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

Quick Facts

• In general, Country Financial offers cheaper premiums than State Farm
• Country Financial tends to be a much more affordable option for drivers who have an at-fault accident on their record
• State Farm offers more discounts than COUNTRY Financial

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

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You might be considering Country Financial or State Farm as potential options, but which company has cheaper prices for auto insurance?

Looking at the national average rates for both companies, State Farm is about $20 more per month than Country Financial.

However, that doesn't necessarily mean Country Financial will be the more affordable option for every driver. Car insurance carriers use tons of complex algorithms to calculate rates, so depending on how good your credit score is or how old you are (among multiple other factors), you could see wildly different prices from the ones above.

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

Country Financial or State Farm: Average Car Insurance Rates by State

Country Financial and State Farm compete against each other in seven states, with Country Financial offering less expensive prices to the average driver in all of them. Alabama has the most noticable difference, where Country Financial rates are over 70% cheaper than auto insurance premiums at State Farm.

But there's more to car insurance than just your home state. As we mentioned above, there's a lot of things that go into how insurance companies determine your rates. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for car insurance than any other group of drivers. The reason is that young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean teen drivers can't still save money on their auto insurance. Just look at the table above -- where 18-year-old drivers who have Country Financial for their insurance pay $95 less than those who use State Farm.

Even so, both carriers will offer you dramatically lower prices by the time you turn 25. For example, average premiums for Country Financial policyholders drop more than $100 and State Farm's rates reduce around $200 over that time.

Which is the Best Company for Retired Drivers?

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

So, which carrier offers the best premiums to retired drivers? Country Financial gets the slight edge, with prices for drivers 65 and older about 5% less expensive than the national average for State Farm.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more affordable for married couples than they are for single drivers. That's typically because married policyholders tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, Country Financial is the clear winner for single policyholders, with prices around $23 a month less expensive than State Farm, on average. The advantage for married drivers with Country Financial is also obvious, where drivers save over 10% per month.

Country Financial vs. State Farm: Average Rates by Gender

Men are statistically more likely than women to get into an accident or get pulled over for speeding, which means they'll usually end up paying more for car insurance than women.

Men generally pay about 2% more a month than women with Country Financial, and around 7% with State Farm.

Looking at the data for each company specifically, Country Financial comes out on top for both men and women, with average premiums 15% less for men and 10% cheaper for women.

Country Financial or State Farm: 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. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

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

If you're looking for state minimum liability limits, Country Financial normally offers cheaper rates of $82 compared to State Farm's $99. When it comes to full coverage policies with similar limits, Country Financial again has the edge, with policies about $20 per month more affordable than State Farm, on average.

Is Country Financial or State Farm Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto 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 tickets and at-fault collisions on your record, but which of these two companies offers the lowest prices to drivers with spotty 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 State Farm typically raises rates around $21 per month, on average.

But Country Financial has cheaper premiums for drivers in both categories, offering rates that are 22% and 12% less expensive, respectively, compared to State Farm.

Which Company is Best for Drivers After an Accident?

Country Financial drivers who get in an accident can expect to see their prices increase by over $40, while those who have insurance through State Farm will see about a $30 increase.

Overall, drivers who use Country Financial end up with the cheaper prices after an accident, with monthly rates averaging $147 compared to State Farm's $163.

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 car insurance bill -- normally a lot more than a collision or speeding ticket. Country Financial drivers usually see a 36% increase in their auto insurance premiums after a DUI charge, while State Farm will typically raise prices by around 25%.

How does Credit Score Impact Country Financial and State Farm Rates?

Did you know that many insurance carriers take your credit score into account when calculating premiums? This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it might come into play for several policyholders.

Car insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with more affordable prices.

Looking specifically at Country Financial and State Farm, which carrier has the cheapest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Country Financial or State Farm 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 prices. Usually, those who drive fewer miles will end up with cheaper rates 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 yearly, as well as those who average twice that figure, Country Financial offers more affordable premiums than State Farm. State Farm's average rates for drivers with 6,000 annual miles come in just under $15 more expensive than Country Financial. Those who drive 12,000 miles annually can expect to pay $25 more with State Farm over Country Financial.

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

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

Country Financial tends to offer the lowest rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

Policyholders in rural ZIP codes see the cheapest prices from both carriers, but Country Financial comes out on top with average premiums about $109 monthly. Country Financial also has less expensive average prices for drivers in urban and suburban ZIP codes -- a 5% and 19% a month respective difference when compared to State Farm policyholders in similar areas.

Country Financial vs. State Farm Discounts

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

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you're eligible for.

In the table below, we've compared all of the different discounts offered by Country Financial and State Farm so that you can see which company can save you the most money each month.

State Farm blows Country Financial away when it comes to the sheer amount of discounts available, offering 13 more discounts than Country Financial.

There are a couple discounts both companies offer, but State Farm also offers ABS discounts, annual mileage discounts, distant student discounts, and more that Country Financial does not.

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

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

So, we've broken down the average rates for many of the variables insurance carriers look at, and we've shown you all the discounts each company offers. That's all well and good, but at the end of the day, which carrier is the best carrier for you and your specific needs?

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 is below-average.
• You are over 65 years old and want to save some money on your car insurance.

State Farm might be best for you if...

• You value the experience that comes with a large national auto insurance company.
• You have above-average credit.
• You care about discounts (State Farm offers the most).

We hope this guide helps you get a better idea of the difference between Country Financial and State Farm. We also hope we've given you the information you need to make the best decision about your car insurance.

At the end of the day, the sure-fire 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 State Farm. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance carriers in your area, all in just a few minutes.

Country Financial vs. State Farm FAQs

Is Country Financial or State Farm cheaper?

Looking just at the national average premiums, Country Financial is the more affordable of the two companies, offering average rates of $138 per month compared to $158 for State Farm. Even so, Country Financial won't necessarily be the lowest carrier for each policyholder, since there are many different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Country Financial or State Farm?

Sadly, 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. For example, Country Financial offers less expensive rates for drivers with a recent DUI, while State Farm is cheaper for drivers with excellent credit.

Why do Country Financial and State Farm offer me different rates?

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

How do I know if Country Financial or State Farm 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 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 auto insurance companies in your area. With those, you can guarantee you're getting the lowest rate. And who knows, the best carrier for you might not be Country Financial or State Farm 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.