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

Quick Facts

• Looking at the national averages for auto insurance, North Carolina Farm Bureau offers significantly more affordable premiums than Progressive
• North Carolina Farm Bureau tends to be a much less expensive option for drivers who have received a ticket within the last few years
• Progressive offers cheaper average rates for drivers with a DUI charge on their record

North Carolina Farm Bureau vs. Progressive: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You might have narrowed it down to North Carolina Farm Bureau or Progressive as potential options, but between the two, which carrier has more affordable prices for insurance?

Looking at nationwide averages, North Carolina Farm Bureau has average rates that are about 30% per month cheaper than those from Progressive.

However, that doesn't necessarily mean North Carolina Farm Bureau will be the less expensive option for every driver. Auto insurance companies use a variety of complex algorithms to calculate rates, so depending on how good your credit score is or how clean your driving record is (among a variety of other factors), you could see wildly different premiums from the ones above.

Wanting to know if North Carolina Farm Bureau or Progressive is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

North Carolina Farm Bureau or Progressive: Average Car Insurance Rates by State

North Carolina Farm Bureau and Progressive only compete against each other in North Carolina, where North Carolina Farm Bureau offers the cheaper average premiums. For North Carolina residents, undefined offers insurance for undefined a month on average. undefined's average prices come out to be more expensive, at undefined per month.

But there's more to calculating car insurance premiums than just where you call home. Keep reading to find out 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. That's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. Just look at the table above -- where 18-year-old drivers who have North Carolina Farm Bureau for their car insurance pay more than $250 less than those who use Progressive.

But with both carriers, you'll see your rates reduce significantly by the time you turn 25. For example, average premiums for North Carolina Farm Bureau policyholders drop nearly 35% and Progressive's rates lower almost 70% over that time.

Which is the Best Company for Retired Drivers?

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

When looking at North Carolina Farm Bureau and Progressive specifically, which carrier is best for retired drivers? North Carolina Farm Bureau gets the slight edge, with premiums for drivers 65 and older $11 cheaper than the national average for Progressive.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be more expensive for those who are single than they are for married policyholders. This usually boils down to married drivers having several cars on their policy -- something quite a few auto insurance companies will reward with discounts.

When it comes to relationship status, North Carolina Farm Bureau is the clear winner for single drivers, with rates around $84 a month more affordable than Progressive, on average. It's not quite so glaring for married couples, where drivers who use North Carolina Farm Bureau save about $6 per month.

North Carolina Farm Bureau vs. Progressive: Average Rates by Gender

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

Everyone gets the same monthly prices regardless of gender with North Carolina Farm Bureau, and around 3% more with Progressive.

Looking at overall affordability, North Carolina Farm Bureau comes out on top for both men and women. On average, male drivers save about $53 a month and women save about $48 with North Carolina Farm Bureau compared to the average Progressive policyholder.

North Carolina Farm Bureau or 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.

Auto insurance isn't the easiest topic to understand. There are so many different terms and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers and passengers if you cause an accident) and full coverage (which usually refers to having comprehensive and collision coverages alongside what you get with a liability policy).

If you're looking for state minimum liability limits, North Carolina Farm Bureau normally offers significantly less expensive premiums of $78 compared to Progressive's $111. When it comes to full coverage policies with similar limits, North Carolina Farm Bureau again has the edge, with policies around $70 per month cheaper than Progressive, on average.

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

You've probably seen plenty of commercials from insurance carriers 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 at-fault accidents and tickets lead to higher prices, but which company -- North Carolina Farm Bureau or Progressive -- has the lowest premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

North Carolina Farm Bureau policyholders can expect their rates to go up an average of $29 a month if they get a ticket, while Progressive generally raises prices about $31 per month, on average.

Even so, North Carolina Farm Bureau tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket -- their rates are around 52% more affordable for drivers with clean records and 44% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through North Carolina Farm Bureau can expect to see around an $29 -- or about 29% -- increase in their insurance rates. Drivers who use Progressive for their car insurance will see a monthly bill around $65 (or 30%) more expensive after reporting a collision to their auto insurance carrier.

