Which insurance company is right for you? Compare products, pros & cons and quotes from Allstate and Travelers.
Founded in 1931, Allstate is the nation’s largest publicly held personal lines insurer. It was founded by former Sears, Roebuck & Co President and Board Chairman, General Robert E. Wood, who initially sold policies through the mail, an innovative business move. The name Allstate was taken from a tire sold in the Sears catalog and the first sales location was in a Chicago Sears store. The first claim paid was to a man who showed up at the office holding a car door handle in his hand after an attempted car theft.
For more than 160 years Travelers Insurance has been protecting homes, cars, valuables, and businesses. Today they have the reputation of being one of the best property and casualty companies in the industry and are the only one in the Dow Jones Industrial Average. The company has 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom, Ireland and Brazil.
Below is a list of average rates, rankings, products and discounts for the two companies. For full company overviews, you can visit Allstate Overview and Travelers Overview.
When it comes to comparing Allstate and Travelers there are several factors to consider. Allstate is a much larger company with 4.9% of the market share compared to Travelers with just 1.8%. Both insurance companies have the same financial strength and JD Power Ranking. A full summary of the two carriers is listed below.
Comparison | Allstate | Travelers |
---|---|---|
Year Founded | 1931 | 1864 |
Market Share | 4.9% | 1.8% |
BBB Rating | A- | A+ |
Financial Strength | Excellent | Excellent |
JD Power Ranking | About Average | About Average |
Moody’s Rating | Aa3 | Aa2 |
NAIC Complaint Index | 1.03 | |
S&P Rating | AA- | AA |
Allstate and Travelers both offer a range of insurance products. Both companies offer Auto, Home, Renters, Condo, and Landlord coverage. Travelers offer a few additional products including Boat, Cyber, Healthcare Insurance and more. You can compare all the products that these two carriers offer below.
Insurance | Allstate | Travelers |
---|---|---|
Affinity Car & Home Program | ✔ | |
Boat & Yacht Insurance | ✔ | ✔ |
Business Insurance | ✔ | ✔ |
Car Insurance | ✔ | ✔ |
Commercial Auto and Trucking | ✔ | ✔ |
Commercial Property | ✔ | ✔ |
Condo Insurance | ✔ | ✔ |
Construction Insurance | ✔ | ✔ |
Cyber Insurance | ✔ | ✔ |
Energy & Renewable Insurance | ✔ | |
Financial Institutions | ✔ | |
General Liability | ✔ | ✔ |
Healthcare | ✔ | ✔ |
Home Insurance | ✔ | ✔ |
Jewelry and Valuable Items Coverage | ✔ | ✔ |
Landlord Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Management & Professional Liability | ✔ | ✔ |
Manufacturing | ✔ | |
Motorcycle Insurance | ✔ | |
Premiums Business Audit | ✔ | |
Real Estate | ✔ | |
Renters Insurance | ✔ | ✔ |
Risk Control Services | ✔ | |
Risk Management Information Services | ✔ | |
Roadside Assistance Coverage | ✔ | ✔ |
RV Insurance | ✔ | |
Small Business Owner’s Policy | ✔ | ✔ |
Surety Bonds | ✔ | ✔ |
Umbrella Insurance | ✔ | ✔ |
Wedding & Events Insurance | ✔ | ✔ |
Workers Compensation | ✔ | ✔ |
Who doesn't want to save money on their car insurance? Carriers will typically offer discounts to drivers based on specific criteria. Below are the discounts offered by Allstate and Travelers.
Allstate | Travelers |
---|---|
Allstate eSmart Discount | Affinity Program Discounts |
Anti-Lock Brake Discount | Continuous Insurance Discount |
Anti-Theft Device Discount | Driver Training Discount |
Deductible Rewards | Early Quote Discount |
Early Signing Discount | EFT, Paid in Full and Good Payer Discount |
EZ Pay Plan Discount | Good Student Discount |
FullPay Discount | Home Ownership Discount |
Multiple Policy Discount | Hybrid/Electric Vehicle Discount |
New Car Discount | IntelliDrive Program Safe Driving Discount |
Responsible Payer Discount | Multi-Policy Discount |
Safe Driving Bonus | Multi-Car Discount |
Smart Student Discount | New Car Discount |
Safe Driver Discount | |
Student Away at School Discount |
The Allstate Mobile app is available for iOS and Android. It offers instant agent access, digital ID cards, the ability to see policy documents, choose modes of communication and manage claims with the option of uploading photos of damage after an accident. Drivewise measures safe driving behavior and can earn customers discounts. The app also features an Escape Route that creates a safe path to exit a fire.
The Travelers Mobile app is available for iOS and Android. This award-winning mobile app can help manage insurance and banking accounts, request roadside service, file and track claims and pay bills.
Allstate Mobile App | ||
---|---|---|
iOS | 4.8 | 238K user reviews |
Android | 4.4 | 28K user reviews |
Travelers Mobile App | ||
---|---|---|
iOS | 2.7 | 15K user reviews |
Android | 3.3 | 16K user reviews |
Allstate Contact Info | |
---|---|
Address | P.O. Box 660598, Dallas, TX 75266-0598 |
Phone | 1-877-810-2920 |
Website | https://www.allstate.com |
https://www.facebook.com/allstate | |
https://twitter.com/allstate | |
Youtube | https://www.youtube.com/allstate |
https://www.linkedin.com/company/allstate/ |
Travelers Contact Info | |
---|---|
Address | 485 Lexington Ave New York, NY 10017 |
Phone | 1-800-328-2189 |
Website | https://www.travelers.com |
https://www.facebook.com/travelers | |
https://twitter.com/travelersinsurance | |
Youtube | https://www.youtube.com/user/travelersinsurance |
https://www.linkedin.com/company/travelers |
Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
Answer a few questions and let Penny find the best rates in your area.