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

Quick Facts

• Based on national averages for auto insurance, CSE offers significantly cheaper premiums than Chubb
• Chubb offers more affordable prices for drivers who have less-than-stellar credit
• CSE offers less expensive average rates for residents of urban areas

Chubb vs. CSE: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering huge discounts, but exactly how much money can you save by switching?

You've maybe even narrowed it down to Chubb or CSE as potential options, but between the two, which carrier will save you the most?

As you can see, CSE is quite a bit cheaper than Chubb, with premiums averaging $175 per month compared to $291 with Chubb when looking at the national average rates for car insurance.

That being said, that doesn't necessarily mean CSE will be the cheaper option for every driver. Insurance companies use tons of complex algorithms to calculate prices, so depending on how clean your driving record is or how good your credit score is (among a bunch of other factors), you could see wildly different rates from the ones above.

Luckily, we've broken down average prices from both Chubb and CSE by a range of different rate factors, so read on to find out which company is the best for you.

Chubb or CSE: Average Car Insurance Rates by State

Chubb and CSE only compete against each other in California, where CSE offers the cheaper average premiums. For California residents, CSE offers auto insurance for $175 monthly on average. Chubb's average prices come out to be over 70% more expensive, at $332 a month.

There are plenty of other factors that go into your car insurance payment than just the state you live in. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance premiums of any group on the road. The reason is that young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of nearly $300 less a month by choosing CSE over Chubb.

Even so, both carriers will offer you dramatically lower prices by the time you turn 25. For example, average premiums for Chubb policyholders lower almost $350 and CSE's rates drop about $200 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the lowest car insurance premiums out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

But who has the best prices for retired drivers between Chubb and CSE? CSE gets the edge, with premiums for drivers 65 and older more than 30% more affordable than the national average for Chubb.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance rates tend to be more expensive for single drivers than they are for married drivers. This usually boils down to married couples having more than one car on their policy -- something lots of car insurance companies will reward with discounts.

When it comes to relationship status, CSE is the clear winner for single policyholders, with prices around $134 per month less expensive than Chubb, on average. The advantage for married policyholders with CSE is also obvious, where drivers save over 40% a month.

Chubb vs. CSE: Average Rates by Gender

You may not know, but insurance is usually cheaper for women than it is for men. This is because men are statistically more likely than women to get into accidents and file an insurance claim, which leads to increased risk for insurers and, therefore, higher rates.

With Chubb, women typically pay more than $10 per month less than men; men and women get the same monthly premiums with CSE.

Looking at overall affordability, CSE offers the cheapest average prices for both men and women, with average rates 41% less for men and 39% cheaper for women.

Chubb or CSE: 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 car insurance can be a complicated subject for most people. There are many different coverages that account for several different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

However, the most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause a collision) 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, CSE normally offers significantly cheaper prices of $81 compared to Chubb's $169. When it comes to full coverage policies with similar limits, CSE again has the edge, with policies about $150 a month less expensive than Chubb, on average.

Is Chubb or CSE Better for Drivers with Spotty Records?

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

You'll probably end up paying more with collisions and tickets on your record, but which of these two carriers offers the most affordable premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Chubb policyholders can expect their rates to go up an average of $38 per month if they get a ticket, while CSE usually raises prices around $38 a month, on average.

But CSE has more affordable premiums for drivers in both categories, offering prices that are $100 and $100 cheaper, respectively, compared to Chubb.

Which Company is Best for Drivers After an Accident?

Chubb drivers who get in an accident can expect to see their premiums climb by over $65, while those who have insurance through CSE will see about a $55 increase.

Overall, drivers who use CSE end up with the cheaper prices after an accident, with monthly rates averaging $176 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. Chubb drivers usually see a 43% raise in their insurance prices after a DUI charge, while CSE will normally increase rates by around 49%.

If you have a DUI on your record and are looking for more affordable premiums, CSE tends to be the much less expensive option with average rates of $241 per month compared to $389 from Chubb.

