GEICO vs. Rurual Mutual: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for insurance, Rurual Mutual offers slightly more affordable premiums than GEICO
• GEICO tends to be a much cheaper option for policyholders who live in urban areas
• Rurual Mutual offers less expensive average prices for policyholders who live in rural neighborhoods

GEICO or Rurual 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 hefty savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to GEICO or Rurual Mutual as potential options, but which one has cheaper rates for auto insurance?

As you can see, GEICO is around $18 more a month than Rurual Mutual when looking at the national average rates for car insurance.

Even so, that doesn't mean Rurual Mutual will necessarily be more affordable than GEICO for every driver. Auto insurance carriers vary their premiums depending on things like where you live, how old you are, how good your credit score is, how clean your driving record is, and a variety of other factors, so prices will change quite a bit from person to person.

Wanting to know if GEICO or Rurual Mutual is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

GEICO vs. Rurual Mutual: Average Car Insurance Rates by State

GEICO and Rurual Mutual only compete against each other in Wisconsin, where GEICO offers the cheaper average premiums. GEICO drivers tend to pay about $48 per month less on average compared to drivers who use Rurual Mutual for their insurance.

But there's more to auto insurance than just where you live. As we mentioned above, there's a lot of things that go into how car insurance companies determine 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 rates of any other group of drivers out there on the road. Normally, that's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Rurual Mutual for their car insurance pay almost 10% less than those who use GEICO. It's worth noting that GEICO offers auto insurance in 50 different states compared to Rurual Mutual's one, which can skew the average premiums a bit, but the difference here is still considerable.

But both carriers will offer you dramatically lower rates once you turn 25. For example, average prices for GEICO policyholders lower about $200 and Rurual Mutual's premiums reduce around $200 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest prices you can find.

So, which carrier offers the best rates to retired drivers? Rurual Mutual gets the slight edge, with premiums for drivers 65 and older $13 less expensive than the national average for GEICO.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are typically cheaper for married policyholders than they are for single drivers? That's because policies for married drivers generally cover more than one vehicle, which many companies will give you a discount for.

For those who are single, the difference in average prices between these two carriers is not very significant, with Rurual Mutual premiums coming in at about 10% less than GEICO's. The advantage for married couples is more obvious, where drivers who use Rurual Mutual save over $15 a month.

GEICO or Rurual Mutual: Average Rates by Gender

Did you know women usually pay less for auto insurance than men? That's because women are less likely to get into accidents and get speeding tickets, which decreases the chances of filing a claim with insurance.

Generally, men see rates nearly $10 per month higher with GEICO, but with Rurual Mutual, the difference is closer to $11 a month.

When it comes to the most affordable prices for each gender, Rurual Mutual comes out on top for both men and women, with average premiums $16 less for men and $19 cheaper for women.

GEICO vs. Rurual 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.

It's no secret that insurance can be pretty complicated. There are so many different terms and limits 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 injuries and property damage if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, alongside what you get with a liability policy).

Looking specifically at state minimum liability limits, Rurual Mutual has the significant edge, with average monthly prices coming in at $67. If you want a full coverage policy with the same state minimum limits, Rurual Mutual again has the edge, with policies averaging around $267 per month to GEICO's $269.

Is GEICO or Rurual Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

You'll probably end up paying more with at-fault collisions and speeding tickets on your record, but which of these two carriers offers the lowest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use GEICO for their auto insurance can typically expect their monthly bill to go up about 23% after getting a speeding ticket. Rurual Mutual policyholders can expect a less drastic increase of around 8%.

If you have gotten a ticket, Rurual Mutual tends to offer the best rates at about 15% more affordable, while GEICO has the edge for drivers with a clean record.

Which Company is Best for Drivers After an Accident?

Both companies will raise prices pretty significantly if you get into an at-fault collision with GEICO increasing by around 43%. Rurual Mutual has a less extreme increase, but you can still expect to pay nearly 15% more than you were prior to your first accident.

At the end of the day, drivers who use Rurual Mutual end up with the cheaper prices after an accident, with average premiums coming in at $136 compared to GEICO's $200.

