Farmers Automobile vs. Le Mars: Which Company is the Best Fit for You?

Quick Facts

• In general, Farmers Automobile offers significantly less expensive rates than Le Mars
• Farmers Automobile offers more affordable average prices for drivers with a DUI charge on their record
• Le Mars offers more discounts than Farmers Automobile Insurance Association

Farmers Automobile vs. Le Mars: Which Company has the Cheapest Car Insurance?

So, you're thinking about 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 be considering Farmers Automobile or Le Mars as potential options, but which one has cheaper rates for car insurance?

Looking at the national average rates for both companies, Le Mars is quite a bit more expensive than Farmers Automobile, with prices averaging $234 per month compared to just $123 with Farmers Automobile.

Even so, that doesn't necessarily mean Farmers Automobile will be the less expensive option for every single driver. Insurance carriers use all sorts of complex algorithms to calculate premiums, so depending on how clean your driving record is or how old you are (among lots of other factors), you could see wildly different rates from the ones above.

Wanting to know if Farmers Automobile or Le Mars is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Farmers Automobile or Le Mars: Average Car Insurance Rates by State

Farmers Automobile and Le Mars only compete against each other in Iowa, where Farmers Automobile offers the cheaper average prices. For Iowa residents, Farmers Automobile offers auto insurance for $90 monthly on average. Le Mars's average premiums come out to be over 70% more expensive, at $234 a month.

There's a lot more that goes into your car 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 usually pay a lot more for auto insurance than any group on the road. The reason is that 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 insurance. As you can see above, teens who use Farmers Automobile save nearly $150 a month compared to those who use Le Mars.

That being said, both companies will decrease prices by the time you turn 25. For example, average rates for Farmers Automobile policyholders reduce more than $150 and Le Mars's prices drop about $200 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the lowest car insurance premiums you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

So, which company offers the best prices to retired drivers? Farmers Automobile gets the edge, with premiums for drivers 65 and older over 50% cheaper than the national average for Le Mars.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive auto insurance rates than married policyholders. That's because policies for married couples normally cover more than one car, which many carriers will offer you a discount for.

When it comes to relationship status, Farmers Automobile is the clear winner for single drivers, with premiums around $122 per month more affordable than Le Mars, on average. The advantage is also clear for married drivers - Farmers Automobile offers the most affordable average prices.

Farmers Automobile vs. Le Mars: 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 car insurance men will generally end up paying a little more.

With Farmers Automobile, men typically pay about $1 a month more than women, while with Le Mars, the difference is closer to $29 per month.

Looking at overall affordability, Farmers Automobile comes out as the cheapest option for both genders, with average rates $126 less for men and $98 cheaper for women.

Farmers Automobile or Le Mars: 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, insurance can be pretty complicated. Everyone needs car insurance, but there are so many different terms and limits that it can be hard 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 passengers if you cause a collision) 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 Automobile usually offers slightly less expensive prices of $75 compared to Le Mars's $78. When it comes to full coverage policies with similar limits, Farmers Automobile again has the edge, with policies around $200 a month more affordable than Le Mars, on average.

Is Farmers Automobile or Le Mars Better for Drivers with Spotty Records?

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

You'll probably end up paying more with tickets and accidents on your record, but which of these two companies offers the most affordable premiums to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Farmers Automobile policyholders can expect their rates to go up an average of $22 per month if they get a ticket, while Le Mars generally raises prices about $42 a month, on average.

But Farmers Automobile has cheaper rates for drivers in both categories. Drivers with a clean record can save around $51 per month and drivers with a speeding ticket can save about $71 a month with Farmers Automobile Insurance Association.

Which Company is Best for Drivers After an Accident?

Both carriers will increase premiums pretty significantly if you get into an at-fault accident with Le Mars climbing by just under $50. Farmers Automobile has a less extreme climb, but you can still expect to pay $30 more than you were prior to your first collision.

Overall, Farmers Automobile offers the lowest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $117 compared to Le Mars Insurance Company's $186.

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 insurance bill. For example, Le Mars increases average rates by nearly $300 per month -- that's just under a 70% increase.

If you have a DUI on your record and are looking for more affordable prices, Farmers Automobile tends to be the much less expensive option with average rates of $178 per month compared to $434 from Le Mars.

