Idaho Farm Bureau vs. Metlife: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Idaho Farm Bureau offers significantly more affordable rates than Metlife
• Idaho Farm Bureau offers less expensive average premiums for people who are single and purchasing car insurance by yourself
• Metlife offers more discounts than Idaho Farm Bureau Insurance

Idaho Farm Bureau vs. Metlife: Which Company has the Cheapest Car Insurance?

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

You might have narrowed it down to Idaho Farm Bureau or Metlife as potential options, but between the two, which carrier will save you the most?

As you can see, Idaho Farm Bureau has average rates that are about 65% per month cheaper than those from Metlife when looking at the national average rates for auto insurance.

However, that doesn't mean Idaho Farm Bureau will necessarily be more affordable than Metlife for every single driver. After all, insurance companies can offer drastically different rates to each driver depending on rating factors like your driving record, your age, where you call home, or even your credit score (among other things). So, at the end of the day, prices from every carrier will differ quite a bit from person to person.

Wanting to know if Idaho Farm Bureau or Metlife is really the right company for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Idaho Farm Bureau or Metlife: Average Car Insurance Rates by State

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There's a lot more that goes into your insurance cost than just where you call home. Read on to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance prices of any other group of drivers. That's normally 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 insurance rates. For example, 18-year-old drivers pay an average of more than $500 less a month by choosing Idaho Farm Bureau over Metlife.

That being said, both carriers will lower premiums by the time you turn 25. Metlife offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Idaho Farm Bureau still has the most affordable rates at $123 a month.

Which is the Best Company for Retired Drivers?

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

When looking at Idaho Farm Bureau and Metlife specifically, which carrier is best for retired drivers? Idaho Farm Bureau gets the edge, with premiums for drivers 65 and older $111 cheaper than the national average for Metlife.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be less expensive for married drivers than they are for single drivers. That's generally because married couples tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Idaho Farm Bureau is the clear winner for those who are single, with premiums around $289 per month cheaper than Metlife, on average. The advantage is also clear for married policyholders - Idaho Farm Bureau offers the lowest average rates.

Idaho Farm Bureau vs. Metlife: Average Rates by Gender

Because men are more likely to get speeding tickets and get into accidents, they are more likely to file a claim with insurance. Therefore, men usually pay more for insurance than women.

On average, women see prices about 7% a month less with Idaho Farm Bureau, and nearly 10% less with Metlife when compared to their male counterparts.

When it comes to the most affordable premiums for each gender, Idaho Farm Bureau comes out as the lowest option for both genders. On average, male drivers save about $222 per month and women save around $203 with Idaho Farm Bureau compared to the average Metlife policyholder.

Idaho Farm Bureau or Metlife: 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. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to liability).

If you're looking for state minimum liability limits, Idaho Farm Bureau generally offers significantly more affordable rates of $66 compared to Metlife's $215. When it comes to full coverage policies with similar limits, Idaho Farm Bureau again has the edge, with policies about $300 a month less expensive than Metlife, on average.

Is Idaho Farm Bureau or Metlife Better for Drivers with Spotty Records?

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

At-fault collisions and tickets will most likely raise your rates, but is Idaho Farm Bureau or Metlife more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Idaho Farm Bureau insurance policies don't report seeing their prices increase after getting a ticket, but Metlife policyholders can expect to see their monthly bill increase by around 20%.

But Idaho Farm Bureau tends to offer the best prices for both drivers who have clean records and those with a recent ticket, offering premiums that are 59% and 67% cheaper, respectively, compared to MetLife.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Idaho Farm Bureau can expect to see about an $29 -- or around 24% -- increase in their auto insurance prices. Drivers who use Metlife for their car insurance will see a monthly bill about $148 (or 40%) more expensive after reporting a collision to their insurance company.

Overall, drivers who use Idaho Farm Bureau end up with the cheaper prices after an accident, with monthly rates averaging $120 compared to MetLife's $368.

