Farmers Automobile vs. Trustgard Auto: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Farmers Automobile offers more affordable prices than Trustgard Auto
• Farmers Automobile has cheaper rates for policyholders who haven't received any speeding tickets or been in a collision in the last few years
• Trustgard Auto offers more affordable premiums for policyholders who live in urban areas

Farmers Automobile or Trustgard Auto: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering huge savings, but exactly how much money can you save by switching?

You might have narrowed your search down to Farmers Automobile or Trustgard Auto as potential options, but which company will save you the most?

As you can see, Farmers Automobile is around $14 a month less expensive than Trustgard Auto when looking at the national average rates for insurance.

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

Wanting to know if Farmers Automobile or Trustgard Auto 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.

Farmers Automobile vs. Trustgard Auto: Average Car Insurance Rates by State

Farmers Automobile and Trustgard Auto only compete against each other in one states, with Farmers Automobile offering cheaper premiums to the average driver in all of them. Illinois has the most noticable difference, where Farmers Automobile rates are $22 less expensive than car insurance prices at Trustgard Auto.

That being said, there are plenty of other factors that go into your auto insurance bill than just where you call home. Continue reading to see how other variables 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. Normally, that's because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Farmers Automobile for their car insurance pay almost 25% less than those who use Trustgard Auto.

However, with both companies, you'll see your premiums lower significantly by the time you turn 25. Trustgard Auto offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Farmers Automobile still has the most affordable rates at $103 per month.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the cheapest auto insurance prices you can find. After all, they've likely been driving for quite some time, which usually decreases their chances of collisions and other infractions that can raise premiums.

So, which company offers the best prices to retired drivers? In this case, Farmers Automobile has the slight edge, with rates about $0 per month less than Trustgard Auto. Even so, the difference is only around 5%, so other factors (like where you live or your driving record) will likely come into play when determining which carrier has the lowest premiums for you.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly more affordable car insurance rates than those who are single. That's typically because married drivers tend to own and insure more than one vehicle, which can often earn you a discount.

For single policyholders, the difference in average premiums between these two carriers is significant, with Farmers Automobile prices coming in at about 15% less than Trustgard Auto's. It's not quite so glaring for married policyholders, where drivers who use Trustgard Auto save around $1 a month.

Farmers Automobile or Trustgard Auto: 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 normally end up paying a little more.

With Farmers Automobile, men typically pay about 1% more per month than women., but with Trustgard Auto, the difference is closer to 6% a month.

When it comes to the cheapest premiums for each gender, Farmers Automobile comes out on top for both men and women. On average, male drivers save about $19 per month and women save around $11 with Farmers Automobile compared to the average Trustgard Auto policyholder.

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

The two most common policies end up falling into two different types of coverage -- liability coverage (that covers property damage and bodily injury for other drivers and passengers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages alongside liability).

Looking specifically at state minimum liability limits, Farmers Automobile has the slight edge, with average monthly rates coming in at $75. If you want a full coverage policy with the same state minimum limits, Farmers Automobile again has the edge, with policies averaging about $170 a month to Trustgard Auto's $196.

Is Farmers Automobile or Trustgard Auto Better for Drivers with Spotty Records?

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

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

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Farmers Automobile for their car insurance can usually expect their monthly bill to go up around 20% after getting a speeding ticket. Trustgard Auto policyholders can expect a bit more drastic of an increase of about 34%.

That being said, Farmers Automobile tends to offer the best prices for both drivers who have clean records and those with a recent ticket, offering prices that are 11% and 26% cheaper, respectively, compared to Trustgard Auto Insurance.

Which Company is Best for Drivers After an Accident?

Farmers Automobile drivers who get in an accident can expect to see their premiums increase by $30, while those who have insurance through Trustgard Auto will see around a $35 increase.

At the end of the day, the less expensive prices come from Farmers Automobile, with average premiums coming in at $117 compared to Trustgard Auto Insurance's $133.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- typically a lot more than a collision or speeding ticket. Farmers Automobile drivers usually see a 51% raise in their car insurance rates after a DUI charge, while Trustgard Auto will generally climb premiums by about 43%.

But if you end up with a DUI charge and are looking for more affordable prices, Trustgard Auto tends to be more affordable for the average driver, with monthly premiums coming in at around $171 to Farmers Automobile's $178.

How does Credit Score Impact Farmers Automobile and Trustgard Auto Rates?

