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

Quick Facts

• Based on national averages for auto insurance, Wolverine Mutual offers significantly less expensive prices than Fremont
• Fremont offers more discounts than Wolverine Mutual
• Wolverine Mutual tends to be a much more affordable option for policyholders who may not have much of a commute

Fremont vs. Wolverine Mutual: 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 large discounts, but exactly how much money can you save by switching?

You might be considering Fremont or Wolverine Mutual, but which company will save you the most?

Looking at the national average rates for both companies, Wolverine Mutual is quite a bit cheaper than Fremont, with premiums averaging $224 per month compared to $562 with Fremont.

That being said, that doesn't necessarily mean Wolverine Mutual will be the cheaper option for each driver. After all, insurance carriers can offer drastically different rates to each driver depending on rating factors like where you call home, your age, your credit score, or even your driving record (among other things). So, at the end of the day, prices from every company will differ quite a bit from person to person.

Luckily, we've broken down average rates from both Fremont and Wolverine Mutual by lots of different rate factors, so read on to find out which carrier is the best for you.

Fremont or Wolverine Mutual: Average Car Insurance Rates by State

Both Fremont and Wolverine Mutual only offer auto insurance in Michigan, so you'll see that the average figures here will mirror the ones we mentioned above. For Michigan residents, Wolverine Mutual offers car insurance for $224 monthly on average. Fremont's average premiums come out to be over 70% more expensive, at $562 per month.

Typically, your home state will play a big role in how much you pay for auto insurance, but since both companies only do business in Michigan, an array of other factors will come into play when you compare Fremont and Wolverine Mutual. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for car 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.

But that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of more than $500 less a month by choosing Wolverine Mutual over Fremont.

Even so, with both companies, you'll see your prices lower significantly once you turn 25. Wolverine Mutual offers the steepest decrease, with 25-year-olds paying a third less what 18-year-old drivers are charged. Fremont's average premiums decrease over 70% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the most affordable car insurance rates you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for insurance.

So, which company offers the best rates to retired drivers? Wolverine Mutual gets the edge, with prices for drivers 65 and older $202 less expensive than the national average for Fremont.

Which is the Best Company for Married Drivers?

Did you know that auto insurance rates are typically more affordable for married policyholders than they are for those who are single? That's because policies for married couples usually cover more than one car, which lots of carriers will offer you a discount for.

When it comes to relationship status, Wolverine Mutual is the clear winner for single drivers, with prices about $434 per month cheaper than Fremont, on average. The advantage is also clear for married drivers - Wolverine Mutual offers the lowest average premiums.

Fremont vs. Wolverine Mutual: Average Rates by Gender

Men are statistically more likely than women to get speeding tickets and get into collisions, which means they'll normally end up paying more for insurance than women.

Men and women end up paying the same monthly prices with Fremont; and with Wolverine Mutual, everyone ends up paying the same monthly premiums regardless of gender.

When it comes to the most affordable rates for each gender, Wolverine Mutual comes out as the cheapest option for both genders, with average premiums 60% less for men and 60% cheaper for women.

Fremont or Wolverine 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.

Auto insurance isn't the easiest topic to understand. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

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 their passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to liability).

If you're looking for state minimum limits for liability insurance, Wolverine Mutual typically offers significantly less expensive rates of $114 compared to Fremont's $334. When it comes to full coverage policies with similar limits, Wolverine Mutual again has the edge, with policies around $450 a month cheaper than Fremont, on average.

Is Fremont or Wolverine Mutual Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their 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 accidents will most likely raise your prices, but is Fremont or Wolverine Mutual more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Fremont policyholders can expect their rates to go up an average of $138 per month if they get a ticket, while Wolverine Mutual generally raises prices about $29 a month, on average.

However, Wolverine Mutual has cheaper premiums for drivers in both categories, offering prices that are $79 and $188 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 climb by over $80, while those who have insurance through Wolverine Mutual will see around a $40 increase.

