Encompass vs. Farmers Mutual of Tennessee: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for insurance, Farmers Mutual of Tennessee offers significantly less expensive premiums than Encompass
• Encompass offers more discounts than Farmers Mutual of Tennessee
• Farmers Mutual of Tennessee tends to be a much more affordable option for people who are single and purchasing auto insurance by yourself

Encompass vs. Farmers Mutual of Tennessee: Which Company has the Cheapest Car Insurance?

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

You might be considering Encompass or Farmers Mutual of Tennessee as potential options, but which one will save you the most?

Looking at nationwide averages, Farmers Mutual of Tennessee has average rates that are about 80% per month cheaper than those from Encompass.

That being said, that doesn't necessarily mean Farmers Mutual of Tennessee will be the less expensive option for each driver. After all, insurance companies 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 Encompass or Farmers Mutual of Tennessee is really the right carrier for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Encompass or Farmers Mutual of Tennessee: Average Car Insurance Rates by State

Encompass and Farmers Mutual of Tennessee only compete against each other in Tennessee, where Farmers Mutual of Tennessee offers the cheaper average premiums. For Tennessee residents, Farmers Mutual of Tennessee offers car insurance for $100 monthly on average. Encompass's average rates come out to be over 70% more expensive, at $250 a month.

That being said, there are plenty of other factors that go into your insurance cost than just your home state. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for auto insurance than any other group of drivers. It's usually because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

But that doesn't mean that teen drivers have to just accept sky-high car insurance prices. For example, 18-year-old drivers pay an average of more than $500 less a month by choosing Farmers Mutual of Tennessee over Encompass. It's worth noting that Encompass offers insurance in 31 different states compared to Farmers Mutual of Tennessee's one, which can skew the average rates a bit, but the difference here is still considerable.

However, both carriers will lower premiums by the time drivers turn 25. Farmers Mutual of Tennessee offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. Encompass's average prices reduce over 65% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the cheapest 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 premiums for car insurance.

But who has the best prices for retired drivers between Encompass and Farmers Mutual of Tennessee? Farmers Mutual of Tennessee gets the edge, with premiums for drivers 65 and older around 80% cheaper than the national average for Encompass.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more expensive for single policyholders than they are for married couples. That's because policies for married drivers typically cover more than one car, which many companies will offer you a discount for.

When it comes to relationship status, Farmers Mutual of Tennessee is the clear winner for single drivers, with prices about $454 per month more affordable than Encompass, on average. The advantage for married policyholders with Farmers Mutual of Tennessee is also obvious, where drivers save nearly $250 a month.

Encompass vs. Farmers Mutual of Tennessee: Average Rates by Gender

Did you know women usually pay less for car insurance than men? This is because men are statistically more likely than women to get into collisions and get tickets, which leads to increased risk for insurers and, therefore, higher premiums.

On average, men see rates around 5% per month higher with Encompass, and more than 15% with Farmers Mutual of Tennessee.

When it comes to the most affordable premiums for each gender, Farmers Mutual of Tennessee comes out on top for both men and women. On average, male drivers save about $369 a month and women save about $363 with Farmers Mutual of Tennessee compared to the average Encompass policyholder.

Encompass or Farmers Mutual of Tennessee: 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.

It's no secret that auto insurance can be pretty complicated. Everyone needs insurance, but there are so many different coverages and terms that it can be hard to find the right policy.

Even so, most policies that many drivers look at fall into two categories -- liability only (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with liability).

If you're looking for state minimum limits for liability insurance, Farmers Mutual of Tennessee typically offers significantly less expensive rates of $44 compared to Encompass's $302. When it comes to full coverage policies with similar limits, Farmers Mutual of Tennessee again has the edge, with policies around $450 per month cheaper than Encompass, on average.

Is Encompass or Farmers Mutual of Tennessee Better for Drivers with Spotty Records?

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

Tickets and accidents will most likely raise your prices, but is Encompass or Farmers Mutual of Tennessee more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Farmers Mutual of Tennessee auto insurance policies don't report seeing their rates increase after getting a ticket, but Encompass policyholders can expect to see their monthly bill increase by about a quarter.

However, Farmers Mutual of Tennessee has less expensive prices for drivers in both categories. Drivers with a clean record can save around $141 a month with Farmers Mutual of Tennessee, and the same can be said for those with a ticket, too.

Which Company is Best for Drivers After an Accident?

Encompass policyholders who get in a collision can expect to see their premiums rise by over 30%, while those who have insurance through Farmers Mutual of Tennessee will see about a 3% increase.

Overall, Farmers Mutual of Tennessee offers the lowest prices for drivers with an at-fault accident on their records, with monthly rates averaging $89 compared to Encompass Insurance's $328.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or speeding ticket when it comes to your insurance bill. On average, Encompass will raise your premiums around 78% after a DUI, while Farmers Mutual of Tennessee's average prices increase by over 35%.

