MetLife Insurance Review
- With 3.5/5 stars in 2023, MetLife is an average insurance company.
- Read MetLife reviews, complaints and prices before you buy.
MetLife Insurance review
Important note:
As of April 2021, The Farmers Insurance Group has acquired all MetLife auto and homeowners policies. MetLife Auto & Home is no longer affiliated with MetLife, Inc and policyholders will use Farmers services to manage their accounts. For more information on Farmers auto and home insurance policies, check out our Farmers Insurance review.Â
The Metropolitan Life Insurance Company, better known as MetLife, provides an array of insurance options beyond home, auto, and other varieties of property and liability insurance. MetLife also offers dental, vision, and life insurance, as well as insurance products for businesses. Founded in 1868, the New York City-based insurer has been in the insurance business for quite a while. Let’s explore MetLife’s car insurance coverage options and discounts to better evaluate if it’s the right insurance company for you.
Claims satisfaction (J.D. Power) — Not rated
Customer satisfaction (J.D. Power) — Below average: J.D. Power rated MetLife below average in its customer satisfaction study for 2021.
Financial strength (AM Best) — Excellent: This rating reflects MetLife’s ability to pay out claims. Its "A" rating indicates its solid and stable financial status.
NAIC Rating — Good: The National Association of Insurance Commissioners (NAIC) received less complaints than average regarding MetLife in 2021.
MetLife car insurance coverage options
MetLife offers all standard auto insurance coverage options including comprehensive, collision, and liability — along with uninsured and underinsured motorist coverage, personal injury protection (PIP), and rental car coverage. Below are sample rates for multiple kinds of drivers, and information on additional features and options available with a MetLife car insurance policy. Note that some of these options may not be available in your state. Check with your MetLife representative before purchasing a policy.
In the event you suffer a total loss of your brand new vehicle within the first year of ownership or 15,000 miles (whichever comes first), MetLife will repair or replace your car with no deduction for depreciation. However, this does not apply for cars under a lease contract longer than six months and non-owned cars.
If certain auto parts become damaged in a covered loss, MetLife will replace them. This applies to parts like tires, batteries, brake parts, and steering or electrical wiring, but it does not apply if these parts are stolen. MetLife will replace these without deducting for depreciation.
This provides additional coverage if your rental car is damaged in a covered loss. MetLife will work with the rental car agency to ensure additional expenses don't fall on you, including fees and charges, the damaged rental car's loss of market value, and loss of use of that vehicle.
Auto glass damage happens even to the best of us. MetLife will repair your windshield if it becomes chipped or cracked, and waive your deductible.
If your car breaks down on the side of the road, MetLife will reimburse roadside assistance fees and also cover the cost for towing.
Even if the amount remaining on your lease or loan exceeds the value of your vehicle, MetLife will pay off your car if it's totaled in an accident. Learn more about gap insurance.
MetLife will cover your legal fees if you're sued, and also reimburse up to $200 per day to compensate for your lost wages.
MetLife insurance discounts and reward programs
It's smart to look for discounts when shopping for car insurance, and MetLife offers a few options to help lower your monthly premiums. Again, keep in mind these may vary depending on where you reside.
- Deductible savings benefit: You can earn $50 for every year you don't make a claim (with a maximum sum of $250), which may be used toward your deductible for a covered loss.
- Multi-policy discount: It's always smart to bundle your insurance policies from an insurer, as it can lead to discounted insurance rates. If you buy more than one type of insurance, e.g. auto and homeowners or auto and life insurance, MetLife offers up to 10% off on a bundle.
- Multi-car discount: You can enjoy reduced rates if you insure more than two cars under the same policy. Consult your MetLife agent for details.
- Good student discount: Your efforts in school can yield some savings when shopping for new car insurance. MetLife's good student discount is applicable for students under age 25 enrolled in high school, community college, full-time college, graduate school, and people in vocational or technical programs who meet MetLife's academic requirements.
- Student away discount: Students younger than 25 can take advantage of this discount provided they meet MetLife's specific requirements: they must reside at an educational institution at least 100 miles from home and have limited access to the insured vehicle. This is a useful insurance discount if you are seldom behind the wheel, but want the assurance of having insurance coverage when you do need to drive.
- Superior driver discount: MetLife rewards drivers with a discount if every person on the policy has an excellent driving record.
- Defensive driver discount: If you have been licensed for at least two years and complete a MetLife-approved defensive driving course, you can be eligible for a discount that applies every year for three years. This course aims to teach and reinforce good driving habits and generally make you a safer and more defensive driver. You can even take this course online.
- Safety and anti-theft devices discount: For installing a qualifying safety system or anti-theft device — like passive and active disabling systems — MetLife may reward you with a discount on your car insurance policy.
My Journey® program
Available in a handful of states, My Journey® is MetLife's telematics program. If you enroll and download the mobile app, it will track your trips, assess your driving habits, and assign you a driving score. You can get up to 10% off your car insurance just for enrolling, which can then be adjusted up to 30% off depending on the safe driving score you receive at the time of renewal. The program lasts up to six months but you get to keep the discount on your premium.
MetLife insurance cost comparison
We compared average rates from Metlife insurance for common ages and driver situations, assessing how the insurance company stacked up with competitors.
| Company | Avg. Monthly Premium |
|---|---|
| Allstate | $201 |
| Farmers | $149 |
| GEICO | $129 |
| MetLife | $184 |
| Nationwide | $123 |
| Progressive | $157 |
| State Farm | $131 |
Dynamic auto insurance data methodology
Methodology: The auto insurance rates displayed above and throughout this page are dynamic, meaning the data will refresh when the most recent information is made available. Rates are based on a sample driver profile — a 30-year-old single male driver with a Honda Accord and full coverage. This profile was adjusted based on common pricing factors used by major car insurance companies, like age, coverage level, driving record and others.
| Age Group | Avg. Monthly Premium |
|---|---|
| Teens | $646 |
| 20s | $266 |
| 30s | $182 |
| 40s | $170 |
| 50s | $156 |
| 60s | $149 |
| Accident/Violation | Avg. Monthly Premium |
|---|---|
| DUI | $459 |
| At-fault accident - greater than $2000 | $332 |
| Speeding 16 - 20 MPH over limit | $237 |
Additional lines of insurance through MetLife
Is MetLife the best insurance company for you?
MetLife definitely has the ability to provide the car insurance you're looking for. The company's coverage options, features, and discounts are on par with competing insurance companies, and you can feel confident that you'll be insured and covered if you get in an accident. Some of MetLife's auto insurance options, like special parts replacement and glass repairs without a deductible may be especially useful if you encounter fender benders or more minor accidents.
You should always shop around for the best rate when you're selecting a new car insurance policy, however. Because there are so many factors insurance companies take into account when determining your premium, like your age, location, driving history, and credit score, the cost may vary greatly between insurers. You should select the right policy for your situation and your vehicle, one that fits your budget and provides the level of coverage you're looking for. Enter your ZIP code below to uncover and explore rates not just from MetLife, but from dozens of other insurance companies across the country.
Compare car insurance options and find the right policy for you.
About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.