Indiana Farm Bureau vs. Trustgard Auto: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Trustgard Auto offers significantly more affordable rates than Indiana Farm Bureau
• Trustgard Auto offers more affordable prices for policyholders who have a clean record
• Trustgard Auto tends to be a much less expensive option for policyholders who live in the suburbs

Indiana Farm Bureau or Trustgard Auto: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering hefty savings. But exactly how much can you save by switching?

You might have narrowed it down to Indiana Farm Bureau or Trustgard Auto, but between the two, which one will save you the most?

Looking at the national average rates for both carriers, Trustgard Auto has average rates that are around 24% a month cheaper than those from Indiana Farm Bureau.

Even so, Trustgard Auto may not be the most affordable or best option for every single driver out there. Car insurance companies vary their rates depending on things like how clean your driving record is, where you live, how good your credit score is, how old you are, and tons of other factors, so premiums will change quite a bit from person to person.

Wanting to know if Indiana Farm Bureau or Trustgard 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.

Indiana Farm Bureau vs. Trustgard Auto: Average Car Insurance Rates by State

Indiana Farm Bureau and Trustgard Auto only compete against each other in Indiana, where Trustgard Auto offers the cheaper average rates. Trustgard Auto drivers tend to pay about $65 per month less on average compared to drivers who use Indiana Farm Bureau for their insurance.

That being said, there's a lot more that goes into your auto insurance bill than just where you live. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance premiums of any other group of drivers out there on the road. That's typically because teen drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

That being said, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. As you can see above, teens who use Trustgard Auto save almost 20% a month compared to those who use Indiana Farm Bureau.

But with both carriers, you'll see your prices drop significantly by the time drivers turn 25. Trustgard Auto offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Indiana Farm Bureau's average premiums decrease over 65% during that same period.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the cheapest insurance rates you'll ever see. After all, they've likely been driving for quite some time, which normally decreases their chances of collisions and other infractions that can raise premiums.

When looking at Indiana Farm Bureau and Trustgard Auto specifically, which carrier is best for retired drivers? Trustgard Auto gets the edge, with prices for drivers 65 and older $28 less expensive than the national average for Indiana Farm Bureau.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are generally more expensive for those who are single than they are for married policyholders? That's usually because married drivers tend to own and insure several vehicles, which can often earn you a discount.

For single policyholders, the difference in average premiums between these two companies is significant, with Trustgard Auto prices coming in at a quarter less than Indiana Farm Bureau's. The advantage is also clear for married couples - Trustgard Auto offers the lowest average premiums.

Indiana Farm Bureau or Trustgard Auto: Average Rates by Gender

Because women are less likely to get tickets and get into accidents, they have a decreased chance of filing a claim with insurance. So, insurance carriers will often charge women less than men.

Typically, women see prices nearly 15% per month less with Indiana Farm Bureau, and about 6% less with Trustgard Auto when compared to their male counterparts.

Looking at overall affordability, Trustgard Auto offers the most affordable average rates for both men and women, with average prices 26% less for men and 20% cheaper for women.

Indiana Farm Bureau vs. Trustgard 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.

Auto insurance isn't the easiest topic to understand. There are a bunch of different coverages that account for a range 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.

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

Looking specifically at state minimum liability insurance, Trustgard Auto has the edge, with average monthly rates coming in at $79. If you want a full coverage policy with the same state minimum limits, Trustgard Auto again has the edge, with policies averaging around $196 a month to Indiana Farm Bureau's $263.

Is Indiana Farm Bureau or Trustgard Auto Better for Drivers with Spotty Records?

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

Speeding tickets and accidents will most likely raise your prices, but is Indiana Farm Bureau or Trustgard Auto cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Indiana Farm Bureau for their auto insurance can typically expect their monthly bill to go up about 31% after getting a speeding ticket. Trustgard Auto policyholders can expect a bit more drastic of an increase of around 34%.

That being said, Trustgard Auto has more affordable rates for drivers in both categories, offering premiums that are 20% and 17% less expensive, respectively, compared to Indiana Farm Bureau Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will increase prices pretty significantly if you get into an at-fault collision with Indiana Farm Bureau climbing by about 37%. Trustgard Auto has a less extreme raise, but you can still expect to pay more than 25% more than you were prior to your first accident.