Overall, drivers who use Wolverine Mutual end up with the cheaper prices after an accident, with monthly rates averaging $188 compared to Fremont Insurance's $307.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. Fremont drivers usually see a 83% increase in their auto insurance prices after a DUI charge, while Wolverine Mutual will usually climb premiums by about 62%.

If you have a DUI on your record and are looking for more affordable rates, Wolverine Mutual tends to be the much more affordable option with average prices of $389 a month compared to 1353 from Fremont.

How does Credit Score Impact Fremont and Wolverine Mutual Rates?

Often times, your credit score can be used as one of the variables to calculate your monthly car insurance rates. Certain states and companies do not allow for credit score to be used as a rating factor, but it will come into play for a lot of policyholders.

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, drivers with bad credit will often be forced to pay more.

So, which carrier 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 Wolverine Mutual Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a sizable impact on your monthly car insurance cost? Typically, those who drive fewer miles will end up with less expensive rates since there's less of a chance of getting into a collision and causing an insurance claim.

In this case, neither Fremont or Wolverine Mutual report increasing prices for drivers with higher annual mileage figures. Wolverine Mutual comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle each year, with average premiums of $224 per month for both.

Fremont vs. Wolverine Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a pretty big impact on your monthly auto insurance bill. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because of the small number of cars that are on the roads in those areas.

Wolverine Mutual tends to offer the cheapest rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

Drivers in rural ZIP codes see the lowest premiums from both companies, but Wolverine Mutual comes out on top with average prices around $137 monthly. Wolverine Mutual also has cheaper average premiums for policyholders in urban and suburban ZIP codes -- a $338 and $344 a month respective difference when compared to Fremont drivers in similar areas.

Fremont vs. Wolverine 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 car insurance discounts as you can.

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

In the section below, we've taken a look at all of the different discounts Fremont and Wolverine Mutual offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Overall, Fremont has the advantage when it comes to total number of discounts. Wolverine Mutual offers a grand total of nine discounts, while Fremont has 14.

There are a couple discounts both carriers offer, but Fremont also offers anti-theft discounts, COVID-19 relief discount, defensive driver discounts, and more that Wolverine Mutual does not.

On the flip side, Wolverine Mutual has a couple unique discounts of its own -- distant student discounts, military discounts, and seat belt discounts.

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

You've seen the role certain factors have on your insurance and the different discounts companies offer. But, when it comes down to it, which insurance company is the right one for you and your specific driver profile?

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

• You have received a ticket within the last few years.
• You live in an urban area.
• You are over 65 years old and want to save some money on your auto insurance.

Fremont might be best for you if...

• You're looking for discounts -- Fremont has the most.

We hope this guide helps you get a good idea of the differences between Fremont and Wolverine Mutual. We also hope we've given you the information you need to make the best decision when it comes to 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 a handful of carriers, not just Fremont and Wolverine Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance companies in your area, all in just a few minutes.

Fremont vs. Wolverine Mutual FAQs

Is Fremont or Wolverine Mutual cheaper?

Looking just at the national average rates, Wolverine Mutual is the more affordable of the two carriers, offering average rates of $224 per month compared to $562 for Fremont. But Wolverine Mutual won't necessarily be the cheapest carrier for every policyholder, since there are a variety of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Fremont or Wolverine Mutual?

Sadly, the only answer we can give you is "it depends.". Neither company is "better" for each driver -- it all depends on what your unique insurance profile looks like.

Why do Fremont and Wolverine Mutual offer me different rates?

Auto insurance companies take a look at quite a few different factors when calculating the premiums they charge policyholders. Things like your driving record, where your home is, gender, age, and sometimes even things like your credit score can all come into play. Both Fremont and Wolverine Mutual use different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from many different carriers.

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

The only way to find the car insurance company that's right for you is by getting quotes from multiple companies 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 auto insurance carriers in your area. That way, you can guarantee you're getting the cheapest price. And who knows, the best carrier for you might not be Fremont or Wolverine 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.