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

Quick Facts

• Looking at the national averages for insurance, Indiana Farmers offers significantly cheaper prices than Encompass
• Encompass offers more discounts than Indiana Farmers Insurance
• Indiana Farmers offers more affordable rates for couples purchasing auto insurance together

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

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering huge discounts. But exactly how much can you save by switching?

You might have narrowed your search down to Encompass or Indiana Farmers as your top options, but between the two, which one has more affordable prices for insurance?

As you can see, Indiana Farmers is quite a bit cheaper than Encompass, with rates averaging $81 per month compared to $466 with Encompass when looking at the national average rates for car insurance.

However, Indiana Farmers may not be the lowest or best option for each driver out there. Auto insurance companies use a ton of complex algorithms to calculate premiums, so depending on where you live or how good your credit score is (among a multitude of other factors), you could see wildly different rates from the ones above.

Luckily, we've broken down average premiums from both Encompass and Indiana Farmers by a variety of different rate factors, so read on to find out which company is the best for you.

Encompass or Indiana Farmers: Average Car Insurance Rates by State

Encompass and Indiana Farmers only compete against each other in Indiana, where Indiana Farmers offers the cheaper average prices. For Indiana residents, Indiana Farmers offers insurance for $81 monthly on average. Encompass's average premiums come out to be over 70% more expensive, at $144 per month.

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

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance prices of any group out there on the road. It's because young, inexperienced 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 teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of more than $500 less a month by choosing Indiana Farmers over Encompass. It's worth noting that Encompass offers auto insurance in 31 different states compared to Indiana Farmers's one, which can skew the average premiums a bit, but the difference here is still considerable.

But both companies will reduce rates by the time drivers turn 25. For example, average prices for Encompass policyholders lower over $500 and Indiana Farmers's rates drop about $60 over that time.

Which is the Best Company for Retired Drivers?

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

When looking at Encompass and Indiana Farmers specifically, which carrier is best for retired drivers? Indiana Farmers gets the edge, with premiums for drivers 65 and older $268 less expensive than the national average for Encompass.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly more affordable car insurance prices than single drivers. This usually boils down to married policyholders having multiple cars on their policy -- something lots of auto insurance carriers will reward with discounts.

When it comes to relationship status, Indiana Farmers is the clear winner for those who are single, with rates around $480 per month less expensive than Encompass, on average. For married drivers, the advantage is clear again - Indiana Farmers has the edge when it comes to average premiums.

Encompass vs. Indiana Farmers: 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.

Generally, women see prices nearly $25 a month cheaper with Encompass, and about $7 with Indiana Farmers.

Looking at the data for each company specifically, Indiana Farmers comes out as the lowest option for both genders. On average, male drivers save about $393 per month and women save around $377 with Indiana Farmers compared to the average Encompass policyholder.

Encompass or Indiana Farmers: 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.

Car insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different limits and terms that it can be hard to find the right policy.

That being said, most policies that many drivers look at fall into two categories -- 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 a liability policy).

If you're looking for state minimum liability limits, Indiana Farmers normally offers significantly more affordable rates of $44 compared to Encompass's $302. When it comes to full coverage policies with similar limits, Indiana Farmers again has the edge, with policies about $500 a month less expensive than Encompass, on average.

Is Encompass or Indiana Farmers Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Collisions and tickets will most likely raise your prices, but is Encompass or Indiana Farmers cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Encompass policyholders can expect their rates to go up an average of $61 per month if they get a ticket, while Indiana Farmers generally raises premiums around $14 a month, on average.

But Indiana Farmers tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering prices that are $157 and $204 more affordable, respectively, compared to Encompass Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will raise rates pretty significantly if you get into an at-fault accident with Encompass raising by over $100. Indiana Farmers has a less extreme raise, but you can still expect to pay just under $15 more than you were prior to your first collision.

Overall, drivers who use Indiana Farmers end up with the cheaper prices after an accident, with monthly premiums averaging $84 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 accident or ticket when it comes to your auto insurance bill. On average, Encompass will climb your prices about 78% after a DUI, while Indiana Farmers's average rates climb by over 15%.

