Grange vs. Hanover: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Grange offers significantly less expensive premiums than Hanover
• Grange may help you save more money -- they offer more discounts than Hanover Insurance
• Grange offers more affordable prices for policyholders who are looking to purchase insurance with a spouse

Grange or Hanover: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering considerable savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Grange or Hanover for your next policy, but which company will save you the most?

Looking at the national average rates for both carriers, Hanover has average rates that are around 70% a month more expensive than those from Grange.

That being said, Grange may not be the lowest or best option for every driver out there. Auto insurance companies vary their rates depending on things like how old you are, how good your credit score is, where you live, how clean your driving record is, and a variety of other factors, so premiums could change drastically from person to person.

So, if you want to find out which of Grange or Hanover is really the best for you, keep reading to see average prices for each company broken down by lots of different rate factors.

Grange vs. Hanover: Average Car Insurance Rates by State

Grange and Hanover only compete against each other in two states, with Hanover offering cheaper premiums to the average driver in all of them. Michigan has the most noticable difference, where Grange rates are $469 more affordable than car insurance prices at Hanover.

There's a lot more that goes into your auto insurance payment than just your home state. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance premiums of any other group of drivers. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. Just look at the table above -- where 18-year-old drivers who have Grange for their car insurance pay over 70% less than those who use Hanover.

But both carriers will lower rates by the time you turn 25. For example, average prices for Grange policyholders decrease almost 65% and Hanover's premiums drop more than 60% 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.

When looking at Grange and Hanover specifically, which carrier is best for retired drivers? Grange gets the edge here, with average rates coming in at about $200 a month compared to Hanover's $613.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance prices than married couples. That's because policies for married drivers normally cover more than one vehicle, which many companies will give you a discount for.

For single policyholders, the difference in average rates between these two carriers is significant, with Grange premiums coming in at around 70% less than Hanover's. The advantage for married policyholders with Grange is also obvious, where drivers save about $450 per month.

Grange or Hanover: Average Rates by Gender

Did you know men tend to pay more for car insurance than women? This is because men are statistically more likely than women to get speeding tickets and get into accidents, which leads to increased risk for insurers and, therefore, higher rates.

Generally, men see prices over $10 a month higher with Grange, and around $60 more with Hanover.

When it comes to the most affordable premiums for each gender, Grange offers the lowest average rates for both men and women, with average premiums $628 less for men and $580 cheaper for women.

Grange vs. Hanover: 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, insurance can be pretty complicated. There are so many different coverages and terms that it can make it pretty confusing to find the right policy for you.

However, most policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers and passengers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability).

Looking specifically at state minimum liability insurance, Grange has the significant edge, with average monthly prices coming in at $185. If you want a full coverage policy with the same state minimum limits, Grange again has the edge, with policies averaging about $313 per month to Hanover's 1196.

Is Grange or Hanover Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great premiums 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 most affordable rates to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Grange for their car insurance can typically expect their monthly bill to go up around 23% after getting a speeding ticket. Hanover policyholders can expect a bit more drastic of an increase of about 26%.

Even so, Grange tends to offer the best prices for drivers both with clean records and with a ticket. With Grange Insurance, drivers with a clean record can save around $437 a month and drivers with a speeding ticket can save about $603 per month.

Which Company is Best for Drivers After an Accident?

Grange drivers who get in an accident can expect to see their prices increase by over $85, while those who have insurance through Hanover will see around a $350 increase.

At the end of the day, the cheaper premiums come from Grange, with average rates coming in at $266 compared to Hanover Insurance's $943.

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. Hanover drivers usually see a 39% climb in their car insurance prices after a DUI charge, while Grange will usually increase premiums by about 43%.

But if you end up with a DUI charge and are looking for more affordable rates, Grange tends to be less expensive for the average driver, with monthly premiums coming in at around $314 to Hanover's 1013.

How does Credit Score Impact Grange and Hanover Rates?

Often times, your credit score can be used as one of the variables to determine your monthly auto insurance prices. This isn't true for everyone (for example, California and Michigan are two states that ban the practice entirely), but it might come into play for lots of policyholders.

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.

So, which company offers the best rates for drivers 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 Grange or Hanover Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on how much car insurance carriers will charge for coverage. That's because the fewer miles you put on your vehicle each year, the less likely you are to be in a collision and file an insurance claim.

For both remote workers and those taking short commutes, Grange tends to be the more affordable option. Hanover average premiums for drivers with 6,000 annual miles come in about $604 more expensive than Grange. Those who drive 12,000 miles annually can expect to pay around $603 more with Hanover over Grange.

Grange or Hanover: 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 pretty big impact as well. Generally, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

Grange boasts the most affordable average rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, Grange's average premiums are about $292 a month compared to Hanover's $966. Drivers in suburban ZIP codes pay a monthly rate of around $235 with Grange compared to $842 with Hanover. Those in rural areas can expect to pay about $220 monthly with Grange and $750 with Hanover.

Grange vs. Hanover 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 auto insurance discounts as possible.

The difficult part is finding all of the discounts you're eligible for, since it can feel sometimes like every company 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 Grange and Hanover offer their customers so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Grange blows Hanover away when it comes to the sheer amount of discounts available, offering seven more discounts than Hanover.

There are a couple discounts both companies offer, but Grange also offers discounts for advanced safety feature, agency transfer, company car, and more.

On the other hand, Hanover has a few proprietary discounts of their own for things like advance quote discounts, DRL discounts, education discounts, and more.

Final Thoughts: Is Grange or Hanover Best for You?

So, you've seen how different factors can affect your car insurance prices. We've shown you all the discounts each carrier offers, too. But, at the end of the day, which company is the best one for you, your vehicle, and your wallet?

Grange might be best for you if....

• You're worried about the impact your credit score will have on your premiums.
• Your home is located in the suburbs.
• You want to save money while purchasing insurance for a teenager.

Hanover might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide helps you get a good idea of the differences between Grange and Hanover. We also hope we've given you the information you need to make the best 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 car insurance policy is to compare quotes from multiple carriers, not just Grange and Hanover. 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 the top insurance companies in your area, all in just a few minutes.

Grange vs. Hanover FAQs

Is Grange or Hanover cheaper?

Grange is the cheaper of the two carriers when looking at national average rates, with policies averaging $249 per month with Grange and $853 for Hanover. However, that doesn't mean Grange will be the cheapest carrier for each policyholder, since there are many different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Grange or Hanover?

Sadly, the answer truly is "it depends.". Neither company is necessarily "better" for every policyholder -- it all depends on what your unique auto insurance profile looks like.

Why do Grange and Hanover offer me different rates?

Insurance companies use a lot of different factors when determining the prices they charge. Things like your driving record, age, gender, where your home is, and sometimes even things like your credit score can all come into play. Both Grange and Hanover use different formulas, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from several different carriers.

How do I know if Grange or Hanover is right for me?

The only way to find the car 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 makes it easy for you to do just that. Just enter your information once and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best carrier for you isn't Grange or Hanover 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.