Travelers Property Casualty Company of America Review (2024)
Travelers Property Casualty Company of America stands as a stalwart in the insurance landscape, renowned for its A++ A.M. Best rating and commitment to offering a diverse range of coverage options, combining competitive rates with a rich historical legacy dating back to the 19th century.
Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
UPDATED: Jun 14, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jun 14, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Travelers Property Casualty Company of America
Average Monthly Rate For Good Drivers
$99A.M. Best Rating:
A++Complaint Level:
LowPros
- Extensive range of insurance options.
- Strong financial stability.
- Customizable policies to suit individual needs.
- Nationwide availability.
- Reputation for excellent customer service.
Cons
- Rates may not be the absolute cheapest.
- Specialized insurance may come at a higher cost.
- Some policyholders may find the application process lengthy.
Travelers Property Casualty Company of America, renowned for its A++ A.M. Best rating and low complaint level, stands as a stalwart in the insurance landscape. Offering a diverse range of coverage options, from property and auto insurance to specialized and liability coverage, Travelers caters to the individualized needs of its customers.
This insurance giant, with a rich history dating back to the 19th century, combines financial strength with excellent customer service and an array of discounts to provide peace of mind to policyholders nationwide. Competitive pricing and a commitment to serving both personal and business insurance needs, a trusted choice in the ever-competitive insurance market.
Travelers Companies, Inc. Insurance Coverage Options
When it comes to protecting your assets and well-being, Travelers Property Casualty Company of America offers a diverse range of coverage options to meet your needs. From safeguarding your home to insuring your vehicle and more, Travelers has you covered.
Property Insurance
- Homeowners Insurance
- Condo Insurance
- Renters Insurance
- Landlord Insurance
Auto Insurance
- Liability Coverage
- Collision Coverage
- Comprehensive Coverage
- Personal Injury Protection
- Uninsured/Underinsured Motorist Coverage
Liability Insurance
- Personal Liability Insurance
- Business Liability Insurance
- Professional Liability Insurance
- Umbrella Insurance
Specialized Insurance
- Cyber Insurance
- Identity Theft Insurance
- Jewelry and Valuable Items Insurance
- Wedding and Events Insurance
- Flood Insurance
Travelers Property Casualty Company of America offers a wide array of coverage options designed to provide you with peace of mind and financial security. Whether you’re protecting your home, car, business, or personal assets, Travelers’ customizable policies ensure that you have the coverage you need when you need it.
Read more: Travelers Specialty Insurance Company Review
Compare Insurance Providers Rates to Save Up to 75%
Secured with SHA-256 Encryption
Travelers Companies, Inc. Insurance Rates Breakdown
*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver
Driver Profile Tri-State National Average
Clean Record $83 $119
1+ Ticket $125 $147
1+ Accident $167 $173
DUI $190 $209
Poor Credit $143 $205
Read more: Tri-State Insurance Company of Minnesota: Customer Ratings & Reviews
Travelers Companies, Inc. Discounts Available
*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver
Driver Profile Travelers Property National Average
Clean Record $42 $119
1+ Ticket $54 $147
1+ Accident $88 $173
DUI $117 $209
Poor Credit $72 $205
Travelers Property Casualty Company of America provides various discounts to help policyholders save on their insurance premiums. Here’s a list of some of the discounts offered by the company:
- Multi-Policy Discount: Save when you bundle multiple insurance policies with Travelers, such as home and auto insurance.
- Safe Driver Discount: Enjoy lower rates if you have a clean driving record without accidents or violations.
- Continuous Insurance Discount: Receive a discount for maintaining continuous coverage without lapses.
- Homeownership Discount: If you own a home, you may qualify for additional savings on your auto insurance.
- Multi-Car Discount: Insure multiple vehicles with Travelers, and you can lower your premium.
- Good Student Discount: Students with good grades may be eligible for reduced rates on their auto insurance.
- Driver Training Discount: Completing a recognized driver training course, especially for young drivers, can lead to discounts.
- Safety Features Discount: If your vehicle is equipped with safety features like anti-lock brakes or anti-theft devices, you may save on your premium.
- Hybrid/Electric Vehicle Discount: Travelers offer discounts to environmentally-conscious drivers who own hybrid or electric vehicles.
- Early Quote Discount: Get rewarded for obtaining a quote from Travelers before your current policy expires.
- Paperless Billing Discount: Opt for electronic billing and policy documents to receive a discount.
- Payment Discounts: Save by choosing a preferred payment method, such as paying your premium in full or setting up automatic payments.
The eligibility for these discounts may vary depending on your location and specific policy details. To get precise information about available discounts and how they apply to your situation, it’s advisable to contact Travelers directly or visit their official website.
How Travelers Companies, Inc. Ranks Among Providers
Travelers Property Casualty Company of America operates in a highly competitive insurance industry. Its main competitors are other well-established insurance companies that offer similar types of coverage and have a significant market presence. Here are some of Travelers’ main competitors:
- State Farm: State Farm is one of the largest insurance providers in the United States and offers a wide range of insurance products, including auto, home, and life insurance. They have a massive customer base and a strong network of agents.
