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

Quick Facts

• Looking at the national averages for insurance, Metromile offers slightly more affordable prices than State Farm
• Metromile has cheaper rates for people who are single and purchasing car insurance by yourself
• State Farm offers more discounts than Metromile

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

So, you're thinking about switching your auto insurance. After all, you've seen ads from all sorts of companies offering big discounts. But exactly how much can you save by switching?

You might be considering Metromile or State Farm as potential options, but between the two, which one has less expensive premiums for auto insurance?

Looking at the national average rates for both companies, Metromile is about $8 per month cheaper than State Farm.

However, Metromile may not be the most affordable or best option for every single driver out there. Car insurance carriers use a ton of complex algorithms to calculate rates, so depending on how old you are or how good your credit score is (among many other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of Metromile or State Farm is really the best for you, keep reading to see average premiums for each carrier broken down by multiple different rate factors.

Metromile or State Farm: Average Car Insurance Rates by State

Metromile and State Farm only compete against each other in Arizona, where Metromile offers the cheaper average prices. For Arizona residents, undefined offers insurance for undefined a month on average. undefined's average rates come out to be more expensive, at undefined per month.

That being said, there are plenty of other factors that go into your car insurance payment than just the state you live in. Read on to find out more.

Which is the Best Company For Young Drivers?

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

But that doesn't mean that teen drivers have to just accept sky-high insurance prices. For example, 18-year-old drivers pay an average of $30 less a month by choosing Metromile over State Farm.

That being said, both companies will decrease rates once you turn 25. For example, average premiums for Metromile policyholders drop more than $200 and State Farm's rates reduce around $200 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest car insurance prices you can find. After all, they've likely been driving for quite some time, which usually lowers their chances of accidents and other infractions that can increase rates.

But who has the best premiums for retired drivers between Metromile and State Farm? State Farm gets the edge, with prices for drivers 65 and older $18 more affordable than the national average for Metromile.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance rates than married drivers. That's normally because married policyholders tend to own and insure several cars, which can often earn you a discount.

If you're in the market for insurance, Metromile tends to have the lowest average premiums regardless of marital status, with prices about 5% less expensive for married couples and around 5% cheaper for single policyholders.

Metromile vs. State Farm: Average Rates by Gender

Did you know men tend to pay more for car insurance than women? This is because women are less likely to get into accidents and get tickets, which decreases the chances of an insurance claim.

Surprisingly, men generally pay about 3% less per month than women with Metromile, and around 7% with State Farm.

When it comes to the most affordable prices for each gender, Metromile comes out on top for both men and women. On average, women save about $0 a month and men save about $16 with Metromile compared to the average State Farm policyholder.

Metromile 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 can be pretty complicated. There are so many different coverages and terms that it can make it pretty confusing to find the right policy.

Even so, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to liability).

If you're looking for state minimum limits for liability insurance, Metromile generally offers slightly more affordable rates of $99 compared to State Farm's $99. When it comes to full coverage policies with similar limits, Metromile again has the edge, with policies around $15 per month less expensive than State Farm, on average.

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

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

It's no secret secret that tickets and at-fault collisions lead to higher premiums, but which company -- Metromile or State Farm -- has the cheapest rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Metromile policyholders can expect their prices to go up an average of $33 a month if they get a ticket, while State Farm typically raises premiums about $21 per month, on average.

But Metromile tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket, offering prices that are $19 and $7 cheaper, respectively, compared to State Farm.

Which Company is Best for Drivers After an Accident?

Metromile drivers who get in a collision can expect to see their rates rise by over $55, while those who have insurance through State Farm will see around a $30 increase.

Overall, drivers who use State Farm end up with the cheaper prices after an accident, with monthly premiums averaging $163 compared to Metromile's $171.

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 car insurance bill -- usually a lot more than an accident or ticket. For example, Metromile increases average prices by over $50 a month -- that's over a 30% increase.

How does Credit Score Impact Metromile and State Farm Rates?

You may not realized it, but your credit score can come into play when companies determine your monthly bill. This isn't always the case (for example, Massachusetts and Hawaii are two states that ban the practice entirely), but it does affect a lot of policyholders out there.

The reasoning insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with less expensive rates.

Looking specifically at State Farm and Metromile, which company has the best premiums 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 Metromile or State Farm 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 prices. That's because the fewer miles you put on your vehicle, the less likely you are to get into a collision and cause an insurance claim.

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

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

Where you call home can have a substantial impact on your monthly auto insurance cost. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because there are a lot fewer cars on the roads in those areas.

When comparing these two companies side-by-side, Metromile boasts the most affordable average prices in rural and suburban areas, while State Farm wins in urban areas.

In urban areas, State Farm's average rates are around 11% less than Metromile. Drivers in suburban ZIP codes pay about 25% less with Metromile compared to State Farm. If you live in a rural area, you can expect to save around 6% with Metromile compared to State Farm.

Metromile vs. State Farm Discounts

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

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you're eligible for.

In the table below, we've broken down all of the different discounts offered by both Metromile and State Farm so that you can see which carrier can save you the most money each month.

State Farm blows Metromile away when it comes to the sheer amount of discounts available, offering 19 more discounts than Metromile.

A couple of those are overlapping for things like discounts for being a good driver and multi-policy discounts. State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Metromile does not.

On the flip side, Metromile has a couple unique discounts of its own -- online quote discounts and paperless discounts.

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

So, you've seen how different factors can affect your car insurance premiums. We've shown you all the discounts each company offers, too. That's all well and good, but at the end of the day, is Metromile or State Farm the best fit for you?

Metromile might be best for you if....

• You have a DUI charge on your record.
• Your neighborhood is in the suburbs.
• You don't spend much time in your car.

State Farm might be best for you if...

• You are considering moving to another state -- undefined only offers policies in.
• You have above-average credit.
• Your home is in a busy urban area.

We hope this guide helps you get a good idea of the differences between Metromile and State Farm and that you can now make a more informed decision when it comes to 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 carriers, not just Metromile 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 the top car insurance companies in your area, all in just a few minutes.

Metromile vs. State Farm FAQs

Is Metromile or State Farm cheaper?

Looking just at the national average rates, Metromile is the cheaper of the two carriers, offering average rates of $150 per month compared to $158 for State Farm. Even so, Metromile won't necessarily be the lowest carrier for everyone, since there are a variety of different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Metromile or State Farm?

Unfortunately, the only answer we can give you is "it depends.". One company is not necessarily "better" for everyone -- it all depends on what your unique auto insurance profile looks like. For example, Metromile offers less expensive prices for single drivers, while State Farm is more affordable for drivers who have already retired.

Why do Metromile and State Farm offer me different rates?

Insurance companies take a look at several different factors when calculating the premiums they charge policyholders. Variables like gender, where you park your vehicle, age, your driving record, and sometimes even things like your credit score can all be used. Both Metromile and State Farm calculate prices using different factors, so each one will most likely offer different rates. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a range of different carriers.

How do I know if Metromile 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 a handful of companies 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 free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the lowest premium. And who knows, the best carrier for you might not be Metromile 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.