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Chubb vs Farmers: which is better for car insurance in 2026?

Chubb
Farmers

Across our six scoring categories, Chubb comes out ahead in 2, Farmers in 2, with 2 too close to call. On our weighted overall score the two finish within 0.1 of a point — a genuine draw. The right answer here depends less on which company is "better" and more on which one prices your specific profile lower, and that is not knowable without running both quotes. Chubb is the stronger pick for high-net-worth drivers insuring a luxury or collector car; Farmers for drivers who want an agent and have specific coverage needs farmers can meet.

Chubb vs Farmers, side by side

Category
ChubbRead the full review
FarmersRead the full review
Overall scoreWeighted across the six categories below
PriceAverage annual full-coverage premium · 25% of score
2.5$2,676/yr
Average full coverage vs. $2,356 national average
Better
1.5$4,048/yr
Average full coverage vs. $2,356 national average
Claims satisfactionJ.D. Power 2025 claims study, out of 1,000 · 20% of score
Not rated
Below the sampling frame of the J.D. Power claims study, which covers only the largest insurers
3.0690/1,000
J.D. Power 2025 claims study, segment average 700
Complaint recordComplaints relative to company size · 15% of score
4.5Fewer than expected
Complaints relative to company size, NAIC data 2022–2024
Better
3.5About the expected number
Complaints relative to company size, NAIC data 2022–2024
Financial strengthAM Best Financial Strength Rating · 10% of score
Not published
No AM Best rating we could verify — see the review
4.0A
AM Best Financial Strength Rating
DiscountsBreadth of published discounts · 15% of score
2.50 published
Discounts on the carrier's own pages · No branded telematics program found
3.510 published*
Discounts on the carrier's own pages (*from secondary sources — carrier blocks access) · No branded telematics program found
Better
Digital experienceApp ratings and self-service depth · 15% of score
3.04.53 iOS / 3.6 Android
App Store (306 ratings) and Google Play (207 ratings), August 2026
4.54.84 iOS / 4.7 Android
App Store (27K ratings) and Google Play (10.8K ratings), August 2026
Better
Availability
49 states and D.C. — Arkansas is the only omission
40 states, through agents — the Farmers brand left Florida in 2023 and does not write in Alaska, Delaware, Hawaii, Maine, New Hampshire, Rhode Island, South Carolina, Vermont or West Virginia
Best suited to
high-net-worth drivers insuring a luxury or collector car
drivers who want an agent and have specific coverage needs Farmers can meet

Sources: average premiums from NerdWallet's August 2026 rate analysis (Quadrant Information Services), for a 35-year-old driver with a clean record and good credit in a 2023 Toyota Camry LE at 12,000 miles a year, 100/300/50 limits with $1,000 deductibles — national average $2,356. Claims satisfaction from the J.D. Power 2025 U.S. Auto Claims Satisfaction Study (segment average 700). Complaint record from NerdWallet's analysis of NAIC complaint data, 2022–2024. Financial strength from AM Best. Discounts and app data from each carrier's published pages and the Apple App Store / Google Play, retrieved August 2026. Updated August 2026.

Chubb vs Farmers across all six categoriesScored 1–5. Longer is better in every category — the price bar already accounts for cheaper being better.
ChubbFarmers
12345Price2.51.5Claims satisfactionnot published3.0Complaint record4.53.5Financial strengthnot published4.0Discounts2.53.5Digital experience3.04.5

Category by category

Price

Chubb ahead

Chubb averages $2,676/yr for full coverage against Farmers's $4,048/yr — about $1372 a year, or 114.3 dollars a month, in Chubb's favor for this profile.

Chubb

$2,676 a year for full coverage on our standard benchmark, 14% above the national average — though Chubb's real book is valuable vehicles, not the Camry we benchmark with.

Farmers

$4,048 a year for full coverage, 72% above the national average and the most expensive carrier in this review by a wide margin.

Claims satisfaction

Too close to call

Neither pulls ahead on claims satisfaction: Chubb posts Not rated and Farmers 690/1,000, a difference too small to choose on.

Chubb

Not in the J.D. Power claims study, which samples only the largest insurers.

Farmers

690 out of 1,000, ten points below the segment average.

Complaint record

Chubb ahead

Chubb takes complaint record on Fewer than expected against Farmers's About the expected number.

Chubb

Fewer complaints than expected for its size.

Farmers

Close to the number of complaints expected for its size.

Financial strength

Too close to call

Neither pulls ahead on financial strength: Chubb posts Not published and Farmers A, a difference too small to choose on.

Chubb

An A++ rating for the Chubb group circulates widely and is very likely current, but AM Best and Business Wire both block automated access, so we could not read it from a primary page.

Farmers

AM Best A (Excellent).

Discounts

Farmers ahead

Farmers takes discounts on 10 published* against Chubb's 0 published.

Chubb

None. Chubb's own auto page names no discounts whatsoever — not a short list, an absent one. That is a deliberate positioning choice, not an oversight.

Farmers

Roughly ten discounts, though Farmers blocks automated access to its own discounts page, so we could not verify the list or its telematics program name directly.

Digital experience

Farmers ahead

Farmers takes digital experience on 4.84 iOS / 4.7 Android against Chubb's 4.53 iOS / 3.6 Android.

Chubb

4.53 on the App Store and 3.57 on Google Play. Only 306 iOS ratings across a 49-state footprint, which is itself evidence of how small and specialised the book is.

Farmers

4.84 on the App Store and 4.7 on Google Play — the best-rated app pairing in this review, across a relatively small rating base.

So which one?

Pick Chubb if…

  • You are among high-net-worth drivers insuring a luxury or collector car.
  • Price is your first filter — Chubb averages $2,676/yr for full coverage on our benchmark profile.
  • You want the lower complaint record — Chubb sits at Fewer than expected.
  • Availability fits: 49 states and D.C. — Arkansas is the only omission.
Read the full Chubb review →

Pick Farmers if…

  • You are among drivers who want an agent and have specific coverage needs farmers can meet.
  • You expect to stack discounts — Farmers's lineup is the broader of the two.
  • You would rather handle everything in an app than on a phone call.
  • Availability fits: 40 states, through agents — the Farmers brand left Florida in 2023 and does not write in Alaska, Delaware, Hawaii, Maine, New Hampshire, Rhode Island, South Carolina, Vermont or West Virginia.
Read the full Farmers review →

Chubb vs Farmers, answered

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