Hanover vs. Norfolk & Dedham: Which Company is the Best Fit for You?

Quick Facts

• In general, Norfolk & Dedham offers significantly cheaper premiums than Hanover
• Hanover may help you save more money -- they offer more discounts than Norfolk & Dedham
• Norfolk & Dedham offers more affordable prices for policyholders who are looking to purchase insurance with a spouse

Hanover or Norfolk & Dedham: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. You've probably seen commercials and billboards from companies offering large savings, but exactly how much money can you save by switching?

You might be considering Hanover or Norfolk & Dedham, but which one will save you the most?

Looking at the national average rates for both carriers, Norfolk & Dedham has average rates that are around 80% a month less expensive than those from Hanover.

Even so, Norfolk & Dedham may not be the most affordable or best option for each driver out there. Auto insurance companies vary their rates depending on things like how clean your driving record is, how good your credit score is, where you live, how old you are, and a ton of other factors. So, at the end of the day, prices from every company will differ quite a bit from person to person.

So, if you want to find out which of Hanover or Norfolk & Dedham is really the best for you, keep reading to see average premiums for each carrier broken down by lots of different rate factors.

Hanover vs. Norfolk & Dedham: Average Car Insurance Rates by State

Hanover and Norfolk & Dedham only compete against each other in Massachusetts, where Norfolk & Dedham offers the cheaper average prices. Norfolk & Dedham drivers tend to pay about $16 per month less on average compared to drivers who use Hanover for their insurance.

But there's more to auto insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how car insurance carriers determine your premiums. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance rates of any other group of drivers out there on the road. It's because teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

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 over 80% less a month by choosing Norfolk & Dedham over Hanover.

That being said, with both companies, you'll see your rates drop significantly by the time drivers turn 25. For example, average prices for Hanover policyholders reduce about $500 and Norfolk & Dedham's rates lower more than $200 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 lowest prices you can find.

So, which company offers the best premiums to retired drivers? Norfolk & Dedham gets the edge, with rates for drivers 65 and older almost 80% more affordable than the national average for Hanover.

Which is the Best Company for Married Drivers?

Did you know that car insurance prices are normally more expensive for single drivers than they are for married policyholders? That's because policies for married couples usually cover more than one vehicle, which lots of carriers will give you a discount for.

For single policyholders, the difference in average premiums between these two companies is significant, with Norfolk & Dedham prices coming in at around a quarter of Hanover's. The advantage for married drivers with Norfolk & Dedham is also obvious, where drivers save about $500 per month.

Hanover or Norfolk & Dedham: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision. That means when it comes to insurance men will generally end up paying a little more.

Women typically pay around 7% a month less than men with Hanover; and with Norfolk & Dedham, both genders end up paying the same monthly price.

Looking at the data for each carrier specifically, Norfolk & Dedham comes out as the cheapest option for both genders. On average, women save about $658 per month and men save about $718 with Norfolk & Dedham compared to the average Hanover policyholder.

Hanover vs. Norfolk & Dedham: 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.

But most 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 an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability coverage).

Looking specifically at state minimum liability limits, Norfolk & Dedham has the significant edge, with average monthly premiums coming in at $98. If you want a full coverage policy with the same state minimum limits, Norfolk & Dedham again has the edge, with policies averaging around $232 a month to Hanover's 1196.

Is Hanover or Norfolk & Dedham Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from insurance carriers offering great rates 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 companies offers the lowest premiums to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Hanover for their auto insurance can normally expect their monthly bill to go up about 26% after getting a speeding ticket. Norfolk & Dedham policyholders can expect a less drastic increase of around 14%.

However, Norfolk & Dedham has less expensive rates for drivers in both categories, offering prices that are 81% and 84% more affordable, respectively, compared to Hanover Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Hanover can expect to see about an $326 -- or around 35% -- rise in their auto insurance rates. Drivers who use Norfolk & Dedham for their insurance will see a monthly bill about $69 (or 37%) more expensive after reporting a collision to their car insurance company.

At the end of the day, the cheaper prices come from Norfolk & Dedham, with average premiums coming in at $185 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 insurance bill -- usually a lot more than an accident or ticket. Hanover drivers usually see a 39% increase in their car insurance prices after a DUI charge, while Norfolk & Dedham will typically climb premiums by around 48%.

But if you end up with a DUI charge and are looking for more affordable rates, Norfolk & Dedham tends to be more affordable for the average driver, with monthly premiums coming in at about $224 to Hanover's 1013.

