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

Quick Facts

• In general, State Farm offers significantly more affordable prices than Utica National
• State Farm offers cheaper average rates for single people who will be the only person on the insurance policy
• Utica National has less expensive premiums in NY

State Farm or Utica National: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. You've probably seen commercials and billboards from companies offering hefty savings, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to State Farm or Utica National as your top options, but which company has more affordable prices for car insurance?

Looking at the national average rates for both carriers, State Farm is quite a bit cheaper than Utica National, with premiums averaging $158 a month compared to $394 with Utica National.

That being said, that doesn't mean State Farm will necessarily be less expensive than Utica National for every single driver. Insurance companies vary their rates depending on things like how clean your driving record is, how old you are, how good your credit score is, where you live, and tons of other factors, so prices could change drastically from person to person.

Luckily, we've broken down average premiums from both State Farm and Utica National by lots of different rate factors, so read on to find out which company is the best for you.

State Farm vs. Utica National: Average Car Insurance Rates by State

State Farm and Utica National only compete against each other in New York, where State Farm offers the cheaper average prices. State Farm drivers tend to pay about $1 per month less on average compared to drivers who use Utica National for their auto insurance.

That being said, there's a lot more that goes into your car insurance payment than just your home state. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group out there on the road. It's because teen 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 prices, teen drivers can still find ways to save money. As you can see above, teens who use State Farm save almost 50% a month compared to those who use Utica National. It's worth noting that State Farm offers auto insurance in 51 different states compared to Utica National's one, which can skew the average rates a bit, but the difference here is still considerable.

But with both carriers, you'll see your premiums reduce significantly by the time you turn 25. For example, average rates for State Farm policyholders lower nearly 60% and Utica National's prices decrease over 45% over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable premiums out there.

When looking at State Farm and Utica National specifically, which carrier is best for retired drivers? State Farm gets the edge here, with average prices coming in at around $111 monthly compared to Utica National's $312.

Which is the Best Company for Married Drivers?

Did you know that auto insurance premiums are typically cheaper for married policyholders than they are for single policyholders? This usually boils down to married couples having multiple vehicles on their policy -- something several insurance companies will reward with discounts.

For those who are single, the difference in average rates between these two carriers is significant, with State Farm prices coming in at about half of Utica National's. The advantage for married drivers with State Farm is also obvious, where drivers save almost 65% per month.

State Farm or Utica National: Average Rates by Gender

Because women are less likely to get speeding tickets and get into collisions, they have a decreased chance of filing a claim with insurance. So, women tend to pay less for car insurance than men.

With State Farm, women usually pay around $10 a month less than men, and about $30 less with Utica National.

Looking at overall affordability, State Farm comes out on top for both men and women, with average rates 60% less for men and 60% cheaper for women.

State Farm vs. Utica National: 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 pretty complicated. Everyone needs insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

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

Looking specifically at state minimum liability insurance, State Farm has the significant edge, with average monthly premiums coming in at $99. If you want a full coverage policy with the same state minimum limits, State Farm again has the edge, with policies averaging around $216 per month to Utica National's $592.

Is State Farm or Utica National Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

You'll probably end up paying more with speeding tickets and collisions on your record, but which of these two companies offers the cheapest rates to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use State Farm for their car insurance can generally expect their monthly bill to go up about 14% after getting a speeding ticket. Utica National policyholders can expect a bit more drastic of an increase of around 16%.

Even so, State Farm tends to offer the best prices for both drivers who have a recent ticket and those with clean records. With State Farm, drivers with a clean record can save about $170 a month and drivers with a speeding ticket can save around $207 per month.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through State Farm can expect to see about an $29 -- or around 18% -- rise in their auto insurance premiums. Drivers who use Utica National for their insurance will see a monthly bill about $58 (or 16%) more expensive after reporting an accident to their car insurance company.

At the end of the day, drivers who use State Farm end up with the cheaper prices after an accident, with average prices coming in at $163 compared to Utica National's $362.

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 insurance bill -- normally a lot more than a collision or ticket. Utica National drivers usually see a 45% climb in their car insurance rates after a DUI charge, while State Farm will usually increase prices by around 25%.

