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

Quick Facts

• Looking at the national averages for auto insurance, Oregon Mutual offers slightly more affordable premiums than Country Financial
• Country Financial has cheaper rates for policyholders who live in rural neighborhoods
• Oregon Mutual offers more affordable premiums for policyholders whose driving record contains an at-fault collision

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

So, you're thinking about switching to a new insurance policy. You've probably seen commercials and billboards from companies offering substantial savings, but exactly how much money can you save by switching?

You've maybe even narrowed it down to Country Financial or Oregon Mutual, but which carrier has less expensive prices for car insurance?

As you can see, Country Financial is around $3 more a month than Oregon Mutual when looking at the national average rates for auto insurance.

But that doesn't mean Oregon Mutual will necessarily be cheaper than Country Financial for each driver. Car insurance carriers vary their rates depending on things like how good your credit score is, where you live, how old you are, how clean your driving record is, and all sorts of other factors, so premiums could differ drastically from person to person.

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

Country Financial vs. Oregon Mutual: Average Car Insurance Rates by State

Country Financial and Oregon Mutual only compete against each other in one states, with Country Financial offering less expensive premiums to the average driver in all of them. Oregon has the most noticable difference, where Country Financial rates are $34 more affordable than insurance prices at Oregon Mutual.

But there's more to calculating auto insurance rates than just your home state. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. It'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 prices, teen drivers can still find ways to save money. As you can see above, teens who use Country Financial save almost 25% per month compared to those who use Oregon Mutual.

However, both companies will offer you dramatically lower premiums by the time you turn 25. Oregon Mutual offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Country Financial's average prices drop over 45% during that same period.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest premiums out there.

When looking at Country Financial and Oregon Mutual specifically, which carrier is best for retired drivers? In this case, Oregon Mutual has the slight edge, with rates about $5 a month less than Country Financial. That being said, the difference is only around 5%, so other factors (like your credit score or your driving record) will likely come into play when determining which company has the lowest prices for you.

Which is the Best Company for Married Drivers?

Did you know that car insurance premiums are generally more expensive for those who are single than they are for married drivers? This usually boils down to married policyholders having multiple vehicles on their policy -- something quite a few insurance carriers will reward with discounts.

For single drivers, the difference in average rates between these two companies is not very significant, with Country Financial premiums coming in at about 2% less than Oregon Mutual's. The advantage for married couples is more obvious, where drivers who use Oregon Mutual save more than 10% per month.

Country Financial or Oregon Mutual: Average Rates by Gender

Because women are less likely to get into accidents and get speeding tickets, they have a decreased chance of filing a claim with insurance. So, insurance carriers will often charge women less than men.

With Country Financial, women normally pay around 2% a month less than men, but with Oregon Mutual, the difference is closer to 9% per month.

When it comes to the most affordable rates for each gender, Oregon Mutual is the lowest carrier for women. Rates with Oregon Mutual are $8 cheaper for women, while with Country Financial, men can save about $8.

Country Financial vs. Oregon Mutual: 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.

Auto insurance can be a complicated subject for most people. There are so many different terms and coverages that it can make it pretty confusing to find the right policy for you.

Even so, most policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, alongside what you get with a liability policy).

When it comes to state minimum liability limits, Country Financial has the edge, while Oregon Mutual offers the cheapest average prices for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $15 with COUNTRY Financial, while full coverage comes out to be around $20 less expensive with Oregon Mutual.

Is Country Financial or Oregon Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

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

Which Company is Best for Drivers with Speeding Tickets?

Drivers who use Country Financial for their insurance can typically expect their monthly bill to go up about 23% after getting a speeding ticket. Oregon Mutual policyholders can expect a less drastic increase of around 9%.

If you have gotten a ticket, Oregon Mutual tends to offer the best prices at about 10% more affordable, while Country Financial has the edge for drivers with a clean record.

Which Company is Best for Drivers After an Accident?

Country Financial policyholders who get in an accident can expect to see their rates rise by just under 30%, while those who have insurance through Oregon Mutual will see around a 15% increase.

At the end of the day, the cheaper prices come from Oregon Mutual, with average premiums coming in at $133 compared to COUNTRY Financial's $147.

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 speeding ticket or even a collision. For example, Oregon Mutual increases average rates by $60 a month -- that's more than a 35% increase.

But if you end up with a DUI charge and are looking for more affordable prices, Country Financial tends to be less expensive for the average driver, with monthly premiums coming in at about $165 to Oregon Mutual's $171.

