Travelers is one of the top most expensive home insurance companies in the United States, with rates 27 percent higher than average. However, the company offers below-average insurance rates in many of the categories surveyed and earns top marks from policyholders for managing claims. For example, the IntelliDrive program alone can reduce your annual insurance rates by up to 30% if you have good driving habits, making travelers more affordable. In addition, Travelers offers a broader set of additional coverages than most insurance companies, along with standard options such as comprehensive liability and collision coverage.
Travelers issued its first insurance policy in 1864, when its founder charged a Hartford banker two cents for protection against accidents when returning home from work. Auto insurance for travelers is available in 42 states plus Washington, DC, and offers an excellent list of coverages at affordable prices. Ultimately, deciding if Travelers car insurance is right for you depends on the balance between quality and price. Travelers offers a wide range of car insurance discounts which can be useful in reducing the company's high rates.
The company is a recognized and established insurance provider with a long history of covering auto and home claims. In the US, it has existed for more than 165 years and offers many opportunities for auto insurance discounts. However, homeowners insurance tends to be very expensive. Travelers is considered a good insurance company because it has financial stability and a strong credit rating of A.
While Musson says that Travelers car insurance policies tend to be more expensive than those of the competition, he recommends the company to drivers who want premium car insurance policies. If you want to combine a home or car with another type of coverage, Travelers offers a wide range of insurance products.
