Farmers Mutual of Tennessee vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Farmers Mutual of Tennessee offers significantly less expensive premiums than Progressive
• Farmers Mutual of Tennessee offers more affordable rates for drivers who have a speeding ticket on their driving record
• Progressive may help you save more money -- they offer more discounts than Farmers Mutual of Tennessee

Farmers Mutual of Tennessee or Progressive: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering big savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Farmers Mutual of Tennessee or Progressive as potential options, but between the two, which company will save you the most?

Looking at the national average rates for both carriers, Progressive has average rates that are around 45% a month more expensive than those from Farmers Mutual of Tennessee.

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

Luckily, we've broken down average prices from both Farmers Mutual of Tennessee and Progressive by a range of different rate factors, so read on to find out which carrier is the best for you.

Farmers Mutual of Tennessee vs. Progressive: Average Car Insurance Rates by State

Farmers Mutual of Tennessee and Progressive only compete against each other in Tennessee, where Farmers Mutual of Tennessee offers the cheaper average rates. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their car insurance.

There's a lot more that goes into your insurance cost than just the state you live in. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance premiums of any group out there on the road. That's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, 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 Farmers Mutual of Tennessee for their insurance pay almost 50% less than those who use Progressive.

But with both carriers, you'll see your rates reduce significantly by the time you turn 25. Progressive 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 Mutual of Tennessee still has the cheapest prices at $96 a month.

Which is the Best Company for Retired Drivers?

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

When looking at Farmers Mutual of Tennessee and Progressive specifically, which company is best for retired drivers? Farmers Mutual of Tennessee gets the edge here, with average prices coming in at about $67 per month compared to Progressive's $131.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are typically more expensive for single policyholders than they are for married policyholders? This usually boils down to married couples having more than one vehicle on their policy -- something quite a few car insurance companies will reward with discounts.

For those who are single, the difference in average premiums between these two carriers is significant, with Farmers Mutual of Tennessee prices coming in at around half of Progressive's. The advantage is also clear for married drivers - Farmers Mutual of Tennessee offers the cheapest average rates.

Farmers Mutual of Tennessee or Progressive: Average Rates by Gender

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

Normally, women see prices over 15% a month less with Farmers Mutual of Tennessee, and about 3% less with Progressive when compared to their male counterparts.

Looking at overall affordability, Farmers Mutual of Tennessee offers the lowest average premiums for both men and women. On average, male drivers save about $75 per month and women save around $87 with Farmers Mutual of Tennessee compared to the average Progressive policyholder.

Farmers Mutual of Tennessee vs. Progressive: 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 a complicated subject for most people. Everyone needs car insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

Even so, the most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Farmers Mutual of Tennessee has the significant edge, with average monthly rates coming in at $44. If you want a full coverage policy with the same state minimum limits, Farmers Mutual of Tennessee again has the edge, with policies averaging about $155 a month to Progressive's $250.

Is Farmers Mutual of Tennessee or Progressive 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 speeding tickets and collisions on your record, but which of these two carriers offers the most affordable premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Farmers Mutual of Tennessee auto insurance policies don't report seeing their prices increase after getting a ticket, but Progressive policyholders can expect to see their monthly bill increase by around 15%.

But Farmers Mutual of Tennessee is generally the more affordable option for both drivers who have clean records and those with a recent speeding ticket -- their rates are around 42% cheaper for drivers with clean records and 52% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Farmers Mutual of Tennessee drivers who get in an accident can expect to see their premiums rise by $3, while those who have insurance through Progressive will see about a $65 increase.

At the end of the day, the less expensive rates come from Farmers Mutual of Tennessee, with average premiums coming in at $89 compared to Progressive's $214.

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 insurance bill -- normally a lot more than a collision or ticket. On average, Farmers Mutual of Tennessee will raise your prices around 37% after a DUI, while Progressive's average rates climb by more than 15%.

How does Credit Score Impact Farmers Mutual of Tennessee and Progressive Rates?

Did you know many auto insurance companies take your credit score into account when determining prices? Certain states and carriers do not allow for credit score to be used as a car insurance factor, but it will come into play for several policyholders.

