Travelers Companies, Inc. ratings and coverages

How much does Travelers car insurance cost?

Cost is an important factor to consider when shopping for car insurance. The price you will pay can vary based on the company you choose. There are a number of other factors that also determine your car insurance premium, including your age, marital status, credit score, where you live and the company you choose. In the graph below, you can see the average cost of Travelers car insurance compared to the national average cost of car insurance. The graph is split into four categories: teen driver, single adult, married couple and senior driver.

The average Travelers car insurance rates for all four profiles are slightly higher than the national average cost of car insurance. Please note that these are average car insurance rates based on specific profiles and your rate could be higher or lower based on your unique characteristics that affect car insurance rates.

How much does Travelers homeowners insurance cost?

Homeowners insurance rates are also personalized because they're based on factors including the location of your home, your home's condition and age, the size and type of home, the crime rate in your area, your claim history and your credit score. In the graph below, you can see the average cost of Travelers homeowners insurance compared to the national average of homeowners insurance. The graph is split into two categories: a home worth $200,000 and a home worth $400,000. Of course, this would be replacement cost, which does not necessarily match the sales price.

The average Travelers homeowners insurance rates for both home profiles are both very close to the national average of homeowners insurance but are a little bit lower. Please note that these are average homeowners insurance rates based on specific profiles and your rate could be higher or lower based on your unique characteristics that affect homeowners insurance rates.

What discounts does Travelers insurance offer?

It's no secret that everyone wants to save money on their homeowners or auto insurance policy, and Travelers can help you do that. Travelers offers a variety of discounts on the property damage and other coverage you need.

Travelers auto insurance discounts:

• Multi-Policy Discounts: You can save up to 13 percent on Travelers auto insurance when you also purchase Travelers home or condo insurance.
• Multi-Car Discounts: When customers insure two or more vehicles with Travelers, they are eligible for a savings of up to 8 percent.
• Home Ownership Discounts: If you own a home, regardless of where it is insured, you may be eligible for a discount of up to 5 percent from Travelers.
• Safe Driver Discount: Travelers customers who go without accidents, violations or major comprehensive claims for three years can earn a discount of up to 10 percent. If that time period extends to five years, Travelers ups that discount to 23 percent.
• Continuous Insurance Discount: Travelers rewards customers who have gone without a gap in insurance coverage with a discount of up to 15 percent.
• Hybrid/Electric Vehicle Discount: Travelers offers discounts to customers who own or lease a hybrid car.
• New Car Discount: Travelers customers who own a vehicle less than three years old may qualify for a discount of up to 10 percent. EFT, Paid in Full and Good Payer Discounts: Travelers customers can receive discounts ranging from 2 percent to 15 percent depending on how they choose to pay their premiums.
• Early Quote Discount: New Travelers customers are eligible for a discount of up to 10 percent if they receive an auto quote before their current policy expires.
• Good Student Discount: Students insured by Travelers who maintain an average of B or above may qualify for a discount of up to 8 percent.
• Student Away at School Discount: Students who attend a school 100 miles or more from home, and who will not be driving could qualify for a 7 percent discount from Travelers.
• Driver Training Discount: Young drivers who complete an approved driver education course could earn a discount of up to 8 percent from Travelers.

Additionally Travelers offers accident forgiveness through two programs: the Responsible Driver Plan and the Premier Responsible Driver Plan. Accident forgiveness programs cancel the increase in a policy holder's premium after an at-fault accident. Each of the plans offered does have an annual fee based on your age and driving record. Of course, you need to have a relatively clean driving record to start with to qualify for this benefit.

Travelers home insurance discounts:

• Multi-Policy Discounts: You can save up to 15 percent on home insurance when you bundle your home and auto insurance with Travelers.
• Home Buyer Discount: Travelers customers who have purchased their home in the 12 months prior to the effective date of their policy are eligible for a discount.
• Loss-Free Discount: Customers who have not experienced a loss for a specified period of time are eligible for a discount from Travelers.
• Protective Device Discount: If your home has protective devices such as smoke detectors, fire alarms, interior sprinkler systems, home security systems or smart home technology, you may be eligible for a discount from Travelers.
• Green Home Discount: Travelers offers discounts of up to 5 percent if you have a home that's been certified as a “green home” by the Leadership Energy and Environmental Design (LEED) organization.

What type of insurance is Travelers Insurance?

Travelers is a property and casualty insurance company that offers home, car, renters, condo, boat and yacht, landlord, umbrella, jewelry and valuables, wedding and event and travel insurance. Travelers also offers business insurance to a wide range of business industries.

How old is Travelers Insurance Company?

Travelers Insurance Company has been around for more than 160 years. Travelers sold its first insurance policy in 1864. They continue to offer personal and other plans for a wide range of customers.

Does Travelers offer life insurance?

Travelers doesn't offer life insurance. Travelers offers many personal property and casualty lines of insurance as well as business insurance coverage. They remain competitive in many parts of the insurance industry.

More about Travelers insurance

Travelers website is a great place to learn more about the company's offerings. The site lets Travelers policyholders pay bills, enroll in automatic payments, view or print auto insurance cards, view policy and billing information, report a claim and more.

Travelers also offers a mobile app that offers direct access to everything Travelers has to offer through your smartphone. With the Travelers mobile app, policyholders can view and download Travelers ID cards, make payments, enroll in or manage an automatic payment plan, report a claim to Travelers, get roadside assistance, contact a claim professional and more.

The Travelers Affinity Car & Home Program offers discounts to employees and members of participating groups. If you are an employee or member of one of Travelers participating employer, credit union or association groups, you could be eligible for special program savings. Travelers does not offer these discounts to the general public.

Travelers also offers an IntelliDrive Program, a 90-day program that offers discounts to Travelers customers based on their driving habits. Users install a smartphone app that captures driving behavior, and then scores users based on their driving habits, such as the time of day they tend to drive, as well as speed, acceleration and braking. Safe drivers could receive a discount of up to 20 percent from Travelers, while riskier drivers could be charged a higher premium. You can read more about the program in our Travelers IntelliDrive review.