How does Credit Score Impact Hanover and Norfolk & Dedham Rates?

Did you know many auto insurance carriers take your credit score into account when determining premiums? Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it might come into play for several drivers.

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

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

Which Company is Best for Drivers with Good Credit?

If you have stellar credit, Hanover Insurance will generally reward you. Jumping from a "good" credit score to an "excellent" one will usually save Hanover Insurance customers around $300. Because undefined, doesn't have data available for credit scores, they most likely don't use credit to calculate your rates.

Which Company is Best for Drivers with Bad Credit?

Having bad credit can cost you with Hanover Insurance. If your credit score is in the "poor" range, at Hanover Insurance, you may pay about $500 more per month compared to those with "fair" scores (and even more compared to drivers with good or excellent scores). On the other hand, because undefined doesn't have data available for credit scores, they could have better prices for drivers with bad credit over Hanover Insurance.

Is Hanover or Norfolk & Dedham 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 pretty big impact on how much auto insurance companies will charge for coverage? Generally, those who drive fewer miles will end up with cheaper rates since there's less of a chance of causing a collision and filing an insurance claim.

For both remote workers and those taking short commutes, Norfolk & Dedham offers less expensive premiums than Hanover. Norfolk & Dedham's average rates for drivers with 6,000 annual miles come in more than 80% cheaper than Hanover. Those who drive 12,000 miles yearly can expect to pay nearly 80% less with Norfolk & Dedham over Hanover.

Hanover or Norfolk & Dedham: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a considerable role in how much you pay for insurance. Normally, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

When comparing these two carriers side-by-side, Norfolk & Dedham typically comes out as the most affordable option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Norfolk & Dedham's average rates are around $217 while Hanover offers prices about $966. People in suburban areas pay around $191 with Norfolk & Dedham compared to Hanover's $842 per month. Those in rural areas can expect to pay about $87 monthly with Norfolk & Dedham compared to Hanover's $750.

Hanover vs. Norfolk & Dedham Discounts

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

But where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Hanover and Norfolk & Dedham so that you can see which carrier can save you the most money each month.

Hanover blows Norfolk & Dedham away when it comes to the sheer amount of discounts available, offering 10 more discounts than Norfolk & Dedham.

There are a couple discounts both companies offer, but Hanover also offers discounts for ABS, annual mileage, defensive driver, and more.

On the other hand, Norfolk & Dedham has a few proprietary discounts of their own for things like hybrid vehicle discounts, paperless discounts, and renewal discounts.

Final Thoughts: Is Hanover or Norfolk & Dedham Best for You?

So, we've broken down the average premiums for many of the factors auto insurance carriers look at, and we've shown you all the discounts each carrier offers. But, at the end of the day, which company is the best company for you, your vehicle, and your wallet?

Norfolk & Dedham might be best for you if....

• You've received a ticket for speeding recently and don't want to see your prices climb.
• You want the most robust protection via a "full coverage" policy.
• You're married and plan to have both of your names on the vehicle's insurance policy.

Hanover might be best for you if...

• Your credit is below-average.
• You have above-average credit.
• You want to save extra money with discounts.

Hopefully, this guide helps you get a better idea of the difference between Hanover and Norfolk & Dedham and that you can now make a more informed 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 Norfolk & Dedham. 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.

Hanover vs. Norfolk & Dedham FAQs

Is Hanover or Norfolk & Dedham cheaper?

Norfolk & Dedham is the less expensive of the two companies when looking at national average premiums, with policies averaging $165 a month with Norfolk & Dedham and $853 for Hanover. But that doesn't mean Norfolk & Dedham will be the cheapest carrier for everyone, since there are several different variables that are considered when it comes to your car insurance payment.

Who is better, Hanover or Norfolk & Dedham?

Sadly, the answer truly is "it depends.". No single company is "better" for each policyholder -- it all comes down to what your unique insurance profile looks like. For example, Hanover is more affordable for drivers who have less-than-stellar credit scores, while Norfolk & Dedham offers less expensive rates for policyholders with an at-fault collision on their record.

Why do Hanover and Norfolk & Dedham offer me different rates?

Car insurance carriers use many different factors when calculating the premiums they charge. Variables like where you call home, where you live, age, gender, and sometimes even things like your credit score can all be used. Both Hanover and Norfolk & Dedham calculate rates using different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Hanover or Norfolk & Dedham is right for me?

The only way to find the 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, 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 best premium. And maybe you'll find that the best carrier for you isn't Hanover or Norfolk & Dedham 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.