Plymouth Rock Assurance vs. Preferred Mutual: Which Company is the Best Fit for You?

Quick Facts

• In general, Plymouth Rock Assurance offers significantly less expensive prices than Preferred Mutual
• Plymouth Rock Assurance offers more affordable premiums for drivers who have received a ticket within the last few years
• Plymouth Rock Assurance offers more affordable average rates for drivers who have less-than-stellar credit

Plymouth Rock Assurance vs. Preferred Mutual: Which Company has the Cheapest Car Insurance?

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

You've maybe even narrowed your search down to Plymouth Rock Assurance or Preferred Mutual for your next policy, but between the two, which one has cheaper prices for auto insurance?

Looking at the national average rates for both companies, Plymouth Rock Assurance has average rates that are about 50% per month less expensive than those from Preferred Mutual.

But Plymouth Rock Assurance may not be the most affordable or best option for every driver out there. Car insurance carriers vary their premiums depending on things like where you live, how good your credit score is, how old you are, how clean your driving record is, and a variety of other factors, so prices could change drastically from person to person.

Wanting to know if Plymouth Rock Assurance or Preferred Mutual is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Plymouth Rock Assurance or Preferred Mutual: Average Car Insurance Rates by State

Plymouth Rock Assurance and Preferred Mutual only compete against each other in one states, with Plymouth Rock Assurance offering cheaper rates to the average driver in all of them. Massachusetts has the most noticable difference, where Plymouth Rock Assurance premiums are over 40% more affordable than insurance prices at Preferred Mutual.

That being said, there are plenty of other factors that go into your auto insurance cost than just where you live. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for car insurance compared to older drivers. It's because young, inexperienced 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 that teen drivers have to just accept sky-high insurance rates. As you can see above, teens who use Plymouth Rock Assurance save more than $250 a month compared to those who use Preferred Mutual.

That being said, both companies will offer you dramatically lower prices once you turn 25. For example, average premiums for Plymouth Rock Assurance policyholders drop over $500 and Preferred Mutual's rates lower around $500 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the cheapest auto insurance prices you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for car insurance.

So, which company offers the best rates to retired drivers? Plymouth Rock Assurance gets the edge, with prices for drivers 65 and older nearly 60% cheaper than the national average for Preferred Mutual.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more expensive for single drivers than they are for married policyholders. That's because policies for married couples typically cover multiple cars, which lots of carriers will offer you a discount for.

When it comes to relationship status, Plymouth Rock Assurance is the clear winner for single policyholders, with premiums about $268 per month less expensive than Preferred Mutual, on average. For married drivers, the advantage is clear again - Plymouth Rock Assurance has the edge when it comes to average rates.

Plymouth Rock Assurance vs. Preferred Mutual: Average Rates by Gender

Because men are more likely to get into accidents and get speeding tickets, they raise the chances of filing a claim with insurance. Therefore, men tend to pay more for auto insurance than women.

On average, women see prices almost 10% a month less with Plymouth Rock Assurance, while with Preferred Mutual, the difference is closer to 3% per month.

Looking at overall affordability, Plymouth Rock Assurance comes out as the lowest option for both genders, with average premiums $263 less for men and $274 cheaper for women.

Plymouth Rock Assurance or Preferred Mutual: 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 isn't the easiest topic to understand. There are so many different coverages and limits that it can make it pretty confusing to find the right policy.

However, most policies end up falling into two different types of coverage -- liability only (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause an accident) and full coverage (which usually refers to having comprehensive and collision coverages in addition to liability).

If you're looking for state minimum limits for liability insurance, Plymouth Rock Assurance generally offers significantly more affordable rates of $165 compared to Preferred Mutual's $234. When it comes to full coverage policies with similar limits, Plymouth Rock Assurance again has the edge, with policies around $450 a month cheaper than Preferred Mutual, on average.

Is Plymouth Rock Assurance or Preferred Mutual Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and accidents will most likely raise your prices, but is Plymouth Rock Assurance or Preferred Mutual less expensive for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Plymouth Rock Assurance policyholders can expect their premiums to go up an average of $120 per month if they get a ticket, while Preferred Mutual usually raises rates about $3 a month, on average.

But Plymouth Rock Assurance is normally the more affordable option for both drivers who have a recent speeding ticket and those with clean records, offering prices that are 47% and 16% cheaper, respectively, compared to Preferred Mutual.

Which Company is Best for Drivers After an Accident?

Plymouth Rock Assurance drivers who get in a collision can expect to see their premiums rise by just under $55, while those who have insurance through Preferred Mutual will see around a $95 increase.

Overall, Plymouth Rock Assurance offers the cheapest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $262 compared to Preferred Mutual's $486.

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. Preferred Mutual drivers usually see a 57% climb in their car insurance rates after a DUI charge, while Plymouth Rock Assurance will typically increase premiums by about 30%.