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 -- normally a lot more than an accident or speeding ticket. Rurual Mutual drivers usually see a 59% climb in their car insurance rates after a DUI charge, while GEICO will generally raise premiums by about 58%.

GEICO has the overall cheapest prices for drivers with a DUI on their records at $275 per month, but it's worth noting that GEICO's average rates come from 50 states compared to just one for Rurual Mutual, so the data may be skewed slightly.

How does Credit Score Impact GEICO and Rurual Mutual Rates?

Did you know many insurance carriers take your credit score into account when determining premiums? Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it will come into play for lots of drivers.

The reasoning auto insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so usually, they'll be asked to pay more, while those with good credit will be rewarded with less expensive rates.

Looking specifically at Rurual Mutual and GEICO, which company has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Rurual Mutual will normally reward you the most. For policyholders with "excellent" credit scores, Rurual Mutual comes in NaN cheaper. Drivers with "good" credit scores usually save around 15% with Rurual Mutual compared to average rates from GEICO.

Which Company is Best for Drivers with Bad Credit?

Rurual Mutual typically offers lower premiums than GEICO when it comes to drivers with bad credit. Drivers with "fair" credit pay about 10% a month less with Rurual Mutual compared to GEICO, and those with "poor" scores generally save an average of around 10% a month.

Is GEICO or Rurual Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly prices. Typically, the more milage you drive, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Rurual Mutual charges. However, there's a small difference in monthly rates for GEICO, with drivers who put 6,000 miles on their vehicle yearly paying about $8 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Rurual Mutual is the more affordable company.

GEICO or Rurual Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a large impact on your monthly car insurance cost. Generally, those who live in urban areas will pay more than drivers in rural areas since there are a lot more cars on the road where they live, which increases the chances of an accident.

GEICO vs. Rurual Mutual Discounts

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

The hard 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 looked at all of the different discounts GEICO and Rurual Mutual offer their customers so that you can find the carrier that has the most discounts and, therefore, the largest savings.

GEICO knocks Rurual Mutual out of the park when it comes to the sheer number of discounts available, offering 28 different discounts to Rurual Mutual's six.

A couple of those are overlapping for things like distant student discounts, group discounts, and paid in full discounts. GEICO also offers discounts for ABS, anti-theft, commercial drivers license, and more.

On the other hand, Rurual Mutual has a proprietary discount of their own -- a claim free discounts.

Final Thoughts: Is GEICO or Rurual Mutual Best for You?

So, we've broken down the average premiums for many of the variables auto insurance companies look at, and we've shown you all the discounts each company offers. That's all well and good, but at the end of the day, which insurance carrier is the right company for you and your specific driver profile?

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

• You live in one of the following states: Wisconsin.
• You're looking for the best prices on liability only coverage.
• You're of retirement age and want to take advantage of lower rates.

GEICO might be best for you if...

• You value the experience that comes with a large national insurance company.
• You're looking for discounts -- GEICO has the most.
• You live in an urban area.

Hopefully, this guide helps you get a better idea of the difference between GEICO and Rurual Mutual and that you can now make a more informed decision when it comes to your car insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several carriers, not just GEICO and Rurual Mutual. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

GEICO vs. Rurual Mutual FAQs

Is GEICO or Rurual Mutual cheaper?

Rurual Mutual is the less expensive of the two carriers when looking at national average premiums, with policies averaging $167 per month with Rurual Mutual and $185 for GEICO. However, that doesn't mean Rurual Mutual will be the lowest carrier for everyone, since there are many different factors that are considered when it comes to your insurance bill.

Who is better, GEICO or Rurual Mutual?

Unfortunately, the real answer is "it depends.". Neither company is "better" for each policyholder -- it all comes down to what your unique auto insurance profile looks like. For example, Rurual Mutual is cheaper for drivers with excellent credit, while GEICO offers less expensive prices for drivers with a recent DUI.

Why do GEICO and Rurual Mutual offer me different rates?

Car insurance companies use several different variables when calculating the rates they charge. Factors like where your home is, where you call home, age, gender, and sometimes even things like your credit score can all come into play. Both GEICO and Rurual Mutual calculate prices differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from several different carriers.

How do I know if GEICO or Rurual Mutual 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, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't GEICO or Rurual Mutual 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.