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

Quick Facts

• Based on national averages for auto insurance, Rurual Mutual offers significantly more affordable prices than Chubb
• Chubb may help you save more money -- they offer more discounts than Rurual Mutual Insurance
• Rurual Mutual offers more affordable rates for policyholders who live in urban areas

Chubb or Rurual 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 large savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Chubb or Rurual Mutual as your top options, but between the two, which carrier has cheaper prices for car insurance?

Looking at the national average rates for both carriers, Chubb has average rates that are around 45% a month more expensive than those from Rurual Mutual.

But that doesn't mean Rurual Mutual will necessarily be less expensive than Chubb for every single driver. Auto insurance companies use a ton of complex algorithms to determine premiums, so depending on how old you are or how good your credit score is (among a multitude of other factors), you could see wildly different rates from the ones above.

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

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

Chubb and Rurual Mutual only compete against each other in Wisconsin, where Rurual Mutual offers the cheaper average prices. Rurual Mutual drivers tend to pay about $313 per month less on average compared to drivers who use Chubb for their insurance.

That being said, there are plenty of other factors that go into your auto insurance bill than just your home state. Read on to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group out there on the road. That's usually because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of almost 45% less a month by choosing Rurual Mutual over Chubb.

That being said, with both carriers, you'll see your prices drop significantly by the time you turn 25. Rurual Mutual offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. Chubb's average premiums reduce nearly 55% during that same period.

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 you'll ever see.

When looking at Chubb and Rurual Mutual specifically, which carrier is best for retired drivers? Rurual Mutual gets the edge, with premiums for drivers 65 and older $52 cheaper than the national average for Chubb.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance rates than married couples. This usually boils down to married drivers having several vehicles on their policy -- something a lot of car insurance companies will reward with discounts.

For single drivers, the difference in average prices between these two carriers is significant, with Rurual Mutual premiums coming in at about half of Chubb's. For married policyholders, the advantage is clear again - Rurual Mutual has the edge when it comes to average rates.

Chubb or Rurual Mutual: Average Rates by Gender

You may not know, but men generally pay more for auto insurance than women do. That's because women are less likely to get tickets and get into collisions, which lowers the chances of filing a claim with insurance.

With Chubb, women typically pay around 4% per month less than men, and about 6% less with Rurual Mutual.

When it comes to the lowest prices for each gender, Rurual Mutual comes out on top for both men and women. On average, women save about $123 a month and men save around $123 with Rurual Mutual compared to the average Chubb policyholder.

Chubb vs. Rurual 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, insurance can be pretty complicated. There are so many different limits and terms that it can make it pretty confusing to find the right policy for you.

However, most policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which normally refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Rurual Mutual has the significant edge, with average monthly premiums coming in at $67. If you want a full coverage policy with the same state minimum limits, Rurual Mutual again has the edge, with policies averaging about $267 per month to Chubb's $412.

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

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

Speeding tickets and collisions will most likely raise your rates, but is Chubb or Rurual Mutual more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Chubb for their insurance can typically expect their monthly bill to go up around 15% after getting a speeding ticket. Rurual Mutual policyholders can expect a less drastic increase of about 8%.

That being said, Rurual Mutual tends to offer the best prices for both drivers who have a recent ticket and those with clean records -- their rates are around 48% less expensive for drivers with clean records and 51% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both companies will raise prices pretty significantly if you get into an at-fault collision with Chubb increasing by around 23%. Rurual Mutual has a less extreme climb, but you can still expect to pay nearly 15% more than you were prior to your first accident.

At the end of the day, Rurual Mutual offers the cheapest rates for drivers with an at-fault collision on their records, with average premiums coming in at $136 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 speeding ticket when it comes to your auto insurance bill. On average, Rurual Mutual will raise your prices about 59% after a DUI, while Chubb's average rates rise by just under 45%.

