Mendakota vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, State Farm offers significantly more affordable rates than Mendakota
• State Farm has cheaper prices for policyholders who haven't received any speeding tickets or been in an accident in the last few years
• State Farm offers more affordable premiums for people who are single and purchasing insurance by yourself

Mendakota vs. State Farm: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering hefty discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Mendakota or State Farm as potential options, but between the two, which carrier will offer you less expensive rates?

Looking at nationwide averages, Mendakota has average rates that are about 35% per month more expensive than those from State Farm.

However, that doesn't necessarily mean State Farm will be the more affordable option for every single driver. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like your age, where you call home, your driving record, or even your credit score (among other things), so prices could change drastically from person to person.

Wanting to know if Mendakota or State Farm is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Mendakota or State Farm: Average Car Insurance Rates by State

Mendakota and State Farm only compete against each other in Nevada, where State Farm offers the cheaper average premiums. For Nevada residents, State Farm offers car insurance for $123 monthly on average. Mendakota's average prices come out to be over 70% more expensive, at $244 per month.

There's a lot more that goes into your insurance payment than just where you call home. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for auto insurance than any group 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.

That being said, that doesn't mean that teen drivers have to just accept sky-high car insurance premiums. As you can see above, teens who use State Farm save nearly $100 a month compared to those who use Mendakota.

But with both carriers, you'll see your rates drop significantly by the time drivers turn 25. State Farm offers the steepest decrease, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Mendakota's average prices decrease more than 45% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the most affordable auto insurance premiums out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for car insurance.

But who has the best premiums for retired drivers between Mendakota and State Farm? State Farm gets the edge, with rates for drivers 65 and older $76 less expensive than the national average for Mendakota.

Which is the Best Company for Married Drivers?

Married policyholders tend to get slightly cheaper insurance prices than single policyholders. That's because policies for married couples generally cover more than one car, which quite a few companies will offer you a discount for.

When it comes to relationship status, State Farm is the clear winner for those who are single, with premiums around $88 per month more affordable than Mendakota, on average. The advantage for married drivers with State Farm is also obvious, where drivers save almost $85 a month.

Mendakota vs. State Farm: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision, which means they'll typically end up paying more for auto insurance than women.

On average, men see prices about $20 per month higher with Mendakota, and over $10 with State Farm.

Looking at overall affordability, State Farm offers the lowest average rates for both men and women, with average premiums $89 less for men and $83 cheaper for women.

Mendakota or State Farm: 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, insurance isn't the easiest topic to understand. Everyone needs car insurance, but there are so many different terms and coverages that it can be hard to find the right policy.

Even so, the 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 usually refers to having comprehensive and collision coverages alongside what you get with a liability policy).

If you're looking for state minimum limits for liability insurance, State Farm typically offers significantly cheaper rates of $99 compared to Mendakota's $172. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $100 a month less expensive than Mendakota, on average.

Is Mendakota or State Farm Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto 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 accidents lead to higher prices, but which company -- Mendakota or State Farm -- has the cheapest premiums for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Mendakota policyholders can expect their prices to go up an average of $19 per month if they get a ticket, while State Farm normally raises rates about $21 a month, on average.

However, State Farm has more affordable prices for drivers in both categories, offering premiums that are $87 and $85 less expensive, respectively, compared to Mendakota Insurance Company.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Mendakota can expect to see around an $52 -- or about 19% -- increase in their insurance rates. Drivers who use State Farm for their auto insurance will see a monthly bill around $29 (or 18%) more expensive after reporting a collision to their insurance carrier.

Overall, drivers who use State Farm end up with the cheaper prices after an accident, with monthly prices averaging $163 compared to Mendakota Insurance Company's $273.

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 speeding ticket when it comes to your car insurance bill. For example, State Farm increases average premiums by $45 per month -- that's over a 25% increase.

How does Credit Score Impact Mendakota and State Farm Rates?

Did you know that many insurance carriers take your credit score into account when calculating rates? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it will come into play for many drivers.

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

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

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Mendakota or State Farm 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 large impact on your monthly premiums? Typically, the more miles you put on your vehicle, the more you can expect to pay for car insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Mendakota charges. However, there's a small difference in monthly prices for State Farm, with policyholders who drive 6,000 miles yearly paying about $13 less every month compared to those who drive 12,000 miles each year. Still, State Farm is the cheaper option for drivers in both categories.

Mendakota vs. State Farm: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a substantial role in how much you pay for insurance. Generally, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because there are a lot fewer cars on the roads in those areas.

State Farm boasts the cheapest average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, State Farm offers premiums around $185 a month compared to Mendakota's $418. People who live in suburban ZIP codes can expect to pay about $161 a month for State Farm and $176 for Mendakota. Lastly, those in rural areas tend to get the most affordable rates from both carriers, with average monthly premiums coming in at $127 and $138 for State Farm and Mendakota respectively.

Mendakota vs. State Farm Discounts

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

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.

In the table below, we've broken down all of the different discounts offered by both Mendakota and State Farm so that you can find the one that has the most discounts and, therefore, the biggest savings.

State Farm blows Mendakota away when it comes to the sheer amount of discounts available, offering 18 more discounts than Mendakota.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for insuring multiple cars with the same company, and passive restraint discounts. State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Mendakota does not.

On the flip side, Mendakota has a unique discount of its own -- a paid in full discounts.

Final Thoughts: Is Mendakota or State Farm Best for You?

So, we've broken down the average rates for many of the variables car insurance companies look at, and walked through the different discounts each company offers, too. That's all well and good, but at the end of the day, is Mendakota or State Farm the right company for you and your specific profile and needs?

State Farm might be best for you if....

• You haven't received any speeding tickets or been in an accident in the last few years.
• Your credit score is high.
• You're buying insurance for a teen and looking for a wallet-friendly option.

Mendakota 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 Mendakota and State Farm. 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 auto insurance -- comparing quotes from a handful of carriers, not just Mendakota and State Farm. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Mendakota vs. State Farm FAQs

Is Mendakota or State Farm cheaper?

Looking just at the national average prices, State Farm is the less expensive of the two carriers, offering average rates of $158 per month compared to $244 for Mendakota. Even so, State Farm won't necessarily be the lowest carrier for every policyholder, since there are a bunch of different factors that come into play when it comes to your auto insurance bill.

Who is better, Mendakota or State Farm?

Sadly, the answer truly is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique car insurance profile looks like. For example, State Farm offers more affordable premiums for drivers with an at-fault collision on their record, while Mendakota is cheaper for drivers who have less-than-stellar credit scores.

Why do Mendakota and State Farm offer me different rates?

Insurance companies take a look at lots of different variables when determining the prices they charge policyholders. Factors such as where you park your vehicle, where your home is, age, gender, and sometimes even things like your credit score can all be used. Both Mendakota and State Farm calculate rates using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from lots of different carriers.

How do I know if Mendakota or State Farm is right for me?

The only way to find the auto 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 makes it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Mendakota or State Farm 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.