Which insurance carrier is right for you? Compare coverage, insights, and quotes from Travelers and Liberty Mutual.
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.
Liberty Mutual Group is a global insurer and the fourth-largest property and casualty insurer in the U.S, ranking 68th on Fortune 100 list of the largest corporations in the U.S. The company has assets of more than $100 billion. Today the group employs over 50,000 people in over 900 locations around the globe, including 45 U.S. states. Liberty Mutual formed on July 1, 1912, as Massachusetts Employees Insurance Association (MEIA) and emerged after state law began to require that employers carry protection for their employees. MEIA provided workers’ compensation insurance to companies, and the first auto policy was sold in 1918. In 1920, the company used a then-new medium of film to teach people about workplace safety. The first Liberty Mutual home office opened its doors in Boston in 1937. In 1946, they created an emergency stop switch for escalators. In 1957 Liberty Mutual and Cornell University partnered to create a “safety car” by crash testing with dummies, something that had never been done before. In 1964, Liberty Mutual began selling life insurance though the Liberty Life Assurance Branch. The first battery-powered prosthetic elbow was created by the company in 1967. As Liberty Mutual grew, it expanded beyond North America by opening its first operation in the UK. In the 1990s, they continued to grow through the acquisition of large commercial and risk carriers. In 2008, Safeco became a part of Liberty Mutual. In 2016 reaffirmed its commitment to innovation by creating Solar Labs.
Below is a list of the average rates that drivers typically pay with Travelers and Liberty Mutual. On average, Travelers charges approximately $152.14 per month while Liberty Mutual comes in at around $293.09 per month. For Travelers, the cheapest state average is South Carolina at $93.30 per month and the most expensive is Oregon at $208.73 per month. For Liberty Mutual, the cheapest state average is California at $0.00 per month and the most expensive is Nevada at $489.93 per month.
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Travelers and Liberty Mutual typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||Travelers||Liberty Mutual|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Travelers charges $154.14 per month and Liberty Mutual charges $320.08 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 Travelers and Liberty Mutual ranked among the industry ratings.
|A.M. Best Rating||a|
|JD Power Ranking||About Average||About Average|
|NAIC Complaint Index||0|
|NAIC Complaint Ratio||4.55|
What coverage is available through Travelers and Liberty Mutual? Both insurance companies offer Auto, Commercial, Condo, Health, Home, Renters, RV, and Umbrella insurance. Additional products from Liberty Mutual insurance also include Pet insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Travelers and Liberty Mutual Insurance page.
Travelers offers a wide range of discounts to its policyholders, including Continuous Insurance, Driver Training, and Early Quote discounts. However, Liberty Mutual also offers a few discounts that Travelers doesn’t, including Violation Free, Student-Away-at-School, and Righttrack telematics device discount discounts. Start taking advantage of discounts offered by insurance providers like Liberty Mutual and Travelers insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
|Affinity Program Discounts||Accident Free Discount|
|Continuous Insurance Discount||Advanced Safety Features Discount|
|Driver Training Discount||Alternative Energy Discount|
|Early Quote Discount||Anti-Theft Device Discount|
|EFT, Paid in Full and Good Payer Discount||Bundle Discounts|
|Good Student Discount||Early Shopper Discount|
|Home Ownership Discount||Good Student Discount|
|Hybrid/Electric Vehicle Discount||Homeowner Discount|
|IntelliDrive Program Safe Driving Discount||Military Discount|
|Multi-policy Discount||Multi-Car Discount|
|MultiCar Discount||Multi-Policy Discount|
|New Car Discount||Online Purchase Discounts|
|Safe Driver Discount||Paperless Policy Discount|
|Student Away at School Discount||Pay-in-Full Discount|
|Preferred Payment Discount|
|Righttrack telematics device discount|
|Violation Free Discount|
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.
The Liberty Mutual app is available for iOS and Android. This insurance concierge is where you can report accidents or update personal information 24/7.
|Travelers Mobile App|
|iOS||2.7||15K user reviews|
|Android||3.3||16K user reviews|
|Liberty Mutual Mobile App|
|iTunes||4.8||26.6K user reviews|
|Google Play||4.2||3.8K user reviews|
|Travelers Contact Info|
|Address||485 Lexington Ave New York, NY 10017|
|Liberty Mutual Contact Info|
|Address||175 Berkeley Street, Boston, Massachusetts|
|Phone||1 (888) 398-8924|
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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