which normally refers to having comprehensive and collision coverages alongside liability).

If you're looking for state minimum liability limits, Concord Group generally offers significantly less expensive rates of $47 compared to Main Street America's $159. When it comes to full coverage policies with similar limits, Concord Group again has the edge, with policies about $200 a month cheaper than Main Street America, on average.

Is Concord Group or Main Street America Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

You'll probably end up paying more with tickets and at-fault accidents on your record, but which of these two companies offers the cheapest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Concord Group policyholders can expect their rates to go up an average of $9 per month if they get a ticket, while Main Street America usually raises premiums around $61 a month, on average.

However, Concord Group is typically the less expensive option for drivers both with clean records and with a speeding ticket -- their rates are around 69% more affordable for drivers with clean records and 73% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Concord Group can expect to see about an $27 -- or around 33% -- increase in their auto insurance prices. Drivers who use Main Street America for their car insurance will see a monthly bill about $40 (or 19%) more expensive after reporting an accident to their auto insurance carrier.

Overall, the more affordable premiums come from Concord Group, with monthly prices averaging $82 compared to Main Street America Insurance's $215.

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 -- normally a lot more than a collision or ticket. Main Street America drivers usually see a 38% climb in their car insurance rates after a DUI charge, while Concord Group will generally increase prices by around 42%.

If you have a DUI on your record and are looking for more affordable rates, Concord Group tends to be the much less expensive option with average premiums of $95 per month compared to $283 from Main Street America.

How does Credit Score Impact Concord Group and Main Street America Rates?

You may not have known, but your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as a rating factor, but it might come into play for several drivers.

Insurance carriers argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, policyholders with bad credit will often be forced to pay more.

So, which company offers the lowest rates for drivers with poor, average, or good 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 Concord Group. Policyholders with "excellent" credit can save over 45% compared to Main Street America, and those with "good" scores can also expect to see savings -- about $71 or 52% cheaper every month.

Which Company is Best for Drivers with Bad Credit?

Concord Group typically offers lower premiums than Main Street America when it comes to drivers with bad credit. Drivers with "fair" credit pay around $105 per month less with Concord Group compared to Main Street America, and those with "poor" scores usually save an average of about $387 a month.

Is Concord Group or Main Street America Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a sizable impact on your monthly auto insurance bill. That's because the more miles you put on your vehicle, the more likely you are to get into an accident and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure, Concord Group offers more affordable prices than Main Street America. Concord Group average rates for drivers with 6,000 annual miles come in over $150 less expensive than Main Street America. Those who drive 12,000 miles annually can expect to pay more than $150 less with Concord Group over Main Street America.

Concord Group vs. Main Street America: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a large impact on your monthly car insurance payment. Typically, 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 in those areas.

Concord Group tends to offer the cheapest prices for drivers in every type of area, no matter if it's urban, suburban, or rural.

Drivers in rural ZIP codes see the lowest premiums from both companies, but Concord Group comes out on top with average rates around $66 per month. Concord Group also has cheaper average premiums for policyholders in urban and suburban ZIP codes -- a $183 and $154 a month respective difference when compared to Main Street America drivers in similar areas.

Concord Group vs. Main Street America Discounts

Regardless of 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 possible, and the best way to do that is by utilizing as many insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you're eligible for.

In the section below, we've taken a look at all of the different discounts Concord Group and Main Street America offer their customers so that you can see which one offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, Main Street America has the advantage when it comes to total number of discounts. Concord Group offers a grand total of 13 discounts, while Main Street America has 18.

There are a couple discounts both carriers offer, but Main Street America also offers distant student discounts, driver training discounts, DRL discounts, and more that Concord Group does not.

On the flip side, Concord Group has a couple unique discounts of its own -- advance quote discounts, COVID-19 relief discount, group discounts, and more.

Final Thoughts: Is Concord Group or Main Street America Best for You?

So, we've broken down the average prices for many of the factors car insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the right carrier for you and your specific needs?

Concord Group might be best for you if....

• You have a DUI charge on your record.
• You live in an suburban area.
• You are over 65 years old and want to save some money on your auto insurance.

Main Street America might be best for you if...

• You want to save extra money with discounts.

We hope this guide helps you get a better idea of the difference between Concord Group and Main Street America and that you can now make a more informed decision when it comes to your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several carriers, not just Concord Group and Main Street America. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.

Concord Group vs. Main Street America FAQs

Is Concord Group or Main Street America cheaper?

Looking just at the national average rates, Concord Group is the less expensive of the two carriers, offering average rates of $74 per month compared to $227 for Main Street America. But Concord Group won't necessarily be the most affordable carrier for everyone, since there are many different variables that come into play when it comes to your auto insurance bill.

Who is better, Concord Group or Main Street America?

Sadly, the only answer we can give you is "it depends.". No one company is "better" for each driver -- it all boils down to your unique insurance profile.

Why do Concord Group and Main Street America offer me different rates?

Car insurance companies take a look at lots of different factors when calculating the premiums they charge policyholders. Things like gender, age, where you call home, your driving record, and sometimes even things like your credit score can all be used. Both Concord Group and Main Street America calculate prices using different variables, so each one will most likely offer different rates. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Concord Group or Main Street America is right for me?

The only way to find the auto 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, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the most affordable rate. And who knows, the best carrier for you might not be Concord Group or Main Street America 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.