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

Quick Facts

• In general, Ohio Mutual offers significantly more affordable rates than Metlife
• Metlife may help you save more money -- they offer more discounts than Ohio Mutual Insurance Company
• Ohio Mutual offers less expensive average prices for policyholders who drive fewer than 6,000 miles annually

Metlife or Ohio Mutual: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching to a new insurance policy. You've probably seen commercials and billboards from companies offering big savings, but exactly how much money can you save by switching?

You might have narrowed your search down to Metlife or Ohio Mutual as your top options, but which one will offer you cheaper rates?

Looking at nationwide averages, Ohio Mutual is quite a bit cheaper than Metlife, with premiums averaging $152 a month compared to $340 with Metlife.

That being said, that doesn't mean Ohio Mutual will necessarily be more affordable than Metlife for every single driver. Car insurance carriers use all sorts of complex algorithms to determine prices, so depending on how clean your driving record is or how good your credit score is (among an array of other factors), you could see wildly different premiums from the ones above.

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

Metlife vs. Ohio Mutual: Average Car Insurance Rates by State

Metlife and Ohio Mutual only compete against each other in Ohio, where Ohio Mutual offers the cheaper average prices. Ohio Mutual drivers tend to pay about $50 per month less on average compared to drivers who use Metlife for their auto insurance.

That being said, there are plenty of other factors that go into your car insurance payment than just the state you live in. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for auto insurance than any group on the road. 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 that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of over 70% less a month by choosing Ohio Mutual over Metlife. It's worth noting that Metlife offers car insurance in 44 different states compared to Ohio Mutual's one, which can skew the average premiums a bit, but the difference here is still considerable.

Even so, both companies will offer you dramatically lower prices once you turn 25. For example, average rates for Metlife policyholders drop more than 70% and Ohio Mutual's prices lower around 50% over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best premiums to retired drivers? Ohio Mutual gets the edge, with prices for drivers 65 and older $91 less expensive than the national average for Metlife.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are typically more affordable for married drivers than they are for single policyholders? That's normally because married couples tend to own and insure more than one vehicle, which can often earn you a discount.

For single drivers, the difference in average premiums between these two carriers is significant, with Ohio Mutual rates coming in at about a third of Metlife's. The advantage for married policyholders with Ohio Mutual is also obvious, where drivers save over 40% per month.

Metlife or Ohio Mutual: Average Rates by Gender

Did you know women tend to pay less for car insurance than men? This is because men are statistically more likely than women to get speeding tickets and get into collisions, which leads to increased risk for insurers and, therefore, higher premiums.

On average, women see prices around $30 a month cheaper with Metlife, and about $8 less with Ohio Mutual.

When it comes to the lowest rates for each gender, Ohio Mutual comes out on top for both men and women, with average premiums $198 less for men and $178 cheaper for women.

Metlife vs. Ohio Mutual: 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 limits that it can make it pretty confusing to find the right policy for you.

The two most common policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Ohio Mutual has the significant edge, with average monthly prices coming in at $74. If you want a full coverage policy with the same state minimum limits, Ohio Mutual again has the edge, with policies averaging around $230 per month to Metlife's $466.

Is Metlife or Ohio Mutual 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.

You'll probably end up paying more with at-fault collisions and speeding tickets on your record, but which of these two companies offers the most affordable rates to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Metlife for their car insurance can typically expect their monthly bill to go up about 21% after getting a speeding ticket. Ohio Mutual policyholders can expect a less drastic increase of around 20%.

However, Ohio Mutual tends to offer the best prices for drivers both with clean records and with a ticket -- their rates are around 62% less expensive for drivers with clean records and 62% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Metlife drivers who get in an accident can expect to see their prices rise by over 40%, while those who have insurance through Ohio Mutual will see about a 35% increase.

At the end of the day, drivers who use Ohio Mutual end up with the cheaper prices after an accident, with average premiums coming in at $125 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 collision or speeding ticket when it comes to your auto insurance bill. Metlife drivers usually see a 55% raise in their insurance rates after a DUI charge, while Ohio Mutual will usually increase premiums by around 71%.

