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

Quick Facts

• In general, Trustgard Auto offers significantly cheaper premiums than Hanover
• Hanover may help you save more money -- they offer more discounts than Trustgard Auto Insurance
• Trustgard Auto offers less expensive average rates for single people who will be the only person on the car insurance policy

Hanover or Trustgard Auto: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering huge savings. But exactly how much can you save by switching?

You might have narrowed your search down to Hanover or Trustgard Auto, but which company will offer you more affordable premiums?

Looking at the national average rates for both carriers, Trustgard Auto is quite a bit cheaper than Hanover, with prices averaging $137 a month compared to $853 with Hanover.

But that doesn't necessarily mean Trustgard Auto will be the less expensive option for each driver. Insurance companies use a variety of complex algorithms to determine rates, so depending on where you live or how old you are (among an array of other factors), you could see wildly different prices from the ones above.

Wanting to know if Hanover or Trustgard Auto is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Hanover vs. Trustgard Auto: Average Car Insurance Rates by State

Hanover and Trustgard Auto only compete against each other in one states, with Trustgard Auto offering more affordable premiums to the average driver in all of them. Illinois has the most noticable difference, where Trustgard Auto rates are 1241 cheaper than car insurance prices at Hanover.

That being said, there are plenty of other factors that go into your auto insurance payment than just your home state. Keep reading to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for insurance than any other group of drivers. That's generally because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

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 Trustgard Auto for their car insurance pay over 80% less than those who use Hanover.

That being said, both carriers will offer you dramatically lower premiums once you turn 25. For example, average prices for Hanover policyholders decrease more than 60% and Trustgard Auto's premiums reduce almost 70% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the cheapest auto insurance rates you'll ever find. After all, they've likely been driving for quite some time, which typically decreases their chances of collisions and other infractions that can raise premiums.

When looking at Hanover and Trustgard Auto specifically, which company is best for retired drivers? Trustgard Auto gets the edge, with prices for drivers 65 and older nearly 85% more affordable than the national average for Hanover.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are usually less expensive for married drivers than they are for those who are single? That's because policies for married policyholders generally cover more than one vehicle, which lots of companies will give you a discount for.

For single policyholders, the difference in average premiums between these two carriers is significant, with Trustgard Auto prices coming in at around a quarter of Hanover's. The advantage for married couples with Trustgard Auto is also obvious, where drivers save over 85% per month.

Hanover or Trustgard Auto: Average Rates by Gender

Did you know women normally pay less for car insurance than men? That's because women are less likely to get tickets and get into collisions, which lowers the chances of filing a claim with insurance.

With Hanover, women typically pay about 7% a month less than men, and around 6% less with Trustgard Auto when compared to their male counterparts.

Looking at the data for each carrier specifically, Trustgard Auto comes out as the lowest option for both genders. On average, women save about $690 per month and men save about $741 with Trustgard Auto compared to the average Hanover policyholder.

Hanover vs. Trustgard Auto: 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 can be a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and coverages that it can be hard to find the right policy for you.

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

Looking specifically at state minimum limits for liability insurance, Trustgard Auto has the significant edge, with average monthly rates coming in at $79. If you want a full coverage policy with the same state minimum limits, Trustgard Auto again has the edge, with policies averaging around $196 a month to Hanover's 1196.

Is Hanover or Trustgard Auto Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that accidents and speeding tickets lead to higher premiums, but which company -- Hanover or Trustgard Auto -- has the cheapest prices for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Hanover for their car insurance can usually expect their monthly bill to go up about 26% after getting a speeding ticket. Trustgard Auto policyholders can expect a bit more drastic of an increase of around 34%.

Even so, Trustgard Auto tends to offer the best prices for both drivers who have a recent ticket and those with clean records. With Trustgard Auto Insurance, drivers with a clean record can save about $519 per month and drivers with a speeding ticket can save around $690 a month.

Which Company is Best for Drivers After an Accident?

Hanover drivers who get in an accident can expect to see their rates rise by just under 35%, while those who have insurance through Trustgard Auto will see about a 25% increase.

