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

Quick Facts

• In general, State Farm offers significantly more affordable prices than Fremont
• State Farm has cheaper rates for drivers with a DUI charge on their record
• State Farm offers more discounts than Fremont Insurance

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

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

You might have narrowed it down to Fremont or State Farm as your top options, but which company will offer you less expensive premiums?

As you can see, State Farm is quite a bit cheaper than Fremont, with prices averaging $158 per month compared to $562 with Fremont when looking at the national average rates for car insurance.

That being said, that doesn't mean State Farm will necessarily be cheaper than Fremont for every driver. Auto insurance companies vary their rates depending on things like where you live, how old you are, how good your credit score is, how clean your driving record is, and tons of other factors, so premiums could vary drastically from person to person.

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

Fremont or State Farm: Average Car Insurance Rates by State

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But there's more to car insurance than just where you live. As we mentioned above, there's a lot of things that go into how auto insurance carriers calculate your prices. Read on to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance premiums of any group on the road. The reason is that young, inexperienced drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

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 State Farm for their car insurance pay more than $500 less than those who use Fremont.

Even so, both companies will offer you dramatically lower prices once you turn 25. For example, average premiums for Fremont policyholders decrease over $500 and State Farm's rates drop about $200 over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best rates to retired drivers? State Farm gets the edge here, with average premiums coming in at around $111 a month compared to Fremont's $321.

Which is the Best Company for Married Drivers?

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

When it comes to relationship status, State Farm is the clear winner for single policyholders, with rates about $501 a month more affordable than Fremont, on average. The advantage for married couples with State Farm is also obvious, where drivers save nearly 70% per month.

Fremont vs. State Farm: Average Rates by Gender

Because men are more likely to get into accidents and get tickets, they have an increased chance of filing a claim with insurance. Therefore, insurance carriers will tend to charge men more than women.

Women and men get the same monthly prices with Fremont, and around $12 more with State Farm.

Looking at the data for each carrier specifically, State Farm comes out on top for both men and women. On average, women save about $410 a month and men save about $398 with State Farm compared to the average Fremont policyholder.

Fremont 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.

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

However, most policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers if you cause a collision) and full coverage (which generally refers to having comprehensive and collision coverages in addition to what you get with liability coverage).

If you're looking for state minimum liability insurance, State Farm usually offers significantly cheaper premiums of $99 compared to Fremont's $334. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $500 per month less expensive than Fremont, on average.

Is Fremont 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.

You'll probably end up paying more with collisions and tickets 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?

Fremont policyholders can expect their premiums to go up an average of $138 a month if they get a ticket, while State Farm normally raises prices about $21 per month, on average.

But State Farm tends to offer the best prices for drivers both with a speeding ticket and with a clean record -- their rates are around 40% more affordable for drivers with clean records and 57% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Fremont drivers who get in an accident can expect to see their premiums rise by over 25%, while those who have insurance through State Farm will see around a 20% increase.

Overall, drivers who use State Farm end up with the cheaper prices after an accident, with monthly prices averaging $163 compared to Fremont Insurance's $307.

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 -- typically a lot more than a collision or ticket. Fremont drivers usually see a 83% increase in their auto insurance rates after a DUI charge, while State Farm will generally climb premiums by about 25%.

How does Credit Score Impact Fremont and State Farm Rates?

Did you know that many car insurance carriers take into account your credit score when calculating prices? This isn't always the case (for example, Massachusetts and California are two states that ban the practice entirely), but it might come into play for quite a few policyholders.

The reasoning 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 less expensive rates.

So, which company offers the lowest premiums for policyholders 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 Fremont or State Farm Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in your monthly auto insurance bill. That's because the more miles you put on your vehicle each year, the more likely you are to get into an accident and cause an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Fremont charges. However, there's a small difference in monthly prices for State Farm, with drivers who put 6,000 miles on their car annually paying around $13 less each month compared to those who drive 12,000 miles every year. Still, State Farm is the more affordable option for drivers in both categories.

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

Where you call home can have a substantial impact on your monthly car insurance cost. Generally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders due to the number of vehicles that are on the roads in those areas.

When comparing these two carriers side-by-side, State Farm normally comes out as the cheapest 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 companies, but State Farm comes out on top with average premiums about $127 per month. State Farm also has cheaper average rates for policyholders in urban and suburban ZIP codes -- a 73% and 70% a month respective difference when compared to Fremont drivers in similar areas.

Fremont vs. State Farm 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.

But with what seems like a million different discounts out there, it can be hard to find all the ones you qualify for or to nail down the carrier that has the most discounts for your unique driver profile.

In the table below, we've taken a look at all of the different discounts Fremont and State Farm offer their customers so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

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

There are a couple discounts both carriers offer, but State Farm also offers annual mileage discounts, distant student discounts, drive safe & save discounts, and more that Fremont does not.

On the flip side, Fremont has a couple unique discounts of its own -- COVID-19 relief discount, garage discounts, group discounts, and more.

Final Thoughts: Is Fremont or State Farm 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. That's all well and good, but when it comes down to it, which carrier is the right one for you and your specific profile and needs?

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

• You're single and purchasing car insurance by yourself.
• You care about discounts (State Farm offers the most).
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

Fremont 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 Fremont and State Farm and that it aids in making a more informed decision about your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several companies, not just Fremont 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 insurance carriers in your area, all for free.

Fremont vs. State Farm FAQs

Is Fremont or State Farm cheaper?

Looking just at the national average rates, State Farm is the more affordable of the two companies, offering average rates of $158 per month compared to $562 for Fremont. That being said, State Farm won't necessarily be the most affordable company for everyone, since there are multiple different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Fremont or State Farm?

Unfortunately, the only answer we can give you is "it depends.". No one carrier is necessarily "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Fremont and State Farm offer me different rates?

Car insurance carriers take a look at lots of different factors when determining the prices they charge policyholders. Things like where you park your car, where you live, gender, age, and sometimes even things like your credit score can all be taken into consideration. Both Fremont and State Farm use different formulas, so each one will most likely offer different premiums. The only real way to see which company is the lowest for you is by comparing personalized quotes from many different companies.

How do I know if Fremont 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 a handful of carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Fremont 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.