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

Quick Facts

• Looking at the national averages for auto insurance, Cumberland Mutual offers significantly cheaper prices than Chubb
• Cumberland Mutual has more affordable rates for policyholders who haven't received any speeding tickets or been in an accident in the last few years
• Cumberland Mutual offers less expensive average prices for people who are single and purchasing car insurance by yourself

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

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty discounts. But exactly how much can you save by switching?

You might have narrowed your search down to Chubb or Cumberland Mutual as your top options, but between the two, which company will offer you more affordable premiums?

As you can see, Cumberland Mutual has average rates that are about 35% per month cheaper than those from Chubb when looking at the national average rates for insurance.

Even so, Cumberland Mutual may not be the most affordable or best option for each driver out there. Auto 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 premiums could vary drastically from person to person.

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

Chubb or Cumberland Mutual: Average Car Insurance Rates by State

Chubb and Cumberland Mutual only compete against each other in one states, with Cumberland Mutual offering less expensive rates to the average driver in all of them. Pennsylvania has the most noticable difference, where Cumberland Mutual premiums are over 70% cheaper than car insurance rates at Chubb.

That being said, there's a lot more that goes into your auto insurance bill than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for insurance compared to older drivers. It's because young, inexperienced drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Cumberland Mutual for their auto insurance pay nearly $200 less than those who use Chubb.

But both carriers will lower rates by the time drivers turn 25. For example, average prices for Chubb policyholders drop almost 55% and Cumberland Mutual's premiums decrease more than 55% 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 lowest rates you'll ever find.

But who has the best prices for retired drivers between Chubb and Cumberland Mutual? Cumberland Mutual gets the edge, with premiums for drivers 65 and older $66 less expensive than the national average for Chubb.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are generally more affordable for married couples than they are for those who are single? This usually boils down to married drivers having multiple cars on their policy -- something several car insurance companies will reward with discounts.

When it comes to relationship status, Cumberland Mutual is the clear winner for single policyholders, with premiums around $110 a month less expensive than Chubb, on average. For married policyholders, the advantage is clear again - Cumberland Mutual has the edge when it comes to average prices.

Chubb vs. Cumberland Mutual: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to insurance men will typically end up paying a little more.

On average, women see premiums about 4% per month less with Chubb, while with Cumberland Mutual, the difference is closer to 5% a month.

Looking at overall affordability, Cumberland Mutual comes out on top for both men and women. On average, women save about $97 per month and men save around $99 with Cumberland Mutual compared to the average Chubb policyholder.

Chubb or Cumberland Mutual: 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.

For most people, auto insurance can be pretty complicated. There are several different coverages that account for a range of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

That being said, most policies that many drivers look at fall into two categories -- liability only (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with a liability policy).

If you're looking for state minimum liability insurance, Cumberland Mutual usually offers significantly more affordable rates of $106 compared to Chubb's $169. When it comes to full coverage policies with similar limits, Cumberland Mutual again has the edge, with policies about $150 a month cheaper than Chubb, on average.

Is Chubb or Cumberland Mutual Better for Drivers with Spotty Records?

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

It's no secret secret that at-fault accidents and tickets lead to higher prices, but which carrier -- Chubb or Cumberland Mutual -- has the cheapest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Chubb policyholders can expect their prices to go up an average of $38 per month if they get a ticket, while Cumberland Mutual normally raises premiums around $18 a month, on average.

However, Cumberland Mutual is usually the less expensive option for drivers both with clean records and with a speeding ticket, offering prices that are $54 and $74 more affordable, respectively, compared to Chubb.

Which Company is Best for Drivers After an Accident?

Chubb drivers who get in a collision can expect to see their premiums increase by just under 25%, while those who have insurance through Cumberland Mutual will see about a 10% increase.

Overall, drivers who use Cumberland Mutual end up with the cheaper prices after an accident, with monthly rates averaging $183 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 an accident. Chubb drivers usually see a 43% climb in their auto insurance prices after a DUI charge, while Cumberland Mutual will typically raise premiums by around 27%.

