Southern Farm Bureau vs. Trexis: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for insurance, Southern Farm Bureau offers significantly more affordable prices than Trexis
• Southern Farm Bureau offers more affordable rates for policyholders who have a clean driving record, free of accidents, tickets, or DUIs
• Trexis offers more discounts than Southern Farm Bureau Insurance

Southern Farm Bureau vs. Trexis: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. With so many ads from all sorts of companies offering hefty discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to Southern Farm Bureau or Trexis, but between the two, which carrier has less expensive prices for auto insurance?

Looking at the national average rates for both companies, Southern Farm Bureau has average rates that are about 55% per month cheaper than those from Trexis.

Even so, that doesn't necessarily mean Southern Farm Bureau will be the more affordable option for every single driver. Insurance carriers use a ton of complex algorithms to calculate premiums, so depending on where you live or how good your credit score is (among quite a few other factors), you could see wildly different prices from the ones above.

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

Southern Farm Bureau or Trexis: Average Car Insurance Rates by State

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But there's more to car insurance than just where you call home. As we mentioned above, there's a lot of things that go into how auto insurance companies determine your prices. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for insurance compared to older drivers. That's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use Southern Farm Bureau save more than $300 a month compared to those who use Trexis.

But both carriers will lower premiums by the time you turn 25. Trexis offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Southern Farm Bureau still has the cheapest prices at $99 per month.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the lowest auto insurance premiums you'll ever see. After all, they've likely been driving for quite some time, which typically reduces their chances of collisions and other infractions that can increase rates.

When looking at Southern Farm Bureau and Trexis specifically, which company is best for retired drivers? Southern Farm Bureau gets the edge, with premiums for drivers 65 and older over 55% less expensive than the national average for Trexis.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are usually cheaper for married policyholders than they are for single policyholders? That's because policies for married drivers generally cover more than one car, which several companies will offer you a discount for.

When it comes to relationship status, Southern Farm Bureau is the clear winner for those who are single, with rates around $143 per month less expensive than Trexis, on average. The advantage is also clear for married couples - Southern Farm Bureau offers the most affordable average premiums.

Southern Farm Bureau vs. Trexis: Average Rates by Gender

Because men are more likely to get into accidents and get speeding tickets, they have an increased chance of filing a claim with insurance. Therefore, men tend to pay more for car insurance than women.

With Southern Farm Bureau, women typically pay about $6 a month less than men, and around $20 cheaper with Trexis when compared to their male counterparts.

Looking at the data for each carrier specifically, Southern Farm Bureau comes out as the cheapest option for both genders. On average, women save about $110 per month and men save about $124 with Southern Farm Bureau compared to the average Trexis policyholder.

Southern Farm Bureau or Trexis: 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, auto insurance can be pretty complicated. Everyone needs insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

However, most policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to liability).

If you're looking for state minimum limits for liability insurance, Southern Farm Bureau usually offers significantly more affordable prices of $54 compared to Trexis's $108. When it comes to full coverage policies with similar limits, Southern Farm Bureau again has the edge, with policies around $200 a month cheaper than Trexis, on average.

Is Southern Farm Bureau or Trexis Better for Drivers with Spotty Records?

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

It's no secret secret that accidents and tickets lead to higher rates, but which company -- Southern Farm Bureau or Trexis -- has the most affordable premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Southern Farm Bureau policyholders can expect their prices to go up an average of $8 per month if they get a ticket, while Trexis normally raises rates about $43 a month, on average.

But Southern Farm Bureau has less expensive prices for drivers in both categories. Drivers with a clean record can save around $93 per month and drivers with a speeding ticket can save about $128 a month with Southern Farm Bureau Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Southern Farm Bureau can expect to see around an $27 -- or about 23% -- increase in their auto insurance premiums. Drivers who use Trexis for their car insurance will see a monthly bill around $65 (or 26%) more expensive after reporting a collision to their insurance carrier.

