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

Quick Facts

• In general, Secura offers significantly cheaper premiums than Metlife
• Metlife may help you save more money -- they offer more discounts than SECURA Insurance
• Secura offers more affordable prices for drivers who have a speeding ticket on their driving record

Metlife or Secura: Which Company has the Cheapest Car Insurance?

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

You've maybe even narrowed it down to Metlife or Secura, but which carrier has more affordable rates for insurance?

Looking at the national average rates for both carriers, Secura has average rates that are around 55% a month cheaper than those from Metlife.

However, that doesn't mean Secura will necessarily be more affordable than Metlife for every driver. Auto insurance companies vary their premiums depending on things like where you live, how clean your driving record is, how old you are, how good your credit score is, and a ton of other factors. So, at the end of the day, prices from every carrier will differ quite a bit from person to person.

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

Metlife vs. Secura: Average Car Insurance Rates by State

Metlife and Secura only compete against each other in three states, with Secura offering less expensive prices to the average driver in all of them. Wisconsin has the most noticable difference, where Secura premiums are $273 cheaper than car insurance rates at Metlife.

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

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for auto insurance compared to older drivers. The reason is that teen 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 prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Secura for their insurance pay over 70% less than those who use Metlife. It's worth noting that Metlife offers auto insurance in 44 different states compared to Secura's three, which can skew the average premiums a bit, but the difference here is still considerable.

Even so, both carriers will offer you dramatically lower prices once you turn 25. For example, average premiums for Metlife policyholders reduce about $500 and Secura's rates decrease around $200 over that time.

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 lowest prices you can find.

So, which carrier offers the best rates to retired drivers? Secura gets the edge here, with average premiums coming in at about $111 per month compared to Metlife's $205.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be more affordable for married drivers than they are for single drivers. This usually boils down to married couples having multiple vehicles on their policy -- something a lot of car insurance companies will reward with discounts.

For single policyholders, the difference in average premiums between these two carriers is significant, with Secura prices coming in at around a third of Metlife's. For married policyholders, the advantage is clear again - Secura has the edge when it comes to average rates.

Metlife or Secura: Average Rates by Gender

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

Normally, women see premiums almost 10% per month less with Metlife, but with Secura, the difference is closer to 2% a month.

When it comes to the most affordable prices for each gender, Secura comes out on top for both men and women, with average rates $207 less for men and $182 cheaper for women.

Metlife vs. Secura: 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.

Car insurance can be a complicated subject for most people. There are a range of different coverages that account for a variety of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

But 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 includes collision and comprehensive coverages that protect your own car, in addition to what you get with liability coverage).

Looking specifically at state minimum liability limits, Secura has the significant edge, with average monthly prices coming in at $69. If you want a full coverage policy with the same state minimum limits, Secura again has the edge, with policies averaging about $222 per month to Metlife's $466.

Is Metlife or Secura Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

You'll probably end up paying more with at-fault accidents and speeding tickets on your record, but which of these two companies offers the cheapest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Metlife for their insurance can typically expect their monthly bill to go up around 21% after getting a speeding ticket. Secura policyholders can expect a bit more drastic of an increase of about 29%.

That being said, Secura is usually the less expensive option for both drivers who have clean records and those with a recent ticket, offering rates that are 60% and 56% cheaper, respectively, compared to MetLife.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Metlife can expect to see around an $148 -- or about 40% -- rise in their auto insurance prices. Drivers who use Secura for their insurance will see a monthly bill around $42 (or 33%) more expensive after reporting a collision to their car insurance company.

At the end of the day, the less expensive premiums come from Secura, with average rates coming in at $129 compared to MetLife's $368.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly insurance bill -- typically a lot more than an accident or speeding ticket. Metlife drivers usually see a 55% increase in their auto insurance premiums after a DUI charge, while Secura will generally climb prices by about 64%.

Secura has the overall most affordable rates for drivers with a DUI on their records at $244 monthly, but it's worth noting that Metlife's average rates come from 44 states compared to just three for Secura, so the data may be skewed slightly.