Farmers Mutual of Tennessee has the overall most affordable premiums for drivers with a DUI on their records at $137 per month, but it's worth noting that Encompass's average rates come from 31 states compared to just one for Farmers Mutual of Tennessee, so the data may be skewed slightly.

How does Credit Score Impact Encompass and Farmers Mutual of Tennessee Rates?

In many cases, your credit score can be used as one of the variables to calculate your monthly auto insurance rates. This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it does affect lots of drivers out there.

Car insurance carriers argue that those with poor credit scores are less likely to pay their bills on time each month, which increases the risk involved on their end, while the opposite is true for those with good credit.

Looking specifically at Farmers Mutual of Tennessee and Encompass, which carrier 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 Farmers Mutual of Tennessee. Drivers with "excellent" credit can save just under 75% compared to Encompass, and those with "good" scores can also expect to see savings -- about $300 or 76% more affordable every month.

Which Company is Best for Drivers with Bad Credit?

Farmers Mutual of Tennessee typically offers lower rates than Encompass when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around $369 per month less with Farmers Mutual of Tennessee compared to Encompass, and those with "poor" scores generally save an average of about $536 monthly.

Is Encompass or Farmers Mutual of Tennessee Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much insurance companies will charge for coverage. Normally, those who drive less will end up with cheaper prices since there's less of a chance of getting into an accident and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Farmers Mutual of Tennessee charges. However, there's a small difference in monthly premiums for Encompass, with policyholders who drive 6,000 miles yearly paying around $2 less each month compared to those who drive 12,000 miles every year. Still, Farmers Mutual of Tennessee is the less expensive option for drivers in both categories.

Encompass vs. Farmers Mutual of Tennessee: 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 auto insurance, but the type of area you live in can have a sizable impact as well. Typically, 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.

Farmers Mutual of Tennessee tends to offer the lowest prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Farmers Mutual of Tennessee offers premiums about $114 per month compared to Encompass's $560. People who live in suburban ZIP codes can expect to pay around $95 a month for Farmers Mutual of Tennessee and $434 for Encompass. Lastly, those in rural areas tend to get the cheapest rates from both carriers, with average monthly prices coming in at $89 and $404 for Farmers Mutual of Tennessee and Encompass respectively.

Encompass vs. Farmers Mutual of Tennessee Discounts

Regardless of 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 possible, and the best way to do that is by taking advantage of as many auto insurance discounts as you can.

The difficult 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 Encompass and Farmers Mutual of Tennessee so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Encompass knocks Farmers Mutual of Tennessee out of the park when it comes to the sheer number of discounts available, offering 21 more discounts than Farmers Mutual of Tennessee.

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. Encompass also offers ABS discounts, advance quote discounts, anti-theft discounts, and more that Farmers Mutual of Tennessee does not.

On the flip side, Farmers Mutual of Tennessee has a couple unique discounts of its own -- forgiveness discounts and discounts for insuring multiple cars with the same company.

Final Thoughts: Is Encompass or Farmers Mutual of Tennessee Best for You?

So, you've seen how different factors can affect your car insurance premiums. We've shown you all the discounts each company offers, too. That's all well and good, but at the end of the day, is Encompass or Farmers Mutual of Tennessee the right company for you, your vehicle, and your wallet?

Farmers Mutual of Tennessee might be best for you if....

• You haven't received any speeding tickets or been in a collision in the last few years.
• You have below-average credit.
• You are over 65 years old and want to save some money on your insurance.

Encompass might be best for you if...

• You are considering moving to another state -- Farmers Mutual of Tennessee only offers policies to Tennessee residents.
• You care about discounts (Encompass offers the most).

We hope this guide helps you get a better idea of the difference between Encompass and Farmers Mutual of Tennessee. 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 multiple companies, not just Encompass and Farmers Mutual of Tennessee. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance carriers in your area, all in just a few minutes.

Encompass vs. Farmers Mutual of Tennessee FAQs

Is Encompass or Farmers Mutual of Tennessee cheaper?

Looking just at the national average rates, Farmers Mutual of Tennessee is the more affordable of the two companies, offering average rates of $100 per month compared to $466 for Encompass. That being said, Farmers Mutual of Tennessee won't necessarily be the most affordable carrier for everyone, since there are a bunch of different variables that come into play when it comes to your insurance payment.

Who is better, Encompass or Farmers Mutual of Tennessee?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for each driver -- it all depends on what your unique car insurance profile looks like.

Why do Encompass and Farmers Mutual of Tennessee offer me different rates?

Auto insurance carriers take a look at quite a few different factors when calculating the prices they charge policyholders. Things such as age, gender, where you live, your driving record, and sometimes even things like your credit score can all be used. Both Encompass and Farmers Mutual of Tennessee calculate rates using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a range of different companies.

How do I know if Encompass or Farmers Mutual of Tennessee 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, Compare.com does 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. With those, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Encompass or Farmers Mutual of Tennessee 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.