Gainsco vs. Trumbull: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Gainsco offers more affordable prices than Trumbull
• Gainsco has cheaper rates for policyholders who live in urban areas
• Trumbull may help you save more money -- they offer more discounts than GAINSCO

Gainsco or Trumbull: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering huge savings. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Gainsco or Trumbull as your top options, but which company will save you the most?

As you can see, Trumbull has average rates that are around 19% a month more expensive than those from Gainsco when looking at the national average rates for auto insurance.

Even so, that doesn't mean Gainsco will necessarily be less expensive than Trumbull for each driver. Insurance carriers vary their prices depending on things like where you live, how good your credit score is, how old you are, how clean your driving record is, and tons of other factors, so premiums could change drastically from person to person.

Luckily, we've broken down average rates from both Gainsco and Trumbull by several different rate factors, so read on to find out which carrier is the best for you.

Gainsco vs. Trumbull: Average Car Insurance Rates by State

Both Gainsco and Trumbull only offer car insurance in Arizona, so you'll see that the average figures here will mirror the ones we mentioned above. Gainsco drivers tend to pay about $48 per month less on average compared to drivers who use Trumbull for their auto insurance.

Typically, where you live will play a big role in how much you pay for car insurance, but since both companies only do business in Arizona, many other variables will come into play when you compare Gainsco and Trumbull. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for insurance than any group on the road. That's usually 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.

However, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use Gainsco save almost 25% a month compared to those who use Trumbull.

That being said, with both companies, you'll see your premiums drop significantly once you turn 25. For example, average rates for Gainsco policyholders decrease over 60% and Trumbull's prices lower nearly 60% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the lowest auto insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which typically reduces their chances of collisions and other infractions that can raise prices.

When looking at Gainsco and Trumbull specifically, which company is best for retired drivers? In this case, Gainsco has the slight edge, with rates about $4 per month less than Trumbull. But the difference is only around 5%, so other variables will likely come into play when determining which carrier has the most affordable prices for you.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are usually cheaper for married drivers than they are for those who are single? This usually boils down to married policyholders having more than one vehicle on their policy -- something several car insurance carriers will reward with discounts.

For single policyholders, the difference in average premiums between these two companies is significant, with Gainsco rates coming in at a quarter less than Trumbull's. For married couples, the advantage is clear again - Gainsco has the edge when it comes to average premiums.

Gainsco or Trumbull: Average Rates by Gender

Because women are less likely to get speeding tickets and get into accidents, they are less likely to file a claim with insurance. So, women tend to get cheaper rates than men.

Usually, women see prices about $15 a month more affordable with Gainsco, and almost $25 cheaper with Trumbull when compared to their male counterparts.

When it comes to the lowest premiums for each gender, Gainsco comes out on top for both men and women, with average prices $53 less for men and $43 cheaper for women.

Gainsco vs. Trumbull: 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 can be a complicated subject for most people. There are so many different limits and terms that it can make it pretty confusing 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 property damage and injuries if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with a liability policy).

Looking specifically at state minimum liability insurance, Gainsco has the slight edge, with average monthly rates coming in at $125. If you want a full coverage policy with the same state minimum limits, Gainsco again has the edge, with policies averaging around $285 per month to Trumbull's $381.

Is Gainsco or Trumbull Better for Drivers with Spotty Records?

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

You'll probably end up paying more with speeding tickets and accidents on your record, but which of these two carriers offers the most affordable premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Gainsco for their car insurance can typically expect their monthly bill to go up about 9% after getting a speeding ticket. Trumbull policyholders can expect a bit more drastic of an increase of around 22%.

However, Gainsco is generally the less expensive option for both drivers who have a recent ticket and those with clean records. With GAINSCO, drivers with a clean record can save about $7 a month and drivers with a speeding ticket can save around $44 per month.

Which Company is Best for Drivers After an Accident?

Gainsco drivers who get in an accident can expect to see their rates increase by just under 20%, while those who have insurance through Trumbull will see about a 35% increase.

At the end of the day, the cheaper prices come from Gainsco, with average rates coming in at $227 compared to Trumbull Insurance Company's $290.