How does Credit Score Impact Country Financial and Oregon Mutual 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 (for example, Hawaii and Michigan are two states that ban the practice entirely), but it does affect many drivers out there.

Auto insurance carriers argue that those with poor credit scores are less likely to pay their bills on time every month, which raises the risk involved on their end, while the opposite is true for those with good credit.

So, which company offers the cheapest premiums for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Country Financial will generally reward you the most. For drivers with "excellent" credit scores, Country Financial comes in NaN more affordable. Drivers with "good" credit scores typically save around 0% with Country Financial compared to average rates from Oregon Mutual.

Which Company is Best for Drivers with Bad Credit?

If you have less-than-perfect credit, it can be somewhat of a toss-up as far as which company offers you the best premiums. Drivers with "fair" credit pay about 2% less with Country Financial than Oregon Mutual, but those whose credit is considered "poor" have it flipped -- saving around 9% per month with Oregon Mutual.

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

How much you drive can have a big impact on how much car insurance companies will charge for coverage. That's because the fewer miles you put on your vehicle, the less likely you are to be in an accident and file an insurance claim.

Oregon Mutual tends to be the cheaper option for both remote workers and those taking short commutes. Oregon Mutual's average prices for drivers with 6,000 annual miles come in about $5 more affordable than Country Financial. Those who drive 12,000 miles yearly can expect to pay around $2 less with Oregon Mutual over Country Financial.

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

Where you park your car can play a large role in how much you pay for auto insurance. Normally, those who live in rural areas will pay less than policyholders in urban areas due to the small number of vehicles that are on the roads where they live.

Looking at these carriers side-by-side, Country Financial usually comes out as the cheaper option for drivers in rural and suburban areas, while Oregon Mutual wins in urban areas.

For drivers in urban ZIP codes, Oregon Mutual's average prices are about 14% less than COUNTRY Financial. People who live in suburban areas pay around 5% less with Country Financial compared to Oregon Mutual. Those in rural areas can expect to save about 5% with Country Financial compared to Oregon Mutual.

Country Financial vs. Oregon Mutual Discounts

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

But with what seems like a million different discounts out there, it can be challenging 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 compared all of the different discounts offered by Country Financial and Oregon Mutual so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Overall, Oregon Mutual comes out ahead with 15 discounts to Country Financial's 10.

There are a couple discounts both companies offer, but Oregon Mutual also offers discounts for advance quote, csl discount, distant student, and more.

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

Final Thoughts: Is Country Financial or Oregon Mutual Best for You?

So, you've seen how different variables can affect your car insurance premiums. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, is Country Financial or Oregon Mutual the best one for you, your vehicle, and your wallet?

Oregon Mutual might be best for you if....

• You care about discounts (Oregon Mutual offers the most).
• You're of retirement age and want to take advantage of lower rates.
• You drive fewer than 12,000 miles each year.

Country Financial might be best for you if...

• You don't have any speeding tickets, DUIs, or at-fault accidents on your record.
• Your credit score is high.
• You want to save money while purchasing auto insurance for a teenager.

Hopefully, this guide helps you get a better idea of the difference between Country Financial and Oregon Mutual and that it aids in making a more informed decision about your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from multiple carriers, not just Country Financial and Oregon Mutual. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Country Financial vs. Oregon Mutual FAQs

Is Country Financial or Oregon Mutual cheaper?

Oregon Mutual is the less expensive of the two carriers when looking at national average prices, with policies averaging $135 a month with Oregon Mutual and $138 for Country Financial. But that doesn't mean Oregon Mutual will be the lowest company for every driver, since there are a range of different factors that come into play when it comes to your insurance bill.

Who is better, Country Financial or Oregon Mutual?

Sadly, the answer truly is "it depends.". No one carrier is "better" for each policyholder -- it all boils down to your unique car insurance profile. For example, Oregon Mutual is more affordable for drivers who have already retired, while Country Financial offers cheaper rates for single policyholders.

Why do Country Financial and Oregon Mutual offer me different rates?

Insurance companies use lots of different variables when determining the prices they charge. Things like age, your driving record, where you live, gender, and sometimes even things like your credit score can all be used. Both Country Financial and Oregon Mutual calculate premiums differently, so it's likely they'll offer different prices. The best way to determine which company is the most affordable for you is by comparing personalized quotes from multiple different carriers.

How do I know if Country Financial or Oregon Mutual 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 ZIP code and you'll get quotes from dozens of your local top insurance carriers for free. With those, you can guarantee you're getting the lowest price. And maybe you'll find that the best company for you isn't Country Financial or Oregon Mutual 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.