How does Credit Score Impact Farmers Automobile and Le Mars Rates?

Did you know that many auto insurance companies take into account your credit score when calculating premiums? This isn't always the case (for example, Massachusetts and Hawaii are two states that ban the practice entirely), but it might come into play for quite a few drivers.

The reasoning car insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so normally, they'll be asked to pay more, while those with good credit will be rewarded with cheaper prices.

So, which carrier offers the best premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with Farmers Automobile. Policyholders with "excellent" credit can save over 40% compared to Le Mars, and those with "good" scores can also expect to see savings -- around $81 or 45% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

Farmers Automobile typically offers lower rates than Le Mars when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about $98 a month less with Farmers Automobile compared to Le Mars, and those with "poor" scores generally save an average of around $212 a month.

Is Farmers Automobile or Le Mars 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 considerable impact on your monthly premiums? Normally, the more miles you drive, the more you can expect to pay for insurance.

Farmers Automobile tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure. Le Mars's average rates for drivers with 6,000 annual miles come in over $100 more expensive than Farmers Automobile. Those who drive 12,000 miles every year can expect to pay more than $100 more with Le Mars over Farmers Automobile.

Farmers Automobile vs. Le Mars: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a sizable role in how much you pay for car insurance. Typically, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because of the number of vehicles that are on the roads in those areas.

Farmers Automobile tends to offer the most affordable prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Farmers Automobile Insurance Association's average premiums are about 34% less than Le Mars Insurance Company. Drivers in suburban ZIP codes pay around 49% less with Farmers Automobile compared to Le Mars. If you live in a rural area, you can expect to save about 64% with Farmers Automobile compared to Le Mars.

Farmers Automobile vs. Le Mars Discounts

Regardless of why you might be in the market for a new auto 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 where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

In the section below, we've compared all of the different discounts offered by Farmers Automobile and Le Mars so that you can see which carrier can save you the most money each month.

Le Mars knocks Farmers Automobile out of the park when it comes to the sheer number of discounts available, offering 17 different discounts to Farmers Automobile's 17.

A couple of those are overlapping for things like discounts for being a good student, group discounts, and multi-policy discounts. Le Mars also offers ABS discounts, driver training discounts, family discounts, and more that Farmers Automobile does not.

On the flip side, Farmers Automobile has a couple unique discounts of its own -- discounts for being a defensive driver, EFT discounts, and seat belt discounts.

Final Thoughts: Is Farmers Automobile or Le Mars Best for You?

So, we've broken down the average rates for many of the variables auto insurance companies look at, and walked through the different discounts each carrier offers, too. But, at the end of the day, which insurance company is the best company for you and your specific profile and needs?

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

• You have below-average credit.
• You're looking for more protection with "full coverage" car insurance.
• You're married and plan to have both of your names on the vehicle's auto insurance policy.

Le Mars might be best for you if...

• You care about discounts (Le Mars offers the most).

We hope this guide has ben a valuable resource as you compare Farmers Automobile and Le Mars. 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 carriers, not just Farmers Automobile and Le Mars. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best car insurance companies in your area, all for free.

Farmers Automobile vs. Le Mars FAQs

Is Farmers Automobile or Le Mars cheaper?

Looking just at the national average premiums, Farmers Automobile is the more affordable of the two carriers, offering average rates of $123 per month compared to $234 for Le Mars. That being said, Farmers Automobile won't necessarily be the cheapest carrier for each driver, since there are many different factors that are considered when it comes to your insurance payment.

Who is better, Farmers Automobile or Le Mars?

Unfortunately, the real answer is "it depends.". No single company is "better" for every driver -- it all depends on the makeup of your unique auto insurance profile.

Why do Farmers Automobile and Le Mars offer me different rates?

Car insurance companies take a look at several different variables when determining the prices they charge drivers. Factors such as age, your driving record, gender, where your home is, and sometimes even things like your credit score can all be used. Both Farmers Automobile and Le Mars calculate premiums differently, so each one will most likely offer different prices. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from several different carriers.

How do I know if Farmers Automobile or Le Mars is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from a handful of companies 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 free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Farmers Automobile or Le Mars 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.