State Farm vs. Travelers Insurance

State Farm vs. Travelers: What You Need to Know

State Farm and Travelers are two of the most respected insurance carriers in the industry. They offer a wide range of insurance products and both have very high rankings among JD Power, Moody's and S&P.

State Farm was founded in 1922 by George Jacob “G.J.” Mecherle, a retired farmer and insurance salesman. Originally, State Farm was a single-line auto insurance provider, but today they offer about 100 insurance products and services in 5 lines of insurance. As of 2017, State Farm has 70,000 employees and 48,000 agents. They have the largest agency pool of any company, with agents serving 83 million policies and accounts throughout the U.S.

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 State Farm Overview and Travelers Overview.

State Farm vs. Travelers: How much are the Average Rates?

State Farm vs. Travelers: Rates by Number of Vehicle

State Farm vs. Travelers: Rates by Homeownership

What Are State Farm and Travelers Insurance's Rating?

State Farm and Travelers are two of the biggest insurance carriers in the country. State Farm occupies a much bigger portion of the market share at 10.1% compared to Travelers who has just 1.8%. Both companies have excellent financial strength and JD Power ranks them as 'About Average'. Travelers has been around for 58 years longer. It was established in 1864. State Farm was founded in 1922. Overall, the two companies ratings are about the same.

State Farm or Travelers: Insurance Products Offered

State Farm and Travelers both offer a wide range of insurance products. Both companies offer your standard types of coverage including Auto, Home, Renters, Condo, Boat, Motorcycle, and Business insurance. State Farm offers life insurance coverage but Travelers does not, they only offer term life insurance through a subsidiary. Travelers offers more niche products than State Farm, including Energy Insurance, Cyber Insurance and Construction Insurance.

State Farm or Travelers: Ways to Save

Both companies offer numerous opportunities for discounts. Both State Farm and Travelers offer Multi-car, Multi-policy and Student discounts. Travelers offers a few additional discounts that State Farm doesn't, including Driver Training, Affinity Program Discounts, and Early Quote discounts.

State Farm or Travelers Mobile Apps Options

The State Farm 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.

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.

State Farm & Travelers Contact Info

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.