Dairyland vs. Depositors: Which Company is the Best Fit for You?

You've probably seen ads offering big savings on auto insurance, but are Dairyland or Depositors right for you? Which company offers the cheapest prices, or the most discounts? Read on to see how Dairyland and Depositors compare, and to find out which carrier is the best one for you, your vehicle, and your budget.
Newly insured car driving down the road
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Quick Facts

  • In general, Depositors offers significantly less expensive premiums than Dairyland
  • Depositors offers more affordable rates for policyholders who have a short commute
  • Depositors has cheaper prices for drivers who have an at-fault accident on their record

Dairyland vs. Depositors: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering substantial discounts, but exactly how much money can you save by switching?

You might have narrowed it down to Dairyland or Depositors, but between the two, which company has more affordable rates for insurance?

Dairyland Depositors

As you can see, Dairyland is quite a bit more expensive than Depositors, with premiums averaging $256 per month compared to just $148 with Depositors when looking at the national average rates for car insurance.

However, that doesn't necessarily mean Depositors will be the cheaper option for each driver. Auto insurance companies vary their rates depending on things like where you live, how good your credit score is, how clean your driving record is, how old you are, and all sorts of other factors. So, at the end of the day, prices from each company will differ quite a bit from person to person.

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

Dairyland or Depositors: Average Car Insurance Rates by State

State Dairyland Depositors

Dairyland and Depositors only compete against each other in two states, with Dairyland offering more affordable prices to the average driver in all of them. If you live in Idaho, Dairyland is the less expensive of the two carriers when looking at the overall average rates. Depositors is the cheaper option in Nevada.

But there's more to calculating insurance premiums than just where you live. Continue reading to see how other factors will affect your rates.

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Which is the Best Company For Young Drivers?

Dairyland Depositors
18-year-old drivers$524$311
25-year-old drivers$232$132

Young drivers -- especially teens -- usually pay a lot for auto insurance compared to older drivers. It's generally because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Depositors for their car insurance pay more than $200 less than those who use Dairyland.

That being said, both companies will offer you dramatically lower rates by the time drivers turn 25. For example, average premiums for Dairyland policyholders drop nearly $300 and Depositors's prices decrease about $200 over that time.

Which is the Best Company for Retired Drivers?

Dairyland Depositors
65+-year-old drivers$203$111

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

So, which company offers the best prices to retired drivers? Depositors gets the edge here, with average premiums coming in at around $111 per month compared to Dairyland's $203.

Which is the Best Company for Married Drivers?

Dairyland Depositors

You may not be aware, but car insurance prices tend to be more affordable for married policyholders than they are for single policyholders. That's because policies for married drivers generally cover more than one car, which quite a few carriers will offer you a discount for.

When it comes to relationship status, Depositors is the clear winner for single drivers, with rates about $125 a month less expensive than Dairyland, on average. The advantage is also clear for married couples - Depositors offers the lowest average premiums.

Dairyland vs. Depositors: Average Rates by Gender

Dairyland Depositors

You may not know, but insurance is typically more expensive for men than for women. 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 rates.

Men normally pay around $10 per month more than women with Dairyland, while with Depositors, the difference is closer to $9 a month.

Looking at the data for each carrier specifically, Depositors comes out as the most affordable option for both genders, with average prices $109 less for men and $108 cheaper for women.

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Dairyland or Depositors: Compare State Minimum vs. Full Coverage Rates

Dairyland Depositors
State Minimum*$142$84
Full Coverage**$370$211

*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, car insurance can be pretty complicated. There are a bunch of 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.

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

If you're looking for state minimum liability limits, Depositors usually offers significantly more affordable rates of $84 compared to Dairyland's $142. When it comes to full coverage policies with similar limits, Depositors again has the edge, with policies about $150 per month less expensive than Dairyland, on average.

Is Dairyland or Depositors Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

At-fault collisions and tickets will most likely raise your prices, but is Dairyland or Depositors cheaper for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Dairyland Depositors
Clean Record$225$106
1 Speeding Ticket$265$130

Dairyland policyholders can expect their premiums to go up an average of $40 a month if they get a ticket, while Depositors normally raises prices around $24 per month, on average.

But Depositors has more affordable rates for drivers in both categories, offering premiums that are 53% and 51% cheaper, respectively, compared to Dairyland.

Which Company is Best for Drivers After an Accident?

Dairyland Depositors
Clean Record$225$106
1 At-Fault Accident$297$157

Dairyland drivers who get in an accident can expect to see their prices climb by over $70, while those who have insurance through Depositors will see about a $50 increase.

Overall, the less expensive premiums come from Depositors, with monthly rates averaging $157 compared to Dairyland's $297.

Which Company is Best for Drivers with a DUI?

Dairyland Depositors
Clean Record$225$106
1 DUI$236$198

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- usually a lot more than a collision or speeding ticket. On average, Depositors will raise your prices around 46% after a DUI, while Dairyland's average rates increase by 5%.

