Country Financial Insurance Review
Country Financial offers home and auto insurance in 19 states. Its car insurance rates are lower than national averages, but its home insurance rates are slightly higher.
The company offers basic car insurance coverages, but not extras like gap insurance or original equipment coverage. Country Financial allows you to scale back on homeowners insurance coverage to save money.
Pros
Charges 19% less than national average for car insurance
Excellent complaint ratings
Wide range of discounts
Personalized service from exclusive agents
Offers many other insurance and financial products
Cons
Only available in 19 states
Home insurance rates are 3% higher than national average
No gap insurance or original equipment coverage
Standard home insurance offers less protection than other companies
Is Country Financial a good company?
Country Financial is a good company for home and auto insurance. Its car insurance rates are lower than national averages. Its favorable reviews include excellent complaint ratings from the National Association of Insurance Commissioners (NAIC).
Even though Country Financial is only available in 19 states, it holds its own against bigger companies. For example, it has a better AM Best rating than some of its larger competitors.
Country Financial ratings at a glance
| Rating | Country Financial’s score | Industry average |
|---|---|---|
| Overall auto satisfaction (North Central U.S.) | 828 | 825 |
| Auto claims satisfaction | 894 | 878 |
| Auto complaint rating (lower is better) | 0.25 | 1.0 |
| Overall home satisfaction | 819 | 819 |
| Home complaint rating (lower is better) | 0.1 | 1.0 |
| Financial strength | A+ from AM Best | Second highest rating |
Sources: J.D. Power, NAIC, AM Best
How much is Country Financial car insurance?
Country Financial charges an average of $623 a year for liability auto insurance, or $52 a month. This is 19% less than the national average of $772 a year.
Country Financial’s rates for full-coverage car insurance average $1,600 a year, or $133 a month. This is 19% less than the national average of $1,970 a year.
Auto insurance rates by company
| Company | Annual rate liability | Annual rate full coverage |
|---|---|---|
| Erie | $497 | $1,270 |
| Auto-Owners | $516 | $1,690 |
| State Farm | $597 | $1,487 |
| Country Financial | $623 | $1,600 |
| Geico | $727 | $1,937 |
| American Family | $728 | $1,920 |
| Progressive | $791 | $2,032 |
| Travelers | $835 | $1,919 |
| Nationwide | $963 | $2,226 |
| Allstate | $1,158 | $2,609 |
Country Financial auto insurance costs by driving record
Country Financial auto insurance rates for customers with a bad driving record are also cheaper than national averages.
For example, it charges drivers with a speeding ticket an average of $2,114 a year for full coverage, or $176 a month. This is 13% less than the national average annual rate.
Country Financial’s annual rates for drivers with a prior at-fault accident are 20% less than the national average. Its annual rates for drivers with a DUI (driving under the influence) are 32% less.
Car insurance rates with a prior incident
| Driving record | Country Financial annual rate | U.S. average annual rate |
|---|---|---|
| Clean record | $1,600 | $1,970 |
| Speeding ticket | $2,114 | $2,427 |
| At-fault accident | $2,336 | $2,930 |
| DUI | $2,459 | $3,626 |
Country Financial car insurance costs for teens
Country Financial charges teen drivers an average of $1,401 a year, or $117 a month for liability car insurance. This is 42% less than the national average annual rate.
Country Financial’s full-coverage rates for teens works out to $186 a month, or $2,226 a year. This is 62% less than the national average annual rate.
Car insurance rates for teen drivers
| Company | Liability annual rate | Full-coverage annual rate |
|---|---|---|
| Country Financial | $1,401 | $2,226 |
| U.S. average | $2,433 | $5,824 |
Auto insurance discounts from Country Financial
Country Financial offers many of the normal auto insurance discounts everyone offers, plus a few unique ways to save.
The unique options include:
- Legacy discount: You can get your parents’ multipolicy and multivehicle discounts, if they already have them. You have to be 25 and single to qualify.
- College graduate discount: Drivers under 25 with a college degree get a discount.
- Engaged couple discount: You can get another car insurance discount if you’re getting married within the next year.
- Occupational discount: Available to teachers and first responders.
Like other companies, Country Financial gives you a discount for getting multiple products from them. With Country Financial, your choices for bundling include home, life or disability insurance. You can also get the discount if you have an account with its Country Trust Bank.
Teens can get a discount of up to 35% by maintaining a B average or better in school.
Country Financial offers another enticing discount with DriverIQ. This safe-driver program uses a smartphone app to monitor your driving. You get a 10% discount just for signing up. If you drive safely enough, you can save up to 25% on renewals.
Car insurance discount comparison
| Discount | Country Financial | State Farm | Allstate | Progressive | GEICO | Liberty Mutual |
|---|---|---|---|---|---|---|
| Bundling | Yes | Yes | Yes | Yes | Yes | Yes |
| Legacy | Yes | No | No | No | No | No |
| Good student | Yes | Yes | Yes | Yes | Yes | Yes |
| Engaged Couple | Yes | No | No | No | No | No |
| Occupation | Yes | No | No | No | Yes | No |
| Safe-driving app | Yes | Yes | Yes | Yes | Yes | Yes |
| Military | No | No | No | No | Yes | Yes |
Country Financial car insurance coverage
Country Financial offers most of the standard coverages everyone offers but not very many extras.
