Georgia Farm Bureau vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Georgia Farm Bureau offers slightly less expensive prices than State Farm
• Georgia Farm Bureau offers more affordable rates for drivers who have an at-fault accident on their record
• State Farm offers cheaper average premiums for residents of rural areas

Georgia Farm Bureau vs. State Farm: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching your auto insurance. You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You might have narrowed your search down to Georgia Farm Bureau or State Farm as potential options, but which carrier has more affordable rates for insurance?

Looking at nationwide averages, Georgia Farm Bureau is about $14 per month less expensive than State Farm.

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

Wanting to know if Georgia Farm Bureau or State Farm is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Georgia Farm Bureau or State Farm: Average Car Insurance Rates by State

Georgia Farm Bureau and State Farm only compete against each other in Georgia, where Georgia Farm Bureau offers the cheaper average prices. For Georgia residents, undefined offers auto insurance for undefined a month on average. undefined's average rates come out to be more expensive, at undefined monthly.

But there's more to insurance than just your home state. As we mentioned above, there's a lot of things that go into how car insurance carriers calculate your prices. 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 usually pay a lot more for auto insurance than any group out there on the road. That's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean that teen drivers have to just accept sky-high car insurance premiums. For example, 18-year-old drivers pay an average of more than $90 less a month by choosing Georgia Farm Bureau over State Farm.

That being said, both companies will reduce prices by the time drivers turn 25. State Farm offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Georgia Farm Bureau still has the lowest premiums at $134 per month.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between Georgia Farm Bureau and State Farm? State Farm gets the slight edge, with rates for drivers 65 and older around 5% cheaper than the national average for Georgia Farm Bureau.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive insurance prices than married policyholders. That's typically because married couples tend to own and insure multiple cars, which can often earn you a discount.

When it comes to relationship status, Georgia Farm Bureau is the clear winner for those who are single, with rates about $19 per month more affordable than State Farm, on average. It's not quite so glaring for married drivers, where drivers who use Georgia Farm Bureau save around 6% a month.

Georgia Farm Bureau vs. State Farm: Average Rates by Gender

You may not know, but men generally pay more for auto insurance than women do. This is because men are statistically more likely than women to cause a collision and get into accidents, which leads to increased risk for insurers and, therefore, higher premiums.

With Georgia Farm Bureau, men usually pay about $2 per month more than women, and around $12 more with State Farm.

When it comes to the most affordable prices for each gender, Georgia Farm Bureau comes out as the lowest option for both genders. On average, women save about $9 a month and men save about $19 with Georgia Farm Bureau compared to the average State Farm policyholder.

Georgia Farm Bureau or State Farm: 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 isn't the easiest topic to understand. Everyone needs auto insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

Even so, most policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with liability coverage).

If you're looking for state minimum limits for liability insurance, Georgia Farm Bureau normally offers slightly cheaper rates of $91 compared to State Farm's $99. When it comes to full coverage policies with similar limits, Georgia Farm Bureau again has the edge, with policies around $20 per month less expensive than State Farm, on average.

Is Georgia Farm Bureau or State Farm Better for Drivers with Spotty Records?

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

Tickets and at-fault accidents will most likely raise your prices, but is Georgia Farm Bureau or State Farm more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Georgia Farm Bureau insurance policies don't report seeing their rates increase after getting a ticket, but State Farm policyholders can expect to see their monthly bill increase by about 15%.

That being said, Georgia Farm Bureau tends to offer the best prices for drivers both with a ticket and with a clean record -- their rates are around 15% less expensive for drivers with clean records and 26% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Georgia Farm Bureau policyholders who get in a collision can expect to see their premiums rise by just under 15%, while those who have insurance through State Farm will see around a 20% increase.

Overall, drivers who use Georgia Farm Bureau end up with the cheaper prices after an accident, with monthly rates averaging $133 compared to State Farm's $163.

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 an accident. On average, Georgia Farm Bureau will increase your prices about 47% after a DUI, while State Farm's average premiums increase by over 25%.

