Cumberland Mutual vs. Erie: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Erie offers significantly cheaper premiums than Cumberland Mutual
• Cumberland Mutual offers more affordable average prices for policyholders who live in the suburbs
• Erie has less expensive rates for policyholders who don't have any speeding tickets, DUIs, or at-fault collisions on their record

Cumberland Mutual or Erie: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering large savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Cumberland Mutual or Erie as your top options, but between the two, which one will offer you more affordable premiums?

As you can see, Erie has average rates that are around 21% a month cheaper than those from Cumberland Mutual when looking at the national average rates for car insurance.

Even so, that doesn't necessarily mean Erie will be the less expensive option for every single driver. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, your credit score, where you call home, or even your age (among other things). So, at the end of the day, rates from each company will differ quite a bit from person to person.

Luckily, we've broken down average premiums from both Cumberland Mutual and Erie by a bunch of different rate factors, so read on to find out which carrier is the best for you.

Cumberland Mutual vs. Erie: Average Car Insurance Rates by State

Cumberland Mutual and Erie only compete against each other in two states, with Erie offering cheaper prices to the average driver in all of them. Maryland has the most noticable difference, where Erie premiums are $56 more affordable than auto insurance rates at Cumberland Mutual.

There are plenty of other factors that go into your insurance cost than just the state you live in. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for auto insurance compared to older drivers. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean teen drivers can't still save money on their car insurance. Just look at the table above -- where 18-year-old drivers who have Erie for their auto insurance pay almost 30% less than those who use Cumberland Mutual.

That being said, both companies will reduce prices by the time you turn 25. For example, average rates for Cumberland Mutual policyholders decrease about $250 and Erie's premiums lower over $150 over that time.

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 prices you'll ever find.

But who has the best rates for retired drivers between Cumberland Mutual and Erie? In this case, Erie has the slight edge, with premiums around $5 per month less than Cumberland Mutual. But the difference is only about 5%, so other factors (like your driving record is or your credit score) 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 rates are typically less expensive for married couples than they are for single policyholders? This usually boils down to married policyholders having more than one vehicle on their policy -- something several insurance carriers will reward with discounts.

For those who are single, the difference in average prices between these two companies is significant, with Erie premiums coming in at a quarter less than Cumberland Mutual's. The advantage for married drivers with Erie is also obvious, where drivers save more than 15% a month.

Cumberland Mutual or Erie: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll usually end up paying more for auto insurance than women.

Typically, women see prices around 5% per month less with Cumberland Mutual, and about 7% less with Erie when compared to their male counterparts.

Looking at the data for each carrier specifically, Erie comes out as the most affordable option for both genders, with average premiums 20% less for men and 22% cheaper for women.

Cumberland Mutual vs. Erie: 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 car insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different coverages and limits that it can be hard to find the right policy for you.

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 limits for liability insurance, Erie has the edge, with average monthly rates coming in at $91. If you want a full coverage policy with the same state minimum limits, Erie again has the edge, with policies averaging around $215 a month to Cumberland Mutual's $280.

Is Cumberland Mutual or Erie 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.

It's no secret secret that speeding tickets and collisions lead to higher premiums, but which company -- Cumberland Mutual or Erie -- has the cheapest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Cumberland Mutual for their auto insurance can generally expect their monthly bill to go up about 10% after getting a speeding ticket. Erie policyholders can expect a bit more drastic of an increase of around 13%.

Even so, Erie is typically the cheaper option for drivers both with a ticket and with a clean record -- their rates are around 30% more affordable for drivers with clean records and 27% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Cumberland Mutual drivers who get in an accident can expect to see their rates rise by just under $15, while those who have insurance through Erie will see about a $40 increase.

At the end of the day, Erie offers the lowest prices for drivers with an at-fault collision on their records, with average premiums coming in at $157 compared to Cumberland Mutual's $183.

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. On average, Erie will climb your rates around 40% after a DUI, while Cumberland Mutual's average prices increase by more than 25%.

How does Credit Score Impact Cumberland Mutual and Erie Rates?

Did you know many insurance carriers take into account your credit score when determining rates? This isn't true for everyone (Michigan, for example, has banned the use of credit score as an insurance factor) but it might come into play for quite a few policyholders.

Car insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

Looking at Cumberland Mutual and Erie specifically, which carrier has the best premiums 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 Cumberland Mutual or Erie 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 sizable impact on how much auto insurance carriers will charge for coverage? Generally, those who drive fewer miles will end up with cheaper prices since there's less of a chance of causing an accident and filing an insurance claim.

For both remote workers and those taking short commutes, Erie offers less expensive rates than Cumberland Mutual. Erie's average premiums for drivers with 6,000 annual miles come in about $45 more affordable than Cumberland Mutual. Those who drive 12,000 miles yearly can expect to pay around $35 less with Erie over Cumberland Mutual.

Cumberland Mutual or Erie: Compare Rates for Urban, Suburban, and Rural Drivers

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

When comparing these two companies side-by-side, Erie normally comes out as the less expensive option for drivers in rural and urban areas, while Cumberland Mutual wins in suburban areas.

In urban areas, Erie's average prices are about $194 per month compared to Cumberland Mutual's $330. People in suburban areas pay a monthly rate of around $132 with Cumberland Mutual compared to $145 with Erie. If you live in a rural area, you can expect to pay about $115 monthly with Erie and $116 with Cumberland Mutual.

Cumberland Mutual vs. Erie Discounts

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

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

Luckily, we did the hard work for you and looked at all of the different discounts Cumberland Mutual and Erie offer their customers so that you can see which company can save you the most money each month.

Erie blows Cumberland Mutual away when it comes to the sheer amount of discounts available, offering 21 different discounts to Cumberland Mutual's 15.

Both carriers offer quite a few of the same discounts -- like ABS discounts, discounts for being a defensive driver, discounts for getting driver training, and paid in full discounts -- but Erie also offers discounts for advance quote, COVID-19 relief, DRL, and more.

On the other hand, Cumberland Mutual has a few proprietary discounts of their own for things like employee discounts, good student discounts, new business discounts, and more.

Final Thoughts: Is Cumberland Mutual or Erie Best for You?

You've seen the effect certain variables have on your insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, which insurance carrier is the best carrier for you and your specific profile and needs?

Erie might be best for you if....

• Your driving record includes a DUI charge.
• You want the most robust protection via a "full coverage" policy.
• You live in a rural neighborhood.

Cumberland Mutual might be best for you if...

• Your home is located in the suburbs.

Hopefully, this guide helps you get a better idea of the difference between Cumberland Mutual and Erie. 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 auto insurance policy is to compare quotes from a handful of carriers, not just Cumberland Mutual and Erie. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top car insurance companies in your area, all in just a few minutes.

Cumberland Mutual vs. Erie FAQs

Is Cumberland Mutual or Erie cheaper?

Erie is the more affordable of the two carriers when looking at national average rates, with policies averaging $153 a month with Erie and $193 for Cumberland Mutual. But that doesn't mean Erie will be the most affordable company for every policyholder, since there are several different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Cumberland Mutual or Erie?

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

Why do Cumberland Mutual and Erie offer me different rates?

Insurance companies use many different variables when calculating the premiums they charge. Factors such as age, gender, where you park your vehicle, your driving record, and sometimes even things like your credit score can all be used. Both Cumberland Mutual and Erie use different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a range of different carriers.

How do I know if Cumberland Mutual or Erie is right for me?

The only way to find the auto insurance carrier 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 ZIP code and you'll get quotes from dozens of your local top car insurance carriers for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't Cumberland Mutual or Erie 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.