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

Quick Facts

• Looking at the national averages for insurance, Kemper offers significantly less expensive prices than Hanover
• Hanover has more affordable premiums in AR, CT, IL, MA, MI, NH, NJ, and NY
• Kemper tends to be a much cheaper option for single people who will be the only person on the auto insurance policy

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

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering hefty savings, you're probably wondering exactly how much you might be able to save.

You might be considering Hanover or Kemper as potential options, but which one has less expensive rates for insurance?

As you can see, Kemper is quite a bit cheaper than Hanover, with prices averaging $235 a month compared to $853 with Hanover when looking at the national average rates for auto insurance.

However, Kemper may not be the cheapest or best option for every single driver out there. Car insurance carriers 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 tons of other factors, so prices will differ quite a bit from person to person.

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

Hanover vs. Kemper: Average Car Insurance Rates by State

Hanover and Kemper only compete against each other in two states, with Kemper offering more affordable prices to the average driver in all of them. If you live in New York, Hanover is the cheaper of the two companies when looking at the overall average premiums. Kemper is the more affordable option in Connecticut.

That being said, there's a lot more that goes into your insurance payment than just the state you live in. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for auto insurance than any other group of drivers. That's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 75% less per month by choosing Kemper over Hanover.

Even so, with both carriers, you'll see your prices lower significantly by the time you turn 25. For example, average premiums for Hanover policyholders reduce more than 60% and Kemper's rates decrease over 55% 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 you'll ever see.

But who has the best premiums for retired drivers between Hanover and Kemper? Kemper gets the edge here, with average rates coming in at around $179 per month compared to Hanover's $613.

Which is the Best Company for Married Drivers?

Did you know that insurance premiums are usually more expensive for single drivers than they are for married policyholders? This usually boils down to married couples having multiple vehicles on their policy -- something lots of auto insurance companies will reward with discounts.

For single policyholders, the difference in average rates between these two carriers is significant, with Kemper prices coming in at about a quarter of Hanover's. The advantage for married drivers with Kemper is also obvious, where drivers save around $450 a month.

Hanover or Kemper: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to car insurance men will generally end up paying a little more.

On average, men see rates about 7% per month higher with Hanover, and around 8% more with Kemper.

Looking at overall affordability, Kemper comes out on top for both men and women. On average, women save about $598 a month and men save about $639 with Kemper compared to the average Hanover policyholder.

Hanover vs. Kemper: 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 auto insurance can be a complicated subject for most people. There are so many different terms and coverages that it can make it pretty confusing to find the right policy for you.

The two most common policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability coverage).

Looking specifically at state minimum liability limits, Kemper has the significant edge, with average monthly prices coming in at $139. If you want a full coverage policy with the same state minimum limits, Kemper again has the edge, with policies averaging around $331 per month to Hanover's 1196.

Is Hanover or Kemper Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car 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 speeding tickets and at-fault collisions on your record, but which of these two carriers offers the lowest rates to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Hanover for their insurance can normally expect their monthly bill to go up about 26% after getting a speeding ticket. Kemper policyholders can expect a less drastic increase of around 21%.

That being said, Kemper tends to offer the best prices for both drivers who have clean records and those with a recent ticket, offering prices that are 72% and 74% cheaper, respectively, compared to Hanover Insurance.

Which Company is Best for Drivers After an Accident?

Hanover drivers who get in an accident can expect to see their premiums increase by just under 35%, while those who have insurance through Kemper will see about a 35% increase.

At the end of the day, the less expensive rates come from Kemper, with average premiums coming in at $259 compared to Hanover Insurance's $943.

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 -- usually a lot more than a collision or speeding ticket. Hanover drivers usually see a 39% increase in their insurance prices after a DUI charge, while Kemper will normally climb premiums by around 39%.

But if you end up with a DUI charge and are looking for more affordable rates, Kemper tends to be cheaper for the average driver, with monthly premiums coming in at about $287 to Hanover's 1013.

