Nationwide vs. Travelers Insurance

Which insurance provider is right for you? Compare cost, insights, and quotes from Nationwide and Travelers.

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Nationwide vs. Travelers: What You Need to Know

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.

Nationwide vs. Travelers: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Nationwide and Travelers. On average, Nationwide charges approximately $216.59 per month while Travelers comes in at around $183.91 per month. For Nationwide, the cheapest state average is North Carolina at $97.41 per month and the most expensive is New York at $347.68 per month. For Travelers, the cheapest state average is Maine at $89.51 per month and the most expensive is Michigan at $272.32 per month.

Nationwide

Average Rate

$216.59
Travelers

Average Rate

$183.91
National

Average Rate

$120.03
State Nationwide Travelers
Alabama $141.77 $115.58
Arizona $210.92 $144.42
Arkansas $133.53 -
California $265.06 -
Colorado $178.07 -
Connecticut $184.57 $178.33
Delaware $177.42 $155.72
District of Columbia $236.11 -
Georgia $183.60 -
Idaho $126.96 $174.83
Illinois $152.06 $115.82
Indiana $131.34 $153.34
Iowa $113.15 $141.42
Kansas $139.95 $156.15
Kentucky $251.95 $188.20
Maine- $89.51
Maryland $209.85 -
Michigan $338.92 $272.32
Minnesota $190.79 -
Mississippi $145.67 $201.51
Missouri $170.07 -
Nebraska $124.51 -
Nevada $332.03 $212.95
New Hampshire $129.86 -
New York $347.68 $238.17
North Carolina $97.41 $101.66
Ohio $121.29 -
Oregon $132.97 $133.33
Pennsylvania $135.28 $215.06
Rhode Island $227.51 $222.54
South Carolina $141.06 $116.45
Tennessee $154.16 $135.84
Texas $244.59 -
Utah $134.96 -
Vermont $103.93 -
Virginia $150.72 -
Washington $138.32 $143.47
West Virginia $190.45 -
Wisconsin $115.81 -

Nationwide vs. Travelers: Rates by Number of Vehicle

Home

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
1 Vehicle $202.32 $174.81
2 Vehicles $268.06 $218.20
3 Vehicles $413.69 $306.68
4 Vehicles $457.61 $401.41

Nationwide vs. Travelers: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Nationwide charges $196.91 per month and Travelers charges $164.77 per month for customers who own their home.

Own/Rent Nationwide Travelers
Own $196.91 $164.77
Rent $224.94 $192.36

What is Nationwide and Travelers Insurance Rating?

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.

ComparisonNationwideTravelers
Year Founded19251864
Market Share2.7%1.8%
A.M. Best RatingA+
BBB RatingA+A+
Financial StrengthExcellentExcellent
JD Power RankingAbout AverageAbout Average
Moody’s RatingA1Aa2
NAIC Complaint Index0.380
S&P RatingA+AA

Nationwide or Travelers: Insurance Products Offered

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.

InsuranceNationwideTravelers
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Pet Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Nationwide or Travelers: Ways To Save

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.

NationwideTravelers
Accident-free DiscountAffinity Program Discounts
Advance Quote DiscountContinuous Insurance Discount
Affinity Car Insurance DiscountsDriver Training Discount
Anti-theft DiscountEarly Quote Discount
Defensive Driving DiscountEFT, Paid in Full and Good Payer Discount
Easy Pay DiscountGood Student Discount
Farm Bureau DiscountHome Ownership Discount
Good Student DiscountHybrid/Electric Vehicle Discount
Long-term Policyholder DiscountIntelliDrive Program Safe Driving Discount
Multi-policy DiscountMulti-policy Discount
Nationwide Family PlanMultiCar Discount
New VehicleNew Car Discount
Paperless DocumentsSafe Driver Discount
Passive Occupant Restraint DiscountStudent Away at School Discount
SmartRide Discount

Pros & Cons of Nationwide & Travelers

Pros

Nationwide
  • Up to 20% off when you bundle home, auto, life and other policies with Nationwide.
  • Big savings for safe driving history.
  • On Your Side Auto Repair Network guarantees workmanship on repairs.
  • Vanishing deductible.
Travelers
  • Unlike other carriers who only offer it for the first two or three years, Travelers’ new car replacement covers the first five years.
  • Travelers offer accident forgiveness.
  • Offers ridesharing insurance.
  • Discounts on hybrids and electric vehicles.

Cons

Nationwide
  • High rates for people with an imperfect driving history.
  • Credit check in most states.
Travelers
  • Prices tend to be high.

Nationwide or Travelers Mobile Apps Options

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     3.63K user reviews
Android     4.31.4K user reviews
Travelers Mobile App
iOS     2.715K user reviews
Android     3.316K user reviews

Nationwide & Travelers Contact Info

Nationwide Contact Info
AddressP.O. Box 742522, Cincinnati, OH 45274-2522
Phone1-877-669-6877
Websitehttps://www.Nationwide.com
Facebookhttps://www.facebook.com/nationwide/
Twitterhttps://twitter.com/Nationwide
Youtubehttps://www.youtube.com/channel/nationwide
Linkedinhttps://www.linkedin.com/company/nationwide/
Travelers Contact Info
Address485 Lexington Ave New York, NY 10017
Phone1-800-328-2189
Websitehttps://www.travelers.com
Facebookhttps://www.facebook.com/travelers
Twitterhttps://twitter.com/travelersinsurance
Youtubehttps://www.youtube.com/user/travelersinsurance
Linkedinhttps://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.

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