State Farm vs. Travelers Car Insurance: Expert Recommended (2023)

Our State Farm vs. Travelers car insurance guide explains everything you need to know about how to compare car insurance rates, coverage options, discounts, and third-party ratings.

Bundling your policies with the same company can add up to more savings. We also compare discounts and ratings from credible agencies that rate all of the best car insurance companies. Doing this can help more drivers find a suitable insurer that will help protect them and their vehicles, while not breaking the bank.

Looking for affordable State Farm vs. Travelers car insurance quotes? You can review different insurance policies and options from the comfort of your own home now. Enter your ZIP code to start comparing affordable car insurance companies in your area.

Is State Farm or Travelers car insurance cheaper based on age?

Generally speaking, the older we get, the more driving experience we have. This is why car insurance companies use age as one of the most influential factors in determining your insurance rate.

It’s legal to base car insurance rates on marital status and gender in most states; however, some have outlawed this practice. Let’s compare State Farm vs. Travelers car insurance rates based on age, gender, and marital status.

Travelers car insurance rates are only 5% cheaper than State Farm car insurance rates for drivers 25 and older.

However, Travelers is 66% more expensive than State Farm for teen drivers.

If you want a concentrated view of both companies, check out our State Farm insurance reviews and our Travelers insurance reviews for more details.

Is State Farm or Travelers car insurance cheaper based on driving record?

Speeding tickets, accidents, or DUIs on your driving record will raise your car insurance rates no matter what company you pick because these infractions make you a greater risk to insure. Any auto insurance company is going to look at what makes a driver high-risk, which means that if you don’t have a clean driving record, you could end up paying more for coverage.

In general, State Farm has cheaper car insurance rates than Travelers for drivers with any type of driving record.

However, Travelers is much more punitive with customers who get a speeding ticket, cause an accident, or get a DUI.

If you get a speeding ticket or cause an accident while with Travelers, expect your rates to increase by 24%. If you get a DUI, your car insurance rates will increase by 67%.

If you get a blemish on a clean driving record with State Farm, your rates will not increase as much as with Travelers. Your State Farm car insurance rates will only increase 13% to 29% for a traffic violation.

In situations like these, it’s best to consider taking a defensive driving course. There are plenty of ways to practice safe driving habits and to make your record cleaner. That way you can begin to keep your insurance costs down no matter which company you choose.

Is State Farm or Travelers car insurance cheaper based on credit score?

Your good credit score can drop in a matter of months if you experience some type of financial trauma, like incurring medical debt or going through a divorce.

In most states, it’s legal for car insurance companies to base rates on your credit score; however, some are outlawing this practice along with basing rates on gender and marital status.

Car insurance companies justify using your credit score based on the assumption that those with higher credit scores are more responsible and safer drivers who are less likely to file a claim.

Let’s take a look at how State Farm and Travelers set rates for drivers with different credit scores.

The State Farm car insurance rates come in cheaper than the Travelers rates if you have bad credit.

If your credit score tanks while with State Farm, expect to pay more than twice as much as drivers with good credit. On the other hand, Travelers’ car insurance rates will increase by only 27%.

Before you judge these two companies’ rates based on credit score alone, read about your state’s car insurance laws and examine rates from a variety of companies.

Does State Farm or Travelers have better car insurance discounts?

Car insurance discounts vary widely — that’s why it pays to shop around. If you have a bad driving record or low credit score, discounts can help offset your high rates.

When comparing all discounts that the companies offer, State Farm has a total of 16 car insurance discounts while Travelers has 17 discounts. However, Travelers’ car insurance discounts are not as hefty.

State Farm’s best discounts range from 30% to 50%. These include discounts for low mileage, driving a new vehicle, having airbags, and using the company’s driving app or device.

Travelers’ best discounts range from 23% to 30%. Both State Farm and Travelers offer the same discount amount for being claim-free (15%) and being a safe driver (23%).

Compared to State Farm’s 50% discount for using its driving app or driving device, Travelers only offers a 30% discount.

The discounts offered by State Farm vs. Travelers car insurance companies often target specific types of drivers, so if you call to get your Travelers and State Farm quotes, be sure to ask about any additional discounts.

You should also ask about bundling your policies for even more savings. Compare State Farm vs. Travelers renters insurance or State Farm vs. Travelers home insurance and see if one of these policies might serve your needs.

What types of car insurance coverages are offered by State Farm and Travelers?

Since State Farm and Travelers are two of the 10 companies that make up most of the industry market share, they have the means to offer a wider variety of car insurance coverages that go beyond the standard six coverages listed below.

Be sure you understand the various car insurance coverage types before purchasing each one:

• Liability car insurance coverage (bodily injury and property damage)
• Comprehensive car insurance coverage
• Collision car insurance coverage
• Uninsured/underinsured car insurance coverage
• Medical payments (MedPay) car insurance coverage (particularly important in states that require no-fault car insurance)
• Personal injury protection (PIP) car insurance coverage

Be sure to take a closer look at specialty coverages, such as rental reimbursement, roadside assistance, guaranteed auto protection (GAP), mechanical breakdown, and insurance for recreational vehicles such as ATVs or boats.

Does State Farm or Travelers have better car insurance mobile apps?

Usage-based car insurance has become an industry trend in the last decade, and all of the bigger car insurance companies offer an app or a device installed in your car to evaluate your driving for a discount.

Large car insurance companies also provide a more general app to enable you to view your policy, make changes, and pay your bill.

Usually, your State Farm login or Travelers Insurance login will work with both the general app and the driving app.

How do State Farm and Travelers car insurance compare in financial strength and customer satisfaction?

Buying car insurance is a big financial responsibility, so you want to make sure you’re choosing the right company that will be there for you when you need it.

A company’s financial strength, customer satisfaction with the claims process, and number of customer complaints should be examined before you make your decision.

The following three agencies provide insight into these factors:

A.M. Best scores companies based on their ability to meet their ongoing insurance obligations, such as balancing premiums collected and claims paid. The highest score A.M. Best awards is Superior A++.

Consumer Reports collects annual data from its subscribers regarding customer satisfaction of the State Farm claims process and the Travelers claims process, step by step.

In its 2017 survey, 27 insurance companies were rated, and scores ranged from 86 to 96.

The National Association of Insurance Commissioners (NAIC) calculates a complaint ratio based on the total number of customers vs. the total number of complaints. In 2017, the national average complaint ratio was one. The lower the ratio, the better.

Let’s take a closer look at external ratings for State Farm and Travelers.

State Farm earns the highest rating (A++) from A.M. Best, and both State Farm and Travelers are on top of things when it comes to external ratings by government and consumer agencies.

You’ll have a good experience with State Farm and Travelers customer service, and you can expect both to handle your complaints with care.

It’s up to you whichever company is a better fit.

Before you buy State Farm vs. Travelers car insurance, use our FREE comparison tool to see the best car insurance quotes from companies in your area.