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

Quick Facts

• Looking at the national averages for insurance, Secura offers significantly less expensive premiums than Frankenmuth
• Secura has more affordable rates for couples purchasing car insurance together
• Secura offers cheaper average prices for policyholders who may not have much of a commute

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

So, you're thinking about switching your auto insurance. You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Frankenmuth or Secura for your next policy, but which company has more affordable rates for insurance?

Looking at the national average rates for both companies, Frankenmuth is quite a bit more expensive than Secura, with premiums averaging $318 per month compared to just $146 with Secura.

That being said, Secura may not be the most affordable or best option for every driver out there. Auto insurance carriers vary their rates depending on things like how clean your driving record is, how good your credit score is, how old you are, where you live, and a ton of other factors, so premiums will vary quite a bit from person to person.

So, if you want to find out which of Frankenmuth or Secura is really the best for you, keep reading to see average prices for each company broken down by a variety of different rate factors.

Frankenmuth or Secura: Average Car Insurance Rates by State

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

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

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for car insurance than any group on the road. That's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Secura for their insurance pay nearly $400 less than those who use Frankenmuth.

However, both companies will reduce prices by the time drivers turn 25. For example, average premiums for Frankenmuth policyholders lower more than 55% and Secura's prices decrease over 55% over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best rates for retired drivers between Frankenmuth and Secura? Secura gets the edge, with premiums for drivers 65 and older almost 50% more affordable than the national average for Frankenmuth.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be cheaper for married drivers than they are for those who are single. That's typically because married couples tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, Secura is the clear winner for single drivers, with rates about $195 a month less expensive than Frankenmuth, on average. The advantage for married policyholders with Secura is also obvious, where drivers save nearly $150 per month.

Frankenmuth vs. Secura: Average Rates by Gender

Because men are more likely to get speeding tickets and get into collisions, they raise the chances of filing a claim with insurance. Therefore, insurance carriers will tend to charge men more than women.

Typically, women see premiums around $6 a month more affordable with Frankenmuth, and about $3 less with Secura.

When it comes to the most affordable rates for each gender, Secura comes out as the lowest option for both genders, with average prices $174 less for men and $171 cheaper for women.

Frankenmuth or Secura: 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 can be pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with a liability policy).

If you're looking for state minimum liability limits, Secura usually offers significantly cheaper premiums of $69 compared to Frankenmuth's $214. When it comes to full coverage policies with similar limits, Secura again has the edge, with policies around $200 per month less expensive than Frankenmuth, on average.

Is Frankenmuth or Secura Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Tickets and at-fault accidents will most likely raise your prices, but is Frankenmuth or Secura cheaper for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Frankenmuth policyholders can expect their rates to go up an average of $74 a month if they get a ticket, while Secura normally raises prices about $35 per month, on average.

Even so, Secura is typically the less expensive option for drivers both with a speeding ticket and with a clean record. Drivers with a clean record can save around $86 a month and drivers with a ticket can save about $125 per month with SECURA Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will increase premiums pretty significantly if you get into an at-fault accident with Secura increasing by over $40. Frankenmuth has a less extreme increase, but you can still expect to pay more than $40 more than you were prior to your first collision.

Overall, drivers who use Secura end up with the cheaper prices after an accident, with monthly prices averaging $129 compared to Frankenmuth Insurance'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 speeding ticket. Frankenmuth drivers usually see a 73% raise in their car insurance premiums after a DUI charge, while Secura will generally increase rates by around 64%.

If you have a DUI on your record and are looking for more affordable prices, Secura tends to be the much more affordable option with average rates of $244 per month compared to $637 from Frankenmuth.

How does Credit Score Impact Frankenmuth and Secura Rates?

Did you know that many auto insurance companies take into account your credit score when calculating premiums? This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it might come into play for several drivers.

Insurance carriers 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 rates for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Frankenmuth or Secura Better for Drivers who Work from Home or Have Short Commutes?

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

As you can see in the table above, annual mileage doesn't have much of an impact on how much Frankenmuth charges. However, there's a small difference in monthly prices for Secura, with drivers who put 6,000 miles on their car yearly paying about $5 less each month compared to those who drive 12,000 miles every year. Still, Secura is the more affordable option for drivers in both categories.

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

Where you call home can play a pretty big role in how much you pay for insurance. Typically, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because there are a lot fewer vehicles on the roads in those areas.

Secura tends to offer the most affordable rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

In urban areas, Secura's average premiums are around $161 while Frankenmuth offers prices about $399. People in suburban areas pay a monthly rate of around $137 with Secura compared to $288 with Frankenmuth. Those in rural areas can expect to pay about $139 a month with Secura and $266 with Frankenmuth.

Frankenmuth vs. Secura Discounts

Regardless of 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 possible, and the best way to do that is by taking advantage of as many insurance discounts as you can.

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

In the table below, we've taken a look at all of the different discounts Frankenmuth and Secura offer their customers so that you can find the one that has the most discounts and, therefore, the biggest savings.

Secura knocks Frankenmuth out of the park when it comes to the sheer number of discounts available, offering 19 different discounts to Frankenmuth's 19.

There are a couple discounts both carriers offer, but Secura also offers anti-theft discounts, good student discounts, hybrid vehicle 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 Secura Best for You?

So, we've broken down the average rates for many of the factors auto insurance companies look at, and we've shown you all the discounts each carrier offers. But, when it comes down to it, which company is the best carrier for you and your specific profile and needs?

Secura might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault collisions on your record.
• You want basic car insurance coverage at the state minimum limits.
• You don't spend much time in your car.

Frankenmuth might be best for you if...

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

We hope this guide helps you get a better idea of the difference between Frankenmuth and Secura and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire 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 Secura. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top car insurance companies in your area, all in just a few minutes.

Frankenmuth vs. Secura FAQs

Is Frankenmuth or Secura cheaper?

Looking just at the national average prices, Secura is the cheaper of the two carriers, offering average rates of $146 a month compared to $318 for Frankenmuth. But Secura won't necessarily be the cheapest carrier for everyone, since there are a range of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Frankenmuth or Secura?

Sadly, the only answer we can give you is "it depends.". No one company is "better" for each driver -- it all boils down to your unique auto insurance profile.

Why do Frankenmuth and Secura offer me different rates?

Car insurance companies take a look at lots of different factors when determining the premiums they charge policyholders. Variables such as where you park your car, age, where your home is, gender, and sometimes even things like your credit score can all come into play. Both Frankenmuth and Secura use different formulas, so each one will most likely offer different prices. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a bunch of different carriers.

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

The only way to find the insurance company 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 do all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. With those, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Frankenmuth or Secura 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.