Overall, the more affordable rates come from Southern Farm Bureau, with monthly prices averaging $116 compared to Trexis Insurance's $247.

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. For example, Trexis increases average premiums by just under $45 per month -- that's just under a 20% increase.

If you have a DUI on your record and are looking for more affordable rates, Southern Farm Bureau tends to be the much cheaper option with average prices of $108 a month compared to $226 from Trexis.

How does Credit Score Impact Southern Farm Bureau and Trexis Rates?

In many cases, your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it will come into play for lots of drivers.

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

Looking specifically at Southern Farm Bureau and Trexis, which company has the best rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Southern Farm Bureau or Trexis 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 your monthly premiums. That's because the more miles you drive, the more likely you are to get into a collision and cause an insurance claim.

In this case, neither Southern Farm Bureau or Trexis report increasing prices for drivers with higher annual mileage figures. Still, Southern Farm Bureau comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle annually, with average rates of $103 a month for both.

Southern Farm Bureau vs. Trexis: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a considerable impact as well. Usually, those who live in urban areas will pay more than drivers in rural areas because there are a lot more cars on the roads in those areas.

Southern Farm Bureau tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the lowest prices from both carriers, but Southern Farm Bureau comes out on top with average rates about $83 monthly. Southern Farm Bureau also has less expensive average prices for drivers in urban and suburban ZIP codes -- a 59% and 48% per month respective difference when compared to Trexis policyholders in similar areas.

Southern Farm Bureau vs. Trexis Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many 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 can take advantage of or to nail down the carrier that has the most discounts for your unique driver profile.

In the section below, we've taken a look at all of the different discounts Southern Farm Bureau and Trexis offer their customers so that you can see which one can save you the most money each month.

Trexis knocks Southern Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 12 more discounts than Southern Farm Bureau.

Both companies offer several of the same discounts -- like discounts for being a defensive driver, discounts for being a good student, and multi-policy discounts -- but Trexis also offers advance quote discounts, agency transfer discounts, education discounts, and more that Southern Farm Bureau does not.

Southern Farm Bureau's discounts come through just a few categories, including Defensive Driver, Driver Training, Good Student, and more.

Final Thoughts: Is Southern Farm Bureau or Trexis Best for You?

So, you've seen how different variables can affect your car insurance premiums. We've shown you all the discounts each company offers, too. That's all well and good, but at the end of the day, which carrier is the right fit for you?

Southern Farm Bureau might be best for you if....

• You have a clean driving record, free of collisions, tickets, or DUIs.
• Your home is located in the suburbs.
• You and your spouse are buying auto insurance together.

Trexis might be best for you if...

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

We hope this guide helps you get a good idea of the differences between Southern Farm Bureau and Trexis. We also hope we've given you the information you need to make the best decision about your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from a handful of carriers, not just Southern Farm Bureau and Trexis. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Southern Farm Bureau vs. Trexis FAQs

Is Southern Farm Bureau or Trexis cheaper?

Looking just at the national average prices, Southern Farm Bureau is the cheaper of the two carriers, offering average rates of $103 a month compared to $220 for Trexis. However, Southern Farm Bureau won't necessarily be the cheapest company for every policyholder, since there are a variety of different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Southern Farm Bureau or Trexis?

Sadly, the only answer we can give you is "it depends.". No single carrier is necessarily "better" for everyone -- it all depends on what your unique car insurance profile looks like.

Why do Southern Farm Bureau and Trexis offer me different rates?

Auto insurance companies take a look at many different variables when calculating the rates they charge drivers. Things such as where you park your vehicle, gender, where you live, age, and sometimes even things like your credit score can all come into play. Both Southern Farm Bureau and Trexis calculate premiums using different factors, so each one will most likely offer different rates. The only real way to see which company is the most affordable for you is by comparing personalized quotes from many different carriers.

How do I know if Southern Farm Bureau or Trexis is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the best rate. And who knows, the best company for you might not be Southern Farm Bureau or Trexis 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.