Hanover vs. Plymouth Rock Assurance: Which Company is the Best Fit for You?

Quick Facts

• In general, Plymouth Rock Assurance offers significantly more affordable rates than Hanover
• Hanover offers more discounts than Plymouth Rock Assurance
• Plymouth Rock Assurance offers less expensive average premiums for drivers who have received a ticket within the last few years

Hanover vs. Plymouth Rock Assurance: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? After all, you've seen ads from all sorts of companies offering big discounts. But exactly how much can you save by switching?

You might have narrowed it down to Hanover or Plymouth Rock Assurance, but between the two, which carrier will save you the most?

As you can see, Hanover has average rates that are about 70% per month more expensive than those from Plymouth Rock Assurance when looking at the national average rates for car insurance.

However, that doesn't necessarily mean Plymouth Rock Assurance will be the cheaper option for each driver. Insurance companies use a variety of complex algorithms to calculate rates, so depending on how clean your driving record is or how good your credit score is (among a whole range of other factors), you could see wildly different premiums from the ones above.

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

Hanover or Plymouth Rock Assurance: Average Car Insurance Rates by State

Hanover and Plymouth Rock Assurance only compete against each other in two states, with Plymouth Rock Assurance offering less expensive rates to the average driver in all of them. New Jersey has the most noticable difference, where Plymouth Rock Assurance prices are over 70% more affordable than car insurance premiums at Hanover.

But there's more to insurance than just where you call home. As we mentioned above, there's a lot of things that go into how auto insurance carriers determine your prices. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance rates of any group out there on the road. That's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Plymouth Rock Assurance for their auto insurance pay more than $500 less than those who use Hanover.

Even so, both companies will offer you dramatically lower premiums once you turn 25. For example, average rates for Hanover policyholders reduce over $500 and Plymouth Rock Assurance's premiums drop around $500 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the cheapest car insurance prices you can find. After all, they've likely been driving for quite some time, which generally lowers their chances of accidents and other infractions that can increase premiums.

So, which carrier offers the best rates to retired drivers? Plymouth Rock Assurance gets the edge here, with average prices coming in at about $164 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 drivers? This usually boils down to married policyholders having more than one car on their policy -- something a lot of auto insurance carriers will reward with discounts.

When it comes to relationship status, Plymouth Rock Assurance is the clear winner for single policyholders, with rates around $653 a month less expensive than Hanover, on average. The advantage for married couples with Plymouth Rock Assurance is also obvious, where drivers save nearly $500 per month.

Hanover vs. Plymouth Rock Assurance: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents, which means they'll typically end up paying more for car insurance than women.

Usually, men see prices about $60 a month higher with Hanover, while with Plymouth Rock Assurance, the difference is closer to $27 per month.

When it comes to the most affordable rates for each gender, Plymouth Rock Assurance comes out as the cheapest option for both genders. On average, women save about $563 a month and men save around $596 with Plymouth Rock Assurance compared to the average Hanover policyholder.

Hanover or Plymouth Rock Assurance: 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 insurance can be pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

That being said, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with liability coverage).

If you're looking for state minimum liability limits, Plymouth Rock Assurance normally offers significantly cheaper prices of $165 compared to Hanover's $509. When it comes to full coverage policies with similar limits, Plymouth Rock Assurance again has the edge, with policies about $500 per month more affordable than Hanover, on average.

Is Hanover or Plymouth Rock Assurance Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

You'll probably end up paying more with at-fault collisions and tickets on your record, but which of these two companies offers the most affordable premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Hanover policyholders can expect their rates to go up an average of $221 a month if they get a ticket, while Plymouth Rock Assurance typically raises prices around $120 per month, on average.

But Plymouth Rock Assurance tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering premiums that are 66% and 61% cheaper, respectively, compared to Hanover Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will raise rates pretty significantly if you get into an at-fault accident with Hanover increasing by just under $350. Plymouth Rock Assurance has a less extreme increase, but you can still expect to pay nearly $55 more than you were prior to your first collision.

Overall, the more affordable prices come from Plymouth Rock Assurance, with monthly premiums averaging $262 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 -- generally a lot more than a collision or ticket. Hanover drivers usually see a 39% climb in their insurance rates after a DUI charge, while Plymouth Rock Assurance will usually raise prices by about 30%.

If you have a DUI on your record and are looking for more affordable premiums, Plymouth Rock Assurance tends to be the much less expensive option with average rates of $296 a month compared to 1013 from Hanover.

How does Credit Score Impact Hanover and Plymouth Rock Assurance Rates?

