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

Quick Facts

• In general, Chubb offers significantly more affordable rates than Utica National
• Chubb offers more affordable prices for policyholders who have a clean record
• Utica National may help you save more money -- they offer more discounts than Chubb

Chubb or Utica National: 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 substantial savings. But exactly how much can you save by switching?

You might have narrowed it down to Chubb or Utica National as potential options, but between the two, which company has less expensive premiums for insurance?

Looking at the national average rates for both carriers, Utica National has average rates that are around 25% a month more expensive than those from Chubb.

But that doesn't necessarily mean Chubb will be the cheaper option for every single driver. Car insurance companies use a variety of complex algorithms to determine rates, so depending on how good your credit score is or where you live (among many other factors), you could see wildly different prices from the ones above.

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

Chubb vs. Utica National: Average Car Insurance Rates by State

Chubb and Utica National only compete against each other in New York, where Chubb offers the cheaper average rates. Chubb drivers tend to pay about $70 per month less on average compared to drivers who use Utica National for their insurance.

That being said, there are plenty of other factors that go into your auto insurance payment than just the state you live in. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance prices of any other group of drivers. It's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use Chubb save over 10% a month compared to those who use Utica National.

That being said, both carriers will drop premiums once you turn 25. For example, average rates for Chubb policyholders lower almost 55% and Utica National's prices reduce more than 45% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the lowest auto insurance premiums you can find. After all, they've likely been driving for quite some time, which generally reduces their chances of collisions and other infractions that can raise prices.

But who has the best rates for retired drivers between Chubb and Utica National? Chubb gets the edge, with premiums for drivers 65 and older $125 more affordable than the national average for Utica National.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive insurance rates than married couples. That's normally because married drivers tend to own and insure more than one vehicle, which can often earn you a discount.

For single drivers, the difference in average prices between these two companies is significant, with Chubb rates coming in at a quarter less than Utica National's. For married policyholders, the advantage is clear again - Chubb has the edge when it comes to average prices.

Chubb or Utica National: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision. That means when it comes to auto insurance men will typically end up paying a little more.

On average, men see premiums about 4% per month higher with Chubb, and around 7% with Utica National.

Looking at overall affordability, Chubb offers the cheapest average prices for both men and women. On average, women save about $94 a month and men save about $113 with Chubb compared to the average Utica National policyholder.

Chubb vs. Utica 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.

It's no secret that car insurance can be pretty complicated. There are multiple different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages in addition to liability).

Looking specifically at state minimum limits for liability insurance, Chubb has the edge, with average monthly rates coming in at $169. If you want a full coverage policy with the same state minimum limits, Chubb again has the edge, with policies averaging around $412 per month to Utica National's $592.

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

You've probably seen plenty of commercials from auto insurance carriers offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

It's no secret secret that speeding tickets and at-fault accidents lead to higher prices, but which carrier -- Chubb or Utica National -- has the most affordable premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Chubb for their car insurance can normally expect their monthly bill to go up about 15% after getting a speeding ticket. Utica National policyholders can expect a bit more drastic of an increase of around 16%.

Even so, Chubb tends to offer the best prices for both drivers who have clean records and those with a recent ticket, offering rates that are 27% and 28% cheaper, respectively, compared to Utica National.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Chubb can expect to see about an $67 -- or around 23% -- rise in their auto insurance premiums. Drivers who use Utica National for their car insurance will see a monthly bill about $58 (or 16%) more expensive after reporting an accident to their insurance company.

At the end of the day, drivers who use Chubb end up with the cheaper prices after an accident, with average rates coming in at $290 compared to Utica National's $362.

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 speeding ticket or even a collision. On average, Utica National will raise your prices around 45% after a DUI, while Chubb's average premiums climb by nearly 45%.

But if you end up with a DUI charge and are looking for more affordable rates, Chubb tends to be less expensive for the average driver, with monthly premiums coming in at about $389 to Utica National's $548.

How does Credit Score Impact Chubb and Utica National Rates?

You may not realized it, but your credit score can be used as one of the factors to calculate your monthly auto insurance prices. This isn't true for everyone (for example, Massachusetts and Hawaii are two states that ban the practice entirely), but it does affect many drivers out there.

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

Looking specifically at Chubb and Utica National, which one has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, Chubb will typically reward you the most. For policyholders with "excellent" credit scores, Chubb comes in just under 58.38 less expensive. Drivers with "good" credit scores normally save around 50% with Chubb compared to average prices from Utica National.

Which Company is Best for Drivers with Bad Credit?

If you have bad credit, it can be somewhat of a toss-up as far as which company offers you the best premiums. Drivers with "fair" credit pay about 42% less with Chubb than Utica National, but those whose credit is considered "poor" have it flipped -- saving around 30% a month with Utica National.

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

The amount of time you spend behind the wheel of your car plays a big role in how much insurance carriers will charge for coverage. 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 Utica National charges. However, there's a small difference in monthly rates for Chubb, with policyholders who drive 6,000 miles yearly paying about $10 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Chubb is the more affordable carrier.

Chubb or Utica National: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a big role in how much you pay for auto insurance. Usually, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

Chubb boasts the lowest average prices for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, Chubb's average premiums are around 32% less than Utica National. People who live in suburban areas pay about 18% less with Chubb compared to Utica National. Those in rural areas can expect to save around 24% with Chubb compared to Utica National.

Chubb vs. Utica National 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 auto insurance discounts as possible.

The challenging part is finding all of the discounts you qualify for, 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 Utica National so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, Utica National has advantage when it comes to total number of discounts. Chubb offers a grand total of 15 discounts, while Utica National has 18.

Both companies offer several of the same discounts -- like discounts for being a defensive driver, discounts for getting driver training, and multi-policy discounts -- but Utica National also offers discounts for EFT, ESC, greenhouse gas, and more.

On the other hand, Chubb has a few proprietary discounts of their own for things like distant student discounts, driver-vehicle combination discounts, mature driver discounts, and more.

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

So, we've broken down the average prices for many of the variables insurance carriers look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, is Chubb or Utica National the right one for you and your specific needs?

Chubb might be best for you if....

• Your driving record contains an at-fault collision.
• Your neighborhood is in the suburbs.
• You're of retirement age and want to take advantage of lower rates.

Utica National 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 Utica National and that you can now make a more informed decision when it comes to your car 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 auto insurance -- comparing quotes from a handful of companies, not just Chubb and Utica National. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance carriers in your area, all in just a few minutes.

Chubb vs. Utica National FAQs

Is Chubb or Utica National cheaper?

Chubb is the less expensive of the two companies when looking at national average premiums, with policies averaging $291 per month with Chubb and $394 for Utica National. However, that doesn't mean Chubb will be the most affordable carrier for each driver, since there are a variety of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Chubb or Utica National?

Unfortunately, the real answer is "it depends.". Neither company is "better" for everyone -- it all comes down to what your unique insurance profile looks like. For example, Utica National is cheaper for drivers who have less-than-stellar credit scores, while Chubb offers more affordable rates for policyholders with an at-fault accident on their record.

Why do Chubb and Utica National offer me different rates?

Car insurance carriers use lots of different variables when determining the prices they charge. Factors like your driving record, gender, where you live, age, and sometimes even things like your credit score can all be taken into consideration. Both Chubb and Utica National calculate rates using different variables, so it's likely they'll offer different prices. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Chubb or Utica National is right for me?

The only way to find the insurance company 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 do all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top auto insurance companies for free. With those, you can guarantee you're getting the lowest rate. And maybe you'll find that the best carrier for you isn't Chubb or Utica National 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.