How does Credit Score Impact Chubb and CSE Rates?

You may not realized it, but your credit score can be used as one of the factors to determine your monthly car insurance premiums. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect a lot of policyholders out there.

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 more affordable prices.

So, which carrier offers the lowest rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have stellar credit, Chubb will generally reward you. With Chubb, improving your score from "good" to "excellent" will typically save you about $35. CSE, on the other hand, doesn't have data available for credit scores, which means they most likely don't use credit to calculate your premiums.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can cost you with Chubb. If your credit score is in the "poor" range, at Chubb, you may pay around $350 more per month compared to those with "fair" scores (and even more compared to drivers with good or excellent scores). CSE, on the other hand, doesn't have data available for credit scores, which means drivers with bad credit may find better rates with CSE over Chubb.

Is Chubb or CSE 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 sizable impact on your monthly prices? Usually, the more miles you put on your vehicle, the more you can expect to pay for auto insurance.

CSE tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure. CSE's average rates for drivers with 6,000 annual miles come in about $125 more affordable than Chubb. Those who drive 12,000 miles each year can expect to pay around $107 less with CSE over Chubb.

Chubb vs. CSE: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can have a considerable impact on your monthly car insurance bill. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

CSE boasts the cheapest average prices for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, CSE offers premiums about $186 a month compared to Chubb's $360. People who live in suburban ZIP codes can expect to pay around $178 a month for CSE and $260 for Chubb. Lastly, those in rural areas tend to get the lowest prices from both companies, with average monthly premiums coming in at $161 and $252 for CSE and Chubb respectively.

Chubb vs. CSE Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many insurance discounts as you can.

The challenging part is finding all of the discounts you're eligible for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Below, we've taken a look at all of the different discounts Chubb and CSE offer their customers so that you can see which company can save you the most money each month.

Chubb knocks CSE out of the park when it comes to the sheer number of discounts available, offering 10 more discounts than CSE.

A couple of those are overlapping for things like mature driver discounts and multi-policy discounts. Chubb also offers ABS discounts, anti-theft discounts, defensive driver discounts, and more that CSE does not.

On the flip side, CSE has a couple unique discounts of its own -- employee discounts, discounts for being a good driver, and goverment employee discounts.

Final Thoughts: Is Chubb or CSE Best for You?

So, you've seen how different variables can affect your auto insurance rates. We've shown you all the discounts each carrier offers, too. But, when it comes down to it, which company is the best fit for you?

CSE might be best for you if....

• You're single and purchasing car insurance by yourself.
• You want basic insurance coverage at the state minimum limits.
• You are over 65 years old and want to save some money on your car insurance.

Chubb might be best for you if...

• You have less-than-stellar credit.
• You already have a great credit score.
• You care about discounts (Chubb offers the most).

We hope this guide helps you get a good idea of the differences between Chubb and CSE and that it aids in making a more informed decision about your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from multiple carriers, not just Chubb and CSE. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance companies in your area, all in just a few minutes.

Chubb vs. CSE FAQs

Is Chubb or CSE cheaper?

Looking just at the national average prices, CSE is the cheaper of the two carriers, offering average rates of $175 per month compared to $291 for Chubb. Even so, CSE won't necessarily be the cheapest carrier for every driver, since there are lots of different factors that come into play when it comes to your insurance cost.

Who is better, Chubb or CSE?

Unfortunately, the answer truly is "it depends.". Neither company is "better" for each driver -- it all comes down to what your unique car insurance profile looks like. For example, CSE offers less expensive premiums for policyholders with an at-fault accident on their record, while Chubb is cheaper for drivers who have less-than-stellar credit scores.

Why do Chubb and CSE offer me different rates?

Auto insurance companies take a look at quite a few different variables when calculating the rates they charge drivers. Things like age, where you call home, your driving record, gender, and sometimes even things like your credit score can all come into play. Both Chubb and CSE calculate premiums differently, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a bunch of different carriers.

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

The only way to find the 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 ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Chubb or CSE 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.