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

Quick Facts

• In general, Rockford Mutual offers significantly cheaper rates than Chubb
• Chubb may help you save more money -- they offer more discounts than Rockford Mutual Insurance Company
• Rockford Mutual offers more affordable premiums for policyholders who live in suburban areas

Chubb or Rockford Mutual: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. With so many ads from all sorts of companies offering huge savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Chubb or Rockford Mutual as potential options, but which carrier will offer you less expensive rates?

Looking at the national average rates for both carriers, Rockford Mutual is quite a bit cheaper than Chubb, with prices averaging $169 a month compared to $291 with Chubb.

Even so, that doesn't necessarily mean Rockford Mutual will be the more affordable option for every single driver. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like your credit score, where you call home, your driving record, or even your age (among other things). So, at the end of the day, premiums from each carrier will differ quite a bit from person to person.

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

Chubb vs. Rockford Mutual: Average Car Insurance Rates by State

Chubb and Rockford Mutual only compete against each other in one states, with Rockford Mutual offering less expensive rates to the average driver in all of them. Wisconsin has the most noticable difference, where Rockford Mutual premiums are $331 cheaper than insurance prices at Chubb.

But there's more to auto insurance than just your home state. As we mentioned above, there's a lot of things that go into how car insurance carriers determine your premiums. Read on to learn more.

Which is the Best Company For Young Drivers?

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

That being said, that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Rockford Mutual for their car insurance pay over 35% less than those who use Chubb.

However, both companies will decrease prices by the time drivers turn 25. For example, average rates for Chubb policyholders lower almost 55% and Rockford Mutual's premiums drop more than 65% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the cheapest insurance prices you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for auto insurance.

But who has the best rates for retired drivers between Chubb and Rockford Mutual? Rockford Mutual gets the edge, with premiums for drivers 65 and older over 35% more affordable than the national average for Chubb.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be more expensive for single policyholders than they are for married drivers. That's because policies for married policyholders typically cover more than one vehicle, which quite a few carriers will give you a discount for.

For those who are single, the difference in average rates between these two companies is significant, with Rockford Mutual prices coming in at a third less than Chubb's. The advantage for married couples with Rockford Mutual is also obvious, where drivers save more than 45% per month.

Chubb or Rockford Mutual: Average Rates by Gender

Women tend to pay less for insurance than men. That's because women are less likely to get into collisions and get speeding tickets, which lowers the chances of filing a claim with insurance.

Women generally pay around $10 a month less than men with Chubb, but with Rockford Mutual, the difference is closer to $16 per month.

Looking at overall affordability, Rockford Mutual comes out as the lowest option for both genders. On average, male drivers save about $119 a month and women save about $124 with Rockford Mutual compared to the average Chubb policyholder.

Chubb vs. Rockford 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.

Auto insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

But the most common policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers and their 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, Rockford Mutual has the significant edge, with average monthly premiums coming in at $88. If you want a full coverage policy with the same state minimum limits, Rockford Mutual again has the edge, with policies averaging around $251 per month to Chubb's $412.

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

It's no secret -- drivers with good records end up getting the best deals on their auto 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 carrier -- Chubb or Rockford Mutual -- has the most affordable prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Chubb for their insurance can normally expect their monthly bill to go up about 15% after getting a speeding ticket. Rockford Mutual policyholders can expect a bit more drastic of an increase of around 29%.

Even so, Rockford Mutual tends to offer the best prices for drivers both with a ticket and with a clean record. With Rockford Mutual Insurance Company, drivers with a clean record can save about $103 a month and drivers with a speeding ticket can save around $91 per month.

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 Rockford Mutual will see about a $40 increase.

At the end of the day, Rockford Mutual offers the cheapest rates for drivers with an at-fault collision on their records, with average premiums coming in at $158 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 prices around 43% after a DUI, while Rockford Mutual's average rates increase by nearly 50%.

But if you end up with a DUI charge and are looking for more affordable prices, Rockford Mutual tends to be less expensive for the average driver, with monthly premiums coming in at about $229 to Chubb's $389.

How does Credit Score Impact Chubb and Rockford Mutual Rates?

Did you know many car insurance carriers take into account your credit score when determining rates? Certain states and companies do not allow for credit score to be used as an insurance factor, but it does affect lots of policyholders out there.

The reasoning insurance carriers 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 premiums.

Looking at Chubb and Rockford 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 solid credit score, Rockford Mutual will typically reward you the most. For drivers with "excellent" credit scores, Rockford Mutual comes in just under 17.68 cheaper. Drivers with "good" credit scores normally save around 28% with Rockford Mutual compared to average rates from Chubb.

Which Company is Best for Drivers with Bad Credit?

Rockford Mutual typically offers lower premiums than Chubb when it comes to drivers with bad credit. Drivers with "fair" credit pay about 25% a month less with Rockford Mutual compared to Chubb, and those with "poor" scores usually save an average of around 60% monthly.

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

How much you drive can have a large impact on your monthly rates. That's because the fewer miles you put on your car, the less likely you are to be in an accident and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Rockford Mutual charges. However, there's a small difference in monthly prices for Chubb, with policyholders who drive the least paying about $10 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Rockford Mutual is the less expensive company.

Chubb or Rockford Mutual: 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 car insurance, but the type of area you live in can have a considerable impact as well. 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.

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

In urban areas, Rockford Mutual's average rates are around $233 while Chubb offers premiums about $360. People in suburban areas pay around $131 with Rockford Mutual compared to Chubb's $260 a month. If you live in a rural area, you can expect to pay about $144 per month with Rockford Mutual compared to Chubb's $252.

Chubb vs. Rockford Mutual 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, and the best way to do that is by taking advantage of as many car insurance discounts as possible.

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

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

Chubb knocks Rockford Mutual out of the park when it comes to the sheer number of discounts available, offering 15 different discounts to Rockford Mutual's eight.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a good student, and renewal discounts. Chubb also offers discounts for ABS, distant student, driver training, and more.

On the other hand, Rockford Mutual has a few proprietary discounts of their own for things like good driving discounts, homeowner discounts, and multi-car discounts.

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

You've seen the role certain variables have on your auto insurance and the different discounts companies offer. But, when it comes down to it, which insurance carrier is the right company for you, your vehicle, and your wallet?

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

• You want to save money on your car insurance after a collision.
• You're looking for the best prices on liability only coverage.
• You're of retirement age and want to take advantage of lower premiums.

Chubb might be best for you if...

• You're looking for the company with the most discounts.

Hopefully, this guide helps you get a good idea of the differences between Chubb and Rockford Mutual. We also hope we've given you the information you need to make the best decision when it comes to 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 a handful of carriers, not just Chubb and Rockford Mutual. 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 insurance companies in your area, all in just a few minutes.

Chubb vs. Rockford Mutual FAQs

Is Chubb or Rockford Mutual cheaper?

Rockford Mutual is the cheaper of the two carriers when looking at national average rates, with policies averaging $169 per month with Rockford Mutual and $291 for Chubb. However, that doesn't mean Rockford Mutual will be the lowest carrier for each driver, 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 Rockford Mutual?

Unfortunately, the answer truly is "it depends.". No one company is "better" for every policyholder -- it all depends on what your unique car insurance profile looks like.

Why do Chubb and Rockford Mutual offer me different rates?

Auto insurance companies use a lot of different variables when calculating the prices they charge. Things like where you live, age, gender, where your home is, and sometimes even things like your credit score can all be used. Both Chubb and Rockford Mutual calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from many different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code 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 price. And maybe you'll find that the best carrier for you isn't Chubb or Rockford Mutual 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.