Secura vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• In general, Secura offers slightly less expensive prices than State Farm
• Secura offers more affordable premiums for policyholders who have a clean driving record, free of accidents, tickets, or DUIs
• State Farm offers more discounts than SECURA Insurance

Secura vs. State Farm: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering sizable discounts. But exactly how much can you save by switching?

You've maybe even narrowed it down to Secura or State Farm, but which carrier will offer you more affordable rates?

Looking at nationwide averages, Secura is about $12 per month cheaper than State Farm.

That being said, that doesn't mean Secura will necessarily be more affordable than State Farm for every driver. Car insurance companies vary their prices depending on things like how old you are, where you live, how good your credit score is, how clean your driving record is, and all sorts of other factors, so premiums could vary drastically from person to person.

Luckily, we've broken down average rates from both Secura and State Farm by a variety of different rate factors, so read on to find out which carrier is the best for you.

Secura or State Farm: Average Car Insurance Rates by State

Secura and State Farm only compete against each other in three states, with State Farm offering less expensive premiums to the average driver in all of them. Michigan has the most noticable difference, where Secura prices are over 70% more affordable than insurance premiums at State Farm.

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

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for insurance than any group out there on the road. It's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of more than $40 less a month by choosing Secura over State Farm.

However, both companies will offer you dramatically lower premiums by the time you turn 25. For example, average prices for Secura policyholders reduce over 55% and State Farm's rates decrease nearly 60% over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best prices to retired drivers? Secura gets the slight edge here, with average rates coming in at around $111 a month compared to State Farm's $111. Even so, that difference is less than 5%, which means it ultimately will come down to other factors, such as your credit score or where you live.

Which is the Best Company for Married Drivers?

Did you know that insurance premiums are usually less expensive for married couples than they are for those who are single? This usually boils down to married drivers having multiple cars on their policy -- something a lot of auto insurance carriers will reward with discounts.

If you're in the market for car insurance, Secura tends to have the most affordable average prices regardless of relationship status, with prices about 7% cheaper for married policyholders and almost 10% more affordable for single drivers.

Secura vs. State Farm: Average Rates by Gender

Men are statistically more likely than women to get speeding tickets and get into accidents, which means they'll generally end up paying more for insurance than women.

Normally, men see premiums around $3 per month higher with Secura, and about $12 more with State Farm.

Looking at the data for each carrier specifically, Secura comes out on top for both men and women, with average prices 10% less for men and 5% cheaper for women.

Secura or 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 auto insurance can be a complicated subject for most people. There are so many different limits and terms that it can make it pretty confusing to find the right policy.

The two most common policies end up falling into two different types of coverage -- liability only (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability coverage).

In this case, Secura offers the lowest average rates for state minimum liability limits, while State Farm has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $30 with SECURA Insurance, while full coverage comes out to be around $6 less expensive with State Farm.

Is Secura or State Farm Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great premiums 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 tickets and at-fault accidents lead to higher rates, but which company -- Secura or State Farm -- has the cheapest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Secura policyholders can expect their rates to go up an average of $35 a month if they get a ticket, while State Farm normally raises premiums about $21 per month, on average.

But Secura tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket. Drivers with a clean record can save around $47 a month and drivers with a ticket can save about $33 per month with SECURA Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault accident with Secura increasing by over $40. State Farm has a less extreme raise, but you can still expect to pay just under $30 more than you were prior to your first collision.

Overall, drivers who use Secura end up with the cheaper prices after an accident, with monthly rates averaging $129 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 -- usually a lot more than a collision or speeding ticket. For example, Secura increases average prices by more than $150 a month -- that's just under a 65% increase.

How does Credit Score Impact Secura and State Farm Rates?

In many cases, your credit score can be used as one of the variables to determine your monthly insurance premiums. This isn't always the case (for example, Massachusetts and Michigan are two states that ban the practice entirely), but it might come into play for lots of policyholders.

Auto insurance companies argue that those with good credit scores are more likely to pay their bills on time each month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

Looking specifically at Secura and State Farm, which one has the best 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 Secura or State Farm Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly insurance payment. Typically, those who drive less will end up with cheaper prices since there's less of a chance of getting into an accident and causing an insurance claim.

Secura tends to be the more affordable option for both drivers who put 6,000 miles on their vehicles every year, as well as those who average twice that figure. Secura's average premiums for drivers with 6,000 annual miles come in around $8 cheaper than State Farm. Those who drive 12,000 miles yearly can expect to pay about $16 less with Secura over State Farm.

Secura vs. State Farm: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a pretty big impact on your monthly car insurance bill. Generally, those who live in urban areas will pay more than policyholders in rural areas because of the number of vehicles that are on the roads in those areas.

Secura boasts the most affordable average premiums in urban and suburban areas, while State Farm wins in rural areas.

In urban areas, SECURA Insurance's average prices are around $24 less than State Farm. Drivers in suburban ZIP codes pay about $24 less with Secura compared to State Farm. If you live in a rural area, you can expect to save around $12 with State Farm compared to Secura.

Secura vs. State Farm Discounts

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

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

Below, we've broken down all of the different discounts offered by both Secura and State Farm so that you can see which carrier can save you the most money each month.

Looking at the total number of discounts, State Farm has the advantage when it comes to total number of discounts. Secura offers a grand total of 19 discounts, while State Farm has 23.

There are a couple discounts both carriers offer, but State Farm also offers ABS discounts, annual mileage discounts, drive safe & save discounts, and more that Secura does not.

On the flip side, Secura has a couple unique discounts of its own -- advance quote discounts, group discounts, hybrid vehicle discounts, and more.

Final Thoughts: Is Secura or State Farm Best for You?

So, you've seen how different factors can affect your insurance premiums. We've broken down the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, is Secura or State Farm the right one for you and your specific driver profile?

Secura might be best for you if....

• You've been pulled over for speeding recently.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

State Farm might be best for you if...

• You're planning on moving to another state soon -- undefined is only available in.
• You have above-average credit.
• You're looking for more protection with "full coverage" auto insurance.

We hope this guide helps you get a better idea of the difference between Secura and State Farm. We also hope we've given you the information you need to make the best decision about your car insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Secura 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 car insurance carriers in your area, all for free.

Secura vs. State Farm FAQs

Is Secura or State Farm cheaper?

Looking just at the national average prices, Secura is the less expensive of the two companies, offering average rates of $146 per month compared to $158 for State Farm. Even so, Secura won't necessarily be the lowest company for each driver, since there are multiple different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Secura or State Farm?

Unfortunately, the real answer is "it depends.". One carrier is not "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Secura and State Farm offer me different rates?

Insurance carriers take a look at quite a few different factors when calculating the rates they charge drivers. Variables 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 Secura and State Farm calculate premiums using different factors, so each one will most likely offer different prices. The only real way to see which company is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Secura or State Farm is right for me?

The only way to find the auto 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 makes it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Secura or State Farm 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.