- Geico: Known for its extensive advertising campaigns, Geico specializes in auto insurance but also offers other insurance products. They are recognized for competitive pricing and online service.
- Progressive: Progressive is another major player in the auto insurance market. They are known for their innovative approach, including the use of telematics devices to offer personalized rates based on driving behavior.
- Allstate: Allstate offers a variety of insurance products, including auto, home, and life insurance. They are known for their extensive agent network and comprehensive coverage options.
- Liberty Mutual: Liberty Mutual is a global insurer offering a wide range of insurance products and services. They have a strong presence in both personal and commercial insurance markets.
- Nationwide: Nationwide is known for its insurance and financial services. They provide auto, home, and pet insurance, among other products, with a focus on customer service and member benefits.
- Farmers: Farmers Insurance offers a range of insurance products, including auto, home, and business insurance. They are known for their local agents and personalized service.
- USAA: While primarily serving military members and their families, USAA is a notable competitor in the insurance industry. They offer a wide array of insurance and financial services.
- AIG: American International Group is a global insurance giant that provides various insurance products, including property, casualty, and life insurance, as well as financial services.
- Chubb: Chubb specializes in high-net-worth and specialty insurance, offering coverage for affluent individuals and businesses. They focus on tailored solutions and risk management.
These competitors, along with many others in the industry, continuously vie for market share and customer loyalty by offering a variety of coverage options, discounts, and customer service experiences. Travelers remain competitive by emphasizing its financial stability, extensive coverage options, and a history of reliable service.
Compare Insurance Providers Rates to Save Up to 75%
Secured with SHA-256 Encryption
Claims Process With Travelers Property Casualty Company of America
Ease of Filing a Claim
Travelers Property Casualty Company of America ensures a seamless and convenient claims process for policyholders. They offer multiple options for filing a claim, including an efficient online platform, a dedicated phone line for assistance, and user-friendly mobile apps. This flexibility allows policyholders to choose the method that suits them best, making the claims process hassle-free.
Average Claim Processing Time
Travelers prioritizes swift claim processing to minimize disruptions for its policyholders. While the exact processing time may vary depending on the nature of each claim, the company is known for its commitment to handling claims promptly. Policyholders can generally expect efficient service, ensuring a smooth experience during challenging times.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback underscores Travelers’ dedication to fair and prompt claim resolutions and payouts. Many policyholders express satisfaction with the company’s approach to handling claims, emphasizing its reliability and customer-centric approach. Travelers’ positive reputation in this regard reflects its commitment to providing an efficient and responsive claims experience.
Digital and Technological Features at Travelers Property Casualty Company of America
Mobile App Features and Functionality
Travelers Property Casualty Company of America offers a comprehensive mobile app equipped with a wide array of features and functionalities. The app facilitates easy management of insurance policies, including the ability to make premium payments and track claims in real-time. Its user-friendly interface empowers users to conveniently access and control their coverage via mobile devices.
Online Account Management Capabilities
Recognizing the importance of online account management, Travelers provides a secure online portal accessible around the clock.
This portal enables policyholders to directly access their policy information, allowing them to review coverage details, make policy adjustments, and monitor account activity at their convenience. These online account management capabilities contribute to a seamless and customer-centric insurance experience, placing control in the hands of policyholders.
Digital Tools and Resources
Travelers equips policyholders with a suite of digital tools and educational resources to enhance their understanding of insurance and financial planning.
These resources include valuable insights, calculators, and informative materials that cover topics such as risk assessment and insurance planning. These digital tools are tailored to provide essential guidance for policyholders, ensuring they have the knowledge needed to make informed decisions about their coverage and financial well-being.
Frequently Asked Questions
What makes Travelers’ property insurance unique?
Travelers’ property insurance offers customizable coverage to suit individual needs, ensuring peace of mind for homeowners and renters alike.
Is Travelers’ auto insurance available nationwide?
Yes, Travelers’ auto insurance is available in all 50 states, providing broad coverage and options for drivers.
Why is Travelers known for specialized insurance?
Travelers excels in specialized insurance by tailoring policies to unique situations, such as cyber threats and umbrella coverage.
How can Travelers help businesses with liability insurance?
Travelers’ liability insurance for businesses provides protection against legal and financial liabilities, safeguarding their operations.
What sets Travelers apart from other insurance providers?
Travelers’ long history, financial strength, and commitment to customer satisfaction make them a reliable choice in the insurance industry.
Compare Insurance Providers Rates to Save Up to 75%
Secured with SHA-256 Encryption
Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Joe Schmoo
Travelers Companies, Inc. review
Leopard
Fast reply
franbrown11
HORRIBLE
biskutt
Increasing price for no obvious reason
CarterKing2020
Bill
BW2345
Affordable, easy to manage, and great customer service
Rustysgirl
Fast service
Christinewashere
Best option
SPR5036
Good Car Claim
GQ
Great Value