Missouri Farm Bureau vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, Missouri Farm Bureau offers significantly cheaper rates than Progressive
• Missouri Farm Bureau offers less expensive average prices for single people who will be the only person on the car insurance policy
• Progressive may help you save more money -- they offer more discounts than Missouri Farm Bureau Insurance

Missouri Farm Bureau or Progressive: 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 might be considering Missouri Farm Bureau or Progressive for your next policy, but which carrier will offer you more affordable premiums?

Looking at the national average rates for both carriers, Progressive has average rates that are around 40% a month more expensive than those from Missouri Farm Bureau.

But that doesn't mean Missouri Farm Bureau will necessarily be less expensive than Progressive for every single driver. Insurance companies vary their rates depending on things like how old you are, where you live, how clean your driving record is, how good your credit score is, and a ton of other factors, so prices will differ quite a bit from person to person.

Luckily, we've broken down average premiums from both Missouri Farm Bureau and Progressive by a range of different rate factors, so read on to find out which carrier is the best for you.

Missouri Farm Bureau vs. Progressive: Average Car Insurance Rates by State

Missouri Farm Bureau and Progressive only compete against each other in Missouri, where Missouri Farm Bureau 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 auto insurance.

But there's more to calculating car insurance rates than just your home state. Keep reading to learn more.

Which is the Best Company For Young Drivers?

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

However, that doesn't mean teen drivers can't still save money on their insurance. As you can see above, teens who use Missouri Farm Bureau save over 45% a month compared to those who use Progressive.

Even so, both carriers will offer you dramatically lower prices by the time you turn 25. Progressive offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Missouri Farm Bureau still has the lowest premiums at $94 per month.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the cheapest car insurance rates you'll ever see. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can raise premiums.

So, which company offers the best prices to retired drivers? Missouri Farm Bureau gets the edge here, with average rates coming in at about $81 monthly compared to Progressive's $131.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are usually more expensive for single drivers than they are for married policyholders? This usually boils down to married drivers having multiple vehicles on their policy -- something many auto insurance companies will reward with discounts.

For single policyholders, the difference in average premiums between these two carriers is significant, with Missouri Farm Bureau rates coming in at around half of Progressive's. The advantage is also clear for married couples - Missouri Farm Bureau offers the lowest average prices.

Missouri Farm Bureau or Progressive: Average Rates by Gender

Because women are less likely to get speeding tickets and get into collisions, they are less likely to file a claim with insurance. So, women tend to get cheaper rates than men.

Typically, men see rates about $15 per month higher with Missouri Farm Bureau, and around $5 with Progressive.

Looking at the data for each carrier specifically, Missouri Farm Bureau comes out on top for both men and women, with average premiums $64 less for men and $76 cheaper for women.

Missouri Farm Bureau vs. Progressive: 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.

It's no secret that insurance can be a complicated subject for most people. Everyone needs auto insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to liability).

Looking specifically at state minimum liability insurance, Missouri Farm Bureau has the significant edge, with average monthly prices coming in at $51. If you want a full coverage policy with the same state minimum limits, Missouri Farm Bureau again has the edge, with policies averaging about $170 a month to Progressive's $250.

Is Missouri Farm Bureau or Progressive Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that at-fault accidents and speeding tickets lead to higher rates, but which company -- Missouri Farm Bureau or Progressive -- has the cheapest premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Missouri Farm Bureau for their auto insurance can generally expect their monthly bill to go up around 5% after getting a speeding ticket. Progressive policyholders can expect a bit more drastic of an increase of about 17%.

That being said, Missouri Farm Bureau tends to offer the best prices for drivers both with clean records and with a ticket. With Missouri Farm Bureau Insurance, drivers with a clean record can save around $52 per month and drivers with a speeding ticket can save about $78 a month.

Which Company is Best for Drivers After an Accident?

