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

Quick Facts

• In general, Union Mutual offers significantly cheaper rates than GEICO
• GEICO offers more discounts than Union Mutual
• Union Mutual has more affordable premiums for drivers with a DUI charge on their record

GEICO vs. Union Mutual: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching your auto insurance. With so many ads from all sorts of companies offering large discounts, you're probably wondering exactly how much you might be able to save.

You might be considering GEICO or Union Mutual as your top options, but which carrier will offer you less expensive prices?

As you can see, GEICO has average rates that are about 30% per month more expensive than those from Union Mutual when looking at the national average rates for auto insurance.

That being said, that doesn't mean Union Mutual will necessarily be more affordable than GEICO for every single driver. Car insurance companies vary their rates depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and a ton of other factors, so premiums could change drastically from person to person.

So, if you want to find out which of GEICO or Union Mutual is really the best for you, keep reading to see average rates for each carrier broken down by multiple different rate factors.

GEICO or Union Mutual: Average Car Insurance Rates by State

GEICO and Union Mutual only compete against each other in Vermont, where GEICO offers the cheaper average prices. For Vermont residents, GEICO offers auto insurance for $113 per month on average. Union Mutual's average premiums come out to be over 15% more expensive, at $132 a month.

That being said, there are plenty of other factors that go into your insurance payment than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. Usually, that's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto 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. Just look at the table above -- where 18-year-old drivers who have Union Mutual for their insurance pay $30 less than those who use GEICO. It's worth noting that GEICO offers car insurance in 50 different states compared to Union Mutual's one, which can skew the average rates a bit, but the difference here is still considerable.

But with both carriers, you'll see your premiums lower significantly once you turn 25. For example, average rates for GEICO policyholders drop more than 55% and Union Mutual's premiums reduce over 70% 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 lowest prices out there.

But who has the best premiums for retired drivers between GEICO and Union Mutual? Union Mutual gets the edge, with rates for drivers 65 and older nearly 35% cheaper than the national average for GEICO.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be less expensive for married couples than they are for single policyholders. That's because policies for married policyholders generally cover more than one car, which lots of companies will offer you a discount for.

When it comes to relationship status, Union Mutual is the clear winner for single drivers, with rates around $48 a month cheaper than GEICO, on average. For married drivers, the advantage is clear again - Union Mutual has the edge when it comes to average premiums.

GEICO vs. Union Mutual: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident. That means when it comes to car insurance men will normally end up paying a little more.

Typically, women see prices about 4% per month less with GEICO, and around 10% less with Union Mutual.

When it comes to the cheapest rates for each gender, Union Mutual comes out as the most affordable option for both genders. On average, women save about $56 a month and men save about $50 with Union Mutual compared to the average GEICO policyholder.

GEICO or Union 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.

Insurance isn't the easiest topic to understand. There are so many different terms and limits that it can make it pretty confusing 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 a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability).

If you're looking for state minimum liability insurance, Union Mutual usually offers significantly more affordable prices of $48 compared to GEICO's $101. When it comes to full coverage policies with similar limits, Union Mutual again has the edge, with policies around $55 per month less expensive than GEICO, on average.

Is GEICO or Union Mutual 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 tickets and accidents on your record, but which of these two carriers offers the cheapest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

GEICO policyholders can expect their rates to go up an average of $35 a month if they get a ticket, while Union Mutual typically raises premiums about $4 per month, on average.

Even so, Union Mutual has cheaper prices for drivers in both categories, offering premiums that are 23% and 39% less expensive, respectively, compared to GEICO.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through GEICO can expect to see around an $85 -- or about 43% -- increase in their insurance prices. Drivers who use Union Mutual for their car insurance will see a monthly bill around $15 (or 15%) more expensive after reporting an accident to their auto insurance company.

Overall, the more affordable rates come from Union Mutual, with monthly prices averaging $103 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 car insurance bill -- normally a lot more than a collision or speeding ticket. GEICO drivers usually see a 58% increase in their insurance premiums after a DUI charge, while Union Mutual will generally raise rates by about 64%.

