Dairyland vs. Farm Bureau Financial Services: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Farm Bureau Financial Services offers significantly less expensive prices than Dairyland
• Dairyland offers more discounts than Farm Bureau Financial Services
• Farm Bureau Financial Services has cheaper premiums for policyholders who drive fewer than 12,000 miles yearly

Dairyland vs. Farm Bureau Financial Services: 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 Dairyland or Farm Bureau Financial Services as potential options, but which carrier will save you the most?

Looking at the national average rates for both companies, Dairyland is quite a bit more expensive than Farm Bureau Financial Services, with prices averaging $256 per month compared to just $170 with Farm Bureau Financial Services.

But that doesn't necessarily mean Farm Bureau Financial Services will be the less expensive option for every single driver. After all, car insurance carriers 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, at the end of the day, rates from every company will differ quite a bit from person to person.

Wanting to know if Dairyland or Farm Bureau Financial Services 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 Farm Bureau Financial Services: Average Car Insurance Rates by State

Dairyland and Farm Bureau Financial Services only compete against each other in one states, with Farm Bureau Financial Services offering cheaper rates to the average driver in all of them. Kansas has the most noticable difference, where Farm Bureau Financial Services premiums are over 20% more affordable than auto insurance prices at Dairyland.

But there's more to insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how car insurance companies calculate your premiums. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. It's generally because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean that teen drivers have to just accept sky-high car insurance prices. As you can see above, teens who use Farm Bureau Financial Services save nearly $200 a month compared to those who use Dairyland.

However, both carriers will reduce rates by the time you turn 25. For example, average prices for Dairyland policyholders lower almost $300 and Farm Bureau Financial Services's rates decrease about $200 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the lowest auto insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which usually lowers their chances of accidents and other infractions that can increase prices.

When looking at Dairyland and Farm Bureau Financial Services specifically, which company is best for retired drivers? Farm Bureau Financial Services gets the edge, with premiums for drivers 65 and older $76 cheaper than the national average for Dairyland.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are typically less expensive for married policyholders than they are for single drivers? That's usually because married drivers tend to own and insure multiple cars, which can often earn you a discount.

When it comes to relationship status, Farm Bureau Financial Services is the clear winner for those who are single, with premiums around $102 per month more affordable than Dairyland, on average. The advantage is also clear for married couples - Farm Bureau Financial Services offers the cheapest average prices.

Dairyland vs. Farm Bureau Financial Services: Average Rates by Gender

Men are statistically more likely than women to get into an accident or get pulled over for speeding. That means when it comes to insurance men will generally end up paying a little more.

On average, men see rates about 4% a month higher with Dairyland, but surprisingly, with Farm Bureau Financial Services, men normally pay around 3% per month less than women.

Looking at the data for each carrier specifically, Farm Bureau Financial Services comes out as the lowest option for both genders, with average prices 36% less for men and 31% cheaper for women.

Dairyland or Farm Bureau Financial Services: 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, auto insurance isn't the easiest topic to understand. There are so many different coverages and terms that it can make it pretty confusing to find the right policy.

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

If you're looking for state minimum limits for liability insurance, Farm Bureau Financial Services usually offers significantly less expensive rates of $87 compared to Dairyland's $142. When it comes to full coverage policies with similar limits, Farm Bureau Financial Services again has the edge, with policies about $100 a month cheaper than Dairyland, on average.

Is Dairyland or Farm Bureau Financial Services 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.

You'll probably end up paying more with tickets and at-fault collisions on your record, but which of these two companies offers the most affordable premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Dairyland policyholders can expect their prices to go up an average of $40 per month if they get a ticket, while Farm Bureau Financial Services typically raises premiums around $25 a month, on average.

That being said, Farm Bureau Financial Services has more affordable rates for drivers in both categories -- their rates are around 46% cheaper for drivers with clean records and 45% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Dairyland drivers who get in an accident can expect to see their premiums climb by just under 25%, while those who have insurance through Farm Bureau Financial Services will see about a 35% increase.

Overall, drivers who use Farm Bureau Financial Services end up with the cheaper prices after an accident, with monthly prices averaging $187 compared to Dairyland's $297.

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, Farm Bureau Financial Services will raise your rates around 46% after a DUI, while Dairyland's average prices increase by 5%.

