Encompass vs. Imt: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Imt offers significantly cheaper rates than Encompass
• Encompass offers more discounts than IMT Insurance
• Imt has more affordable premiums for policyholders who may not have much of a commute

Encompass vs. Imt: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering huge discounts, but exactly how much money can you save by switching?

You might be considering Encompass or Imt, but between the two, which company will save you the most?

Looking at nationwide averages, Encompass has average rates that are about 75% per month more expensive than those from Imt.

Even so, Imt may not be the cheapest or best option for each driver out there. Insurance companies use all sorts of complex algorithms to calculate rates, so depending on how old you are or how good your credit score is (among several other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of Encompass or Imt is really the best for you, keep reading to see average premiums for each carrier broken down by a variety of different rate factors.

Encompass or Imt: Average Car Insurance Rates by State

Encompass and Imt only compete against each other in one states, with Imt offering less expensive rates to the average driver in all of them. Wisconsin has the most noticable difference, where Imt premiums are over 70% cheaper than auto insurance prices at Encompass.

There are plenty of other factors that go into your car insurance payment than just your home state. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group out there on the road. It's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of more than $500 less a month by choosing Imt over Encompass. It's worth noting that Encompass offers car insurance in 31 different states compared to Imt's three, which can skew the average prices a bit, but the difference here is still considerable.

That being said, both carriers will lower premiums once you turn 25. For example, average prices for Encompass policyholders drop over $500 and Imt's rates decrease nearly $95 over that time.

Which is the Best Company for Retired Drivers?

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

When looking at Encompass and Imt specifically, which company is best for retired drivers? Imt gets the edge, with rates for drivers 65 and older $253 more affordable than the national average for Encompass.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly less expensive insurance prices than single drivers. That's typically because married drivers tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, Imt is the clear winner for those who are single, with premiums around $448 per month more affordable than Encompass, on average. The advantage for married policyholders with Imt is also obvious, where drivers save almost 75% a month.

Encompass vs. Imt: Average Rates by Gender

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

With Encompass, women usually pay about 5% per month less than men, and around 10% less with Imt.

When it comes to the most affordable rates for each gender, Imt offers the cheapest average prices for both men and women, with average rates $362 less for men and $351 cheaper for women.

Encompass or Imt: 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 can be pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause a collision) and full coverage (which generally refers to having comprehensive and collision coverages in addition to what you get with liability coverage).

If you're looking for state minimum liability limits, Imt typically offers significantly cheaper premiums of $58 compared to Encompass's $302. When it comes to full coverage policies with similar limits, Imt again has the edge, with policies about $450 a month less expensive than Encompass, on average.

Is Encompass or Imt 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 accidents and tickets lead to higher prices, but which carrier -- Encompass or Imt -- has the lowest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Encompass policyholders can expect their premiums to go up an average of $61 per month if they get a ticket, while Imt usually raises prices around $13 a month, on average.

But Imt tends to offer the best prices for drivers both with a speeding ticket and with a clean record, offering premiums that are $151 and $199 more affordable, respectively, compared to Encompass Insurance.

Which Company is Best for Drivers After an Accident?

Encompass drivers who get in an accident can expect to see their rates rise by over $100, while those who have insurance through Imt will see about a $60 increase.

Overall, Imt offers the most affordable prices for drivers with an at-fault accident on their records, with monthly premiums averaging $134 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 ticket when it comes to your auto insurance bill. For example, Encompass increases average prices by over $500 per month -- that's just under a 80% increase.

Imt has the overall lowest rates for drivers with a DUI on their records at $135 per month, but it's worth noting that Encompass's average rates come from 31 states compared to just three for Imt, so the data may be skewed slightly.

How does Credit Score Impact Encompass and Imt Rates?

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

Insurance carriers 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 less expensive rates.

So, which company offers the most affordable premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Imt. Drivers with "excellent" credit can save over 75% compared to Encompass, and those with "good" scores can also expect to see savings -- around $294 or 74% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Imt typically offers lower rates than Encompass when it comes to drivers with bad credit. Drivers with "fair" credit pay about $362 a month less with Imt compared to Encompass, and those with "poor" scores normally save an average of around $507 monthly.

Is Encompass or Imt 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 your monthly auto insurance bill. Generally, those who drive fewer miles will end up with less expensive prices since there's less of a chance of getting into a collision 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 Imt charges. However, there's a small difference in monthly premiums for Encompass, with policyholders who drive 6,000 miles every year paying about $2 less each month compared to those who drive 12,000 miles yearly. Still, Imt is the cheaper option for drivers in both categories.

Encompass vs. Imt: 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 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 roads in those areas.

When comparing these two companies side-by-side, Imt normally comes out as the lowest option 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 carriers, but Imt comes out on top with average prices around $90 a month. Imt also has more affordable average rates for drivers in urban and suburban ZIP codes -- a 76% and 77% per month respective difference when compared to Encompass policyholders in similar areas.

Encompass vs. Imt 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 utilizing as many insurance discounts as you can.

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

Below, we've broken down all of the different discounts offered by both Encompass and Imt so that you can see which carrier can save you the most money each month.

Encompass blows Imt away when it comes to the sheer amount of discounts available, offering 17 more discounts than Imt.

Both companies offer quite a few of the same discounts -- like distant student discounts, discounts for being a good student, and group discounts -- but Encompass also offers ABS discounts, advance quote discounts, anti-theft discounts, and more that Imt does not.

On the flip side, Imt has a couple unique discounts of its own -- commercial product discounts and minor child discounts.

Final Thoughts: Is Encompass or Imt Best for You?

So, we've broken down the average premiums for many of the variables car insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but at the end of the day, which company is the best fit for you?

Imt might be best for you if....

• You're single and purchasing auto insurance by yourself.
• You're worried about the impact your credit score will have on your prices.
• You've started working from home and don't have much of a commute.

Encompass might be best for you if...

• You value the experience that comes with a large national car insurance carrier.
• You want to save extra money with discounts.

We hope this guide helps you get a good idea of the differences between Encompass and Imt. We also hope we've given you the information you need to make the best decision when it comes to your 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 Encompass and Imt. 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 carriers in your area, all in just a few minutes.

Encompass vs. Imt FAQs

Is Encompass or Imt cheaper?

Looking just at the national average premiums, Imt is the cheaper of the two companies, offering average rates of $109 a month compared to $466 for Encompass. However, Imt won't necessarily be the most affordable company for every driver, since there are many different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Encompass or Imt?

Unfortunately, the real answer is "it depends.". No one carrier is necessarily "better" for everyone -- it all boils down to your unique auto insurance profile.

Why do Encompass and Imt offer me different rates?

Insurance carriers take a look at quite a few different variables when determining the prices they charge drivers. Things such as age, where you call home, your driving record, gender, and sometimes even things like your credit score can all come into play. Both Encompass and Imt calculate rates using different factors, so each one will most likely offer different premiums. The only real way to see which company is the lowest for you is by comparing personalized quotes from several different companies.

How do I know if Encompass or Imt is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from multiple carriers 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 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 cheapest premium. And who knows, the best company for you might not be Encompass or Imt 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.