Union Mutual has the overall lowest prices for drivers with a DUI on their records at $244 monthly, but it's worth noting that GEICO's average rates come from 50 states compared to just one for Union Mutual, so the data may be skewed slightly.

How does Credit Score Impact GEICO and Union Mutual Rates?

Did you know that many auto insurance companies take your credit score into account when calculating rates? Certain states and carriers do not allow for credit score to be used as a rating factor, but it might come into play for many drivers.

The reasoning insurance companies use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper premiums, while those with poor credit will typically be forced to pay more.

Looking at GEICO and Union Mutual specifically, which one has the most affordable prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Union Mutual. Policyholders with "excellent" credit can save just under 25% compared to GEICO, and those with "good" scores can also expect to see savings -- around $57 or 35% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Union Mutual typically offers lower rates than GEICO when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about $70 a month less with Union Mutual compared to GEICO, and those with "poor" scores generally save an average of around $59 a month.

Is GEICO or Union 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 considerable impact on your monthly car insurance bill? Normally, those who drive fewer miles will end up with more affordable premiums since there's less of a chance of getting into an accident and causing an insurance claim.

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

GEICO vs. Union Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a large impact on your monthly auto insurance cost. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of vehicles that are on the roads in those areas.

Union Mutual boasts the most affordable average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

If you live in a rural area, you can expect to save around 17% with Union Mutual compared to GEICO. Drivers in suburban ZIP codes pay about 27% less with Union Mutual compared to GEICO. In urban areas, Union Mutual's average rates are around 39% less than GEICO.

GEICO vs. Union Mutual Discounts

Regardless of why you might be in the market for a new car insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many auto insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be hard to find all the ones you're eligible for.

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

GEICO blows Union Mutual away when it comes to the sheer amount of discounts available, offering 18 more discounts than Union Mutual.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a good student, and discounts for insuring multiple cars with the same company. GEICO also offers commercial drivers license discounts, COVID-19 relief discount, defensive driver discounts, and more that Union Mutual does not.

On the flip side, Union Mutual has a couple unique discounts of its own -- company car discounts, hybrid vehicle discounts, and renewal discounts.

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

So, we've broken down the average premiums for many of the factors insurance carriers look at, and walked through the different discounts each company offers, too. But, at the end of the day, is GEICO or Union Mutual the best company for you and your specific needs?

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

• You want to save money on your auto insurance after a collision.
• You're looking for more protection with "full coverage" car insurance.
• You're married and plan to have both of your names on the vehicle's insurance policy.

GEICO might be best for you if...

• You value the experience that comes with a large national car insurance carrier.
• You're looking for discounts -- GEICO has the most.

We hope this guide has ben a valuable resource as you compare GEICO and Union Mutual and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of companies, not just GEICO and Union 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 car insurance carriers in your area, all in just a few minutes.

GEICO vs. Union Mutual FAQs

Is GEICO or Union Mutual cheaper?

Looking just at the national average rates, Union Mutual is the more affordable of the two companies, offering average rates of $132 per month compared to $185 for GEICO. However, Union Mutual won't necessarily be the lowest company for each policyholder, since there are a range of different variables that come into play when it comes to your insurance bill.

Who is better, GEICO or Union Mutual?

Sadly, the answer truly is "it depends.". One carrier is not "better" for every driver -- it all boils down to your unique auto insurance profile.

Why do GEICO and Union Mutual offer me different rates?

Car insurance carriers take a look at a lot of different factors when determining the premiums they charge drivers. Variables such as gender, age, your driving record, where you call home, and sometimes even things like your credit score can all come into play. Both GEICO and Union Mutual calculate prices differently, so each one will most likely offer different premiums. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if GEICO or Union Mutual is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do 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 price. And who knows, the best company for you might not be GEICO or Union 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.