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

Quick Facts

• Looking at the national averages for auto insurance, Trexis offers significantly less expensive rates than Metlife
• Metlife may help you save more money -- they offer more discounts than Trexis Insurance
• Trexis has cheaper prices for policyholders who live in rural neighborhoods

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

Are you considering a new insurance policy? After all, you've seen ads from all sorts of companies offering big savings. But exactly how much can you save by switching?

You might have narrowed your search down to Metlife or Trexis as your top options, but which one has more affordable premiums for insurance?

Looking at the national average rates for both carriers, Trexis has average rates that are around 35% a month less expensive than those from Metlife.

However, that doesn't necessarily mean Trexis will be the more affordable option for every single driver. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like your driving record, where you call home, your age, or even your credit score (among other things), so rates could change drastically from person to person.

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

Metlife vs. Trexis: Average Car Insurance Rates by State

Metlife and Trexis only compete against each other in two states, with Trexis offering cheaper prices to the average driver in all of them. Arkansas has the most noticable difference, where Trexis rates are $308 more affordable than car insurance prices at Metlife.

But there's more to auto insurance than just where you live. As we mentioned above, there's a lot of things that go into how car insurance carriers determine your rates. Continue reading to see how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for insurance than any other group of drivers out there on the road. It's normally 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 car insurance. As you can see above, teens who use Trexis save over 50% per month compared to those who use Metlife. It's worth noting that Metlife offers auto insurance in 44 different states compared to Trexis's two, which can skew the average premiums a bit, but the difference here is still considerable.

That being said, both companies will decrease prices by the time you turn 25. For example, average premiums for Metlife policyholders lower more than 70% and Trexis's rates reduce almost 65% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the most affordable insurance premiums out there. 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 Metlife and Trexis specifically, which carrier is best for retired drivers? Trexis gets the edge, with prices for drivers 65 and older over 15% cheaper than the national average for Metlife.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance rates tend to be less expensive for married policyholders than they are for single policyholders. That's usually 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 premiums between these two carriers is significant, with Trexis prices coming in at a third less than Metlife's. The advantage for married couples with Trexis is also obvious, where drivers save about $55 a month.

Metlife or Trexis: Average Rates by Gender

Men tend to pay more for car insurance than women. That's because men are more likely to get tickets and get into accidents, which raises the chances of filing a claim with insurance.

On average, men see premiums nearly $30 per month higher with Metlife, and around $20 more with Trexis.

Looking at the data for each company specifically, Trexis comes out as the cheapest option for both genders. On average, women save about $116 a month and men save about $124 with Trexis compared to the average Metlife policyholder.

Metlife vs. Trexis: 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 limits and coverages that it can make it pretty confusing to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- 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 normally refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Trexis has the significant edge, with average monthly prices coming in at $108. If you want a full coverage policy with the same state minimum limits, Trexis again has the edge, with policies averaging around $333 per month to Metlife's $466.

Is Metlife or Trexis Better for Drivers with Spotty Records?

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

At-fault collisions and speeding tickets will most likely raise your rates, but is Metlife or Trexis cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Metlife for their car insurance can usually expect their monthly bill to go up about 21% after getting a speeding ticket. Trexis policyholders can expect a less drastic increase of around 19%.

Even so, Trexis tends to offer the best prices for both drivers who have a recent ticket and those with clean records, offering premiums that are 17% and 19% more affordable, respectively, compared to MetLife.

Which Company is Best for Drivers After an Accident?

Both companies will raise prices pretty significantly if you get into an at-fault collision with Metlife raising by about 40%. Trexis has a less extreme climb, but you can still expect to pay more than 25% more than you were prior to your first accident.

At the end of the day, Trexis offers the lowest rates for drivers with an at-fault collision on their records, with average prices coming in at $247 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 accident or speeding ticket when it comes to your insurance bill. For example, Metlife increases average premiums by more than $250 a month -- that's over a 55% increase.

