General Casualty vs. Indiana Farm Bureau: Which Company is the Best Fit for You?

Quick Facts

• In general, General Casualty offers significantly less expensive prices than Indiana Farm Bureau
• General Casualty has more affordable premiums for policyholders who don't have any speeding tickets, DUIs, or at-fault collisions on their record
• Indiana Farm Bureau may help you save more money -- they offer more discounts than General Casualty

General Casualty or Indiana Farm Bureau: 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 hefty savings. But exactly how much can you save by switching?

You've maybe even narrowed your search down to General Casualty or Indiana Farm Bureau as your top options, but between the two, which one has cheaper prices for insurance?

Looking at nationwide averages, General Casualty has average rates that are around 23% a month more affordable than those from Indiana Farm Bureau.

But General Casualty may not be the cheapest or best option for each driver out there. Car insurance carriers vary their rates depending on things like how clean your driving record is, where you live, how good your credit score is, how old you are, and a ton of other factors. So, at the end of the day, premiums from every carrier will differ quite a bit from person to person.

Luckily, we've broken down average rates from both General Casualty and Indiana Farm Bureau by several different rate factors, so read on to find out which company is the best for you.

General Casualty vs. Indiana Farm Bureau: Average Car Insurance Rates by State

General Casualty and Indiana Farm Bureau only compete against each other in Indiana, where General Casualty offers the cheaper average premiums. General Casualty drivers tend to pay about $62 per month less on average compared to drivers who use Indiana Farm Bureau for their insurance.

But there's more to calculating auto insurance prices than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for car insurance compared to older drivers. The reason is that teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use General Casualty save almost 40% a month compared to those who use Indiana Farm Bureau.

However, with both companies, you'll see your premiums reduce significantly once you turn 25. For example, average prices for General Casualty policyholders decrease about $150 and Indiana Farm Bureau's rates lower around $300 over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices out there.

When looking at General Casualty and Indiana Farm Bureau specifically, which carrier is best for retired drivers? In this case, General Casualty has the slight edge, with premiums about $0 per month less than Indiana Farm Bureau. Even so, the difference is only around 5%, so other variables (like your driving record is or your credit score) will likely come into play when determining which company has the lowest rates for you.

Which is the Best Company for Married Drivers?

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

For those who are single, the difference in average prices between these two carriers is significant, with General Casualty rates coming in at a quarter less than Indiana Farm Bureau's. The advantage for married couples with General Casualty is also obvious, where drivers save nearly 20% a month.

General Casualty or Indiana Farm Bureau: Average Rates by Gender

Because women are less likely to get speeding tickets and get into collisions, they have a decreased chance of filing a claim with insurance. So, women tend to get cheaper rates than men.

Typically, women see premiums almost $15 per month cheaper with General Casualty, and about $26 less with Indiana Farm Bureau.

When it comes to the cheapest rates for each gender, General Casualty comes out as the most affordable option for both genders, with average prices $47 less for men and $35 cheaper for women.

General Casualty vs. Indiana Farm Bureau: 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 car insurance can be pretty complicated. 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 that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which typically refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum liability insurance, General Casualty has the edge, with average monthly premiums coming in at $82. If you want a full coverage policy with the same state minimum limits, General Casualty again has the edge, with policies averaging around $195 a month to Indiana Farm Bureau's $263.

Is General Casualty or Indiana Farm Bureau Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from 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.

Accidents and speeding tickets will most likely raise your prices, but is General Casualty or Indiana Farm Bureau less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use General Casualty for their auto insurance can usually expect their monthly bill to go up about 32% after getting a speeding ticket. Indiana Farm Bureau policyholders can expect a less drastic increase of around 31%.

That being said, General Casualty tends to offer the best prices for both drivers who have clean records and those with a recent ticket, offering premiums that are $33 and $46 cheaper, respectively, compared to Indiana Farm Bureau Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through General Casualty can expect to see about an $56 -- or around 38% -- rise in their car insurance prices. Drivers who use Indiana Farm Bureau for their auto insurance will see a monthly bill about $72 (or 37%) more expensive after reporting an accident to their car insurance carrier.

At the end of the day, the less expensive rates come from General Casualty, with average prices coming in at $146 compared to Indiana Farm Bureau Insurance's $195.

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 a collision. For example, Indiana Farm Bureau increases average premiums by more than $100 per month -- that's more than a 45% increase.

But if you end up with a DUI charge and are looking for more affordable rates, General Casualty tends to be more affordable for the average driver, with monthly premiums coming in at around $186 to Indiana Farm Bureau's $224.

