How Much Is Metlife Auto Insurance Per Month?

How Much is MetLife Auto Insurance Per Month?

Met Life auto insurance prices can vary greatly depending on your demographic and other considerations. Met Life as an auto insurance company pays special attention to its clients' credit scores as well as driving history when generating quotes.

Full coverage with Met Life would cost you around $1,224 a year, so just over $100 a month. However, that price is assuming that you have an excellent credit score, a clean driving record and are in your 60s. So in other words, you could expect a quote around that price if you're an ideal client in Met Life's eyes.

If you're in your 20s then you should expect your rates to be closer to $2,400 a year, or just over $200 a month. Likewise, if you were involved in an "at fault" accident of more than $1000 in value, or have ever had a reckless driving or DWI charge, then you could expect a yearly rate of $2,500 to $3,200, or roughly $210 to $260 a month.

Furthermore, the above prices are assuming that your other categories, like credit score and age, are not considered. So if you're an unideal candidate then your annual prices could be very high, and MetLife is probably not the insurance company for you.

Pros and Cons of Met Life Auto Insurance

One of the biggest pros to Met Life insurance is that the company greatly rewards drivers with good credit scores. So if you're credit score is "very good" or "excellent" then Met Life could be a good choice for you.

Drivers with very good credit scores can expect to pay around $1,500 a year, or $125 a month, while drivers with excellent credit scores could expect to pay as little as $1,300 a year or $108 a month.

A con to Met Life is that for drivers with a history of unsafe driving on their record, prices will be a lot higher than some competitors. So if you are a driver with an unsafe driving history, then other insurance providers might be a better option for you.

Furthermore, Met Life is a poor choice for teens and younger people in general and early twenties. If you're considered a teen then your rates could easily reach $6,000 a year.

Who Might Benefit the Most From Met Life:

Although Met Life is one of the more expensive insurance companies out there, for some people it could certainly be the best choice.

Met Life offers some specialty coverage, for example, they give special insurance to rideshare workers, like Uber and Lyft drivers. They also offer 24/7 customer service, replacement coverage for total loss, new car replacement and more.

You will also find savings through MetLife when you bundle home, auto and other insurance types.

So, all in all, MetLife is a pricier company, but for older people with good credit scores and clean driving records, and also for Uber drivers, it's a pretty good choice for an insurance company.