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

Quick Facts

• Based on national averages for car insurance, GEICO offers slightly cheaper prices than Cumberland Mutual
• Cumberland Mutual offers less expensive average premiums for drivers who have an at-fault accident on their record
• GEICO offers more affordable rates for residents of urban areas

Cumberland Mutual vs. GEICO: 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 Cumberland Mutual or GEICO as potential options, but which company will offer you more affordable prices?

As you can see, GEICO is about $8 per month cheaper than Cumberland Mutual when looking at the national average rates for auto insurance.

But GEICO may not be the cheapest or best option for every driver out there. Car insurance companies vary their premiums depending on things like where you live, how good your credit score is, how clean your driving record is, how old you are, and a ton of other factors, so prices could differ drastically from person to person.

Wanting to know if Cumberland Mutual or GEICO is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Cumberland Mutual or GEICO: Average Car Insurance Rates by State

Cumberland Mutual and GEICO only compete against each other in two states, with GEICO offering less expensive premiums to the average driver in all of them. Pennsylvania has the most noticable difference, where Cumberland Mutual prices are over 40% more affordable than insurance premiums at GEICO.

But there's more to calculating auto insurance rates than just where you live. Read on to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for car insurance than any group on the road. The reason is that young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

Even so, that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of more than $80 less a month by choosing GEICO over Cumberland Mutual.

That being said, with both carriers, you'll see your premiums lower significantly by the time you turn 25. For example, average rates for Cumberland Mutual policyholders drop over 55% and GEICO's prices reduce more than 55% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the most affordable auto insurance premiums you can find. After all, they've likely been driving for quite some time, which generally decreases their chances of accidents and other infractions that can increase rates.

So, which company offers the best prices to retired drivers? Cumberland Mutual gets the edge, with premiums for drivers 65 and older nearly 20% less expensive than the national average for GEICO.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive insurance prices than married couples. That's because policies for married drivers normally cover multiple cars, which many companies will offer you a discount for.

When it comes to relationship status, GEICO is the winner for single policyholders, with rates around $20 per month cheaper than Cumberland Mutual, on average.

Cumberland Mutual vs. GEICO: Average Rates by Gender

Did you know men tend to pay more for car insurance than women? This is because men are statistically more likely than women to get into an accident or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher premiums.

Women generally pay almost $10 a month less than men with Cumberland Mutual, and about $10 cheaper with GEICO when compared to their male counterparts.

Looking at the data for each carrier specifically, GEICO offers the lowest average prices for both men and women, with average rates $8 less for men and $7 cheaper for women.

Cumberland Mutual or GEICO: 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 multiple different coverages that account for a bunch of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

However, the most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which typically refers to having comprehensive and collision coverages in addition to what you get with a liability policy).

If you're looking for state minimum liability limits, GEICO normally offers slightly more affordable premiums of $101 compared to Cumberland Mutual's $106. When it comes to full coverage policies with similar limits, GEICO again has the edge, with policies around $10 per month less expensive than Cumberland Mutual, on average.

Is Cumberland Mutual or GEICO Better for Drivers with Spotty Records?

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

It's no secret secret that tickets and collisions lead to higher prices, but which company -- Cumberland Mutual or GEICO -- has the cheapest rates for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Cumberland Mutual policyholders can expect their prices to go up an average of $18 a month if they get a ticket, while GEICO usually raises premiums about $35 per month, on average.

That being said, GEICO has more affordable rates for drivers in both categories -- their rates are around 32% cheaper for drivers with clean records and 20% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Cumberland Mutual drivers who get in a collision can expect to see their prices rise by just under $15, while those who have insurance through GEICO will see around a $85 increase.

Overall, Cumberland Mutual offers the most affordable premiums for drivers with an at-fault collision on their records, with monthly rates averaging $183 compared to GEICO's $200.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your car insurance bill. For example, GEICO increases average prices by over $150 a month -- that's just under a 60% increase.

How does Credit Score Impact Cumberland Mutual and GEICO Rates?

You may not realized it, but your credit score can be used as one of the factors to calculate your monthly auto insurance premiums. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect several policyholders out there.

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

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

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Cumberland Mutual or GEICO 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 premiums? That's because the fewer miles you put on your vehicle each year, the less likely you are to get into an accident and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles each year, as well as those who average twice that figure, GEICO tends to be the less expensive option. GEICO's average prices for drivers with 6,000 annual miles come in 6% more affordable than Cumberland Mutual. Those who drive 12,000 miles yearly can expect to pay 2% less with GEICO over Cumberland Mutual.

Cumberland Mutual vs. GEICO: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a large role in how much you pay for insurance. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because there are a lot fewer cars on the road in those areas, which lowers the chances of an accident.

Looking at these companies side-by-side, Cumberland Mutual generally comes out as the cheaper option for drivers in rural and suburban areas, while GEICO wins in urban areas.

Those in rural areas can expect to pay about $116 a month with Cumberland Mutual and $159 with GEICO. People in suburban areas pay around $132 with Cumberland Mutual compared to GEICO's $185 per month. In urban areas, GEICO's average premiums are about $211 per month compared to Cumberland Mutual's $330.

Cumberland Mutual vs. GEICO Discounts

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

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

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

GEICO blows Cumberland Mutual away when it comes to the sheer amount of discounts available, offering 13 more discounts than Cumberland Mutual.

Both carriers offer quite a few of the same discounts -- like anti-theft discounts, distant student discounts, discounts for getting driver training, and discounts for being a good student -- but GEICO also offers commercial drivers license discounts, COVID-19 relief discount, deployed driver discounts, and more that Cumberland Mutual does not.

On the flip side, Cumberland Mutual has a couple unique discounts of its own -- new business discounts, renewal discounts, and senior mileage discounts.

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

So, you've seen how different variables can affect your insurance rates. We've broken down the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which insurance company is the right carrier for you and your specific needs?

GEICO might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault accidents on your record.
• You want to save extra money with discounts.
• You drive fewer than 6,000 miles annually.

Cumberland Mutual might be best for you if...

• You have a DUI charge on your record.
• You live in an suburban area.
• You are over 65 years old and want to save some money on your auto insurance.

We hope this guide helps you get a good idea of the differences between Cumberland Mutual and GEICO. 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 insurance policy is to compare quotes from a handful of companies, not just Cumberland Mutual and GEICO. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Cumberland Mutual vs. GEICO FAQs

Is Cumberland Mutual or GEICO cheaper?

Looking just at the national average premiums, GEICO is the less expensive of the two companies, offering average rates of $185 a month compared to $193 for Cumberland Mutual. However, GEICO won't necessarily be the lowest carrier for everyone, since there are several different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Cumberland Mutual or GEICO?

Unfortunately, the real answer is "it depends.". Neither company is "better" for every driver -- it all depends on what your unique car insurance profile looks like. For example, GEICO offers more affordable rates for single drivers, while Cumberland Mutual is less expensive for drivers who have already retired.

Why do Cumberland Mutual and GEICO offer me different rates?

Insurance carriers take a look at lots of different variables when calculating the prices they charge policyholders. Factors like gender, where you call home, age, your driving record, and sometimes even things like your credit score can all come into play. Both Cumberland Mutual and GEICO calculate premiums using different variables, 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 Cumberland Mutual or GEICO is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from multiple 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 information once and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the cheapest premium. And who knows, the best carrier for you might not be Cumberland Mutual or GEICO 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.