Both companies will increase rates pretty significantly if you get into an at-fault collision with Progressive raising by around 30%. Missouri Farm Bureau has a less extreme increase, but you can still expect to pay more than 10% more than you were prior to your first accident.

At the end of the day, drivers who use Missouri Farm Bureau end up with the cheaper prices after an accident, with average prices coming in at $109 compared to Progressive's $214.

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. On average, Missouri Farm Bureau will raise your premiums about 28% after a DUI, while Progressive's average rates rise by over 15%.

How does Credit Score Impact Missouri Farm Bureau and Progressive Rates?

Did you know many car insurance carriers take into account your credit score when determining premiums? Certain states and companies do not allow for credit score to be used as an insurance factor, but it does affect a lot of drivers out there.

Insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with more affordable prices.

Looking specifically at Missouri Farm Bureau and Progressive, which company has the most affordable rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Missouri Farm Bureau or Progressive 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 sizable impact on your monthly prices? Typically, the more milage you drive, the more you can expect to pay for auto insurance.

In this case, neither Missouri Farm Bureau or Progressive report increasing premiums for drivers with higher annual mileage figures. Even so, Missouri Farm Bureau comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle every year, with average prices of $111 per month for both.

Missouri Farm Bureau or Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a large role in how much you pay for car insurance. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

Missouri Farm Bureau boasts the most affordable average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Missouri Farm Bureau Insurance's average premiums are around 36% less than Progressive. People who live in suburban areas pay about 39% less with Missouri Farm Bureau compared to Progressive. Those in rural areas can expect to save around 42% with Missouri Farm Bureau compared to Progressive.

Missouri Farm Bureau vs. Progressive 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 auto insurance discounts as possible.

But where do you even start? With what seems like a million different discounts out there, it may be hard to find all the ones you can take advantage of.

Luckily, we did the hard work for you and looked at all of the different discounts Missouri Farm Bureau and Progressive offer their customers so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Progressive knocks Missouri Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 34 different discounts to Missouri Farm Bureau's 34.

There are a couple discounts both companies offer, but Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, Missouri Farm Bureau has a few proprietary discounts of their own for things like hybrid vehicle discounts, occupation discounts, and preferred customer discounts.

Final Thoughts: Is Missouri Farm Bureau or Progressive Best for You?

You've seen the role certain variables have on your insurance and the different discounts carriers offer. But, at the end of the day, which insurance company is the best one for you and your specific driver profile?

Missouri Farm Bureau might be best for you if....

• You've been pulled over for speeding recently.
• You're looking for the best rates on liability only coverage.
• You and your spouse are buying car insurance together.

Progressive might be best for you if...

• You are considering moving to another state -- undefined is only available in.
• You're looking for discounts -- Progressive has the most.

Hopefully, this guide helps you get a good idea of the differences between Missouri Farm Bureau and Progressive and that you can now make a more informed decision when it comes to your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several companies, not just Missouri Farm Bureau and Progressive. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance carriers in your area, all for free.

Missouri Farm Bureau vs. Progressive FAQs

Is Missouri Farm Bureau or Progressive cheaper?

Missouri Farm Bureau is the cheaper of the two companies when looking at national average prices, with policies averaging $111 a month with Missouri Farm Bureau and $180 for Progressive. Even so, that doesn't mean Missouri Farm Bureau will be the lowest carrier for everyone, since there are a variety of different factors that come into play when it comes to your auto insurance cost.

Who is better, Missouri Farm Bureau or Progressive?

Unfortunately, the answer truly is "it depends.". Neither company is necessarily "better" for each policyholder -- it all depends on what your unique insurance profile looks like.

Why do Missouri Farm Bureau and Progressive offer me different rates?

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

How do I know if Missouri Farm Bureau or Progressive is right for me?

The only way to find the insurance company that's right for you is by getting quotes from a handful of 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 auto insurance companies for free. With those, you can guarantee you're getting the cheapest rate. And maybe you'll find that the best carrier for you isn't Missouri Farm Bureau or Progressive 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.