At the end of the day, drivers who use Trustgard Auto end up with the cheaper prices after an accident, with average premiums coming in at $133 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. For example, Hanover increases average prices by nearly $400 per month -- that's nearly a 40% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Trustgard Auto tends to be cheaper for the average driver, with monthly premiums coming in at around $171 to Hanover's 1013.

How does Credit Score Impact Hanover and Trustgard Auto Rates?

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

The reasoning insurance companies 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 rates.

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

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Trustgard Auto will typically reward you the most. For drivers with "excellent" credit scores, Trustgard Auto comes in just under 49.09 less expensive. Drivers with "good" credit scores normally save about 76% with Trustgard Auto compared to average prices from Hanover.

Which Company is Best for Drivers with Bad Credit?

Trustgard Auto typically offers lower premiums than Hanover when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 84% a month less with Trustgard Auto compared to Hanover, and those with "poor" scores generally save an average of about 91% a month.

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

The amount of time you spend behind the wheel of your car plays a big role in how much auto insurance carriers will charge for coverage. Typically, the more milage 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 Trustgard Auto charges. However, there's a small difference in monthly rates for Hanover, with policyholders who drive 6,000 miles every year paying around $1 less each month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Trustgard Auto is the cheaper company.

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

Where you call home can play a large role in how much you pay for car insurance. Usually, those who live in urban areas will pay more than policyholders in rural areas due to the number of vehicles that are on the roads where they live.

Trustgard Auto tends to offer the lowest rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Trustgard Auto's average prices are about $147 while Hanover offers rates around $966. People in suburban areas pay a monthly price of about $132 with Trustgard Auto compared to $842 with Hanover. If you live in a rural area, you can expect to pay around $134 monthly with Trustgard Auto and $750 with Hanover.

Hanover vs. Trustgard Auto Discounts

No matter why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by utilizing as many insurance discounts as possible.

The hard part is finding all of the discounts you can take advantage of, 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 compared all of the different discounts offered by Hanover and Trustgard Auto so that you can see which one can save you the most money each month.

Overall, Hanover has the advantage when it comes to total number of discounts. Trustgard Auto offers a grand total of 16 discounts, while Hanover has 21.

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

On the other hand, Trustgard Auto has a few proprietary discounts of their own for things like advanced safety feature discounts, company car discounts, COVID-19 relief discount, and more.

Final Thoughts: Is Hanover or Trustgard Auto Best for You?

So, you've seen how different factors can affect your car insurance premiums. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, is Hanover or Trustgard Auto the best carrier for you and your specific profile and needs?

Trustgard Auto might be best for you if....

• You've received a ticket for speeding recently and don't want to see your rates climb.
• Your credit score is high.
• You drive fewer than 6,000 miles annually.

Hanover might be best for you if...

• You care about discounts (Hanover offers the most).

Hopefully, this guide helps you get a good idea of the differences between Hanover and Trustgard Auto. We also hope we've given you the information you need to make the best 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 a handful of carriers, not just Hanover and Trustgard Auto. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP code below and get free quotes from dozens of the top car insurance companies in your area, all in just a few minutes.

Hanover vs. Trustgard Auto FAQs

Is Hanover or Trustgard Auto cheaper?

Trustgard Auto is the more affordable of the two carriers when looking at national average prices, with policies averaging $137 per month with Trustgard Auto and $853 for Hanover. That being said, that doesn't mean Trustgard Auto will be the most affordable company for every driver, since there are a range of different variables that come into play when it comes to your auto insurance cost.

Who is better, Hanover or Trustgard Auto?

Unfortunately, the real answer is "it depends.". One carrier is not necessarily "better" for each policyholder -- it all depends on the makeup of your unique insurance profile.

Why do Hanover and Trustgard Auto offer me different rates?

Car insurance companies use many different factors when determining the premiums they charge. Variables such as where your home is, where you live, age, gender, and sometimes even things like your credit score can all be taken into consideration. Both Hanover and Trustgard Auto calculate prices differently, so it's likely they'll offer different premiums. The best way to determine which company is the lowest for you is by comparing personalized quotes from many different carriers.

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

The only way to find the auto insurance carrier that's right for you is by getting quotes from several 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 area information and you'll get quotes from dozens of your local top insurance carriers for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't Hanover or Trustgard Auto 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.