How does Credit Score Impact Hanover and Kemper Rates?

Did you know many auto insurance companies take your credit score into account when determining prices? Certain states and carriers do not allow for credit score to be used as an auto insurance factor, but it does affect several policyholders out there.

Car insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

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

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Kemper will typically reward you the most. For drivers with "excellent" credit scores, Kemper comes in more than 20.45 less expensive. Drivers with "good" credit scores generally save around 60% with Kemper compared to average rates from Hanover.

Which Company is Best for Drivers with Bad Credit?

Kemper typically offers lower prices than Hanover when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about 72% a month less with Kemper compared to Hanover, and those with "poor" scores normally save an average of around 83% monthly.

Is Hanover or Kemper Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on how much insurance carriers will charge for coverage. Typically, those who drive less will end up with more affordable premiums since there's less of a chance of causing an accident and filing an insurance claim.

For both remote workers and those taking short commutes, Kemper tends to be the cheaper option. Hanover's average rates for drivers with 6,000 annual miles come in about 73% more expensive than Kemper. Those who drive 12,000 miles annually can expect to pay around 72% more with Hanover over Kemper.

Hanover or Kemper: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a pretty big impact on your monthly auto insurance bill. Generally, those who live in rural areas will pay less than policyholders in urban areas since there are a lot fewer vehicles on the roads where they live.

When comparing these two companies side-by-side, Kemper usually comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to pay about $182 a month with Kemper compared to Hanover's $750. People in suburban areas pay a monthly premium of around $226 with Kemper compared to $842 with Hanover. For drivers in urban ZIP codes, Kemper's average rates are about $296 per month compared to Hanover's $966.

Hanover vs. Kemper Discounts

No matter 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 you can. That's where auto insurance discounts comes into play.

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

Luckily, we did the hard work for you and looked at all of the different discounts Hanover and Kemper offer their customers so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, Kemper has advantage when it comes to total number of discounts. Hanover offers a grand total of 21 discounts, while Kemper has 24.

There are a couple discounts both carriers offer, but Kemper also offers discounts for AAA, continuous insurance, ESC, and more.

On the other hand, Hanover has a few proprietary discounts of their own for things like annual mileage discounts, education discounts, experienced operator discounts, and more.

Final Thoughts: Is Hanover or Kemper Best for You?

So, you've seen how different factors can affect your insurance prices. We've broken down the different discounts each company offers, too. That's all well and good, but when it comes down to it, which carrier is the right carrier for you, your vehicle, and your wallet?

Kemper might be best for you if....

• Your driving record contains an at-fault collision.
• You want the most robust protection via a "full coverage" policy.
• You're of retirement age and want to take advantage of lower premiums.

Hanover might be best for you if...

• You like the personalized touch of a small, local company.

Hopefully, this guide has ben a valuable resource as you compare Hanover and Kemper. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from a handful of companies, not just Hanover and Kemper. Luckily, Compare.com makes 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.

Hanover vs. Kemper FAQs

Is Hanover or Kemper cheaper?

Kemper is the less expensive of the two companies when looking at national average prices, with policies averaging $235 a month with Kemper and $853 for Hanover. But that doesn't mean Kemper will be the most affordable carrier for every driver, since there are a bunch of different variables that come into play when it comes to your auto insurance cost.

Who is better, Hanover or Kemper?

Unfortunately, the real answer is "it depends.". One company is not necessarily "better" for everyone -- it all depends on what your unique car insurance profile looks like.

Why do Hanover and Kemper offer me different rates?

Insurance carriers use quite a few different factors when calculating the premiums they charge. Variables like your driving record, age, where your home is, gender, and sometimes even things like your credit score can all be taken into consideration. Both Hanover and Kemper calculate rates differently, so it's likely they'll offer different prices. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from a range of different companies.

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

The only way to find the auto insurance company that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the cheapest rate. And maybe you'll find that the best carrier for you isn't Hanover or Kemper 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.