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

Quick Facts

• Based on national averages for auto insurance, Farmers Mutual of Tennessee offers significantly cheaper premiums than Safe Auto
• Farmers Mutual of Tennessee has more affordable rates for single people who will be the only person on the car insurance policy
• Safe Auto may help you save more money -- they offer more discounts than Farmers Mutual of Tennessee

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

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

You might have narrowed it down to Farmers Mutual of Tennessee or Safe Auto, but between the two, which one will offer you less expensive premiums?

Looking at the national average rates for both carriers, Safe Auto is quite a bit more expensive than Farmers Mutual of Tennessee, with prices averaging $223 a month compared to just $100 with Farmers Mutual of Tennessee.

But Farmers Mutual of Tennessee may not be the cheapest or best option for every driver out there. Insurance companies vary their premiums depending on things like how good your credit score is, where you live, how clean your driving record is, how old you are, and a ton of other factors, so prices could vary drastically from person to person.

Luckily, we've broken down average rates from both Farmers Mutual of Tennessee and Safe Auto by a bunch of different rate factors, so read on to find out which company is the best for you.

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

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

But there's more to calculating car insurance rates than just your home state. Read on to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance prices of any group out there on the road. The reason is that 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 insurance. Just look at the table above -- where 18-year-old drivers who have Farmers Mutual of Tennessee for their car insurance pay over 50% less than those who use Safe Auto.

However, both carriers will offer you dramatically lower rates once you turn 25. Safe Auto offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Farmers Mutual of Tennessee still has the lowest prices at $96 per month.

Which is the Best Company for Retired Drivers?

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

So, which carrier offers the best prices to retired drivers? Farmers Mutual of Tennessee gets the edge here, with average premiums coming in at around $67 monthly compared to Safe Auto's $179.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive insurance rates than married couples. This usually boils down to married drivers having several vehicles on their policy -- something quite a few auto 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 about half of Safe Auto's. The advantage for married policyholders with Farmers Mutual of Tennessee is also obvious, where drivers save more than 55% a month.

Farmers Mutual of Tennessee or Safe Auto: Average Rates by Gender

Men normally pay more for insurance than women. This is because men are statistically more likely than women to get into a collision or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher rates.

On average, women see premiums around $15 per month more affordable with Farmers Mutual of Tennessee, and over $15 cheaper with Safe Auto when compared to their male counterparts.

Looking at the data for each company specifically, Farmers Mutual of Tennessee comes out on top for both men and women. On average, women save about $123 a month and men save about $123 with Farmers Mutual of Tennessee compared to the average Safe Auto policyholder.

Farmers Mutual of Tennessee vs. Safe 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.

For most people, car insurance isn't the easiest topic to understand. There are many different coverages that account for several different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

Even so, most policies that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which usually refers to having collision and comprehensive coverages alongside what you get with a liability policy).

Looking specifically at state minimum liability limits, Farmers Mutual of Tennessee has the significant edge, with average monthly prices 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 around $155 per month to Safe Auto's $320.

Is Farmers Mutual of Tennessee or Safe Auto Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great premiums 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 at-fault accidents on your record, but which of these two carriers offers the lowest prices to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Farmers Mutual of Tennessee insurance policies don't report seeing their rates increase after getting a ticket, but Safe Auto policyholders can expect to see their monthly bill increase by about 20%.

That being said, Farmers Mutual of Tennessee tends to offer the best prices for drivers both with a speeding ticket and with a clean record, offering premiums that are $94 and $134 less expensive, respectively, compared to Safe Auto.

Which Company is Best for Drivers After an Accident?

Farmers Mutual of Tennessee drivers who get in an accident can expect to see their prices climb by 3%, while those who have insurance through Safe Auto will see around a 25% increase.

At the end of the day, Farmers Mutual of Tennessee offers the most affordable rates for drivers with an at-fault collision on their records, with average prices coming in at $89 compared to Safe Auto's $246.

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 ticket or even a collision. For example, Safe Auto increases average rates by $65 a month -- that's more than a 25% increase.

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

Did you know many car insurance companies take your credit score into account when determining premiums? 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 lots of policyholders.

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 prices.

So, which carrier offers the cheapest premiums for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Farmers Mutual of Tennessee or Safe Auto 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 large impact on your monthly rates? That's because the more milage you put on your car each year, the more likely you are to be in an accident and file an insurance claim.

In this case, neither Farmers Mutual of Tennessee or Safe Auto report increasing prices for drivers with higher annual mileage figures. That being said, 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 annually, with average rates of $100 per month for both.

Farmers Mutual of Tennessee or Safe Auto: 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 big impact as well. Generally, those who live in urban areas will pay more than drivers in rural areas due to the number of cars that are on the roads where they live.

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

For policyholders in urban ZIP codes, Farmers Mutual of Tennessee's average premiums are about 58% less than Safe Auto. People who live in suburban areas pay around 53% less with Farmers Mutual of Tennessee compared to Safe Auto. Those in rural areas can expect to save about 55% with Farmers Mutual of Tennessee compared to Safe Auto.

Farmers Mutual of Tennessee vs. Safe Auto 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 taking advantage of as many insurance discounts as possible.

But with what seems like a million different discounts out there, it can be difficult to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Farmers Mutual of Tennessee and Safe Auto so that you can find the company that has the most discounts and, therefore, the largest savings.

Safe Auto blows Farmers Mutual of Tennessee away when it comes to the sheer amount of discounts available, offering 14 different discounts to Farmers Mutual of Tennessee's five.

Both carriers offer many of the same discounts -- like discounts for being a defensive driver and discounts for insuring multiple cars with the same company -- but Safe Auto also offers discounts for agency transfer, anti-theft, claim free, and more.

On the other hand, Farmers Mutual of Tennessee has a few proprietary discounts of their own for things like forgiveness discounts, good driving discounts, and multi-policy discounts.

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

You've seen the effect certain variables have on your auto 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 Safe Auto the right carrier for you and your specific needs?

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

• You're worried about the impact your credit score will have on your prices.
• You want the most robust protection via a "full coverage" policy.
• You and your spouse are buying car insurance together.

Safe Auto might be best for you if...

• You're planning on moving to another state soon -- undefined is only available in.
• You care about discounts (Safe Auto offers the most).

Hopefully, this guide helps you get a good idea of the differences between Farmers Mutual of Tennessee and Safe Auto. We also hope we've given you the information you need to make the best decision about 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 a handful of carriers, not just Farmers Mutual of Tennessee and Safe Auto. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Farmers Mutual of Tennessee vs. Safe Auto FAQs

Is Farmers Mutual of Tennessee or Safe Auto cheaper?

Farmers Mutual of Tennessee is the more affordable of the two carriers when looking at national average premiums, with policies averaging $100 a month with Farmers Mutual of Tennessee and $223 for Safe Auto. Even so, that doesn't mean Farmers Mutual of Tennessee will be the cheapest company for every driver, since there are lots of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Farmers Mutual of Tennessee or Safe Auto?

Unfortunately, the only answer we can give you is "it depends.". No single carrier is "better" for each policyholder -- it all comes down to what your unique car insurance profile looks like.

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

Auto insurance companies use a lot of different variables when calculating the prices they charge. Things like age, gender, where you call home, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Farmers Mutual of Tennessee and Safe Auto calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which company is the most affordable for you is by comparing personalized quotes from multiple different carriers.

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

The only way to find the insurance carrier that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once 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 lowest rate. And maybe you'll find that the best company for you isn't Farmers Mutual of Tennessee or Safe 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.