Farmers vs. United Financial Casualty Company: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, United Financial Casualty Company offers significantly more affordable prices than Farmers
• Farmers may help you save more money -- they offer more discounts than United Financial Casualty Company
• United Financial Casualty Company has cheaper rates for policyholders who don't have any speeding tickets, DUIs, or at-fault collisions on their record

Farmers or United Financial Casualty Company: Which Company has the Cheapest Car Insurance?

Are you considering 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 be considering Farmers or United Financial Casualty Company for your next policy, but which carrier will save you the most?

Looking at nationwide averages, Farmers has average rates that are around 35% a month more expensive than those from United Financial Casualty Company.

Even so, United Financial Casualty Company may not be the cheapest or best option for every single driver out there. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, your age, where you call home, or even your credit score (among other things), so premiums could differ drastically from person to person.

So, if you want to find out which of Farmers or United Financial Casualty Company is really the best for you, keep reading to see average rates for each company broken down by many different rate factors.

Farmers vs. United Financial Casualty Company: Average Car Insurance Rates by State

Farmers and United Financial Casualty Company only compete against each other in one states, with United Financial Casualty Company offering less expensive prices to the average driver in all of them. California has the most noticable difference, where United Financial Casualty Company rates are $42 cheaper than insurance prices at Farmers.

There are plenty of other factors that go into your car insurance cost than just where you live. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. That's typically because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But that doesn't mean teen drivers can't still save money on their auto insurance. Just look at the table above -- where 18-year-old drivers who have United Financial Casualty Company for their car insurance pay over 40% less than those who use Farmers. It's worth noting that Farmers offers auto insurance in 25 different states compared to United Financial Casualty Company's two, which can skew the average premiums a bit, but the difference here is still considerable.

That being said, both companies will offer you dramatically lower rates by the time you turn 25. For example, average prices for Farmers policyholders lower more than 70% and United Financial Casualty Company's premiums decrease over 65% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable insurance rates out there. After all, they've likely been driving for quite some time, which usually lowers their chances of accidents and other infractions that can raise prices.

When looking at Farmers and United Financial Casualty Company specifically, which carrier is best for retired drivers? United Financial Casualty Company gets the edge, with premiums for drivers 65 and older $48 less expensive than the national average for Farmers.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance rates tend to be more expensive for single policyholders than they are for married couples. That's because policies for married policyholders normally cover several vehicles, which several carriers will give you a discount for.

For those who are single, the difference in average prices between these two companies is significant, with United Financial Casualty Company premiums coming in at a third less than Farmers's. The advantage for married drivers with United Financial Casualty Company is also obvious, where drivers save about $55 per month.

Farmers or United Financial Casualty Company: Average Rates by Gender

Did you know women tend to pay less for auto insurance than men? That's because women are less likely to get into accidents and get tickets, which lowers the chances of filing a claim with insurance.

Men generally pay around $7 a month more than women with Farmers, and about $2 more with United Financial Casualty Company.

Looking at overall affordability, United Financial Casualty Company offers the lowest average prices for both men and women, with average rates $73 less for men and $68 cheaper for women.

Farmers vs. United Financial Casualty Company: 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 isn't the easiest topic to understand. There are multiple different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

The two most common policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause an accident) and full coverage (which typically refers to having collision and comprehensive coverages in addition to what you get with a liability policy).

Looking specifically at state minimum liability limits, United Financial Casualty Company has the significant edge, with average monthly premiums coming in at $79. If you want a full coverage policy with the same state minimum limits, United Financial Casualty Company again has the edge, with policies averaging around $187 per month to Farmers's $281.

Is Farmers or United Financial Casualty Company Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from insurance carriers 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 speeding tickets and collisions on your record, but which of these two companies offers the cheapest premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Farmers for their car insurance can usually expect their monthly bill to go up about 21% after getting a speeding ticket. United Financial Casualty Company policyholders can expect a bit more drastic of an increase of around 25%.

However, United Financial Casualty Company has more affordable rates for drivers in both categories. With United Financial Casualty Company, drivers with a clean record can save about $59 a month and drivers with a ticket can save around $69 per month.

Which Company is Best for Drivers After an Accident?

Both carriers will increase premiums pretty significantly if you get into an at-fault collision with Farmers climbing by about 28%. United Financial Casualty Company has a less extreme increase, but you can still expect to pay nearly 35% more than you were prior to your first accident.

At the end of the day, the cheaper prices come from United Financial Casualty Company, with average rates coming in at $158 compared to Farmers Insurance's $224.