How does Credit Score Impact Metlife and Secura Rates?

Did you know many car insurance carriers take into account your credit score when determining premiums? This isn't true for everyone (California, for example, has banned the use of credit score as an auto insurance factor) but it will come into play for several drivers.

Insurance companies 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 more affordable prices.

So, which carrier offers the lowest rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Secura will normally reward you the most. For policyholders with "excellent" credit scores, Secura comes in more than 45.05 cheaper. Drivers with "good" credit scores usually save around 51% with Secura compared to average premiums from Metlife.

Which Company is Best for Drivers with Bad Credit?

Secura typically offers lower prices than Metlife when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 56% a month less with Secura compared to Metlife, and those with "poor" scores typically save an average of around 66% a month.

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

How much you drive can have a large impact on your monthly rates. Usually, the more milage you put on your vehicle, the more you can expect to pay for coverage.

Secura tends to be the less expensive option for both remote workers and those taking short commutes. Metlife's average prices for drivers with 6,000 annual miles come in nearly 60% more expensive than Secura. Those who drive 12,000 miles annually can expect to pay over 55% more with Metlife over Secura.

Metlife or Secura: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a considerable impact on your monthly auto insurance payment. Normally, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer cars on the roads where they live.

Secura tends to offer the cheapest premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

Those in rural areas can expect to save about 54% with Secura compared to Metlife. People who live in suburban areas pay around 59% less with Secura compared to Metlife. For policyholders in urban ZIP codes, SECURA Insurance's average rates are about 59% less than MetLife.

Metlife vs. Secura Discounts

No matter 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 you can. That's where auto insurance discounts comes into play.

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

Luckily, we did the hard work for you and looked at all of the different discounts Metlife and Secura offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Metlife knocks Secura out of the park when it comes to the sheer number of discounts available, offering 36 different discounts to Secura's 19.

There are a couple discounts both carriers offer, but Metlife also offers discounts for AAA, ABS, academic, and more.

On the other hand, Secura has a few proprietary discounts of their own for things like advance quote discounts, hybrid vehicle discounts, low income discounts, and more.

Final Thoughts: Is Metlife or Secura Best for You?

So, you've seen how different variables can affect your insurance prices. We've broken down the different discounts each company offers, too. That's all well and good, but at the end of the day, which carrier is the best one for you and your specific driver profile?

Secura might be best for you if....

• You will be the only person on the car insurance policy.
• You already have a great credit score.
• You want to save money while purchasing auto insurance for a teenager.

Metlife might be best for you if...

• You value the experience that comes with a large national insurance company.
• You're looking for discounts -- Metlife has the most.

Hopefully, this guide helps you get a better idea of the difference between Metlife and Secura and that it aids in making a more informed decision about 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 several companies, not just Metlife and Secura. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top insurance carriers in your area, all in just a few minutes.

Metlife vs. Secura FAQs

Is Metlife or Secura cheaper?

Secura is the more affordable of the two companies when looking at national average premiums, with policies averaging $146 per month with Secura and $340 for Metlife. However, that doesn't mean Secura will be the most affordable carrier for each policyholder, since there are several different factors that are considered when it comes to your car insurance cost.

Who is better, Metlife or Secura?

Unfortunately, the only answer we can give you is "it depends.". No one company is "better" for every policyholder -- it all comes down to what your unique insurance profile looks like.

Why do Metlife and Secura offer me different rates?

Auto insurance carriers use many different variables when calculating the prices they charge. Factors like age, gender, where your home is, your driving record, and sometimes even things like your credit score can all come into play. Both Metlife and Secura calculate premiums using different formulas, so it's likely they'll offer different rates. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from multiple different companies.

How do I know if Metlife or Secura is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from multiple 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 information once and you'll get quotes from dozens of your local top insurance companies for free. That way, you can guarantee you're getting the best price. And maybe you'll find that the best carrier for you isn't Metlife or Secura 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.