Indiana Farmers has the overall cheapest prices for drivers with a DUI on their records at $84 a month, but it's worth noting that Encompass's average rates come from 31 states compared to just one for Indiana Farmers, so the data may be skewed slightly.

How does Credit Score Impact Encompass and Indiana Farmers Rates?

You may not have known, but your credit score can come into play when companies calculate your monthly bill. This isn't always the case (for example, Hawaii and California are two states that ban the practice entirely), but it does affect quite a few drivers out there.

Car 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, policyholders with good credit will often be rewarded with less expensive rates.

Looking at Encompass and Indiana Farmers specifically, which company has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Indiana Farmers. Policyholders with "excellent" credit can save just under 85% compared to Encompass, and those with "good" scores can also expect to see savings -- around $328 or 83% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Indiana Farmers typically offers lower rates than Encompass when it comes to drivers with bad credit. Drivers with "fair" credit pay about $391 per month less with Indiana Farmers compared to Encompass, and those with "poor" scores normally save an average of around $531 per month.

Is Encompass or Indiana Farmers 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 sizable impact on how much auto insurance companies will charge for coverage? Usually, those who drive fewer miles will end up with more affordable premiums since there's less of a chance of getting into an accident and causing an insurance claim.

For both drivers who put 6,000 miles on their vehicles every year, as well as those who average twice that figure, Indiana Farmers tends to be the less expensive option. Encompass's average prices for drivers with 6,000 annual miles come in nearly $400 more expensive than Indiana Farmers. Those who drive 12,000 miles yearly can expect to pay just under $400 more with Encompass over Indiana Farmers.

Encompass vs. Indiana Farmers: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can play a big role in how much you pay for insurance. Typically, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

Indiana Farmers boasts the lowest average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the cheapest premiums from both carriers, but Indiana Farmers comes out on top with average rates about $72 a month. Indiana Farmers also has cheaper average prices for policyholders in urban and suburban ZIP codes -- a 84% and 81% a month respective difference when compared to Encompass drivers in similar areas.

Encompass vs. Indiana Farmers Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many car insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you qualify for.

In the table below, we've broken down all of the different discounts offered by both Encompass and Indiana Farmers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Encompass knocks Indiana Farmers out of the park when it comes to the sheer number of discounts available, offering 18 more discounts than Indiana Farmers.

There are a couple discounts both companies offer, but Encompass also offers ABS discounts, anti-theft discounts, distant student discounts, and more that Indiana Farmers does not.

On the flip side, Indiana Farmers has a couple unique discounts of its own -- mature driver discounts, renewal discounts, and select market discounts.

Final Thoughts: Is Encompass or Indiana Farmers Best for You?

You've seen the effect certain factors have on your insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, is Encompass or Indiana Farmers the best carrier for you and your specific driver profile?

Indiana Farmers might be best for you if....

• You like the personalized touch of a small, local company.
• You want basic auto insurance coverage at the state minimum limits.
• You are over 65 years old and want to save some money on your car insurance.

Encompass might be best for you if...

• You value the experience that comes with a large national 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 Indiana Farmers. 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 auto insurance policy is to compare quotes from multiple companies, not just Encompass and Indiana Farmers. 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 insurance carriers in your area, all in just a few minutes.

Encompass vs. Indiana Farmers FAQs

Is Encompass or Indiana Farmers cheaper?

Looking just at the national average rates, Indiana Farmers is the more affordable of the two companies, offering average rates of $81 per month compared to $466 for Encompass. That being said, Indiana Farmers won't necessarily be the most affordable company for each driver, since there are a range of different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Encompass or Indiana Farmers?

Unfortunately, the only answer we can give you is "it depends.". No single carrier is "better" for every driver -- it all comes down to what your unique auto insurance profile looks like.

Why do Encompass and Indiana Farmers offer me different rates?

Insurance carriers take a look at several different factors when calculating the premiums they charge policyholders. Things such as your driving record, where you call home, gender, age, and sometimes even things like your credit score can all be taken into consideration. Both Encompass and Indiana Farmers calculate prices differently, so each one will most likely offer different premiums. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

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

The only way to find the car insurance carrier 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 makes 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. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Encompass or Indiana Farmers 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.