But if you end up with a DUI charge and are looking for more affordable prices, Rurual Mutual tends to be less expensive for the average driver, with monthly premiums coming in at around $288 to Chubb's $389.

How does Credit Score Impact Chubb and Rurual Mutual Rates?

In many cases, your credit score can be used as one of the variables to calculate your monthly car insurance premiums. Certain states and carriers do not allow for credit score to be used as an auto insurance factor, but it does affect quite a few drivers out there.

The reasoning auto insurance companies use is that policyholders 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 specifically at Chubb and Rurual Mutual, which one has the lowest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, Rurual Mutual will usually reward you the most. For policyholders with "excellent" credit scores, Rurual Mutual comes in nearly 24.39 cheaper. Drivers with "good" credit scores normally save about 29% with Rurual Mutual compared to average premiums from Chubb.

Which Company is Best for Drivers with Bad Credit?

Rurual Mutual typically offers lower rates than Chubb when it comes to drivers with bad credit. Drivers with "fair" credit pay around 22% a month less with Rurual Mutual compared to Chubb, and those with "poor" scores generally save an average of about 60% monthly.

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

How much you drive can have a large impact on your monthly premiums. That's because the fewer miles you put on your car each year, 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 Rurual Mutual charges. However, there's a small difference in monthly prices for Chubb, with drivers who put 6,000 miles on their vehicle annually paying around $10 less every month compared to those who drive 12,000 miles each year. Still, for drivers in both categories, Rurual Mutual is the less expensive company.

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

Where you park your car can play a substantial role in how much you pay for car insurance. Normally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because of the small number of vehicles that are on the roads where they live.

Rurual Mutual boasts the most affordable average premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, Rurual Mutual Insurance's average prices are about 41% less than Chubb. People who live in suburban areas pay around 49% less with Rurual Mutual compared to Chubb. Those in rural areas can expect to save about 37% with Rurual Mutual compared to Chubb.

Chubb vs. Rurual 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. That's where auto insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be difficult to find all the ones you're eligible for or to nail down the carrier that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Chubb and Rurual Mutual so that you can see which company can save you the most money each month.

Chubb blows Rurual Mutual away when it comes to the sheer amount of discounts available, offering nine more discounts than Rurual Mutual.

There are a couple discounts both carriers offer, but Chubb also offers discounts for ABS, anti-theft, defensive driver, and more.

On the other hand, Rurual Mutual has a few proprietary discounts of their own for things like claim free discounts, group discounts, and paid in full discounts.

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

So, we've broken down the average rates for many of the factors car insurance companies look at, and walked through the different discounts each company offers, too. But, when it comes down to it, is Chubb or Rurual Mutual the best one for you and your specific profile and needs?

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

• Your driving record contains an at-fault collision.
• Your neighborhood is in the suburbs.
• You want to save money while purchasing insurance for a teenager.

Chubb might be best for you if...

• You want to save extra money with discounts.

Hopefully, this guide helps you get a good idea of the differences between Chubb and Rurual Mutual and that you can now make a more informed 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 car insurance -- comparing quotes from several carriers, not just Chubb and Rurual Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Chubb vs. Rurual Mutual FAQs

Is Chubb or Rurual Mutual cheaper?

Rurual Mutual is the more affordable of the two carriers when looking at national average prices, with policies averaging $167 per month with Rurual Mutual and $291 for Chubb. Even so, that doesn't mean Rurual Mutual will be the cheapest carrier for everyone, since there are a bunch of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Chubb or Rurual Mutual?

Unfortunately, the answer truly is "it depends.". One company is not "better" for every policyholder -- it all depends on the makeup of your unique car insurance profile.

Why do Chubb and Rurual Mutual offer me different rates?

Auto insurance companies use lots of different factors when determining the premiums they charge. Things such as age, gender, your driving record, where you call home, and sometimes even things like your credit score can all be used. Both Chubb and Rurual 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 a variety of different carriers.

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

The only way to find the insurance company 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, 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 carriers for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Chubb or Rurual 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.