Ohio Mutual has the overall cheapest prices for drivers with a DUI on their records at $293 per month, but it's worth noting that Metlife's average rates come from 44 states compared to just one for Ohio Mutual, so the data may be skewed slightly.

How does Credit Score Impact Metlife and Ohio Mutual Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as a car insurance factor, but it will come into play for quite a few policyholders.

Car 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.

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

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Ohio Mutual will generally reward you the most. For policyholders with "excellent" credit scores, Ohio Mutual comes in more than 55.86 more affordable. Drivers with "good" credit scores normally save about 55% with Ohio Mutual compared to average premiums from Metlife.

Which Company is Best for Drivers with Bad Credit?

Ohio Mutual typically offers lower prices than Metlife when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay around 55% a month less with Ohio Mutual compared to Metlife, and those with "poor" scores typically save an average of about 56% a month.

Is Metlife or Ohio Mutual Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in your monthly auto insurance bill. Generally, those who drive fewer miles will end up with less expensive premiums 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 Ohio Mutual charges. However, there's a small difference in monthly rates for Metlife, with policyholders who drive 6,000 miles each year paying around $3 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Ohio Mutual is the more affordable company.

Metlife or Ohio Mutual: 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 insurance, but the type of area you live in can have a sizable impact as well. Normally, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer cars on the road where they live, which lowers the chances of an accident.

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

For policyholders in urban ZIP codes, Ohio Mutual Insurance Company's average premiums are about 60% less than MetLife. People who live in suburban areas pay around 54% less with Ohio Mutual compared to Metlife. Those in rural areas can expect to save about 51% with Ohio Mutual compared to Metlife.

Metlife vs. Ohio Mutual Discounts

No matter why you might be in the market for a new auto 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 utilizing as many car insurance discounts as possible.

The hard part is finding all of the discounts you're eligible for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

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

Metlife blows Ohio Mutual away when it comes to the sheer amount of discounts available, offering 36 different discounts to Ohio Mutual's 17.

Both carriers offer many of the same discounts -- like ABS discounts, discounts for being a defensive driver, discounts for being a good student, and passive restraint discounts -- but Metlife also offers discounts for AAA, academic, agency transfer, and more.

On the other hand, Ohio Mutual has a few proprietary discounts of their own for things like advance quote discounts, attentive driver discounts, continuous insurance discounts, and more.

Final Thoughts: Is Metlife or Ohio Mutual Best for You?

So, you've seen how different factors can affect your insurance prices. We've broken down 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?

Ohio Mutual might be best for you if....

• Your driving record includes a DUI charge.
• You're looking for the best premiums on liability only coverage.
• Your neighborhood is in a rural area.

Metlife might be best for you if...

• You value the experience that comes with a large national car insurance carrier.
• You care about discounts (Metlife offers the most).

Hopefully, this guide helps you get a better idea of the difference between Metlife and Ohio Mutual. 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 best way to make sure you're getting the best deal on your insurance policy is to compare quotes from several companies, not just Metlife and Ohio Mutual. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Metlife vs. Ohio Mutual FAQs

Is Metlife or Ohio Mutual cheaper?

Ohio Mutual is the cheaper of the two companies when looking at national average rates, with policies averaging $152 per month with Ohio Mutual and $340 for Metlife. That being said, that doesn't mean Ohio Mutual will be the lowest company for each driver, since there are a bunch of different variables that come into play when it comes to your car insurance cost.

Who is better, Metlife or Ohio Mutual?

Sadly, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for every policyholder -- it all depends on the makeup of your unique insurance profile.

Why do Metlife and Ohio Mutual offer me different rates?

Auto insurance carriers use several different factors when determining the prices they charge. Things such as age, gender, your driving record, where you call home, and sometimes even things like your credit score can all come into play. Both Metlife and Ohio Mutual calculate premiums using different formulas, so it's likely they'll offer different prices. The best way to determine which company is the most affordable for you is by comparing personalized quotes from multiple different companies.

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

The only way to find the insurance carrier that's right for you is by getting quotes from multiple 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 information once and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the best price. And maybe you'll find that the best company for you isn't Metlife or Ohio Mutual 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.