Chubb vs. United Financial Casualty Company: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, United Financial Casualty Company offers significantly more affordable premiums than Chubb
• United Financial Casualty Company has cheaper rates for residents of urban areas
• United Financial Casualty Company offers more affordable premiums for drivers who have received a ticket within the last few years

Chubb vs. United Financial Casualty Company: Which Company has the Cheapest Car Insurance?

So, you're thinking about switching your auto insurance. After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You've maybe even narrowed it down to Chubb or United Financial Casualty Company for your next policy, but which carrier will offer you less expensive prices?

Looking at the national average rates for both companies, United Financial Casualty Company is quite a bit cheaper than Chubb, with rates averaging $133 per month compared to $291 with Chubb.

That being said, that doesn't mean United Financial Casualty Company will necessarily be more affordable than Chubb for every driver. Auto insurance carriers use tons of complex algorithms to calculate premiums, so depending on how old you are or where you live (among a lot of other factors), you could see wildly different rates from the ones above.

Luckily, we've broken down average prices from both Chubb and United Financial Casualty Company by a range of different rate factors, so read on to find out which company is the best for you.

Chubb or United Financial Casualty Company: Average Car Insurance Rates by State

Chubb and United Financial Casualty Company only compete against each other in one states, with United Financial Casualty Company offering cheaper premiums to the average driver in all of them. California has the most noticable difference, where United Financial Casualty Company rates are over 70% less expensive than car insurance prices at Chubb.

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

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for car insurance compared to older drivers. That's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

However, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. For example, 18-year-old drivers pay an average of more than $300 less a month by choosing United Financial Casualty Company over Chubb.

Even so, both companies will lower premiums by the time you turn 25. United Financial Casualty Company offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Chubb's average prices reduce nearly 55% during that same period.

Which is the Best Company for Retired Drivers?

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

When looking at Chubb and United Financial Casualty Company specifically, which carrier is best for retired drivers? United Financial Casualty Company gets the edge, with prices for drivers 65 and older almost 50% cheaper than the national average for Chubb.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance premiums tend to be more affordable for married drivers than they are for single policyholders. That's because policies for married couples typically cover more than one car, which a lot of carriers will offer you a discount for.

When it comes to relationship status, United Financial Casualty Company is the clear winner for those who are single, with rates about $177 per month less expensive than Chubb, on average. The advantage for married policyholders with United Financial Casualty Company is also obvious, where drivers save nearly 60% a month.

Chubb vs. United Financial Casualty Company: Average Rates by Gender

Men are statistically more likely than women to get speeding tickets and get into collisions, which means they'll normally end up paying more for insurance than women.

With Chubb, women typically pay over $10 per month less than men, and around $2 with United Financial Casualty Company.

Looking at the data for each company specifically, United Financial Casualty Company comes out on top for both men and women, with average prices $162 less for men and $153 cheaper for women.

Chubb or United Financial Casualty Company: 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 coverages and limits that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to liability).

If you're looking for state minimum liability insurance, United Financial Casualty Company usually offers significantly more affordable rates of $79 compared to Chubb's $169. When it comes to full coverage policies with similar limits, United Financial Casualty Company again has the edge, with policies about $250 a month cheaper than Chubb, on average.

Is Chubb or United Financial Casualty Company 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.

It's no secret secret that accidents and tickets lead to higher premiums, but which carrier -- Chubb or United Financial Casualty Company -- has the most affordable prices for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Chubb policyholders can expect their rates to go up an average of $38 per month if they get a ticket, while United Financial Casualty Company normally raises prices around $34 a month, on average.

But United Financial Casualty Company tends to offer the best prices for drivers both with a speeding ticket and with a clean record, offering premiums that are $120 and $124 less expensive, respectively, compared to Chubb.

Which Company is Best for Drivers After an Accident?

Chubb drivers who get in a collision can expect to see their prices increase by just under 25%, while those who have insurance through United Financial Casualty Company will see about a 35% increase.

Overall, the more affordable premiums come from United Financial Casualty Company, with monthly rates averaging $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 an accident. For example, Chubb increases average premiums by over $150 per month -- that's just under a 45% increase.

If you have a DUI on your record and are looking for more affordable prices, United Financial Casualty Company tends to be the much cheaper option with average rates of $134 a month compared to $389 from Chubb.

