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

Quick Facts

• In general, Country Financial offers significantly cheaper prices than Memberselect
• Country Financial tends to be a much more affordable option for policyholders who drive fewer than 12,000 miles yearly
• Memberselect may help you save more money -- they offer more discounts than COUNTRY Financial

Country Financial or Memberselect: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering large savings. But exactly how much can you save by switching?

You've maybe even narrowed it down to Country Financial or Memberselect as your top options, but between the two, which one will offer you less expensive premiums?

Looking at nationwide averages, Country Financial has average rates that are around 50% a month more affordable than those from Memberselect.

That being said, that doesn't mean Country Financial will necessarily be less expensive than Memberselect for every single driver. Auto insurance carriers vary their rates depending on things like how good your credit score is, how clean your driving record is, where you live, how old you are, and a ton of other factors, so premiums will vary quite a bit from person to person.

So, if you want to find out which of Country Financial or Memberselect is really the best for you, keep reading to see average prices for each company broken down by a range of different rate factors.

Country Financial vs. Memberselect: Average Car Insurance Rates by State

Country Financial and Memberselect only compete against each other in Minnesota, where Country Financial offers the cheaper average rates. Country Financial drivers tend to pay about $85 per month less on average compared to drivers who use Memberselect for their insurance.

There are plenty of other factors that go into your car insurance bill than just where you live. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for auto insurance compared to older drivers. That's because teen 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. Just look at the table above -- where 18-year-old drivers who have Country Financial for their insurance pay almost 45% less than those who use Memberselect.

But both companies will offer you dramatically lower prices once you turn 25. For example, average premiums for Country Financial policyholders drop about $100 and Memberselect's prices lower around $200 over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best prices for retired drivers between Country Financial and Memberselect? Country Financial gets the edge, with rates for drivers 65 and older over 55% cheaper than the national average for Memberselect.

Which is the Best Company for Married Drivers?

Did you know that auto insurance premiums are typically more expensive for those who are single than they are for married drivers? This usually boils down to married policyholders having several vehicles on their policy -- something lots of car insurance carriers will reward with discounts.

For single policyholders, the difference in average rates between these two companies is significant, with Country Financial prices coming in at about half of Memberselect's. The advantage is also clear for married couples - Country Financial offers the cheapest average premiums.

Country Financial or Memberselect: Average Rates by Gender

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

Women normally pay around 2% a month less than men with Country Financial, and about 4% less with Memberselect when compared to their male counterparts.

When it comes to the lowest rates for each gender, Country Financial comes out as the cheapest option for both genders. On average, women save about $132 per month and men save around $140 with Country Financial compared to the average Memberselect policyholder.

Country Financial vs. Memberselect: 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.

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

The two most common policies end up falling into two different types of coverage -- liability coverage (which covers the other party's property damage and injuries if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability coverage).

Looking specifically at state minimum liability limits, Country Financial has the significant edge, with average monthly prices 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 about $194 a month to Memberselect's $366.

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

It's no secret -- drivers with good records end up getting the best deals on their car 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 collisions will most likely raise your premiums, but is Country Financial or Memberselect less expensive for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Country Financial for their insurance can typically expect their monthly bill to go up around 23% after getting a speeding ticket. Memberselect policyholders can expect a bit more drastic of an increase of about 24%.

Even so, Country Financial is normally the cheaper option for drivers both with a ticket and with a clean record. With COUNTRY Financial, drivers with a clean record can save around $74 per month and drivers with a speeding ticket can save about $101 a month.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault collision with Country Financial climbing by around 29%. Memberselect has a less extreme raise, but you can still expect to pay more than 15% more than you were prior to your first accident.

At the end of the day, the more affordable rates come from Country Financial, with average premiums coming in at $147 compared to MemberSelect Insurance Company's $216.

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 an accident. On average, Memberselect will climb your rates about 62% after a DUI, while Country Financial's average prices increase by over 35%.

