Farmers Automobile vs. Rurual Mutual: Which Company is the Best Fit for You?

Quick Facts

• In general, Farmers Automobile offers significantly more affordable prices than Rurual Mutual
• Farmers Automobile has cheaper rates for policyholders who haven't received any speeding tickets or been in a collision in the last few years
• Farmers Automobile has less expensive premiums for drivers with a DUI

Farmers Automobile or Rurual Mutual: 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 savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Farmers Automobile or Rurual Mutual as potential options, but which one will save you the most?

Looking at the national average rates for both carriers, Farmers Automobile has average rates that are around 25% a month more affordable than those from Rurual Mutual.

However, Farmers Automobile may not be the cheapest or best option for each driver out there. After all, car insurance companies can offer drastically different rates to every driver depending on rating factors like where you call home, your age, your credit score, or even your driving record (among other things). So, at the end of the day, rates from each carrier will differ quite a bit from person to person.

Luckily, we've broken down average prices from both Farmers Automobile and Rurual Mutual by multiple different rate factors, so read on to find out which company is the best for you.

Farmers Automobile vs. Rurual Mutual: Average Car Insurance Rates by State

Farmers Automobile and Rurual Mutual only compete against each other in Wisconsin, where Farmers Automobile offers the cheaper average premiums. Farmers Automobile drivers tend to pay about $25 per month less on average compared to drivers who use Rurual Mutual for their auto insurance.

But there's more to calculating insurance prices than just where you live. Keep reading to find out more.

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 out there on the road. That's typically because teen 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 teen drivers can't still save money on their car insurance. As you can see above, teens who use Farmers Automobile save over 20% a month compared to those who use Rurual Mutual.

That being said, with both carriers, you'll see your rates lower significantly by the time drivers turn 25. For example, average premiums for Farmers Automobile policyholders drop more than 60% and Rurual Mutual's prices decrease over 55% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the lowest 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 auto insurance.

But who has the best rates for retired drivers between Farmers Automobile and Rurual Mutual? Farmers Automobile gets the edge, with prices for drivers 65 and older $39 less expensive than the national average for Rurual Mutual.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly cheaper car insurance rates than single drivers. That's usually because married policyholders tend to own and insure multiple vehicles, which can often earn you a discount.

For single policyholders, the difference in average prices between these two companies is significant, with Farmers Automobile premiums coming in at a quarter less than Rurual Mutual's. The advantage for married drivers with Farmers Automobile is also obvious, where drivers save more than 30% per month.

Farmers Automobile or Rurual Mutual: Average Rates by Gender

Men typically pay more for auto insurance than women. This is because men are statistically more likely than women to get into an accident or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher prices.

On average, men see rates about 1% a month higher with Farmers Automobile, but with Rurual Mutual, the difference is closer to 6% per month.

Looking at the data for each carrier specifically, Farmers Automobile offers the most affordable average premiums for both men and women. On average, male drivers save about $50 a month and women save around $40 with Farmers Automobile compared to the average Rurual Mutual policyholder.

Farmers Automobile vs. Rurual Mutual: 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. There are so many different limits and coverages that it can make it pretty confusing to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (that covers property damage and bodily injury for other drivers and passengers if you cause a collision) and full coverage (which normally refers to having collision and comprehensive coverages alongside what you get with a liability policy).

When it comes to state minimum liability insurance, Rurual Mutual has the edge, while Farmers Automobile offers the lowest average prices for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $10 with Rurual Mutual Insurance, while full coverage comes out to be about $95 more affordable with Farmers Automobile Insurance Association.

Is Farmers Automobile or Rurual Mutual Better for Drivers with Spotty Records?

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

It's no secret secret that collisions and speeding tickets lead to higher premiums, but which company -- Farmers Automobile or Rurual Mutual -- has the cheapest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers who use Farmers Automobile for their auto insurance can generally expect their monthly bill to go up around 20% after getting a speeding ticket. Rurual Mutual policyholders can expect a less drastic increase of about 8%.

Even so, Farmers Automobile tends to offer the best prices for drivers both with a ticket and with a clean record, offering prices that are 26% and 14% less expensive, respectively, compared to Rurual Mutual Insurance.

Which Company is Best for Drivers After an Accident?

Farmers Automobile policyholders who get in an accident can expect to see their premiums rise by $30, while those who have insurance through Rurual Mutual will see around a $20 increase.

At the end of the day, Farmers Automobile offers the most affordable rates for drivers with an at-fault collision on their records, with average premiums coming in at $117 compared to Rurual Mutual Insurance's $136.