How does Credit Score Impact General Casualty and Indiana Farm Bureau Rates?

You may not have known, but your credit score can be used as one of the factors to determine your monthly auto insurance premiums. This isn't true for everyone (Michigan, for example, has banned the use of credit score as an insurance factor) but it does affect several drivers out there.

Insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with less expensive rates.

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

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, General Casualty will typically reward you the most. For policyholders with "excellent" credit scores, General Casualty comes in NaN cheaper. Drivers with "good" credit scores normally save about 16% with General Casualty compared to average rates from Indiana Farm Bureau.

Which Company is Best for Drivers with Bad Credit?

General Casualty typically offers lower prices than Indiana Farm Bureau when it comes to drivers with bad credit. Drivers with "fair" credit pay around 23% a month less with General Casualty compared to Indiana Farm Bureau, and those with "poor" scores generally save an average of about 32% a month.

Is General Casualty or Indiana Farm Bureau 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 substantial impact on your monthly premiums? Typically, those who drive less will end up with more affordable prices since there's less of a chance of causing an accident and filing an insurance claim.

In this case, neither General Casualty or Indiana Farm Bureau report increasing rates for drivers with higher annual mileage figures. General Casualty comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car annually, with average premiums of $139 per month for both.

General Casualty or Indiana Farm Bureau: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a sizable role in how much you pay for auto insurance. Generally, those who live in urban areas will pay more than drivers in rural areas due to the number of vehicles that are on the roads where they live.

General Casualty tends to offer the most affordable rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, General Casualty's average premiums are around $36 less than Indiana Farm Bureau Insurance. People who live in suburban areas pay about $63 less with General Casualty compared to Indiana Farm Bureau. Those in rural areas can expect to save around $25 with General Casualty compared to Indiana Farm Bureau.

General Casualty vs. Indiana Farm Bureau Discounts

No matter why you might be in the market for a new 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 taking advantage of as many car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be hard to find all the ones you can take advantage of 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 broke down all of the different discounts offered by both General Casualty and Indiana Farm Bureau so that you can find the company that has the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, Indiana Farm Bureau comes out ahead with 15 discounts to General Casualty's 12.

A couple of those are overlapping for things like employee discounts, discounts for being a good driver, and multi-policy discounts. Indiana Farm Bureau also offers discounts for ABS, agri-business, education, and more.

On the other hand, General Casualty has a few proprietary discounts of their own for things like advance quote discounts, anti-theft discounts, defensive driver discounts, and more.

Final Thoughts: Is General Casualty or Indiana Farm Bureau Best for You?

So, we've broken down the average prices for many of the variables insurance companies look at, and walked through the different discounts each company offers, too. But, when it comes down to it, is General Casualty or Indiana Farm Bureau the right carrier for you and your specific profile and needs?

General Casualty might be best for you if....

• Your driving record includes a DUI charge.
• You're looking for the best premiums on liability only coverage.
• You have a short drive to work everyday.

Indiana Farm Bureau might be best for you if...

• You care about discounts (Indiana Farm Bureau offers the most).

Hopefully, this guide helps you get a good idea of the differences between General Casualty and Indiana Farm Bureau and that it aids in making a more informed decision about 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 General Casualty and Indiana Farm Bureau. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of top auto insurance companies in your area, all in just a few minutes.

General Casualty vs. Indiana Farm Bureau FAQs

Is General Casualty or Indiana Farm Bureau cheaper?

General Casualty is the cheaper of the two carriers when looking at national average prices, with policies averaging $139 a month with General Casualty and $180 for Indiana Farm Bureau. Even so, that doesn't mean General Casualty will be the cheapest carrier for everyone, since there are multiple different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, General Casualty or Indiana Farm Bureau?

Unfortunately, the real answer is "it depends.". No one company is necessarily "better" for each policyholder -- it all comes down to what your unique insurance profile looks like.

Why do General Casualty and Indiana Farm Bureau offer me different rates?

Car insurance companies use many different variables when determining the rates they charge. Things such as your driving record, where you park your car, gender, age, and sometimes even things like your credit score can all come into play. Both General Casualty and Indiana Farm Bureau 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 lots of different carriers.

How do I know if General Casualty or Indiana Farm Bureau is right for me?

The only way to find the auto 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 area information 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 lowest premium. And maybe you'll find that the best carrier for you isn't General Casualty or Indiana Farm Bureau 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.