Geico and Progressive are better than Travelers, based on factors like average premiums, number of discounts available, and customer service record. Of the 10 largest car insurance companies, only Geico and USAA are cheaper than Travelers, on average.
Travelers vs. Popular Alternatives
Insurance Company | Average Premium | WalletHub Editor Rating |
$893 per year | 4.2 | |
$796 per year | 4.4 | |
$1,033 per year | 3.9 | |
$1,032 per year | 4.1 | |
$1,262 per year | 2.9 |
Note: Average premiums are based on drivers in California with minimum coverage. Actual rates will vary.
Travelers Pros & Cons
Pros
Cons
For more information about how Travelers compares to its competitors, check out WalletHub's full Travelers review.
This answer was first published on 09/19/23 and it was last updated on 03/27/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
Cons
For more information about how Travelers compares to its competitors, check out WalletHub's full Travelers review.
People also ask
How do I cancel Travelers insurance?
To cancel Travelers insurance, the policyholder call a representative at 1-800-842-5075, cancel by mail, or cancel in person. You will need to provide basic information about yourself, your Travelers policy number, and the date you would like your policy to end. Travelers may also ask for the details of your new car insurance policy to verify you won't be driving without insurance. If you've already paid your premium for the policy period in full, Travelers will refund...
How can I get cheaper car insurance?
The best way to get cheaper car insurance is to compare quotes from multiple companies and then switch to whichever insurer offers the coverage you want at the cheapest rate. Other ways to get cheaper car insurance include taking advantage of discounts, improving your driving record, and raising your credit score.
10 Ways to Get Cheaper Car Insurance
1. Compare quotes every 6-12 months.
Every car insurance company calculates premiums slightly differently,...
Why is Travelers so cheap?
Travelers is so cheap because the company offers a wide variety of discounts that almost anyone can get. A minimum coverage policy from Travelers costs an average of $74 per month, and Travelers premiums can be made even cheaper by taking advantage of discounts such as continuous insurance discount and paid-in-full discount. Plus, Travelers rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such as home and auto.
Average...