21st Century vs. Chubb: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, 21st Century offers significantly cheaper rates than Chubb
• 21st Century tends to be a much less expensive option for single people who will be the only person on the insurance policy
• Chubb may help you save more money -- they offer more discounts than 21st Century Insurance

21st Century or Chubb: 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 large savings, but exactly how much money can you save by switching?

You've maybe even narrowed it down to 21st Century or Chubb as your top options, but between the two, which carrier will offer you more affordable prices?

As you can see, 21st Century is quite a bit cheaper than Chubb, with rates averaging $146 a month compared to $291 with Chubb when looking at the national average rates for car insurance.

However, that doesn't necessarily mean 21st Century will be the less expensive option for every driver. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, where you call home, your age, or even your credit score (among other things), so prices could change drastically from person to person.

Wanting to know if 21st Century or Chubb is really the right company for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

21st Century vs. Chubb: Average Car Insurance Rates by State

21st Century and Chubb only compete against each other in one states, with 21st Century offering cheaper prices to the average driver in all of them. California has the most noticable difference, where 21st Century rates are $126 more affordable than insurance premiums at Chubb.

But there's more to auto insurance than just where you live. As we mentioned above, there's a lot of things that go into how car insurance companies determine your prices. Keep reading to learn more.

Which is the Best Company For Young Drivers?

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

But that doesn't mean that teen drivers have to just accept sky-high car insurance premiums. Just look at the table above -- where 18-year-old drivers who have 21st Century for their insurance pay over 65% less than those who use Chubb.

Even so, both carriers will lower rates once you turn 25. For example, average prices for 21st Century policyholders reduce almost 40% and Chubb's premiums drop nearly 55% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the most affordable car insurance rates you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for auto insurance.

But who has the best rates for retired drivers between 21st Century and Chubb? 21st Century gets the edge, with premiums for drivers 65 and older $65 less expensive than the national average for Chubb.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are usually more expensive for single policyholders than they are for married couples? This usually boils down to married drivers having more than one vehicle on their policy -- something a lot of car insurance companies will reward with discounts.

For those who are single, the difference in average premiums between these two carriers is significant, with 21st Century rates coming in at around half of Chubb's. The advantage is also clear for married policyholders - 21st Century offers the lowest average premiums.

21st Century or Chubb: Average Rates by Gender

Because women are less likely to get into accidents and get speeding tickets, they run a lower risk of filing a claim with insurance. So, women tend to get cheaper rates than men.

Men and women end up paying the same monthly rates with 21st Century, and about $10 cheaper with Chubb when compared to their male counterparts.

When it comes to the cheapest prices for each gender, 21st Century comes out on top for both men and women, with average rates $150 less for men and $139 cheaper for women.

21st Century vs. Chubb: 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.

Auto insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different limits and coverages that it can be hard to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (that covers property damage and bodily injury for other drivers and passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability).

Looking specifically at state minimum liability insurance, 21st Century has the significant edge, with average monthly premiums coming in at $79. If you want a full coverage policy with the same state minimum limits, 21st Century again has the edge, with policies averaging around $212 per month to Chubb's $412.

Is 21st Century or Chubb 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.

It's no secret secret that speeding tickets and collisions lead to higher prices, but which carrier -- 21st Century or Chubb -- has the most affordable rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use 21st Century for their insurance can normally expect their monthly bill to go up about 21% after getting a speeding ticket. Chubb policyholders can expect a less drastic increase of around 15%.

That being said, 21st Century tends to offer the best prices for drivers both with a ticket and with a clean record, offering premiums that are 58% and 55% more affordable, respectively, compared to Chubb.

Which Company is Best for Drivers After an Accident?

21st Century drivers who get in an accident can expect to see their prices increase by $80, while those who have insurance through Chubb will see about a $65 increase.

At the end of the day, drivers who use 21st Century end up with the cheaper prices after an accident, with average premiums coming in at $173 compared to Chubb's $290.

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 speeding ticket or even a collision. On average, Chubb will increase your prices around 43% after a DUI, while 21st Century's average rates rise by nearly 55%.

But if you end up with a DUI charge and are looking for more affordable premiums, 21st Century tends to be cheaper for the average driver, with monthly premiums coming in at about $200 to Chubb's $389.

