Gainsco vs. Noblr Reciprocal Exchange: Which Company is the Best Fit for You?

Quick Facts

• In general, Noblr Reciprocal Exchange offers significantly less expensive premiums than Gainsco
• Noblr Reciprocal Exchange has more affordable prices for policyholders who live in rural neighborhoods
• Noblr Reciprocal Exchange offers cheaper average premiums for policyholders who drive a short distance to work everyday

Gainsco or Noblr Reciprocal Exchange: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering big savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Gainsco or Noblr Reciprocal Exchange as your top options, but which one will save you the most?

Looking at nationwide averages, Noblr Reciprocal Exchange has average rates that are around 60% a month more affordable than those from Gainsco.

However, Noblr Reciprocal Exchange may not be the lowest or best option for each driver out there. After all, car insurance carriers can offer drastically different rates to every driver depending on rating factors like where you call home, your age, your driving record, or even your credit score (among other things). So, at the end of the day, rates from each company will differ quite a bit from person to person.

So, if you want to find out which of Gainsco or Noblr Reciprocal Exchange is really the best for you, keep reading to see average prices for each carrier broken down by a range of different rate factors.

Gainsco vs. Noblr Reciprocal Exchange: Average Car Insurance Rates by State

Both Gainsco and Noblr Reciprocal Exchange only offer auto insurance in Arizona, so you'll see that the average figures here will mirror the ones we mentioned above. Noblr Reciprocal Exchange drivers tend to pay about $126 per month less on average compared to drivers who use Gainsco for their car insurance.

Typically, where you call home will play a hefty role in how much you pay for insurance, but since both companies only do business in Arizona, a range of other variables will come into play when you compare Gainsco and Noblr Reciprocal Exchange. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance premiums of any group out there on the road. It's because teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 45% less a month by choosing Noblr Reciprocal Exchange over Gainsco.

Even so, both companies will offer you dramatically lower rates by the time you turn 25. For example, average premiums for Gainsco policyholders reduce more than 60% and Noblr Reciprocal Exchange's prices decrease almost 80% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the cheapest insurance rates out there. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for auto insurance.

But who has the best prices for retired drivers between Gainsco and Noblr Reciprocal Exchange? Noblr Reciprocal Exchange gets the edge, with rates for drivers 65 and older nearly 70% less expensive than the national average for Gainsco.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are typically more expensive for those who are single than they are for married couples? That's usually because married drivers tend to own and insure more than one vehicle, which can often earn you a discount.

For single policyholders, the difference in average premiums between these two carriers is significant, with Noblr Reciprocal Exchange rates coming in at about half of Gainsco's. The advantage for married policyholders with Noblr Reciprocal Exchange is also obvious, where drivers save around $100 per month.

Gainsco or Noblr Reciprocal Exchange: Average Rates by Gender

Because women are less likely to get speeding tickets and get into accidents, they run a lower risk of filing a claim with insurance. So, insurance companies will often charge women less than men.

Normally, men see prices about $15 a month higher with Gainsco, but with Noblr Reciprocal Exchange, the difference is closer to $4 per month.

Looking at the data for each company specifically, Noblr Reciprocal Exchange offers the most affordable average premiums for both men and women. On average, women save about $121 a month and men save around $131 with Noblr Reciprocal Exchange compared to the average Gainsco policyholder.

Gainsco vs. Noblr Reciprocal Exchange: 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. Everyone needs auto insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

The two most common policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which normally refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum limits for liability insurance, Noblr Reciprocal Exchange has the significant edge, with average monthly rates coming in at $46. If you want a full coverage policy with the same state minimum limits, Noblr Reciprocal Exchange again has the edge, with policies averaging about $112 per month to Gainsco's $285.

Is Gainsco or Noblr Reciprocal Exchange Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and collisions lead to higher premiums, but which carrier -- Gainsco or Noblr Reciprocal Exchange -- has the lowest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Gainsco for their auto insurance can typically expect their monthly bill to go up around 9% after getting a speeding ticket. Noblr Reciprocal Exchange policyholders can expect a bit more drastic of an increase of about 18%.

But Noblr Reciprocal Exchange is usually the cheaper option for drivers both with a ticket and with a clean record, offering rates that are $121 and $125 more affordable, respectively, compared to GAINSCO.

Which Company is Best for Drivers After an Accident?

Gainsco drivers who get in an accident can expect to see their premiums rise by just under 20%, while those who have insurance through Noblr Reciprocal Exchange will see around a 30% increase.

At the end of the day, the cheaper rates come from Noblr Reciprocal Exchange, with average prices coming in at $90 compared to GAINSCO's $227.

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 speeding ticket when it comes to your insurance bill. For example, Noblr Reciprocal Exchange increases average rates by nearly $20 a month -- that's nearly a 25% increase.

But if you end up with a DUI charge and are looking for more affordable prices, Noblr Reciprocal Exchange tends to be less expensive for the average driver, with monthly premiums coming in at about $83 to Gainsco's $203.

