Hastings Mutual vs. Ohio Mutual: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for insurance, Ohio Mutual offers significantly more affordable prices than Hastings Mutual
• Ohio Mutual offers more affordable rates for drivers who have below-average credit
• Ohio Mutual offers cheaper average prices for policyholders who live in urban areas

Hastings Mutual or Ohio Mutual: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering pretty big savings, but exactly how much money can you save by switching?

You might have narrowed it down to Hastings Mutual or Ohio Mutual as your top options, but which company has less expensive premiums for auto insurance?

Looking at the national average rates for both carriers, Ohio Mutual has average rates that are around 30% a month cheaper than those from Hastings Mutual.

However, Ohio Mutual may not be the lowest or best option for each driver out there. Car insurance companies use tons of complex algorithms to determine rates, so depending on how clean your driving record is or how good your credit score is (among numerous other factors), you could see wildly different premiums from the ones above.

Wanting to know if Hastings Mutual or Ohio Mutual is really the right company for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Hastings Mutual vs. Ohio Mutual: Average Car Insurance Rates by State

Hastings Mutual and Ohio Mutual only compete against each other in Ohio, where Hastings Mutual offers the cheaper average premiums. Hastings Mutual drivers tend to pay about $55 per month less on average compared to drivers who use Ohio Mutual for their insurance.

There's a lot more that goes into your car insurance payment than just where you call home. Keep reading to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for insurance than any group out there on the road. That's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use Ohio Mutual save over 20% a month compared to those who use Hastings Mutual.

But both carriers will offer you dramatically lower rates once you turn 25. For example, average prices for Hastings Mutual policyholders reduce more than 45% and Ohio Mutual's rates decrease about 50% 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 cheapest premiums you can find.

When looking at Hastings Mutual and Ohio Mutual specifically, which carrier is best for retired drivers? Ohio Mutual gets the edge, with prices for drivers 65 and older $53 more affordable than the national average for Hastings Mutual.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance premiums tend to be more expensive for those who are single than they are for married policyholders. That's generally because married couples tend to own and insure multiple vehicles, which can often earn you a discount.

For single drivers, the difference in average prices between these two companies is significant, with Ohio Mutual rates coming in at a quarter less than Hastings Mutual's. For married drivers, the advantage is clear again - Ohio Mutual has the edge when it comes to average premiums.

Hastings Mutual or Ohio Mutual: Average Rates by Gender

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

On average, women see rates around $5 per month less expensive with Hastings Mutual, and about $8 less with Ohio Mutual.

When it comes to the most affordable prices for each gender, Ohio Mutual comes out on top for both men and women, with average rates 27% less for men and 29% cheaper for women.

Hastings Mutual vs. Ohio Mutual: 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.

For most people, auto insurance isn't the easiest topic to understand. There are a variety of different coverages that account for a bunch of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

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

Looking specifically at state minimum limits for liability insurance, Ohio Mutual has the significant edge, with average monthly prices coming in at $74. If you want a full coverage policy with the same state minimum limits, Ohio Mutual again has the edge, with policies averaging around $230 a month to Hastings Mutual's $279.

Is Hastings Mutual or Ohio Mutual Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance carriers offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Collisions and speeding tickets will most likely raise your prices, but is Hastings Mutual or Ohio Mutual more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Hastings Mutual for their insurance can normally expect their monthly bill to go up about 16% after getting a speeding ticket. Ohio Mutual policyholders can expect a bit more drastic of an increase of around 20%.

That being said, Ohio Mutual tends to offer the best prices for drivers both with clean records and with a ticket, offering rates that are $25 and $24 less expensive, respectively, compared to Hastings Mutual Insurance Company.

Which Company is Best for Drivers After an Accident?

Hastings Mutual drivers who get in a collision can expect to see their premiums increase by just under 15%, while those who have insurance through Ohio Mutual will see about a 35% increase.

At the end of the day, drivers who use Ohio Mutual end up with the cheaper prices after an accident, with average prices coming in at $125 compared to Hastings Mutual Insurance Company's $126.

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 speeding ticket or even an accident. For example, Hastings Mutual increases average premiums by more than $350 per month -- that's more than a 75% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Ohio Mutual tends to be cheaper for the average driver, with monthly premiums coming in at around $293 to Hastings Mutual's $478.

