Chubb vs. Hastings Mutual Insurance

Which insurance carrier is right for you? Compare price, savings, and quotes from Chubb and Hastings Mutual.

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Chubb vs. Hastings Mutual: What You Need to Know

In 1882, Thomas Caldecot Chubb and his son Percy, founded Chubb & Son in New York City selling with marine insurance. In 1901, Percy organized the Federal Insurance Company, writing marine insurance and expanded into fire two years later. The company acquired control of U.S Guarantee Company in 1921 and they opened their first branch outside the U.S in Montreal, Canada in 1928. In the year 1967, the company changed its name to Chubb Corporation and at the same time, they acquired the Pacific Indemnity Companies. In 1984 Chubb was listed on the New York Stock Exchange and their business expanded overseas by 1990. In 2012, after Superstorm Sandy, Chubb settled the highest number of claims in the company's history. Ace Limited and Chubb became one company and adopted the Chubb name by 2016. Today, Chubb is the world’s largest publicly traded P&C insurance company and the largest commercial insurer in the U.S, operating in 54 countries and provides property and casualty insurance to businesses and individuals, including personal products such as auto, home, travel, natural disasters, valuables, boats & yachts, cyber and life & health protection.

Hastings Mutual Company was founded in 1885 as Michigan Mutual Tornado, Cyclone and Windstorm Insurance Company to help protect local residents against the tornados that had destroyed small communities of Hastings and other parts of Michigan. The company continued to grow over the years and expanded its business.

Below is a list of average rates, rankings, products and discounts for the two companies. For full company overviews, you can visit Chubb Overview and Hastings Mutual Insurance Co Overview.

Chubb vs. Hastings Mutual Insurance Co: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Chubb and Hastings Mutual Insurance Co. On average, Chubb charges approximately $172.68 per month while Hastings Mutual Insurance Co comes in at around $157.02 per month. For Chubb, the cheapest state average is Michigan at $153.63 per month and the most expensive is New York at $272.33 per month. For Hastings Mutual Insurance Co, the cheapest state average is Illinois at $139.35 per month and the most expensive is Michigan at $159.05 per month.

Chubb

Average Rate

$172.68
Hastings Mutual Insurance Co

Average Rate

$157.02
National

Average Rate

$133.56
State Chubb Hastings Mutual Insurance Co
Illinois- $139.35
Michigan $153.63 $159.05
New York $272.33 -
Pennsylvania $185.19 -
Texas $221.80 -
Washington $157.30 -

Chubb vs. Hastings Mutual Insurance Co: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Chubb and Hastings Mutual Insurance Co typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Chubb Hastings Mutual Insurance Co
1 Vehicle $159.07 $154.48
2 Vehicles $333.35 $192.60

Chubb vs. Hastings Mutual Insurance Co: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Chubb charges $157.11 per month and Hastings Mutual Insurance Co charges $145.75 per month for customers who own their home.

Own/Rent Chubb Hastings Mutual Insurance Co
Own $157.11 $145.75
Rent $176.64 $160.08

What is Chubb and Hastings Mutual Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how Chubb and Hastings Mutual ranked among the industry ratings.

Comparison Chubb Hastings Mutual
Year Founded 1882 1885
Market Share 0.0295 0.2% (2018)
BBB Rating A+
Financial Strength Excellent Excellent
Fitch Rating AA
JD Power Ranking Above Average
Moody’s Rating Aa3
NAIC Complaint Index 0.46
S&P Rating AA

Chubb or Hastings Mutual: Insurance Products Offered

What coverage is available through Chubb and Hastings Mutual? Both insurance companies offer Auto, Commercial, Home, and RV Insurance. Additional products from Hastings Mutual insurance also includes Condo, Farm, Renters Insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Chubb and Hastings Mutual Insurance Co Insurance page.

Insurance Chubb Hastings Mutual
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Home Insurance
Renters Insurance
RV Insurance

Chubb or Hastings Mutual: Ways To Save

Hastings Mutual offers a wide range of discounts to its policyholders, including Claim Free, Defensive Driving, and Good Student discounts. Chubb also offers a few discounts that Hastings Mutual doesn’t including Multi-Vehicle, College Graduate, and Anti-theft discounts. Start taking advantage of discounts offered by insurance providers like Hastings Mutual and Chubb insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

ChubbHastings Mutual
Accident-Free DiscountAway at School Discount
Airbag DiscountClaim Free Discount
Anti-lock Braking System DiscountDefensive Driving Discount
Anti-theft DiscountGood Student Discount
College Graduate DiscountMulti-car Discount
Defensive Driving DiscountMulti-policy Discount
Good Student DiscountPaid in Full Discount
Multi-Vehicle DiscountPaperless Bills Discount

Pros & Cons of Chubb & Hastings Mutual

Pros

Chubb
  • Industry-leading claims and risk engineering services.
  • Efficiency in paying claims and solid reputation.
  • Multi-policy discounts and credits available.
  • High level of expertise.
Hastings Mutual
  • Hastings Mutual Company focuses on providing A+ customer service and promoting strong relationships with its customers.
  • Established history: the company has 130 years of service and has built a good reputation among its customers.
  • It has affordable rates.
  • Offers Multi-Policy discounts.

Cons

Chubb
  • Higher than the average rates, since it’s a premier carrier.
Hastings Mutual
  • Limited service: coverage is available in only 6 midwestern states across the US.
  • It doesn’t offer an online application, you need to call an agent for a quote.

Chubb or Hastings Mutual Mobile Apps Options

The Chubb Mobile app is available for android and iPhones and iPads. The app features fingerprint and facial login to a dashboard where you can manage payments, download ID cards, submit claims, check the agent information and more.

Hastings Mutual does not currently have a mobile app.

Chubb Mobile App
iOS      3.3 14 user reviews
Android      2.3 6 user reviews

Chubb & Hastings Mutual Contact Info

Chubb Contact Info
Address 15 Mountainview Rd, Warren, NJ 07059
Phone (908) 903-2000
Website https://www.chubb.com/us-en/
Facebook https://www.facebook.com/ChubbInsurance/
Youtube https://www.youtube.com/channel
Linkedin https://www.linkedin.com/company/chubb/
Hastings Mutual Contact Info
Address 404 E. Woodlawn Ave. Hastings, MI 49058
Phone 1-800-442-8277
Website https://www.hastingsmutual.com/
Facebook https://www.facebook.com/HastingsMutual/
Linkedin https://www.linkedin.com/company/hastings-mutual-insurance-company/

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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