If you have a DUI on your record and are looking for more affordable rates, Farm Bureau Financial Services tends to be the much less expensive option with average premiums of $226 a month compared to $236 from Dairyland.

How does Credit Score Impact Dairyland and Farm Bureau Financial Services Rates?

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

Auto 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 Farm Bureau Financial Services and Dairyland, which company has the cheapest premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Farm Bureau Financial Services. Drivers with "excellent" credit can save just under 45% compared to Dairyland, and those with "good" scores can also expect to see savings -- about $104 or 43% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Farm Bureau Financial Services typically offers lower prices than Dairyland when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around $100 per month less with Farm Bureau Financial Services compared to Dairyland, and those with "poor" scores normally save an average of about $45 monthly.

Is Dairyland or Farm Bureau Financial Services 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 rates? Generally, the more miles you put on your vehicle, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Dairyland charges. However, there's a small difference in monthly premiums for Farm Bureau Financial Services, with drivers who put 6,000 miles on their car annually paying around $11 less every month compared to those who drive 12,000 miles each year. Still, Farm Bureau Financial Services is the cheaper option for drivers in both categories.

Dairyland vs. Farm Bureau Financial Services: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a large impact on your monthly car insurance cost. Usually, those who live in rural areas will pay less than policyholders in urban areas because there are a lot fewer vehicles on the road in those areas, which reduces the chances of an accident.

Farm Bureau Financial Services tends to offer the cheapest premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, Farm Bureau Financial Services offers prices about $196 per month compared to Dairyland's $314. People who live in suburban ZIP codes can expect to pay around $159 a month for Farm Bureau Financial Services and $251 for Dairyland. Lastly, those in rural areas tend to get the lowest premiums from both carriers, with average monthly prices coming in at $155 and $203 for Farm Bureau Financial Services and Dairyland respectively.

Dairyland vs. Farm Bureau Financial Services 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 insurance discounts as you can.

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

In the section below, we've compared all of the different discounts offered by Dairyland and Farm Bureau Financial Services so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Overall, Dairyland has a slight advantage when it comes to total number of discounts. Farm Bureau Financial Services offers a grand total of nine discounts, while Dairyland has 11.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a good student, and paid in full discounts. Dairyland also offers advance quote discounts, agency transfer discounts, homeowner discounts, and more that Farm Bureau Financial Services does not.

On the flip side, Farm Bureau Financial Services has a couple unique discounts of its own -- discounts for being a good driver, life policy discounts, safe young driver discounts, and more.

Final Thoughts: Is Dairyland or Farm Bureau Financial Services Best for You?

So, we've broken down the average rates for many of the factors auto 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 insurance carrier is the right carrier for you and your specific needs?

Farm Bureau Financial Services might be best for you if....

• You haven't received any speeding tickets or been in an accident in the last few years.
• You're looking for more protection with "full coverage" insurance.
• You drive often but have a short commute.

Dairyland might be best for you if...

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

We hope this guide has ben a valuable resource as you compare Dairyland and Farm Bureau Financial Services. 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 a handful of carriers, not just Dairyland and Farm Bureau Financial Services. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Dairyland vs. Farm Bureau Financial Services FAQs

Is Dairyland or Farm Bureau Financial Services cheaper?

Looking just at the national average prices, Farm Bureau Financial Services is the less expensive of the two carriers, offering average rates of $170 per month compared to $256 for Dairyland. However, Farm Bureau Financial Services won't necessarily be the most affordable carrier for every policyholder, since there are many different variables that are considered when it comes to your auto insurance bill.

Who is better, Dairyland or Farm Bureau Financial Services?

Sadly, the answer truly is "it depends.". No single company is "better" for everyone -- it all comes down to what your unique insurance profile looks like.

Why do Dairyland and Farm Bureau Financial Services offer me different rates?

Auto insurance companies take a look at quite a few different factors when determining the rates they charge policyholders. Variables like your driving record, gender, age, where you call home, and sometimes even things like your credit score can all be taken into consideration. Both Dairyland and Farm Bureau Financial Services calculate premiums using different factors, so each one will most likely offer different prices. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Dairyland or Farm Bureau Financial Services 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, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get free quotes from dozens of the best auto insurance carriers in your area. With those, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Dairyland or Farm Bureau Financial Services 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.