If you have a DUI on your record and are looking for more affordable premiums, Depositors tends to be the much cheaper option with average rates of $198 monthly compared to $236 from Dairyland.

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How does Credit Score Impact Dairyland and Depositors Rates?

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

Car insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

So, which company offers the best premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Dairyland Depositors
Excellent Credit Score$221$117
Good Credit Score$244$134

If you have great credit, you'll usually find a better deal with Depositors. Policyholders with "excellent" credit can save over 45% compared to Dairyland, and those with "good" scores can also expect to see savings -- about $110 or 45% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Dairyland Depositors
Fair Credit Score$260$155
Poor Credit Score$299$185

Depositors typically offers lower prices than Dairyland when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around $105 a month less with Depositors compared to Dairyland, and those with "poor" scores typically save an average of about $114 a month.

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Is Dairyland or Depositors Better for Drivers who Work from Home or Have Short Commutes?

Dairyland Depositors
6,000 Annual Miles$256$148
12,000 Annual Miles$256$148

How much you drive can have a big impact on your monthly auto insurance payment. That's because the more miles you put on your car, the more likely you are to get into an accident and cause an insurance claim.

In this case, neither Dairyland or Depositors report increasing rates for drivers with higher annual mileage figures. Even so, Depositors comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle yearly, with average premiums of $148 per month for both.

Dairyland vs. Depositors: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for insurance, but the type of area you live in can have a considerable impact as well. Generally, those who live in urban areas will pay more than drivers in rural areas due to the number of cars that are on the roads in those areas.

Dairyland Depositors
Urban Areas$314$174
Suburban Areas$251$139
Rural Areas$203$130

Depositors tends to offer the lowest rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the cheapest premiums from both companies, but Depositors comes out on top with average prices around $130 monthly. Depositors also has more affordable average rates for drivers in urban and suburban ZIP codes -- a $140 and $112 a month respective difference when compared to Dairyland policyholders in similar areas.

Dairyland vs. Depositors Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many car insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be challenging to find all the ones you can take advantage of.

In the section below, we've compared all of the different discounts offered by Dairyland and Depositors so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Dairyland Depositors
Advance Quote Discount
Agency Transfer Discount 
Anti-Theft Discount 
Covid-19 Relief Discount 
Defensive Driver Discount
Distant Student Discount 
EFT Discount 
Employee Discount 
Good Driving Discount 
Good Student Discount
Group Discount 
Homeowner Discount
Intra-Agency Transfer Discount 
Life Policy Discount 
Multi-Car Discount
Multi-Policy Discount 
New Vehicle Discount 
Paid In Full Discount 
Paperless Discount 
Passive Restraint Discount

Depositors knocks Dairyland out of the park when it comes to the sheer number of discounts available, offering 17 different discounts to Dairyland's 17.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, and discounts for being a homeowner. Depositors also offers COVID-19 relief discount, distant student discounts, EFT discounts, and more that Dairyland does not.

On the flip side, Dairyland has a couple unique discounts of its own -- agency transfer discounts, anti-theft discounts, paid in full discounts, and more.

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Final Thoughts: Is Dairyland or Depositors Best for You?

So, we've broken down the average premiums for many of the variables insurance carriers look at, and walked through the different discounts each carrier offers, too. But, at the end of the day, is Dairyland or Depositors the best one for you and your specific driver profile?

Depositors might be best for you if....

  • You have a DUI charge on your record.
  • Your credit score is high.
  • You are over 65 years old and want to save some money on your car insurance.

Dairyland might be best for you if...

  • You have a more unique driver profile than those we mentioned above.

We hope this guide helps you get a good idea of the differences between Dairyland and Depositors. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several companies, not just Dairyland and Depositors. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top insurance carriers in your area, all in just a few minutes.

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Dairyland vs. Depositors FAQs

Is Dairyland or Depositors cheaper?

Looking just at the national average prices, Depositors is the less expensive of the two companies, offering average rates of $148 per month compared to $256 for Dairyland. Even so, Depositors won't necessarily be the lowest company for every policyholder, since there are a range of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Dairyland or Depositors?

Unfortunately, the real answer is "it depends.". Neither carrier is necessarily "better" for everyone -- it all boils down to your unique auto insurance profile.

Why do Dairyland and Depositors offer me different rates?

Insurance carriers take a look at a lot of different variables when determining the premiums they charge drivers. Things such as your driving record, where you live, age, gender, and sometimes even things like your credit score can all be used. Both Dairyland and Depositors calculate prices differently, so each one will most likely offer different rates. The only real way to see which company is the most affordable for you is by comparing personalized quotes from a variety of different companies.

How do I know if Dairyland or Depositors is right for me?

The only way to find the car insurance carrier 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, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best auto insurance companies in your area. That way, you can guarantee you're getting the best rate. And who knows, the best company for you might not be Dairyland or Depositors at all!


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.

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