How does Credit Score Impact Chubb and United Financial Casualty Company Rates?

Often times, your credit score can come into play when companies determine your monthly bill. This isn't always the case (for example, Michigan and California are two states that ban the practice entirely), but it does affect several policyholders out there.

Insurance carriers argue that those with good credit scores are more likely to pay their bills on time each month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

Looking at Chubb and United Financial Casualty Company specifically, which company has the cheapest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with United Financial Casualty Company. Policyholders with "excellent" credit can save over 35% compared to Chubb, and those with "good" scores can also expect to see savings -- around $77 or 39% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

United Financial Casualty Company typically offers lower rates than Chubb when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about $87 a month less with United Financial Casualty Company compared to Chubb, and those with "poor" scores generally save an average of around $394 monthly.

Is Chubb or United Financial Casualty Company Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a large impact on how much car insurance companies will charge for coverage. Normally, those who drive fewer miles will end up with cheaper premiums 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, United Financial Casualty Company tends to be the more affordable option. Chubb's average prices for drivers with 6,000 annual miles come in nearly 55% more expensive than United Financial Casualty Company. Those who drive 12,000 miles each year can expect to pay just under 55% more with Chubb over United Financial Casualty Company.

Chubb vs. United Financial Casualty Company: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can have a substantial impact on your monthly auto insurance bill. Usually, those who live in rural areas will pay less than drivers in urban areas because of the small number of cars that are on the roads in those areas.

United Financial Casualty Company tends to offer the lowest rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, United Financial Casualty Company offers premiums about $139 per month compared to Chubb's $360. People who live in suburban ZIP codes can expect to pay around $134 per month for United Financial Casualty Company 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 $125 and $252 for United Financial Casualty Company and Chubb respectively.

Chubb vs. United Financial Casualty Company Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be hard to find all the ones you qualify for.

In the table below, we've taken a look at all of the different discounts Chubb and United Financial Casualty Company offer their customers so that you can find the one that has the most discounts and, therefore, the biggest savings.

Looking at the total number of discounts, United Financial Casualty Company comes out ahead with 18 discounts to Chubb's 15.

Both companies offer quite a few of the same discounts -- like discounts for being a defensive driver, discounts for being a good student, and mature driver discounts -- but United Financial Casualty Company also offers continuous insurance discounts, e-signature discounts, EFT discounts, and more that Chubb does not.

On the flip side, Chubb has a couple unique discounts of its own -- ABS discounts, discounts for getting driver training, driver-vehicle combination discounts, and more.

Final Thoughts: Is Chubb or United Financial Casualty Company Best for You?

So, we've broken down the average premiums for many of the factors car insurance carriers look at, and we've shown you all the discounts each carrier offers. But, when it comes down to it, is Chubb or United Financial Casualty Company the best carrier for you, your vehicle, and your wallet?

United Financial Casualty Company might be best for you if....

• You have a DUI charge on your record.
• You want basic insurance coverage at the state minimum limits.
• You don't spend much time in your car.

Chubb might be best for you if...

• You have a more unique driver profile than those we mentioned above.

We hope this guide has ben a valuable resource as you compare Chubb and United Financial Casualty Company and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Chubb and United Financial Casualty Company. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance carriers in your area, all in just a few minutes.

Chubb vs. United Financial Casualty Company FAQs

Is Chubb or United Financial Casualty Company cheaper?

Looking just at the national average rates, United Financial Casualty Company is the less expensive of the two companies, offering average rates of $133 a month compared to $291 for Chubb. However, United Financial Casualty Company won't necessarily be the lowest company for everyone, since there are several different variables that are considered when it comes to your car insurance cost.

Who is better, Chubb or United Financial Casualty Company?

Unfortunately, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for every driver -- it all comes down to what your unique auto insurance profile looks like.

Why do Chubb and United Financial Casualty Company offer me different rates?

Insurance carriers take a look at many different factors when calculating the prices they charge drivers. Things such as gender, your driving record, where your home is, age, and sometimes even things like your credit score can all be used. Both Chubb and United Financial Casualty Company use different formulas, so each one will most likely offer different premiums. The only real way to see which company is the cheapest for you is by comparing personalized quotes from many different companies.

How do I know if Chubb or United Financial Casualty Company is right for me?

The only way to find the car 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 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 rate. And who knows, the best company for you might not be Chubb or United Financial Casualty Company 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.