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 speeding ticket or even a collision. For example, Rurual Mutual increases average prices by more than $150 per month -- that's nearly a 60% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Farmers Automobile tends to be cheaper for the average driver, with monthly premiums coming in at about $178 to Rurual Mutual's $288.

How does Credit Score Impact Farmers Automobile and Rurual Mutual Rates?

Did you know many car insurance carriers take your credit score into account when determining premiums? This isn't true for everyone (for example, Michigan and Massachusetts are two states that ban the practice entirely), but it does affect lots of drivers out there.

Insurance companies 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 more affordable rates.

So, which carrier offers the lowest prices for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Farmers Automobile will usually reward you the most. For policyholders with "excellent" credit scores, Farmers Automobile comes in more than 35.48 cheaper. Drivers with "good" credit scores typically save around 29% with Farmers Automobile compared to average premiums from Rurual Mutual.

Which Company is Best for Drivers with Bad Credit?

Farmers Automobile typically offers lower prices than Rurual Mutual when it comes to drivers with bad credit. Drivers with "fair" credit pay about 31% a month less with Farmers Automobile compared to Rurual Mutual, and those with "poor" scores usually save an average of around 17% per month.

Is Farmers Automobile or Rurual Mutual 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 how much auto insurance carriers will charge for coverage? Normally, the more milage you put on your car each year, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Rurual Mutual charges. However, there's a significant difference in monthly rates for Farmers Automobile, with policyholders who drive the least paying about $21 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Farmers Automobile is the less expensive company.

Farmers Automobile or Rurual Mutual: 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 car insurance, but the type of area you live in can have a sizable impact as well. Generally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders since there are a lot more vehicles on the roads where they live.

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

In urban areas, Farmers Automobile's average rates are around $192 while Rurual Mutual offers premiums about $211. People in suburban areas pay around $92 with Farmers Automobile compared to Rurual Mutual's $132 monthly. If you live in a rural area, you can expect to pay about $84 a month with Farmers Automobile compared to Rurual Mutual's $158.

Farmers Automobile vs. Rurual Mutual Discounts

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

The challenging part is finding all of the discounts you can take advantage of, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Farmers Automobile and Rurual Mutual so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, Farmers Automobile has the advantage when it comes to total number of discounts. Rurual Mutual offers a grand total of six discounts, while Farmers Automobile has 11.

Both companies offer a lot of the same discounts -- like discounts for being a good student, multi-policy discounts, and paid in full discounts -- but Farmers Automobile also offers discounts for advance quote, anti-theft, defensive driver, and more.

On the other hand, Rurual Mutual has a few proprietary discounts of their own like claim free discounts and distant student discounts.

Final Thoughts: Is Farmers Automobile or Rurual Mutual Best for You?

You've seen the effect certain variables have on your insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, is Farmers Automobile or Rurual Mutual the right carrier for you and your specific needs?

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

• You have below-average credit.
• Your home is in a busy urban area.
• You and your spouse are buying car insurance together.

Rurual Mutual might be best for you if...

• You're looking for the best rates on liability only coverage.

Hopefully, this guide helps you get a good idea of the differences between Farmers Automobile and Rurual Mutual and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple companies, not just Farmers Automobile and Rurual Mutual. 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 insurance carriers in your area, all for free.

Farmers Automobile vs. Rurual Mutual FAQs

Is Farmers Automobile or Rurual Mutual cheaper?

Farmers Automobile is the cheaper of the two companies when looking at national average prices, with policies averaging $123 per month with Farmers Automobile and $167 for Rurual Mutual. However, that doesn't mean Farmers Automobile will be the most affordable carrier for each driver, since there are a bunch of different factors that come into play when it comes to your car insurance cost.

Who is better, Farmers Automobile or Rurual Mutual?

Sadly, the real answer is "it depends.". One company is not "better" for everyone -- it all boils down to your unique insurance profile.

Why do Farmers Automobile and Rurual Mutual offer me different rates?

Auto insurance carriers use quite a few different variables when calculating the rates they charge. Things such as your driving record, gender, age, where you live, and sometimes even things like your credit score can all be taken into consideration. Both Farmers Automobile and Rurual Mutual calculate prices using different factors, so it's likely they'll offer different premiums. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from lots of different companies.

How do I know if Farmers Automobile or Rurual Mutual is right for me?

The only way to find the insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does 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. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't Farmers Automobile or Rurual Mutual 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.