If you have a DUI on your record and are looking for more affordable rates, Plymouth Rock Assurance tends to be the much less expensive option with average prices of $296 monthly compared to $902 from Preferred Mutual.

How does Credit Score Impact Plymouth Rock Assurance and Preferred Mutual Rates?

Did you know that many auto insurance companies take your credit score into account when calculating rates? Certain states and carriers do not allow for credit score to be used as a rating factor, but it will come into play for several policyholders.

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

Looking specifically at Plymouth Rock Assurance and Preferred Mutual, which carrier has the most affordable premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Plymouth Rock Assurance. Drivers with "excellent" credit can save over 50% compared to Preferred Mutual, and those with "good" scores can also expect to see savings -- around $300 or 53% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

Plymouth Rock Assurance typically offers lower rates than Preferred Mutual when it comes to drivers with bad credit. Drivers with "fair" credit pay about $342 per month less with Plymouth Rock Assurance compared to Preferred Mutual, and those with "poor" scores typically save an average of around $390 a month.

Is Plymouth Rock Assurance or Preferred Mutual 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 substantial impact on your monthly insurance payment? That's because the more miles you put on your vehicle each year, the more 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 Plymouth Rock Assurance charges. However, there's a small difference in monthly prices for Preferred Mutual, with policyholders who drive the least paying about $2 less every month compared to those who drive 12,000 miles annually. Still, Plymouth Rock Assurance is the less expensive option for drivers in both categories.

Plymouth Rock Assurance vs. Preferred Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a considerable impact on your monthly car insurance bill. Usually, those who live in rural areas will pay less than policyholders in urban areas because there are a lot fewer vehicles on the road in those areas, which lowers the chances of an accident.

Plymouth Rock Assurance tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Plymouth Rock Assurance offers rates around $355 per month compared to Preferred Mutual's $902. People who live in suburban ZIP codes can expect to pay about $283 a month for Plymouth Rock Assurance and $472 for Preferred Mutual. Lastly, those in rural areas tend to get the most affordable premiums from both carriers, with average monthly prices coming in at $183 and $253 for Plymouth Rock Assurance and Preferred Mutual respectively.

Plymouth Rock Assurance vs. Preferred Mutual Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of as many auto insurance discounts as you can.

But with what seems like a million different discounts out there, it can be challenging to find all the ones you're eligible for or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've compared all of the different discounts offered by Plymouth Rock Assurance and Preferred Mutual so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Overall, Plymouth Rock Assurance has a slight advantage when it comes to total number of discounts. Preferred Mutual offers a grand total of 14 discounts, while Plymouth Rock Assurance has 16.

There are a couple discounts both companies offer, but Plymouth Rock Assurance also offers advance quote discounts, agency transfer discounts, distant student discounts, and more that Preferred Mutual does not.

On the flip side, Preferred Mutual has a couple unique discounts of its own -- ABS discounts, annual mileage discounts, DRL discounts, and more.

Final Thoughts: Is Plymouth Rock Assurance or Preferred Mutual Best for You?

So, we've broken down the average rates for many of the variables car insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but when it comes down to it, is Plymouth Rock Assurance or Preferred Mutual the right company for you and your specific profile and needs?

Plymouth Rock Assurance might be best for you if....

• You have a clean record.
• You want basic insurance coverage at the state minimum limits.
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

Preferred Mutual might be best for you if...

• You have a more unique driver profile than those we mentioned above.

We hope this guide helps you get a good idea of the differences between Plymouth Rock Assurance and Preferred Mutual and that you can now make a more informed decision when it comes to your insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from multiple companies, not just Plymouth Rock Assurance and Preferred Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top car insurance carriers in your area, all in just a few minutes.

Plymouth Rock Assurance vs. Preferred Mutual FAQs

Is Plymouth Rock Assurance or Preferred Mutual cheaper?

Looking just at the national average prices, Plymouth Rock Assurance is the more affordable of the two companies, offering average rates of $274 per month compared to $542 for Preferred Mutual. Even so, Plymouth Rock Assurance won't necessarily be the lowest company for each policyholder, since there are lots of different factors that are considered when it comes to your auto insurance payment.

Who is better, Plymouth Rock Assurance or Preferred Mutual?

Sadly, the real answer is "it depends.". Neither carrier is "better" for every driver -- it all comes down to what your unique insurance profile looks like.

Why do Plymouth Rock Assurance and Preferred Mutual offer me different rates?

Car insurance carriers take a look at quite a few different variables when determining the premiums they charge policyholders. Things like your driving record, gender, where you live, age, and sometimes even things like your credit score can all come into play. Both Plymouth Rock Assurance and Preferred Mutual calculate rates using different formulas, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Plymouth Rock Assurance or Preferred Mutual is right for me?

The only way to find the insurance carrier 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, Compare.com does all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best auto insurance companies in your area. That way, you can guarantee you're getting the most affordable premium. And who knows, the best company for you might not be Plymouth Rock Assurance or Preferred Mutual 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.