Country Financial vs. Farm Bureau Financial Services: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Country Financial offers less expensive rates than Farm Bureau Financial Services
• Country Financial may help you save more money -- they offer more discounts than Farm Bureau Financial Services
• Country Financial offers more affordable premiums for single people who will be the only person on the insurance policy

Country Financial or Farm Bureau Financial Services: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering hefty savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Country Financial or Farm Bureau Financial Services as your top options, but between the two, which carrier has cheaper rates for auto insurance?

As you can see, Farm Bureau Financial Services has average rates that are around 19% a month more expensive than those from Country Financial when looking at the national average rates for car insurance.

However, Country Financial may not be the most affordable or best option for every single driver out there. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, your credit score, your age, or even where you call home (among other things). So, at the end of the day, prices from each company will differ quite a bit from person to person.

Wanting to know if Country Financial or Farm Bureau Financial Services 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.

Country Financial vs. Farm Bureau Financial Services: Average Car Insurance Rates by State

Country Financial and Farm Bureau Financial Services only compete against each other in two states, with Country Financial offering more affordable prices to the average driver in all of them. If you live in Arizona, Country Financial is the less expensive of the two companies when looking at the overall average premiums. Farm Bureau Financial Services is the more affordable option in Minnesota.

But there's more to calculating car insurance prices than just where you call home. Read on to find out 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 normally because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean that teen drivers have to just accept sky-high car insurance rates. As you can see above, teens who use Country Financial save 25% per month compared to those who use Farm Bureau Financial Services.

But with both carriers, you'll see your premiums decrease significantly by the time you turn 25. Farm Bureau Financial Services offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Country Financial still has the cheapest prices at $139 monthly.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the lowest insurance premiums you'll ever see. After all, they've likely been driving for quite some time, which usually reduces their chances of collisions and other infractions that can raise rates.

But who has the best premiums for retired drivers between Country Financial and Farm Bureau Financial Services? Country Financial gets the edge, with prices for drivers 65 and older over 15% cheaper than the national average for Farm Bureau Financial Services.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive auto insurance rates than married couples. That's because policies for married drivers normally cover more than one vehicle, which a lot of companies will give you a discount for.

For single drivers, the difference in average prices between these two carriers is significant, with Country Financial premiums coming in at about 20% less than Farm Bureau Financial Services's. The advantage for married policyholders with Country Financial is also obvious, where drivers save around $30 a month.

Country Financial or Farm Bureau Financial Services: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents, which means they'll generally end up paying more for insurance than women.

With Country Financial, women usually pay about $3 per month less than men, but surprisingly, with Farm Bureau Financial Services, women usually pay around $5 a month more than men.

When it comes to the most affordable rates for each gender, Country Financial comes out as the lowest option for both genders. On average, male drivers save about $28 per month and women save about $36 with Country Financial compared to the average Farm Bureau Financial Services policyholder.

Country Financial vs. Farm Bureau Financial Services: 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.

For most people, car insurance can be pretty complicated. Everyone needs auto insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Country Financial has the slight 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 Farm Bureau Financial Services's $253.

Is Country Financial or Farm Bureau Financial Services 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.

Speeding tickets and at-fault accidents will most likely raise your rates, but is Country Financial or Farm Bureau Financial Services more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Country Financial for their auto insurance can typically expect their monthly bill to go up about 23% after getting a speeding ticket. Farm Bureau Financial Services policyholders can expect a less drastic increase of around 17%.

Even so, Country Financial has less expensive prices for drivers in both categories, offering rates that are 13% and 7% cheaper, respectively, compared to Farm Bureau Financial Services.

Which Company is Best for Drivers After an Accident?

Country Financial drivers who get in an accident can expect to see their prices rise by over $40, while those who have insurance through Farm Bureau Financial Services will see about a $65 increase.

At the end of the day, drivers who use Country Financial end up with the cheaper prices after an accident, with average premiums coming in at $147 compared to Farm Bureau Financial Services's $187.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even a collision. On average, Farm Bureau Financial Services will climb your prices around 46% after a DUI, while Country Financial's average premiums increase by more than 35%.

But if you end up with a DUI charge and are looking for more affordable rates, Country Financial tends to be less expensive for the average driver, with monthly premiums coming in at about $165 to Farm Bureau Financial Services's $226.

