Metlife vs. Nodak: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Nodak offers significantly less expensive rates than Metlife
• Metlife may help you save more money -- they offer more discounts than Nodak Insurance Company
• Nodak has cheaper premiums in ND

Metlife or Nodak: 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 large savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Metlife or Nodak, but between the two, which company has more affordable rates for car insurance?

Looking at the national average rates for both carriers, Nodak has average rates that are around 65% a month less expensive than those from Metlife.

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

So, if you want to find out which of Metlife or Nodak is really the best for you, keep reading to see average prices for each carrier broken down by a range of different rate factors.

Metlife vs. Nodak: Average Car Insurance Rates by State

Metlife and Nodak only compete against each other in North Dakota, where Nodak offers the cheaper average premiums. Nodak drivers tend to pay about $139 per month less on average compared to drivers who use Metlife for their insurance.

That being said, there's a lot more that goes into your auto insurance payment than just where you call home. Read on to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. That's generally because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean that teen drivers have to just accept sky-high car insurance prices. As you can see above, teens who use Nodak save over 80% a month compared to those who use Metlife. It's worth noting that Metlife offers auto insurance in 44 different states compared to Nodak's one, which can skew the average rates a bit, but the difference here is still considerable.

However, both carriers will lower premiums by the time you turn 25. For example, average rates for Metlife policyholders drop more than 70% and Nodak's prices decrease almost 50% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the most affordable car insurance rates you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for insurance.

So, which company offers the best premiums to retired drivers? Nodak gets the edge, with prices for drivers 65 and older $121 cheaper than the national average for Metlife.

Which is the Best Company for Married Drivers?

Did you know that car insurance premiums are usually more expensive for single policyholders than they are for married policyholders? This usually boils down to married couples having more than one vehicle on their policy -- something a lot of insurance companies will reward with discounts.

For those who are single, the difference in average rates between these two carriers is significant, with Nodak prices coming in at about a quarter of Metlife's. The advantage for married drivers with Nodak is also obvious, where drivers save around $100 per month.

Metlife or Nodak: 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 normally end up paying more for auto insurance than women.

Normally, men see premiums about $30 a month higher with Metlife, and around $5 with Nodak.

Looking at overall affordability, Nodak comes out as the cheapest option for both genders. On average, male drivers save about $240 per month and women save about $217 with Nodak compared to the average Metlife policyholder.

Metlife vs. Nodak: 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.

Insurance isn't the easiest topic to understand. There are so many different coverages and terms that it can make it pretty confusing to find the right policy for you.

Even so, most policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with liability).

Looking specifically at state minimum limits for liability insurance, Nodak has the significant edge, with average monthly rates coming in at $36. If you want a full coverage policy with the same state minimum limits, Nodak again has the edge, with policies averaging around $187 a month to Metlife's $466.

Is Metlife or Nodak 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 collisions and speeding tickets will most likely raise your prices, but is Metlife or Nodak less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Metlife for their car insurance can generally expect their monthly bill to go up about 21% after getting a speeding ticket. Nodak policyholders can expect a less drastic increase of around 16%.

But Nodak is typically the more affordable option for drivers both with clean records and with a ticket -- their rates are around 59% cheaper for drivers with clean records and 62% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Metlife drivers who get in a collision can expect to see their premiums climb by just under $150, while those who have insurance through Nodak will see about a $15 increase.

At the end of the day, Nodak offers the lowest rates for drivers with an at-fault collision on their records, with average prices coming in at $107 compared to MetLife's $368.

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 insurance bill. Metlife drivers usually see a 55% increase in their auto insurance rates after a DUI charge, while Nodak will usually raise premiums by around 36%.

Nodak has the overall cheapest prices for drivers with a DUI on their records at $141 a month, but it's worth noting that Metlife's average rates come from 44 states compared to just one for Nodak, so the data may be skewed slightly.

How does Credit Score Impact Metlife and Nodak Rates?

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

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

Looking specifically at Nodak and Metlife, which one has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Nodak will generally reward you the most. For policyholders with "excellent" credit scores, Nodak comes in nearly 73.87 more affordable. Drivers with "good" credit scores normally save about 69% with Nodak compared to average prices from Metlife.

Which Company is Best for Drivers with Bad Credit?

Nodak typically offers lower premiums than Metlife when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 67% per month less with Nodak compared to Metlife, and those with "poor" scores typically save an average of about 64% per month.

Is Metlife or Nodak 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 auto insurance cost? Usually, 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.

For both remote workers and those taking short commutes, Nodak offers less expensive prices than Metlife. Metlife's average premiums for drivers with 6,000 annual miles come in just under 70% more expensive than Nodak. Those who drive 12,000 miles annually can expect to pay more than 65% more with Metlife over Nodak.

Metlife or Nodak: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can play a sizable role in how much you pay for car insurance. Generally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because of the number of cars that are on the roads where they live.

When comparing these two companies side-by-side, Nodak typically comes out as the most affordable option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save around 63% with Nodak compared to Metlife. People who live in suburban areas pay about 67% less with Nodak compared to Metlife. For drivers in urban ZIP codes, Nodak Insurance Company's average rates are around 71% less than MetLife.

Metlife vs. Nodak 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 insurance discounts as possible.

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 qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Metlife and Nodak so that you can find the carrier that has the most discounts and, therefore, the largest savings.

Metlife knocks Nodak out of the park when it comes to the sheer number of discounts available, offering 27 more discounts than Nodak.

There are a couple discounts both carriers offer, but Metlife also offers discounts for AAA, ABS, academic, and more.

On the other hand, Nodak has a few proprietary discounts of their own for things like driver training discounts, low mileage discounts, and loyalty discounts.

Final Thoughts: Is Metlife or Nodak Best for You?

So, we've broken down the average premiums for many of the variables car insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but at the end of the day, which insurance company is the best fit for you?

Nodak might be best for you if....

• Your driving record includes a DUI charge.
• You live in an suburban area.
• You drive fewer than 12,000 miles each year.

Metlife might be best for you if...

• You value the experience that comes with a large national auto insurance carrier.
• You're looking for the company with the most discounts.

Hopefully, this guide has ben a valuable resource as you compare Metlife and Nodak. We also hope we've given you the information you need to make the best 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 several carriers, not just Metlife and Nodak. 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 car insurance companies in your area, all for free.

Metlife vs. Nodak FAQs

Is Metlife or Nodak cheaper?

Nodak is the cheaper of the two carriers when looking at national average rates, with policies averaging $111 a month with Nodak and $340 for Metlife. That being said, that doesn't mean Nodak will be the lowest carrier for every driver, since there are a bunch of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Metlife or Nodak?

Sadly, the only answer we can give you is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique insurance profile looks like.

Why do Metlife and Nodak offer me different rates?

Auto insurance companies use quite a few different variables when calculating the premiums they charge. Things like where you live, where you call home, gender, age, and sometimes even things like your credit score can all be used. Both Metlife and Nodak use different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from lots of different carriers.

How do I know if Metlife or Nodak is right for me?

The only way to find the car 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 ZIP code and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the best price. And maybe you'll find that the best carrier for you isn't Metlife or Nodak 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.