How does Credit Score Impact Georgia Farm Bureau and State Farm Rates?

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

Insurance companies argue that those with poor credit scores are less likely to pay their bills on time every month, which increases the risk involved on their end, while the opposite is true for those with good credit.

So, which company offers the most affordable premiums for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Georgia Farm Bureau or State Farm 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 big impact on your monthly rates? Typically, those who drive fewer miles will end up with cheaper premiums since there's less of a chance of getting into a collision 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 Georgia Farm Bureau charges. However, there's a small difference in monthly rates for State Farm, with policyholders who drive the least paying around $13 less each month compared to those who drive 12,000 miles yearly. Still, Georgia Farm Bureau is the more affordable option for drivers in both categories.

Georgia Farm Bureau vs. State Farm: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can have a sizable impact on your monthly car insurance payment. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

Looking at these carriers side-by-side, Georgia Farm Bureau tends to offer the cheapest option for drivers in urban and suburban areas, while State Farm wins in rural areas.

In urban areas, Georgia Farm Bureau Insurance's average premiums are about $35 less than State Farm. Drivers in suburban ZIP codes pay around $15 less with Georgia Farm Bureau compared to State Farm. If you live in a rural area, you can expect to save about $9 with State Farm compared to Georgia Farm Bureau.

Georgia Farm Bureau vs. State Farm 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 insurance discounts as you can.

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

In the table below, we've broken down all of the different discounts offered by both Georgia Farm Bureau and State Farm so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

State Farm blows Georgia Farm Bureau away when it comes to the sheer amount of discounts available, offering 23 different discounts to Georgia Farm Bureau's 11.

Both companies offer several of the same discounts -- like ABS discounts, discounts for being a defensive driver, discounts for being a good driver, and multi-policy discounts -- but State Farm also offers annual mileage discounts, distant student discounts, drive safe & save discounts, and more that Georgia Farm Bureau does not.

On the flip side, Georgia Farm Bureau has a couple unique discounts of its own -- paid in full discounts and paperless discounts.

Final Thoughts: Is Georgia Farm Bureau or State Farm Best for You?

So, we've broken down the average prices for many of the variables auto insurance carriers look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the right one for you and your specific needs?

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

• You want to save money on your car insurance after an accident.
• You want basic insurance coverage at the state minimum limits.
• You have a short drive to work everyday.

State Farm might be best for you if...

• You're planning on moving to another state soon -- undefined is only available to residents.
• You care about discounts (State Farm offers the most).
• You are over 65 years old and want to save some money on your car insurance.

We hope this guide has ben a valuable resource as you compare Georgia Farm Bureau and State Farm. We also hope we've given you the information you need to make the best decision about your 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 several companies, not just Georgia Farm Bureau and State Farm. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

Georgia Farm Bureau vs. State Farm FAQs

Is Georgia Farm Bureau or State Farm cheaper?

Looking just at the national average rates, Georgia Farm Bureau is the cheaper of the two companies, offering average rates of $144 a month compared to $158 for State Farm. However, Georgia Farm Bureau won't necessarily be the lowest carrier for every driver, since there are a variety of different factors that come into play when it comes to your auto insurance cost.

Who is better, Georgia Farm Bureau or State Farm?

Sadly, the real answer is "it depends.". Neither company is necessarily "better" for everyone -- it all comes down to what your unique car insurance profile looks like. For example, State Farm offers less expensive premiums for drivers with a recent DUI, while Georgia Farm Bureau is more affordable for drivers with excellent credit.

Why do Georgia Farm Bureau and State Farm offer me different rates?

Insurance carriers take a look at several different variables when determining the rates they charge drivers. Factors such as age, where your home is, gender, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Georgia Farm Bureau and State Farm use different formulas, so each one will most likely offer different prices. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a range of different companies.

How do I know if Georgia Farm Bureau or State Farm 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 carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best car insurance companies in your area. That way, you can guarantee you're getting the most affordable price. And who knows, the best carrier for you might not be Georgia Farm Bureau or State Farm 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.