Which insurance carrier is right for you? Compare ratings, savings, and quotes from Safeco and Travelers.
In 1923, Hawthorne K. Dent founded the General Insurance Company of America. Most insurance activity during that time was taking place in the Northeast, so its Seattle location made “The General” a pioneer not only geographically but also with their competitive prices and great service. Today, however, “the General” is called Safeco, and they offer insurance to people across the country. It was in 1953 that the General Insurance Company of America created a subsidiary called Selective Auto and Fire Insurance Company of America (SAFECO). It was intended to compete with the national companies using computer automation tools, which allowed them to enter the life insurance business. By the end of the 1960s, the company also began offering mutual funds and commercial lines of credit. It became so successful that the changed the name entirely to Safeco. In 1997, Safeco began expanding east by acquiring American States Financial Corporation, doubling its agency in size. They soon became a leading insurer for small to mid-sized businesses. In 2002, the company’s dedication to automated technology helped the company recover from the slump of the late 1990s. In 2004, Safeco sold its life and investment division to refocus on surety bonds and its property and casualty lines of insurance. In 2008, Safeco was bought by Liberty Mutual Insurance Company, a change that allows Safeco to focus solely on personal insurance lines today.
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 the average rates that drivers typically pay with SAFECO and Travelers. On average, SAFECO charges approximately $170.42 per month while Travelers comes in at around $178.83 per month. For SAFECO, the cheapest state average is Florida at $47.80 per month and the most expensive is North Dakota at $334.33 per month. For Travelers, the cheapest state average is Idaho at $84.76 per month and the most expensive is Michigan at $248.78 per month.
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that SAFECO and Travelers typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||SAFECO||Travelers|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average SAFECO charges $162.51 per month and Travelers charges $161.48 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 Safeco and Travelers ranked among the industry ratings.
|JD Power Ranking||About Average||About Average|
|NAIC Complaint Index||1.08||0|
What coverage is available through Safeco and Travelers? Both insurance companies offer Auto, Commercial, Condo, Home, Renters, RV, and Umbrella insurance. Additional products from Safeco insurance also includes 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 SAFECO and Travelers Insurance page.
Safeco offers a wide range of discounts to its policyholders, including Accident Prevention, Diminishing Deductible, and Distant Student discounts. In contrast, Travelers also offers a few discounts that Safeco doesn’t, including Student Away at School, Safe Driver, and New Car discounts. Start taking advantage of discounts offered by insurance providers like Travelers and Safeco insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
|Accident Forgiveness||Affinity Program Discounts|
|Accident Prevention||Continuous Insurance Discount|
|Diminishing Deductible||Driver Training Discount|
|Distant Student Discount||Early Quote Discount|
|Driver Training Discount||EFT, Paid in Full and Good Payer Discount|
|Good Student Discount||Good Student Discount|
|New Teen Reward||Home Ownership Discount|
|Newly Independent Discount||Hybrid/Electric Vehicle Discount|
|Teen Safety Rewards||IntelliDrive Program Safe Driving Discount|
|Telematics Reward (Safeco RightTrack)||Multi-policy Discount|
|Tenture Award||MultiCar Discount|
|New Car Discount|
|Safe Driver Discount|
|Student Away at School Discount|
The Safeco Insurance mobile app is available for iOS and Android. This insurance concierge gives you access to your policy 24/7. This mobile and tablet friendly app help you pull up your ID cards, make a payment, manage your policies and file a claim as well as submit accident photos.
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.
|Safeco Mobile App|
|iOS||4.7||5.4K user reviews|
|Android||3.8||416 user reviews|
|Travelers Mobile App|
|iOS||2.7||15K user reviews|
|Android||3.3||16K user reviews|
|Safeco Contact Info|
|Address||1400 South Highway Drive, Suite 100, Fenton, MO, 63026|
|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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