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

Quick Facts

• Based on national averages for car insurance, Oregon Mutual offers significantly more affordable prices than Chubb
• Oregon Mutual tends to be a much less expensive option for drivers who have less-than-stellar credit
• Oregon Mutual has more affordable rates for policyholders who may not have much of a commute

Chubb vs. Oregon 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 big discounts. But exactly how much can you save by switching?

You might be considering Chubb or Oregon Mutual as potential options, but which company will save you the most?

Looking at the national average rates for both companies, Oregon Mutual is quite a bit cheaper than Chubb, with prices averaging $135 per month compared to $291 with Chubb.

However, that doesn't necessarily mean Oregon Mutual will be the cheaper option for every driver. Auto insurance carriers vary their premiums depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and a ton of other factors. So, at the end of the day, prices from each carrier will differ quite a bit from person to person.

Wanting to know if Chubb or Oregon Mutual 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.

Chubb or Oregon Mutual: Average Car Insurance Rates by State

Chubb and Oregon Mutual only compete against each other in one states, with Chubb offering less expensive premiums to the average driver in all of them. Washington has the most noticable difference, where Chubb prices are over 10% cheaper than insurance rates at Oregon Mutual.

That being said, there's a lot more that goes into your car insurance bill than just your home state. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for auto insurance compared to older drivers. It's typically because young, inexperienced 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 car insurance. As you can see above, teens who use Oregon Mutual save nearly $300 a month compared to those who use Chubb.

But with both companies, you'll see your premiums lower significantly once you turn 25. For example, average rates for Chubb policyholders drop almost $350 and Oregon Mutual's prices reduce about $250 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 cheapest premiums out there.

So, which carrier offers the best rates to retired drivers? Oregon Mutual gets the edge here, with average premiums coming in at around $100 per month compared to Chubb's $187.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are usually more expensive for single drivers than they are for married drivers? That's because policies for married couples generally cover several cars, which several carriers will offer you a discount for.

When it comes to relationship status, Oregon Mutual is the clear winner for single policyholders, with premiums about $175 per month more affordable than Chubb, on average. The advantage is also clear for married policyholders - Oregon Mutual offers the lowest average rates.

Chubb vs. Oregon Mutual: Average Rates by Gender

Because men are more likely to get tickets and get into accidents, they run a larger risk of filing a claim with insurance. Therefore, men tend to get higher rates than women.

On average, men see prices around 4% a month higher with Chubb, while with Oregon Mutual, the difference is closer to 9% per month.

When it comes to the most affordable rates for each gender, Oregon Mutual comes out on top for both men and women. On average, male drivers save about $155 a month and women save about $156 with Oregon Mutual compared to the average Chubb policyholder.

Chubb or Oregon 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.

It's no secret that car insurance can be a complicated subject for most people. There are a range of different coverages that account for lots of 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.

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

If you're looking for state minimum liability limits, Oregon Mutual usually offers significantly less expensive premiums of $97 compared to Chubb's $169. When it comes to full coverage policies with similar limits, Oregon Mutual again has the edge, with policies around $250 per month cheaper than Chubb, on average.

Is Chubb or Oregon Mutual 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.

Tickets and at-fault accidents will most likely raise your prices, but is Chubb or Oregon Mutual more affordable for 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 a month if they get a ticket, while Oregon Mutual generally raises premiums about $11 per month, on average.

Even so, Oregon Mutual is typically the less expensive option for drivers both with a speeding ticket and with a clean record, offering prices that are $112 and $139 cheaper, respectively, compared to Chubb.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Chubb can expect to see around an $67 -- or about 23% -- increase in their auto insurance premiums. Drivers who use Oregon Mutual for their car insurance will see a monthly bill around $22 (or 17%) more expensive after reporting an accident to their insurance company.

Overall, the less expensive rates come from Oregon Mutual, with monthly prices averaging $133 compared to Chubb's $290.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or ticket when it comes to your car insurance bill. Chubb drivers usually see a 43% increase in their auto insurance rates after a DUI charge, while Oregon Mutual will normally raise premiums by about 35%.

If you have a DUI on your record and are looking for more affordable prices, Oregon Mutual tends to be the much more affordable option with average rates of $171 a month compared to $389 from Chubb.

How does Credit Score Impact Chubb and Oregon Mutual Rates?

Did you know that many insurance companies take into account your credit score when calculating premiums? This isn't always the case (for example, Hawaii and California are two states that ban the practice entirely), but it does affect quite a few drivers out there.

The reasoning car insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so typically, they'll be asked to pay more, while those with good credit will be rewarded with less expensive prices.

So, which carrier offers the best rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with Oregon Mutual. Policyholders with "excellent" credit can save just under 30% compared to Chubb, and those with "good" scores can also expect to see savings -- around $76 or 39% cheaper every month.

Which Company is Best for Drivers with Bad Credit?

Oregon Mutual typically offers lower prices than Chubb when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about $99 a month less with Oregon Mutual compared to Chubb, and those with "poor" scores usually save an average of around $395 monthly.

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

How much you drive can have a large impact on your monthly auto insurance payment. Normally, those who drive less will end up with more affordable premiums since there's less of a chance of getting into a collision and causing an insurance claim.

Oregon Mutual tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure. Chubb's average prices for drivers with 6,000 annual miles come in about 54% more expensive than Oregon Mutual. Those who drive 12,000 miles each year can expect to pay around 54% more with Chubb over Oregon Mutual.

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

Where you live can play a considerable role in how much you pay for insurance. Generally, if you live in an urban area with more cars on the road, you'll pay a little more for auto insurance, while the opposite is true for people in rural areas.

When comparing these two companies side-by-side, Oregon Mutual typically comes out as the cheapest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, Oregon Mutual offers premiums about $151 a month compared to Chubb's $360. People who live in suburban ZIP codes can expect to pay around $138 per month for Oregon Mutual and $260 for Chubb. Lastly, those in rural areas tend to get the most affordable prices from both carriers, with average monthly rates coming in at $115 and $252 for Oregon Mutual and Chubb respectively.

Chubb vs. Oregon Mutual Discounts

Regardless of 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 possible, and the best way to do that is by utilizing as many insurance discounts as you can.

The hard part is finding all of the discounts you qualify for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

In the table below, we've taken a look at all of the different discounts Chubb and Oregon Mutual offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

You can find offers for discounts for being a defensive driver, discounts for getting driver training, and discounts for being a good student from both companies.

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

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

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

• You have a DUI charge on your record.
• You have above-average credit.
• You drive fewer than 6,000 miles yearly.

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 better idea of the difference between Chubb and Oregon Mutual. We also hope we've given you the information you need to make the best decision when it comes to 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 insurance -- comparing quotes from several companies, not just Chubb and Oregon Mutual. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance carriers in your area, all for free.

Chubb vs. Oregon Mutual FAQs

Is Chubb or Oregon Mutual cheaper?

Looking just at the national average premiums, Oregon Mutual is the cheaper of the two companies, offering average rates of $135 a month compared to $291 for Chubb. However, Oregon Mutual won't necessarily be the cheapest carrier for everyone, since there are a variety of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Chubb or Oregon Mutual?

Sadly, the answer truly is "it depends.". No one company is "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Chubb and Oregon Mutual offer me different rates?

Insurance carriers take a look at many different variables when determining the rates they charge policyholders. Things such as where you call home, gender, age, where your home is, and sometimes even things like your credit score can all come into play. Both Chubb and Oregon Mutual calculate prices using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from many different companies.

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

The only way to find the car insurance company that's right for you is by getting quotes from multiple 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 area information and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Chubb or Oregon 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.