In many cases, your credit score can come into play when companies calculate your monthly bill. This isn't always the case (for example, Hawaii and Massachusetts are two states that ban the practice entirely), but it might come into play for many drivers.

Auto insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with more affordable prices.

So, which company offers the best premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Hanover for an "excellent" credit score. Policyholders with "excellent" credit can save just under 10% compared to Plymouth Rock Assurance, while those with "good" scores can expect to see better savings from Plymouth Rock Assurance -- around $257 or 49% cheaper than Hanover each month.

Which Company is Best for Drivers with Bad Credit?

Plymouth Rock Assurance typically offers lower prices than Hanover when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about $546 a month less with Plymouth Rock Assurance compared to Hanover, and those with "poor" scores generally save an average of around 1463 monthly.

Is Hanover or Plymouth Rock Assurance Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly rates. Normally, the more miles you put on your car each year, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Plymouth Rock Assurance charges. However, there's a small difference in monthly premiums for Hanover, with drivers who put 6,000 miles on their vehicle yearly paying about $1 less every month compared to those who drive 12,000 miles annually. Still, Plymouth Rock Assurance is the less expensive option for drivers in both categories.

Hanover vs. Plymouth Rock Assurance: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a considerable role in how much you pay for insurance. Usually, those who live in rural areas will pay less than drivers in urban areas because there are a lot fewer cars on the road in those areas, which reduces the chances of an accident.

Plymouth Rock Assurance boasts the lowest average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the cheapest premiums from both companies, but Plymouth Rock Assurance comes out on top with average prices around $183 a month. Plymouth Rock Assurance also has more affordable average rates for drivers in urban and suburban ZIP codes -- a 63% and 66% per month respective difference when compared to Hanover policyholders in similar areas.

Hanover vs. Plymouth Rock Assurance 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 taking advantage of as many auto insurance discounts as you can.

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

In the section below, we've broken down all of the different discounts offered by both Hanover and Plymouth Rock Assurance so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, Hanover has the advantage when it comes to total number of discounts. Plymouth Rock Assurance offers a grand total of 16 discounts, while Hanover has 21.

Both carriers offer many of the same discounts -- like anti-theft discounts, distant student discounts, discounts for getting driver training, and group discounts -- but Hanover also offers ABS discounts, annual mileage discounts, DRL discounts, and more that Plymouth Rock Assurance does not.

On the flip side, Plymouth Rock Assurance has a couple unique discounts of its own -- agency transfer discounts, paperless discounts, renewal discounts, and more.

Final Thoughts: Is Hanover or Plymouth Rock Assurance Best for You?

So, we've broken down the average prices for many of the factors car insurance companies look at, and we've shown you all the discounts each carrier offers. That's all well and good, but at the end of the day, which company is the right one for you and your specific driver profile?

Plymouth Rock Assurance might be best for you if....

• You have a speeding ticket on your driving record.
• You live in an urban area.
• You drive fewer than 6,000 miles each year.

Hanover might be best for you if...

• You're looking for discounts -- Hanover has the most.

We hope this guide helps you get a good idea of the differences between Hanover and Plymouth Rock Assurance and that you can now make a more informed decision when it comes to your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on insurance -- comparing quotes from several carriers, not just Hanover and Plymouth Rock Assurance. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best car insurance companies in your area, all for free.

Hanover vs. Plymouth Rock Assurance FAQs

Is Hanover or Plymouth Rock Assurance cheaper?

Looking just at the national average premiums, Plymouth Rock Assurance is the cheaper of the two carriers, offering average rates of $274 a month compared to $853 for Hanover. Even so, Plymouth Rock Assurance won't necessarily be the most affordable carrier for every driver, since there are a bunch of different variables that are considered when it comes to your insurance bill.

Who is better, Hanover or Plymouth Rock Assurance?

Sadly, the only answer we can give you is "it depends.". One company is not necessarily "better" for everyone -- it all depends on the makeup of your unique auto insurance profile. For example, Plymouth Rock Assurance offers less expensive prices for drivers with a recent DUI, while Hanover is cheaper for drivers with excellent credit.

Why do Hanover and Plymouth Rock Assurance offer me different rates?

Insurance companies take a look at quite a few different factors when calculating the rates they charge drivers. Variables like where you park your vehicle, where you live, gender, age, and sometimes even things like your credit score can all come into play. Both Hanover and Plymouth Rock Assurance calculate premiums using different factors, so each one will most likely offer different rates. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Hanover or Plymouth Rock Assurance is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from multiple companies 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 free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the cheapest rate. And who knows, the best carrier for you might not be Hanover or Plymouth Rock Assurance 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.