Often times, your credit score can come into play when companies determine your monthly bill. Certain states and carriers do not allow for credit score to be used as an insurance factor, but it might come into play for lots of policyholders.

The reasoning insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will usually be forced to pay more.

So, which company offers the lowest 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, Farmers Automobile will normally reward you the most. For drivers with "excellent" credit scores, Farmers Automobile comes in nearly 28.57 less expensive. Drivers with "good" credit scores usually save about 23% with Farmers Automobile compared to average rates from Trustgard Auto.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can be somewhat of a toss-up as far as which company offers you the best prices. Drivers with "fair" credit pay around 12% less with Farmers Automobile than Trustgard Auto, but those whose credit is considered "poor" have it flipped -- saving about 10% per month with Trustgard Auto.

Is Farmers Automobile or Trustgard Auto Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly premiums. Normally, those who drive less will end up with cheaper prices since there's less of a chance of causing an accident and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Trustgard Auto charges. However, there's a significant difference in monthly rates for Farmers Automobile, with drivers who put 6,000 miles on their car yearly paying around $21 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Farmers Automobile is the more affordable carrier.

Farmers Automobile or Trustgard Auto: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a big role in how much you pay for auto insurance. Generally, those who live in rural areas will pay less than policyholders in urban areas due to the small number of vehicles that are on the roads where they live.

When comparing these two carriers side-by-side, Farmers Automobile boasts the cheapest average prices in rural and suburban areas, while Trustgard Auto wins in urban areas.

Those in rural areas can expect to save about $50 with Farmers Automobile compared to Trustgard Auto. People who live in suburban areas pay around $40 less with Farmers Automobile compared to Trustgard Auto. For drivers in urban ZIP codes, Trustgard Auto Insurance's average premiums are about $45 less than Farmers Automobile Insurance Association.

Farmers Automobile vs. Trustgard Auto Discounts

No matter 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 you can, and the best way to do that is by utilizing as many insurance discounts as possible.

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

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

Overall, Trustgard Auto has the advantage when it comes to total number of discounts. Farmers Automobile offers a grand total of 11 discounts, while Trustgard Auto has 16.

Both companies offer many of the same discounts -- like advance quote discounts, discounts for being a defensive driver, and group discounts -- but Trustgard Auto also offers discounts for advanced safety feature, company car, COVID-19 relief, and more.

On the other hand, Farmers Automobile has a few proprietary discounts of their own for things like EFT discounts, hybrid vehicle discounts, multi-car discounts, and more.

Final Thoughts: Is Farmers Automobile or Trustgard Auto Best for You?

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

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

• You've received a ticket for speeding recently and don't want to see your rates climb.
• You want the most robust protection via a "full coverage" policy.
• You want to save money while purchasing insurance for a teenager.

Trustgard Auto might be best for you if...

• You're looking for the carrier with the most discounts.
• Your home is in a busy urban area.
• You are purchasing your auto insurance with a spouse.

Hopefully, this guide has ben a valuable resource as you compare Farmers Automobile and Trustgard Auto and that you can now make a more informed decision when it comes to 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 Farmers Automobile and Trustgard Auto. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Farmers Automobile vs. Trustgard Auto FAQs

Is Farmers Automobile or Trustgard Auto cheaper?

Farmers Automobile is the cheaper of the two companies when looking at national average prices, with policies averaging $123 a month with Farmers Automobile and $137 for Trustgard Auto. However, that doesn't mean Farmers Automobile will be the lowest company for each driver, since there are a range of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Farmers Automobile or Trustgard Auto?

Sadly, the answer truly is "it depends.". One carrier is not "better" for every policyholder -- it all depends on what your unique insurance profile looks like. For example, Farmers Automobile is more affordable for drivers with excellent credit, while Trustgard Auto offers less expensive rates for drivers with a recent DUI.

Why do Farmers Automobile and Trustgard Auto offer me different rates?

Car insurance carriers use many different variables when determining the prices they charge. Factors like age, where you park your car, gender, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Farmers Automobile and Trustgard Auto calculate premiums using different formulas, so it's likely they'll offer different rates. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Farmers Automobile or Trustgard Auto is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from several 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 quotes from dozens of your local top car insurance companies for free. That way, you can guarantee you're getting the most affordable price. And maybe you'll find that the best company for you isn't Farmers Automobile or Trustgard Auto 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.