At the end of the day, Trustgard Auto offers the cheapest premiums for drivers with an at-fault collision on their records, with average rates coming in at $133 compared to Indiana Farm Bureau Insurance's $195.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly insurance bill -- generally a lot more than a collision or ticket. For example, Indiana Farm Bureau increases average premiums by more than $100 per month -- that's over a 45% increase.

But if you end up with a DUI charge and are looking for more affordable rates, Trustgard Auto tends to be cheaper for the average driver, with monthly premiums coming in at around $171 to Indiana Farm Bureau's $224.

How does Credit Score Impact Indiana Farm Bureau and Trustgard Auto Rates?

In many cases, your credit score can be used as one of the factors to determine your monthly car insurance prices. This isn't true for everyone (Hawaii, for example, has banned the use of credit score as an auto insurance factor) but it will come into play for several drivers.

Insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with more affordable premiums.

Looking specifically at Trustgard Auto and Indiana Farm Bureau, which company has the lowest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Indiana Farm Bureau or Trustgard 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 big impact on your monthly car insurance cost? Normally, those who drive fewer miles will end up with cheaper rates since there's less of a chance of causing an accident and filing an insurance claim.

In this case, neither Indiana Farm Bureau or Trustgard Auto report increasing prices for drivers with higher annual mileage figures. Still, Trustgard Auto comes out as the cheapest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average rates of $137 a month for both.

Indiana Farm Bureau or Trustgard 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, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

Trustgard Auto tends to offer the lowest rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Trustgard Auto Insurance's average premiums are about $40 less than Indiana Farm Bureau Insurance. People who live in suburban areas pay around $65 less with Trustgard Auto compared to Indiana Farm Bureau. Those in rural areas can expect to save about $22 with Trustgard Auto compared to Indiana Farm Bureau.

Indiana Farm Bureau vs. Trustgard Auto Discounts

You want to save as much money as you can, right? The best way to do that is by taking advantage of 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 challenging to find all the ones you can take advantage of.

Luckily, we did the hard work for you and compared all of the different discounts offered by Indiana Farm Bureau and Trustgard Auto so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Overall, Trustgard Auto comes out ahead with 16 discounts to Indiana Farm Bureau's 15.

Both carriers offer many of the same discounts -- like education discounts, discounts for being a good student, and life policy discounts -- but Trustgard Auto also offers discounts for advance quote, advanced safety feature, anti-theft, and more.

On the other hand, Indiana Farm Bureau has a few proprietary discounts of their own for things like ABS discounts, agri-business discounts, employee discounts, and more.

Final Thoughts: Is Indiana Farm Bureau or Trustgard Auto Best for You?

So, you've seen how different variables can affect your auto insurance rates. We've shown you all the discounts each carrier offers, too. But, at the end of the day, which insurance company is the right company for you and your specific driver profile?

Trustgard Auto might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault collisions on your record.
• You're looking for the best prices on liability only coverage.
• You and your spouse are buying insurance together.

Indiana Farm Bureau 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 better idea of the difference between Indiana Farm Bureau and Trustgard Auto. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple companies, not just Indiana Farm Bureau and Trustgard Auto. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

Indiana Farm Bureau vs. Trustgard Auto FAQs

Is Indiana Farm Bureau or Trustgard Auto cheaper?

Trustgard Auto is the less expensive of the two companies when looking at national average premiums, with policies averaging $137 per month with Trustgard Auto and $180 for Indiana Farm Bureau. Even so, that doesn't mean Trustgard Auto will be the cheapest carrier for everyone, since there are many different factors that are considered when it comes to your car insurance payment.

Who is better, Indiana Farm Bureau or Trustgard Auto?

Sadly, the answer truly is "it depends.". One company is not "better" for every policyholder -- it all depends on what your unique insurance profile looks like. For example, Indiana Farm Bureau is more affordable for drivers with excellent credit, while Trustgard Auto offers cheaper rates for drivers with a recent DUI.

Why do Indiana Farm Bureau and Trustgard Auto offer me different rates?

Auto insurance carriers use quite a few different variables when determining the premiums they charge. Things such as your driving record, where you park your vehicle, gender, age, and sometimes even things like your credit score can all be used. Both Indiana Farm Bureau and Trustgard Auto calculate prices using different factors, 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 multiple different companies.

How do I know if Indiana Farm Bureau or Trustgard Auto is right for me?

The only way to find the insurance company that's right for you is by getting quotes from a handful of carriers 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 car insurance companies for free. That way, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Indiana Farm Bureau or Trustgard 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.