Grinnell Mutual vs. Metlife: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Grinnell Mutual offers significantly more affordable premiums than Metlife
• Grinnell Mutual offers more affordable rates for drivers who have a speeding ticket on their driving record
• Metlife may help you save more money -- they offer more discounts than Grinnell Mutual

Grinnell Mutual or Metlife: 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 large savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to Grinnell Mutual or Metlife as potential options, but between the two, which carrier will save you the most?

Looking at the national average rates for both carriers, Metlife has average rates that are around 65% a month more expensive than those from Grinnell Mutual.

Even so, Grinnell Mutual may not be the most affordable or best option for each driver out there. After all, car insurance companies can offer drastically different rates to every driver depending on rating factors like where you call home, your age, your credit score, or even your driving record (among other things). So, at the end of the day, prices from each company will differ quite a bit from person to person.

Luckily, we've broken down average rates from both Grinnell Mutual and Metlife by many different rate factors, so read on to find out which carrier is the best for you.

Grinnell Mutual vs. Metlife: Average Car Insurance Rates by State

Grinnell Mutual and Metlife only compete against each other in North Dakota, where Grinnell Mutual offers the cheaper average premiums. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their insurance.

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

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. That's generally because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. As you can see above, teens who use Grinnell Mutual save over 75% a month compared to those who use Metlife.

However, both carriers will lower prices by the time you turn 25. Metlife offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Grinnell Mutual still has the cheapest premiums at $113 monthly.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between Grinnell Mutual and Metlife? Grinnell Mutual gets the edge, with prices for drivers 65 and older more than 60% less expensive than the national average for Metlife.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are typically more expensive for those who are single than they are for married couples? That's because policies for married policyholders usually cover more than one vehicle, which quite a few companies will give you a discount for.

For single policyholders, the difference in average premiums between these two carriers is significant, with Grinnell Mutual rates coming in at about a third of Metlife's. The advantage for married drivers with Grinnell Mutual is also obvious, where drivers save around $100 per month.

Grinnell Mutual or Metlife: Average Rates by Gender

Men are statistically more likely than women to get into collisions and file an insurance claim, which means they'll typically end up paying more for car insurance than women.

On average, women see prices about 5% a month less with Grinnell Mutual, and almost 10% less with Metlife when compared to their male counterparts.

Looking at the data for each company specifically, Grinnell Mutual offers the cheapest average premiums for both men and women, with average prices $236 less for men and $214 cheaper for women.

Grinnell Mutual vs. Metlife: 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. Everyone needs auto insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

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

Looking specifically at state minimum limits for liability insurance, Grinnell Mutual has the significant edge, with average monthly premiums coming in at $47. If you want a full coverage policy with the same state minimum limits, Grinnell Mutual again has the edge, with policies averaging around $183 per month to Metlife's $466.

Is Grinnell Mutual or Metlife 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.

It's no secret secret that speeding tickets and accidents lead to higher premiums, but which carrier -- Grinnell Mutual or Metlife -- has the most affordable prices for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Grinnell Mutual auto insurance policies don't report seeing their rates increase after getting a ticket, but Metlife policyholders can expect to see their monthly bill increase by about 20%.

That being said, Grinnell Mutual tends to offer the best prices for drivers both with clean records and with a speeding ticket, offering prices that are 48% and 59% cheaper, respectively, compared to MetLife.

Which Company is Best for Drivers After an Accident?

Grinnell Mutual drivers who get in an accident can expect to see their premiums rise by $0, while those who have insurance through Metlife will see around a $150 increase.

At the end of the day, Grinnell Mutual offers the lowest rates for drivers with an at-fault collision on their records, with average premiums coming in at $115 compared to MetLife's $368.

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 ticket or even a collision. On average, Metlife will climb your prices about 55% after a DUI, while Grinnell Mutual's average rates climb by 0%.

How does Credit Score Impact Grinnell Mutual and Metlife Rates?

You may not realized it, but your credit score can be used as one of the variables to determine your monthly insurance premiums. This isn't true for everyone (for example, Michigan and Hawaii are two states that ban the practice entirely), but it will come into play for lots of policyholders.

The reasoning car insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with more affordable prices.

Looking specifically at Grinnell Mutual and Metlife, which one has the most affordable rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Grinnell Mutual or Metlife 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 sizable impact on your monthly premiums? That's because the more milage you put on your vehicle each year, the more likely you are to be in an accident and file an insurance claim.

For both remote workers and those taking short commutes, Grinnell Mutual tends to be the less expensive option. Metlife's average prices for drivers with 6,000 annual miles come in nearly $250 more expensive than Grinnell Mutual. Those who drive 12,000 miles every year can expect to pay more than $200 more with Metlife over Grinnell Mutual.

Grinnell Mutual or Metlife: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a considerable impact on your monthly auto insurance cost. Normally, 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.

Grinnell Mutual tends to offer the cheapest premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save around 60% with Grinnell Mutual compared to Metlife. People who live in suburban areas pay about 65% less with Grinnell Mutual compared to Metlife. For drivers in urban ZIP codes, Grinnell Mutual's average rates are around 71% less than MetLife.

Grinnell Mutual vs. Metlife Discounts

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

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

Luckily, we did the hard work for you and compared all of the different discounts offered by Grinnell Mutual and Metlife so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Metlife knocks Grinnell Mutual out of the park when it comes to the sheer number of discounts available, offering 36 different discounts to Grinnell Mutual's 36.

Both companies offer a lot of the same discounts -- like anti-theft discounts, EFT discounts, discounts for being a good student, and new business discounts -- but Metlife also offers discounts for AAA, academic, agency transfer, and more.

On the other hand, Grinnell Mutual has a few proprietary discounts of their own like excess vehicle discounts and paid in full discounts.

Final Thoughts: Is Grinnell Mutual or Metlife Best for You?

You've seen the role certain factors have on your auto insurance and the different discounts carriers offer. That's all well and good, but at the end of the day, is Grinnell Mutual or Metlife the right company for you and your specific needs?

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

• Your credit is below-average.
• Your home is in a busy urban area.
• You want to save money while purchasing insurance for a teenager.

Metlife might be best for you if...

• You're thinking about moving to another state -- undefined only offers policies to residents.
• You're looking for the carrier with the most discounts.

Hopefully, this guide has ben a valuable resource as you compare Grinnell Mutual and Metlife and that you can now make a more informed decision when it comes to your car 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 multiple companies, not just Grinnell Mutual and Metlife. 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 top auto insurance carriers in your area, all in just a few minutes.

Grinnell Mutual vs. Metlife FAQs

Is Grinnell Mutual or Metlife cheaper?

Grinnell Mutual is the cheaper of the two companies when looking at national average prices, with policies averaging $115 a month with Grinnell Mutual and $340 for Metlife. However, that doesn't mean Grinnell Mutual will be the lowest company for each policyholder, since there are a variety of different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Grinnell Mutual or Metlife?

Sadly, the real answer is "it depends.". Neither carrier is "better" for everyone -- it all comes down to what your unique car insurance profile looks like.

Why do Grinnell Mutual and Metlife offer me different rates?

Insurance carriers use several different factors when determining the rates they charge. Things like age, gender, where your home is, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Grinnell Mutual and Metlife use different formulas, so it's likely they'll offer different premiums. The best way to determine which company is the most affordable for you is by comparing personalized quotes from a range of different companies.

How do I know if Grinnell Mutual or Metlife is right for me?

The only way to find the car insurance carrier 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, sites like Compare.com do all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top auto insurance companies for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best company for you isn't Grinnell Mutual or Metlife 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.