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

Quick Facts

• In general, Grange offers cheaper premiums than Chubb
• Grange has more affordable prices for residents of suburban areas
• Grange may help you save more money -- they offer more discounts than Chubb

Chubb or Grange: 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 your search down to Chubb or Grange for your next policy, but which carrier has less expensive rates for auto insurance?

As you can see, Chubb has average rates that are around 14% a month more expensive than those from Grange when looking at the national average rates for insurance.

But Grange may not be the lowest or best option for every driver out there. Car insurance carriers use all sorts of complex algorithms to determine premiums, so depending on where you live or how clean your driving record is (among a range of other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of Chubb or Grange is really the best for you, keep reading to see average premiums for each company broken down by a range of different rate factors.

Chubb vs. Grange: Average Car Insurance Rates by State

Chubb and Grange only compete against each other in two states, with Grange offering more affordable prices to the average driver in all of them. If you live in Washington, Chubb is the less expensive of the two companies when looking at the overall average rates. Grange is the cheaper option in California.

That being said, there's a lot more that goes into your auto insurance cost than just the state you live in. Read on to learn more.

Which is the Best Company For Young Drivers?

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

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of over 15% less per month by choosing Grange over Chubb.

Even so, both carriers will reduce premiums once you turn 25. For example, average rates for Chubb policyholders drop about $350 and Grange's prices lower almost $350 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable rates out there.

But who has the best prices for retired drivers between Chubb and Grange? Chubb gets the slight edge, with premiums for drivers 65 and older around 7% more affordable than the national average for Grange.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are normally cheaper for married couples than they are for single drivers? That's typically because married policyholders tend to own and insure multiple vehicles, which can often earn you a discount.

For those who are single, the difference in average premiums between these two companies is significant, with Grange prices coming in at about 15% less than Chubb's. The advantage is also clear for married drivers - Grange offers the cheapest average premiums.

Chubb or Grange: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision, which means they'll usually end up paying more for auto insurance than women.

Typically, women see prices around 4% a month less with Chubb, and about 5% less with Grange.

Looking at the data for each carrier specifically, Grange offers the lowest average rates for both men and women. On average, women save about $42 per month and men save around $41 with Grange compared to the average Chubb policyholder.

Chubb vs. Grange: 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, car insurance isn't the easiest topic to understand. There are so many different terms and limits that it can make it pretty confusing 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 if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, alongside liability coverage).

When it comes to state minimum liability limits, Chubb has the edge, while Grange offers the cheapest average prices for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $15 with Chubb, while full coverage comes out to be about $100 less expensive with Grange Insurance.

Is Chubb or Grange 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.

It's no secret secret that collisions and speeding tickets lead to higher rates, but which company -- Chubb or Grange -- has the most affordable premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers who use Chubb for their car insurance can generally expect their monthly bill to go up around 15% after getting a speeding ticket. Grange policyholders can expect a bit more drastic of an increase of about 23%.

However, Grange is normally the cheaper option for drivers both with a ticket and with a clean record -- their rates are around 19% less expensive for drivers with clean records and 10% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both carriers will raise rates pretty significantly if you get into an at-fault collision with Grange increasing by around 32%. Chubb has a less extreme increase, but you can still expect to pay nearly 25% more than you were prior to your first accident.

At the end of the day, the cheaper premiums come from Grange, with average prices coming in at $266 compared to Chubb's $290.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly insurance bill -- typically a lot more than a collision or speeding ticket. For example, Chubb increases average rates by more than $150 a month -- that's just under a 45% increase.

But if you end up with a DUI charge and are looking for more affordable premiums, Grange tends to be more affordable for the average driver, with monthly premiums coming in at about $314 to Chubb's $389.

How does Credit Score Impact Chubb and Grange Rates?

Did you know many auto insurance companies take into account your credit score when determining prices? Certain states and carriers do not allow for credit score to be used as an insurance factor, but it might come into play for a lot of policyholders.

Car insurance companies argue that those with poor credit scores are less likely to pay their bills on time every month, which raises the risk involved on their end, while the opposite is true for those with good credit.

Looking at Chubb and Grange specifically, which one has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Chubb will generally reward you the most. For policyholders with "excellent" credit scores, Chubb comes in more than 15.03 less expensive. Drivers with "good" credit scores normally save around 12% with Chubb compared to average prices from Grange.

Which Company is Best for Drivers with Bad Credit?

If you have a below average credit score, it can be somewhat of a toss-up as far as which company offers you the best rates. Drivers with "fair" credit pay about 9% less with Chubb than Grange, but those whose credit is considered "poor" have it flipped -- saving around 39% per month with Grange.

Is Chubb or Grange 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 pretty big impact on your monthly auto insurance bill? Typically, those who drive fewer miles will end up with more affordable premiums since there's less of a chance of causing an accident and filing an insurance claim.

Grange tends to be the less expensive option for both remote workers and those taking short commutes. Grange's average rates for drivers with 6,000 annual miles come in about $38 cheaper than Chubb. Those who drive 12,000 miles each year can expect to pay around $46 less with Grange over Chubb.

Chubb or Grange: Compare Rates for Urban, Suburban, and Rural Drivers

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

Grange tends to offer the most affordable prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Grange Insurance's average premiums are about 19% less than Chubb. People who live in suburban areas pay around 10% less with Grange compared to Chubb. Those in rural areas can expect to save about 13% with Grange compared to Chubb.

Chubb vs. Grange Discounts

No matter 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 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 hard to find all the of the ones you qualify for.

Luckily, we did the hard work for you and compared all of the different discounts offered by Chubb and Grange so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Grange blows Chubb away when it comes to the sheer amount of discounts available, offering 28 different discounts to Chubb's 15.

There are a couple discounts both carriers offer, but Grange also offers discounts for advanced safety feature, agency transfer, annual mileage, and more.

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

Final Thoughts: Is Chubb or Grange Best for You?

So, you've seen how different variables can affect your car insurance rates. We've broken down the different discounts each company offers, too. But, at the end of the day, which carrier is the right company for you and your specific driver profile?

Grange might be best for you if....

• You have a clean record.
• Your neighborhood is in the suburbs.
• You live in a rural neighborhood.

Chubb might be best for you if...

• You have above-average credit.
• You're looking for the best premiums on liability only coverage.
• You're of retirement age and want to take advantage of lower prices.

Hopefully, this guide helps you get a better idea of the difference between Chubb and Grange. We also hope we've given you the information you need to make the best decision about your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple companies, not just Chubb and Grange. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Chubb vs. Grange FAQs

Is Chubb or Grange cheaper?

Grange is the less expensive of the two companies when looking at national average premiums, with policies averaging $249 a month with Grange and $291 for Chubb. Even so, that doesn't mean Grange will be the lowest company for everyone, since there are several different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Chubb or Grange?

Sadly, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for every policyholder -- it all comes down to what your unique car insurance profile looks like. For example, Chubb is cheaper for drivers who have already retired, while Grange offers more affordable prices for single drivers.

Why do Chubb and Grange offer me different rates?

Auto insurance carriers use several different variables when calculating the rates they charge. Things like where you park your car, age, where you live, gender, and sometimes even things like your credit score can all come into play. Both Chubb and Grange use different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from many different companies.

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

The only way to find the insurance carrier that's right for you is by getting quotes from several carriers 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 quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the lowest premium. And maybe you'll find that the best company for you isn't Chubb or Grange 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.