If you have a DUI on your record and are looking for more affordable rates, Cumberland Mutual tends to be the much cheaper option with average premiums of $233 per month compared to $389 from Chubb.

How does Credit Score Impact Chubb and Cumberland Mutual Rates?

Did you know that many car insurance carriers take into account your credit score when calculating prices? This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it will come into play for lots of policyholders.

The reasoning insurance companies use is that drivers with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with more affordable rates.

Looking at Chubb and Cumberland Mutual specifically, which one has the lowest prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Cumberland Mutual. Drivers with "excellent" credit can save over 10% compared to Chubb, and those with "good" scores can also expect to see savings -- about $41 or 21% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Cumberland Mutual typically offers lower premiums than Chubb when it comes to drivers with bad credit. Drivers with "fair" credit pay around $48 per month less with Cumberland Mutual compared to Chubb, and those with "poor" scores usually save an average of about $278 monthly.

Is Chubb or Cumberland Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a substantial impact on your monthly auto insurance cost. Generally, the more miles you put on your vehicle each year, the more you can expect to pay for car insurance.

For both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure, Cumberland Mutual tends to be the cheaper option. Chubb's average rates for drivers with 6,000 annual miles come in just under $95 more expensive than Cumberland Mutual. Those who drive 12,000 miles every year can expect to pay over $100 more with Chubb over Cumberland Mutual.

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

Where you live can have a pretty big impact on your monthly auto insurance payment. Normally, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers because there are a lot more cars on the road in those areas, which increases the chances of an accident.

Cumberland Mutual tends to offer the lowest prices for drivers in every type of area, no matter if it's urban, suburban, or rural.

Policyholders in rural ZIP codes see the cheapest rates from both carriers, but Cumberland Mutual comes out on top with average premiums around $116 a month. Cumberland Mutual also has less expensive average rates for drivers in urban and suburban ZIP codes -- a $30 and $128 a month respective difference when compared to Chubb policyholders in similar areas.

Chubb vs. Cumberland Mutual Discounts

You want to save as much money as possible, right? The best way to do that is by taking advantage of as many insurance discounts as you can.

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

In the table below, we've taken a look at all of the different discounts Chubb and Cumberland Mutual offer their customers so that you can find the carrier that has the most discounts and, therefore, the biggest savings.

You can find offers for ABS discounts, discounts for being a defensive driver, discounts for getting driver training, and passive restraint discounts from both companies.

Final Thoughts: Is Chubb or Cumberland Mutual Best for You?

So, you've seen how different factors can affect your car insurance prices. We've shown you all the discounts each carrier offers, too. That's all well and good, but at the end of the day, is Chubb or Cumberland Mutual the best fit for you?

Cumberland Mutual might be best for you if....

• You have a DUI charge on your record.
• You're looking for more protection with "full coverage" insurance.
• You live in a rural neighborhood.

Chubb might be best for you if...

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

We hope this guide helps you get a good idea of the differences between Chubb and Cumberland Mutual. We also hope we've given you the information you need to make the best 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 Cumberland Mutual. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

Chubb vs. Cumberland Mutual FAQs

Is Chubb or Cumberland Mutual cheaper?

Looking just at the national average rates, Cumberland Mutual is the more affordable of the two carriers, offering average rates of $193 per month compared to $291 for Chubb. That being said, Cumberland Mutual won't necessarily be the most affordable company for everyone, since there are lots of different variables that come into play when it comes to your insurance bill.

Who is better, Chubb or Cumberland Mutual?

Sadly, the only answer we can give you is "it depends.". Neither carrier is "better" for each driver -- it all boils down to your unique car insurance profile.

Why do Chubb and Cumberland Mutual offer me different rates?

Auto insurance companies take a look at quite a few different factors when determining the prices they charge drivers. Variables like gender, age, where you park your vehicle, your driving record, and sometimes even things like your credit score can all come into play. Both Chubb and Cumberland Mutual calculate premiums using different formulas, so each one will most likely offer different rates. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a variety of different carriers.

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

The only way to find the car insurance carrier 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 free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the best rate. And who knows, the best company for you might not be Chubb or Cumberland Mutual 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.