But if you end up with a DUI charge and are looking for more affordable premiums, Country Financial tends to be cheaper for the average driver, with monthly premiums coming in at around $165 to Memberselect's $466.

How does Credit Score Impact Country Financial and Memberselect Rates?

You may not have known, but your credit score can come into play when companies determine your monthly bill. This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as a car insurance factor) but it will come into play for many drivers.

The reasoning auto insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with less expensive prices.

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

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Country Financial will usually reward you the most. For policyholders with "excellent" credit scores, Country Financial comes in nearly 37.63 more affordable. Drivers with "good" credit scores normally save about 44% with Country Financial compared to average premiums from Memberselect.

Which Company is Best for Drivers with Bad Credit?

Country Financial typically offers lower prices than Memberselect when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 52% per month less with Country Financial compared to Memberselect, and those with "poor" scores typically save an average of about 56% per month.

Is Country Financial or Memberselect Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly car insurance payment. That's because the more milage you put on your car, the more likely you are to be in a collision and file an insurance claim.

Country Financial tends to be the cheaper option for both remote workers and those taking short commutes. Country Financial's average rates for drivers with 6,000 annual miles come in just under 50% less expensive than Memberselect. Those who drive 12,000 miles annually can expect to pay more than 50% less with Country Financial over Memberselect.

Country Financial or Memberselect: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a substantial impact on your monthly auto insurance cost. Usually, those who live in urban areas will pay more than drivers in rural areas since there are a lot more vehicles on the roads where they live.

Country Financial tends to offer the lowest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Country Financial's average rates are around $175 a month compared to Memberselect's $294. People in suburban areas pay a monthly price of about $131 with Country Financial compared to $302 with Memberselect. Those in rural areas can expect to pay around $109 monthly with Country Financial and $228 with Memberselect.

Country Financial vs. Memberselect Discounts

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

But with what seems like a million different discounts out there, it can be hard to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you're eligible for.

Luckily, we did the hard work for you and looked at all of the different discounts Country Financial and Memberselect offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, Memberselect comes out ahead with 13 discounts to Country Financial's 10.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a good student, and multi-policy discounts. Memberselect also offers discounts for AAA, advance quote, distant student, and more.

On the other hand, Country Financial has a few proprietary discounts of their own for things like driver training discounts, occupation discounts, passive restraint discounts, and more.

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

So, you've seen how different factors can affect your auto insurance premiums. We've shown you all the discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the right fit for you?

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

• You've received a ticket for speeding recently and don't want to see your prices climb.
• You want the most robust protection via a "full coverage" policy.
• You want to save money while purchasing insurance for a teenager.

Memberselect might be best for you if...

• You're looking for discounts -- Memberselect has the most.

Hopefully, this guide has ben a valuable resource as you compare Country Financial and Memberselect and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from several companies, not just Country Financial and Memberselect. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP code below and get free quotes from dozens of the top car insurance carriers in your area, all in just a few minutes.

Country Financial vs. Memberselect FAQs

Is Country Financial or Memberselect cheaper?

Country Financial is the more affordable of the two companies when looking at national average rates, with policies averaging $138 per month with Country Financial and $274 for Memberselect. However, that doesn't mean Country Financial will be the most affordable carrier for every policyholder, since there are many different variables that come into play when it comes to your insurance payment.

Who is better, Country Financial or Memberselect?

Sadly, the answer truly is "it depends.". No one company is necessarily "better" for each policyholder -- it all comes down to what your unique car insurance profile looks like.

Why do Country Financial and Memberselect offer me different rates?

Auto insurance carriers use several different factors when determining the prices they charge. Things like gender, where you live, your driving record, age, and sometimes even things like your credit score can all come into play. Both Country Financial and Memberselect calculate premiums using different variables, so it's likely they'll offer different rates. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from lots of different companies.

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

The only way to find the car 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 area information and you'll get quotes from dozens of your local top insurance companies for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Country Financial or Memberselect 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.