The basics include:
- Liability: Covers injuries and damage you cause to others.
- Collision: Damage to your own vehicle in a collision.
- Comprehensive: Covers your vehicle for damage from non-collision causes, like fire, flood and vandalism. It also covers theft of your vehicle.
- Uninsured and underinsured motorist: Covers injuries to you and your passengers from a driver without insurance, or not enough insurance.
- Personal injury protection or medical payments: Injuries to you and your passenger, regardless of fault.
Country Financial does not offer gap insurance or SR-22 filings. It also doesn’t offer to replace damaged parts or systems with original equipment.
Country Financial does offer a few extra coverages you may find handy. These include:
- The Keeper: Replaces your car if you total it in an accident, with no deduction for depreciation. This is similar to accident forgiveness. Restrictions apply.
- Personal effects coverage: Covers personal items stolen from your vehicle, up to $800. Renters and home insurance also covers items stolen from your vehicle.
- Windshield replacement insurance: Waives your collision deductible for glass repairs and replacement.
How much is home insurance from Country Financial?
Country Financial charges an average of $2,827 a year for home insurance, or $236 a month. This is 3% higher than the national average of $2,757 a year.
Home insurance rates by company
| Company | Annual rate |
|---|---|
| State Farm | $2,427 |
| Allstate | $2,560 |
| Country Financial | $2,827 |
| Nationwide | $3,055 |
| American Family | $3,072 |
| Travelers | $3,149 |
Home insurance discounts from Country Financial
Country Financial’s home insurance discounts include a few for upgrading your home. These include discounts for updated wiring, a new roof and safe heating sources. You can also get a discount for owning a newer home.
Like most other home insurers, Country Financial gives you a discount for bundling your homeowners policy with another product.
A smart home system can get you another discount. To qualify, your system has to be able to issue electronic alerts for break-ins, smoke and water leaks.
Country Financial also courts new customers with a welcome discount for your first three years with the company. You’re eligible for a loyalty discount each year after that.
Home insurance discount comparison
| Discount | Country Financial | State Farm | Allstate | Liberty Mutual | Farmers | Travelers |
|---|---|---|---|---|---|---|
| Bundling | Yes | No | Yes | Yes | Yes | Yes |
| Newer home | Yes | No | Yes | Yes | Yes | No |
| New roof | Yes | No | No | Yes | No | No |
| Safe heat | Yes | No | No | No | No | No |
| Wiring age | Yes | No | Yes | No | No | No |
| Smart home | Yes | Yes | Yes | No | Yes | Yes |
Country Financial home insurance coverage
Country Financial lets you choose between Standard and Premier insurance coverage for your home and personal property, or belongings. It also offers a few valuable add-on coverages that are worth considering.
Standard vs. premier coverage
Country Financial’s Standard homeowners insurance policies offer named-peril coverage. These protect your home and belongings from 16 common perils, or causes of damage.
The company’s Premier policies provide open-peril coverage. Open-peril insurance protects against any risk a policy doesn’t specifically exclude. Open-peril coverage costs more than named perils, because it offers more protection.
Country Financial lets you choose between Standards and Premier separately for your home and belongings.
Other companies typically provide open-peril coverage for your home and named-peril coverage for your belongings. With Country Financial, this equates to Premier coverage for your home and Standard coverage for your belongings.
Valuable add-on coverages from Country Financial
Like most other companies, Country Financial offers optional coverages for more protection. Although these increase your rate, here are the most important add-ons to consider.
- Scheduled personal property: Increases your coverage for valuables, like jewelry and collectibles.
- Water backup coverage: Pays to clean and repair floors and other areas if your sewer or drainage system backs up.
- Service line coverage: Covers the cost of repairing or replacing underground utility lines. These include the portions of water, sewer and natural gas lines on your property.
- Replacement cost coverage: Standard policies cover your belongings at their actual cash value, after depreciation. Replacement cost coverage replaces stolen or damaged items with new ones.
- Extended/guaranteed replacement cost: These kick in if the cost of rebuilding your home exceeds your dwelling limit. Extended replacement cost adds 20% to your dwelling limit. Guaranteed replacement has no limit.
Frequently asked questions
Country Financial has an overall satisfaction rating of 828 in the North Central U.S. by J.D. Power. The segment average for the region is 825. J.D. Power gives Country Financial an 894 rating for auto claims satisfaction, which is fifth-highest overall. The industry average for claims satisfaction is 878.
Country Financial is the 23rd-largest auto insurance company in the U.S., based on written premium in 2023. It’s the 20th-largest home insurance company.
Country Financial’s auto insurance rates average $133 a month for full coverage and $52 a month for liability-only policies. Both rates are 19% less than national averages.