Fremont vs. Hastings Mutual: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Hastings Mutual offers significantly more affordable prices than Fremont
• Fremont offers more discounts than Hastings Mutual Insurance Company
• Hastings Mutual has less expensive rates for policyholders who live in suburban areas

Fremont vs. Hastings Mutual: Which Company has the Cheapest Car Insurance?

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

You might be considering Fremont or Hastings Mutual as your top options, but between the two, which company will offer you cheaper premiums?

Looking at the national average rates for both companies, Hastings Mutual is quite a bit cheaper than Fremont, with prices averaging $211 per month compared to $562 with Fremont.

But Hastings Mutual may not be the lowest or best option for each 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, where you live, how old you are, and a variety of other factors, so premiums could vary drastically from person to person.

Wanting to know if Fremont or Hastings Mutual is really the right carrier for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Fremont or Hastings Mutual: Average Car Insurance Rates by State

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But there's more to calculating insurance rates than just where you call home. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance prices of any group on the road. That'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.

Even so, 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 Hastings Mutual for their car insurance pay more than $500 less than those who use Fremont.

That being said, both companies will decrease premiums by the time drivers turn 25. For example, average prices for Fremont policyholders drop over 70% and Hastings Mutual's rates lower more than 45% over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best prices to retired drivers? Hastings Mutual gets the edge, with rates for drivers 65 and older nearly 50% more affordable than the national average for Fremont.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive car insurance premiums than married couples. That's usually because married policyholders tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, Hastings Mutual is the clear winner for those who are single, with prices about $453 a month less expensive than Fremont, on average. The advantage for married drivers with Hastings Mutual is also obvious, where drivers save almost 55% per month.

Fremont vs. Hastings Mutual: Average Rates by Gender

Women tend to pay less for insurance than men. This is because men are statistically more likely than women to get pulled over for speeding or get into an accident, which leads to increased risk for insurers and, therefore, higher rates.

Women and men end up paying same monthly prices with Fremont, and around $5 more with Hastings Mutual.

Looking at the data for each carrier specifically, Hastings Mutual comes out as the cheapest option for both genders, with average premiums 62% less for men and 63% cheaper for women.

Fremont or Hastings 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.

Car insurance can be a complicated subject for most people. There are lots of different coverages that account for several different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury 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 liability coverage).

If you're looking for state minimum limits for liability insurance, Hastings Mutual generally offers significantly cheaper rates of $142 compared to Fremont's $334. When it comes to full coverage policies with similar limits, Hastings Mutual again has the edge, with policies about $500 a month more affordable than Fremont, on average.

Is Fremont or Hastings Mutual 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.

It's no secret secret that collisions and tickets lead to higher prices, but which company -- Fremont or Hastings Mutual -- has the lowest premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Fremont policyholders can expect their prices to go up an average of $138 per month if they get a ticket, while Hastings Mutual typically raises premiums around $20 a month, on average.

However, Hastings Mutual tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering rates that are $116 and $234 less expensive, respectively, compared to Fremont Insurance.

Which Company is Best for Drivers After an Accident?

Fremont drivers who get in a collision can expect to see their premiums rise by over 25%, while those who have insurance through Hastings Mutual will see about a 15% increase.

Overall, Hastings Mutual offers the most affordable prices for drivers with an at-fault accident on their records, with monthly rates averaging $126 compared to Fremont Insurance's $307.

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 insurance bill. On average, Fremont will raise your prices around 83% after a DUI, while Hastings Mutual's average premiums climb by over 75%.

If you have a DUI on your record and are looking for more affordable rates, Hastings Mutual tends to be the much cheaper option with average prices of $478 a month compared to 1353 from Fremont.

How does Credit Score Impact Fremont and Hastings Mutual Rates?

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

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

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 Fremont or Hastings Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on how much auto insurance carriers will charge for coverage. That's because the more miles you put on your car each year, the more likely you are to get into an accident and cause an insurance claim.

In this case, neither Fremont or Hastings Mutual report increasing premiums for drivers with higher annual mileage figures. Hastings Mutual comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle every year, with average prices of $211 per month for both.

Fremont vs. Hastings 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 car insurance, but the type of area you live in can have a pretty big impact as well. Normally, those who live in urban areas will pay more than policyholders in rural areas due to the number of cars that are on the roads in those areas.

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

For drivers in urban ZIP codes, Hastings Mutual offers prices about $291 per month compared to Fremont's $682. People who live in suburban ZIP codes can expect to pay around $177 a month for Hastings Mutual and $536 for Fremont. Lastly, those in rural areas tend to get the lowest rates from both companies, with average monthly premiums coming in at $164 and $467 for Hastings Mutual and Fremont respectively.

Fremont vs. Hastings Mutual Discounts

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

The challenging part is finding all of the discounts you qualify for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

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

Looking at the total number of discounts, Fremont comes out ahead with 14 discounts to Hastings Mutual's 10.

There are a couple discounts both carriers offer, but Fremont also offers COVID-19 relief discount, garage discounts, group discounts, and more that Hastings Mutual does not.

On the flip side, Hastings Mutual has a couple unique discounts of its own -- company car discounts, prior carrier discounts, and workloss exclusion discounts.

Final Thoughts: Is Fremont or Hastings Mutual Best for You?

So, you've seen how different factors can affect your auto insurance prices. We've shown you all the discounts each company offers, too. But, at the end of the day, is Fremont or Hastings Mutual the right carrier for you, your vehicle, and your wallet?

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

• Your driving record contains an at-fault accident.
• You're looking for more protection with "full coverage" insurance.
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

Fremont might be best for you if...

• You care about discounts (Fremont offers the most).

We hope this guide has ben a valuable resource as you compare Fremont and Hastings Mutual and that it aids in making a more informed decision about your car 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 auto insurance -- comparing quotes from multiple companies, not just Fremont and Hastings Mutual. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of top insurance carriers in your area, all in just a few minutes.

Fremont vs. Hastings Mutual FAQs

Is Fremont or Hastings Mutual cheaper?

Looking just at the national average rates, Hastings Mutual is the more affordable of the two companies, offering average rates of $211 per month compared to $562 for Fremont. That being said, Hastings Mutual won't necessarily be the most affordable carrier for each driver, since there are a range of different variables that are considered when it comes to your car insurance cost.

Who is better, Fremont or Hastings Mutual?

Unfortunately, the real answer is "it depends.". No one company is "better" for everyone -- it all depends on what your unique insurance profile looks like.

Why do Fremont and Hastings Mutual offer me different rates?

Auto insurance carriers take a look at several different factors when determining the premiums they charge policyholders. Things such as gender, your driving record, age, where you live, and sometimes even things like your credit score can all be taken into consideration. Both Fremont and Hastings Mutual calculate rates differently, so each one will most likely offer different prices. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from multiple different companies.

How do I know if Fremont or Hastings Mutual is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the lowest premium. And who knows, the best carrier for you might not be Fremont or Hastings Mutual 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.