Motorists vs. Pekin: Which Company is the Best Fit for You?

Quick Facts

• In general, Pekin offers significantly more affordable rates than Motorists
• Motorists may help you save more money -- they offer more discounts than Pekin Insurance
• Pekin offers more affordable prices for policyholders who drive a short distance to work everyday

Motorists or Pekin: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large savings. But exactly how much can you save by switching?

You might be considering Motorists or Pekin, but between the two, which carrier will save you the most?

Looking at nationwide averages, Motorists is quite a bit more expensive than Pekin, with rates averaging $251 a month compared to just $74 with Pekin.

That being said, Pekin may not be the lowest or best option for each driver out there. Insurance carriers vary their premiums depending on things like how good your credit score is, how clean your driving record is, how old you are, where you live, and all sorts of other factors, so prices could change drastically from person to person.

So, if you want to find out which of Motorists or Pekin is really the best for you, keep reading to see average premiums for each company broken down by several different rate factors.

Motorists vs. Pekin: Average Car Insurance Rates by State

Motorists and Pekin only compete against each other in Indiana, where Pekin offers the cheaper average rates. Pekin drivers tend to pay about $65 per month less on average compared to drivers who use Motorists for their auto insurance.

There are plenty of other factors that go into your car insurance payment than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance prices of any other group of drivers out there 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.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of almost 60% less a month by choosing Pekin over Motorists.

However, with both companies, you'll see your premiums decrease significantly once you turn 25. For example, average rates for Motorists policyholders drop nearly 45% and Pekin's prices lower almost 65% over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest premiums out there.

When looking at Motorists and Pekin specifically, which carrier is best for retired drivers? Pekin gets the edge, with rates for drivers 65 and older $161 cheaper than the national average for Motorists.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance prices tend to be more expensive for those who are single than they are for married couples. That's generally because married drivers tend to own and insure multiple vehicles, which can often earn you a discount.

For single drivers, the difference in average premiums between these two carriers is significant, with Pekin rates coming in at around a third of Motorists's. The advantage is also clear for married policyholders - Pekin offers the most affordable average prices.

Motorists or Pekin: Average Rates by Gender

Because women are less likely to get into accidents and get tickets, they have a lower chance of filing a claim with insurance. So, women tend to get cheaper rates than men.

On average, men see premiums about $10 per month higher with Motorists, but with Pekin, the difference is closer to $1 a month.

Looking at the data for each company specifically, Pekin offers the lowest average rates for both men and women. On average, women save about $171 per month and men save around $182 with Pekin compared to the average Motorists policyholder.

Motorists vs. Pekin: 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.

Auto insurance can be a complicated subject for most people. There are so many different limits and coverages that it can make it pretty confusing to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers if you cause a collision) and full coverage (which typically refers to having collision and comprehensive coverages alongside liability coverage).

Looking specifically at state minimum liability insurance, Pekin has the significant edge, with average monthly prices coming in at $46. If you want a full coverage policy with the same state minimum limits, Pekin again has the edge, with policies averaging about $103 a month to Motorists's $379.

Is Motorists or Pekin Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great rates 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 speeding tickets and collisions lead to higher prices, but which carrier -- Motorists or Pekin -- has the cheapest premiums for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Motorists for their insurance can usually expect their monthly bill to go up around 10% after getting a speeding ticket. Pekin policyholders can expect a bit more drastic of an increase of about 19%.

But Pekin tends to offer the best prices for drivers both with clean records and with a ticket -- their rates are around 68% less expensive for drivers with clean records and 64% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Motorists can expect to see around an $37 -- or about 18% -- rise in their car insurance rates. Drivers who use Pekin for their insurance will see a monthly bill around $19 (or 26%) more expensive after reporting an accident to their car insurance company.

At the end of the day, the cheaper premiums come from Pekin, with average prices coming in at $73 compared to Motorists Insurance Group's $206.

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 insurance bill. Motorists drivers usually see a 62% raise in their auto insurance premiums after a DUI charge, while Pekin will normally increase rates by about 48%.

But if you end up with a DUI charge and are looking for more affordable prices, Pekin tends to be less expensive for the average driver, with monthly premiums coming in at around $104 to Motorists's $442.

How does Credit Score Impact Motorists and Pekin Rates?

You may not realized it, but your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (for example, California and Hawaii are two states that ban the practice entirely), but it does affect several drivers out there.

Car insurance companies 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 cheaper premiums.

Looking at Motorists and Pekin specifically, which company has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Pekin will usually reward you the most. For policyholders with "excellent" credit scores, Pekin comes in nearly 69.81 less expensive. Drivers with "good" credit scores typically save about 68% with Pekin compared to average rates from Motorists.

Which Company is Best for Drivers with Bad Credit?

Pekin typically offers lower premiums than Motorists when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around 67% per month less with Pekin compared to Motorists, and those with "poor" scores generally save an average of about 73% a month.

Is Motorists or Pekin 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 how much auto insurance carriers will charge for coverage. Normally, the more milage you put on your car each year, the more you can expect to pay for coverage.

For both remote workers and those taking short commutes, Pekin tends to be the more affordable option. Motorists's average rates for drivers with 6,000 annual miles come in nearly $200 more expensive than Pekin. Those who drive 12,000 miles annually can expect to pay just under $200 more with Motorists over Pekin.

Motorists or Pekin: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a large role in how much you pay for insurance. Usually, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders since there are a lot fewer vehicles on the road where they live, which decreases the chances of an accident.

Pekin boasts the cheapest average premiums 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 $182 with Pekin compared to Motorists. People who live in suburban areas pay about $147 less with Pekin compared to Motorists. For drivers in urban ZIP codes, Pekin Insurance's average rates are around $201 less than Motorists Insurance Group.

Motorists vs. Pekin 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.

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

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Motorists and Pekin so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Overall, Motorists comes out ahead with 14 discounts to Pekin's 10.

Both companies offer many of the same discounts -- like advance quote discounts, anti-theft discounts, and hybrid vehicle discounts -- but Motorists also offers discounts for ABS, empty nester discount, homeowner, and more.

On the other hand, Pekin has a few proprietary discounts of their own for things like EFT discounts, good student discounts, group discounts, and more.

Final Thoughts: Is Motorists or Pekin Best for You?

You've seen the effect certain variables have on your insurance and the different discounts carriers offer. That's all well and good, but at the end of the day, which company is the right one for you and your specific driver profile?

Pekin might be best for you if....

• Your driving record contains an at-fault accident.
• You're of retirement age and want to take advantage of lower prices.

Motorists might be best for you if...

• You're looking for discounts -- Motorists has the most.

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

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Motorists and Pekin. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top car insurance carriers in your area, all in just a few minutes.

Motorists vs. Pekin FAQs

Is Motorists or Pekin cheaper?

Pekin is the cheaper of the two companies when looking at national average rates, with policies averaging $74 a month with Pekin and $251 for Motorists. However, that doesn't mean Pekin will be the most affordable carrier for every driver, since there are a bunch of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Motorists or Pekin?

Unfortunately, the answer truly is "it depends.". One company is not "better" for everyone -- it all comes down to what your unique auto insurance profile looks like.

Why do Motorists and Pekin offer me different rates?

Car insurance carriers use many different variables when determining the premiums they charge. Things such as your driving record, where you call home, gender, age, and sometimes even things like your credit score can all come into play. Both Motorists and Pekin calculate prices using different factors, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from a range of different companies.

How do I know if Motorists or Pekin is right for me?

The only way to find the insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top auto insurance companies for free. That way, you can guarantee you're getting the cheapest rate. And maybe you'll find that the best carrier for you isn't Motorists or Pekin 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.