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

Quick Facts

• Based on national averages for auto insurance, State National offers significantly cheaper rates than Chubb
• Chubb offers less expensive average prices for drivers who have less-than-stellar credit
• State National offers more affordable rates for drivers who have received a ticket within the last few years

Chubb vs. State National: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching your auto insurance. With so many ads from all sorts of companies offering big discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to Chubb or State National, but between the two, which one will save you the most?

Looking at nationwide averages, State National has average rates that are about 45% per month more affordable than those from Chubb.

That being said, that doesn't mean State National will necessarily be less expensive than Chubb for every single driver. After all, insurance companies can offer drastically different rates to each driver depending on rating factors like your credit score, your age, where you call home, or even your driving record (among other things), so prices will vary quite a bit from person to person.

Wanting to know if Chubb or State National is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Chubb or State National: Average Car Insurance Rates by State

Chubb and State National only compete against each other in California, where State National offers the cheaper average prices. For California residents, State National offers car insurance for $159 monthly on average. Chubb's average rates come out to be over 70% more expensive, at $332 per month.

There's a lot more that goes into your auto insurance cost than just your home state. Read on to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for insurance compared to older drivers. That's usually because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. As you can see above, teens who use State National save more than $300 a month compared to those who use Chubb.

However, both carriers will decrease prices by the time drivers turn 25. State National offers the steepest reduction, with 25-year-olds paying less than half what 18-year-old drivers are charged. Chubb's average rates lower nearly 55% during that same period.

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 most affordable premiums you can find.

But who has the best prices for retired drivers between Chubb and State National? State National gets the edge, with rates 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 auto insurance premiums tend to be more expensive for those who are single than they are for married policyholders. This usually boils down to married drivers having multiple cars on their policy -- something many insurance companies will reward with discounts.

When it comes to relationship status, State National is the clear winner for single drivers, with prices around $157 per month cheaper than Chubb, on average. The advantage for married couples with State National is also obvious, where drivers save more than $95 a month.

Chubb vs. State National: Average Rates by Gender

Did you know women typically pay less for car insurance than men? This is because women are less likely to get into accidents and get tickets, which lowers the chances of an insurance claim.

On average, men see rates about 4% per month higher with Chubb; women and men end up paying same monthly premiums with State National.

When it comes to the lowest rates for each gender, State National comes out on top for both men and women. On average, male drivers save about $137 a month and women save around $126 with State National compared to the average Chubb policyholder.

Chubb or State National: 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 isn't the easiest topic to understand. There are so many different limits and terms that it can make it pretty confusing to find the right policy.

But most policies end up falling into two different types of coverage -- liability only (that covers property damage and bodily injury for other drivers and their passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum liability limits, State National normally offers significantly more affordable premiums of $79 compared to Chubb's $169. When it comes to full coverage policies with similar limits, State National again has the edge, with policies about $150 per month cheaper than Chubb, on average.

Is Chubb or State National Better for Drivers with Spotty Records?

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

You'll probably end up paying more with accidents and tickets on your record, but which of these two carriers offers the cheapest prices to 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 State National generally raises premiums around $40 per month, on average.

Even so, State National has less expensive prices for drivers in both categories. Drivers with a clean record can save about $121 a month and drivers with a speeding ticket can save around $119 per month with State National.

Which Company is Best for Drivers After an Accident?

Chubb drivers who get in a collision can expect to see their rates increase by over $65, while those who have insurance through State National will see about a $40 increase.

Overall, State National offers the lowest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $142 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 State National will usually increase premiums by around 60%.

If you have a DUI on your record and are looking for more affordable rates, State National tends to be the much cheaper option with average premiums of $252 a month compared to $389 from Chubb.

How does Credit Score Impact Chubb and State National Rates?

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

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

Looking at Chubb and State National specifically, which company has the cheapest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Generally, if you have stellar credit, you can expect to be rewarded. Improving your "good" credit score to an "excellent" one will typically save Chubb customers about 15%. State National, on the other hand, doesn't have data available for credit scores, which means they most likely don't use credit to calculate your prices.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can cost you with Chubb. If your credit score is in the "poor" range, at Chubb, you may pay around 60% more a month compared to those with "fair" scores (and even more compared to drivers with good or excellent scores). Because State National doesn't have data available for credit scores, they could have better premiums for drivers with bad credit over Chubb.

Is Chubb or State National Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a pretty big impact on your monthly auto insurance bill. Generally, those who drive fewer miles will end up with more affordable prices since there's less of a chance of getting into a collision and causing an insurance claim.

For both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure, State National offers less expensive rates than Chubb. Chubb average premiums for drivers with 6,000 annual miles come in about $145 more expensive than State National. Those who drive 12,000 miles every year can expect to pay around $118 more with Chubb over State National.

Chubb vs. State National: 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 insurance, but the type of area you live in can have a substantial impact as well. Typically, those who live in rural areas will pay less than drivers in urban areas because of the small number of vehicles that are on the roads in those areas.

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

For policyholders in urban ZIP codes, State National offers premiums about $173 per month compared to Chubb's $360. People who live in suburban ZIP codes can expect to pay around $163 per month for State National 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 $143 and $252 for State National and Chubb respectively.

Chubb vs. State National 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.

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 section below, we've compared all of the different discounts offered by Chubb and State National so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Looking at the total number of discounts, Chubb comes out ahead with 15 discounts to State National's 10.

There are a couple discounts both companies offer, but Chubb also offers ABS discounts, defensive driver discounts, driver training discounts, and more that State National does not.

On the flip side, State National has a couple unique discounts of its own -- auto-pilot discounts, discounts for being a good driver, group discounts, and more.

Final Thoughts: Is Chubb or State National Best for You?

So, we've broken down the average premiums for many of the factors auto insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but when it comes down to it, which insurance company is the right carrier for you and your specific profile and needs?

State National might be best for you if....

• You're single and purchasing insurance by yourself.
• You want basic auto insurance coverage at the state minimum limits.
• You are over 65 years old and want to save some money on your car insurance.

Chubb might be best for you if...

• Your credit is below-average.
• Your credit score is high.
• You're looking for the carrier with the most discounts.

We hope this guide helps you get a better idea of the difference between Chubb and State National. 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 car insurance -- comparing quotes from a handful of companies, not just Chubb and State National. Luckily, Compare.com makes 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 carriers in your area, all in just a few minutes.

Chubb vs. State National FAQs

Is Chubb or State National cheaper?

Looking just at the national average prices, State National is the cheaper of the two companies, offering average rates of $159 a month compared to $291 for Chubb. That being said, State National won't necessarily be the lowest company for everyone, since there are a variety of different variables that are considered when it comes to your car insurance payment.

Who is better, Chubb or State National?

Sadly, the answer truly is "it depends.". Neither carrier is "better" for everyone -- it all depends on the makeup of your unique insurance profile. For example, State National offers more affordable rates for drivers with a recent DUI, while Chubb is less expensive for drivers with excellent credit.

Why do Chubb and State National offer me different rates?

Auto insurance carriers take a look at lots of different factors when determining the premiums they charge drivers. Things like where your home is, gender, where you park your car, age, and sometimes even things like your credit score can all be used. Both Chubb and State National use different formulas, so each one will most likely offer different rates. The only real way to see which company is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Chubb or State National 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, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance companies in your area. With those, you can guarantee you're getting the best price. And who knows, the best company for you might not be Chubb or State National 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.