Our take

Travelers scored at the top of the Insure.com 2023 Best Insurance Companies auto survey for customer satisfaction. Our survey also found that Travelers scored well for home and auto bundling and was a top pick for being recommended by its customers to others. In addition, Travelers has cheaper rates than many of its competitors.

With customers’ positive response in terms of overall satisfaction and high customer loyalty, Travelers is one of Insure.com’s top picks for auto insurance in 2023. It ranked No. 4 in Insure.com’s Best Car Insurance Companies ranking for 2023 with 3.7 stars out of 5.

Below is Insure.com’s review of the company. It’s based on third-party metrics and an in-depth survey of insurance customers. Find the full methodology here, including an explanation of our survey scores.

travelers
Travelers Ratings
Overall Rating: 3.7
Average Premium: 4.0
NAIC: 1.03
Customer Satisfaction: 4.8
AM Best Rating: A++

Pros and Cons

Pros:
  • High ranking for customer satisfaction
  • High renewal rate
  • Available in all 50 states and Washington, D.C.
Cons:
  • Average policy offerings
  • Lower score on J.D. Power’s claims survey
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How much Travelers costs

Travelers has low rates compared to other companies in our survey, with a national average cost of $1,488 a year, which is $124 a month. That’s a lot lower than many competitors, although it isn’t the cheapest of the car insurance companies surveyed.

Insurance company Monthly rate/premium
Travelers $124
Geico $106
State Farm $120

How Travelers scores for customer satisfaction

Travelers has high rankings for customer satisfaction and is one of the two top-rated companies in our ranking, the other being Erie. Of the Travelers customers who responded to our survey, 96% said they are satisfied or highly satisfied with Travelers.

Another customer satisfaction metric to consider is J.D. Power’s auto insurance survey. It doesn’t rate car insurance companies nationally, so our editorial team averaged out Travelers’ regional scores to get an idea of how the company performed. Travelers scored 829/1,000, just below the average of 834.

Insurance company Percent of customers satisfied with the company overall
Travelers 96%
Erie 96%
American Family 92%

How Travelers scores on ease of service

Eighty-five percent of customers were pleased with the company’s ease of service, saying they are either satisfied or highly satisfied. That’s not the top score, but it ranks the company reasonably well. Most companies in our survey, including Travelers, were in this category’s 80-90 percentile range.

Insurance company Percent of customers satisfied with the company’s ease of service
Travelers 85%
Liberty Mutual 92%
Erie 87%

How Travelers scores on policy offerings

When it comes to policy offerings, Travelers is right in the middle – 85% of customers surveyed said they were satisfied or highly satisfied with the company’s offerings.

Insurance company Percent of customers satisfied with the company’s policy offerings
Travelers 85%
Erie 91%
Progressive 84%

Would current customers recommend Travelers to others?

Customers would overwhelmingly recommend Travelers to their friends and relatives. Of the companies we ranked, Travelers and Erie topped this category with 96% of their customers saying they’d recommend the company to others.

Insurance company Percent of customers who would recommend their auto insurance company to others
Travelers 96%
Erie 96%
Auto-Owners 91%

How trustworthy is Travelers?

Customers find Travelers to be a reasonably trustworthy auto insurance company. In the survey, 81% of customers said they trusted the company, which was a good score and above the average. State Farm topped this category.

Insurance company Percent of customers who say they trust their auto insurance company
Travelers 81%
Average score 77%
State Farm 84%

Do Travelers customers plan to renew?

Most of the Travelers customers in our survey said they plan to renew their auto insurance. Travelers’ 96% score in this category is a high rating, although not the highest.

Insurance company Percent of customers who plan to renew with their auto insurance company
Travelers 96%
Erie 100%
Progressive 97%

How Travelers scores on claims handling

Travelers is among the best regarding claims satisfaction and survey respondents ranked it second in this category.

Looking at a third party metric: In the 2022 J.D. Power Auto Claims Satisfaction survey, the company had a score of 854/1,000. The average in that survey was 873.

Insurance company Rank for claims handling
Nationwide 1
Travelers 2
Allstate 3

How Travelers scores for bundling home and auto policies

Auto and home bundling was one of Travelers’ best categories. The company scored well with a high survey score of 81% – better than competitors such as Allstate and Travelers.

Comparing the company with competitors, Travelers’ average auto and home discount is low at 10%. Again, the cheap base rates might make a difference here.

Insurance company Discount for bundling home and auto Survey score for auto and home bundle
Travelers 10% 81%
Allstate 16% 63%
Farmers 21% 62%

Travelers car insurance coverages

  • Personal car insurance
  • Motorcycle insurance
  • Affinity car and home insurance
  • Boat and yacht insurance

Travelers additional insurance policies

  • Home insurance
  • Renters insurance
  • Condo insurance
  • Umbrella insurance
  • Landlord insurance
  • Jewelry and valuable items coverage
  • Wedding and events insurance
  • Pet insurance
  • Travel insurance

Travelers car insurance options

  • Liability
  • Uninsured/underinsured motorist
  • Collision
  • Comprehensive
  • Medical payments
  • Personal injury protection
  • Named non-owner
  • Roadside assistance
  • Loan/lease gap
  • Rental
  • New car replacement
  • Accident forgiveness
  • Rideshare coverage

Travelers car insurance discounts

  • Multi-policy
  • Multi-car
  • Home ownership
  • Safe driver
  • Continuous insurance discount
  • Hybrid/electric car discount
  • New car discount
  • EFT/good payer/paid-in-full discount
  • Early quote

States where Travelers offers coverage

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Company background

travelers

Travelers is one of the largest insurance companies in America. It’s the second-largest writer of commercial property casualty insurance and is in the top 100 of the Fortune 500. The company has more than 30,000 employees and has offices in all 50 states and operations in Europe, Asia, and South America. Originally founded in Minnesota, Travelers is now headquartered in New York.