Imt vs. State Auto: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Imt offers significantly less expensive premiums than State Auto
• Imt offers cheaper average rates for drivers who have a speeding ticket on their driving record
• State Auto may help you save more money -- they offer more discounts than IMT Insurance

Imt or State Auto: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. With so many ads from all sorts of companies offering huge savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Imt or State Auto as potential options, but between the two, which one will save you the most?

Looking at nationwide averages, Imt has average rates that are around 60% a month more affordable than those from State Auto.

But Imt may not be the most affordable or best option for every single driver out there. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like your credit score, where you call home, your age, or even your driving record (among other things), so premiums will differ quite a bit from person to person.

Wanting to know if Imt or State Auto 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.

Imt vs. State Auto: Average Car Insurance Rates by State

Imt and State Auto only compete against each other in one states, with Imt offering less expensive rates to the average driver in all of them. Wisconsin has the most noticable difference, where Imt prices are $120 more affordable than car insurance rates at State Auto.

That being said, there are plenty of other factors that go into your auto insurance bill than just where you live. Keep reading to learn more.

Which is the Best Company For Young Drivers?

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

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 75% less per month by choosing Imt over State Auto.

That being said, both companies will lower prices by the time drivers turn 25. For example, average premiums for Imt policyholders drop about $95 and State Auto's rates reduce around $500 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the lowest auto insurance premiums out there. After all, they've likely been driving for quite some time, which normally reduces their chances of collisions and other infractions that can raise rates.

But who has the best prices for retired drivers between Imt and State Auto? Imt gets the edge, with premiums for drivers 65 and older $85 cheaper than the national average for State Auto.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly less expensive car insurance rates than single drivers. That's because policies for married drivers typically cover several vehicles, which quite a few carriers will give you a discount for.

For those who are single, the difference in average prices between these two companies is significant, with Imt rates coming in at about a third of State Auto's. The advantage for married policyholders with Imt is also obvious, where drivers save more than 45% a month.

Imt or State Auto: Average Rates by Gender

You may not know, but insurance is usually more expensive for men than for women. This is because men are statistically more likely than women to get into collisions and get tickets, which leads to increased risk for insurers and, therefore, higher premiums.

With Imt, women normally pay over 10% per month less than men, but with State Auto, the difference is closer to 9% a month.

When it comes to the cheapest prices for each gender, Imt comes out as the most affordable option for both genders. On average, women save about $144 per month and men save around $156 with Imt compared to the average State Auto policyholder.

Imt vs. State 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.

It's no secret that car insurance can be a complicated subject for most people. There are so many different limits and terms that it can make it pretty confusing to find the right policy for you.

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

Looking specifically at state minimum limits for liability insurance, Imt has the significant edge, with average monthly rates coming in at $58. If you want a full coverage policy with the same state minimum limits, Imt again has the edge, with policies averaging about $160 a month to State Auto's $369.

Is Imt or State 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.

At-fault accidents and speeding tickets will most likely raise your prices, but is Imt or State Auto cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Imt for their insurance can generally expect their monthly bill to go up around 15% after getting a speeding ticket. State Auto policyholders can expect a bit more drastic of an increase of about 22%.

However, Imt tends to offer the best prices for both drivers who have a recent ticket and those with clean records -- their rates are around 55% more affordable for drivers with clean records and 59% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Imt drivers who get in an accident can expect to see their premiums increase by just under 45%, while those who have insurance through State Auto will see around a 35% increase.

At the end of the day, Imt offers the cheapest prices for drivers with an at-fault collision on their records, with average rates coming in at $134 compared to State Auto Insurance's $269.

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 a collision. For example, State Auto increases average premiums by more than $200 per month -- that's more than a 55% increase.

But if you end up with a DUI charge and are looking for more affordable prices, Imt tends to be more affordable for the average driver, with monthly premiums coming in at about $135 to State Auto's $380.

How does Credit Score Impact Imt and State Auto Rates?

Did you know many auto insurance carriers take your credit score into account when determining premiums? This isn't true for everyone (for example, Michigan and California are two states that ban the practice entirely), but it does affect a lot of policyholders out there.

The reasoning car insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will normally be forced to pay more.

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

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Imt will generally reward you the most. For drivers with "excellent" credit scores, Imt comes in over 55.67 cheaper. Drivers with "good" credit scores usually save around 55% with Imt compared to average rates from State Auto.

Which Company is Best for Drivers with Bad Credit?

Imt typically offers lower premiums than State Auto when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 59% a month less with Imt compared to State Auto, and those with "poor" scores typically save an average of around 60% monthly.

Is Imt or State Auto 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 pretty big impact on your monthly prices? That's because the fewer miles you put on your car each year, the less likely you are to be in an accident and file an insurance claim.

In this case, neither Imt or State Auto report increasing premiums for drivers with higher annual mileage figures. Still, Imt comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average rates of $109 per month for both.

Imt or State Auto: 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. Generally, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers since there are a lot more cars on the roads where they live.

Imt tends to offer the lowest prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

If you live in a rural area, you can expect to pay about $90 a month with Imt and $225 with State Auto. People in suburban areas pay a monthly rate of around $100 with Imt compared to $236 with State Auto. For drivers in urban ZIP codes, Imt's average rates are about $136 while State Auto offers prices around $317.

Imt vs. State Auto 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 taking advantage of as many car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be challenging to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you can take advantage of.

Luckily, we did the hard work for you and compared all of the different discounts offered by Imt and State Auto so that you can easily see which company offers the most discounts and, therefore, the largest savings.

State Auto blows Imt away when it comes to the sheer amount of discounts available, offering nine more discounts than Imt.

Both carriers offer quite a few of the same discounts -- like discounts for being a defensive driver, distant student discounts, and discounts for being a good student -- but State Auto also offers discounts for ABS, advance quote, advantage program , and more.

On the other hand, Imt has a few proprietary discounts of their own for things like commercial product discounts, group discounts, and minor child discounts.

Final Thoughts: Is Imt or State Auto Best for You?

So, we've broken down the average rates for many of the variables insurance companies look at, and we've shown you all the discounts each company offers. That's all well and good, but when it comes down to it, is Imt or State Auto the best carrier for you and your specific driver profile?

Imt might be best for you if....

• You want to save money on your car insurance after a collision.
• Your neighborhood is in a city.
• You're of retirement age and want to take advantage of lower premiums.

State Auto might be best for you if...

• You want to save extra money with discounts.

Hopefully, this guide has ben a valuable resource as you compare Imt and State Auto and that it aids in making a more informed decision about 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 several carriers, not just Imt and State Auto. 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.

Imt vs. State Auto FAQs

Is Imt or State Auto cheaper?

Imt is the more affordable of the two carriers when looking at national average prices, with policies averaging $109 a month with Imt and $259 for State Auto. Even so, that doesn't mean Imt will be the cheapest carrier for everyone, since there are multiple different factors that are considered when it comes to your car insurance cost.

Who is better, Imt or State Auto?

Unfortunately, the only answer we can give you is "it depends.". No one company is "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Imt and State Auto offer me different rates?

Car insurance companies use lots of different variables when calculating the premiums they charge. Factors such as your driving record, age, gender, where you park your vehicle, and sometimes even things like your credit score can all be taken into consideration. Both Imt and State Auto use different formulas, so it's likely they'll offer different rates. The best way to determine 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 State Auto 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, sites like Compare.com make it easy for you to do just that. Just enter your area information 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 best price. And maybe you'll find that the best carrier for you isn't Imt or State 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.