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:
While all companies offer a range of home 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|
Advance Quote / Early Signing
One of the easiest discounts to score with some advance planning. Customers can often save simply by quoting and buying their homeowners policy some time (typically at least seven days) ahead of the policy actually going into effect. Keep in mind though that this discount tends to only apply to the first policy term, increasing annual cost after year one.
1% to 15%
Age of Insured
Different age groups are more or less risky about different things when it comes to homes. Generally, the older the customer, the larger the discount—though the discount sometimes decreases again in higher age groups. Insurers tend to look at whoever is the oldest of the named insured when calculating this discount.
When homes are protected with alarms, the likelihood of theft drops. Security systems that report their alarms to a monitoring service or the police provide heftier discounts.
2% to 2%
How does Travelers compare to other insurance companies? Click the following links below to compare Travelers to other top insurance companies.