Noblr Reciprocal Exchange vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Noblr Reciprocal Exchange offers significantly more affordable premiums than State Farm
• Noblr Reciprocal Exchange offers more affordable rates for policyholders who live in urban areas
• State Farm may help you save more money -- they offer more discounts than Noblr Reciprocal Exchange

Noblr Reciprocal Exchange or State Farm: 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 large savings. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Noblr Reciprocal Exchange or State Farm for your next policy, but which carrier will save you the most?

Looking at the national average rates for both carriers, Noblr Reciprocal Exchange has average rates that are around 50% a month cheaper than those from State Farm.

That being said, Noblr Reciprocal Exchange may not be the lowest or best option for every driver out there. Insurance companies use a variety of complex algorithms to determine premiums, 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.

Wanting to know if Noblr Reciprocal Exchange or State Farm is really the right company for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Noblr Reciprocal Exchange vs. State Farm: Average Car Insurance Rates by State

Noblr Reciprocal Exchange and State Farm only compete against each other in Arizona, where Noblr Reciprocal Exchange 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 car insurance.

But there's more to auto insurance than just your home state. As we mentioned above, there's a lot of things that go into how car insurance carriers calculate your rates. Read on to learn more.

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 other group of drivers. 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 that teen drivers have to just accept sky-high insurance premiums. For example, 18-year-old drivers pay an average of over 30% less a month by choosing Noblr Reciprocal Exchange over State Farm.

However, with both companies, you'll see your rates reduce significantly once you turn 25. For example, average prices for Noblr Reciprocal Exchange policyholders drop almost 80% and State Farm's premiums decrease nearly 60% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable auto insurance rates out there. After all, they've likely been driving for quite some time, which typically decreases their chances of collisions and other infractions that can raise prices.

So, which carrier offers the best premiums to retired drivers? Noblr Reciprocal Exchange gets the edge, with rates for drivers 65 and older $63 less expensive than the national average for State Farm.

Which is the Best Company for Married Drivers?

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

For single policyholders, the difference in average premiums between these two carriers is significant, with Noblr Reciprocal Exchange rates coming in at about half of State Farm's. The advantage is also clear for married policyholders - Noblr Reciprocal Exchange offers the cheapest average prices.

Noblr Reciprocal Exchange or State Farm: Average Rates by Gender

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

Usually, women see premiums around 5% per month less with Noblr Reciprocal Exchange, and about 7% less with State Farm.

Looking at the data for each company specifically, Noblr Reciprocal Exchange offers the most affordable average prices for both men and women, with average rates 51% less for men and 49% cheaper for women.

Noblr Reciprocal Exchange vs. 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.

It's no secret that insurance can be a complicated subject for most people. There are a range of different coverages that account for several different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

The two most common policies end up falling into two different types of coverage -- liability coverage (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) 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, Noblr Reciprocal Exchange 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, Noblr Reciprocal Exchange again has the edge, with policies averaging around $112 a month to State Farm's $216.

Is Noblr Reciprocal Exchange or State Farm 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.

You'll probably end up paying more with accidents and speeding tickets on your record, but which of these two carriers offers the cheapest premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Noblr Reciprocal Exchange for their insurance can usually expect their monthly bill to go up about 18% after getting a speeding ticket. State Farm policyholders can expect a less drastic increase of around 14%.

Even so, Noblr Reciprocal Exchange is normally the less expensive option for both drivers who have clean records and those with a recent ticket, offering rates that are $70 and $77 cheaper, respectively, compared to State Farm.

Which Company is Best for Drivers After an Accident?

Noblr Reciprocal Exchange drivers who get in a collision can expect to see their premiums rise by over $25, while those who have insurance through State Farm will see about a $30 increase.

At the end of the day, drivers who use Noblr Reciprocal Exchange end up with the cheaper prices after an accident, with average prices coming in at $90 compared to State Farm's $163.

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 auto insurance bill -- typically a lot more than an accident or speeding ticket. State Farm drivers usually see a 25% raise in their car insurance premiums after a DUI charge, while Noblr Reciprocal Exchange will generally increase rates by around 23%.

