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

Quick Facts

• In general, Country Financial offers significantly cheaper prices than GEICO
• Country Financial has more affordable rates for residents of rural areas
• GEICO offers more discounts than COUNTRY Financial

Country Financial vs. GEICO: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering huge discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Country Financial or GEICO for your next policy, but between the two, which company will save you the most?

As you can see, GEICO has average rates that are about 25% per month more expensive than those from Country Financial when looking at the national average rates for insurance.

Even so, Country Financial may not be the cheapest or best option for every driver out there. Car insurance companies vary their prices depending on things like how clean your driving record is, how old you are, how good your credit score is, where you live, and all sorts of other factors, so premiums could change drastically from person to person.

Wanting to know if Country Financial or GEICO is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Country Financial or GEICO: Average Car Insurance Rates by State

Country Financial and GEICO compete against each other in seven states, with Country Financial offering less expensive prices to the average driver in all of them. Illinois has the most noticable difference, where Country Financial rates are over 60% cheaper than auto insurance premiums at GEICO.

That being said, there's a lot more that goes into your insurance bill than just your home state. Continue reading to learn more about how other factors will affect your rates.

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. That's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. As you can see above, teens who use Country Financial save more than $100 a month compared to those who use GEICO.

However, both carriers will offer you dramatically lower prices once you turn 25. GEICO offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Country Financial still has the lowest rates at $139 a month.

Which is the Best Company for Retired Drivers?

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

But who has the best rates for retired drivers between Country Financial and GEICO? Country Financial gets the edge, with premiums for drivers 65 and older nearly 30% more affordable than the national average for GEICO.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are usually less expensive for married policyholders than they are for single drivers? That's because policies for married drivers generally cover more than one car, which a lot of companies will offer you a discount for.

When it comes to relationship status, Country Financial is the clear winner for those who are single, with premiums around $48 per month cheaper than GEICO, on average. The advantage for married couples with Country Financial is also obvious, where drivers save almost 30% a month.

Country Financial vs. GEICO: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to auto insurance men will normally end up paying a little more.

With Country Financial, women usually pay about $3 per month less than men, while with GEICO, the difference is closer to $8 a month.

When it comes to the lowest prices for each gender, Country Financial comes out as the most affordable option for both genders, with average rates 26% less for men and 24% cheaper for women.

Country Financial or GEICO: 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 coverages and terms that it can make it pretty confusing to find the right policy.

The two most common policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with a liability policy).

If you're looking for state minimum liability limits, Country Financial typically offers more affordable prices of $82 compared to GEICO's $101. When it comes to full coverage policies with similar limits, Country Financial again has the edge, with policies around $75 per month less expensive than GEICO, on average.

Is Country Financial or GEICO 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.

You'll probably end up paying more with collisions and tickets on your record, but which of these two carriers offers the cheapest rates to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Country Financial policyholders can expect their premiums to go up an average of $31 a month if they get a ticket, while GEICO generally raises rates about $35 per month, on average.

But Country Financial tends to offer the best prices for drivers both with a speeding ticket and with a clean record. Drivers with a clean record can save around $10 a month and drivers with a ticket can save about $14 per month with COUNTRY Financial.

Which Company is Best for Drivers After an Accident?

Both companies will raise premiums pretty significantly if you get into an at-fault accident with GEICO climbing by $85. Country Financial has a less extreme increase, but you can still expect to pay over $40 more than you were prior to your first collision.

Overall, the more affordable prices come from Country Financial, with monthly rates averaging $147 compared to GEICO's $200.

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 -- typically a lot more than a collision or speeding ticket. On average, GEICO will increase your premiums around 58% after a DUI, while Country Financial's average prices rise by over 35%.

How does Credit Score Impact Country Financial and GEICO Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. 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 several drivers.

Auto insurance companies 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 carrier offers the best rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Country Financial or GEICO 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 premiums. Usually, those who drive less will end up with less expensive prices since there's less of a chance of getting into an accident and causing an insurance claim.

For both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure, Country Financial offers cheaper rates than GEICO. Country Financial's average premiums for drivers with 6,000 annual miles come in about $44 less expensive than GEICO. Those who drive 12,000 miles every year can expect to pay around $50 less with Country Financial over GEICO.

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

Where your home is can have a pretty big impact on your monthly car insurance payment. Normally, those who live in rural areas will pay less than drivers in urban areas because of the small number of cars that are on the roads in those areas.

When comparing these two carriers side-by-side, Country Financial generally comes out as the lowest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

For policyholders in urban ZIP codes, Country Financial offers prices about $175 monthly compared to GEICO's $211. People who live in suburban ZIP codes can expect to pay around $131 a month for Country Financial and $185 for GEICO. Lastly, those in rural areas tend to get the most affordable premiums from both companies, with average monthly prices coming in at $109 and $159 for Country Financial and GEICO respectively.

Country Financial vs. GEICO Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of as many car insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to find all the ones you can take advantage of or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've taken a look at all of the different discounts Country Financial and GEICO offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

GEICO knocks Country Financial out of the park when it comes to the sheer number of discounts available, offering 28 different discounts to Country Financial's 28.

There are a couple discounts both carriers offer, but GEICO also offers ABS discounts, commercial drivers license discounts, COVID-19 relief discount, and more that Country Financial does not.

On the flip side, Country Financial has a couple unique discounts of its own -- occupation discounts and simply drive discounts.

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

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. But, at the end of the day, which insurance carrier is the right carrier for you, your vehicle, and your wallet?

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

• You have a speeding ticket on your driving record.
• You want basic car insurance coverage at the state minimum limits.
• You have a short commute.

GEICO might be best for you if...

• You value the experience that comes with a large national auto insurance company.
• You care about discounts (GEICO offers the most).

We hope this guide helps you get a better idea of the difference between Country Financial and GEICO and that it aids in making a more informed decision about your 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 GEICO. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance companies in your area, all in just a few minutes.

Country Financial vs. GEICO FAQs

Is Country Financial or GEICO cheaper?

Looking just at the national average rates, Country Financial is the more affordable of the two carriers, offering average rates of $138 per month compared to $185 for GEICO. That being said, Country Financial won't necessarily be the cheapest carrier for everyone, since there are lots of different factors that are considered when it comes to your insurance cost.

Who is better, Country Financial or GEICO?

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

Why do Country Financial and GEICO offer me different rates?

Auto insurance companies take a look at lots of different variables when calculating the prices they charge drivers. Factors like age, where you live, gender, your driving record, and sometimes even things like your credit score can all come into play. Both Country Financial and GEICO calculate premiums differently, so each one will most likely offer different rates. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a range of different carriers.

How do I know if Country Financial or GEICO 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 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 information once and you'll get free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Country Financial or GEICO 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.