Industry Average: 75
Industry Average: 7.7
Industry Average: 8
Industry Average: 7
Travelers is one of the most enduring and well-known names in insurance. They wrote the very first auto insurance policy in the United States. Nowadays, Travelers is the second-largest writer of U.S. commercial property casualty insurance and the third-largest writer of U.S. personal insurance through independent agents. If you’re looking for an in-person experience with an agent and want to buy multiple products from one provider, Travelers might be a good fit, as it is a company that balances premiums and customer service while providing fair settlements.
Lines of Business:
When it comes to thier car, everyone has a different situation and differing needs for protection. While every auto insurer offers the same standard coverages. they tend to differ when it comes to what they offer or optional additional protections. Below we list and describe all the extras offered by Travelers
|Available Option||What it means|
Usually covers towing, battery service, flat tire service, fuel delivery, lockout service, and extrication.
Helps you pay for transportation expenses, such as a rental car or public transportation fare, while your own vehicle is being repaired after a covered insurance claim.
Helps pay off your auto loan if your car is totaled or stolen and you owe more than the car's depreciated value.
New Car Replacement Coverage
Pays the value of a brand new car of the same make and model of the your car if your car is declared a total loss.
Protects your driving record from being affected by the insurance company's rating system for an at-fault accident, thus preventing your insurance premium from going up due to this type of accident.
Liability insurance that covers the excess portions of claims not covered by your other insurance policies.
Covers you from legal liability or personal injury claims of your passengers if you are in an accident while working for a ridesharing service.
While all companies offer a range of car insurance discounts, it's hard to judge any individual discount's value in a meaningful way. For one, the discounts are typically a percentage off the base price, instead of the whole policy.
What does this mean?
Your best bet is to directly discuss your particular situation with an agent to make sure you're getting all the discounts that you may be eligible for on your auto policy. For reference, we've listed all the discounts we believe Travelers has below in order to help determine which ones may fit your profile (though keep in mind that they can vary by state).
|Available Option||What it means||Discount Data|
While insurers are out to protect drivers, they also need to make money, and they tend to make more when a customer has multiple products (policies) with them. As a result, they can offer savings when drivers pair their car policy with another (home, renters, umbrella, etc.) policy.
up to 13%
Paid in Full
Because of the time value of money, it's better to recieve a lump sum now than the same amount in the future. Thus, savings can be offered to drivers who provide the full payment now versus those who pay over the course of the policy.
up to 8%
When a driver links their bank or other auto-pay to their insurer, it can reduce transaction costs. Some of these savings can then be passed onto the driver.
up to 3%
How does Travelers compare to other insurance companies? Click the following links below to compare Travelers to other top insurance companies.