Foremost vs. Oregon Mutual: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Oregon Mutual offers significantly less expensive premiums than Foremost
• Oregon Mutual offers cheaper average rates for policyholders who are looking to purchase insurance with a spouse
• Oregon Mutual tends to be a much more affordable option for single people who will be the only person on the insurance policy

Foremost or Oregon Mutual: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering pretty big savings. But exactly how much can you save by switching?

You might have narrowed it down to Foremost or Oregon Mutual, but which one will offer you less expensive premiums?

Looking at the national average rates for both carriers, Foremost has average rates that are around 50% a month more expensive than those from Oregon Mutual.

But that doesn't necessarily mean Oregon Mutual will be the more affordable option for every single driver. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like your driving record, where you call home, your credit score, or even your age (among other things). So, at the end of the day, prices from each company will differ quite a bit from person to person.

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

Foremost vs. Oregon Mutual: Average Car Insurance Rates by State

Foremost and Oregon Mutual only compete against each other in one states, with Oregon Mutual offering cheaper prices to the average driver in all of them. Washington has the most noticable difference, where Oregon Mutual rates are $44 more affordable than car insurance premiums at Foremost.

That being said, there's a lot more that goes into your auto insurance cost than just your home state. Read on to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for insurance compared to older drivers. That's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean that teen drivers have to just accept sky-high car insurance prices. For example, 18-year-old drivers pay an average of almost 40% less per month by choosing Oregon Mutual over Foremost.

However, both carriers will reduce premiums by the time you turn 25. Oregon Mutual offers the steepest decrease, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Foremost's average rates lower over 60% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the lowest insurance prices out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for car insurance.

But who has the best premiums for retired drivers between Foremost and Oregon Mutual? Oregon Mutual gets the edge, with prices for drivers 65 and older $119 less expensive than the national average for Foremost.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive auto insurance premiums than married policyholders. That's because policies for married couples generally cover more than one vehicle, which a lot of companies will give you a discount for.

For those who are single, the difference in average rates between these two carriers is significant, with Oregon Mutual premiums coming in at about half of Foremost's. The advantage is also clear for married drivers - Oregon Mutual offers the most affordable average prices.

Foremost or Oregon Mutual: Average Rates by Gender

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

On average, women see rates around 1% a month less with Foremost, and nearly 10% less with Oregon Mutual when compared to their male counterparts.

Looking at overall affordability, Oregon Mutual comes out as the cheapest option for both genders. On average, women save about $139 per month and men save about $131 with Oregon Mutual compared to the average Foremost policyholder.

Foremost vs. Oregon 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.

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 limits and coverages that it can be hard to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (that covers bodily injury and property damage for other drivers and their passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, Oregon Mutual has the significant edge, with average monthly prices coming in at $97. If you want a full coverage policy with the same state minimum limits, Oregon Mutual again has the edge, with policies averaging around $172 a month to Foremost's $366.

Is Foremost or Oregon Mutual Better for Drivers with Spotty Records?

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

Speeding tickets and at-fault collisions will most likely raise your rates, but is Foremost or Oregon Mutual cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Foremost for their insurance can typically expect their monthly bill to go up about 22% after getting a speeding ticket. Oregon Mutual policyholders can expect a less drastic increase of around 9%.

But Oregon Mutual tends to offer the best prices for both drivers who have a recent ticket and those with clean records -- their rates are around 45% less expensive for drivers with clean records and 53% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both companies will raise premiums pretty significantly if you get into an at-fault collision with Foremost climbing by about 47%. Oregon Mutual has a less extreme climb, but you can still expect to pay more than 15% more than you were prior to your first accident.

At the end of the day, Oregon Mutual offers the most affordable prices for drivers with an at-fault collision on their records, with average premiums coming in at $133 compared to Foremost Insurance Group's $381.

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 an accident. On average, Oregon Mutual will raise your rates around 35% after a DUI, while Foremost's average premiums climb by over 15%.

But if you end up with a DUI charge and are looking for more affordable prices, Oregon Mutual tends to be more affordable for the average driver, with monthly premiums coming in at about $171 to Foremost's $238.

How does Credit Score Impact Foremost and Oregon Mutual Rates?

You may not have known, but your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (for example, Hawaii and California are two states that ban the practice entirely), but it will come into play for lots of drivers.

Car insurance companies argue that those with poor credit scores are less likely to pay their bills on time every month, which raises the risk involved on their end, while the opposite is true for those with good credit.

Looking at Foremost and Oregon Mutual specifically, which carrier has the best rates 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 Foremost or Oregon 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 substantial impact on your monthly prices? That's because the more milage you put on your car, the more likely you are to be in a collision and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Foremost charges. However, there's a small difference in monthly rates for Oregon Mutual, with policyholders who drive the least paying around $5 less each month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Oregon Mutual is the less expensive company.

Foremost or Oregon 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 insurance, but the type of area you live in can have a big impact as well. Normally, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer vehicles on the roads where they live.

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

For policyholders in urban ZIP codes, Oregon Mutual's average premiums are about $167 less than Foremost Insurance Group. People who live in suburban areas pay around $149 less with Oregon Mutual compared to Foremost. Those in rural areas can expect to save about $90 with Oregon Mutual compared to Foremost.

Foremost vs. Oregon Mutual 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. That's where auto insurance discounts comes into play.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Foremost and Oregon Mutual so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, Oregon Mutual has advantage when it comes to total number of discounts. Foremost offers a grand total of 12 discounts, while Oregon Mutual has 15.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, and multi-policy discounts. Oregon Mutual also offers discounts for csl discount, driver training, employee discount, and more.

On the other hand, Foremost has a few proprietary discounts of their own for things like EFT discounts, good driving discounts, minor child discounts, and more.

Final Thoughts: Is Foremost or Oregon Mutual Best for You?

So, you've seen how different variables can affect your insurance rates. We've broken down the different discounts each company offers, too. That's all well and good, but when it comes down to it, is Foremost or Oregon Mutual the right company for you and your specific driver profile?

Oregon Mutual might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault accidents on your record.
• You're of retirement age and want to take advantage of lower prices.

Foremost might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide has ben a valuable resource as you compare Foremost and Oregon Mutual. 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 car insurance -- comparing quotes from a handful of carriers, not just Foremost and Oregon Mutual. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Foremost vs. Oregon Mutual FAQs

Is Foremost or Oregon Mutual cheaper?

Oregon Mutual is the more affordable of the two carriers when looking at national average rates, with policies averaging $135 per month with Oregon Mutual and $270 for Foremost. However, that doesn't mean Oregon Mutual will be the most affordable carrier for every policyholder, since there are a bunch of different factors that come into play when it comes to your car insurance bill.

Who is better, Foremost or Oregon Mutual?

Unfortunately, the real answer is "it depends.". Neither company is necessarily "better" for everyone -- it all boils down to your unique auto insurance profile.

Why do Foremost and Oregon Mutual offer me different rates?

Insurance companies use several different variables when determining the premiums they charge. Factors such as gender, where you park your car, age, your driving record, and sometimes even things like your credit score can all be used. Both Foremost and Oregon Mutual calculate prices using different variables, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Foremost or Oregon Mutual is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from several companies 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 carriers for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best carrier for you isn't Foremost or Oregon 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.