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 speeding ticket when it comes to your insurance bill. For example, Farmers increases average prices by nearly $60 a month -- that's more than a 25% increase.

United Financial Casualty Company has the overall most affordable premiums for drivers with a DUI on their records at $134 per month, but it's worth noting that Farmers's average rates come from 25 states compared to just two for United Financial Casualty Company, so the data may be skewed slightly.

How does Credit Score Impact Farmers and United Financial Casualty Company Rates?

Did you know many auto insurance companies take your credit score into account when determining rates? This isn't true for everyone (for example, California and Michigan are two states that ban the practice entirely), but it does affect many 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 premiums.

Looking specifically at United Financial Casualty Company and Farmers, which company has the lowest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, United Financial Casualty Company will generally reward you the most. For policyholders with "excellent" credit scores, United Financial Casualty Company comes in over 36.59 more affordable. Drivers with "good" credit scores usually save around 35% with United Financial Casualty Company compared to average rates from Farmers.

Which Company is Best for Drivers with Bad Credit?

United Financial Casualty Company typically offers lower premiums than Farmers when it comes to drivers with bad credit. Drivers with "fair" credit pay about 32% per month less with United Financial Casualty Company compared to Farmers, and those with "poor" scores normally save an average of around 33% monthly.

Is Farmers or United Financial Casualty Company Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a substantial impact on your monthly insurance bill. Typically, the more milage you put on your car each year, the more you can expect to pay for auto insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Farmers charges. However, there's a small difference in monthly rates for United Financial Casualty Company, with drivers who put 6,000 miles on their vehicle yearly paying about $4 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, United Financial Casualty Company is the cheaper company.

Farmers or United Financial Casualty Company: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a large impact on your monthly car insurance payment. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

United Financial Casualty Company boasts the cheapest average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, United Financial Casualty Company's average rates are around $139 a month compared to Farmers's $251. Drivers in suburban ZIP codes pay a monthly rate of about $134 with United Financial Casualty Company compared to $189 with Farmers. If you live in a rural area, you can expect to pay around $125 a month with United Financial Casualty Company compared to Farmers's $170.

Farmers vs. United Financial Casualty Company Discounts

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

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

Luckily, we did the hard work for you and compared all of the different discounts offered by Farmers and United Financial Casualty Company so that you can find the one that has the most discounts and, therefore, the largest savings.

Farmers knocks United Financial Casualty Company out of the park when it comes to the sheer number of discounts available, offering 28 different discounts to United Financial Casualty Company's 18.

Both companies offer many of the same discounts -- like discounts for being a defensive driver, EFT discounts, discounts for being a good driver, and mature driver discounts -- but Farmers also offers discounts for ABS, advance quote, alternative fuel, and more.

On the other hand, United Financial Casualty Company has a few proprietary discounts of their own for things like continuous insurance discounts, e-signature discounts, minor child discounts, and more.

Final Thoughts: Is Farmers or United Financial Casualty Company Best for You?

So, we've broken down the average prices for many of the variables insurance carriers 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?

United Financial Casualty Company might be best for you if....

• You want to save money on your auto insurance after a collision.
• Your neighborhood is in the suburbs.
• You've started working from home and don't have much of a commute.

Farmers might be best for you if...

• You are considering moving to another state -- United Financial Casualty Company only offers policies in CA and ME.
• You're looking for discounts -- Farmers has the most.

Hopefully, this guide helps you get a better idea of the difference between Farmers and United Financial Casualty Company. 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 best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several companies, not just Farmers and United Financial Casualty Company. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Farmers vs. United Financial Casualty Company FAQs

Is Farmers or United Financial Casualty Company cheaper?

United Financial Casualty Company is the less expensive of the two companies when looking at national average premiums, with policies averaging $133 per month with United Financial Casualty Company and $203 for Farmers. But that doesn't mean United Financial Casualty Company will be the most affordable carrier for every policyholder, since there are a bunch of different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Farmers or United Financial Casualty Company?

Sadly, the answer truly is "it depends.". No single company is "better" for each policyholder -- it all comes down to what your unique insurance profile looks like.

Why do Farmers and United Financial Casualty Company offer me different rates?

Auto insurance carriers use quite a few different variables when calculating the rates they charge. Factors such as age, where you call home, your driving record, gender, and sometimes even things like your credit score can all be taken into consideration. Both Farmers and United Financial Casualty Company use different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Farmers or United Financial Casualty Company is right for me?

The only way to find the car insurance company 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, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get quotes from dozens of your local top auto insurance companies for free. That way, you can guarantee you're getting the best price. And maybe you'll find that the best carrier for you isn't Farmers or United Financial Casualty Company 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.