American Family vs. Chubb: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, American Family offers significantly less expensive prices than Chubb
• American Family offers more affordable rates for drivers with a DUI
• American Family offers more affordable prices for policyholders who have a clean driving record, free of collisions, tickets, or DUIs

American Family or Chubb: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering big savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to American Family or Chubb as potential options, but between the two, which company has cheaper rates for insurance?

As you can see, Chubb is quite a bit more expensive than American Family, with premiums averaging $291 a month compared to just $140 with American Family when looking at the national average rates for car insurance.

Even so, American Family may not be the lowest or best option for every single driver out there. After all, auto insurance carriers can offer drastically different rates to every driver depending on rating factors like your age, where you call home, your credit score, or even your driving record (among other things), so prices will differ quite a bit from person to person.

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

American Family vs. Chubb: Average Car Insurance Rates by State

American Family and Chubb only compete against each other in two states, with Chubb offering more affordable premiums to the average driver in all of them. Wisconsin has the most noticable difference, where American Family rates are $371 cheaper than insurance premiums at Chubb.

There are plenty of other factors that go into your auto insurance bill than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. Generally, that'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 American Family save over 50% per month compared to those who use Chubb.

But both companies will reduce rates by the time drivers turn 25. Chubb offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, American Family still has the most affordable prices at $121 per month.

Which is the Best Company for Retired Drivers?

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

When looking at American Family and Chubb specifically, which carrier is best for retired drivers? American Family gets the edge, with rates for drivers 65 and older $80 more affordable than the national average for Chubb.

Which is the Best Company for Married Drivers?

Did you know that auto insurance premiums are normally less expensive for married policyholders than they are for those who are single? That's because policies for married drivers usually cover more than one vehicle, which lots of carriers will give you a discount for.

For single policyholders, the difference in average prices between these two companies is significant, with American Family premiums coming in at around half of Chubb's. The advantage is also clear for married couples - American Family offers the most affordable average rates.

American Family or Chubb: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision. That means when it comes to car insurance men will typically end up paying a little more.

Men generally pay about 3% more a month than women with American Family, but with Chubb, the difference is closer to 4% per month.

Looking at the data for each company specifically, American Family comes out as the cheapest option for both genders. On average, women save about $147 a month and men save around $153 with American Family compared to the average Chubb policyholder.

American Family 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 isn't the easiest topic to understand. There are many different coverages that account for lots of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

That being said, most policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, American Family has the significant edge, with average monthly prices coming in at $96. If you want a full coverage policy with the same state minimum limits, American Family again has the edge, with policies averaging about $185 per month to Chubb's $412.

Is American Family or Chubb Better for Drivers with Spotty Records?

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

Speeding tickets and collisions will most likely raise your premiums, but is American Family or Chubb cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use American Family for their car insurance can normally expect their monthly bill to go up around 20% after getting a speeding ticket. Chubb policyholders can expect a less drastic increase of about 15%.

However, American Family tends to offer the best prices for both drivers who have a recent ticket and those with clean records. With American Family Insurance, drivers with a clean record can save around $105 a month and drivers with a speeding ticket can save about $114 per month.

Which Company is Best for Drivers After an Accident?

American Family drivers who get in an accident can expect to see their rates climb by $20, while those who have insurance through Chubb will see around a $65 increase.

At the end of the day, the less expensive premiums come from American Family, with average prices coming in at $138 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 ticket or even a collision. On average, Chubb will climb your rates about 43% after a DUI, while American Family's average prices rise by more than 25%.

But if you end up with a DUI charge and are looking for more affordable rates, American Family tends to be more affordable for the average driver, with monthly premiums coming in at around $158 to Chubb's $389.

How does Credit Score Impact American Family and Chubb Rates?

Did you know many insurance carriers take into account your credit score when determining premiums? 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.

Car insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with less expensive rates.

Looking at American Family and Chubb specifically, which one has the best premiums 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 American Family or Chubb Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly auto insurance cost. Typically, the more milage you drive, the more you can expect to pay for car insurance.

For both remote workers and those taking short commutes, American Family offers cheaper prices than Chubb. American Family's average premiums for drivers with 6,000 annual miles come in over 50% more affordable than Chubb. Those who drive 12,000 miles each year can expect to pay more than 50% less with American Family over Chubb.

American Family or Chubb: 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 auto insurance, but the type of area you live in can have a substantial impact as well. Generally, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer cars on the road where they live, which reduces the chances of an accident.

When comparing these two companies side-by-side, American Family usually comes out as the most affordable option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save about 52% with American Family compared to Chubb. People who live in suburban areas pay around 48% less with American Family compared to Chubb. For policyholders in urban ZIP codes, American Family Insurance's average premiums are about 54% less than Chubb.

American Family vs. Chubb 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.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you're eligible for.

Luckily, we did the hard work for you and compared all of the different discounts offered by American Family and Chubb so that you can easily see which company offers the most discounts and, therefore, the largest savings.

American Family knocks Chubb out of the park when it comes to the sheer number of discounts available, offering six more discounts than Chubb.

Both carriers offer lots of the same discounts -- like discounts for being a defensive driver, DRL discounts, and discounts for being a good student -- but American Family also offers discounts for advance quote, connect partner, COVID-19 relief, and more.

On the other hand, Chubb has a few proprietary discounts of their own for things like ABS discounts, driver training discounts, driver-vehicle combination discounts, and more.

Final Thoughts: Is American Family or Chubb Best for You?

You've seen the effect certain variables have on your car insurance and the different discounts companies offer. That's all well and good, but at the end of the day, which company is the right carrier for you and your specific needs?

American Family might be best for you if....

• You're worried about the impact your credit score will have on your prices.
• Your home is located in the suburbs.
• You drive often but have a short commute.

Chubb might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide has ben a valuable resource as you compare American Family and Chubb and that it aids in making a more informed decision about your 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 multiple carriers, not just American Family and Chubb. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

American Family vs. Chubb FAQs

Is American Family or Chubb cheaper?

American Family is the less expensive of the two carriers when looking at national average rates, with policies averaging $140 a month with American Family and $291 for Chubb. Even so, that doesn't mean American Family will be the cheapest carrier for every policyholder, since there are a variety of different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, American Family or Chubb?

Unfortunately, the real answer is "it depends.". No one company is "better" for each policyholder -- it all comes down to what your unique car insurance profile looks like.

Why do American Family and Chubb offer me different rates?

Insurance companies use a lot of different variables when calculating the prices they charge. Factors such as your driving record, gender, age, where your home is, and sometimes even things like your credit score can all be used. Both American Family and Chubb calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from several different carriers.

How do I know if American Family or Chubb is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from a handful of companies 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 information once and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the cheapest premium. And maybe you'll find that the best carrier for you isn't American Family 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.