First American Property & Casualty vs. Metlife: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, First American Property & Casualty offers significantly more affordable rates than Metlife
• First American Property & Casualty offers more affordable premiums for drivers who have a speeding ticket on their driving record
• Metlife may help you save more money -- they offer more discounts than First American Property & Casualty

First American Property & Casualty or Metlife: 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 it down to First American Property & Casualty or Metlife for your next policy, but which carrier will save you the most?

Looking at the national average rates for both carriers, Metlife is quite a bit more expensive than First American Property & Casualty, with prices averaging $340 a month compared to just $167 with First American Property & Casualty.

Even so, First American Property & Casualty may not be the lowest or best option for every single driver out there. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like your credit score, your driving record, your age, or even where you call home (among other things), so rates could change drastically from person to person.

Wanting to know if First American Property & Casualty or Metlife is really the right company for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

First American Property & Casualty vs. Metlife: Average Car Insurance Rates by State

First American Property & Casualty and Metlife only compete against each other in California, where First American Property & Casualty offers the cheaper average premiums. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their car insurance.

There's a lot more that goes into your insurance payment than just where you live. Read on to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for auto insurance than any other group of drivers out there on the road. Typically, that's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But that doesn't mean teen drivers can't still save money on their insurance. As you can see above, teens who use First American Property & Casualty save over 65% a month compared to those who use Metlife.

That being said, with both carriers, you'll see your rates drop significantly by the time you turn 25. For example, average prices for First American Property & Casualty policyholders reduce more than 55% and Metlife's premiums decrease over 70% over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between First American Property & Casualty and Metlife? First American Property & Casualty gets the edge, with rates for drivers 65 and older $84 less expensive than the national average for Metlife.

Which is the Best Company for Married Drivers?

Did you know that insurance prices are normally cheaper for married couples than they are for those who are single? That's generally because married policyholders tend to own and insure more than one vehicle, which can often earn you a discount.

For single policyholders, the difference in average rates between these two companies is significant, with First American Property & Casualty premiums coming in at around half of Metlife's. For married drivers, the advantage is clear again - First American Property & Casualty has the edge when it comes to average prices.

First American Property & Casualty or Metlife: Average Rates by Gender

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

Women and men get the same monthly premiums with First American Property & Casualty, and about $30 with Metlife.

Looking at the data for each carrier specifically, First American Property & Casualty comes out as the cheapest option for both genders. On average, women save about $159 per month and men save around $187 with First American Property & Casualty compared to the average Metlife policyholder.

First American Property & Casualty vs. Metlife: 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, auto insurance isn't the easiest topic to understand. Everyone needs insurance, but there are so many different terms and limits that it can be hard to find the right policy for you.

However, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which usually refers to having collision and comprehensive coverages in addition to what you get with liability coverage).

Looking specifically at state minimum liability insurance, First American Property & Casualty has the significant edge, with average monthly rates coming in at $70. If you want a full coverage policy with the same state minimum limits, First American Property & Casualty again has the edge, with policies averaging about $263 a month to Metlife's $466.

Is First American Property & Casualty or Metlife 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.

It's no secret secret that speeding tickets and collisions lead to higher premiums, but which company -- First American Property & Casualty or Metlife -- 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 First American Property & Casualty for their insurance can typically expect their monthly bill to go up around 18% after getting a speeding ticket. Metlife policyholders can expect a bit more drastic of an increase of about 21%.

Even so, First American Property & Casualty tends to offer the best prices for drivers both with clean records and with a ticket. With First American Property & Casualty, drivers with a clean record can save around $101 per month and drivers with a speeding ticket can save about $134 a month.

Which Company is Best for Drivers After an Accident?

Both carriers will raise rates pretty significantly if you get into an at-fault collision with Metlife raising by around 40%. First American Property & Casualty has a less extreme climb, but you can still expect to pay nearly 20% more than you were prior to your first accident.

At the end of the day, drivers who use First American Property & Casualty end up with the cheaper prices after an accident, with average premiums coming in at $145 compared to MetLife's $368.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your auto insurance bill. For example, Metlife increases average rates by more than $250 per month -- that's more than a 55% increase.

How does Credit Score Impact First American Property & Casualty and Metlife Rates?