How does Credit Score Impact Gainsco and Noblr Reciprocal Exchange Rates?

You may not realized it, but your credit score can come into play when carriers determine your monthly bill. Certain states and companies do not allow for credit score to be used as a car insurance factor, but it does affect lots of policyholders out there.

The reasoning car insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with cheaper premiums.

So, which company offers the best prices for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Noblr Reciprocal Exchange will normally reward you the most. For drivers with "excellent" credit scores, Noblr Reciprocal Exchange comes in more than 76.1 less expensive. Drivers with "good" credit scores typically save around 75% with Noblr Reciprocal Exchange compared to average rates from Gainsco.

Which Company is Best for Drivers with Bad Credit?

Noblr Reciprocal Exchange typically offers lower premiums than Gainsco when it comes to drivers with bad credit. Drivers with "fair" credit pay about 51% per month less with Noblr Reciprocal Exchange compared to Gainsco, and those with "poor" scores usually save an average of around 44% a month.

Is Gainsco or Noblr Reciprocal Exchange 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 how much auto insurance companies will charge for coverage. Normally, those who drive less will end up with more affordable rates since there's less of a chance of causing a collision and filing an insurance claim.

In this case, neither Gainsco or Noblr Reciprocal Exchange report increasing premiums for drivers with higher annual mileage figures. Even so, Noblr Reciprocal Exchange comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car every year, with average prices of $79 a month for both.

Gainsco or Noblr Reciprocal Exchange: 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 insurance, but the type of area you live in can have a substantial impact as well. Generally, those who live in urban areas will pay more than policyholders in rural areas due to the number of vehicles that are on the roads where they live.

Noblr Reciprocal Exchange tends to offer the cheapest rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save about $66 with Noblr Reciprocal Exchange compared to Gainsco. People who live in suburban areas pay around $110 less with Noblr Reciprocal Exchange compared to Gainsco. For drivers in urban ZIP codes, Noblr Reciprocal Exchange's average premiums are about $202 less than GAINSCO.

Gainsco vs. Noblr Reciprocal Exchange Discounts

No matter 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 you can, and the best way to do that is by utilizing as many car insurance discounts as possible.

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

Luckily, we did the hard work for you and looked at all of the different discounts Gainsco and Noblr Reciprocal Exchange offer their customers so that you can find the carrier that has the most discounts and, therefore, the largest savings.

Overall, Noblr Reciprocal Exchange has the advantage when it comes to total number of discounts. Gainsco offers a grand total of four discounts, while Noblr Reciprocal Exchange has eight.

There are a couple discounts both carriers offer, but Noblr Reciprocal Exchange also offers discounts for advantage technology, continuous insurance, education, and more.

On the other hand, Gainsco has a few proprietary discounts of their own for things like advance quote discounts, paid in full discounts, and renewal discounts.

Final Thoughts: Is Gainsco or Noblr Reciprocal Exchange Best for You?

You've seen the effect certain variables have on your insurance and the different discounts companies offer. But, when it comes down to it, which insurance company is the best company for you, your vehicle, and your wallet?

Noblr Reciprocal Exchange might be best for you if....

• You will be the only person on the auto insurance policy.
• You're looking for discounts -- Noblr Reciprocal Exchange has the most.
• You're married and plan to have both of your names on the vehicle's insurance policy.

Gainsco might be best for you if...

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

Hopefully, this guide has ben a valuable resource as you compare Gainsco and Noblr Reciprocal Exchange and that you can now make a more informed decision when it comes to your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from multiple carriers, not just Gainsco and Noblr Reciprocal Exchange. 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 insurance companies in your area, all in just a few minutes.

Gainsco vs. Noblr Reciprocal Exchange FAQs

Is Gainsco or Noblr Reciprocal Exchange cheaper?

Noblr Reciprocal Exchange is the less expensive of the two carriers when looking at national average prices, with policies averaging $79 per month with Noblr Reciprocal Exchange and $205 for Gainsco. That being said, that doesn't mean Noblr Reciprocal Exchange will be the lowest carrier for each policyholder, since there are lots of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Gainsco or Noblr Reciprocal Exchange?

Sadly, the only answer we can give you is "it depends.". Neither company is "better" for everyone -- it all comes down to what your unique car insurance profile looks like.

Why do Gainsco and Noblr Reciprocal Exchange offer me different rates?

Auto insurance companies use quite a few different variables when determining the premiums they charge. Factors like where you call home, where your home is, gender, age, and sometimes even things like your credit score can all be used. Both Gainsco and Noblr Reciprocal Exchange calculate rates using different variables, so it's likely they'll offer different prices. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a bunch of different carriers.

How do I know if Gainsco or Noblr Reciprocal Exchange is right for me?

The only way to find the insurance company that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top car insurance carriers for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't Gainsco or Noblr Reciprocal Exchange at all, but another you hadn't even thought of!

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.