How does Credit Score Impact Noblr Reciprocal Exchange and State Farm Rates?

Often times, your credit score can come into play when companies determine your monthly bill. This isn't true for everyone (for example, California and Michigan are two states that ban the practice entirely), but it does affect a lot of policyholders out there.

Auto insurance carriers argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

So, which carrier offers the best prices for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Noblr Reciprocal Exchange 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 how much insurance companies will charge for coverage. Normally, those who drive fewer miles will end up with less expensive rates 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 Noblr Reciprocal Exchange charges. However, there's a small difference in monthly prices for State Farm, with drivers who put 6,000 miles on their car yearly paying about $13 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Noblr Reciprocal Exchange is the cheaper company.

Noblr Reciprocal Exchange or State Farm: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a big role in how much you pay for auto insurance. Usually, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

Noblr Reciprocal Exchange boasts the cheapest average rates 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 45% with Noblr Reciprocal Exchange compared to State Farm. People who live in suburban areas pay about 57% less with Noblr Reciprocal Exchange compared to State Farm. For drivers in urban ZIP codes, Noblr Reciprocal Exchange's average premiums are around 48% less than State Farm.

Noblr Reciprocal Exchange vs. State Farm Discounts

No matter why you might be in the market for a new car insurance policy, you're always going to want to save as much money as you can. That's where auto insurance discounts comes into play.

But where do you even start? With what seems like a million different discounts out there, it may be challenging to find all the ones you're eligible for.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Noblr Reciprocal Exchange and State Farm so that you can find the one that has the most discounts and, therefore, the largest savings.

State Farm blows Noblr Reciprocal Exchange away when it comes to the sheer amount of discounts available, offering 23 different discounts to Noblr Reciprocal Exchange's eight.

There are a couple discounts both carriers offer, but State Farm also offers discounts for ABS, annual mileage, anti-theft, and more.

On the other hand, Noblr Reciprocal Exchange has a few proprietary discounts of their own for things like advantage technology discounts, continuous insurance discounts, education discounts, and more.

Final Thoughts: Is Noblr Reciprocal Exchange or State Farm Best for You?

So, you've seen how different variables can affect your car insurance prices. 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 Noblr Reciprocal Exchange or State Farm the right company for you and your specific profile and needs?

Noblr Reciprocal Exchange might be best for you if....

• You will be the only person on the insurance policy.
• You already have a great credit score.
• You're of retirement age and want to take advantage of lower premiums.

State Farm might be best for you if...

• You're thinking about moving to another state -- undefined is only available in.
• You want to save extra money with discounts.

Hopefully, this guide helps you get a good idea of the differences between Noblr Reciprocal Exchange and State Farm. We also hope we've given you the information you need to make the best 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 car insurance policy is to compare quotes from a handful of companies, not just Noblr Reciprocal Exchange and State Farm. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best insurance carriers in your area, all for free.

Noblr Reciprocal Exchange vs. State Farm FAQs

Is Noblr Reciprocal Exchange or State Farm cheaper?

Noblr Reciprocal Exchange is the more affordable of the two companies when looking at national average prices, with policies averaging $79 per month with Noblr Reciprocal Exchange and $158 for State Farm. However, that doesn't mean Noblr Reciprocal Exchange will be the lowest carrier for each driver, since there are a variety of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Noblr Reciprocal Exchange or State Farm?

Unfortunately, the only answer we can give you is "it depends.". No single company is necessarily "better" for every policyholder -- it all depends on what your unique auto insurance profile looks like.

Why do Noblr Reciprocal Exchange and State Farm offer me different rates?

Car insurance carriers use many different variables when determining the rates they charge. Factors such as your driving record, age, where you live, gender, and sometimes even things like your credit score can all be taken into consideration. Both Noblr Reciprocal Exchange and State Farm calculate premiums differently, 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 Noblr Reciprocal Exchange or State Farm 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, sites like Compare.com do all the hard work for you. Just enter your area information 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 lowest premium. And maybe you'll find that the best carrier for you isn't Noblr Reciprocal Exchange or State Farm 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.