Frankenmuth vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Progressive offers significantly cheaper prices than Frankenmuth
• Frankenmuth tends to be a much less expensive option for drivers who have an at-fault accident on their record
• Progressive offers more affordable premiums for drivers who have less-than-stellar credit

Frankenmuth vs. Progressive: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You might be considering Frankenmuth or Progressive for your next policy, but which one will offer you more affordable rates?

As you can see, Progressive has average rates that are about 45% per month cheaper than those from Frankenmuth when looking at the national average rates for car insurance.

Even so, that doesn't mean Progressive will necessarily be more affordable than Frankenmuth for every driver. Insurance companies vary their premiums depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and all sorts of other factors, so prices will vary quite a bit from person to person.

So, if you want to find out which of Frankenmuth or Progressive is really the best for you, keep reading to see average rates for each carrier broken down by several different rate factors.

Frankenmuth or Progressive: Average Car Insurance Rates by State

Frankenmuth and Progressive only compete against each other in two states, with Progressive offering less expensive prices to the average driver in all of them. Michigan has the most noticable difference, where Progressive premiums are over 70% cheaper than auto insurance rates at Frankenmuth.

That being said, there are plenty of other factors that go into your car insurance bill 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 auto insurance premiums of any group on the road. It's because young, inexperienced 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 Progressive for their car insurance pay nearly $250 less than those who use Frankenmuth.

But both carriers will offer you dramatically lower rates once you turn 25. For example, average premiums for Frankenmuth policyholders lower more than 55% and Progressive's prices reduce almost 70% over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest premiums you'll ever find.

So, which company offers the best prices to retired drivers? Progressive gets the edge here, with average rates coming in at around $131 per month compared to Frankenmuth's $215.

Which is the Best Company for Married Drivers?

Married drivers tend to get slightly less expensive car insurance prices than single drivers. That's generally because married policyholders tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Progressive is the clear winner for single policyholders, with premiums about $143 a month more affordable than Frankenmuth, on average. The advantage for married couples with Progressive is also obvious, where drivers save nearly $150 per month.

Frankenmuth vs. Progressive: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll usually end up paying more for auto insurance than women.

Typically, women see rates around 2% a month less with Frankenmuth, while with Progressive, the difference is closer to 3% per month.

Looking at the data for each carrier specifically, Progressive offers the lowest average premiums for both men and women, with average rates $138 less for men and $137 cheaper for women.

Frankenmuth or 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.

Insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and terms that it can be hard to find the right policy.

However, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to liability).

If you're looking for state minimum liability limits, Progressive typically offers significantly cheaper prices of $111 compared to Frankenmuth's $214. When it comes to full coverage policies with similar limits, Progressive again has the edge, with policies about $150 a month more affordable than Frankenmuth, on average.

Is Frankenmuth or Progressive Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

You'll probably end up paying more with tickets and at-fault collisions on your record, but which of these two companies offers the most affordable rates to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Frankenmuth policyholders can expect their premiums to go up an average of $74 per month if they get a ticket, while Progressive generally raises prices around $31 a month, on average.

That being said, Progressive is typically the less expensive option for drivers both with clean records and with a speeding ticket, offering rates that are 14% and 27% cheaper, respectively, compared to Frankenmuth Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Frankenmuth can expect to see about an $41 -- or around 19% -- increase in their auto insurance premiums. Drivers who use Progressive for their car insurance will see a monthly bill about $65 (or 30%) more expensive after reporting a collision to their insurance company.

Overall, drivers who use Frankenmuth end up with the cheaper prices after an accident, with monthly prices averaging $214 compared to Progressive's $214.

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 ticket when it comes to your car insurance bill. Frankenmuth drivers usually see a 73% increase in their insurance premiums after a DUI charge, while Progressive will normally raise rates by around 16%.

How does Credit Score Impact Frankenmuth and Progressive Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (for example, California and Michigan are two states that ban the practice entirely), but it might come into play for a lot of drivers.

Auto insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, policyholders with bad credit will often be forced to pay more.

So, which carrier offers the cheapest prices for drivers 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 Frankenmuth or Progressive Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a sizable impact on how much car insurance carriers will charge for coverage. Usually, those who drive less will end up with more affordable rates since there's less of a chance of getting into an accident and causing an insurance claim.

In this case, neither Frankenmuth or Progressive report increasing prices for drivers with higher annual mileage figures. That being said, Progressive comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle each year, with average premiums of $180 per month for both.

Frankenmuth vs. Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a pretty big impact on your monthly auto insurance cost. Typically, those who live in urban areas will pay more than policyholders in rural areas because there are a lot more vehicles on the road in those areas, which increases the chances of an accident.

When comparing these two companies side-by-side, Progressive generally comes out as the most affordable option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Drivers in rural ZIP codes see the lowest rates from both carriers, but Progressive comes out on top with average premiums about $154 a month. Progressive also has less expensive average prices for policyholders in urban and suburban ZIP codes -- a $192 and $109 a month respective difference when compared to Frankenmuth drivers in similar areas.

Frankenmuth vs. Progressive Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many car insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be hard to find all the ones you're eligible for.

Below, we've taken a look at all of the different discounts Frankenmuth and Progressive offer their customers so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Progressive knocks Frankenmuth out of the park when it comes to the sheer number of discounts available, offering 23 more discounts than Frankenmuth.

There are a couple discounts both companies offer, but Progressive also offers ABS discounts, advanced safety feature discounts, agency transfer discounts, and more that Frankenmuth does not.

On the flip side, Frankenmuth has a couple unique discounts of its own -- family discounts and life policy discounts.

Final Thoughts: Is Frankenmuth or Progressive Best for You?

So, you've seen how different factors can affect your insurance rates. We've broken down the different discounts each company offers, too. That's all well and good, but at the end of the day, which carrier is the best one for you and your specific needs?

Progressive might be best for you if....

• You're single and purchasing auto insurance by yourself.
• Your neighborhood is in the suburbs.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

Frankenmuth might be best for you if...

• You have an at-fault accident on your record.

We hope this guide helps you get a good idea of the differences between Frankenmuth 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.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from several carriers, not just Frankenmuth and Progressive. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best car insurance companies in your area, all for free.

Frankenmuth vs. Progressive FAQs

Is Frankenmuth or Progressive cheaper?

Looking just at the national average prices, Progressive is the more affordable of the two carriers, offering average rates of $180 per month compared to $318 for Frankenmuth. Even so, Progressive won't necessarily be the most affordable company for everyone, since there are lots of different variables that come into play when it comes to your auto insurance payment.

Who is better, Frankenmuth or Progressive?

Unfortunately, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for everyone -- it all boils down to your unique insurance profile. For example, Frankenmuth offers less expensive premiums for policyholders with an at-fault collision on their record, while Progressive is cheaper for drivers who have less-than-stellar credit scores.

Why do Frankenmuth and Progressive offer me different rates?

Auto insurance companies take a look at quite a few different factors when calculating the rates they charge drivers. Variables such as your driving record, where you live, age, gender, and sometimes even things like your credit score can all come into play. Both Frankenmuth and Progressive calculate premiums using different formulas, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from many different carriers.

How do I know if Frankenmuth or Progressive is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from a handful of 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 information once and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Frankenmuth or Progressive at all!

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.