How does Credit Score Impact Country Financial and Farm Bureau Financial Services Rates?

In many cases, your credit score can be used as one of the variables to determine your monthly car insurance prices. This isn't true for everyone (Michigan, for example, has banned the use of credit score as an auto insurance factor) but it might come into play for several policyholders.

Auto insurance companies argue that those with good credit scores are more likely to pay their bills on time every month, which lowers the risk involved on their end, while the opposite is true for those with bad credit.

So, which company offers the best rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Country Financial will normally reward you the most. For policyholders with "excellent" credit scores, Country Financial comes in nearly NaN more affordable. Drivers with "good" credit scores generally save around 14% with Country Financial compared to average premiums from Farm Bureau Financial Services.

Which Company is Best for Drivers with Bad Credit?

Country Financial typically offers lower prices than Farm Bureau Financial Services when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about 21% per month less with Country Financial compared to Farm Bureau Financial Services, and those with "poor" scores typically save an average of around 26% a month.

Is Country Financial or Farm Bureau Financial Services Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly premiums. Usually, those who drive less will end up with cheaper rates since there's less of a chance of causing an accident and filing an insurance claim.

For both remote workers and those taking short commutes, Country Financial tends to be the more affordable option. Country Financial average premiums for drivers with 6,000 annual miles come in nearly $30 cheaper than Farm Bureau Financial Services. Those who drive 12,000 miles yearly can expect to pay more than $35 less with Country Financial over Farm Bureau Financial Services.

Country Financial or Farm Bureau Financial Services: 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, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer cars on the road where they live, which decreases the chances of an accident.

Country Financial boasts the lowest average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, COUNTRY Financial's average rates are about $21 less than Farm Bureau Financial Services. People who live in suburban areas pay around $28 less with Country Financial compared to Farm Bureau Financial Services. Those in rural areas can expect to save about $46 with Country Financial compared to Farm Bureau Financial Services.

Country Financial vs. Farm Bureau Financial Services Discounts

No matter why you might be in the market for a new car 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 utilizing as many insurance discounts as possible.

But where do you even start? With what seems like a million different discounts out there, it may be challenging to find all the ones you can take advantage of.

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

Looking at the total number of discounts, Country Financial comes out ahead with 10 discounts to Farm Bureau Financial Services's nine.

There are a couple discounts both carriers offer, but Country Financial also offers discounts for driver training, group discount, multi-policy, and more.

On the other hand, Farm Bureau Financial Services has a few proprietary discounts of their own for things like good driving discounts, life policy discounts, paid in full discounts, and more.

Final Thoughts: Is Country Financial or Farm Bureau Financial Services Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts companies offer. That's all well and good, but at the end of the day, which insurance company is the best company for you and your specific needs?

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

• You will be the only person on the car insurance policy.
• You're looking for the carrier with the most discounts.
• You drive fewer than 6,000 miles each year.

Farm Bureau Financial Services might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide has ben a valuable resource as you compare Country Financial and Farm Bureau Financial Services and that you can now make a more informed decision when it comes to 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 multiple carriers, not just Country Financial and Farm Bureau Financial Services. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Country Financial vs. Farm Bureau Financial Services FAQs

Is Country Financial or Farm Bureau Financial Services cheaper?

Country Financial is the less expensive of the two carriers when looking at national average prices, with policies averaging $138 a month with Country Financial and $170 for Farm Bureau Financial Services. But that doesn't mean Country Financial will be the cheapest company for every driver, since there are lots of different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Country Financial or Farm Bureau Financial Services?

Sadly, the only answer we can give you is "it depends.". No one carrier is "better" for each policyholder -- it all comes down to what your unique car insurance profile looks like.

Why do Country Financial and Farm Bureau Financial Services offer me different rates?

Insurance companies use lots of different factors when determining the premiums they charge. Variables like your driving record, age, gender, where you call home, and sometimes even things like your credit score can all be used. Both Country Financial and Farm Bureau Financial Services calculate prices using different formulas, so it's likely they'll offer different rates. The best way to determine which company is the most affordable for you is by comparing personalized quotes from many different carriers.

How do I know if Country Financial or Farm Bureau Financial Services is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from several 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 information once and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't Country Financial or Farm Bureau Financial Services 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.