Car 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, drivers with good credit will often be rewarded with cheaper rates.

Looking specifically at Progressive and Farmers Mutual of Tennessee, which carrier has the cheapest premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Farmers Mutual of Tennessee or Progressive 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 substantial impact on how much auto insurance carriers will charge for coverage? Usually, the more milage you put on your car each year, the more you can expect to pay for insurance.

In this case, neither Farmers Mutual of Tennessee or Progressive report increasing prices for drivers with higher annual mileage figures. Farmers Mutual of Tennessee comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle yearly, with average premiums of $100 per month for both.

Farmers Mutual of Tennessee or Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a pretty big impact on your monthly car insurance payment. Typically, those who live in urban areas will pay more than drivers in rural areas since there are a lot more cars on the road where they live, which increases the chances of an accident.

Farmers Mutual of Tennessee tends to offer the cheapest premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to pay about $89 monthly with Farmers Mutual of Tennessee compared to Progressive's $154. People in suburban areas pay a monthly rate of around $95 with Farmers Mutual of Tennessee compared to $179 with Progressive. In urban areas, Farmers Mutual of Tennessee's average rates are about $114 a month compared to Progressive's $207.

Farmers Mutual of Tennessee vs. Progressive Discounts

You want to save as much money as you can, right? The best way to do that is by taking advantage of as many 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 qualify for.

Luckily, we did the hard work for you and looked at all of the different discounts Farmers Mutual of Tennessee and Progressive offer their customers so that you can find the one that has the most discounts and, therefore, the largest savings.

Progressive blows Farmers Mutual of Tennessee away when it comes to the sheer amount of discounts available, offering 29 more discounts than Farmers Mutual of Tennessee.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for insuring multiple cars with the same company, and multi-policy discounts. Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, Farmers Mutual of Tennessee has a proprietary discount of their own -- a forgiveness discounts.

Final Thoughts: Is Farmers Mutual of Tennessee or Progressive Best for You?

You've seen the role certain variables have on your car insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is Farmers Mutual of Tennessee or Progressive the best company for you and your specific driver profile?

Farmers Mutual of Tennessee might be best for you if....

• Your driving record includes a DUI charge.
• Your neighborhood is in a city.
• Your neighborhood is in a rural area.

Progressive might be best for you if...

• You're planning on moving to another state soon -- undefined only offers policies in.
• You want to save extra money with discounts.

Hopefully, this guide has ben a valuable resource as you compare Farmers Mutual of Tennessee and Progressive. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on insurance -- comparing quotes from a handful of carriers, not just Farmers Mutual of Tennessee and Progressive. 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 companies in your area, all in just a few minutes.

Farmers Mutual of Tennessee vs. Progressive FAQs

Is Farmers Mutual of Tennessee or Progressive cheaper?

Farmers Mutual of Tennessee is the more affordable of the two carriers when looking at national average premiums, with policies averaging $100 per month with Farmers Mutual of Tennessee and $180 for Progressive. That being said, that doesn't mean Farmers Mutual of Tennessee will be the most affordable company for every driver, since there are a bunch of different factors that come into play when it comes to your car insurance bill.

Who is better, Farmers Mutual of Tennessee or Progressive?

Sadly, the answer truly is "it depends.". Neither carrier is necessarily "better" for everyone -- it all comes down to what your unique insurance profile looks like.

Why do Farmers Mutual of Tennessee and Progressive offer me different rates?

Auto insurance companies use many different variables when calculating the prices they charge. Factors such as age, where you call home, gender, your driving record, and sometimes even things like your credit score can all come into play. Both Farmers Mutual of Tennessee and Progressive calculate rates using different variables, so it's likely they'll offer different premiums. The best way to determine which company is the lowest for you is by comparing personalized quotes from several different carriers.

How do I know if Farmers Mutual of Tennessee or Progressive is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from multiple companies 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 auto insurance carriers for free. With those, you can guarantee you're getting the cheapest price. And maybe you'll find that the best company for you isn't Farmers Mutual of Tennessee or Progressive 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.