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, Metlife increases average premiums by over $250 per month -- that's over a 55% increase.

How does Credit Score Impact Idaho Farm Bureau and Metlife Rates?

You may not realized it, but your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it does affect several policyholders out there.

The reasoning car insurance companies use is that drivers with bad credit will be less likely to pay their bills on time; so normally, they'll be asked to pay more, while those with good credit will be rewarded with less expensive rates.

Looking specifically at Metlife and Idaho Farm Bureau, which company has the best premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Idaho Farm Bureau or Metlife Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly prices. That's because the fewer miles you put on your vehicle each year, the less likely you are to get into a collision and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure, Idaho Farm Bureau tends to be the more affordable option. Idaho Farm Bureau's average premiums for drivers with 6,000 annual miles come in around 65% cheaper than Metlife. Those who drive 12,000 miles each year can expect to pay about 61% less with Idaho Farm Bureau over Metlife.

Idaho Farm Bureau vs. Metlife: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a substantial impact as well. Typically, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of cars that are on the roads in those areas.

Idaho Farm Bureau tends to offer the lowest rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

In urban areas, Idaho Farm Bureau Insurance's average prices are around 70% less than MetLife. Drivers in suburban ZIP codes pay about 62% less with Idaho Farm Bureau compared to Metlife. If you live in a rural area, you can expect to save around 54% with Idaho Farm Bureau compared to Metlife.

Idaho Farm Bureau vs. Metlife Discounts

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

But with what seems like a million different discounts out there, it can be hard to find all the ones you're eligible for or to nail down the company that has the most discounts for your unique driver profile.

Below, we've broken down all of the different discounts offered by both Idaho Farm Bureau and Metlife so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Metlife blows Idaho Farm Bureau away when it comes to the sheer amount of discounts available, offering 34 more discounts than Idaho Farm Bureau.

Both carriers offer several of the same discounts -- like discounts for being a defensive driver and discounts for being a good student -- but Metlife also offers AAA discounts, ABS discounts, academic discounts, and more that Idaho Farm Bureau does not.

Idaho Farm Bureau's discounts come through just two categories -- Defensive Driver and Good Student.

Final Thoughts: Is Idaho Farm Bureau or Metlife Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, which carrier is the right one for you and your specific driver profile?

Idaho Farm Bureau might be best for you if....

• You have a speeding ticket on your driving record.
• Your home is in a busy urban area.
• You drive fewer than 12,000 miles yearly.

Metlife might be best for you if...

• You already have plans to move to another state -- undefined is only available in.
• You're looking for the company with the most discounts.

We hope this guide helps you get a better idea of the difference between Idaho Farm Bureau and Metlife. We also hope we've given you the information you need to make the best decision when it comes to your car 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 Idaho Farm Bureau and Metlife. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

Idaho Farm Bureau vs. Metlife FAQs

Is Idaho Farm Bureau or Metlife cheaper?

Looking just at the national average rates, Idaho Farm Bureau is the less expensive of the two carriers, offering average rates of $127 a month compared to $340 for Metlife. That being said, Idaho Farm Bureau won't necessarily be the most affordable carrier for every driver, since there are a variety of different variables that come into play when it comes to your car insurance payment.

Who is better, Idaho Farm Bureau or Metlife?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique insurance profile looks like.

Why do Idaho Farm Bureau and Metlife offer me different rates?

Car insurance companies take a look at lots of different factors when calculating the premiums they charge drivers. Variables such as your driving record, where you live, age, gender, and sometimes even things like your credit score can all be taken into consideration. Both Idaho Farm Bureau and Metlife calculate prices using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a bunch of different carriers.

How do I know if Idaho Farm Bureau or Metlife is right for me?

The only way to find the 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, Compare.com does 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. With those, you can guarantee you're getting the lowest premium. And who knows, the best carrier for you might not be Idaho Farm Bureau or Metlife 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.