Country Financial vs. Gainsco: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Country Financial offers significantly cheaper rates than Gainsco
• Country Financial has less expensive prices for residents of urban areas
• Country Financial offers more affordable premiums for drivers who have less-than-stellar credit

Country Financial vs. Gainsco: 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 large discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Country Financial or Gainsco as your top options, but which one will save you the most?

Looking at nationwide averages, Country Financial has average rates that are about 35% per month more affordable than those from Gainsco.

That being said, Country Financial may not be the most affordable or best option for each driver out there. Auto insurance companies use tons of complex algorithms to calculate rates, so depending on how old you are or how clean your driving record is (among quite a few other factors), you could see wildly different prices from the ones above.

Luckily, we've broken down average premiums from both Country Financial and Gainsco by a bunch of different rate factors, so read on to find out which company is the best for you.

Country Financial or Gainsco: Average Car Insurance Rates by State

Country Financial and Gainsco only compete against each other in Arizona, where Country Financial offers the cheaper average rates. For Arizona residents, Country Financial offers car insurance for $151 monthly on average. Gainsco's average prices come out to be over 30% more expensive, at $205 a month.

There's a lot more that goes into your insurance payment than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance rates of any group out there on the road. Normally, 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 that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of more than $200 less a month by choosing Country Financial over Gainsco.

Even so, both carriers will offer you dramatically lower prices by the time you turn 25. For example, average premiums for Country Financial policyholders decrease over 45% and Gainsco's rates lower more than 60% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the cheapest auto insurance prices you'll ever find. After all, they've likely been driving for quite some time, which usually reduces their chances of accidents and other infractions that can increase premiums.

When looking at Country Financial and Gainsco specifically, which carrier is best for retired drivers? Country Financial gets the edge, with rates for drivers 65 and older $53 cheaper than the national average for Gainsco.

Which is the Best Company for Married Drivers?

Did you know that car insurance premiums are typically more expensive for those who are single than they are for married couples? That's generally because married drivers tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Country Financial is the clear winner for single drivers, with prices around $84 per month less expensive than Gainsco, on average. The advantage for married policyholders with Country Financial is also obvious, where drivers save nearly 30% a month.

Country Financial vs. Gainsco: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident. That means when it comes to insurance men will typically end up paying a little more.

With Country Financial, men usually pay about 2% more per month than women., and around 7% with Gainsco.

When it comes to the most affordable premiums for each gender, Country Financial offers the cheapest average prices for both men and women. On average, male drivers save about $72 a month and women save about $61 with Country Financial compared to the average Gainsco policyholder.

Country Financial or Gainsco: 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, auto insurance isn't the easiest topic to understand. There are so many different terms and limits that it can make it pretty confusing to find the right policy.

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

If you're looking for state minimum liability insurance, Country Financial normally offers significantly more affordable rates of $82 compared to Gainsco's $125. When it comes to full coverage policies with similar limits, Country Financial again has the edge, with policies around $90 per month cheaper than Gainsco, on average.

Is Country Financial or Gainsco Better for Drivers with Spotty Records?

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

Collisions and tickets will most likely raise your prices, but is Country Financial or Gainsco more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Country Financial policyholders can expect their rates to go up an average of $31 a month if they get a ticket, while Gainsco typically raises premiums about $18 per month, on average.

But Country Financial is generally the less expensive option for drivers both with a speeding ticket and with a clean record, offering prices that are $80 and $67 more affordable, respectively, compared to GAINSCO.

Which Company is Best for Drivers After an Accident?

Country Financial drivers who get in an accident can expect to see their premiums rise by just under 30%, while those who have insurance through Gainsco will see around a 20% increase.

Overall, Country Financial offers the lowest rates for drivers with an at-fault accident on their records, with monthly premiums averaging $147 compared to GAINSCO's $227.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your auto insurance bill. On average, Country Financial will raise your rates about 36% after a DUI, while Gainsco's average prices increase by just under 10%.

If you have a DUI on your record and are looking for more affordable premiums, Country Financial tends to be the much less expensive option with average rates of $165 per month compared to $203 from Gainsco.

How does Credit Score Impact Country Financial and Gainsco Rates?

Did you know that many insurance companies take into account your credit score when calculating prices? This isn't always the case (for example, Hawaii and Massachusetts are two states that ban the practice entirely), but it might come into play for many policyholders.

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

So, which company offers the most affordable premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Country Financial. Policyholders with "excellent" credit can save nearly 45% compared to Gainsco, and those with "good" scores can also expect to see savings -- around $84 or 41% cheaper every month.

Which Company is Best for Drivers with Bad Credit?

Country Financial typically offers lower rates than Gainsco when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about $78 a month less with Country Financial compared to Gainsco, and those with "poor" scores normally save an average of around $17 a month.

Is Country Financial or Gainsco 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 how much insurance companies will charge for coverage. Usually, the more miles you put on your car each year, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Gainsco charges. However, there's a small difference in monthly prices for Country Financial, with policyholders who drive the least paying about $2 less each month compared to those who drive 12,000 miles annually. Still, Country Financial is the less expensive option for drivers in both categories.

Country Financial vs. Gainsco: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a considerable impact on your monthly car insurance bill. Typically, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

Country Financial boasts the cheapest average rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Country Financial offers prices around $175 per month compared to Gainsco's $299. People who live in suburban ZIP codes can expect to pay about $131 per month for Country Financial and $180 for Gainsco. Lastly, those in rural areas tend to get the lowest rates from both carriers, with average monthly prices coming in at $109 and $136 for Country Financial and Gainsco respectively.

Country Financial vs. Gainsco Discounts

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

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

In the table below, we've compared all of the different discounts offered by Country Financial and Gainsco so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Country Financial knocks Gainsco out of the park when it comes to the sheer number of discounts available, offering six more discounts than Gainsco.

Both companies offer several of the same discounts -- like -- but Country Financial also offers anti-theft discounts, defensive driver discounts, driver training discounts, and more that Gainsco does not.

On the flip side, Gainsco has a couple unique discounts of its own -- advance quote discounts, discounts for being a homeowner, paid in full discounts, and more.

Final Thoughts: Is Country Financial or Gainsco Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, is Country Financial or Gainsco the right company for you and your specific driver profile?

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

• You have less-than-stellar credit.
• Your neighborhood is in the suburbs.
• You and your spouse are buying insurance together.

Gainsco might be best for you if...

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

We hope this guide helps you get a good idea of the differences between Country Financial and Gainsco. We also hope we've given you the information you need to make the best 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 companies, not just Country Financial and Gainsco. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of top auto insurance carriers in your area, all in just a few minutes.

Country Financial vs. Gainsco FAQs

Is Country Financial or Gainsco cheaper?

Looking just at the national average premiums, Country Financial is the cheaper of the two companies, offering average rates of $138 a month compared to $205 for Gainsco. However, Country Financial won't necessarily be the cheapest carrier for every driver, since there are lots of different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Country Financial or Gainsco?

Unfortunately, the real answer is "it depends.". No one company is necessarily "better" for everyone -- it all depends on what your unique car insurance profile looks like.

Why do Country Financial and Gainsco offer me different rates?

Insurance carriers take a look at several different factors when determining the rates they charge policyholders. Things such as gender, where you park your vehicle, age, your driving record, and sometimes even things like your credit score can all be used. Both Country Financial and Gainsco calculate prices differently, so each one will most likely offer different premiums. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from several different companies.

How do I know if Country Financial or Gainsco is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from several carriers 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 free quotes from dozens of the best car insurance companies in your area. With those, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Country Financial or Gainsco 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.