State Farm has the overall lowest premiums for drivers with a DUI on their records at $179 per month, but it's worth noting that State Farm's average rates come from 51 states compared to just one for Utica National, so the data may be skewed slightly.

How does Credit Score Impact State Farm and Utica National Rates?

Did you know many auto insurance carriers take into account your credit score when determining rates? Certain states and companies do not allow for credit score to be used as a car insurance factor, but it does affect lots of drivers out there.

Car insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which lowers the risk involved on their end, while the opposite is true for those with bad credit.

Looking at State Farm and Utica National specifically, which one has the best prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, State Farm will generally reward you the most. For drivers with "excellent" credit scores, State Farm comes in nearly 79.7 less expensive. Drivers with "good" credit scores typically save about 73% with State Farm compared to average premiums from Utica National.

Which Company is Best for Drivers with Bad Credit?

State Farm typically offers lower rates than Utica National when it comes to drivers with bad credit. Drivers with "fair" credit pay around 62% a month less with State Farm compared to Utica National, and those with "poor" scores normally save an average of about 24% a month.

Is State Farm or Utica National Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly insurance bill. That's because the fewer miles you drive, the less likely you are to be in an accident and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Utica National charges. However, there's a small difference in monthly premiums for State Farm, with drivers who put 6,000 miles on their vehicle yearly paying around $13 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, State Farm is the cheaper carrier.

State Farm or Utica National: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a substantial impact on your monthly auto insurance cost. Usually, those who live in urban areas will pay more than policyholders in rural areas because of the number of cars that are on the roads where they live.

When comparing these two companies side-by-side, State Farm typically comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about $206 with State Farm compared to Utica National. People who live in suburban areas pay around $155 less with State Farm compared to Utica National. For drivers in urban ZIP codes, State Farm's average prices are about $348 less than Utica National.

State Farm vs. Utica National Discounts

No matter why you might be in the market for a new 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.

The hard part is finding all of the discounts you can take advantage of, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and looked at all of the different discounts State Farm and Utica National offer their customers so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, State Farm comes out ahead with 23 discounts to Utica National's 18.

There are a couple discounts both carriers offer, but State Farm also offers discounts for annual mileage, distant student, drive safe & save, and more.

On the other hand, Utica National has a few proprietary discounts of their own for things like EFT discounts, ESC discounts, greenhouse gas discounts, and more.

Final Thoughts: Is State Farm or Utica National Best for You?

You've seen the effect certain factors have on your car insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is State Farm or Utica National the right carrier for you and your specific driver profile?

State Farm might be best for you if....

• You have a clean driving record, free of accidents, tickets, or DUIs.
• You have below-average credit.
• You're of retirement age and want to take advantage of lower rates.

Utica National might be best for you if...

• You're looking for the best rates in NY.

Hopefully, this guide has ben a valuable resource as you compare State Farm and Utica National and that it aids in making a more informed 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 State Farm and Utica National. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance companies in your area, all in just a few minutes.

State Farm vs. Utica National FAQs

Is State Farm or Utica National cheaper?

State Farm is the more affordable of the two carriers when looking at national average premiums, with policies averaging $158 per month with State Farm and $394 for Utica National. However, that doesn't mean State Farm will be the most affordable carrier for every driver, since there are several different variables that come into play when it comes to your car insurance payment.

Who is better, State Farm or Utica National?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for everyone -- it all boils down to your unique auto insurance profile.

Why do State Farm and Utica National offer me different rates?

Insurance companies use quite a few different factors when calculating the prices they charge. Things such as gender, age, where you live, your driving record, and sometimes even things like your credit score can all come into play. Both State Farm and Utica National calculate premiums differently, so it's likely they'll offer different rates. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from multiple different carriers.

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

The only way to find the car insurance company that's right for you is by getting quotes from several 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 quotes from dozens of your local top insurance carriers for free. With those, you can guarantee you're getting the most affordable rate. And maybe you'll find that the best carrier for you isn't State Farm or Utica National 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.