How does Credit Score Impact Hastings Mutual and Ohio Mutual Rates?

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

Auto 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.

Looking at Hastings Mutual and Ohio Mutual specifically, which one has the cheapest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Ohio Mutual will typically reward you the most. For drivers with "excellent" credit scores, Ohio Mutual comes in over 41.32 more affordable. Drivers with "good" credit scores normally save about 36% with Ohio Mutual compared to average prices from Hastings Mutual.

Which Company is Best for Drivers with Bad Credit?

Ohio Mutual typically offers lower rates than Hastings Mutual when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 26% a month less with Ohio Mutual compared to Hastings Mutual, and those with "poor" scores generally save an average of about 16% a month.

Is Hastings Mutual or Ohio Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a large impact on how much insurance carriers will charge for coverage. Usually, those who drive fewer miles will end up with cheaper premiums since there's less of a chance of causing a collision and filing an insurance claim.

In this case, neither Hastings Mutual or Ohio Mutual report increasing prices for drivers with higher annual mileage figures. That being said, Ohio Mutual comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle yearly, with average premiums of $152 per month for both.

Hastings Mutual or Ohio Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a sizable role in how much you pay for auto insurance. Typically, those who live in urban areas will pay more than policyholders in rural areas because of the number of cars that are on the roads where they live.

Ohio Mutual boasts the most affordable average rates 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 10% with Ohio Mutual compared to Hastings Mutual. People who live in suburban areas pay about 14% less with Ohio Mutual compared to Hastings Mutual. For drivers in urban ZIP codes, Ohio Mutual Insurance Company's average prices are around 47% less than Hastings Mutual Insurance Company.

Hastings Mutual vs. Ohio Mutual Discounts

No matter why you might be in the market for a new 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 car insurance discounts as possible.

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

Luckily, we did the hard work for you and looked at all of the different discounts Hastings Mutual and Ohio Mutual offer their customers so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Ohio Mutual blows Hastings Mutual away when it comes to the sheer amount of discounts available, offering seven more discounts than Hastings Mutual.

Both companies offer quite a few of the same discounts -- like ABS discounts, discounts for being a defensive driver, and passive restraint discounts -- but Ohio Mutual also offers discounts for advance quote, attentive driver, continuous insurance, and more.

On the other hand, Hastings Mutual has a few proprietary discounts of their own for things like company car discounts, good driving discounts, multi-car discounts, and more.

Final Thoughts: Is Hastings Mutual or Ohio Mutual Best for You?

So, you've seen how different variables can affect your auto insurance premiums. We've shown you all the discounts each company offers, too. But, when it comes down to it, which carrier is the right company for you and your specific driver profile?

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

• You will be the only person on the car insurance policy.
• You live in an suburban area.
• You drive often but have a short commute.

Hastings Mutual might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide helps you get a good idea of the differences between Hastings Mutual and Ohio Mutual. We also hope we've given you the information you need to make the best decision when it comes to your 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 car insurance -- comparing quotes from several carriers, not just Hastings Mutual and Ohio Mutual. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP code below and get free quotes from dozens of the top insurance companies in your area, all in just a few minutes.

Hastings Mutual vs. Ohio Mutual FAQs

Is Hastings Mutual or Ohio Mutual cheaper?

Ohio Mutual is the less expensive of the two carriers when looking at national average rates, with policies averaging $152 a month with Ohio Mutual and $211 for Hastings Mutual. But that doesn't mean Ohio Mutual will be the lowest company for every driver, since there are many different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Hastings Mutual or Ohio Mutual?

Unfortunately, the answer truly is "it depends.". No one carrier is necessarily "better" for each policyholder -- it all boils down to your unique auto insurance profile.

Why do Hastings Mutual and Ohio Mutual offer me different rates?

Insurance companies use a lot of different variables when calculating the prices they charge. Factors like your driving record, where your home is, age, gender, and sometimes even things like your credit score can all be taken into consideration. Both Hastings Mutual and Ohio Mutual calculate rates using different variables, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from several different carriers.

How do I know if Hastings Mutual or Ohio Mutual is right for me?

The only way to find the car insurance carrier 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 ZIP code and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the most affordable premium. And maybe you'll find that the best company for you isn't Hastings Mutual or Ohio Mutual 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.