Which insurance provider is right for you? Compare cost, insights, and quotes from Nationwide and Travelers.
Murray D. Lincoln formed the company the Farm Bureau Mutual Automobile Insurance Company with the goal of selling auto insurance at low rates for farmers in Ohio. In 1926, the first policy was sold. In 1928, Farm Bureau Mutual begins to expand into other states including West Virginia, Maryland, Delaware, Vermont, and North Carolina. By 1934, the company was insuring motorists in metropolitan areas and writing property insurance policies too and by 1943 was operating in 12 states and the District of Columbia. It was in 1955 that the company changed its name to nationwide, with an expansion into 20 new states. In 1982, Nationwide acquires a 100-year-old company and America’s leading farm insurer and goes public in 1997. In the year 2000, the Nationwide Arena opens and becomes home to a National Hockey League franchise, the Columbus Blue Jackets. In 2007, the Nationwide Bank opens. Today, Nationwide is a Fortune 100 company with a full range of insurance and financial services across the country, including car, motorcycle, boat, homeowners, pet, farm, life and commercial insurance, annuities, mortgages, mutual funds, pensions, long-term savings plans and specific health services.
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. In 1864, a stonecutter, James G. Batterson, and several other townsman in Hartford Connecticut began organizing a company to introduce accident insurance to the U.S. James E. Bolter, a local banker, asked Batterson how much he’d charge to insure his four-block home. Batterson said it would cost “two cents.” Today, the two-cent “premium” is Traveler’s treasured souvenir. The following year, Travelers began selling life insurance and in 1897 they issued their first automobile insurance policy. In 1889, they offered liability insurance to employers (workers compensation). By 1901 Travelers Insurance offered health and liability insurance. In 1903, they opened an insurance school and the following year organized a corps of safety engineers. In 1919, Travelers offered aircraft liability insurance with a full aviation program. During World War II, Travelers underwrote the Manhattan Project, the building of the first atomic bomb. In 1956, they established a weather research center and two years later offered life insurance to women at lower rates than men.
Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Nationwide Overview and Travelers Overview.
Below is a list of the average rates that drivers typically pay with Nationwide and Travelers. On average, Nationwide charges approximately $85.92 per month while Travelers comes in at around $157.60 per month. For Nationwide, the cheapest state average is Florida at $0.11 per month and the most expensive is California at $236.60 per month. For Travelers, the cheapest state average is Maine at $75.61 per month and the most expensive is Nevada at $209.49 per month.
|District of Columbia||$230.70||-|
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Nationwide and Travelers typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||Nationwide||Travelers|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Nationwide charges $32.09 per month and Travelers charges $164.55 per month for customers who own their home.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Nationwide and Travelers ranked among the industry ratings.
|A.M. Best Rating||A+|
|JD Power Ranking||About Average||About Average|
|NAIC Complaint Index||0.38||0|
What coverage is available through Nationwide and Travelers? Both insurance companies offer Auto, Commercial, Health, Home, RV insurance. Additional products from Nationwide insurance also includes Farm, Life, Motorcycle, and Pet insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Nationwide and Travelers Insurance page.
Travelers offers a wide range of discounts to its policyholders, including Continuous Insurance, Driver Training, and Early Quote discounts. In contrast, Nationwide also offers a few discounts that Travelers doesn’t, including SmartRide, Passive Occupant Restraint, and Paperless Documents discounts. Start taking advantage of discounts offered by insurance providers like Travelers and Nationwide insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
|Accident-free Discount||Affinity Program Discounts|
|Advance Quote Discount||Continuous Insurance Discount|
|Affinity Car Insurance Discounts||Driver Training Discount|
|Anti-theft Discount||Early Quote Discount|
|Defensive Driving Discount||EFT, Paid in Full and Good Payer Discount|
|Easy Pay Discount||Good Student Discount|
|Farm Bureau Discount||Home Ownership Discount|
|Good Student Discount||Hybrid/Electric Vehicle Discount|
|Long-term Policyholder Discount||IntelliDrive Program Safe Driving Discount|
|Multi-policy Discount||Multi-policy Discount|
|Nationwide Family Plan||MultiCar Discount|
|New Vehicle||New Car Discount|
|Paperless Documents||Safe Driver Discount|
|Passive Occupant Restraint Discount||Student Away at School Discount|
The Nationwide Mobile App for Android, iPhone and iPad lets you access accounts on the go. The app features fingerprint and facial login to a dashboard where you make payments, manage payment methods and save or share ID cards with drivers on your policy. You can also file a claim and check on its status. The app comes fully equipped to connect with roadside assistance too.
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.
|Nationwide Mobile App|
|iOS||3.6||3K user reviews|
|Android||4.3||1.4K user reviews|
|Travelers Mobile App|
|iOS||2.7||15K user reviews|
|Android||3.3||16K user reviews|
|Nationwide Contact Info|
|Address||P.O. Box 742522, Cincinnati, OH 45274-2522|
|Travelers Contact Info|
|Address||485 Lexington Ave New York, NY 10017|
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.
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