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

Quick Facts

• In general, Indiana Farmers offers significantly cheaper prices than Trustgard Auto
• Indiana Farmers tends to be a much less expensive option for residents of suburban areas
• Trustgard Auto may help you save more money -- they offer more discounts than Indiana Farmers Insurance

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

So, you're considering 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've maybe even narrowed it down to Indiana Farmers or Trustgard Auto as your top options, but between the two, which carrier will save you the most?

Looking at the national average rates for both carriers, Indiana Farmers is quite a bit cheaper than Trustgard Auto, with premiums averaging $81 a month compared to $137 with Trustgard Auto.

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

Wanting to know if Indiana Farmers or Trustgard Auto is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

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

Indiana Farmers and Trustgard Auto only compete against each other in Indiana, where Indiana Farmers offers the cheaper average prices. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their insurance.

But there's more to calculating car insurance premiums than just where you call home. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. The reason is that teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of over 60% less a month by choosing Indiana Farmers over Trustgard Auto.

Even so, both carriers will offer you dramatically lower rates once you turn 25. For example, average premiums for Indiana Farmers policyholders decrease almost 45% and Trustgard Auto's rates drop nearly 70% over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest prices you'll ever find.

But who has the best rates for retired drivers between Indiana Farmers and Trustgard Auto? Indiana Farmers gets the edge, with prices for drivers 65 and older $29 cheaper than the national average for Trustgard Auto.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be less expensive for married drivers than they are for those who are single. That's because policies for married policyholders normally cover more than one vehicle, which quite a few companies will give you a discount for.

For single drivers, the difference in average prices between these two carriers is significant, with Indiana Farmers rates coming in at around half of Trustgard Auto's. The advantage for married couples with Indiana Farmers is also obvious, where drivers save about $30 per month.

Indiana Farmers or Trustgard Auto: Average Rates by Gender

You may not know, but men usually pay more for auto insurance than women do. That's because women are less likely to get into accidents and get tickets, which decreases the chances of filing a claim with insurance.

Usually, women see premiums around $7 a month more affordable with Indiana Farmers, and almost $10 cheaper with Trustgard Auto when compared to their male counterparts.

When it comes to the most affordable rates for each gender, Indiana Farmers comes out on top for both men and women. On average, male drivers save about $58 per month and women save about $56 with Indiana Farmers compared to the average Trustgard Auto policyholder.

Indiana Farmers 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.

Car insurance can be a complicated subject for most people. There are lots of different coverages that account for multiple 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.

That being said, most policies that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability).

Looking specifically at state minimum liability limits, Indiana Farmers has the significant edge, with average monthly prices coming in at $44. If you want a full coverage policy with the same state minimum limits, Indiana Farmers again has the edge, with policies averaging around $118 a month to Trustgard Auto's $196.

Is Indiana Farmers 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 at-fault collisions will most likely raise your rates, but is Indiana Farmers or Trustgard Auto cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Indiana Farmers for their auto insurance can generally expect their monthly bill to go up about 17% after getting a speeding ticket. Trustgard Auto policyholders can expect a bit more drastic of an increase of around 34%.

But Indiana Farmers has more affordable prices for drivers in both categories -- their rates are around 29% less expensive for drivers with clean records and 43% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Indiana Farmers can expect to see about an $14 -- or around 17% -- rise in their car insurance premiums. Drivers who use Trustgard Auto for their auto insurance will see a monthly bill about $35 (or 26%) more expensive after reporting a collision to their insurance company.

At the end of the day, the less expensive prices come from Indiana Farmers, with average rates coming in at $84 compared to Trustgard Auto Insurance's $133.

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 ticket or even an accident. Trustgard Auto drivers usually see a 43% climb in their car insurance premiums after a DUI charge, while Indiana Farmers will normally increase prices by around 17%.

