Electric vs. Integon National: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Integon National offers cheaper prices than Electric
• Electric tends to be a much less expensive option for policyholders who live in suburban areas
• Integon National offers more affordable rates for policyholders who have a clean driving record, free of collisions, tickets, or DUIs

Electric or Integon National: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering huge savings, but exactly how much money can you save by switching?

You've maybe even narrowed it down to Electric or Integon National as potential options, but between the two, which company has more affordable prices for auto insurance?

As you can see, Integon National is around $48 a month less expensive than Electric when looking at the national average rates for car insurance.

But that doesn't mean Integon National will necessarily be cheaper than Electric for every driver. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your credit score, where you call home, your driving record, or even your age (among other things), so premiums could differ drastically from person to person.

So, if you want to find out which of Electric or Integon National is really the best for you, keep reading to see average rates for each company broken down by several different rate factors.

Electric vs. Integon National: Average Car Insurance Rates by State

Electric and Integon National only compete against each other in one states, with Electric offering more affordable prices to the average driver in all of them. Virginia has the most noticable difference, where Electric rates are $14 cheaper than insurance premiums at Integon National.

But there's more to auto insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how insurance companies determine your prices. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance premiums of any other group of drivers. Usually, that's because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance rates. As you can see above, teens who use Integon National save almost 7% per month compared to those who use Electric.

That being said, both carriers will reduce premiums once you turn 25. For example, average rates for Electric policyholders decrease about $300 and Integon National's prices drop around $400 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the most affordable auto insurance rates out there. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for car insurance.

When looking at Electric and Integon National specifically, which carrier is best for retired drivers? In this case, Integon National has the slight edge, with premiums about $8 a month less than Electric. However, the difference is only around 5%, so other variables (like where you live or your driving record) will likely come into play when determining which company has the lowest rates for you.

Which is the Best Company for Married Drivers?

Did you know that insurance premiums are generally more affordable for married drivers than they are for single drivers? This usually boils down to married policyholders having multiple vehicles on their policy -- something many car insurance companies will reward with discounts.

For those who are single, the difference in average prices between these two carriers is significant, with Integon National rates coming in at about 15% less than Electric's. The advantage for married couples with Integon National is also obvious, where drivers save over $50 per month.

Electric or Integon National: Average Rates by Gender

You may not know, but auto insurance is normally more expensive for men than for women. This is because men are statistically more likely than women to get into a collision or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher prices.

Usually, men see premiums around 7% a month higher with Electric, but with Integon National, the difference is closer to 8% per month.

Looking at overall affordability, Integon National offers the cheapest average prices for both men and women. On average, male drivers save about $49 a month and women save about $48 with Integon National compared to the average Electric policyholder.

Electric vs. Integon National: 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.

Insurance can be a complicated subject for most people. There are so many different limits and terms that it can make it pretty confusing to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability).

Looking specifically at state minimum limits for liability insurance, Integon National has the edge, with average monthly rates coming in at $128. If you want a full coverage policy with the same state minimum limits, Integon National again has the edge, with policies averaging around $308 per month to Electric's $383.

Is Electric or Integon National Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

You'll probably end up paying more with at-fault accidents and speeding tickets 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?

Policyholders who use Electric for their car insurance can typically expect their monthly bill to go up about 12% after getting a speeding ticket. Integon National policyholders can expect a bit more drastic of an increase of around 35%.

But Integon National has less expensive rates for drivers in both categories -- their rates are around 30% more affordable for drivers with clean records and 6% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Electric drivers who get in a collision can expect to see their premiums climb by over 10%, while those who have insurance through Integon National will see about a 50% increase.

At the end of the day, the cheaper prices come from Electric, with average premiums coming in at $236 compared to Integon National Insurance Company's $300.

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 ticket or even an accident. For example, Electric increases average prices by nearly $200 a month -- that's more than a 45% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Integon National tends to be less expensive for the average driver, with monthly premiums coming in at around $204 to Electric's $385.

How does Credit Score Impact Electric and Integon National Rates?

You may not realized it, but your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as an insurance factor, but it might come into play for quite a few policyholders.

The reasoning auto insurance carriers use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper prices, while those with poor credit will normally be forced to pay more.

So, which carrier offers the cheapest premiums 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 Electric or Integon National 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 substantial impact on how much car insurance companies will charge for coverage? Usually, the more milage you drive, the more you can expect to pay for coverage.

For both remote workers and those taking short commutes, Integon National tends to be the more affordable option. Integon National's average rates for drivers with 6,000 annual miles come in about $33 cheaper than Electric. Those who drive 12,000 miles annually can expect to pay around $64 less with Integon National over Electric.

Electric or Integon National: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a big impact on your monthly insurance payment. Generally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders since there are a lot fewer cars on the road where they live, which decreases the chances of an accident.

Integon National tends to offer the most affordable option for drivers in rural and urban areas, while Electric wins in suburban areas.

For drivers in urban ZIP codes, Integon National's average premiums are about $223 while Electric offers prices around $304. People in suburban areas pay about $234 with Electric compared to Integon National's $256 per month. Those in rural areas can expect to pay around $175 monthly with Integon National and $262 with Electric.

Electric vs. Integon National 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 insurance discounts as possible.

But with what seems like a million different discounts out there, it can be hard to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

Luckily, we did the hard work for you and looked at all of the different discounts Electric and Integon National offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Overall, Integon National has a slight advantage when it comes to total number of discounts. Electric offers a grand total of 17 discounts, while Integon National has 18.

There are a couple discounts both carriers offer, but Integon National also offers discounts for agency transfer, DRL, drug and alcohol awareness, and more.

On the other hand, Electric has a few proprietary discounts of their own for things like COVID-19 relief discount, driver training discounts, electric vehicle discounts, and more.

Final Thoughts: Is Electric or Integon National Best for You?

So, you've seen how different factors can affect your auto insurance premiums. We've shown you all the discounts each company offers, too. But, when it comes down to it, is Electric or Integon National the right carrier for you and your specific driver profile?

Integon National might be best for you if....

• You have below-average credit.
• You want to save extra money with discounts.
• You drive fewer than 6,000 miles each year.

Electric might be best for you if...

• You have an at-fault collision on your record.
• Your credit score is high.
• You live in an suburban area.

Hopefully, this guide helps you get a good idea of the differences between Electric and Integon National. 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 sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several companies, not just Electric and Integon National. Luckily, Compare.com does all the hard work for you. 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.

Electric vs. Integon National FAQs

Is Electric or Integon National cheaper?

Integon National is the less expensive of the two companies when looking at national average rates, with policies averaging $218 per month with Integon National and $266 for Electric. However, that doesn't mean Integon National will be the lowest carrier for everyone, since there are lots of different variables that are considered when it comes to your car insurance bill.

Who is better, Electric or Integon National?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for every policyholder -- it all depends on the makeup of your unique insurance profile. For example, Integon National is cheaper for drivers who have less-than-stellar credit scores, while Electric offers more affordable premiums for drivers with an at-fault accident on their record.

Why do Electric and Integon National offer me different rates?

Auto insurance carriers use several different factors when determining the rates they charge. Things such as gender, age, your driving record, where you park your vehicle, and sometimes even things like your credit score can all be taken into consideration. Both Electric and Integon National calculate prices using different variables, so it's likely they'll offer different rates. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Electric or Integon National is right for me?

The only way to find the insurance company 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 area information and you'll get quotes from dozens of your local top car insurance companies for free. That way, you can guarantee you're getting the lowest rate. And maybe you'll find that the best carrier for you isn't Electric or Integon National 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.