Memberselect vs. Metlife: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for insurance, Memberselect offers less expensive premiums than Metlife
• Memberselect offers more affordable prices for residents of rural areas
• Metlife offers more discounts than MemberSelect Insurance Company

Memberselect vs. Metlife: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Memberselect or Metlife for your next policy, but between the two, which company will offer you cheaper rates?

As you can see, Metlife is about $66 more per month than Memberselect when looking at the national average rates for auto insurance.

But that doesn't mean Memberselect will necessarily be more affordable than Metlife for every single driver. Insurance companies vary their prices depending on things like how clean your driving record is, how good your credit score is, how old you are, where you live, and a ton of other factors, so premiums will differ quite a bit from person to person.

So, if you want to find out which of Memberselect or Metlife is really the best for you, keep reading to see average prices for each company broken down by a range of different rate factors.

Memberselect or Metlife: Average Car Insurance Rates by State

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There's a lot more that goes into your auto insurance bill than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance rates of any other group of drivers. That's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean that teen drivers have to just accept sky-high auto insurance premiums. As you can see above, teens who use Memberselect save more than $500 a month compared to those who use Metlife.

Even so, both carriers will offer you dramatically lower prices once you turn 25.

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 lowest rates you'll ever see.

But who has the best prices for retired drivers between Memberselect and Metlife? Metlife gets the edge here, with average premiums coming in at around $205 a month compared to Memberselect's $238.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance rates tend to be more expensive for single drivers than they are for married drivers. That's because policies for married policyholders usually cover multiple cars, which lots of companies will offer you a discount for.

When it comes to relationship status, Memberselect is the clear winner for single policyholders, with prices about $129 per month cheaper than Metlife, on average. But for married couples, that advantage is much less clear - Metlife has the edge when it comes to average premiums.

Memberselect vs. Metlife: Average Rates by Gender

Because men are more likely to get into accidents and get tickets, they have an increased chance of filing a claim with insurance. Therefore, insurance carriers will often charge men more than women.

With Memberselect, men typically pay over $10 a month more than women, and nearly $30 with Metlife.

When it comes to the most affordable rates for each gender, Memberselect comes out on top for both men and women. On average, male drivers save about $74 per month and women save around $57 with Memberselect compared to the average Metlife policyholder.

Memberselect or 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.

Insurance isn't the easiest topic to understand. Everyone needs auto insurance, but there are so many different terms and coverages that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, alongside liability coverage).

If you're looking for state minimum liability limits, Memberselect normally offers more affordable prices of $183 compared to Metlife's $215. When it comes to full coverage policies with similar limits, Memberselect again has the edge, with policies about $100 a month less expensive than Metlife, on average.

Is Memberselect or Metlife 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 tickets and at-fault accidents on your record, but which of these two companies offers the cheapest premiums to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Memberselect policyholders can expect their prices to go up an average of $58 per month if they get a ticket, while Metlife generally raises rates around $59 a month, on average.

However, Memberselect is usually the cheaper option for both drivers who have a recent speeding ticket and those with clean records. Drivers with a clean record can save about $41 per month and drivers with a ticket can save around $42 a month with MemberSelect Insurance Company.

Which Company is Best for Drivers After an Accident?

Memberselect drivers who get in a collision can expect to see their premiums increase by over $35, while those who have insurance through Metlife will see about a $150 increase.

Overall, the more affordable rates come from Memberselect, with monthly premiums averaging $216 compared to MetLife's $368.

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 an accident. Memberselect drivers usually see a 62% increase in their insurance prices after a DUI charge, while Metlife will generally raise rates by around 55%.

How does Credit Score Impact Memberselect and Metlife Rates?

Did you know that many auto insurance carriers take your credit score into account when calculating premiums? Certain states and companies do not allow for credit score to be used as a rating factor, but it might come into play for many policyholders.

Car insurance carriers argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

So, which carrier offers the best prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Memberselect or Metlife Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly insurance cost. That's because the more miles you drive, the more likely you are to get into a collision and cause an insurance claim.

Memberselect tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure. Memberselect's average rates for drivers with 6,000 annual miles come in about $71 cheaper than Metlife. Those who drive 12,000 miles yearly can expect to pay around $62 less with Memberselect over Metlife.

Memberselect vs. Metlife: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can have a sizable impact on your monthly auto insurance payment. Normally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because there are a lot more cars on the roads in those areas.

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

Drivers in rural ZIP codes see the lowest prices from both carriers, but Memberselect comes out on top with average premiums about $228 per month. Memberselect also has less expensive average prices for policyholders in urban and suburban ZIP codes -- a $95 and $31 per month respective difference when compared to Metlife drivers in similar areas.

Memberselect vs. Metlife Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of as many car insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to find all the ones you can take advantage of or to nail down the company that has the most discounts for your unique driver profile.

Below, we've taken a look at all of the different discounts Memberselect and Metlife offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Metlife blows Memberselect away when it comes to the sheer amount of discounts available, offering 23 more discounts than Memberselect.

There are a couple discounts both companies offer, but Metlife also offers ABS discounts, academic discounts, agency transfer discounts, and more that Memberselect does not.

On the flip side, Memberselect has a couple unique discounts of its own -- advance quote discounts, paid in full discounts, prior carrier discounts, and more.

Final Thoughts: Is Memberselect or Metlife Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, which insurance carrier is the right carrier for you, your vehicle, and your wallet?

Memberselect might be best for you if....

• You want to save money on your car insurance after an accident.
• Your credit score is high.
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

Metlife might be best for you if...

• You care about discounts (Metlife offers the most).
• You are over 65 years old and want to save some money on your insurance.
• You're married and plan to have both of your names on the vehicle's car insurance policy.

We hope this guide helps you get a better idea of the difference between Memberselect and Metlife. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of companies, not just Memberselect and Metlife. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP code below and get free quotes from dozens of the top car insurance carriers in your area, all in just a few minutes.

Memberselect vs. Metlife FAQs

Is Memberselect or Metlife cheaper?

Looking just at the national average rates, Memberselect is the more affordable of the two companies, offering average rates of $274 a month compared to $340 for Metlife. Even so, Memberselect won't necessarily be the most affordable company for everyone, since there are several different variables that come into play when it comes to your insurance cost.

Who is better, Memberselect or Metlife?

Sadly, the answer truly is "it depends.". Neither carrier is "better" for everyone -- it all comes down to what your unique auto insurance profile looks like. For example, Memberselect offers less expensive premiums for single policyholders, while Metlife is cheaper for drivers who have already retired.

Why do Memberselect and Metlife offer me different rates?

Insurance carriers take a look at a lot of different factors when determining the rates they charge drivers. Variables like age, your driving record, where you call home, gender, and sometimes even things like your credit score can all come into play. Both Memberselect and Metlife calculate premiums using different formulas, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from lots of different companies.

How do I know if Memberselect 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 several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best auto 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 Memberselect or Metlife 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.