But if you end up with a DUI charge and are looking for more affordable rates, Indiana Farmers tends to be cheaper for the average driver, with monthly premiums coming in at about $84 to Trustgard Auto's $171.

How does Credit Score Impact Indiana Farmers and Trustgard Auto Rates?

Did you know many auto insurance carriers take into account your credit score when determining premiums? This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as a car insurance factor) but it might come into play for lots of drivers.

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

Looking specifically at Trustgard Auto and Indiana Farmers, which one has the lowest rates 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 Indiana Farmers 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 substantial impact on your monthly insurance bill? Generally, those who drive less will end up with more affordable prices since there's less of a chance of causing a collision and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Trustgard Auto charges. However, there's a small difference in monthly premiums for Indiana Farmers, with drivers who put 6,000 miles on their car each year paying around $2 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Indiana Farmers is the cheaper carrier.

Indiana Farmers or Trustgard Auto: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a pretty big impact on your monthly auto insurance cost. Typically, those who live in rural areas will pay less than drivers in urban areas due to the small number of vehicles that are on the roads where they live.

When comparing these two carriers side-by-side, Indiana Farmers usually comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about $62 with Indiana Farmers compared to Trustgard Auto. People who live in suburban areas pay around $49 less with Indiana Farmers compared to Trustgard Auto. For policyholders in urban ZIP codes, Indiana Farmers Insurance's average rates are about $59 less than Trustgard Auto Insurance.

Indiana Farmers vs. Trustgard Auto Discounts

No matter why you might be in the market for a new car insurance policy, you're always going to want to save as much money as you can. That's where insurance discounts comes into play.

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

Luckily, we did the hard work for you and looked at all of the different discounts Indiana Farmers and Trustgard Auto offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Trustgard Auto knocks Indiana Farmers out of the park when it comes to the sheer number of discounts available, offering eight more discounts than Indiana Farmers.

Both companies offer quite a few of the same discounts -- like advance quote discounts, discounts for being a good student, and renewal discounts -- but Trustgard Auto also offers discounts for advanced safety feature, anti-theft, company car, and more.

On the other hand, Indiana Farmers has a few proprietary discounts of their own for things like good driving discounts, mature driver discounts, multi-policy discounts, and more.

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

You've seen the effect certain variables have on your auto insurance and the different discounts carriers offer. But, when it comes down to it, which insurance carrier is the right company for you, your vehicle, and your wallet?

Indiana Farmers might be best for you if....

• You have a clean driving record, free of accidents, tickets, or DUIs.
• You want the most robust protection via a "full coverage" policy.
• You want to save money while purchasing car insurance for a teenager.

Trustgard Auto might be best for you if...

• You want to save extra money with discounts.

Hopefully, this guide helps you get a better idea of the difference between Indiana Farmers and Trustgard Auto and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Indiana Farmers and Trustgard Auto. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top auto insurance carriers in your area, all in just a few minutes.

Indiana Farmers vs. Trustgard Auto FAQs

Is Indiana Farmers or Trustgard Auto cheaper?

Indiana Farmers is the less expensive of the two companies when looking at national average prices, with policies averaging $81 per month with Indiana Farmers and $137 for Trustgard Auto. However, that doesn't mean Indiana Farmers will be the most affordable company for everyone, since there are a bunch of different factors that are considered when it comes to your insurance payment.

Who is better, Indiana Farmers or Trustgard Auto?

Sadly, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for each policyholder -- it all depends on what your unique car insurance profile looks like.

Why do Indiana Farmers and Trustgard Auto offer me different rates?

Auto insurance carriers use a lot of different variables when calculating the premiums they charge. Factors like where you live, where you park your car, age, gender, and sometimes even things like your credit score can all be used. Both Indiana Farmers and Trustgard Auto calculate rates using different formulas, so it's likely they'll offer different premiums. The best way to determine which company is the lowest for you is by comparing personalized quotes from a range of different companies.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top insurance companies for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best company for you isn't Indiana Farmers 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.