Depositors vs. Mutual of Enumclaw: Which Company is the Best Fit for You?

If you're in the market for a new auto insurance policy, you might be wondering how Mutual of Enumclaw and Depositors compare when it comes to the lowest premiums and biggest discounts. To find out which of these companies is the best fit for you and your wallet, check out our newest guide below.
Newly insured car driving down the road
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Quick Facts

  • Based on national averages for car insurance, Depositors offers slightly less expensive rates than Mutual of Enumclaw
  • Depositors offers more affordable average prices for people who are single and purchasing insurance by yourself
  • Mutual of Enumclaw offers more affordable premiums for residents of urban areas


Depositors vs. Mutual of Enumclaw: Which Company has the Cheapest Car Insurance?

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

You might have narrowed your search down to Depositors or Mutual of Enumclaw as potential options, but which carrier will save you the most?

Depositors Mutual of Enumclaw
$148$162

Looking at the national average rates for both companies, Depositors is about $14 per month cheaper than Mutual of Enumclaw.

But that doesn't necessarily mean Depositors 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 driving record, your credit score, where you call home, or even your age (among other things), so rates could differ drastically from person to person.

Luckily, we've broken down average prices from both Depositors and Mutual of Enumclaw by several different rate factors, so read on to find out which company is the best for you.

Depositors or Mutual of Enumclaw: Average Car Insurance Rates by State

State Depositors Mutual of Enumclaw
ID$142$131

Depositors and Mutual of Enumclaw only compete against each other in one states, with Mutual of Enumclaw offering more affordable premiums to the average driver in all of them. Idaho has the most noticable difference, where Mutual of Enumclaw prices are cheaper than auto insurance rates at Depositors.

But there's more to calculating car insurance prices than just where you call home. Read on to learn more.


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Which is the Best Company For Young Drivers?

Depositors Mutual of Enumclaw
18-year-old drivers$311$350
25-year-old drivers$132$158

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

However, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use Depositors save nearly $40 a month compared to those who use Mutual of Enumclaw.

Even so, with both companies, you'll see your premiums drop significantly by the time drivers turn 25. Mutual of Enumclaw offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Depositors still has the cheapest rates at $132 monthly.

Which is the Best Company for Retired Drivers?

Depositors Mutual of Enumclaw
65+-year-old drivers$111$112

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices you'll ever find.

When looking at Depositors and Mutual of Enumclaw specifically, which carrier is best for retired drivers? Depositors gets the slight edge here, with average rates coming in at around $111 a month compared to Mutual of Enumclaw's $112. That being said, the difference is only about 5%, so other factors will likely come into play when determining which company has the lowest premiums for you.

Which is the Best Company for Married Drivers?

Depositors Mutual of Enumclaw
Single$171$193
Married$116$120

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

When it comes to relationship status, Depositors is the clear winner for those who are single, with prices around $22 per month less expensive than Mutual of Enumclaw, on average. But for married policyholders, that advantage is much less clear - Depositors offers the most affordable average premiums , but the difference is less than $5.

Depositors vs. Mutual of Enumclaw: Average Rates by Gender

Depositors Mutual of Enumclaw
Male$152$168
Female$143$155

Men are statistically more likely than women to cause a collision and get into accidents, which means they'll usually end up paying more for insurance than women.

Normally, women see prices about 6% a month less with Depositors, and almost 10% less with Mutual of Enumclaw when compared to their male counterparts.

Looking at overall affordability, Depositors comes out as the cheapest option for both genders. On average, male drivers save about $16 per month and women save around $12 with Depositors compared to the average Mutual of Enumclaw policyholder.


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Depositors or Mutual of Enumclaw: Compare State Minimum vs. Full Coverage Rates

Depositors Mutual of Enumclaw
State Minimum*$84$116
Full Coverage**$211$207

*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. Everyone needs car insurance, but there are so many different limits and coverages that it can be hard to find the right policy.

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

In this case, Depositors offers the most affordable average premiums for state minimum limits for liability insurance, while Mutual of Enumclaw has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $30 with Depositors Insurance Company, while full coverage comes out to be about $4 more affordable with Mutual of Enumclaw.

Is Depositors or Mutual of Enumclaw 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.

It's no secret secret that at-fault accidents and tickets lead to higher rates, but which carrier -- Depositors or Mutual of Enumclaw -- has the lowest prices for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Depositors Mutual of Enumclaw
Clean Record$106$109
1 Speeding Ticket$130$154

Depositors policyholders can expect their premiums to go up an average of $24 a month if they get a ticket, while Mutual of Enumclaw normally raises rates around $45 per month, on average.

But Depositors has cheaper prices for drivers in both categories, offering premiums that are 3% and 16% more affordable, respectively, compared to Mutual of Enumclaw.

Which Company is Best for Drivers After an Accident?

Depositors Mutual of Enumclaw
Clean Record$106$109
1 At-Fault Accident$157$183

After an accident, drivers who have their auto insurance through Depositors can expect to see about an $51 -- or around 32% -- increase in their car insurance rates. Drivers who use Mutual of Enumclaw for their auto insurance will see a monthly bill about $74 (or 40%) more expensive after reporting a collision to their car insurance company.