Overall, the more affordable premiums come from North Carolina Farm Bureau, with monthly prices averaging $100 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or ticket when it comes to your car insurance bill. North Carolina Farm Bureau drivers usually see a 72% climb in their insurance premiums after a DUI charge, while Progressive will usually raise prices by about 16%.

How does Credit Score Impact North Carolina Farm Bureau and Progressive 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, California and Hawaii are two states that ban the practice entirely), but it does affect a lot of drivers out there.

The reasoning car insurance carriers use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will typically be forced to pay more.

Looking specifically at Progressive and North Carolina Farm Bureau, which one has the cheapest prices 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 North Carolina Farm Bureau or Progressive Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on how much auto insurance companies will charge for coverage. Normally, those who drive less will end up with cheaper premiums since there's less of a chance of getting into an accident and causing an insurance claim.

In this case, neither North Carolina Farm Bureau or Progressive report increasing rates for drivers with higher annual mileage figures. That being said, North Carolina Farm Bureau comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle each year, with average prices of $130 a month for both.

North Carolina Farm Bureau vs. Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

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

North Carolina Farm Bureau boasts the most affordable average rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

If you live in a rural area, you can expect to save around 18% with North Carolina Farm Bureau compared to Progressive. Drivers in suburban ZIP codes pay about 20% less with North Carolina Farm Bureau compared to Progressive. In urban areas, North Carolina Farm Bureau's average premiums are around 42% less than Progressive.

North Carolina Farm Bureau vs. Progressive Discounts

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

But with what seems like a million different discounts out there, it can be difficult to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

In the table below, we've broken down all of the different discounts offered by both North Carolina Farm Bureau and Progressive so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Progressive blows North Carolina Farm Bureau away when it comes to the sheer amount of discounts available, offering 31 more discounts than North Carolina Farm Bureau.

Both carriers offer many of the same discounts -- like paid in full discounts and passive restraint discounts -- but Progressive also offers ABS discounts, advance quote discounts, advanced safety feature discounts, and more that North Carolina Farm Bureau does not.

On the flip side, North Carolina Farm Bureau has a unique discount of its own -- a protection plus discounts.

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

So, we've broken down the average rates for many of the factors auto insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which insurance company is the best fit for you?

North Carolina Farm Bureau might be best for you if....

• You have less-than-stellar credit.
• You're looking for more protection with "full coverage" insurance.
• You live in a rural area.

Progressive might be best for you if...

• You already have plans to move to another state -- undefined is only available in.
• You have a DUI charge on your record.
• You want to save extra money with discounts.

We hope this guide helps you get a better idea of the difference between North Carolina Farm Bureau and Progressive. 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 multiple carriers, not just North Carolina Farm Bureau and Progressive. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP code below and get free quotes from dozens of the top insurance companies in your area, all in just a few minutes.

North Carolina Farm Bureau vs. Progressive FAQs

Is North Carolina Farm Bureau or Progressive cheaper?

Looking just at the national average premiums, North Carolina Farm Bureau is the less expensive of the two carriers, offering average rates of $130 per month compared to $180 for Progressive. That being said, North Carolina Farm Bureau won't necessarily be the lowest carrier for everyone, since there are multiple different variables that come into play when it comes to your auto insurance payment.

Who is better, North Carolina Farm Bureau or Progressive?

Unfortunately, the real answer is "it depends.". Neither company is necessarily "better" for everyone -- it all depends on what your unique car insurance profile looks like. For example, Progressive offers more affordable prices for drivers with a recent DUI, while North Carolina Farm Bureau is cheaper for drivers with excellent credit.

Why do North Carolina Farm Bureau and Progressive offer me different rates?

Insurance companies take a look at lots of different factors when calculating the premiums they charge policyholders. Variables like age, gender, where you park your vehicle, your driving record, and sometimes even things like your credit score can all come into play. Both North Carolina Farm Bureau and Progressive calculate prices using different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a variety of different carriers.

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

The only way to find the car 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, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the cheapest premium. And who knows, the best carrier for you might not be North Carolina Farm Bureau or Progressive 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.