You may not have known, but your credit score can come into play when companies determine your monthly bill. This isn't true for everyone (for example, California and Hawaii are two states that ban the practice entirely), but it does affect quite a few drivers out there.

Car insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with less expensive prices.

Looking at First American Property & Casualty and Metlife specifically, which one has the lowest premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Usually, if you have great credit, you can expect to be rewarded. Jumping from a "good" credit score to an "excellent" one will generally save MetLife customers about $50. First American Property & Casualty, 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?

Having bad credit usually means you'll also see higher rates with MetLife. If your credit score is in the "poor" range, at MetLife, you may pay around 35% more a month compared to those with "fair" scores (and even more compared to drivers with good or excellent scores). First American Property & Casualty, on the other hand, doesn't have data available for credit scores, which means drivers with bad credit might find better rates with First American Property & Casualty over MetLife.

Is First American Property & Casualty or Metlife Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a substantial impact on how much insurance companies will charge for coverage? Typically, the more milage you put on your car each year, the more you can expect to pay for auto insurance.

For both remote workers and those taking short commutes, First American Property & Casualty offers more affordable premiums than Metlife. Metlife average prices for drivers with 6,000 annual miles come in about $198 more expensive than First American Property & Casualty. Those who drive 12,000 miles yearly can expect to pay around $150 more with Metlife over First American Property & Casualty.

First American Property & Casualty or Metlife: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can play a sizable role in how much you pay for car insurance. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

First American Property & Casualty boasts the most affordable average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, First American Property & Casualty's average rates are about 56% less than MetLife. People who live in suburban areas pay around 44% less with First American Property & Casualty compared to Metlife. Those in rural areas can expect to save about 53% with First American Property & Casualty compared to Metlife.

First American Property & Casualty vs. Metlife Discounts

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

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both First American Property & Casualty and Metlife so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Metlife knocks First American Property & Casualty out of the park when it comes to the sheer number of discounts available, offering 36 different discounts to First American Property & Casualty's 36.

Both carriers offer quite a few of the same discounts -- like distant student discounts, discounts for being a good student, group discounts, and multi-policy discounts -- but Metlife also offers discounts for AAA, ABS, academic, and more.

First American Property & Casualty's discounts come through just a few categories, including Anti-Theft, Distant Student, Good Driving, and more.

Final Thoughts: Is First American Property & Casualty or Metlife Best for You?

So, we've broken down the average prices for many of the variables car insurance companies look at, and we've shown you all the discounts each company offers. But, at the end of the day, which insurance carrier is the best carrier for you and your specific profile and needs?

First American Property & Casualty might be best for you if....

• Your driving record contains an at-fault accident.
• Your neighborhood is in a rural area.
• You're of retirement age and want to take advantage of lower premiums.

Metlife might be best for you if...

• You're worried about the impact your credit score will have on your rates.
• You have above-average credit.
• You're looking for discounts -- Metlife has the most.

Hopefully, this guide has ben a valuable resource as you compare First American Property & Casualty and Metlife and that you can now make a more informed 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 car insurance policy is to compare quotes from a handful of carriers, not just First American Property & Casualty and Metlife. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top auto insurance companies in your area, all in just a few minutes.

First American Property & Casualty vs. Metlife FAQs

Is First American Property & Casualty or Metlife cheaper?

First American Property & Casualty is the cheaper of the two carriers when looking at national average prices, with policies averaging $167 per month with First American Property & Casualty and $340 for Metlife. That being said, that doesn't mean First American Property & Casualty will be the lowest company for each policyholder, since there are several different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, First American Property & Casualty or Metlife?

Unfortunately, the real answer is "it depends.". One carrier is not necessarily "better" for everyone -- it all comes down to what your unique insurance profile looks like. For example, Metlife is less expensive for drivers who have less-than-stellar credit scores, while First American Property & Casualty offers more affordable premiums for drivers with an at-fault collision on their record.

Why do First American Property & Casualty and Metlife offer me different rates?

Auto insurance companies use a lot of different variables when determining the rates they charge. Things like where you live, where your home is, gender, age, and sometimes even things like your credit score can all be used. Both First American Property & Casualty and Metlife use different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from lots of different carriers.

How do I know if First American Property & Casualty or Metlife is right for me?

The only way to find the car insurance carrier 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 area information 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 best premium. And maybe you'll find that the best company for you isn't First American Property & Casualty or Metlife 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.