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. For example, Trumbull increases average premiums by more than $90 a month -- that's more than a 30% increase.

But if you end up with a DUI charge and are looking for more affordable prices, Gainsco tends to be more affordable for the average driver, with monthly premiums coming in at around $203 to Trumbull's $284.

How does Credit Score Impact Gainsco and Trumbull Rates?

In many cases, your credit score can be used as one of the factors to determine your monthly auto insurance rates. This isn't true for everyone (for example, Massachusetts and Michigan are two states that ban the practice entirely), but it does affect quite a few policyholders out there.

Car insurance companies argue that those with good credit scores are more likely to pay their bills on time every month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

Looking at Gainsco and Trumbull specifically, which one has the cheapest premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Trumbull will normally reward you the most for an "excellent" credit score. For policyholders with "excellent" credit scores, Trumbull comes in nearly 10% less expensive. Drivers with "good" credit scores usually save about 2% with Gainsco compared to average prices from Trumbull.

Which Company is Best for Drivers with Bad Credit?

Gainsco typically offers lower rates than Trumbull when it comes to drivers with bad credit. Drivers with "fair" credit pay around 21% per month less with Gainsco compared to Trumbull, and those with "poor" scores normally save an average of about 43% per month.

Is Gainsco or Trumbull Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly auto insurance payment. Generally, the more milage you drive, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Gainsco charges. However, there's a small difference in monthly prices for Trumbull, with drivers who put 6,000 miles on their vehicle annually paying around $20 less each month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Gainsco is the cheaper company.

Gainsco or Trumbull: 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 auto insurance, but the type of area you live in can have a large impact as well. Typically, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

When comparing these two carriers side-by-side, Gainsco generally comes out as the lowest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save about 33% with Gainsco compared to Trumbull. People who live in suburban areas pay around 22% less with Gainsco compared to Trumbull. For drivers in urban ZIP codes, GAINSCO's average premiums are about 8% less than Trumbull Insurance Company.

Gainsco vs. Trumbull Discounts

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

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

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Gainsco and Trumbull so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Trumbull blows Gainsco away when it comes to the sheer amount of discounts available, offering 17 different discounts to Gainsco's four.

Both companies offer several of the same discounts -- like advance quote discounts and discounts for being a homeowner -- but Trumbull also offers discounts for anti-theft, companion auto, defensive driver, and more.

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

Final Thoughts: Is Gainsco or Trumbull Best for You?

So, you've seen how different variables can affect your insurance rates. We've broken down the different discounts each company offers, too. But, at the end of the day, is Gainsco or Trumbull the best company for you and your specific profile and needs?

Gainsco might be best for you if....

• Your driving record includes a DUI charge.
• Your neighborhood is in the suburbs.
• You live in a rural neighborhood.

Trumbull might be best for you if...

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

Hopefully, this guide helps you get a better idea of the difference between Gainsco and Trumbull and that you can now make a more informed decision when it comes to your auto 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 car insurance -- comparing quotes from multiple carriers, not just Gainsco and Trumbull. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Gainsco vs. Trumbull FAQs

Is Gainsco or Trumbull cheaper?

Gainsco is the less expensive of the two carriers when looking at national average premiums, with policies averaging $205 a month with Gainsco and $253 for Trumbull. Even so, that doesn't mean Gainsco will be the cheapest carrier for every driver, since there are multiple different factors that come into play when it comes to your car insurance cost.

Who is better, Gainsco or Trumbull?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for each policyholder -- it all boils down to your unique insurance profile. For example, Trumbull is more affordable for drivers with excellent credit, while Gainsco offers cheaper prices for drivers with a recent DUI.

Why do Gainsco and Trumbull offer me different rates?

Auto insurance companies use lots of different variables when determining the premiums they charge. Things like gender, age, where your home is, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Gainsco and Trumbull calculate prices using different factors, so it's likely they'll offer different rates. 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 Trumbull is right for me?

The only way to find the insurance company that's right for you is by getting quotes from a handful of 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. That way, you can guarantee you're getting the cheapest premium. And maybe you'll find that the best carrier for you isn't Gainsco or Trumbull 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.