Countryway vs. Electric: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Countryway offers significantly more affordable prices than Electric
• Countryway offers more affordable rates for policyholders who have a clean driving record, free of accidents, tickets, or DUIs
• Electric offers more discounts than Countryway Insurance Company

Countryway vs. Electric: Which Company has the Cheapest Car Insurance?

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

You might have narrowed it down to Countryway or Electric for your next policy, but between the two, which company has less expensive prices for insurance?

As you can see, Countryway has average rates that are about 70% per month cheaper than those from Electric when looking at the national average rates for car insurance.

That being said, that doesn't mean Countryway will necessarily be more affordable than Electric for every driver. After all, insurance companies can offer drastically different rates to each driver depending on rating factors like your credit score, your age, where you call home, or even your driving record (among other things), so premiums will vary quite a bit from person to person.

So, if you want to find out which of Countryway or Electric is really the best for you, keep reading to see average rates for each carrier broken down by a range of different rate factors.

Countryway or Electric: Average Car Insurance Rates by State

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But there's more to calculating car insurance rates than just where you live. Keep reading to learn more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for auto insurance than any other group of drivers. It's normally 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. Just look at the table above -- where 18-year-old drivers who have Countryway for their insurance pay more than $400 less than those who use Electric.

But both carriers will lower prices once you turn 25. For example, average rates for Countryway policyholders reduce over $85 and Electric's premiums decrease around $300 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 cheapest prices you can find.

So, which company offers the best premiums to retired drivers? Countryway gets the edge, with prices for drivers 65 and older nearly 65% less expensive than the national average for Electric.

Which is the Best Company for Married Drivers?

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

When it comes to relationship status, Countryway is the clear winner for single policyholders, with prices about $216 a month more affordable than Electric, on average. For married couples, the advantage is clear again - Countryway has the edge when it comes to average rates.

Countryway vs. Electric: Average Rates by Gender

Did you know women usually pay less for car insurance than men? This is because men are statistically more likely than women to cause a collision and get into accidents, which leads to increased risk for insurers and, therefore, higher premiums.

Men generally pay around $5 per month more than women with Countryway, while with Electric, the difference is closer to $19 a month.

When it comes to the lowest prices for each gender, Countryway comes out on top for both men and women, with average premiums $189 less for men and $175 cheaper for women.

Countryway or Electric: 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, insurance isn't the easiest topic to understand. There are many different coverages that account for several different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum liability limits, Countryway normally offers significantly less expensive rates of $45 compared to Electric's $150. When it comes to full coverage policies with similar limits, Countryway again has the edge, with policies about $250 per month cheaper than Electric, on average.

Is Countryway or Electric 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 at-fault collisions and tickets on your record, but which of these two carriers offers the most affordable premiums to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Countryway policyholders can expect their rates to go up an average of $19 a month if they get a ticket, while Electric typically raises prices around $29 per month, on average.

However, Countryway is usually the less expensive option for both drivers who have clean records and those with a recent speeding ticket -- their rates are around 68% cheaper for drivers with clean records and 64% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Countryway drivers who get in an accident can expect to see their rates increase by over 30%, while those who have insurance through Electric will see about a 10% increase.

Overall, the less expensive prices come from Countryway, with monthly premiums averaging $95 compared to Electric Insurance Company's $236.

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 -- typically a lot more than a collision or ticket. Electric drivers usually see a 46% increase in their auto insurance rates after a DUI charge, while Countryway will usually raise premiums by around 27%.

If you have a DUI on your record and are looking for more affordable prices, Countryway tends to be the much more affordable option with average rates of $91 monthly compared to $385 from Electric.

How does Credit Score Impact Countryway and Electric Rates?

In many cases, your credit score can be used as one of the factors to calculate your monthly insurance prices. Certain states and companies do not allow for credit score to be used as a rating factor, but it might come into play for quite a few policyholders.

Car insurance carriers 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 cheaper premiums.

Looking at Countryway and Electric specifically, which one has the best 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 Countryway or Electric Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a big impact on your monthly auto insurance bill? Normally, the more miles you drive, the more you can expect to pay for coverage.

Countryway tends to be the more affordable option for both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure. Electric's average prices for drivers with 6,000 annual miles come in over $150 more expensive than Countryway. Those who drive 12,000 miles every year can expect to pay just under $200 more with Electric over Countryway.

Countryway vs. Electric: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a considerable impact on your monthly insurance cost. Generally, those who live in urban areas will pay more than drivers in rural areas because there are a lot more vehicles on the road in those areas, which increases the chances of an accident.

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

For drivers in urban ZIP codes, Countryway's average premiums are about $89 a month compared to Electric's $304. Drivers in suburban ZIP codes pay around $87 with Countryway compared to Electric's $234 a month. Those in rural areas can expect to pay about $77 monthly with Countryway compared to Electric's $262.

Countryway vs. Electric Discounts

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

The challenging part is finding all of the discounts you're eligible for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

Below, we've broken down all of the different discounts offered by both Countryway and Electric so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Electric blows Countryway away when it comes to the sheer amount of discounts available, offering 11 more discounts than Countryway.

There are a couple discounts both carriers offer, but Electric also offers ABS discounts, advance quote discounts, anti-theft discounts, and more that Countryway does not.

On the flip side, Countryway has a couple unique discounts of its own -- distant student discounts, employee discounts, and umbrella policy discounts.

Final Thoughts: Is Countryway or Electric Best for You?

So, we've broken down the average rates for many of the variables insurance companies look at, and walked through the different discounts each company offers, too. That's all well and good, but at the end of the day, which carrier is the best fit for you?

Countryway might be best for you if....

• Your credit is less-than-stellar.
• You're looking for more protection with "full coverage" car insurance.
• You are over 65 years old and want to save some money on your insurance.

Electric might be best for you if...

• You're looking for the company with the most discounts.

We hope this guide helps you get a better idea of the difference between Countryway and Electric. We also hope we've given you the information you need to make the best decision when it comes to your car 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 several carriers, not just Countryway and Electric. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Countryway vs. Electric FAQs

Is Countryway or Electric cheaper?

Looking just at the national average premiums, Countryway is the cheaper of the two carriers, offering average rates of $84 per month compared to $266 for Electric. Even so, Countryway won't necessarily be the most affordable carrier for everyone, since there are a variety of different factors that come into play when it comes to your auto insurance payment.

Who is better, Countryway or Electric?

Sadly, the answer truly is "it depends.". Neither company is "better" for everyone -- it all depends on the makeup of your unique car insurance profile.

Why do Countryway and Electric offer me different rates?

Auto insurance companies take a look at many different variables when calculating the prices they charge policyholders. Factors like age, where your home is, gender, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Countryway and Electric calculate rates differently, so each one will most likely offer different premiums. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Countryway or Electric is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the most affordable rate. And who knows, the best carrier for you might not be Countryway or Electric 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.