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

Quick Facts

• In general, Secura offers significantly less expensive premiums than Hastings Mutual
• Hastings Mutual offers cheaper average prices for drivers who have an at-fault accident on their record
• Secura has more affordable premiums for policyholders who may not have much of a commute

Hastings Mutual vs. Secura: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering large discounts, you're probably wondering exactly how much you might be able to save.

You might be considering Hastings Mutual or Secura as potential options, but between the two, which one will save you the most?

Looking at nationwide averages, Secura has average rates that are about 30% per month cheaper than those from Hastings Mutual.

That being said, that doesn't mean Secura will necessarily be less expensive than Hastings Mutual for every driver. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like where you call home, your age, your credit score, or even your driving record (among other things). 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 Hastings Mutual or Secura is really the best for you, keep reading to see average rates for each carrier broken down by many different rate factors.

Hastings Mutual or Secura: Average Car Insurance Rates by State

Hastings Mutual and Secura only compete against each other in three states, with Secura offering more affordable premiums to the average driver in all of them. Michigan has the most noticable difference, where Secura prices are over 70% less expensive than car insurance rates at Hastings Mutual.

That being said, there's a lot more that goes into your auto insurance cost than just the state you live in. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for insurance compared to older drivers. That's typically because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high auto insurance prices. As you can see above, teens who use Secura save nearly $65 a month compared to those who use Hastings Mutual.

However, both carriers will drop premiums by the time drivers turn 25. Secura offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. Hastings Mutual's average rates reduce more than 45% during that same period.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the most affordable 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 company offers the best rates to retired drivers? Secura gets the edge here, with average prices coming in at around $111 monthly compared to Hastings Mutual's $167.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive car insurance rates than married policyholders. That's usually because married drivers tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, Secura is the clear winner for single drivers, with premiums about $62 per month more affordable than Hastings Mutual, on average. For married couples, the advantage is clear again - Secura has the edge when it comes to average rates.

Hastings Mutual vs. Secura: Average Rates by Gender

You may not know, but auto insurance is typically cheaper for women than it is for men. This is because women are less likely to get into accidents and get tickets, which lowers the chances of an insurance claim.

On average, women see prices around 2% a month less with Hastings Mutual, and about 2% less with Secura.

Looking at overall affordability, Secura offers the lowest average premiums for both men and women, with average prices 31% less for men and 31% cheaper for women.

Hastings Mutual or Secura: 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. Everyone needs car insurance, but there are so many different terms and limits that it can be hard to find the right policy.

But most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers 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).

If you're looking for state minimum liability limits, Secura generally offers significantly cheaper premiums of $69 compared to Hastings Mutual's $142. When it comes to full coverage policies with similar limits, Secura again has the edge, with policies around $55 per month less expensive than Hastings Mutual, on average.

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

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

Collisions and tickets will most likely raise your rates, but is Hastings Mutual or Secura cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Hastings Mutual policyholders can expect their prices to go up an average of $20 a month if they get a ticket, while Secura normally raises rates about $35 per month, on average.

That being said, Secura tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket. Drivers with a clean record can save around $22 a month and drivers with a ticket can save about $7 per month with SECURA Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Hastings Mutual can expect to see around an $17 -- or about 13% -- increase in their car insurance premiums. Drivers who use Secura for their insurance will see a monthly bill around $42 (or 33%) more expensive after reporting a collision to their auto insurance carrier.

Overall, Hastings Mutual offers the most affordable prices for drivers with an at-fault collision on their records, with monthly rates averaging $126 compared to SECURA Insurance's $129.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your car insurance bill. For example, Hastings Mutual increases average premiums by over $350 a month -- that's over a 75% increase.

If you have a DUI on your record and are looking for more affordable rates, Secura tends to be the much more affordable option with average prices of $244 a month compared to $478 from Hastings Mutual.

How does Credit Score Impact Hastings Mutual and Secura Rates?

Often times, your credit score can be used as one of the factors to calculate your monthly insurance premiums. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect several drivers out there.

Car insurance carriers argue that those with good credit scores are more likely to pay their bills on time each month, which reduces the risk involved on their end, while the opposite is true for those with bad credit.

So, which company offers the lowest rates for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with Secura. Drivers with "excellent" credit can save more than 25% compared to Hastings Mutual, and those with "good" scores can also expect to see savings -- about $60 or 31% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

Secura typically offers lower premiums than Hastings Mutual when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay around $59 per month less with Secura compared to Hastings Mutual, and those with "poor" scores generally save an average of about $96 per month.

Is Hastings Mutual or Secura 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 substantial impact on your monthly prices? Normally, those who drive less will end up with cheaper premiums since there's less of a chance of getting into an accident and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Hastings Mutual charges. However, there's a small difference in monthly prices for Secura, with policyholders who drive the least paying around $5 less each month compared to those who drive 12,000 miles every year. Still, Secura is the more affordable option for drivers in both categories.

Hastings Mutual vs. Secura: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a considerable impact on your monthly auto insurance bill. Typically, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

Secura boasts the most affordable average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Secura's average prices are about $161 while Hastings Mutual offers rates around $291. People in suburban areas pay a monthly price of about $137 with Secura compared to $177 with Hastings Mutual. Those in rural areas can expect to pay around $139 monthly with Secura compared to Hastings Mutual's $164.

Hastings Mutual vs. Secura Discounts

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

The difficult 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.

In the table below, we've compared all of the different discounts offered by Hastings Mutual and Secura so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

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

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and discounts for insuring multiple cars with the same company. Secura also offers advance quote discounts, distant student discounts, group discounts, and more that Hastings Mutual does not.

On the flip side, Hastings Mutual has a couple unique discounts of its own -- ABS discounts, company car discounts, and prior carrier discounts.

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

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is Hastings Mutual or Secura the right company for you and your specific needs?

Secura might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault accidents on your record.
• You're looking for the carrier with the most discounts.
• You drive fewer than 12,000 miles yearly.

Hastings Mutual might be best for you if...

• You want to save money on your insurance after a collision.

We hope this guide helps you get a better idea of the difference between Hastings Mutual and Secura 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 car insurance -- comparing quotes from a handful of carriers, not just Hastings Mutual and Secura. Luckily, Compare.com makes it easy for you to do just that. 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. Secura FAQs

Is Hastings Mutual or Secura cheaper?

Looking just at the national average prices, Secura is the cheaper of the two carriers, offering average rates of $146 a month compared to $211 for Hastings Mutual. Even so, Secura won't necessarily be the cheapest company for each policyholder, since there are a bunch of different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Hastings Mutual or Secura?

Sadly, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for every driver -- it all depends on the makeup of your unique car insurance profile. For example, Hastings Mutual offers less expensive premiums for policyholders with an at-fault collision on their record, while Secura is more affordable for drivers who have less-than-stellar credit scores.

Why do Hastings Mutual and Secura offer me different rates?

Auto insurance companies take a look at quite a few different variables when calculating the rates they charge drivers. Factors such as where you call home, where you live, gender, age, and sometimes even things like your credit score can all be used. Both Hastings Mutual and Secura calculate prices using different formulas, so each one will most likely offer different premiums. The only real way to see which company is the lowest for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the 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 make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the most affordable premium. And who knows, the best company for you might not be Hastings Mutual or Secura 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.