Trexis has the overall most affordable rates for drivers with a DUI on their records at $226 a month, but it's worth noting that Metlife's average rates come from 44 states compared to just two for Trexis, so the data may be skewed slightly.

How does Credit Score Impact Metlife and Trexis Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. This isn't true for everyone (for example, Hawaii and California are two states that ban the practice entirely), but it will come into play for many drivers.

The reasoning auto insurance companies use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper prices, while those with poor credit will typically be forced to pay more.

Looking at Metlife and Trexis specifically, which carrier has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, Trexis will generally reward you the most. For policyholders with "excellent" credit scores, Trexis comes in more than 12.16 less expensive. Drivers with "good" credit scores normally save around 21% with Trexis compared to average premiums from Metlife.

Which Company is Best for Drivers with Bad Credit?

Trexis typically offers lower prices than Metlife when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about 35% per month less with Trexis compared to Metlife, and those with "poor" scores usually save an average of around 53% per month.

Is Metlife or Trexis 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 your monthly car insurance cost. 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 Trexis charges. However, there's a small difference in monthly premiums for Metlife, with policyholders who drive the least paying about $3 less each month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, Trexis is the more affordable carrier.

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

We've already mentioned how your home state can play a role in how much you pay for insurance, but the type of area you live in can have a substantial impact as well. Typically, those who live in rural areas will pay less than drivers in urban areas since there are a lot fewer vehicles on the roads where they live.

Trexis boasts the lowest average rates for drivers in all areas, regardless of if they're urban, suburban, or rural.

If you live in a rural area, you can expect to pay around $167 monthly with Trexis and $299 with Metlife. People in suburban areas pay a monthly rate of about $223 with Trexis compared to $333 with Metlife. For drivers in urban ZIP codes, Trexis's average prices are around $270 a month compared to Metlife's $389.

Metlife vs. Trexis Discounts

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

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 can take advantage of.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Metlife and Trexis so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Metlife blows Trexis away when it comes to the sheer amount of discounts available, offering 36 different discounts to Trexis's 16.

Both carriers offer many of the same discounts -- like discounts for being a defensive driver, discounts for being a good student, group discounts, and discounts for insuring multiple cars with the same company -- but Metlife also offers discounts for AAA, ABS, academic, and more.

On the other hand, Trexis has a few proprietary discounts of their own for things like advance quote discounts, driver training discounts, education discounts, and more.

Final Thoughts: Is Metlife or Trexis Best for You?

You've seen the role certain factors have on your auto insurance and the different discounts companies offer. But, at the end of the day, is Metlife or Trexis the best company for you and your specific needs?

Trexis might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault accidents on your record.
• You live in an urban area.
• You live in a rural neighborhood.

Metlife might be best for you if...

• You're thinking about moving to another state -- Trexis Insurance only offers policies to Alabama and Arkansas residents.
• You're looking for discounts -- Metlife has the most.

Hopefully, this guide helps you get a good idea of the differences between Metlife and Trexis. We also hope we've given you the information you need to make the best decision about your insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from a handful of carriers, not just Metlife and Trexis. 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 companies in your area, all in just a few minutes.

Metlife vs. Trexis FAQs

Is Metlife or Trexis cheaper?

Trexis is the less expensive of the two carriers when looking at national average premiums, with policies averaging $220 per month with Trexis and $340 for Metlife. However, that doesn't mean Trexis will be the cheapest company for everyone, since there are several different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Metlife or Trexis?

Unfortunately, the only answer we can give you is "it depends.". No single carrier is "better" for everyone -- it all boils down to your unique insurance profile.

Why do Metlife and Trexis offer me different rates?

Auto insurance companies use lots of different factors when determining the rates they charge. Variables such as age, gender, your driving record, where you park your car, and sometimes even things like your credit score can all be used. Both Metlife and Trexis use different formulas, so it's likely they'll offer different premiums. The best way to determine which company is the most affordable for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several companies 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 ZIP code and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't Metlife or Trexis 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.