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

Quick Facts

• Based on national averages for insurance, State Farm offers significantly cheaper premiums than Frankenmuth
• State Farm offers more affordable average rates for residents of urban areas
• State Farm tends to be a much less expensive option for policyholders who live in the suburbs

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

Are you considering a new insurance policy? With so many ads from all sorts of companies offering large discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Frankenmuth or State Farm as your top options, but between the two, which company has cheaper premiums for car insurance?

Looking at nationwide averages, State Farm has average rates that are about 50% per month more affordable than those from Frankenmuth.

That being said, State Farm may not be the lowest or best option for every single driver out there. Insurance companies vary their prices depending on things like how good your credit score is, how old you are, where you live, how clean your driving record is, and tons of other factors, so rates will change quite a bit from person to person.

So, if you want to find out which of Frankenmuth or State Farm 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 State Farm: Average Car Insurance Rates by State

Frankenmuth and State Farm only compete against each other in two states, with Frankenmuth offering less expensive rates to the average driver in all of them. Ohio has the most noticable difference, where State Farm premiums are over 60% cheaper than auto insurance prices at Frankenmuth.

There's a lot more that goes into your car insurance cost than just your home state. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. That's because young, inexperienced 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 insurance rates. For example, 18-year-old drivers pay an average of nearly $350 less a month by choosing State Farm over Frankenmuth.

But both carriers will decrease premiums once you turn 25. For example, average rates for Frankenmuth policyholders lower almost $400 and State Farm's premiums reduce more than $200 over that time.

Which is the Best Company for Retired Drivers?

When it comes to auto insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices out there.

When looking at Frankenmuth and State Farm specifically, which carrier is best for retired drivers? State Farm gets the edge, with rates for drivers 65 and older nearly 50% less expensive than the national average for Frankenmuth.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance premiums tend to be more expensive for single policyholders than they are for married policyholders. That's because policies for married drivers normally cover several cars, which lots of companies will offer you a discount for.

When it comes to relationship status, State Farm is the clear winner for single drivers, with prices around $181 per month more affordable than Frankenmuth, on average. The advantage for married couples with State Farm is also obvious, where drivers save over 50% a month.

Frankenmuth vs. State Farm: Average Rates by Gender

You may not know, but men generally pay more for insurance than women do. This is because women are less likely to get into collisions and get tickets, which decreases the chances of an insurance claim.

With Frankenmuth, women usually pay about $6 per month less than men, and around $10 cheaper with State Farm when compared to their male counterparts.

Looking at overall affordability, State Farm comes out as the cheapest option for both genders. On average, women save about $163 a month and men save about $157 with State Farm compared to the average Frankenmuth policyholder.

Frankenmuth or State Farm: 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, auto insurance isn't the easiest topic to understand. Everyone needs insurance, but there are so many different coverages and terms that it can be hard to find the right policy.

However, most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with a liability policy).

If you're looking for state minimum liability limits, State Farm normally offers significantly cheaper rates of $99 compared to Frankenmuth's $214. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $200 per month more affordable than Frankenmuth, on average.

Is Frankenmuth or State Farm Better for Drivers with Spotty Records?

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

Tickets and at-fault accidents will most likely raise your prices, but is Frankenmuth or State Farm less expensive for 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 a month if they get a ticket, while State Farm generally raises rates about $21 per month, on average.

That being said, State Farm has more affordable premiums for drivers in both categories, offering prices that are $39 and $92 cheaper, respectively, compared to Frankenmuth Insurance.

Which Company is Best for Drivers After an Accident?

Frankenmuth drivers who get in a collision can expect to see their premiums increase by just under 20%, while those who have insurance through State Farm will see around a 20% increase.

Overall, the less expensive rates come from State Farm, with monthly prices averaging $163 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 -- usually a lot more than an accident or speeding ticket. On average, Frankenmuth will increase your premiums about 73% after a DUI, while State Farm's average prices rise by over 25%.

How does Credit Score Impact Frankenmuth and State Farm Rates?

Did you know that many car insurance carriers take your credit score into account when calculating rates? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it might come into play for quite a few policyholders.

The reasoning auto insurance companies use is that drivers with bad credit will be less likely to pay their bills on time; so typically, they'll be asked to pay more, while those with good credit will be rewarded with more affordable prices.

Looking at Frankenmuth and State Farm specifically, which one 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 Frankenmuth or State Farm Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a sizable impact on how much insurance carriers 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 a collision 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 State Farm, with policyholders who drive the least paying around $13 less each month compared to those who drive 12,000 miles yearly. Still, State Farm is the cheaper option for drivers in both categories.

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

Where you live can have a large impact on your monthly auto insurance payment. Normally, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

State Farm boasts the lowest average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the most affordable rates from both companies, but State Farm comes out on top with average premiums about $127 per month. State Farm also has less expensive average prices for policyholders in urban and suburban ZIP codes -- a $214 and $127 a month respective difference when compared to Frankenmuth drivers in similar areas.

Frankenmuth vs. State Farm Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many auto insurance discounts as you can.

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

In the section below, we've compared all of the different discounts offered by Frankenmuth and State Farm so that you can see which carrier can save you the most money each month.

State Farm blows Frankenmuth away when it comes to the sheer amount of discounts available, offering 12 more discounts than Frankenmuth.

A couple of those are overlapping for things like discounts for being a defensive driver, distant student discounts, and multi-policy discounts. State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Frankenmuth does not.

On the flip side, Frankenmuth has a couple unique discounts of its own -- advance quote discounts, family discounts, group discounts, and more.

Final Thoughts: Is Frankenmuth or State Farm Best for You?

So, you've seen how different factors can affect your insurance rates. We've shown you all the discounts each company offers, too. But, when it comes down to it, which insurance carrier is the best fit for you?

State Farm might be best for you if....

• You have a clean driving record, free of collisions, tickets, or DUIs.
• Your credit is below-average.
• Your neighborhood is in the suburbs.

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 good idea of the differences between Frankenmuth and State Farm and that it aids in making a more informed decision about your car 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 a handful of carriers, not just Frankenmuth and State Farm. 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 car insurance companies in your area, all for free.

Frankenmuth vs. State Farm FAQs

Is Frankenmuth or State Farm cheaper?

Looking just at the national average prices, State Farm is the cheaper of the two carriers, offering average rates of $158 per month compared to $318 for Frankenmuth. However, State Farm won't necessarily be the cheapest company for every driver, since there are a range of different variables that come into play when it comes to your auto insurance bill.

Who is better, Frankenmuth or State Farm?

Sadly, the answer truly is "it depends.". No one carrier is necessarily "better" for each driver -- it all boils down to your unique insurance profile.

Why do Frankenmuth and State Farm offer me different rates?

Car insurance companies take a look at several different factors when determining the rates they charge policyholders. Things such as where you park your vehicle, age, gender, where your home is, and sometimes even things like your credit score can all be used. Both Frankenmuth and State Farm calculate premiums using different variables, so each one will most likely offer different prices. The only real way to see which company is the most affordable for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the auto 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, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the lowest rate. And who knows, the best company for you might not be Frankenmuth or State Farm 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.