Imt vs. Rurual Mutual: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Imt offers significantly less expensive premiums than Rurual Mutual
• Imt tends to be a much more affordable option for people who are single and purchasing auto insurance by yourself
• Imt offers cheaper average prices for policyholders who live in suburban areas

Imt vs. Rurual Mutual: 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 huge discounts. But exactly how much can you save by switching?

You've maybe even narrowed it down to Imt or Rurual Mutual as your top options, but which carrier will save you the most?

Looking at nationwide averages, Rurual Mutual is quite a bit more expensive than Imt, with premiums averaging $167 per month compared to just $109 with Imt.

Even so, Imt may not be the most affordable or best option for each driver out there. Car insurance companies vary their rates depending on things like how clean your driving record is, where you live, how old you are, how good your credit score is, and a variety of other factors, so prices could change drastically from person to person.

Luckily, we've broken down average premiums from both Imt and Rurual Mutual by a variety of different rate factors, so read on to find out which company is the best for you.

Imt or Rurual Mutual: Average Car Insurance Rates by State

Imt and Rurual Mutual only compete against each other in Wisconsin, where Imt offers the cheaper average rates. For Wisconsin residents, Imt offers insurance for $106 a month on average. Rurual Mutual's average prices come out to be over 50% more expensive, at $167 monthly.

There are plenty of other factors that go into your car insurance payment 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 auto insurance premiums of any other group of drivers out there on the road. That's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of nearly $150 less a month by choosing Imt over Rurual Mutual.

However, both carriers will drop prices once you turn 25. For example, average rates for Imt policyholders lower almost $95 and Rurual Mutual's prices decrease about $200 over that time.

Which is the Best Company for Retired Drivers?

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

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

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive insurance rates than married couples. That's usually because married drivers tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Imt is the clear winner for single policyholders, with prices around $65 per month cheaper than Rurual Mutual, on average. The advantage for married policyholders with Imt is also obvious, where drivers save more than 35% a month.

Imt vs. Rurual Mutual: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident. That means when it comes to car insurance men will normally end up paying a little more.

On average, men see premiums over 10% per month higher with Imt, and about 6% more with Rurual Mutual.

Looking at the data for each company specifically, Imt offers the lowest average rates for both men and women, with average prices $58 less for men and $59 cheaper for women.

Imt or Rurual 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 can be pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which typically refers to having comprehensive and collision coverages in addition to liability coverage).

If you're looking for state minimum limits for liability insurance, Imt normally offers less expensive rates of $58 compared to Rurual Mutual's $67. When it comes to full coverage policies with similar limits, Imt again has the edge, with policies around $100 a month more affordable than Rurual Mutual, on average.

Is Imt or Rurual Mutual 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.

It's no secret secret that tickets and collisions lead to higher premiums, but which carrier -- Imt or Rurual Mutual -- has the cheapest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Imt policyholders can expect their premiums to go up an average of $13 per month if they get a ticket, while Rurual Mutual generally raises prices about $10 a month, on average.

That being said, Imt tends to offer the best prices for drivers both with a speeding ticket and with a clean record, offering rates that are $41 and $38 cheaper, respectively, compared to Rurual Mutual Insurance.

Which Company is Best for Drivers After an Accident?

Imt drivers who get in an accident can expect to see their premiums rise by just under $60, while those who have insurance through Rurual Mutual will see around a $20 increase.

Overall, the less expensive prices come from Imt, with monthly rates averaging $134 compared to Rurual Mutual Insurance's $136.

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 ticket when it comes to your car insurance bill. For example, Rurual Mutual increases average premiums by over $150 per month -- that's just under a 60% increase.

If you have a DUI on your record and are looking for more affordable rates, Imt tends to be the much cheaper option with average prices of $135 per month compared to $288 from Rurual Mutual.

How does Credit Score Impact Imt and Rurual Mutual Rates?

Did you know that many auto insurance companies take into account your credit score when calculating rates? This isn't always the case (for example, Michigan and California are two states that ban the practice entirely), but it will come into play for several policyholders.

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

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

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Imt. Policyholders with "excellent" credit can save over 30% compared to Rurual Mutual, and those with "good" scores can also expect to see savings -- about $38 or 27% more affordable every month.

Which Company is Best for Drivers with Bad Credit?

Imt typically offers lower prices than Rurual Mutual when it comes to drivers with bad credit. Drivers with "fair" credit pay around $70 a month less with Imt compared to Rurual Mutual, and those with "poor" scores usually save an average of about $87 a month.

Is Imt or Rurual Mutual 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 how much insurance companies will charge for coverage? 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.

In this case, neither Imt or Rurual Mutual report increasing premiums for drivers with higher annual mileage figures. Still, Imt comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car each year, with average rates of $109 per month for both.

Imt vs. Rurual Mutual: 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 car insurance, but the type of area you live in can have a large impact as well. Generally, those who live in urban areas will pay more than drivers in rural areas because of the number of vehicles that are on the roads in those areas.

Imt boasts the lowest average premiums for drivers in all types of areas, no matter if they're urban, suburban, or rural.

In urban areas, IMT Insurance's average rates are around $75 less than Rurual Mutual Insurance. Drivers in suburban ZIP codes pay about $32 less with Imt compared to Rurual Mutual. If you live in a rural area, you can expect to save around $68 with Imt compared to Rurual Mutual.

Imt vs. Rurual Mutual Discounts

Regardless of 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 possible, and the best way to do that is by utilizing as many insurance discounts as you can.

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

In the table below, we've taken a look at all of the different discounts Imt and Rurual Mutual offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Overall, Imt comes out ahead with nine discounts to Rurual Mutual's six.

A couple of those are overlapping for things like distant student discounts, group discounts, and paid in full discounts. Imt also offers commercial product discounts, defensive driver discounts, driver training discounts, and more that Rurual Mutual does not.

On the flip side, Rurual Mutual has a unique discount of its own -- a claim free discounts.

Final Thoughts: Is Imt or Rurual Mutual Best for You?

So, you've seen how different factors can affect your auto insurance prices. We've broken down the different discounts each company offers, too. But, at the end of the day, is Imt or Rurual Mutual the best one for you and your specific driver profile?

Imt might be best for you if....

• You have a speeding ticket on your driving record.
• You're looking for discounts -- Imt has the most.
• You are over 65 years old and want to save some money on your car insurance.

Rurual Mutual might be best for you if...

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

We hope this guide has ben a valuable resource as you compare Imt and Rurual Mutual and that you can now make a more informed decision when it comes to your insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from multiple carriers, not just Imt and Rurual Mutual. Luckily, Compare.com makes it easy for you to do just that. Just 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.

Imt vs. Rurual Mutual FAQs

Is Imt or Rurual Mutual cheaper?

Looking just at the national average premiums, Imt is the less expensive of the two carriers, offering average rates of $109 a month compared to $167 for Rurual Mutual. However, Imt won't necessarily be the most affordable carrier for every driver, since there are lots of different variables that come into play when it comes to your insurance cost.

Who is better, Imt or Rurual Mutual?

Sadly, the only answer we can give you is "it depends.". No single company is "better" for everyone -- it all comes down to what your unique auto insurance profile looks like.

Why do Imt and Rurual Mutual offer me different rates?

Insurance companies take a look at quite a few different factors when determining the prices they charge policyholders. Variables like where you call home, where you park your car, gender, age, and sometimes even things like your credit score can all be used. Both Imt and Rurual Mutual use different formulas, 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 a bunch of different carriers.

How do I know if Imt or Rurual Mutual is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from a handful of 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 ZIP code and you'll get free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Imt or Rurual Mutual 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.