Overall, Depositors offers the cheapest premiums for drivers with an at-fault accident on their records, with monthly rates averaging $157 compared to Mutual of Enumclaw's $183.

Which Company is Best for Drivers with a DUI?

Depositors Mutual of Enumclaw
Clean Record$106$109
1 DUI$198$200

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. For example, Depositors increases average prices by over $90 a month -- that's over a 45% increase.

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 per month compared to $200 from Mutual of Enumclaw.


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How does Credit Score Impact Depositors and Mutual of Enumclaw Rates?

You may not realized it, but your credit score can come into play when companies calculate your monthly bill. 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 quite a few policyholders.

Insurance carriers 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 specifically at Depositors and Mutual of Enumclaw, which company has the most affordable prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Depositors Mutual of Enumclaw
Excellent Credit Score$117$127
Good Credit Score$134$143

If you have a great credit score, you'll usually find a better deal with Depositors. Drivers with "excellent" credit can save just under 10% compared to Mutual of Enumclaw, and those with "good" scores can also expect to see savings -- around $9 or 6% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

Depositors Mutual of Enumclaw
Fair Credit Score$155$157
Poor Credit Score$185$219

Depositors typically offers lower premiums than Mutual of Enumclaw when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about $2 per month less with Depositors compared to Mutual of Enumclaw, and those with "poor" scores typically save an average of around $34 monthly.


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Is Depositors or Mutual of Enumclaw Better for Drivers who Work from Home or Have Short Commutes?

Depositors Mutual of Enumclaw
6,000 Annual Miles$148$162
12,000 Annual Miles$148$162

The amount of time you spend behind the wheel of your car plays a big role in your monthly prices. Generally, the more miles you put on your vehicle each year, the more you can expect to pay for auto insurance.

In this case, neither Depositors or Mutual of Enumclaw report increasing rates for drivers with higher annual mileage figures. Depositors comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average prices of $148 a month for both.

Depositors vs. Mutual of Enumclaw: 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 car insurance, but the type of area you live in can have a pretty big impact as well. Usually, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers because there are a lot more vehicles on the road in those areas, which increases the chances of an accident.

Depositors Mutual of Enumclaw
Urban Areas$174$169
Suburban Areas$139$173
Rural Areas$130$143

Depositors boasts the lowest average premiums in rural and suburban areas, while Mutual of Enumclaw wins in urban areas.

If you live in a rural area, you can expect to save about $13 with Depositors compared to Mutual of Enumclaw. Drivers in suburban ZIP codes pay around $34 less with Depositors compared to Mutual of Enumclaw. In urban areas, Mutual of Enumclaw's average rates are about $5 less than Depositors Insurance Company.

Depositors vs. Mutual of Enumclaw Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many 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 qualify for.

In the section below, we've compared all of the different discounts offered by Depositors and Mutual of Enumclaw so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Depositors Mutual of Enumclaw
AAA Discount 
Advance Quote 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 
Paperless Discount 
Passive Restraint Discount 
Renewal Discount 

Depositors blows Mutual of Enumclaw away when it comes to the sheer amount of discounts available, offering nine more discounts than Mutual of Enumclaw.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good driver, and multi-policy discounts. Depositors also offers advance quote discounts, COVID-19 relief discount, EFT discounts, and more that Mutual of Enumclaw does not.

On the flip side, Mutual of Enumclaw has a couple unique discounts of its own -- AAA discounts, anti-theft discounts, and renewal discounts.


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Final Thoughts: Is Depositors or Mutual of Enumclaw Best for You?

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. That's all well and good, but at the end of the day, which carrier is the best one for you and your specific driver profile?

Depositors might be best for you if....

  • You have a speeding ticket on your driving record.
  • You want basic insurance coverage at the state minimum limits.
  • You're married and plan to have both of your names on the vehicle's car insurance policy.


Mutual of Enumclaw might be best for you if...

  • You're looking for more protection with "full coverage" insurance.

We hope this guide has ben a valuable resource as you compare Depositors and Mutual of Enumclaw. We also hope we've given you the information you need to make the best decision about your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from a handful of carriers, not just Depositors and Mutual of Enumclaw. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.


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Depositors vs. Mutual of Enumclaw FAQs

Is Depositors or Mutual of Enumclaw cheaper?

Looking just at the national average prices, Depositors is the more affordable of the two carriers, offering average rates of $148 per month compared to $162 for Mutual of Enumclaw. Even so, Depositors won't necessarily be the cheapest company for each policyholder, since there are lots of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Depositors or Mutual of Enumclaw?

Unfortunately, the only answer we can give you is "it depends.". Neither carrier is "better" for everyone -- it all depends on what your unique car insurance profile looks like.

Why do Depositors and Mutual of Enumclaw offer me different rates?

Auto insurance companies take a look at many different variables when calculating the rates they charge policyholders. Factors like gender, where you park your car, age, your driving record, and sometimes even things like your credit score can all be used. Both Depositors and Mutual of Enumclaw calculate premiums using different formulas, 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 range of different carriers.

How do I know if Depositors or Mutual of Enumclaw is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your area information 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 lowest price. And who knows, the best company for you might not be Depositors or Mutual of Enumclaw 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.

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