How does Credit Score Impact 21st Century and Chubb Rates?

You may not realized it, but your credit score can be used as one of the variables to calculate your monthly car insurance rates. Certain states and companies do not allow for credit score to be used as an insurance factor, but it does affect quite a few policyholders out there.

The reasoning auto insurance carriers 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 typically be forced to pay more.

Looking at 21st Century and Chubb specifically, which company has the cheapest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Chubb will generally reward you. With Chubb, improving your score from "good" to "excellent" will usually save you around 15%. On the other hand, 21st Century doesn't have data available for credit scores, which means they most likely don't use credit to calculate your prices.

Which Company is Best for Drivers with Bad Credit?

Having bad credit can cost you with Chubb. For drivers with less-than-stellar credit, at Chubb, you may pay about $350 a month more if you have "poor" credit compared to those with "fair" scores. It's an even larger difference when compared to drivers with "good" or "excellent" scores. Because 21st Century doesn't have data available for credit scores, they could have better premiums for drivers with bad credit over Chubb.

Is 21st Century or Chubb 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 considerable impact on your monthly prices? Typically, the more milage you put on your car, the more you can expect to pay for car insurance.

For both remote workers and those taking short commutes, 21st Century offers less expensive rates than Chubb. 21st Century's average premiums for drivers with 6,000 annual miles come in more than 50% more affordable than Chubb. Those who drive 12,000 miles yearly can expect to pay just under 50% less with 21st Century over Chubb.

21st Century or Chubb: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a substantial role in how much you pay for insurance. Normally, those who live in rural areas will pay less than drivers in urban areas because of the small number of vehicles that are on the roads where they live.

21st Century boasts the lowest average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, 21st Century's average premiums are around $151 while Chubb offers rates about $360. Drivers in suburban ZIP codes pay around $145 with 21st Century compared to Chubb's $260 per month. If you live in a rural area, you can expect to pay about $141 monthly with 21st Century compared to Chubb's $252.

21st Century vs. Chubb Discounts

No matter why you might be in the market for a new car insurance policy, you're always going to want to save as much money as you can. That's where insurance discounts comes into play.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both 21st Century and Chubb so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Overall, Chubb has a slight advantage when it comes to total number of discounts. 21st Century offers a grand total of 13 discounts, while Chubb has 15.

Both companies offer several of the same discounts -- like ABS discounts, anti-theft discounts, and discounts for being a good student -- but Chubb also offers discounts for distant student, driver training, driver-vehicle combination, and more.

On the other hand, 21st Century has a few proprietary discounts of their own for things like advance quote discounts, deluxe discounts, good driving discounts, and more.

Final Thoughts: Is 21st Century or Chubb Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts carriers offer. But, when it comes down to it, which company is the best one for you and your specific driver profile?

21st Century might be best for you if....

• Your driving record includes a DUI charge.
• You live in an suburban area.
• You want to save money while purchasing insurance for a teenager.

Chubb might be best for you if...

• Your credit is below-average.
• You already have a great credit score.
• You're looking for discounts -- Chubb has the most.

Hopefully, this guide helps you get a better idea of the difference between 21st Century and Chubb and that it aids in making a more informed decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from a handful of companies, not just 21st Century and Chubb. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

21st Century vs. Chubb FAQs

Is 21st Century or Chubb cheaper?

21st Century is the cheaper of the two companies when looking at national average prices, with policies averaging $146 per month with 21st Century and $291 for Chubb. But that doesn't mean 21st Century will be the most affordable carrier for everyone, since there are lots of different variables that come into play when it comes to your auto insurance cost.

Who is better, 21st Century or Chubb?

Unfortunately, the answer truly is "it depends.". One company is not necessarily "better" for each policyholder -- it all comes down to what your unique car insurance profile looks like. For example, Chubb is less expensive for drivers with excellent credit, while 21st Century offers cheaper premiums for drivers with a recent DUI.

Why do 21st Century and Chubb offer me different rates?

Insurance carriers use lots of different factors when determining the rates they charge. Variables like where you park your car, age, gender, where you live, and sometimes even things like your credit score can all come into play. Both 21st Century and Chubb use different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from multiple different companies.

How do I know if 21st Century or Chubb is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't 21st Century or Chubb 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.